OlympusDAO Created a Breakthrough DeFi Model – Now It’s Down 93% and Called a ‘Ponzi’
Olympus DAO is under fire after price drop and liquidations.
Ethereum Scaling
Cronje and Sesta Reveal Details of ‘Solid Swap’ Project to Spur Fees
Two DeFi trailblazers have joined up to create a new project called Solid Swap.
Surging Burn Rate Drives First Deflationary Week for ETH Issuance
Ethereum’s deflationary forces are making records as burn rate surges.
Defi Project Triggers Uproar by Charging .01 ETH Fee to Join Airdrop
Fees.wtf broke with norms and charged a fee to airdrop recipients, triggering an uproar.
EPNS Hits Ethereum Mainnet to Boost Links Between DeFi Projects and Users
The Ethereum Push Notification Service (EPNS) arrival on the mainnet may improve direct communication between projects and users.
Vitalik Sounds Alarm on Security of Cross-chain Bridges
Vitalik Buterin weighed in with concerns on the security of cross-chain bridges.
Blockchain Interoperability Moves Closer to Fruition But Challenges Remain
DeFi will draw closer to interoperability in 2022, potentially reshaping blockchain technology.
EIP 1559 and the Advent of ‘Ultra-Sound Money’
The arrival of EIP 1559, Ethereum’s big upgrade, changed the supply-and-demand calculus for the smart contract giant.
Opyn to Unveil Squared ETH Token as DeFi Derivatives Race Heats Up
Here comes SQUEETH. Decentralized options protocol Opyn is readying to launch its Squared ETH or SQUEETH token, which is designed to hedge ETH-based liquidity provider (LP) positions on automated market maker (AMM) exchanges. In a Dec. 17 blog post, Opyn developer Joe Clark described SQUEETH as a “new DeFi primitive” that allows stablecoin/ETH liquidity providers …
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Polygon’s Surprise Code Change Triggers Questions and Controversy
A Polygon update has triggered controversy over its decentralization status.
Avalanche Accelerates AVAX Adoption with BitGo Deal
BitGo is adding Avalanche’s AVAX token to its platform.
Layer 2 Optimism to Remove Whitelist and Open Floodgates to Devs
Optimism., the Layer 2 rollup network, is removing its whitelist and opening the door to devs.
What is DeFi? The Ultimate DeFi 101 Guide to Ethereum, Layer 2s, Yield Farming, and More
This updated primer on DeFi explains Ethereum, layer 1s and Layer 2, top projects, and governance.
Crypto.com’s Cronos Chain Nears $1B in TVL as Token Jumps 350%
Crypto.com’s exchange and token are surging, with TVL approaching $1B.
Rising Fees on Avalanche Trigger Scramble for Solutions
Avalanche’s transaction fees are rising, triggering a push for solutions and setting up a contest with Ethereum.
Acala Network Wins Polkadot’s Parachain Slot as Auction Shifts to Next Phase
Acala Network won the parachain slot on Polkadot as auction moves into new phase.
Twitter Fight Between VC and Devs Stirs Angst Over Ethereum Gas Fees
A Twitter fight spotlights the simmering tensions over Ethereum’s high gas fees and the rise of Layer 2 blockchains.
Ape Diaries: Gasless Yield Farming on Aurora, NEAR’s EVM-Compatible Blockchain
This primer explores yield farming on Aurora.
Polygon Uses Zero-Knowledge Proofs in New Ethereum Virtual Machine Rollup
Polygon has brought out an EVN-compatible rollup that uses Zero-knowledge proofs.
Pendle Launches Yield Token Trading on Avalanche
Pendle introduce yield tokens on Avalanche’s blockchain in the latest sign of its expansion.
Markets Roundup: Ethereum Burn Rate Surges as DeFi Tokens Post Mixed Performance
This week’s markets roundup reports on Ethereum’s burn rate and the mixed performance of top tokens like Solana and Aave.
Ethereum Name Service Jumps to $1B Market Cap After Airdrop of ENS Token
ENS, the governance token for Ethereum Name Service, soared after its airdrop this week.
Metis Joins Ethereum Layer 2 Race With $100M Ecosystem Fund
Metis is joining the fray, where Arbitrum and Optimism have so far ruled. The project is set to launch its mainnet the week of Nov. 15 and is also launching a $100M fund, which Metis describes as a “decentralized autonomous company” (DAC), called Genesi, to support projects which join its ecosystem.
MakerDAO’s Update is a Pure Expression of DeFi 2.0
IntoTheBlock explores how MakerDAO’s update will allow it to interact with the secondary market with more control over DAI.
Layer 1s Better Watch Their Backs as L2s Surge in TVL
Smart contract platforms — Terra, Solana and Avalanche, to name a few — had a summer to remember. Terra’s LUNA rocketed 421% between June 1 and Sept. 30 and its fellow Layer 1s (L1s) Avalanche and Solana also delivered triple-digit returns. Now Layer 2s (L2s), which make Ethereum transactions more affordable and faster by executing them …
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Own Your Ethereum Name with ENS
The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like ‘alp. eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata.
Arbitrum Launches with Full DeFi Ecosystem Locked and Loaded
Arbitrum, one of the most awaited Ethereum scaling solutions, has attracted $2.9M on its first day after launch, becoming the 11th largest so-called Layer 2 platform, according to L2BEAT. Offchain Labs, a blockchain software maker, launched Arbitrum on Aug. 31 with the promise to offer lower fees and faster transactions. So far, it’s delivering: ETH …
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Looking Back at Uniswap’s Growth as it’s Deployed on L2
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock The anticipated launch of Uniswap on layer 2 has finally arrived, at least to some extent. Uniswap’s alpha on Optimism has been released, supporting only six crypto-assets so far, but at a fraction of the cost incurred on Ethereum’s mainnet. As Uniswap’s V3 is on track to fully …
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Uniswap’s V3 Launches on Layer 2 Solution Optimism
It’s a good time for Layer 2 enthusiasts as Uniswap V3 has soft-launched on Optimism, a leading optimistic rollup solution for scaling Ethereum. Users can now tap Optimism to deposit, trade and provide liquidity on the decentralized exchange (DEX), which captures roughly half of all DEX volume, according to a Dune Analytic’s query. Optimism “currently …
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