MakerDAO Mulls Proposal To Boost DAI Savings Rate

Blend Drives Surge In NFT Lending Activity

Hello Defiers! Here’s what we’re covering today:

EXCLUSIVE: It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen Heist

Turley’s Venture Fund Musters $10M For NFT Play

Robinhood Web3 Wallet Goes Live On Polygon

Listen to the exclusive interview with ConsenSys’ Ben Edgington:

Currencies around the world are tumbling. Except Bitcoin: The New York Times

Zach Dexter to head FTX U.S. as the crypto exchange moves to Miami: the Block

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More Than 80% of Ethereum Miners Pull the Plug After Merge

Sifu Resurfaces with New Money Market Protocol

Pound Gets Rugged + Huge Week For Crypto Markets

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It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen Heist

‘We Got Careless’ Victim Tells Hacker in Bid to Recover Lost ETH

 An MEV bot operator made 800 ETH in a single transaction on Sept. 28, before losing a whopping 1,100 ETH just one hour later, according to Bert Miller, the product lead of Flashbots, an MEV research team.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Entrepreneur Bets Music is Untapped Niche in NFT Market

 In high school, Cooper Turley was flipping Pokemon and Yu-Gi-Oh! trading cards for profit. His hustle has found several outlets since — journalist, DJ, trader, co-founder and investor.

 Now, with $10M in hand — some of it his, some of it from millionaire crypto founders and investors — Turley has landed his next project: Changing the economics of making and enjoying music.

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Upgrades Aim to Make ATOM the Reserve Currency of the Ecosystem

 Cosmos, an ecosystem of interconnected blockchains whose ATOM token has surged 21% in the last 30 days, is planning to restructure its tokenomics to drive more value to ATOM and better secure its network of chains.

ECB President Lagarde Supports Stricter Regulation of DeFi

 Jerome Powell may not be totally down with DeFi but he isn’t taking the hard line other regulators are pursuing in the latest crackdown on crypto. That was the upshot from a forum on the tokenization of finance hosted by the Banque de France in Paris on Tuesday. Powell, the chair of the Federal Reserve, presented a nuanced stance on DeFi.

Beta Version Allows Gasless Swaps on Layer 2 Blockchain

 In a move that could boost web3 adoption at a time of mounting doubts, Robinhood, the popular stock trading app, launched a beta version of its non-custodial wallet on the Polygon network on Sept. 27.

Embattled Crypto Lender Froze Customer Assets In June

Alex Mashinsky, the CEO of bankrupt crypto lender Celsius, has resigned, the company announced Tuesday.

Reviewing Ethereum 2.0 a week after The Merge

A Step-by-Step Guide to the ‘Decentralized Oracle’

Hello Defiers! Here’s what we’re covering today:

Special Report

EXCLUSIVE: It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen Heist

News

Turley’s Venture Fund Musters $10M For NFT Play

Cosmos Poised To Revamp ATOM Tokenomics

Robinhood Web3 Wall...

🦹‍♀️ It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen Heist