Fei Protocol is fighting to make a comeback. Back in April, the project’s stablecoin, meant to maintain a $1 peg, dropped as low as $0.92 after raising 639,000 ETH, worth $1.3B, in its highly anticipated launch. The Andreessen Horowitz-backed project is still swinging however, and has just launched a v2 with a few key changes. …
Fei Protocol is Still Swinging After Rocky Start and Launches v2 Read More »
Polygon, the sixth-largest blockchain by assets locked, is increasing the minimum gas price for transactions on its network by a factor of 30. The move comes as the network recently surpassed Ethereum in terms of Daily Active Addresses and is intended to reduce the number of spam transactions on the network. There have been increasing …
Polygon Hikes its Minimum Gas Price by 30x in Bid to Foil Spammers Read More »
Société Générale’s request for a $20M loan from MakerDAO is just one of several real-world deals that the DeFi protocol has coming soon. The O.G. decentralized finance protocol is on the move to fund projects that will make tangible differences in the world. That potentially includes MakerDAO founder Rune Christensen’s push for the organization to …
MakerDAO Chases ‘Real World’ Deals and Assets in Major Test for DeFi Read More »
Tracer is a new infrastructure play on DeFi. By enabling the creation of financial contract templates in the Tracer Factory, it allows anyone to create markets for any asset using any of the installed templates.
Let’s get real – NFTs aren’t just about cute profile pics. In this episode we’re lifting the curtains to unveil the ugly secrets of the NFT world: the scams, the shitcoins, the mods, the influencers, the scamdrops, wash trading, you name it. Joining us will be Artur Sychov (founder and CEO at Somnium Space), NFT …
New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to CoinGecko. That’s $5.39B behind Maker’s DAI stablecoin supply. So while MIM still has a ways …
Abracadabra’s Stablecoin Races Past $1B and Sparks Talk of Overtaking MakerDAO Read More »
Yesterday, Connor Spelliscy and Holmes Wilson argued that the cryptocurrency industry is confronting an existential crisis. In Part 2 of this Defiant Essay, Connor and Holmes issue a call to action and lay out a primer for mobilizing the community to rescue the movement from regulation that could significantly impede, or even cripple, the crypto …
A Call to Action: How to Mobilize and Save the Crypto Movement Read More »
