Interview
Axie Infinity to Release Land Gaming Mode in Bid to Maintain Dominance
Posted by Brady Dale
Axie Infinity is expanding its gaming modes to add new contests for players.
NFT Investors Shake Lull and Send Market Volume to Four-Month High
Posted by Owen Fernau
NFTs rebounded strongly over the holiday break, indicating the 2021 rally is moving into a new phase.
The Defiant's Defiers of 2021
Posted by The Defiant Team
unders, hackers and investors who helped advance the open economy; politicians and regulators who are laying the…
Olympus DAO ($OHM) What Is It and Where Is It Going Next? (with JaLa)
Posted by Robin Schmidt
In 2021 no DeFi protocol has quite caught the eye like OlympusDAO. Inspiring a devoted following of Ohmies you’ll have seen the (3,3) meme everywhere. Then there were the forks, sooooo soooo many forks. Single-handedly responsible for DeFi2.0 and its…
Bored Apes’ Floor Price Briefly Passes CryptoPunks as NFT Race Intensifies
Posted by Samuel Haig
The floor prices for Bored Ape Yacht Club NFTs briefly surpassed CryptoPunks as the context between the two intensifies.
CryptoPunks and Bored Apes Rule New Index Fund for NFT Blue Chips
Posted by Samuel Haig
A new index fund for NFTs is the latest sign of the financialization of the space.
Artists Cry Foul Over Sold Out NFT Drop of Stormtrooper Images
Posted by Samuel Haig
The Art Wars Collection, a series of NFTs depicting painted Stormtrooper helmets from the Star Wars franchise, has come under fire for launching without the consent of the artists who created the original works. The series comprises 1,138 images chosen…
New NFTs Will Let Virtual Museum Show Art Across the Metaverse
Posted by Brady Dale
The Museum of Crypto Art is making exhibition spaces for all cornes of the metaverse.
Bored Apes' Generous Copyright Approach Besting Stricter CryptoPunks
Posted by Brady Dale
Intellectual property issues are heating up in the NFT space as Bored Apes and CryptoPunks take two different approaches to copyright rules.
On First Anniversary Ethereum 2.0 Beacon Chain Solidifies Proof-of-Stake Shift
Posted by Samuel Haig
On the first anniversary of the Ethereum 2.0 Beacon Chain a road map for DeFi's big blockchain has opened up.
Ape Diaries: Gasless Yield Farming on Aurora, NEAR’s EVM-Compatible Blockchain
Posted by yyctrader
This primer explores yield farming on Aurora.
Parcel Challenges OpenSea in Bid to Rule Virtual Property in the Metaverse
Posted by Brady Dale
Parcel is challenging NFT leader OpenSea by helping users buy virtual properties in the metaverse.
The Web3 Three: Discord, Reddit and Twitter Tease Crypto Integration
Posted by Brady Dale
The big-but-not-Facebook-big companies of the social web, Discord, Reddit and Twitter, are giving crypto’s technology a much more serious look. That could mean the blockchain party will be much larger, soon.
Axie Infinity’s Katana Breaks $1B in TVL After Launch of Governance Token
Posted by Brady Dale
Axie Infinity's new AMM for Ronin exceeded $1B in TVL.
There's Already $115M on Axie Infinity's New Automated Market Maker
Posted by Brady Dale
Axie Infinity has launched an automated market maker called Katana for its sidechain Ronin, and it had 25,000 people interact with it less than 10 hours into its existence, according to Jiho Zirlin, co-founder of the team that built the…
Governance of DeFi Giant Curve in Flux as Smaller Convex Exerts Control
Posted by Brady Dale
Curve's symbiotic relationship with Convex is the focus of a new governance proposal that zeroes in on an unusual rule.
'Work Smart, Not Hard': DODO's Diane Dai Used a Get-it-Done Tack to Build an AMM
Posted by The Defiant Team
An interview with Diane Dai, CMO of DODOm an automated market maker in DeFi.
Paradigm Bets on a Cross-Chain Future With $21M Round for Cosmos' Osmosis DEX
Posted by Brady Dale
Osmosis, a decentralized exchange in the Cosmos ecosystem, today announced a $21M sale of tokens from the Osmosis Foundation treasury, in a round led by Paradigm. Other investors included Robert Leshner's scout fund, Robot Ventures, Nascent, Ethereal, Figment and Terraform…
Terra’s Shade-Filled SEC Lawsuit Signals Crypto is Now Ready to Fight Back
Posted by Brady Dale
Another crypto bull run, another whirlwind of regulatory pressure. But if Terraforms Labs’ lawsuit is any indication, DeFi is better prepared to fight back this time around.
Lisbon Surfaced The Evolution of DAOs, Solarpunks vs. Lunarpunks and Web3 Social Media
Posted by David Liebowitz
As people from all over the world gathered in Lisbon, “gm’s” turned to “bd’s” and the metaverse met in meatspace for a week of events and fanfare kicking off with LISCON. Whether it was in the compact hilly cobblestones that…
Team Behind Hummingbot Gives Away Its Code Via Foundation
Posted by Brady Dale
Sometimes a company can give away their technology and still turn a strong profit. Red Hat became a large company helping businesses use Linux, the classic open source project. It sold in 2018 for $34B to IBM. CoinAlpha is a…
Victims of $30M Parity Wallet Hack Offer Attacker $60M 'Bounty'
Posted by Brady Dale
The victims of a 2017 hack - Aeternity, Edgeless, and Swarm City -have offered a bug bounty to recover their stolen ETH.
Hey Bitcoin ETF! Say Hello to the 500 DeFi Index Funds Already Trading
Posted by Camila Russo
The long wait for this one imperfect trading product shows exactly why DeFi will disrupt and upend traditional finance.
Shell Protocol Jumps into 'Concentrated Liquidity' Just Like Uniswap and Curve
Posted by Brady Dale
When decentralized exchanges started to take off in 2019, the designs were very simple, but simplicity in these marketplaces might soon be a distant memory. The most successful category of decentralized exchanges are the automated market makers (AMMs), such as…
MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi
Posted by Brady Dale
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…
Liquidity Mining Set to Begin Friday on the Risk Tranching Gro Protocol
Posted by Brady Dale
Everyone is looking for stronger yields in DeFi. Gro is a new yield platform that aims to offer boosted returns on leading stablecoins to users willing to accept some risk. Gro is set to launch liquidity mining shortly for its…
This Minivan Won't Let You Down: How Jay Pegs’ NFT Gave Birth to an Absurd Universe
Posted by Brady Dale
I was told there would be explosions. There haven’t been any explosions, though, unless you count blown minds. As everyone else in the NFT space heralds a new era in art history, a loose crew of about 10 degens took…
Decentralization Now: Coppola Studio Brings Blockchain to the Movies
Posted by R. D. Danes
After four years of development, Decentralized Pictures — a new project from Frances Ford Coppola’s fabled American Zoetrope production company — is preparing to go live. The project is just what it sounds like — a decentralized platform leveraging blockchain…
Digital Beauty, Asset Flipping, and a Bad Case of the Shakes: Inside the Chase for Art Blocks NFTs
Posted by Bailey Reutzel
I started chasing Art Blocks NFTs on Aug. 25 during Radix’ Eccentrics 2: Orbits drop. That may sound like gobbledygook to some, but others, including Art Blocks founder Erick Calderon, AKA Snowfro, will know that I picked the worst time…
$830M Burned: A Month Into EIP-1559
Posted by yyctrader
It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable…
Two DeFi Projects Shut Down and Pledge to Return Users' Funds
Posted by Brady Dale
Two DeFi projects tasked with helping traders in the space hedge risk announced they are shutting down on Saturday. Cover, an insurance protocol, and Ruler, a debt market without liquidations, lost their developer team and determined that they could not…
Yearn Finance Backs Atlantis World to Draw Degens Into the Metaverse
Posted by Brady Dale
What’s the answer to make decentralized finance more fun and immersive than its current incarnation of websites and bulletin boards? Apparently it’s community environments reminiscent of video games played on 1990s-era consoles. That at least is the bet DeFi portal Yearn Finance is making with…
Scaling DAOs Won't Be Easy: Five Major Challenges to Overcome
Posted by Connor Spelliscy
The only thing cooler than working for one DAO is working for all the DAOs. But to do that you need to figure out what all DAOs need. That sounded tricky to us, too. So we asked! We gathered together some of the leading DAO…
Anonymous Trader 0x650 Bought 88 CryptoPunks for $5.5M; Here's the Backstory
Posted by Dan Kahan
Last month, one anonymous user spent more than $5M on CryptoPunks in a buy that kicked off a frenzy of NFT sales. In an exclusive interview, The Defiant’s Camila Russo sat down to chat with the buyer 0x650d, who purchased 88 CryptoPunks for $5.5M in…
Ethereum Price Rallies in Lead Up to EIP-1559
Posted by Dan Kahan
The price of Ethereum’s Ether has been rallying in the lead-up to the EIP-1559 upgrade. ETH crossed $2,500 for the first time since June 16 over the weekend — that’s a 47% increase from $1.7K on June 22, the lowest since hitting an all-time high…
Art Blocks NFTs Soar as Savvy Collectors Snap Up Edgy Pieces
Posted by yyctrader
While all eyes remain on red-hot NFT avatars like Cryptopunks and Bored Apes, some savvy collectors have been quietly amassing Art Blocks in recent weeks. The hook? Art Blocks specializes in a revolutionary genre called Generative Art that’s been around a long time but has…
Digital or Physical? Damien Hirst’s New NFT Project Gives Buyers A Choice
Posted by yyctrader
Damien Hirst, still the enfant terrible of the UK art scene and reportedly the nation’s richest living artist, is about to add to his fortune with a $20M NFT drop. His project, called The Currency, is a collection of 10,000 NFTs, which correspond to 10,000…
The Defiant's Definitive Guide to DeFi
The Defiant is the leading information company at the intersection of tech and money. It’s the only content platform producing unbiased, objective journalism, that’s focused on decentralized finance. We cover the news in this space day to day, across our newsletter, podcast, YouTube channel, and website.
This guide is meant to be a one-stop-shop to get started. These are all the DeFi basics you will need to start exploring the internet of money.