BowTiedPickle 
Prior to its fall from grace earlier this year, Wonderland Money was pivoting to operation as a DeFi hedge fund. On the advice of treasury manager Sifu, the DAO invested $18,337,000 USD into Betswap.gg, a crypto-native betting platform, in exchange for $BSGG tokens. On February 12th, a $BSGG airdrop went live to all snapshotted $wMEMO, … Read more
On Tuesday morning, United States authorities apprehended husband and wife pair Ilya Lichtenstein and Heather Morgan. The two are jointly charged with conspiracy to commit money laundering and conspiracy to defraud the United States, for the heist of 120,000 bitcoins from cryptocurrency exchange Bitfinex in 2016. Around 94,000 ($3.6 billion USD) of the Bitfinex bitcoins … Read more
The Neo Tokyo Meta Tournament: Round 2 streamed on the TwitchTV homepage on February 5th, 2022. Qualifiers were held on Feb 4th, reducing the field of thousands down to 100 players for the finals. The Meta Tournament’s second of three rounds featured the popular battle royal game PlayerUnknown’s Battlegrounds, and was exclusively for Neo Tokyo … Read more
This article is part of a series covering the Wonderland situation. See prior coverage here. Daniele Sestagalli, founder of Wonderland Money, recently made a proposal to the Wonderland DAO, proposing to wind down the protocol and distribute its treasury to wMEMO holders. The proposal (snapshot voting here) was bitterly debated and the DAO vote was … Read more
If you’ve been following the Wonderland drama over the last few days (read Part 1 and Part 2 for background), you may have expected that anything could happen. What you probably didn’t expect is what actually happened – Wonderland’s treasury manager Sifu was doxxed as convicted conman Omar Dhanani, aka Michael Patryn. But that’s not … Read more
“Wonderland.money buys at backing” @danielesesta Dani Sesta liquidated – As the Frog Nation sits in the smoking crater of what used to be Wonderland’s market cap ($TIME), wondering what happened and why devs did not do something, this quote returns to mind. Founder Daniele Sestagalli had previously soothed fears of falling prices in the bear … Read more
In a new Medium post, OlympusDAO has released information on the ambitious Olympus12 initiative. Olympus12 is a roadmap of the DAO’s efforts for the next 12 months, focusing on bringing $OHM into widespread use as a DeFi’s reserve currency. Becoming the reserve currency of decentralized finance has been the stated end goal of the protocol … Read more
Treasure DAO is a decentralized effort aiming to connect NFT projects into a broad, story-rich ecosystem. The Treasureverse focuses on integrating DeFi in a fun, accessible way by gamifying underlying concepts like Liquidity Providing. The DAO is one of the largest players on Arbitrum, and has launched several projects, including native NFT collections and the … Read more
If you’ve been following the right circles on Twitter, or caught the UpOnly podcast with Tetranode, you may have heard of ERC-4626. But what is it? In plain English, ERC-4626 is a standard interface to be implemented by yield-bearing tokens. 99% of the time, the user is not going to know or care whether their … Read more
What is Pixels Online, you may ask? Pixels Online is a 2nd generation crypto-gaming project centered around integration with existing NFT projects. The 5,000 unit genesis NFT mint, land plots, will drop January 26th, 2022, and features a novel play-to-whitelist mechanism. In the play-to-whitelist model, users have to put skin in the game by playing … Read more