Yuga Labs, the makers of Bored Ape Yacht Club (BAYC), has created a crypto currency called ApeCoin to expand its footprint.
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Avalanche Multiverse and Defi Kingdoms: Crystalvale The Avalanche Foundation recently announced the Avalanche Multiverse, a $290MM incentive program aimed at accelerating the growth of Avalanche subnets. The first recipient of these incentives is none other than the popular GameFi dApp Defi Kingdoms. In December 2021, after it had already become the most popular dApp on
Vote-Escrowed Tokens have you lock-up money in return for more voting power in the protocol. Popularized by Curve, VE is starting to take…
At this point, most DeFi protocols at least brand themselves as a Decentralized Autonomous Organization, or DAO. This form of on-chain governance places operational control of the protocol in the hands of token holders, rather than a centralized body. If incorrectly implemented, DAOs can be vulnerable to hostile takeover by malicious actors, aka a governance
Uncovering what is behind the growth of DeFi, NFTs, and why Ethereum is the most widely used blockchain in the world.
The infamous 2016 exploit of The DAO looted 3.6 million Ether, almost 5% of the Ether in existence at the time, and led to the controversial hard fork between the Ethereum and Ethereum Classic blockchains. Today, journalist Laura Shin claims to have uncovered the DAO hacker’s identity. She alleges that one Toby Hoenisch, an Austrian
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 $wMEMO,
A big announcement recently was the Washington Nationals (MLB) officially partnering with Terra. Marking this deal the first Major Sports Franchise to partner with a DAO (Decentralized Autonomous Organization). This is a pretty big deal for Terra ($LUNA) as the partnership brings public visibility to the DAO. It also looks to bring the Terra stablecoin, UST, as
Pro Sports and Crypto partnerships continue to be an indicator of longterm growth even in volatile market conditions. As the market has continued to bounce up and down, one important narrative in the short term to look at is Crypto.com, Binance, FTX and other Crypto companies have laid out the most capital investment ever for