Latest DeFi News

How to Read Smart Contracts Without Learning Solidity

In Decentralized Finance, code is law. Instead of legal documents, we have self-enforcing smart contracts. While contracts written in code enable the vast universe of DeFi, they also present a literacy issue. Legalese may be boring, but the average user can still puzzle through it with enough re-reading. In contrast, code is incomprehensible to the

Treasure Marketplace Hacked: Exploit Ongoing

BREAKING – The Treasure Marketplace has been hacked! A bug in the contract allowed attackers to purchase a variety of NFTs, including high value Genesis Legions and Smol Brains, for 0 cost. This is a bug in the exchange itself and is currently affecting ALL listed NFTs. Users should delist or revoke approval for ANY

What are Hiro HyperChains? A Scaling Solution for STX 

On Wednesday, February 23 2022, Hiro Hyperchains were announced. Hiro Hyperchains are a new, open-source development coming to the Stacks (STX) blockchain in summer 2022. STX brought smart contracts to Bitcoin a little over a year ago. Hyperchains are the first proposed scaling solution for the STX blockchain. As the transaction volume on the STX blockchain has increased, users

Rug of the Month: February 2022 – Pixelmon

February was an interesting month of potential winners of the Rug of the month. An ex-pornstar made off with over $1 million on an NFT, Coinbase rugged a white-hat that saved them infinite dollars, and many of the standard scams occurred. It wasn’t until I saw the glory of this 3ETH butt plug that I

A Crash Course on Ethereum

Uncovering what is behind the growth of DeFi, NFTs, and why Ethereum is the most widely used blockchain in the world.

New Year New Joe: New TraderJoe Tokenomics 

There’s a whole new Joe in town.  TraderJoe is the largest DEX (Decentralized Exchange) on the Avalanche blockchain.  TraderJoe tokenomics will change via adjustment of the staking mechanism.  To do this, TraderJoe will move from one to three separate staking mechanisms. The new staking mechanisms are: rJOE sJOE veJOE Currently, JOE is staked for xJOE which earns rewards in JOE. The new

Basic Rug Protection: 5 Hazards To Watch For in DeFi

Ask anyone about a DeFi token or NFT project, and their answer will probably include “DYOR” somewhere. Telling someone to Do Your Own Research is useful for absolving yourself of blame for their aping, but little else. Smart contracts are complex beasts. Fully auditing a protocol yourself before interacting with it is simply not practical