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 … Read more
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 … Read more
Justin Trudeau and Parliament of Canada enact the Emergencies Act, enabling the freeze and suspension of Canadian bank accounts. Crypto has never looked brighter.
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
The SEC fined BlockFi $100mm for offering simple accounts with high yields on crypto. What does this mean for current account holders and…
Evmos, Cosmos, and Blockchain Scaling If you care about blockchain scaling and modularity, Evmos is one of the most exciting new Cosmos ecosystem projects to watch. Scaling is one of the key issues surrounding the future of crypto and mass adoption. In contrast to Ethereum’s rollup-centric scaling strategy, the Cosmos ecosystem has an alternative approach … Read more
A big announcement recently was the Washington Nationals (MLB) officially partnering with Terra. Marking this deal the first Major Sports Franchise to partner with a DAO (Decentralized Autonomous Organization). This is a pretty big deal for Terra ($LUNA) as the partnership brings public visibility to the DAO. It also looks to bring the Terra stablecoin, UST, as … Read more
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 … Read more
Wormhole Bridge protocol was hacked for $325 million in one of the largest crypto hacks ever. What is a bridge and how was it exploited to…
In a surprise Twitter announcement, Muneeb Ali announced the creation of a new development company Trust Machines. Muneeb was previously the CEO of Hiro Systems, creating developer tools for building dApps on the Stacks blockchain. He has transitioned to an Executive Chairman role at Hiro. Muneeb’s new venture is focused on developing applications on both … Read more