DeFi

DAO Future Uncertain After Wonderland Wind Down Vote Fails

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

Time For Wonderland To Be A Memory

Wonderland cat is really a snake

Wonderland is voting to dissolve the protocol after a series of controversies around Frog Nation’s leader Daniele Sesta & CFO Omar Dhanani…

Carpe Diem: The Demise of Facebook’s Stablecoin

Diem Meta Facebook Cryptocurrency Stablecoin

Meta, previously known as Facebook, unveiled its plans in 2019 to launch a cryptocurrency targeted at the unbanked. After two and a half years of controversy and regulatory pressure, that project, Diem, appears to be unraveling. Let’s dive into what happened to Diem, and what this tells us about the regulatory environment surrounding crypto and … Read more

Sifu Doxxed – Wonderland CFO Revealed As Convicted Conman Omar Dhanani

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

Arbitrum One Update Lowers Fee’s

Today saw the announcement that the Arbitrum One team has released an update that further reduces transaction fees on the popular Layer-2 platform.  While Ethereum is the most popular Layer 1 blockchain ecosystem  (most DeFi and NFT projects are built on it), the gas fee’s have been historically high causing a lot of friction for … Read more

Dani Sesta Liquidated On His Own Protocol – wMEMO in Freefall

“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

OlympusDAO Doubles Down on Ohm as DeFi Reserve Currency

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

Personal Finance and Crypto

Integrate personal finance into crypto, address the long term outlook, and adapt to changes in investing.