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“# Ribbon Finance gains 60% after V2 launch and Avalanche integration ” Decentralized finance (DeFi) was one of the breakout sectors of the cryptocurrency market in 2021 and stands poised to continue to facilitate the mass adoption of cryptocurre in 2022. This comes as institutional and retail investors embrace the emergence of Finance 2.0. One…
“# DAOs are the foundation of Web3, the creator economy and the future of work ” Decentralized autonomous organizations (DAOs) started out as a simple concept envisioned as organizations, created by an idea and fueled by developers, that automate business functions and processes by leveraging smart contracts and all the fundamental tenets of blockchain. The…
“# Eth2’s Rocket Pool reaches $350M TVL and 635 node operators in five weeks ” Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators….
“# Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the calendar year comes to an end, Cardano’s personable leader Charles Hoskinson shares a message of optimism, unity and collaboration for the future of crypto. As a gesture…
“# DAO treasuries surged 40X in 2021: DeepDAO ” The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the…
“# OpenSea freezes $2.2M of stolen Bored Apes ” NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at…
“# Nifty News: Decentraland Times Square NYE party, Mutant Apes go bananas and more… ” Times Square NYE party in Decentraland Decentralized Metaverse project Decentraland will unveil the virtual reality version of the iconic Times Square via a New Years Eve party that coincides with the timing of the real life celebration in New York…
“# ‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi’s future ” The total value locked, or TVL, in decentralized finance (DeFi) has soared to over $250 billion as 2021 closes out, according to DeFi Llama, with most activity on Ethereum. The budding DeFi industry only became mainstream during summer 2021….
“# Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal ” Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200…
“# On heritage and NFT: Challenging the meaning of legacy itself ” In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. When trying to examine the nonfungible token…