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“# Game review: Axie Infinity currently rules the Pay-to-Win-to-Earn roost ” The Pokemon-inspired Axie Infinity has grown to become the number one nonfungible token, or NFT, game on the Ethereum blockchain, with over 7,000 on-chain active monthly users. This week saw the launch of its $2.97 million Axie Infinity Shards (AXS) governance token sale on…
“# Crypto ‘fear index’ can now be used to peek into the future ” The Crypto Volatility Index, or CVX, is now live as a beta test and proof of concept. The index tracks the implied volatility of crypto options in a similar fashion to the VIX index used in stock markets. The VIX is…
“# Future elections could be held on the Cardano blockchain, says Hoskinson ” In an interview with Cointelegraph, Charles Hoskinson suggested that a Cardano-based solution might make blockchain voting possible for future national elections. He stated: “Not only do I believe — we’ve been building the infrastructure for that.” Hoskinson acknowledged that the road to Cardano-based elections…
“# Report: Governance remains highly centralized on many DeFi projects ” A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with strong venture…
“# Uniswap moves closer to a new five million UNI airdrop ” The second-ever governance proposal for the Uniswap decentralized exchange (DEX) is more than halfway to reaching a quorum with a little over 30 hours to go. If passed, the proposal will see 12,619 wallet addresses that interacted with Uniswap via a proxy contract…
“# Maker community scrambles to fix long-standing vulnerability to flash loans ” The MakerDAO (MKR) community is urgently implementing measures to prevent voting manipulation through flash loans. This was precipitated by what is likely the first instance of the feature being used to influence a DeFi governance vote on Oct. 26. According to a post…
“#Chinese spacecraft set for Mars landing in May: state media” BEIJING – A Chinese spacecraft is expected to land on Mars in May, state-run media reported on Thursday, citing a space agency official. The spacecraft, which left Earth in July, is set to land in Utopia Planitia, a plain in the northern hemisphere of Mars,…
“#Famous equation to determine whether aliens exist now used for COVID-19 spread” The seven-term Drake equation is used to estimate the number of intelligent civilizations in the Milky Way galaxy. While humanity has yet to find any presence of aliens, the famous mathematical equation is now serving humanity in another manner: estimating the odds of…
“# Finance Redefined: The curious case of Harvest Finance, Oct. 21-28 ” We were graced with one more typical “degen yield farm” popping in and out of relevance this week. Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now…
“# Will they or won’t they? Central banks eye each other’s digital currency moves ” Canada doesn’t want any “surprises” regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country’s contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue…