Mar 30, 2022
The week has started with Bitcoin printing a yearly high but yesterday the bad news broke via Twitter when the team behind Ronin announced that they have been hacked. The loss is immense with 173.600 Ether and over 25 million USDC the Ronin hack is one of the biggest incidents the crypto industry has ever seen. How did this happen? What do we know about the hacker? And will the victims get their funds back?
Mar 24, 2022
With yield farming, you let your crypto work for you in the world of Decentralized Finance (DeFi). Just as you would (could) in a traditional savings account. Also, in DeFi you get interest, or yield, in exchange for parking your money there.
Mar 08, 2022
With Cronje being the inventor of the highly valuable Yearn protocol and both being involved with Fantom, YFI and FTM tanked after the breaking news. What does that mean for both projects and will they survive?
Feb 24, 2022
The market for decentralized finance would be much larger if users could borrow the way they currently can with a bank. That is: without collateral - and that is currently the common way of borrowing within defi. But this is changing: many defi protocols are launching that explore the traditional way of borrowing.
Feb 15, 2022
The US financial watchdog, the SEC, has fined US crypto lending platform BlockFi 100 million. Their crypto Interest Account did not comply with securities laws. It is the highest fine handed out by the SEC to date.
Feb 07, 2022
With the parachain auctions concluding more and more projects are starting on Polkadot. Acala and Moonbeam are two of the first and most anticipated parachains that have launched on Polkadot only recently. Moonriver on the other hand is Moonbeam’s sister network on Kusama. What do they offer and how do they function?
Feb 03, 2022
A treasure of Ether has been stolen from the Wormhole bridge. It sounds like stuff from a science fiction or fantasy book. But in the 'dark forest' that is defi, these things happen every few months. On February 2d, a hacker managed to take advantage of a weakness in the code and run away with 120 k Eth, worth 300 million dollars.
Jan 25, 2022
Binance Smart Chain (BSC) is no longer the No. 3 blockchain when it comes to Total Value Locked (TVL) in decentralized finance applications (defi). That honorable position is now held by Fantom. TVL is the total dollar value of coins that users have staked in defi applications running on a chain.
Jan 17, 2022
With decentralized finance and NFT marketplaces flowering the Cardano blockchain has a chance to become a big player and fulfill all the promises that have been made throughout the last 2 years. What is SundaeSwap and what do we have to expect from its launch next Thursday?
Jan 06, 2022
PancakeSwap is a decentralized exchange (DEX), where you can swap your cryptocurrency for other crypto assets, by tapping into liquidity pools. It is one of the most notable use cases for blockchain technology and one of the biggest DeFi protocols, amongst others like Uniswap and SushiSwap.
Jan 04, 2022
In the year 2021, there has been a lot of criticism of proof of work due to environmental concerns. One particular blockchain project that emphasizes being a green alternative that is not using too much energy is Tezos. It started in 2017 as an ICO and while the start of Tezos was delayed because of legal issues it became quite popular a few years after.