On-Chain Data Hub Nansen Eyes Aggressive Growth With $75M Raise
Accel, Singapore’s sovereign wealth fund and other VCs are backing an emerging player in making blockchain data make sense. CEO Alex Svanevik explains Nansen’s scaled-up vision.
Sen. Elizabeth Warren Taking Aim at Stablecoins, DeFi During Senate Banking Committee Hearing
“The Hash” panel reacts to Sen. Elizabeth Warren (D-Mass.) criticizing stablecoins and decentralized finance (DeFi) in a Tuesday hearing with the Senate Banking Committee. Are stablecoins truly the lifeblood of DeFi, as Warren suggests, and without them, would open finance collapse as we know it?
Bank of America: Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
In its latest research report, Bank of America said smart contract platform Avalanche's ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming, and other assets. This comes as Avalanche's AVAX token is now the 12th largest by market value. "The Hash" hosts discuss the outlook for Avalanche and whether it could be the next Wall Street chain.
Crypto Traders Laying Low While Fed Ponders
The crypto market extended its losses Wednesday as investors closely monitor the Fed's upcoming decision on raising interest rates next year. Edan Yago, lead contributor at bitcoin-focused DeFi platform Sovryn, discusses his view of bitcoin and DeFi. "The big picture of bitcoin hasn't changed," Yago said. "Inflation is still necessary to continue ... [but] there's been something of a pullback as the market waits to see what's happening."
Crypto Fall Continues, Is DeFi Really Decentralized?
Animoca Brands and Bored Ape Yacht Club join forces for blockchain game. Crypto market’s downward trend continues. Just how decentralized is DeFI? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BadgerDAO Reveals Details of How It Was Hacked for $120M
DeFi platform BadgerDAO was exploited for $120 million earlier this month, raising skepticism over crypto reliability.
Sushi Jumps 10% After Top Avalanche Developer Proposes Takeover
Although Sushi has seen an exodus of developers and talent in the past months, the broader community isn’t losing hope.
BadgerDAO Reveals Details of How It Was Hacked for $120M
The DeFi platform said an application platform that runs on its cloud network was the vector for the attack.
Audius Is Building a Radio Station in the Metaverse
“DeFi Land” is integrating music streaming into its gameplay by way of the blockchain-based Spotify rival.
After Major Crypto Sell-Off, Why Did DeFi Stay So Sticky?
A look under the hood shows DeFi users are more prone to use platforms for income rather than leverage.
