Goldman Sachs Files for “DeFi” ETF NOT Made Up of Cryptocurrencies

In the last several months, the Goldman Sachs investment bank has moved towards Ethereum and Decentralized Finance (DeFi). The company is preparing to provide an Exchange Traded Fund (ETF), which is connected with businesses in the industry, according to a…

Uniswap CENSORS Access to Synthetic Assets on its Interface

The software development firm, Uniswap Labs, says it has placed restrictions on certain tokens, including tokenized equities and derivatives on the protocol interface it supports, in a Friday blog article. This recent development is occurring less than a week after…

Elon Musk Reveals He PERSONALLY Holds ETH, DOGE, While SpaceX has Bought Bitcoin

Despite his previous critiques of Bitcoin, Tesla entrepreneur Elon Musk reaffirmed on Wednesday that he is still a “supporter” of the cryptocurrency, confirming that he and both of his companies—SpaceX and Tesla—own some, but he restated his worries about the…

SushiSwap Community PISSED at Proposal to Sell Discounted Tokens to VCs

Sushiswap intends to offer $60 million in discounted tokens to venture capitalists. About 62% of the community thinks the plan is a bad idea. 0xMaki, the defacto leader of Sushiswap, proposed making it cheaper for venture capitalists to control the…

TROUBLE FOR JACK? Aave to Release Decentralized Twitter Alternative Later This Year

According to the founder of DeFi project Aave, Aave will provide a decentralized alternative to Twitter. According to Decrypt, the project will operate on Ethereum. He stated that material posted by users would be able to be monetized, and users…

Thorchain HACKED for Over $6 Million: Is DeFi in Trouble?

A multi-million-dollar exploit has occurred on popular cross-chain decentralized exchange Thorchain. A range of losses have been reported, reaching from 13,000 ETH (worth about $25.1 million) to 4,000 ETH (nearly $7.6 million). It is closer to $6 million, as a…

What the Heck is a Smart Contract Anyways? (For Noobs)

What is a Smart Contract? Like any other contract, a smart contract sets forth the conditions of a deal. Traditional contracts work by an agreement being made and carried out between two parties. Smart contracts, however, are implemented as code…

Youtuber Makes New Token; Later Accused of Scamming Followers

Tech Youtuber TechLead has created his own cryptocurrency named “Million Token” and has been promoting his new crypto all over his social media accounts. The launch of Million Token comes at an interesting time as many social media influencers have…

Uniswap Gets Faster in GROUNDBREAKING Layer 2 “Optimism” Upgrade

The long-awaited layer two scaling solutions update for Uniswap has been launched with the introduction of Uniswap’s Optimistic Ethereum layer 2 solution. An enthusiastic blog post appeared on July 13 announcing the alpha launch of Uniswap v3 on the Optimistic…

Coingecko for Noobs

Coingecko is the world’s largest independent cryptocurrency data aggregator and it has 6,000 different assets on its database tracking across over 400 different crypto exchanges. The site is similar to CoinMarketCap, however, CoinMarketCap is owned by Binance so the site…