Introducing Hashmasks, NFTs that Give Users Ownership Over Scarcity

Hashmasks is an interesting concept by 70 different artists for 16,384 original NFT artworks. Users can now participate in the NFT art sale by purchasing their own “Hashmasks” which are unique pieces of art that do not exist in any…

Mark Cuban Backs Decentralized Finance in Tweet Spree

Mark Cuban, billionaire investor, seems to be a DeFi bull. The owner of the Dallas Mavericks sold non-fungible tokens (NFTs), citing his Coinbase funds, and now he is dreaming about the advantages of decentralized finance. Cuban argued for decentralized finance,…

UNI for Noobs

What is UNI? Uniswap is a decentralized Ethereum protocol for the automated provision of liquidity (automated market making). UNI is the Uniswap protocol’s native token, which entitles its holders to the privileges of governance. Owners of UNI decide on protocol…

Top 6 Common Crypto Scams

Crypto scammers are flooding decentralized exchanges such as Uniswap with rug pulls. Such scams vary from the intricate to the outright lazy, but many are successful. This hints at either the greed of the crypto market or the gullibility of…

Another One: Value DeFi Hit By $6M Flash Loan Hack

After posting a (since deleted) Twitter thread on Friday outlining the flash loan prevention strategy developed by Value DeFi, the protocol became a target of a flash loan exploit of $6 million. Value DeFi was hacked for around $6 million…

Uniswap Users Hold Special Governance Meeting

Users of the leading decentralized exchange, Uniswap, announced an “unofficial community chat” planned for Nov. 12 at 5:00 pm UTC. The call is scheduled to discuss several important governance problems that are vital to Uniswap, including the future of its…

DeFi Total Value Locked Up Since October Downturn

After a summer eruption, curiosity in DeFi Total Value has cooled down. However, an uptick in capital poured into DeFi ventures occurred over the past week. According to DeFi Pulse, only in the last week an extra $1.32 billion was…

DEX Trading Volume Declined in October

October data indicates that decentralized exchanges (DEX) witnessed a drop in trading volume of 23 percent for the month, dipping to $18.46 billion from $24 billion in September according to a report by The Block Crypto. DEX Trading Volume Drops…

Second Ever UNI Vote for Another Airdrop Rages On

The second proposal ever that would be made before the Uniswap community will be to send airdrop UNI tokens to another 12,619 addresses. Second Ever Uniswap Proposal As of this date, the plan was voted for by more than 20.7…

Andre Cronje’s KP3R Token Bought Up By DeFi Degens

Within hours of launching, a freshly launched token (KP3R) by Yearn Finance creator Andre Cronje was bought up by DeFi degens. Introducing Keep3r Network The new token, KP3R, is a smart contract-driven marketplace for technological employment in Cronje’s current project,…