⛓ BNB Chain Slips as No. 1 Ethereum-Compatible Chain
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Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund: CoinDesk
The SEC’s Kardashian fine was a dumb publicity stunt: Fortune
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DeFi Blockchains
⛓ BNB Chain Slips as No. 1 Ethereum-Compatible Chain: Report
Nansen Reports Daily Transactions Still Top Ethereum
TRANSACTIONS Binance’s BNB Chain is losing its edge as the world’s most-used Ethereum-compatible blockchain. Daily transactions on BNB Chain still dwarf those on Ethereum, the world’s preeminent smart contract platform, but the gap has steadily narrowed over the past several months.
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NFT Marketplaces
🖼 OpenSea Streamlines NFT Launches for Artists
SeaDrop Refines NFT Minting and Drop Process
SMART CONTRACTS OpenSea, the leading NFT marketplace, has launched SeaDrop, an open-source smart contract that allows NFT project creators to skip the tedious task of deploying their own custom smart contracts.
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Sponsored Post
AMC’s The Walking Dead Signature 3D Avatars Minting on 10/5
The Walking Dead series may be coming to an end, but the Dead continue to live on in Web3. After two public sell outs of their NFT collections, Orange Comet will be releasing their Metaverse-ready, 3D hand-sculpted avatars of some of the favorite characters from the TV series. On October 5, two 5K piece mints (one public, one passholder only) will go on sale.
The Avatars feature fan-favorites Rick, Daryl, Michonne (with her pets), Carol, Mercer and more. These high-quality digital collectibles are one of the required NFTs needed to activate the gamification of the upcoming ‘The Walking Dead Lands’ metaverse; a post-apocalyptic open-world build-and-earn experience.
The cost for the public mint will be $80, priced in ETH immediately before the mint, and if you’re a Walker Access passholder, there will be an additional 0.02 ETH discount. So even if your favorite show may be ending, get your wallets ready so you can stay connected to the TWD community.
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📺 Quick Take: Unsecured Lending is becoming a crowded game
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🎙📺 Ethereum can surpass Visa's transaction speed within months
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DeFi Explainers
🧐 What is UMA?
A Step-by-Step Guide to Tokenization of Off-Chain Assets
TOKENIZATION Universal Market Access (UMA) is an Ethereum-powered protocol that tracks off-blockchain assets such as gold and tokenizes them into synthetic on-chain assets.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Elsewhere
🔗 Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund: CoinDesk
Fidelity’s new Ethereum Index Fund will offer clients access to ether (ETH), the second-largest cryptocurrency by market capitalization.
🔗 The SEC’s Kardashian fine was a dumb publicity stunt: Fortune
Securities and Exchange Commission Chair Gary Gensler got what he wanted on Monday.
Trending in The Defiant
SushiSwap Elects Grey New ‘Head Chef’ After Months of Drama After months of debate and controversy, the community of SushiSwap has finally elected a new “head chef” to lead the decentralized crypto exchange.
DeFi Lender Euler Finance Accepts USDT as Collateral Skepticism about whether USDT is fully backed by reserve assets has been around since 2017. Despite this, crypto’s largest dollar-pegged stablecoin, with a $68B market capitalization, has continued to make inroads into DeFi.
What are Gas Fees? For a system to be decentralized, it must be self-funded. In other words, there is no need for outside money to make it work. Self-funding must be incentivized to be effective.
🧑💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.
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⚙️ Blockchain Data Provider for Uniswap and Other DeFi Platforms Quietly Scales Up
The Graph Notches 500 Subgraphs But Some Users Knock Performance
By Owen Fernau
INFRASTRUCTURE Data may not be the sexiest element in crypto, but it is a key piece of infrastructure. And on Oct. 3, The Graph, a leading provider of decentralized crypto data, recorded 500 subgraphs on its Graph Network.
DATA Subgraphs are application programming interfaces (APIs) that enable software programs to interact with other programs. In the case of the Graph, subgraphs pull, process, and store data from the blockchain so the information can be easily accessed.
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