🏛 SEC Probing Yuga Labs’ Issuance of NFTs and Token: Report
Hello Defiers! Here’s what we’re covering today:
News
Podcast
🎙️Wintermute's David Micley Says Institutional Investors Are Here To Stay
Video
DeFi Explainers
Elsewhere
Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction: Decrypt
Polygon zkEVM Public Testnet: The Next Chapter for Ethereum: Polygon
Trending in The Defiant
Lido Floods Layer 2s with Staked ETH After Launching Incentives Program
Ether Turns Deflationary as Experimental Project Pushes Up Gas Prices
The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
Crypto Crackdown
🏛 SEC Probing Yuga Labs’ Issuance of NFTs and Token: Report
Regulators Reportedly Examining Bored Ape Studio as Crackdown Intensifies
By Owen Fernau
INVESTIGATED Yuga Labs Inc., the NFT juggernaut behind the Bored Ape Yacht Club and other splashy collections, is being investigated by the U.S. Securities and Exchange Commission, Bloomberg News reported Tuesday.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Ethereum Staking
⚡️ France’s State Energy Giant Loves Ethereum
PoS Meets ESG as Utility Embraces Minimal Carbon Footprint
By Samuel Haig
SURPRISE In a surprising development given government skepticism toward cryptocurrencies, Electricite de France, the French state-owned energy supplier, is operating more than 150 Ethereum nodes, according to a report from The Big Whale, a web3 news outlet.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Sponsored Post
Power-up your Compound III experience with DeFi Saver
DeFi Saver is an all-in-one dashboard for creating, managing and tracking your positions with automatic liquidation protection and leverage management options for only the most trusted DeFi protocols.
Recently Compound introduced their much-anticipated version 3 of the famous protocol. DeFi Saver empowers the latest version’s experience with the most complete feature set to date.
Use DeFi Saver to manage your lending & borrowing positions in Compound with a dedicated Compound v3 dashboard with 1-tx (de)leveraging features or rely on the automated leverage management and liquidation protection to make sure you’re safe from liquidation when leveraging assets like ETH or BTC.
Simply migrate your Comp v3 position or transfer from other integrated protocols in a single transaction with the unique DeFi Saver’s Loan Shifer feature. You can also easily combine Comp v3 actions with other protocols, for example, to make use of the high interest and COMP incentives earned on the borrowing of the USDC. You can supply borrowed USDC to one of the yield farming protocols integrated in the DeFi Saver for additional interest. All this can be done in a single transaction using their Recipe Creator feature.
There is also the all *new* Notifications feature with prompt notifications about position ratio changes and executed automated transactions delivered straight to your email or Telegram.
Get the most out of your Compound v3 experience with DeFi Saver.
DAO Governance
🗳 Curve DAO Votes To Enable Permissionless Rewards
Projects Can Now Freely Add Native Token Rewards To Existing Gauges
By Owen Fernau
NEWS Curve Finance, a decentralized exchange (DEX) that is DeFi’s third-largest protocol with $6B locked in its smart contracts, has concluded a governance vote to allow any project to add token rewards to its factory-deployed gauges.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Defiant Video
📺 Quick Take: Shocking SushiSwap CEO Horse & Fraud Allegations
Podcast Video
🎙📺 Institutions Still Lining Up to Trade Crypto During the Bear
Shoutout
Anthony Hopkins The Eternal NFT Collection
Orange Comet is proud to announce its distinguished partnership with Sir Anthony Hopkins and the launch of his first NFT series, The Eternal Collection
The NFT series will feature an exclusive once-in-a-lifetime IRL event for collectors, giving them access to engage with one of Hollywood’s greatest icons.
DeFi Explainers
🤔 What Is a DAO?
A Step-by-Step Guide to the Cooperative Entities at the Heart of DeFi
QUESTIONS Since the dawn of commerce, business leaders have been coping with the problem of governance. Who has the right to run a company, and under what conditions? How much influence should shareholders have over a company’s strategic direction? Or for that matter, customers? And what role should boards of directors have in making sure companies operate in ethical and productive ways?
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Elsewhere
🔗 Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction: Decrypt
Lightning Network's experimental nature, a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions, is one of the reasons developers have warned users not to risk large amounts when sending and receiving funds.
🔗 Polygon zkEVM Public Testnet: The Next Chapter for Ethereum: Polygon
Ever since we first unveiled Polygon, we have been constantly inspired by Ethereum and its values.
Trending in The Defiant
Lido Floods Layer 2s with Staked ETH After Launching Incentives Program Lido is flooding Arbitrum and Optimism, Ethereum’s most popular scaling protocols, with its staked ETH tokens.
Ether Turns Deflationary as Experimental Project Pushes Up Gas Prices Well, that didn’t take long. Less than a month since The Merge, ETH supply has dropped by more than 2,000 digital tokens, according to ultrasound.money.
SushiSwap’s Grey Hit By Wild Allegations of Impropriety Less than a week after SushiSwap sought to end a period of turmoil with the election of Jared Grey as head chef, the decentralized exchange was engulfed in controversy yet again as a series of extraordinary allegations were leveled at its new hire.
🧑💻 ✍️ 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.
Free subscribers to the newsletter get:
Daily news briefings
Sunday Weekly recap
General chat on The Defiant’s Discord server
👑Prime defiers get:
Full transcript of exclusive podcast interviews
DeFi Alpha weekly newsletter on how to put your money to work in DeFi by yyctrader and DeFi Dad
Weekly live DeFi Alpha call with yyctrader
Inbox Dump edition of The Defiant newsletter every Saturday with all the PR that didn’t make it to our content channels
Exclusive community calls with the team
Subscriber-only chats on The Defiant Discord server
Full access to The Defiant’s content archive
Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
You can start a prime membership for free right now with this link. You’ll get full access for 7 days. It’s 100% risk-free.