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⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins

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⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins

Oct 19, 2022
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⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins

thedefiant.substack.com

Hello Defiers! Here’s what we’re covering today:

News
  • Vitalik Tweet Spurs Flurry Of Meme Coins

  • Digital Platform Sells House as an NFT on OpenSea

  • Startup Adapts Credit Default Swap Model to Unsecured Crypto Loans

  • Aave Releases Technical Details Of GHO Stablecoin

👀 Defiant Premium Story for Paid Subscribers (📜Scroll to the end!)
  • Shortage of Goerli Testnet Ether Puts the Squeeze on Devs

DeFi Research
  • Polygon’s Embrace of ZK Testnet May Usher in Vibrant Season for Crypto

Podcast
Video
  • Quick Take: Sad Milestone - More than Half of Ethereum is Being Censored

DeFi Explainers
  • What Is Cryptocurrency?

Elsewhere
  • Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408: Unchained

  • Jack Dorsey unveils decentralized social with algo choice and portable accounts: CoinTelegraph

  • A quick note on upgrading from KZG to STARKs in danksharding. Probably the right thing to do in ~3-6 years when the tech becomes more mature!: Vitalik Buterin

Trending in The Defiant
  • Lido Co-Founder’s Comments Spark Debate Over Decentralization of Ethereum

  • MakerDAO Poised to Break Up Into ‘MetaDAOs’ in Historic Shakeup

  • Governance Project Uses ‘Contests’ to Help DAOs Improve Decisionmaking


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).


Meme Coins

⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins

Nearly 200,000 Trades Were Conducted On Uniswap In the Past Day, Highest Since June 2021

By yyctrader

Vitalik Tweet Spurs Flurry Of Meme Coins

SHILL On Oct. 14, Ethereum co-founder Vitalik Buterin mused that a project called “THE Protocol” would be really easy to shill, as its supporters could say “Look, so and so mentioned THE!” when referring to pretty much anything.

👉READ THE FULL STORY IN THE DEFIANT.IO👈


NFTs

🏡 Digital Platform Sells House as an NFT on OpenSea

Sale of $175,000 House Settled with USDC Stablecoins

By Samuel Haig

Digital Platform Sells House as an NFT on OpenSea

SOLD In the latest sign that the property industry is finding NFTs a new sales tool, Roofstock, a digital real estate platform, sold a single-family home in South Carolina for $175,000 via OpenSea.

👉READ THE FULL STORY IN THE DEFIANT.IO👈


Sponsored Post

One thing J-Pow can't print? More Picassos. 

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While the media was distracted by celebrities shilling crypto and NFTs, the big money continued to pour into traditional fine art. In fact, fine art sales exceeded digital art sales by more than 26x in 2021. 

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Now, with the invest platform Masterworks, over 550,000 people are getting access to investments in multi-million dollar art, for just a fraction of the price of the entire work. And they’re realizing serious results. Masterworks’ last exit realized a net annualized return of 33.1%.*

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* Reflects annualized return on investment, net of all fees and expenses. Past performance is not indicative of future results. See important Regulation A disclosures. 


Crypto Lending

👀 Startup Adapts Credit Default Swap Model to Unsecured Crypto Loans

Carapace Raises $2.5M in Round Led by NFX

By Owen Fernau  

Startup Adapts Credit Default Swap Model to Unsecured Crypto Loans

LORE Credit default swaps are the stuff of financial lore. These complex instruments played a role in the subprime mortgage crash of 2008 and featured in the celebrated account of that cataclysm, “The Big Short.” 

👉READ THE FULL STORY IN THE DEFIANT.IO👈


Stablecoins

⚙️ Aave Releases Technical Details Of GHO Stablecoin

Audit Finds No Critical Bugs

By Tarang Khaitan

Aave Releases Technical Details Of GHO Stablecoin

AUDIT Aave Companies, the centralized entity that oversees DeFi’s leading lending protocol, has released a technical paper on Aave’s upcoming GHO stablecoin, along with the results of its first security audit.

👉READ THE FULL STORY IN THE DEFIANT.IO👈


Defiant Video

📺 Quick Take: Sad Milestone - More than Half of Ethereum is Being Censored


DeFi Research

🧐 Polygon’s Embrace of ZK Testnet May Usher in Vibrant Season for Crypto

ZKSync’s Coming Mainnet Launch Underscores Mounting Activity for the Technology

By IntoTheBlock  

Polygon’s Embrace of ZK Testnet May Usher in Vibrant Season for Crypto

On-Chain Markets Report by Gabriel Halm, IntoTheBlock

DAPPS: Polygon announced their zkEVM testnet with a bang on Oct 10th. Both Aave and Uniswap are  deploying their dApps alongside Lens protocol and the gaming studio Midnight Society. 

VOLUME Spotlighting influential DeFi protocols such as Aave and Uniswap help to convey that Polygon intends to be a serious contender in the zk-chain space. This news could also show why there was a  surge in transaction volume for Polygon’s MATIC token the same day the testnet was announced.

👉READ THE FULL STORY IN THE DEFIANT.IO👈


Shoutout

Hey Anon, Yuga Labs is coming to Benzinga’s Future of Crypto conference. Are you?

Use code DEFIANT30 to get 30% off tickets. 


DeFi Explainers

🤔 What Is Cryptocurrency?

A Step-by-Step Guide to Blockchain-based Money

By Rahul Nambiampurath

What Is Cryptocurrency?

FEATURES The 21st century arguably changed course with the advent of blockchain technology. One of its key features, of course, is cryptocurrency,  the digital money powered by blockchain’s peer-to-peer (P2P) mechanics.

👉READ THE FULL STORY IN THE DEFIANT.IO👈


Elsewhere

🔗 Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408: Unchained

Do Kwon, cofounder of Terraform Labs, discusses the charges against him, gives a message to Terra victims, answers allegations about potential fraud and non-transparent business practices, and much more.

🔗 Jack Dorsey unveils decentralized social with algo choice and portable accounts: CoinTelegraph

Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter. 

Twitter avatar for @VitalikButerin
vitalik.eth @VitalikButerin
A quick note on upgrading from KZG to STARKs in danksharding. Probably the right thing to do in ~3-6 years when the tech becomes more mature! ethresear.ch/t/arithmetic-h…
Image
Image
2:01 PM ∙ Oct 18, 2022
967Likes179Retweets

Trending in The Defiant
  • Lido Co-Founder’s Comments Spark Debate Over Decentralization of Ethereum Liquid staking giant Lido has come under fire after co-founder and chief technology officer Vasiliy Shapovalov said the hardware used to secure Ethereum should be professionally managed, infuriating an army of enthusiasts who operate such hardware at home, as well as several prominent Ethereum influencers.

  • MakerDAO Poised to Break Up Into ‘MetaDAOs’ in Historic Shakeup Is MakerDAO, the No. 1 DeFi protocol, about to be broken up? That’s what is at stake in a flurry of votes taking place this week in the collateralized debt platform.

  • Governance Project Uses ‘Contests’ to Help DAOs Improve Decisionmaking Managing DAOs may be one of the most serious issues in decentralized finance. Yet an outfit called jokedao is betting its unorthodox approach, and a dash of humor, may be just the trick. 


🧑‍💻 ✍️ 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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👀 Defiant Premium Story for Paid Subscribers

🚰 Shortage of Goerli Testnet Ether Puts the Squeeze on Devs

With Ethereum Testnets Closing After The Merge Faucets Are Running Dry

By Samuel Haig

Shortage of Goerli Testnet Ether Puts the Squeeze on Devs

SHORTAGE Developers are hoarding Goerli testnet Ether, resulting in a widespread shortage of the coin, according to data from websites that distribute tokens. 

PREMIUM As a result, developers must pay a premium to access what are intended to be freely distributed coins. Without Goerli ETH, devs cannot experiment on the test network, posing a threat to innovation on the Ethereum blockchain.

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