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News
Crypto Crackdown
Podcast
DeFi Explainers
Today’s Sponsors
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News
Ethereum Upgrades
Ethereum Takes Big Step Closer to Shanghai Upgrade
Devs Deploy Shadow Fork to Support Staked ETH Withdrawals
By Samuel Haig
Hitting a milestone on Ethereum’s next upgrade, the network’s devs on Monday deployed a shadow fork supporting staked ETH withdrawals.
Read the full story in The Defiant
Crypto Crackdown
SEC Charges Alleged Mango Exploiter With Market Manipulation
Agency Calls MNGO a “So-Called Governance Token” and a Security
The U.S. Securities and Exchange Commission has charged infamous degen Avraham Eisenberg with market manipulation that cost Solana protocol Mango Markets $116M.
Read the full story in The Defiant
Sponsored Post
Which platform delivered tens of millions to investors in 2022?
In the same year that everyday investors lost a whopping $350 billion, Masterworks had its best year yet – really. Their 9 art sales returned $25.8 million to investors, a record amount. Talk about a Happy New Year…
So, what did investors do with their cash? Charter a yacht in Ibiza? Finally close on that Alpaca farm? Maybe save a little? Naaah.
Either way, Masterworks wants to do the same thing for you. This fintech investing platform is unlocking an asset class that was once available only to billionaires.
To kick off the new year, Masterworks is inviting The Defiant readers to open a free, no-obligation account today. Isn’t it time you check them out?
“Net Return” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at masterworks.com/cd.
DEXs
Uniswap to Deploy on BNB Chain
UNI holders Vote to Deploy V3 of No. 1 DEX on Ethereum Rival
By Samuel Haig
Uniswap, the No. 1 decentralized exchange by trade volume, is poised to deploy for the first time on a major competitor to the Ethereum ecosystem.
Read the full story in The Defiant
DeFi Lending
Paxos Proposes To Deposit $1.5B Of USDP In MakerDAO
Deal Could Generate $70M Annually For Maker
By Owen Fernau
Paxos, a multi-pronged financial infrastructure company which issues crypto’s seventh-largest stablecoin, is looking to make a deal with DeFi’s oldest lending protocol.
Read the full story in The Defiant
Layer 1s
Canto Rallies After Variant Discloses Stake
Ethereum-compatible Layer 1 is the Fifth-Largest Blockchain on Cosmos
Investors have flocked to Canto, a nascent blockchain, this week after a prominent crypto venture fund disclosed it had taken a position in the project.
Read the full story in The Defiant
Defiant Video
Podcast Video
An Inside look into Solana After FTX’s Collapse
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DeFi Explainers
What is Unit Protocol?
A Primer on the Stablecoin Collateral Tool
Due to the inherent volatility of the crypto market, stablecoins are instrumental in transferring on-chain value and securing loans.
Unit Protocol is a decentralized finance (DeFi) protocol that mints USDP stablecoins by collateralizing them with multiple tokens. Investors then use USDP to issue stabilized loans, without having to worry if the value of the collateral will go down overnight.
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- Source: https://thedefiant.io/ethereum-steps-closer-to-shanghai/
