Ethereum Watch

Key Takeaways Solana and Serum recently hosted a hackathon for DeFi projects building on their ecosystem. Mango Markets and PsyOptions came in joint first place at the event. Sam Bankman-Fried and Anatoly Yakovenko praised the quality of projects that participated in the hackathon. Share this article The Solana and Serum ecosystem has several promising new […]

Key Takeaways The round was led by CMS Holdings, Alameda Research, and eGirl Capital. Alchemix has stormed the DeFi space by offering loans that reimburse themselves. Alchemix builds on Yearn Finance vaults and uses their yield to reimburse the loans. Share this article Newcomer to the scene, Alchemix has already raised $4.9 million from some […]

Advertisements Quick take: Trading of NFTs is booming in the crypto-verse The top 3 NFT marketplace had a combined trading volume of $342 million in February 22 NFTs sold for more than $200k in the same month NFTs are perfect for collectibles in the various global sports leagues Like all things revolutionary in crypto, Non-Fungible […]

Advertisements In brief: Tron’s founder, Justin Sun, has bid half a million USD for Jack Dorsey’s first Tweet on the Valuables NFT market Jack Dorsey listed the tweet for sale earlier today The Ethereum based Valuable NFT marketplace allows users to buy and sell tweets autographed by their original creators The founder and CEO of […]

Advertisements Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee went on to point out that an NFT is a digital certificate to a collectible Billionaire investor, Mark […]

Key Takeaways A yield farming project on BSC has been hacked for $31 million. Their website, twitter account, and telegram channel are all down, suggesting a rug pull by creators. The hackers are using DeFi avenues to move the stolen tokens. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Key Takeaways Capital gains tax and income tax apply to DeFi earnings depending on the activities and platforms in question. Liquidity pool tokens are typically subject to capital gains, while native tokens are more commonly subject to ordinary income tax. You can take out a crypto loan to pay taxes without triggering another tax event […]

Key Takeaways Indexed Finance has launched a new DeFi-focused index called DEGEN. The index features small to mid-sized DeFi projects with high growth potential, such as Thorchain and Reserve Rights. Liquidity provision launches on Uniswap. It will later move to Sushiswap. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Share this article Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), recognized that DeFi is “a rapidly growing corner of the crypto world with significant money.” She added that the SEC needs to provide “legal clarity and the freedom to experiment.” Advertisements Bitcoin, GameStop, and Now DeFi Peirce spoke at an […]

Key Takeaways Accredited investors can buy shares of the new DeFi Index Fund launched by Bitwise. The fund consists of nine DeFi tokens and will be rebalanced on a monthly basis. Investors need to invest a minimum of $25,000. Share this article Bitwise has announced the launch of a DeFi Index Fund. Institutional investors can […]