Ethereum Watch

Key Takeaways Andre Cronje has spoken out about the negative aspects of crypto culture in his latest blog post. Cronje’s impression of crypto culture is likely influenced by his experience launching the Solidly exchange in February. Cronje said he now sees the “need, or even necessity” for regulation in the crypto space. Share this article […]

Key Takeaways Andre Cronje and Anton Nell are leaving the DeFi space. The pair will handing over ownership or decommissioning the websites they control, but the protocols they built will continue to run. YFI, KP3R, and FTM have dipped on the news. Share this article URL Copied Advertisements Cronje was widely regarded as the “Godfather […]

Key Takeaways Daniele Sestagalli has called for Wonderland to wind down due to divisions in the community. Sestagalli made the comments despite a community vote that has seen a majority of respondents signal that they want to save the project. The statement follows a dramatic week for the Wonderland community after the project’s treasury manager […]

Key Takeaways Vitalik Buterin said that Ethereum “has to expand” beyond DeFi at EthCC. He discussed Ethereum’s potential as a base layer for decentralized social media, pointing out that Ethereum addresses could help users claim ownership of their identity. He also warned about that complex yield farming and token-related activities could lead to financial instability […]

Key Takeaways Jack Dorsey has announced that Square will set up a company to build an open platform for decentralized finance services, focusing on Bitcoin. Many have pointed out that Dorsey’s idea bears some similarities to the leading smart contract blockchain, Ethereum. Dorsey is known for his ardent interest in Bitcoin, but he’s not as […]

Key Takeaways The Chainlink 2.0 whitepaper was released this week. It details further integration of off-chain systems into on-chain smart contracts. Sergey Nazarov believes DeFi will eventually become the cornerstone of the financial system. Share this article In a recent interview at BlockDown 2021, the co-founder of Chainlink detailed how the current macro environment is […]

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 yEarn Finance was created as a yield automation tool, but grew into a stack of different DeFi products. The protocol’s most popular product is its vaults, which automated liquidity mining and yield farming strategies. These strategies are enhancing gas efficiency and giving smaller traders a chance to take part in DeFi’s most lucrative […]