DeFi
Aave’s Decentralized Social Media Platform Arrives on Polygon
DeFi lender Aave’s long-teased decentralized social media platform, Lens Protocol, is going live on the Polygon blockchain mainnet. Weeks ago, Aave founder Stani Kulechov was temporarily suspended from Twitter for proclaiming himself “interim CEO of Twitter.” “The Hash” team discusses the timing and the possible outcomes.
Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers
Robinhood plans to roll out a new standalone, self-custodial crypto wallet focused on DeFi by the end of 2022. The "Web 3 crypto wallet" will cater to more "advanced" crypto users, living separately from the trading firm's existing wallet. "The Hash" squad discusses the industry implications for Robinhood's latest move in the midst of market downturn.
DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend
Value locked on decentralized finance (DeFi) protocols set 2022 lows this weekend amid a broader sell-off in global markets and waning interest in risk-on assets. Maxim Galash, CEO of DeFi yields platform Coinchange, discusses DeFi exploits, UST concerns, strategies for navigating the risks of open finance and more.
ClayStack CEO on Proof of Stake, DeFi Yields, Ethereum Merge
ClayStack CEO Mohak Agarwal discusses his company’s findings after compiling insights from 999 proof-of-stake crypto users. Agarwal explains the technical differences between proof-of-work and proof-of-stake, the financial benefits of DeFi yields, and Ethereum’s highly anticipated merge to PoS.
Terra to Provide UST Liquidity on Polygon-Based SynFutures
Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity. “The Hash” group discusses the Luna Foundation Guard’s (LFG) bitcoin acquisitions to back the digital asset and Terra’s efforts to build cultural bridges with external ecosystems like Avalanche.
Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns
Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of new mining technology, his investment strategy in decentralized finance (DeFi) and the crypto mining landscape in other countries like Venezuela. Plus, a conversation on the environmental concerns of proof-of-work mining.
From TradFi to DeFi: Jane Street Takes Out $25M USDC Loan
Wall Street trading firm Jane Street made its first stride into decentralized finance (DeFi) by taking out a $25 million loan in USDC from BlockTower Capital via the marketplace Clearpool. “The Hash” group discusses the early stages of Wall Street’s embracement of DeFi, touching on yields and regulatory concerns as institutional players enter the space.
How the SEC Plans to Ramp Up its Anti-Crypto Scam Efforts
The U.S. Securities and Exchange Commission (SEC) is hiring 20 new enforcement staff for a unit that protects investors from crypto scams, focusing on NFTs, decentralized finance (DeFi) and coin offerings. “The Hash” group discusses how added personnel could diversify perspective within the SEC and the downfalls of “regulation by enforcement.”
