Now we are on the other side of the $COIN, and the game has changed forever. The Coinbase listing was a milestone for not just the founders, but all early believers and current enthusiasts. Now Wall Street can consume Bitcoin profits without having to look crypto in the eye, and the legitimisation of our industry continues.
FEI has failed to maintain its $1 peg, and protocol governance token TRIBE has dropped by around 30% since launch. Fei’s tokenomics imprison and punish their users for the failures of the founders, and the project is widely seen as a disaster. What does the future hold for Fei, and for algorithmic stablecoins in general?
A white hat is not white if nobody can see it. The community rugged itself. Force DAO - the smallest airdrop followed by the most unremarkable hack.
Consider a world where we don’t share moments - we trade them, where every second can be sold and every minute might make money. From moments in sports to the past performance of politicians. Where, or when, will it end?
Beeple is out and who can blame him? Maybe those who who paid millions in ETH for his artwork, or maybe those who promoted him as a figurehead for the NFT industry. Will this mark the end of the NFT craze?
Shoot yourself in the foot to log in - people will do anything for clout. Despite the hate and the public mockery, “Bitclout” rumbles on; a system of forcibly assigned social tokens valued by the number of followers each account has on Twitter. Who's behind this controversial project?
The biggest deals aren’t done in public. The real money changes hands OTC, where business is not so black and white. When Reef sent Alameda an initial transaction of $20m REEF, Alameda quickly sent them to Binance, where they were sold or maybe used as collateral. What happened next was not pretty.
Attacks can happen at any time, but the weekends are always busiest. Social tokens haven’t taken off yet, but that doesn’t mean Roll didn’t get rekt. $5.7 million gone, and still no word from the Roll team.
This time last year, DeFi TVL had just crossed $1B. Now we see $6.2B in just one protocol. The six days of the Big Data Protocol liquidity mining program are over, and capital is flowing out of this whale sized fishbowl.
Is it dead or has it just gone to bed? DODO was hacked for $2 million using a fake token attack, but the motive remains unclear. One thing’s for sure, whether hat white or black - only $2 million? Must try harder.
Willy Wonka returns with the infinite mint, creating 59,471,745.571 PAID tokens before dumping them onto the unsuspecting Oompa Loompas who were providing liquidity to the PAID/ETH pair on Uniswap.
An impressive debut for the first major exploit on BSC, as Meerkat Finance head straight to number three on our leaderboard. Will CZ and team roll back their corporate chain, or allow their users to suffer the loss? This suricate scam leaves the thieves with nowhere to hide.