Aave DAO Just Approved GHO Stablecoin
AAVE, one of the largest DeFi lending platforms, just passed a highly anticipated proposal to create a stablecoin called $GHO. $GHO will be a fully decentralized, overcollateralized stablecoin, similar to $DAI. It has the following features: Decentralized (via the DAO) Overcollateralized by assets supplied by depositors, which continues to earn yield Assets are backed by […]
Here’s Why Axie Infinity’s CEO Transferred $3M From The Project To Binance
A recent report by Bloomberg revealed that Trung Ngyuen, the CEO of Axie Infinity, moved $3M in their native token, $AXS – right before freezing transactions. As the leading play to earn (P2E) game, Axie Infinity was one of the most successful crypto projects ever. As it’s player base grew, Sky Mavis, the company behind […]
HK-Based Babel Finance Lost Over $280M Of Customer Funds
Babel Finance, a Hong-Kong based commercial crypto financial institution, has suffered massive losses in proprietary trading. According to The Block, the firm suffered heavy losses, losing 8,000 $BTC and 56,000 $ETH, as reported in a propsal deck. The Asian company is now seeking to convert millions in debt into equity, and raise more funds via […]
MetaJam Summit: Using Data And Analytical Tools To Identify Opportunities And Threats In Crypto
On the topic of data analytics tools in identifying opportunities and threats in crypto during Metajam, a few stark platforms come to mind, namely DeFiLlama for DeFi-related resources, Dune Analytics for OpenSea data and maybe Ape Board for your portfolio tracking. We had the opportunity to invite Alex Svanevik, CEO, Nansen, Nicholas Chen, CEO, SolanaFM […]
Crypto Exchange Zipmex Files For Bankruptcy Protection In S’pore
Zipmex, a cryptocurrency exchange based in Thailand, halted withdrawals earlier this month. On Wednesday, July 27, they announced that Morgan Lewis Stamford LLC, their solicitors in Singapore, filed five applications. These were under S.64 of Singapore’s insolvency, Restructuring and Dissolution Act. Also Read: Nobody Is Too Big To Fail; The Fall Of Celsius And 3 […]
MetaJam Asia: Why Web3 Gaming Is The Future
MetaJam Summit happened from the 26th to the 28th of July 2022. It is a phygital summit that will showcase a line-up of keynote speeches, debates, and sharing workshops hosted by leading personnel and speakers from the region’s Web3.0 space. In this panel we had: Felix Sim, Salad Ventures Samson Oh, D.G. Ventures Ferris Frederick, […]
MetaJam Asia: Why Venture Funds Are Rushing Into The World Of Crypto
The MetaJam Web3 Summit is happening from the 26th to the 28th of July 2022. It is a phygital summit that will showcase a line-up of keynote speeches, debates, and sharing workshops hosted by leading personnel and speakers from the region’s Web3.0 space. On the topic of why venture funds are rushing into the world of […]
MetaJam Asia: What’s Stopping People From Entering DeFi?
The MetaJam Web3 Summit is happening from the 26th to the 28th of July 2022. It is a physical summit that showcases keynote speeches, debates and sharing workshops as iconic speakers and industry leaders share their insights into current web3 topics and the future of the space. On the topic of what’s stopping people from entering […]
MetaJam Summit: Will the Next 10 Million Users Come From GameFi?
On the topic of where the following 10 million users will come from, a narrative everyone is talking about is the GameFi Sector. Why? Gaming is a multi-billion dollar industry. If executed correctly, the transition of users onboarding into blockchain-based games (GameFi) might see even a more considerable inflow of users than we could ever […]
Introducing Aptos – The Layer 1 For Crypto Mass Adoption
Aptos – A Layer 1 by former Meta Developers Focusing On Crypto Mass Adoption
It’s Time To Zoom Out – The Bull Thesis For Web3
Key Takeaways Decentralized Finance is Barely Scratching The Surface Of What It Could Be Web3 Allows the Sovereign Individual To Flourished, Unshackled By Boundaries New Users Will Always Come, Be It For The Money or Technology _____________________________________________________________________________________________________ [This article was requested by internal members of the ChainDebrief team after they claimed I was the most […]
MetaJam Asia: Navigating The Risks Associated With NFTs
MetaJam Summit is happening from the 26th to the 28th of July 2022. It is a phygital summit that will showcase a line-up of keynote speeches, debates, and sharing workshops hosted by leading personnel and speakers from the region’s Web3.0 space. On the topic of navigating the risks associated with NFTs, we have two distinguished speakers […]
