2 days agoDeFining news: March 18th, 2023The biggest news was obviously the sudden failure — and now bankruptcy — of Silicon Valley Bank and its subsequent FDIC takeover. Signature bank was taken over too. Circle held $3.3B in SVB and both banks were among the friendliest to crypto. While Circle-backed USDC recovered from a shocking drop…Defi2 min readDefi2 min read
5 days agoSomeone just turned $1.45 into $2 million! Here’s how.Fortune favors the bold: one bold crypto user is now sitting on a $2 million fortune by trading $1.45 million for it. Welcome to the quirks of crypto. One trader’s loss… Sadly, this fortune didn’t pop out of thin air but was rather the loss of another trader who wasn’t…Crypto3 min readCrypto3 min read
6 days agoPeopleDAO hacked for 76.5ETH in the most comically bad waySome hacking requires very complex algorithms, brute force attacks, and the ability to overcome audited blockchain security. This one required none of that. Instead, the hacker social engineered PeopleDAO thanks to their incredibly lax security and total lack of foresight. What happened Unbelievably, PeopleDAO used a Google Sheet to handle…Defi3 min readDefi3 min read
Mar 10DeFi Digest — Latest news around the crypto worldIn an unusual move for banks, Silvergate — one of the most crypto-friendly U.S. banks — has announced sudden voluntary self-liquidation, promising to return all assets back to their owners. The news sent crypto prices crashing hard, and there is a lot of talk about Silvergate’s demise being caused by…Crypto2 min readCrypto2 min read
Mar 8DAO treasury management lessonsRemember when we wrote about how the Top 10 DAOs manage their treasury and governance? Some trends are emerging from that research: One token treasury Most top DAOs only hold their own token in their treasury, sometimes accompanied with a bit of funds in stablecoins. This makes sense as they…Crypto4 min readCrypto4 min read
Mar 1DeXe January/February updateThe first two months of 2023 flew by so fast, it’s time to review what the start of the year meant for the DeXe community. DeXe itself has evolved a lot in the two years since launch, taking on more ambitious goals to match DeFi market demands. …Asset Management3 min readAsset Management3 min read
Feb 25DeFi Digest — Latest news around the crypto worldThe NFT war heats up with Blur grabbing 82% of the entire Ethereum network trading volume to knock OpenSea off its throne. OpenSea fought back by slashing its cut from NFT sales to 0. Not to be left behind, the OG AMM, Uniswap, is now allowing users to buy NFTs…Crypto2 min readCrypto2 min read
Feb 22Comparing DAO voting: on-chain vs. off-chainOne of the main advantages of DAOs is in allowing their community to make decisions for the DAO via direct voting, which some DAOs do on-chain and some off-chain. What’s the difference and why does it even matter? On-chain voting On-chain voting means that each vote is recorded on the blockchain so…Crypto4 min readCrypto4 min read
Feb 13The many things you can do with DAO treasuriesOnce you create a custom DAO with the DeXe protocol, you can use it to empower your community. And not just with the governance (via tokens and/or NFTs). If your DAO has a treasury, your community of DAO members can manage that treasury to the DAO’s benefit. How? Internal rewards …Crypto2 min readCrypto2 min read
Feb 7DeXe DAO’s Ambassador Program: Massive win for the communityIn DeFi, when you give power to the community, magic happens. This is even more true with DAOs, as DeXe DAO’s own community demonstrated. A few months ago, a community member proposed a detailed, 4-monthlong-stage Ambassador Program that other members improved upon, and voted into existence. …Crypto2 min readCrypto2 min read
