L2 Protocols

Is Optimism a Good Investment? Probably Not Right Now

Optimism's aggressive token issuance schedule makes it a tough investment, as it is expected to 10x its supply soon.

Hacker: OpenSea is Adding Solana NFTs and Phantom Wallet Support

🤑 We All Get a Rug Pull!

The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.

SundaeSwap DEX: Our Launch Could Crash the Cardano Network

Weekly Newsletter

🔥 Everything is on Fire

Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.

DeFi

Burns So Good: MATIC is Deflationary

Polygon (MATIC) is introducing their version of the Ethereum Hardfork (EIP-1559), which makes pricing more predictable and causes MATIC to become deflationary by burning tokens.

Weekly Newsletter

🍿 We're gonna need more Matt Damon

This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?

Arbitrum

Binance Announces Support for Ethereum Layer 2 Protocol Arbitrum One

Binance just announced support for Ethereum Layer 2 protocol Arbitrum One, allowing users to with draw directly to the L2 protocol, avoiding Ethereum gas fees entirely.