🏛 SEC Probing Yuga Labs’ Issuance of NFTs and Token: Report

Hello Defiers! Here’s what we’re covering today:

News

• SEC Probing Yuga Labs’ Issuance of NFTs and Token: Report
• France’s State Energy Giant Loves Ethereum
• Curve DAO Votes To Enable Permissionless Rewards

Podcast

🎙️Wintermute’s David Micley Says Institutional Investors Are Here To Stay

Video

• Quick Take: Shocking SushiSwap CEO Horse & Fraud Allegations

DeFi Explainers

• What Is a DAO?

Elsewhere

• Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction: Decrypt
• Polygon zkEVM Public Testnet: The Next Chapter for Ethereum: Polygon
• For your pre-devcon-flight reading pleasure: another @ethereum #AllCoreDevs update fresh off the press: Ethereum Foundation

Trending in The Defiant

• Lido Floods Layer 2s with Staked ETH After Launching Incentives Program
• Ether Turns Deflationary as Experimental Project Pushes Up Gas Prices
• SushiSwap’s Grey Hit By Wild Allegations of Impropriety

The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).

Crypto Crackdown

🏛 SEC Probing Yuga Labs’ Issuance of NFTs and Token: Report

Regulators Reportedly Examining Bored Ape Studio as Crackdown Intensifies

By Owen Fernau

INVESTIGATED Yuga Labs Inc., the NFT juggernaut behind the Bored Ape Yacht Club and other splashy collections, is being investigated by the U.S. Securities and Exchange Commission, Bloomberg News reported Tuesday.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Ethereum Staking

⚡️ France’s State Energy Giant Loves Ethereum

PoS Meets ESG as Utility Embraces Minimal Carbon Footprint

By Samuel Haig

SURPRISE In a surprising development given government skepticism toward cryptocurrencies, Electricite de France, the French state-owned energy supplier, is operating  more than 150 Ethereum nodes, according to a report from The Big Whale, a web3 news outlet.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Sponsored Post

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DAO Governance

🗳 Curve DAO Votes To Enable Permissionless Rewards

Projects Can Now Freely Add Native Token Rewards To Existing Gauges

By Owen Fernau

NEWS Curve Finance, a decentralized exchange (DEX) that is DeFi’s third-largest protocol with $6B locked in its smart contracts, has concluded a governance vote to allow any project to add token rewards to its factory-deployed gauges.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Defiant Video

📺 Quick Take: Shocking SushiSwap CEO Horse & Fraud Allegations

Podcast Video

🎙📺 Institutions Still Lining Up to Trade Crypto During the Bear

Shoutout

Anthony Hopkins The Eternal NFT Collection

Orange Comet is proud to announce its distinguished partnership with Sir Anthony Hopkins and the launch of his first NFT series, The Eternal Collection

The NFT series will feature an exclusive once-in-a-lifetime IRL event for collectors, giving them access to engage with one of Hollywood’s greatest icons.

DeFi Explainers

🤔 What Is a DAO?

A Step-by-Step Guide to the Cooperative Entities at the Heart of DeFi

By Rahul Nambiampurath

QUESTIONS Since the dawn of commerce, business leaders have been coping with the problem of governance. Who has the right to run a company, and under what conditions? How much influence should shareholders have over a company’s strategic direction? Or for that matter, customers? And what role should boards of directors have in making sure companies operate in ethical and productive ways? 

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Elsewhere

🔗 Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction: Decrypt

Lightning Network‘s experimental nature, a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions, is one of the reasons developers have warned users not to risk large amounts when sending and receiving funds.

🔗 Polygon zkEVM Public Testnet: The Next Chapter for Ethereum: Polygon

Ever since we first unveiled Polygon, we have been constantly inspired by Ethereum and its values.

For your pre-devcon-flight reading pleasure: another @ethereum #AllCoreDevs update fresh off the press 🐼

It mostly focuses on what's happening now that The Merge is done 🏝️, the KZG Ceremony 🔮 and the future of Ethereum testnets 🌅

Enjoy!https://t.co/2Zet4RCNrx

— timbeiko.eth (@TimBeiko) October 8, 2022

Trending in The Defiant

• Lido Floods Layer 2s with Staked ETH After Launching Incentives Program Lido is flooding Arbitrum and Optimism, Ethereum’s most popular scaling protocols, with its staked ETH tokens.
• Ether Turns Deflationary as Experimental Project Pushes Up Gas Prices Well, that didn’t take long. Less than a month since The Merge, ETH supply has dropped by more than 2,000 digital tokens, according to ultrasound.money. 
• SushiSwap’s Grey Hit By Wild Allegations of Impropriety Less than a week after SushiSwap sought to end a period of turmoil with the election of Jared Grey as head chef, the decentralized exchange was engulfed in controversy yet again as a series of extraordinary allegations were leveled at its new hire.

🧑‍💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.

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