The week in crypto: BendDAO avoids bank run, X2Y2 removes royalty payments, hawkish FED tanks markets (Aug 29, 2022)

an Azuki NFT on sale on opensea.io

BendDAO: the bank run that wasn’t (yet)

Last week I wrote briefly about concerning news from BendDAO, a protocol that allows users to borrow ETH using their “blue chip” NFTs as collateral (think Bored Ape Yacht Club, CloneX, Azuki, etc…). In…

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Raphael Meyer

Raphael Meyer

Author, KEYS to BITCOIN: learn how Bitcoin really works https://www.amazon.com/dp/1734773324 and Twitter @RaphaTheGrey