Finance Redefined: DeFi gets its first merger after a devastating hack, Nov. 18–25

Pickle Finance got hacked so badly on Saturday that its developers asked to be merged into Yearn. Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. On Saturday, we saw one of the most complex smart contract hacks yet affecting Pickle Finance, a yield optimization protocol very similar to Yearn — an […]

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The next big crypto market could be fantasy sports, says Messari

Desperate for viewership dollars, traditional sporting leagues may soon turn to fantasy sports to boost fan engagement. As “digitally native” ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.  In a newly published report, researcher Mason Nystrom argues that fantasy […]

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Bayern Munich joins the blockchain-based fantasy soccer trend

The Ethereum blockchain-based fantasy soccer game Sorare has signed on its latest top European club. German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such […]

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