DeFi

DeFi

Crypto App Alice Raises $2M for US-Centric Terra DeFi Portal

Backed by Arrington Capital, the app will try to replicate host blockchain Terra’s South Korea successes in the U.S.

Business  ·  13 May 2021
DeFi

Huobi Group’s Investment Arm Dedicates $100M to DeFi, Mergers

Huobi Ventures will consolidate the firm's investment strategy.

News  ·  13 May 2021
DeFi

DeFi Protocol xToken Suffers $24.5M Exploit

The protocol said minting has been paused on all contracts while an investigation takes place.

News  ·  12 May 2021
DeFi

Slingshot Picks Ethereum Layer 2 Polygon for Full Launch

Trading on Ethereum will be added further down the line, said CEO Clinton Bembry. But for now, “insane transaction fees” were effectively pricing people out of DeFi.

Business  ·  12 May 2021
DeFi

DAO Raises $7M to Acquire and Fractionalize NFT Collections

JennyDAO wants to make rare non-fungibles more accessible for backers big and small.

Business  ·  12 May 2021
DeFi

Yearn.finance’s YFI Token Surges 22% to New Record as DeFi Platform Adds Collateral

Since April, collateral locked in the digital-asset investing platform has more than doubled, outpacing industry growth.

Markets  ·  11 May 2021
DeFi

Balancer V2 Goes Live, Promising Reduced Gas Fees for DeFi Traders

In a bid to reduce Ethereum fees on the platform, all pools managed by Balancer will now be administered from a single vault.

Tech  ·  11 May 2021
DeFi

DARMA Capital Bets $3M on Scalable DeFi Exchange With Settlement Finality

Nahmii, not Polygon, is where DARMA is placing its bet on layer 2 scaling solutions.

Business  ·  11 May 2021
DeFi

Brooker Group to Invest Almost $50M in DeFi, Dapp Startups

The publicly listed company said it already holds bitcoin.

Business  ·  11 May 2021
DeFi

DeFi Is Not TradFi: Why FATF’s Guidance Would Stifle Growth

FATF may have DeFi in its sights, but Aave general counsel Rebecca Rettig is keeping watch on the watchdog.

Policy & regulation  ·  11 May 2021
MakerDAO

MakerDAO on Collision Course With Banking Regulators

As MakerDAO rolls out real estate loans, banking regulators are unlikely to ignore DeFi banks, our columnist says.

Business  ·  10 May 2021
DeFi

Sienna Network Raises $11.2M to Build Out DeFi Functionality on Secret Platform

Sienna is a privacy-first and cross-chain DeFi platform.

Tech  ·  10 May 2021
DeFi

Rari Capital Plans to Refund Stolen $10.6M in Ethereum From Dev Fund

The attack exploited Rari Capital’s integration with Alpha Finance Labs’ ibETH token.

News  ·  10 May 2021
DeFi

Rari Capital Reports Exploit in ETH Pool; $15M Taken

Rari Capital announced there was an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha. This story is developing and will be updated when more is known.

News  ·  8 May 2021
DeFi

Upshot’s NFT Appraisal Protocol Nabs $7.5M From CoinFund, Framework

The peer prediction startup is trying to add some nuance to the wildly-priced world of NFT valuation.

Business  ·  6 May 2021