DeFi

Near-Based DeFi Protocol Bastion to Launch BSTN Token at a $180M Valuation
Bastion, the largest DeFi protocol on the Near blockchain, will be allocating 5 billion BSTN tokens, with trading set to begin just before midnight UTC on Thursday.

Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps
BTC was roughly flat over the past 24 hours, compared with a 24% rally in APE.

MakerDAO Moves Toward Multi-Chain With StarkNet Bridge
Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future. “The Hash” group discusses the significant impact MakerDAO has had in the DeFi space and security concerns that might arise as projects like Maker undergo fast-paced development.

Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain
Rebuilding Maker on StarkNet involves four phases, starting with a simple bridge that goes live on April 28.

DeFi Developer Andre Cronje Teases New Regulation-Focused Crypto Projects
The mercurial “Godfather of DeFi” is now pivoting to compliant crypto after abruptly quitting decentralized finance in early March.

Framework Ventures Launches $400M Fund to Back Web 3 Gaming, DeFi
The crypto investment firm now has $1.4 billion in assets under management.

Pantera Joins $3.7M Round for Solana Lending Protocol Hedge
Race Capital led the round for the interest-free lending protocol ahead of its public launch.

Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Yield Farming
Delta One offers users an automated, low-risk way to earn yield.

Attacker Drains $182M From Beanstalk Stablecoin Protocol
Ethereum-based stablecoin protocol Beanstalk Farms was exploited for $182 million in a flash-loan attack over the weekend, making this the second nine-figure decentralized finance (DeFi) attack in a month.

