DeFi
Decentral Park Capital Launches $75M DeFi Fund
The Web 3 fund will invest in projects, including liquid tokens, decentralized exchanges and lending protocols.

Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment
Tokens of the decentralized money market were one of the biggest losers on Tuesday, reaching prices last seen in May 2021.

Dfinity Founder on Internet Computer Opening Ethereum Bridge
Terabethia, a new cross-blockchain bridge connecting the Ethereum network with Dfinity’s Internet Computer, will allow ERC-20 tokens to exist natively on Dfinity’s network. This comes as tokens of Internet Computer (ICP) fell 97% since their issuance in May. Dfinity founder and chief scientist Dominic Williams shares insights into the bridge and its significance in the world of DeFi.

Why We’re Shutting Our Successful Fundraising Platform
Berlin-based Neufund had a viable security token business built on Ethereum. Regulatory uncertainty is forcing it to close down.

Avalanche, Polygon See Slight Gains as Crypto Markets Remain Flat
Markets saw a brief spike on Sunday.

Binance.US Is Building an Office in the Solana Metaverse
Several crypto companies are setting up shop in Portals.

Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
Opportunistic capital moves over to “yield farm” on Fantom with high returns on stablecoin deposits, analysts note.

Twitter Data Scientist Leaves for Aave as DeFi Social Media Plans Simmer
The lead data scientist for Twitter Spaces is joining Aave as the DeFi protocol ponders a social media play.

Solana DeFi Major Serum’s ‘Incentive Ecosystem Foundation’ Is Raising $100M
The protocol that undergirds much of DeFi on Solana is raising funds to expand operations, and about $70 million has been committed so far.

Avalanche-Based Wonderland Makes Seed Investment in Betting Dapp
The DAO wants to compete with venture capitalists by providing opportunities to its “frog nation” instead.
