DeFi
ETH Returns Outpacing BTC, S&P 500, DeFi
CoinDesk Director of Professional Content Galen Moore shares insights into how bitcoin has performed since Black Friday when it declined by more than 8% following news of the COVID-19 strain Omicron. Why are the returns for ETH outpacing BTC, S&P 500, and DeFi?

Structure Raises $20M to Make DeFi Mainstream- and Mobile-Friendly
Polychain Capital led the seed round.

DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group
The Series B comes ahead of the launch of 1inch Pro, which will cater to institutional investors.

Ethereum in 2022: What Is Money in the Metaverse?
DeFi, NFTs, stablecoins – most of it started on Ethereum. What about next year? This post is part of CoinDesk’s Future of Money Week.

UST Stablecoin Demand, DeFi Incentives Drive Terra’s LUNA to New All-Time High
Following a network upgrade in October, it’s the second time this month LUNA has logged record highs.

Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana
The $3.5 million funding round included SoftBank and DeFiance Capital.

Elrond Leapfrogs Into DeFi’s Top 10 as Users Chase Ridiculously Large Incentive Program
What was a $1.29 billion sweetener package when announced is now worth $7.32 billion as the MEX token surges. It has dragged an afterthought chain’s TVL into the big leagues.


German VC Greenfield One Raises $160M Crypto Fund With Backing From Swisscom, Others
The VC’s third fund is its biggest yet, and most likely one of the largest crypto funds in Europe.

El Salvador Wants to Build ‘Bitcoin City’ With Major Tax Incentives
El Salvador, the only country where bitcoin is a legal tender, is going to build an entire city based on the largest cryptocurrency by market value. “Bitcoin City” will have no income, property, capital gains or payroll taxes.

