DeFi
Maple Finance Launches Permissioned Institutional Lending Pool With BlockTower, Genesis
The KYC-AML compliant pool is BlockTower’s first effort at addressing a multi-trillion dollar opportunity.

Sequoia Jumps Into Token Plays With Investment in DeFi Project Parallel
June filings show the VC giant has a relationship with Coinbase Custody.

DeFi Lender bZx Suffers Hack for Reported $55M
bZx tweeted that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was breached.

Value Locked in DeFi Surges. So Do the Exploits
The growth of DeFi is a net positive, but it does draw the interest of hackers and exploiters.

How Yield Farming on Curve Is Quietly Conquering DeFi
Where does Curve’s yield come from and how is it 100 times higher than many rates offered in traditional markets?

Stellar Validators Vote In AMM Integration That Could Boost Liquidity
In addition to an order book-based token router, the protocol now boasts a parallel automated market maker.

Biden Administration: Stablecoins Should Be Regulated Like Banks
The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.

Crypto Investment Firm Sanctor Capital Raises $20M for First Fund
Veterans of Crypto Briefing started Sanctor earlier this year with a focus on GameFi.

Squid Game Token Crashes; Developers Say They’ve Left the Project
The play-to-earn token inspired by the hit Netflix show has plunged to nearly zero after a dizzying rise.

GSR Turns Up DeFi Activity in Strategic Shift
“We just see DeFi overtaking centralized exchanges as a preferred liquidity venue,” Jake Dwyer said.

