DeFi
Introducing the Decentralized Money Stack
To see the future of money, you need to look to the past, says CoinDesk’s chief content officer.

Zero Hash Founder on Expanding to DeFi and NFTs After Raising $35M
Crypto trading infrastructure provider Zero Hash is eyeing expansion into DeFi and NFTs after raising a $35 million Series C funding round led by the venture arm of Steve Cohen’s Point72. Zero Hash founder and CEO Edward Woodford discusses why he’s bullish on DeFi and NFTs, explaining how his platform works.

DeFi Money Market Compound Overpays Millions in COMP Rewards, Founder Says $80M at Risk in Possible Exploit
In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP tokens intended as liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.

DeFi Benefits From China Ban, Gamevil Increases Coinone Stake
China crypto ban to benefit DeFi space. Gamevil becomes the second-largest shareholder of Korea’s Coinone. Illicit mining operation discovered at Tehran Stock Exchange. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

3 Factors That Make Quant Trading in Crypto Unique
Blockchain technology presents new opportunities for traders with quant strategies, says the founder of IntoTheBlock.

Gelato Raises $11M as Smart Contract Automation Market Heats Up
A three-way race involving Gelato, Keep3r and Chainlink to corner the massive automation market is gaining speed.

SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.

DeFi Money Market Compound Overpays Millions in COMP Rewards in Possible Exploit; Founder Says $80M at Risk
Compound erroneously paid out millions in liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.

Pawn Your CryptoPunk: A New NFT DeFi Lending Market Blooms
Startup NFTfi is bringing collateralized lending to the fast-growing market for non-fungible tokens, providing a gateway to DeFi for retail investors.

