DeFi
DeFi Projects Continue Flocking to Layer 2 Solution Polygon
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.
Human Protocol Expands hCaptcha Tool, Launches Wallet to Make AI Smarter
“Proof-of-HUMANity” could also thwart front-running DeFi bots.
Lending Startup Parallel Finance Raises $2M to Bring More DeFi to Polkadot, Kusama
Pantera and Polychain are backing the project.
Colombian Government Implementing New Anti-Money Laundering Laws With Local Crypto Exchanges
Colombia is ready to embrace DeFi as an opportunity for its people. This does not mean the country is going against financial institutions. Colombia’s Presidential Adviser Jehudi Castro Sierra says, “they need to reinvent themselves, or someone will do it for them.”
Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears
Positive news from El Salvador couldn't completely overcome negative news out of China.
Yearn’s Cronje Backs $10M Funding Round for DeFi’s Instadapp
The India-based startup will use the funding to continue developing a “middleware” layer for the DeFi ecosystem.
Domino Effect of El Salvador’s Currency Law
Edan Yago, the co-founder of decentralized finance (DeFi) protocol Sovryn with business interests in Latin America, explores the domino effect of El Salvador's bitcoin adoption on other countries. Plus, reaction to U.S. lawmakers' concerns of bitcoin's volatility.
DeFi Network Karura Raises $100M Ahead of Kusama's Parachain Auction
The money came from a "crowd loan" and included more than 8,500 contributors.
Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
