DeFi

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.

Pantera, Arrington Back $5.8M Round for Unbound's Cross-Chain DeFi Stablecoin
The project's UND token interacts with AMMs like Uniswap and PancakeSwap.

Will a Digital Dollar Solve the Crypto Ransomware Problem?
Responding to recent high-profile ransomware attacks on major food and oil companies, U.S. lawmakers are amping up their criticism of bitcoin and cryptocurrencies. Dave Jevans of CipherTrace, which tracks crypto crime and anti-money laundering trends, discusses the potential solutions to cyberattacks and whether having a digital dollar is one of them.

Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’
Oxygen will enter its beta stage in the next two to three months, co-founder Alex Grebnev said.

DeFi's Curve Eyes More Tokens With White Paper for Version 2
The stablecoin DEX looks to challenge Uniswap with a new model for adding volatile tokens.

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals
Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain
Solana Labs has raised $314 million from top crypto venture firms, including Andreessen Horowitz and Polychain Capital. One of the most significant token sales in recent memory, it supercharges plans to build an expansive decentralized finance (DeFi) ecosystem on the Solana blockchain. Is Solana becoming a leading contender as the “ethereum killer?”

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain
It's one of the largest token sales in recent memory.

