DeFi
DeFi Conglomerate Equilibrium Raises $8.5M to Win a Place on Polkadot
Phase one for the project reached its 250,000 DOT token hard cap. Phase two is looking to net the remaining 750,000 DOT required to land a parachain.
Berkshire Hathaway's Charlie Munger Calls Bitcoin 'Disgusting'
Charlie Munger has not been shy about his dislike of crypto. Still, at the Berkshire Hathaway annual shareholders meeting, the 97-year old attacked bitcoin, calling it "disgusting" and "contrary to the interests of human civilization." "The Hash" panel breaks down Munger's comments and what they say about the relevance of investment giants in the DeFi age. Plus, a comparison of the performance of bitcoin vs. Berkshire Hathaway.
‘AWS for Blockchains’ Alchemy Raises $80M In Latest Funding Round
Alchemy, a platform powering decentralized finance (DeFi) projects including top NFT marketplaces, has closed an $80 million funding round. Alchemy’s value is now over $500 million. CEO Nikil Viswanathan joins “First Mover” to discuss Alchemy’s services, its plans for the future, and whether it plans to go public.
DeFi Oracle Umbrella Network Migrates to Binance Smart Chain From Ethereum
"BSC integration will reduce transaction costs by up to 90+ percent vs Ethereum," Umbrella Network said.
Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap
Ether's milestone comes with surging trader interest in the leading smart-contracts blockchain.
Binance Smart Chain's Spartan Protocol Loses $30M+ in Exploit
The attack happened just a few days after another DeFi protocol was attacked on Binance Smart Chain.
Decentralized Finance (DeFi) Is Now a $100B Sector
Decentralized Finance (DeFi) is booming. According to a report from CoinGecko, the industry has reached a $100 billion capitalization and over one million users. “The Hash” breaks down DeFi’s enormous growth over the past year and explains how DeFi’s most popular product, crypto-backed fiat loans, works.
Ether Could Hit $10K, FundStrat Says, Touting Network Value Versus Bitcoin's
"The crypto narrative is shifting from bitcoin to ethereum," wrote FundStrat, which placed a $10K price target on ETH for this year.
Can Bug Bounties Help DeFi Projects Avoid Security Breaches?
Several DeFi projects, including C.R.E.A.M. Finance, have battled security breaches and exploits, raising questions about whether DeFi is mature enough to go mainstream. C.R.E.A.M.'s co-founder Leo Cheng joins "First Mover" to discuss how his sector seeks to improve security, including the launch of a $1.5 million bug bounty program.
Team Behind Argo Blockchain Launches London-Listed DeFi Fund
Dispersion Holdings lists on Aquis Stock Exchange Growth Market using an auspicious ticker symbol: DEFI.
