DeFi
Will Bitcoin Drop Again Before Bouncing Back?
Bitcoin is up slightly from its most significant pullback this year. Analyst Nick Mancini of Trade the Chain thinks it could drop a second time before recovering. Mancini joins “First Mover’ to discuss Trade the Chain’s “neutral” outlook on bitcoin and why he’s bullish on ether and DeFi.
Banking App Current Picks Polkadot for Its DeFi Debut
The banking app with 3 million users will serve as a Polkadot validator as it plans deeper crypto moves.
DeFi Platform DeversiFi Raises $5M in Bid to Scale Trading on Ethereum
DeversiFi’s platform is intended to stop small and mid-size investors from being deterred by high gas fees on Ethereum.
DeFi Dashboard Zapper Raises $15M to Create On-Platform App Store
In a star-studded funding round that included Mark Cuban and Ashton Kutcher, the DeFi service aggregator Zapper raised $15 million to develop an on-platform app store. “The Hash” panel breaks down how Zapper can make DeFi more user-friendly and attract new investors to the DeFi space.
DeFi Dashboard Zapper Raises $15M to Build On-Platform App Store
Framework Ventures led the round with Mark Cuban and Ashton Kutcher also signing checks.
bEarn Fi Loses $11M in Latest Exploit of a Binance Smart Chain DeFi Protocol
The cause of the attack is still under investigation.
Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins
The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.
Cryptocurrency Custodian Anchorage Adds Five More DeFi Tokens
In a further sign of "institutional DeFi" momentum, the regulated custodian is adding 1INCH, BNT, CRV, REN and SUSHI.
Decentralized Exchange Aggregator 1inch Network Expands to Polygon
The move will provide 1inch users access to liquidity sources on Polygon, like SushiSwap and Aave.
JPMorgan and Other Banks Plan to Issue Credit Cards to People With No Credit
A pilot program launched by JPMorgan and several major banks will issue credit cards to people with no credit scores. Instead of credit scores, the U.S. banks will share other customer data, including bank statements and other banking habits. "The Hash" panel discusses how it's connected to crypto and how traditional finance is changing in response to DeFi.
