DeFi
Hedge Fund Giants Millennium, Matrix and Point72 Standing Up DeFi Funds: Sources
DeFi is booming and institutions are edging towards it, trying to figure out how to get a slice of the alpha.
Polkadot-Based Derivatives Exchange Raises $6.4M at $50M Valuation
Su Zhu’s Three Arrows co-led the funding round for dTrade. The project looks to decentralize crypto derivatives trading.
Crypto App Alice Raises $2M for US-Centric Terra DeFi Portal
Backed by Arrington Capital, the app will try to replicate host blockchain Terra’s South Korea successes in the U.S.
Huobi Group's Investment Arm Dedicates $100M to DeFi, Mergers
Huobi Ventures will consolidate the firm's investment strategy.
DeFi Protocol xToken Suffers $24.5M Exploit
The protocol said minting has been paused on all contracts while an investigation takes place.
Slingshot Picks Ethereum Layer 2 Polygon for Full Launch
Trading on Ethereum will be added further down the line, said CEO Clinton Bembry. But for now, “insane transaction fees” were effectively pricing people out of DeFi.
DAO Raises $7M to Acquire and Fractionalize NFT Collections
JennyDAO wants to make rare non-fungibles more accessible for backers big and small.
Yearn.finance's YFI Token Surges 22% to New Record as DeFi Platform Adds Collateral
Since April, collateral locked in the digital-asset investing platform has more than doubled, outpacing industry growth.
Balancer V2 Goes Live, Promising Reduced Gas Fees for DeFi Traders
In a bid to reduce Ethereum fees on the platform, all pools managed by Balancer will now be administered from a single vault.
DARMA Capital Bets $3M on Scalable DeFi Exchange With Settlement Finality
Nahmii, not Polygon, is where DARMA is placing its bet on layer 2 scaling solutions.
