DeFi

Radix Tokens Raises $10M Ahead of Introducing Smart Contract Capability
The funding round was led by market maker and investment firm DWF Labs and gives the firm a valuation of $400 million.

Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop
Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down.

Arbitrum's ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop
Decentralized exchange GMX becomes the largest single holder of ARB after receiving 8 million tokens.

Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop
The front ends were down amid massive interest from traders.

Ethereum Usage Will Drop If the Blockchain Doesn’t Boost Speed: Bank of America
The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank said.

Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network
Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on March 27.

IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives
The proposal seeks to make the network more secure by increasing the number of people who validate transactions on the platform.

Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security
The new version features dedicated vault contracts to protect against liquidity pool exploits, which have accounted for upward of $300 million in user losses since the start of this year.

Arbitrum Put Options Let Traders Bet on First Day Price Action
A put option that expires at $2 is selling for 76 cents on options marketplace Clober.

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein
The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.

