DeFi
Fixed Income DeFi Platform Term Finance Readies for Business
Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others.
Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
The regulated DeFi asset manager was launched with a $5 million investment from the Web3 incubator.
Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.
Arbitrum-Based FactorDAO Releases Staking Service, Developers Address Crypto Twitter Rumors
FCTR tokens fell to as low as 44 cents in the initial hours after a Camelot DEX sale and have since seen high volatility.
Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement
Coinbase said last week it is launching Base, another layer two network built using Optimism technology.
Duo Involved in Platypus Crypto Exploit Arrested by French Police
Two people alleged to be behind an attack on the decentralized finance (DeFi) protocol Platypus have been arrested, according to a tweet by France's police department. The flash loan exploit drained the protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg. "The Hash" panel shares their insights as French police aren’t naming the suspects or announcing the charges at this time.
Hype Around Bitcoin Ordinals, DeFi Drives Crypto Funds to Stacks Network
Prominent crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin. Demand for Stack’s STX tokens has increased since the arrival of the Ordinals protocol, which went live on Jan. 21 and allows users to inscribe references to digital art into small transactions on the Bitcoin blockchain. "The Hash" panel discusses what this means for the future of Bitcoin and the state of DeFi.
Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks
The price of Stacks’ native STX token has doubled in two weeks on the back of strong growth for Bitcoin-based non-fungible tokens.
Shiba Inu Investor Transfers Tokens to Exchanges, Possibly Foreshadowing Price Drop
Wallet 0xd6 moved more than 182 billion shiba inu tokens to crypto exchanges Gemini and Crypto.com during Asian morning hours on Monday.
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges.
