Algorand Foundation Launches $300M DeFi Innovation Fund
The Viridis DeFi Fund will support development of DeFi applications such as exchanges, money markets and NFT platforms.

UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Beginning next week, the U.K.’s Post Office will offer users the ability to purchase crypto through its identity-verification service, EasyID, using a voucher system from Swarm Markets. Some suggest the integration may expose more people to decentralized finance (DeFi) through Swarm’s yield farming offering.

Algorand Foundation Launches $300M DeFi Innovation Fund
The Algorand Foundation has launched a 150 million ALGO (US$300 million) fund to support innovation in decentralized finance (DeFi) applications such as exchanges, money markets and NFT platforms on the Algorand network. “The Hash” squad discusses the details and implications for the larger DeFi landscape.

Crypto Can Do Better Than ETFs
The founder of WallStreetBets says crypto-native tools like on-chain asset management and smart contracts are the next step for financial products.

BIS Signals Central Banks to Start Work on CBDCs
The head of the BIS Innovation Hub says central banks must retain the ability to uphold financial stability.

DEX Aggregator ParaSwap Deploys on Avalanche
It’s already on Ethereum, Polygon and Binance Smart Chain. Now ParaSwap is expanding to Avalanche – with incentivized products in the works.

Fractionalized NFTs Get Funding Boost as SZNS Raises $4M From Framework, Dragonfly
As PleasrDAO and Paperclip grab headlines, a new service is aiming to popularize DAO-governed NFT collecting and investing.

Harmony Has $300M for Projects Looking to Expand Beyond Ethereum
The blockchain’s Harmony Foundation is offering a boatload of ONE tokens to attract top projects.

Solana-Based Game Raises $4.1M to Teach You How to DeFi
DeFi Land is a farm simulator teaching the basics of decentralized finance. Can it be a game-changer for new crypto users?

MetaMask Hit 10M Monthly User Mark in July With Asia Leading Growth
The firm said the launch of its mobile version last September has boosted its business.
