DeFi Lending Protocol Alchemix Raises $4.9M in Round Led by CMS, Alameda
Alchemix said it sold the investors the protocol's native ALCX tokens at $700 per token.
Anchor Begins Countdown to Launch of Bank-Beating DeFi Savings Account
Anchor was originally slated for an October launch, but the team pushed that back to late November. With the countdown showing on its website, this could really be it.
SushiSwap's SUSHI Seen at $100 Value, Up Fivefold From Current Level
SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.
Alameda Research Pumps $20M Into Cross-Chain DeFi Platform Reef Finance
Sam Bankman-Fried's investment shop has bought $20 million in REEF tokens, with an eye to purchasing more.
Binance CEO: 'From My Perspective, We're Still in the Dip'
Binance CEO Changpeng "CZ" Zhao joins "First Mover" to discuss the latest Binance news. Why the push into DeFi with the "smart chain" exchange? Plus, CZ shares his insights on current market trends including the NFT boom, the rising price of BTC, Coinbase's valuation and whether he plans to take Binance public.
OpenZeppelin's 'Defender' Gives DeFi Teams a Weapon Against Flash Loan Attacks
Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.
Zaki Manian's Sommelier Finance Raises $3.5M to Help DeFi Investors Avoid Impermanent Loss
A cross-chain balm to help DeFi minnows swim with the whales.
BlockTower Capital Launches $25M Fund to Invest in DeFi Projects
The fund will facilitate investment in a wider range of longer term, more illiquid assets, Axios reported March 4.
Bitwise Launches DeFi Index Fund
Asset manager Bitwise has recently launched a DeFi index fund, which has pulled in over $30 million in sales over the past two weeks. Matt Hougan, Bitwise's chief investment officer, explains the use case for DeFi and how the average retail investor can understand decentralized finance.
DODO DEX Drained of $3.8M in DeFi Exploit
The decentralized finance platform said it expects $1.88 million of the stolen funds to be returned.
