Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi
Bitcoin made gains Friday, both in price and what's locked in DeFi.

DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding
Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital.

First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole
Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

Market Wrap: Bitcoin Braces for $700M in Options to Expire; Record $7B Value Locked in DeFi
Bitcoin price is trending up while crypto keeps flooding into DeFi.

Forthcoming Yield Farming Project Dispenses With Governance
Everyone may be talking about governance on Ethereum, but the yet-to-launch DeFi project Liquity is taking a contrarian view: zero governance.

First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads
The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.

Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited
DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.

DeFi Aggregator Bella Protocol Announces $4M Seed Round
Beijing-based decentralized finance (DeFi) aggregator Bella Protocol announced Monday a $4 million seed round led by Arrington XRP Capital.

DeFi Is Just Like the ICO Boom and Regulators Are Circling
DeFi needs to self-regulate or, as happened with ICOs, regulators will punish irrational exuberance in the crypto markets.
