DEX Aggregator 1inch Raises $2.8M From Binance Labs, Galaxy Digital and More
Launched by software engineers from Porsche and NEAR Protocol, the startup has raised $2.8 million in a funding round led by Binance Labs.
Chia Network Raises $5M to Rival New Crop of DeFi-Friendly Base Layers
Chia Network, led by BitTorrent creator Bram Cohen, just raised another $5 million in an equity round led by Slow Ventures.
Market Wrap: Bitcoin Tests $12K; DeFi Debt Outstanding Hits Record
Bitcoin’s back on the price roller coaster and DeFi borrowing is hitting a new high.
ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange
ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.
Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate
Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.
DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say
DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.
Two Reasons Crypto's Bull Market Is Coming
Capital from dying token projects and an inflationary environment provide conditions for crypto's march towards a $1 trillion market cap.
ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi
Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.
Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever
A weak bitcoin market is not stopping Ethereum-powered DeFi growth.
There’s Now an Accelerator Exclusively for DeFi Startups
The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups.
