InstaDApp DeFi Site Raises $2.4 Million From Prominent Crypto Investors
The fourth-largest dapp in DeFi, InstaDApp, is now backed by Naval Ravikant, Balaji Srinivasan, Coinbase Ventures and others.

Sequoia-Backed Startup Enters DeFi Market With Bitcoin Binary Options
Band Protocol launched its binary options dapp Monday, allowing users to make predictions on bitcoin's price swings.

Ripple's Xpring Looks to Build XRP DeFi Products With New Acquisition
Nine Logos engineers are joining Xpring to develop DeFi products based on XRP.

WATCH: Chainlink CEO Talks Data Oracles
"The ability for a developer to make all the choices the way he wants about inputs and outputs is what oracles really provide," Nazarov said at Invest: Asia.

What the Holy Land Reveals About Bitcoin
Israel's political backdrop gave attendees of Tel Aviv Blockchain Week an opportunity to ponder the duality of today's bitcoin movement.

ConsenSys Announces Codefi Project to Boost DeFi Adoption
ConsenSys is doubling down on the DeFi ecosystem with a new product suite called Codefi.

Staked Automates the Best DeFi Returns With Launch of Robo Advisor
The firm's new robo advisor, RAY, automates the process of finding high-yielding opportunities.

Coinbase to Invest $2 Million USDC in DeFi Protocols Compound and dYdX
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.

Crypto Lender Dharma Pivots to Stablecoin Savings Accounts
Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC.

Huobi Expanding DeFi Presence With MakerDao, Compound Support
Huobi is affirming it's DeFi-positive stance with the addition of the loan making vehicles MakerDao and Compound.
