This Week in DeFi – March 18

To the DeFi community, This week, Optimism raised $150 million in a Series B round that valued the Ethereum scaling solution at $1.65 billion. Optimism says they’ll continue improving the protocol to reduce transaction fees, including by adding additional developer talent to the team. After over a year on mainnet, our milestones keep adding up: … Read more

This Week in DeFi – March 11

To the DeFi community, This week, the Kyberswap DEX launched on Arbitrum, continuing efforts to help users avoid high fees when the Ethereum network becomes congested. Kyberswap is now available on Ethereum, Polygon, Avalanche, BSC, Fantom, and Cronos, making it one of the most widely available DEX. 🚀KyberSwap DEX Aggregator Launches Integration with L2 Scaling … Read more

This Week in DeFi – March 4

To the DeFi community, This week, Electric Capital announced $1 billion in capital split between two funds, $400 million for VC investments and $600 million for investing in crypto tokens. The crypto-centric funding will be used to bolster projects in DeFi, decentralized infrastructure, and the NFT space, while also supporting participation in DAOs and helping … Read more

This Week in DeFi – February 25

To the DeFi community, This week, Eth L2 Starknet launched its public beta and announced an integration with the Opera web browser and DiversiFi, allowing users to trade digital assets on L2 directly from their browser. In addition to the substantial savings on gas costs, the partnership will seek to bring additional DeFi functionality to … Read more

This Week in DeFi – February 18

To the DeFi community, This week, Castle Island Ventures announced a $250 million Web3 investment fund and the additon of Ria Bhutoria as general partner at the firm. The new fund will focus on blockchain-based financial services, monetary networks, and internet infrastructure that are expected to be major Web3 themes in years to come. Congrats … Read more

This Week in DeFi – February 11

To the DeFi community, This week, Ethereum scaling solution Optimism paid a $2 million bug bounty for the discovery of a bug that would have allowed users to double spend and generate an unlimited amount of tokens without backing. The exploit has been patched, and bug bounties yet again prove one of the most valuable … Read more

This Week in DeFi – February 4

To the DeFi community, This week, the team behind DeFi Pulse and Index Coop launched Kuiper, a DeFi protocol for index tracking. Kuiper allows participants to variously propose, issue assets into, rebalance and hold tokens that serve as index baskets. The protocol also prioritizes DeFi principles of being permissionless and credibly neutral, with the protocol … Read more

This Week in DeFi – January 28

To the DeFi community, This week, SuperDAO raised $10.5 million in a seed funding round, aiming to make it ‘absurdly easy’ for anyone to start and operate their own DAO. The SuperDAO framework will enable DAOs to raise funds via token sales, distribute equity to DAO members, manage a unified treasury, provide a newsfeed to … Read more

This Week in DeFi – January 21

To the DeFi community, This week, 1inch Exchange went live on Avalanche and Gnosis Chain (formerly xDai Chain) to expand DEX aggregation services to more corners of the DeFi ecosystem. At launch 1inch on Avalanche  aggregates liquidity from more than a dozen exchange protocols, and 9 from the Gnosis Chain. [email protected], one of the most … Read more

This Week in DeFi – January 14

To the DeFi community, This week, NEAR protocol raised $150 million in a round led by Three Arrows Capital. Funds will go towards developing NEAR’s regional hubs in increasing brand awareness, as well as funding various ecosystem projects. 📣 @NEARProtocol raises $150M to boost ecosystem growth! 🔥#NEAR has announced the close of a $150 million … Read more