This Week In DeFi – July 1

To the DeFi community, This week, crypto exchange FTX is reportedly looking to acquire centralized lending platform BlockFi for a sum between $25 million and $50 million. Sources believe the deal is expected to complete by the end of this week, however BlockFi CEO Zac Prince has denied the $25 million figure and FTX has … Read more

This Week In DeFi – May 27

To the DeFi community, This week a16z has raised a mammoth $4.5 billion for its fourth crypto fund – also its largest to date. The fund will be split into $1.5 billion for seed investments and $3 billion for venture financing. Overall, the fund will focus on web3 gaming, DeFi, decentralized social media, zero-knowledge proofs, … 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

dYdX Unlocks Governance Token

DeFi derivatives platform dYdX is unlocking allocations on its DYDX governance token for users today, allowing those who received the initial airdrop to withdraw and trade their allotted tokens. The Initial Transfer Restriction period for $DYDX will be lifted tomorrow on Sep. 8, 2021 at ~15:00 UTC 🎉👀. All earned rewards can be claimed and … Read more