Solana-based Grape protocol raises $1.2 million in seed funding
Grape Network, a Solana-based protocol that was involved in the network outage last week, has raised $1.2 million in a seed funding round.
Read Full Story
defi
Crypto custodian Cobo raises $40 million to expand DeFi-as-a-service
Cobo plans to add DeFi-as-a-service to its custody solution, letting institutions access DeFi protocols via user-friendly interfaces.
Ethereum challengers are dangling token rewards to attract big-name DeFi projects — and it’s working
Seven different challenger blockchains have rolled out rewards programs for DeFi developers. The incentive schemes have packed an immediate punch, but can the momentum be sustained?
Read Full Story
Hacker steals $12 million in wrapped bitcoin from DeFi platform pNetwork
Cross-chain DeFi protocol pNetwork suffered an attack and lost the equivalent of 277 bitcoin, worth over $12 million.
Read Full Story
Binance Smart Chain's Venus Project squashes hostile takeover attempt
Crypto platform Venus saw a governance vote pass that could have led to a hostile takeover — but the original team stepped in and stopped it.
Polychain and Three Arrows Capital lead $230 million investment in Avalanche
Proof-of-stake blockchain platform Avalanche has raised $230 million in a token sale to institutional investors.
Read Full Story
Custodial crypto lending and staking products 'take on all the indicia' of securities, Gensler tells The Block
Speaking to The Block after the hearing, Gensler indicated that crypto lending and even staking platforms were likely to fall under the scope of U.S. securities laws.
Read Full Story
Elizabeth Warren and Gary Gensler place Coinbase in oversight crosshairs
As Gensler pushes for greater SEC authority over crypto exchanges, Senator Warren has emerged as an ally.
Weekend wrap: Nyan cats, fractionalized dogs and cartoon lobsters
We just saw an exceptionally busy weekend in the crypto world. Here’s a roundup of what you may have missed.
Read Full Story
Benoit Coeure calls on central banks to 'act now' on crypto and DeFi
Benoit Coeure, a senior BIS official, has called on central banks to act fast over the rising crypto and DeFi space.
DeFi trading platform dYdX opens access to its governance token
Trading platform dYdX launched its governance token today, with some receiving thousands in the promised DYDX.
Liquid staking protocol Lido now supports Solana's SOL token
Lido, a liquid staking protocol which currently supports Ethereum 2.0 and Terra blockchains, has expanded to Solana.
Read Full Story
How the SEC's reported Uniswap Labs investigation could signal a new era of enforcement
Crypto-focused lawyers have been waiting for the dam to break on DeFi enforcement, and a reported inquiry into Uniswap Labs could be the floodgates.
Read Full Story
Parcel raises $2.5 million to build treasury management protocol for DAOs
Parcel Money has raised $2.5 million in seed funding to build a treasury management protocol for DAOs.
Avalanche-based DeFi protocol Trader Joe raises $5 million from Three Arrows Capital and others
Avalanche-based DeFi protocol Trader Joe has raised $5 million in token sale from Three Arrows Capital and other investors.
Read Full Story
Community investing DeFi project scores $20 million raise led by a16z
Syndicate, a decentralized finance (DeFi) organization focused on investing, has announced a $20 million Series A fundraise.
Cream Finance exploited in $18.8 million flash loan attack
The protocol notified the community this morning that 418,311,571 in AMP and 1,308.09 ETH was lost in the attack.
Newly formed DeFi Education Fund announced first round of grants, totaling $195,000
On August 30, the DeFi Education Fund announced the winners of its first round of grants.
a16z answers critics with fresh disclosures on DeFi delegate program
Andreessen Horowitz (a16z) has published new details on the company’s efforts to share some of its considerable sway over decentralized finance (DeFi) projects.
Read Full Story
Solana-based data oracle Pyth Network is going live
Pyth Network, a decentralized, cross-chain data oracle built on the Solana blockchain, is going live tomorrow, August 26.
Read Full Story
