Solend, a Solana-based borrowing and lending platform, has raised over $26 million via an IDO (Initial DEX Offering) conducted this week.  (Source: Solend IDO page) The Solend IDO, which was modeled after... Read more »

Squid Game (SQUID), a memecoin launched after the popular Netflix TV series Squid Game, has recently pulled the rug on investors, carting away over $2.1 million.  According to data on cryptocurrency aggregator... Read more »

To the DeFi community, This week, Osmosis DEX announced a $21 million fundraise, led by Paradigm. Funds will support development of the Osmosis protocol on Cosmos, where the Osmosis DEX allows users... Read more »

To the DeFi community, This week, Polygon paid it’s maximum bug bounty, $2 million, to white hat hacker Gerhard Wagner after his revelation that up to $850 million was at risk using... Read more »

To the DeFi community, This week, Sushiswap and Celo announced a partnership to bring $12.6 million in liquidity mining rewards to Celo’s mobile-first user base, with rewards going live at 4pm ET... Read more »

To the DeFi community, This week, Fei announced V2 of the hybrid stalecoin design, bringing improved incentive alignment and other improvements learned through the initial months of the platform operating in the... Read more »

Adrian Jonklass on 06 Oct 2021 While the pace of NFT sales on the OpenSea platform shows signs of cooling off after record sales in August and an insider trading scandal in... Read more »

To the DeFi community, This week, financial connectivity provider Fireblocks submitted a proposal to Aave governance seeking to become the first ‘whitelister’ for the Aave Arc institutional DeFi offering. Similar to the... Read more »

This week, 1inch Exchange adds Arbitrum to its growing list of L2 solutions integrations and brings much needed DEX aggregation to the most recent scaling standout. 1inch will combine liquidity from Arbitrum-based... Read more »