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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Bitcoin Back Above $46K on Low Daily Volume as Altcoins Outperform

Bitcoin has clawed back lost ground from Thursday’s 2.4% sell that saw the crypto reach a low of around $43,800. The world’s largest cryptocurrency by market value was up 1.5% over a... Read more »

Leading Latin American Venture Firm Kaszek Makes First DeFi Investment

Leading Latin American Venture Firm Kaszek Makes First DeFi Investment Source link Read more »

Poly Heist Shows DeFi Needs Hackers to Become Unhackable

The likely perpetrator of one the largest crypto heists did it for “fun.” On Tuesday, an anonymous hacker or group stole some $600 million worth of crypto from Poly Network, apparently to... Read more »
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DAOs, VCs Put $6M Behind Governance Startup Tally

Tally, a platform that builds governance infrastructure for decentralized autonomous organizations (DAOs), announced Thursday it raised $6 million in a funding round led by Blockchain Capital and Placeholder. But the round wasn’t... Read more »
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Dune Analytics, Home of DIY Data Dashboards, Raises $8M in USV-Led Series A

Dune Analytics raised $8 million to fund its do-it-yourself dashboard for tracking everything from million-dollar CryptoPunk trades to the piddling daily volume of projects like Boring Bananas. The three-year-old project’s Series A... Read more »
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Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit

DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million, according... Read more »
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EURt Helps ParaSwap Double User Count

ParaSwap help Forex get closer to decentralization ParaSwap, a cross-chain decentralized exchange boasting a slick UX and pricing structure, has seen a significant increase in active wallets and transactions in the last... Read more »
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Active Wallets Shoot Up 695%

What can Wrapped Bitcoin (wBTC) do for a protocol? tzBTC has brought the liquidity and brand power of Bitcoin (BTC) into the Tezos dapp ecosystem and effectively enabled BTC-backed use cases on... Read more »
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Solana’s Mango Markets DEX Raises $70M in MNGO Token Sale

Mango Markets, a decentralized exchange (DEX) on the high-speed Solana blockchain, raised $70 million in a token sale Wednesday. At its height, investors had plowed over $500 million in USDC into the... Read more »
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DeFi Protocol PolyNetwork Suffers Major Attack, Over $600 Million Worth of Crypto Stolen

In what could be termed the biggest hack in the DeFi space, cross-chain interoperability DeFi protocol, PolyNetwork, has just suffered an attack, losing over $600 million worth of digital assets. In a... Read more »

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