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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’

“Bitcoin is the most talked about cryptocurrency but Ethereum [the blockchain] has more features, including being more flexible” in its hosting of decentralized finance (DeFi) than the Bitcoin blockchain, according to Bank... Read more »

Tally Raises $1.5M to Boost On-Chain Governance in Compound’s DeFi Ecosystem

A startup focused on good governance in the decentralized finance (DeFi) space has raised $1.5 million. The investment in Tally was joined by Notation Capital, Castle Island Ventures, 1kx, Lemniscap and others.... Read more »

Maple Finance Raises $1.4M for Its Reputation-Based DeFi Lending Platform

Reputation-based lending is coming to decentralized finance (DeFi) next month with the release of Maple Finance’s “Pool Delegates” lending suite. The Australian-based startup is set to debut its first undercollateralized lending market... Read more »
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Volmex Finance Secures Funding

Volmex Finance is a protocol for volatility indices and non-custodial trading. As of today, they have just announced the close of their first round of financing. Well-known DeFi funds like Three Arrows... Read more »
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Overlay Raises Strategic Round of Funding

Overlay – the protocol for the long/short trading of streaming data – has just revealed the stakeholders behind their $2.215M strategic round of fundraising. 1/ We’re excited to finally come out of... Read more »
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New DeFi Product Simplifies Leveraged ETH Bets- CoinDesk

The first thing to understand about leveraged investing is this: It loses money faster. It also makes money faster. That’s the second thing to understand.  A new decentralized finance (DeFi) product should... Read more »
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Jesus Rodriquez: When DeFi Becomes Intelligent

Decentralized finance (DeFi) has been capturing the minds and hearts of the crypto community in the last few months. DeFi offers a new and transparent playground to automate financial primitives such as... Read more »
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Syndicate, an ‘AngelList for DeFi,’ Raises $1M Seed Round Led by IDEO CoLab Ventures

Decentralized investing protocol Syndicate has raised $1 million in a seed round led by IDEO CoLab Ventures to decentralize crypto investing from the ground up, according to a blog post shared with... Read more »
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Anchor Launch Puts UST in the Stablecoin Race Against DAI

An upstart stablecoin issuer out of South Korea is making a run at MakerDAO’s DAI, the fourth-largest cryptocurrency in this category. Terraform Labs just launched Anchor, a long-awaited protocol for lending and... Read more »
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Gnosis Introduces SafeSnap

Gnosis has launched the first-ever decentralized governance tool suite integrated into the Gnosis Safe aptly named SafeSnap. Since the Gnosis multi-sig wallet has become the preferred way for many DeFi projects to... Read more »

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