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Daily Defi News from Across the Web

Daily Defi News from Across the Web

BadgerDAO and Compound Set Examples for Community Powered DeFi

DeFi Update | Week #9, 2021 | by Ilya Abugov The DeFi sector keeps pushing forward, but now without a fair share of hurdles. The substantial amount of capital locked in the... Read more »

DeFi and Staking Insurance Startup Unslashed Raises $2M

Crypto insurance startup Unslashed Finance has raised a $2 million seed funding round, the company announced Thursday, including investment from Lemniscap, P2P Capital, Bitscale Capital and ChainLayer.  Crypto asset insurance of one... Read more »

DeFi Project Meerkat Raises Eyebrows With Claimed $31M Hack a Day After Launch

Decentralized finance project Meerkat Finance has claimed it was drained of $31 million in crypto assets just one day after launching on the Binance Smart Chain. The Meerkat Finance team announced via... Read more »
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$5.5 million in Sales for Aavegotchi in 24 hours

Aavegotchi start strong on Polygon blockchain The first days of the digital collectible DeFi game Aavegotchi have been quite a success with $5.5 million in sales and more than 4 thousand active... Read more »
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Mapping Ethereum’s DeFi eco-system projects on Polkadot

Polkadot’s upcoming parachains to be tested on the Kusama Network Ahead of its long-awaited parachains launch, Polkadot published a comprehensive roadmap where it revealed that all upcoming parachains will be tested and... Read more »
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Polkadot (DOT) in the Dangerous Zone: Risk of Falling to $23

The volatility and a probable change in the balance of power. These opinions are suggested by the previous two trading weeks on the Polkadot (DOT) market. The unlimited growth trend initiated by... Read more »
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SushiSwap, Fleeing Ethereum Fees, Is Now Live on Binance Smart Chain, Fantom, Others

Decentralized exchange (DEX) SushiSwap is now live on Binance Smart Chain (BSC), Fantom, Polygon, xDai Chain and Moonbeam Network, according to the project’s CTO Joseph Delong, in one of the knockoff project’s... Read more »
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DeFi Index Fund Is Bitwise’s Fastest Grower, With $32.5M in 2 Weeks: Hougan

Bitwise’s recently launched decentralized finance (DeFi) index fund has brought in $32.5 million in sales from 262 investors, according to a filing with the U.S. Securities and Exchange Commission published Wednesday. Just... Read more »
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Wall Street Veteran Jim Bianco Says DeFi is ‘Recreating’ the Financial System

Decentralized finance (DeFi) is “recreating the entire financial system,” according to Jim Bianco, president of Bianco Research and Bloomberg columnist. During a video interview with Fox News on Tuesday, Bianco said, “DeFi... Read more »
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Insurance Giant Aon Is Testing the Waters of DeFi

Insurance broker Aon is dipping a toe into decentralized finance (DeFi). Announced Wednesday, the world’s second-largest insurance intermediary has embarked on a pilot with Nayms, an insurtech platform that allows cryptocurrency holders... Read more »

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