1inch integrates with Mercuryo, enabling fiat onramp to DeFi
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. Go to Source Powered by WPeMatico
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HaloDAO stablecoin marketplace raises $3.5M in seed investments
The investment round was led by Parataxis Capital, with additional participation from QCP Soteria, Genesis Block Ventures, Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. Go to Source Powered by WPeMatico
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated. Go to Source Powered by WPeMatico
Polygon active users grow by 75,000 as DeFi boom continues
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning dapps, up considerably over the past four weeks. Go to Source Powered by WPeMatico
DeFi growth helps push crypto’s share of the global money supply above 2%
The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. Go to Source Powered by WPeMatico
1inch Network increases liquidity sources by expanding to Polygon
Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. Go to Source Powered by WPeMatico
Balancer protocol launches version 2 of its automated market maker
Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry. Go to Source Powered by WPeMatico
GameStop saga paves the way for a new decentralized financial order
The GameStop saga may indicate a paradigm shift in the financial system or even the creation of an entirely new one. Go to Source Powered by WPeMatico
IDEX’s ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problems
DeFi’s tremendous growth hasn’t come without obstacles; the nascent industry still struggles with high costs, failed trades and front-running. Go to Source Powered by WPeMatico
We all know the issues with DeFi — but what are the answers?
High costs and transactions prioritized by gas fees often make using DeFi protocols challenging to say the least. Does it really need to be this difficult? Go to Source Powered by WPeMatico
