Fei Labs raises 639K ETH in genesis event
The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin. Go to Source Powered by WPeMatico
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Finance Redefined: The slow march forward, March 24–31
DeFi keeps chugging along while everyone is focused on NFTs Go to Source Powered by WPeMatico
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, … Read more
Delta Exchange completes $5M token raise following investments from DeFi players
Investors include Aave Ventures, Kyber Network, Sino Global, CoinFund, Spartan and others. Go to Source Powered by WPeMatico
Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform’s zero-fee transactions and high-yield liquidity pools. Go to Source Powered by WPeMatico
PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Go to Source Powered by WPeMatico
Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last seven days. On March 23, Uniswap launched … Read more
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets. FATF Defines Decentralized Exchanges and Defi as a Virtual Asset Service Providers For a while … Read more
Balancer (BAL) hits an all-time high as DeFi projects trial new solutions
Protocol integrations, gas fee reimbursements and a bump in DeFi activity back Balancer’s rally to a new all-time high. Go to Source Powered by WPeMatico
Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
Hacked DeFi service Furucombo will issue “iou” tokens as part of its compensation plan to repay 22 affected users. Go to Source Powered by WPeMatico
