Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform
Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks…
DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap
Decentralized exchange (DEX) aggregator 1inch has issued its own governance token. Users of 1inch and the Mooniswap DEX, founded by…
Polychain, Foxconn’s Jack Lee Join 8-Figure Round for ‘Open Finance’ Project Findora
Cryptocurrency venture capital firm Polychain Capital has led an eight-figure funding round for decentralized finance (DeFi) blockchain project Findora. Announced…
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Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses Over 7M
“Weak longs” might be causing the price to slip in the bitcoin market but ether locked in DeFi is back…
‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era
A team of anonymous developers is making what might be called a fork of a project that never launched. Readers…
Origin Protocol Loses $7M in Latest Flash Loan Attack
Blockchain project Origin Dollar (OUSD) said it sustained an attack that caused a loss of funds worth $7 million, including…
Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi
A bitcoin rally to new 2020 highs has been slowed by lower spot volume. Meanwhile, some ether investors are moving…
Uniswap Proposal to Airdrop More UNI Falls Short in Governance Vote
The votes were staggeringly in favor, but a quorum was not reached, and Uniswap’s second-ever governance proposal has been defeated.…
Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds
Decentralized finance (DeFi) protocol Harvest Finance has upped its bounty from $100,000 to $1 million for information leading to the…