Decentralized Social Network's DeSo Token Rallies Amid Stablecoin Plans
The project has created a wrapper for Circle’s widespread USDC stablecoin.

DeFi Platform Ribbon Finance's Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
Ribbon's Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral.

Asset Management Giant GoldenTree Discloses $5.2M Investment in SushiSwap
The credit-focused firm has been ramping up its commitment to cryptocurrency, unveiling a new investment manager and fund in recent months.

Transit Swap Exploiter Returns Large Chunk of $28.9M Hack
Security firms help locate the hacker's IP address following the $28.9 million exploit.

Crypto Venture-Capital Firm Paradigm Leads $14M Funding Round for DeFi Platform Exponential
The tool helps users assess risks in decentralized finance and compare investments.

Sushi Community Votes in 'Head Chef' to Oversee Decentralized Crypto Exchange
CEO Jared Grey plans to work out the kinks associated with Sushi’s internal structure that may have prompted departures in the past.

Student Organizations Pull Their Weight in DeFi Protocol Governance
Crypto-curious students find valuable hands-on experience and empowerment in policy elections, a typically low-participation area of the Web3 ecosystem

Uniswap Reportedly Eyeing Over $100M in Fresh Funding
Uniswap is putting together a new funding round in a bid to expand its product offerings, according to TechCrunch. "The Hash" team discusses what this means for the decentralized exchange and state of DeFi.

CFTC Charges Digitex Founder Adam Todd With Running Illegal Crypto Derivatives Trading Platform
The regulator said Todd failed to register his service as a futures trading platform with the agency.

DeFiance Capital's Arthur Cheong Is Raising Money for a New Fund: Sources
The fund will focus on liquid crypto investments and targets raising about $100 million, a person familiar with the matter said.
