Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi
The mainnet will host a “decentralized SWIFT” and look to connect DeFi pools without sacrificing composability.

CoinMarketCap, Animoca Join Huobi's Public Blockchain as Validators
HECO is Huobi's answer to Binance's Smart Chain, having launched three months after BSC went live in September 2020.

Axie Profiting From Booming NFT Economy as Bitcoin Struggles
The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx
Index Cooperative will use the funding to bring its ETF-like products to other blockchain networks.

DeFi Exchange PancakeSwap's Token Jumps 15% Amid Burn Event
Today's jump in value represents the highest single daily gain for PancakeSwap's token since June 23.

EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs
The tool was built to address network congestion and rising transaction costs brought about by the growth of decentralized finance (DeFi).

DeFi Protocol Tranchess Raises $1.5M in Seed Round Led by Three Arrows, Spartan
Money raised will go toward furthering the project's expansion while completing the development of its DAO.

Aave, Fireblocks and Galaxy Explore Next Steps Toward Permissioned DeFi
The whitelisting and blacklisting of DeFi participants will make life easier for institutions, but potentially at a cost.

BaFin-Licensed DeFi Firm Swarm Starts Onboarding $15M of Pledged Liquidity
Swarm Markets, which claims to be the world’s first regulated DeFi protocol, says 250 customers have ponied up funds.

Cream Finance Announces Integration With Polygon
Cream’s users will be able to lend and borrow supported assets.
