DeFi Project Impossible Finance Raises $7M in Seed Round
IF will use the funding to develop its DeFi offerings and to build a multi-chain ecosystem.
DAOs Prepare for the Next Crypto Winter With Treasury Diversification
DeFi projects are selling off governance tokens to get ready for tougher days ahead.
DeFi's Sticky Future
Innovations tend to stack. And there's nothing more stackable than composability and interoperability involving money.
Okcoin Integrates With Polygon to Reduce Users’ Ethereum Gas Fees
The move lets users skip depositing to an ETH wallet, saving the associated fees.
Crypto Credit Rating Firm Credmark Pivots to Modeling DeFi Protocol Risks
The firm spent three years trying to develop credit scoring for crypto users, but realized that data collection on DeFi protocols fell short.
DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding
The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.
Belt Finance to Compensate Users Following $6.23M Attack
Belt Finance said it will compensate users who were directly affected in the 4Belt pool or beltBUSD vault and holders of BELT tokens.
Decentralized Exchange Kyber Network's KNC Token Jumps
"Kyber Network has underperformed its peers, still trading at relatively low market capitalization," one analyst said.
New DeFi DAO Relies on ‘Talent Hunters’ to Vet Yield-Farming Projects
The project is led by a former Huobi executive and includes the participation of investors including Multicoin Capital and Polychain Capital.
Thailand Warns Over DeFi; India Green Lights Cryptos
Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
