DeFi

Beta Finance, which offers one-click option to short crypto assets, raises from Sequoia Capital India and others

Beta Finance, a decentralized finance protocol that has developed a one-click solution for lending, borrowing and shorting of any crypto asset, said on Friday it has raised $5.75 million across its pr

Immunefi raises $5.5M to squash Web 3.0 crypto bugs which might cost billions

Traditional Web site and app bug bounty platforms, such as HackerOne and BugCrowd, have been successful in that old-world model. But there is a massive difference between the existing “Web 2.0&#

Element Finance raises $32 million for its DeFi fixed rate protocol

Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It let

Shooting for greater privacy in DeFi, Sienna Network launches SiennaSwap

Ben Rubin explains why the Web3 era of social media will help everybody get paid

After a decade of a handful of social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing.

Angle Labs raises $5 million to build stablecoins based on derivatives

Angle Labs, the company behind the Angle Protocol, has raised a $5 million funding round led by Andreessen Horowitz. The small team has been working on a euro stablecoin on the Ethereum blockchain. Ot

Crypto asset management platform Cobo bags $40M Series B

Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global,

SEC wants to regulate Coinbase’s crypto yield product, Coinbase disagrees

Coinbase CEO Brian Armstrong has reacted strongly to the company’s current relationship with the U.S. Securities and Exchange Commission. According to him, the SEC is threatening to sue the cryptocu

DeFi investor platform Zerion raises $8.2 million Series A

While crypto exchanges have demystified some of the largest cryptocurrencies for retail investors, many of the intricacies of decentralized finance are still lost on even more savvy investors as a res

Circle wants to help companies access DeFi lending markets with new API

Cryptocurrency company Circle has announced that it plans to launch a new API for companies using Circle accounts to manage crypto assets — and in particular USDC stablecoins. The new API will let c

In the race toward Web 3 financial privacy, Secret Network attracts backing from key players

In the real world — the world on which the global economy runs — we don’t expose every aspect of our financial activity in public. We want to be able to select which parties can access our finan

Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny

Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLab

Coinbase Wallet lets you earn interest with deeper DeFi integration

Coinbase’s mobile wallet app Coinbase Wallet puts you in control of your crypto assets. The app already lets you access decentralized crypto apps (dapps) using a dapp browser. But Coinbase is going

DeFi aims to bridge the gap between blockchains and financial services

If you’ve been following cryptocurrency news for the past few months, there’s one word that keeps coming back — DeFi, also known as decentralized finance. As the name suggests, DeFi aims to brid

DeFiance: billion-dollar finance, million-dollar hacks, and very little value

Over the last year or so, most of the cryptocurrency world has pivoted from the failure of “fat protocol” tokens and ICOs, and the faltering growth of “Layer 2” payments like L

Coinbase announces USDC Bootstrap Fund to support DeFi projects

Coinbase is announcing a new initiative called the USDC Bootstrap Fund. As the name suggests, the company wants to support developers with a fund composed of USDC tokens. DeFi, or Decentralized Financ