DeFi

Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption
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Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption

Celo, a smartphone-driven blockchain platform, is raising the initial 100 million funding through collaboration with other top DeFi protocols to promote DeFi adoption among mobile phone users worldwide.

US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector
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US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.

Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
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Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption

Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.

Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned
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Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned

The Poly Network is set to start a new journey as its protocol exploiter has now returned all of the stolen funds

Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance
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Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

Bloomberg has launched a DeFi-backed Index fund with co-branding from Galaxy Digital.

Polygon Network Contemplating the Idea of Creating DAOs
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Polygon Network Contemplating the Idea of Creating DAOs

Polygon is looking to build a DAO to harmonize its growing ecosystem.

Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round
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Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round

Two former Goldman Sachs staff have developed a new DeFi protocol Ondo to enhance how users interact with DeFi products, which has raised $4 million through an equity funding round.

ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
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ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High

Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.

Mango Markets DEX Raises $70M through MNGO Tokens Sale
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Mango Markets DEX Raises $70M through MNGO Tokens Sale

Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.

Hackers Return $260M amid the Cyberattack against Poly Network
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Hackers Return $260M amid the Cyberattack against Poly Network

The hacker of the Poly Network has returned as much as $260 million out of the stolen funds.