DeFi

DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
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DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures

San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.

Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
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Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service

The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.

DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
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DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event

Decentralized trading platform PancakeSwap’s native token Cake burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake's transaction price subsequently increased by 11.63% which s the largest daily increase since June 23.

Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group
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Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group

Defi chess-themed Tranchess protocols received a $1.5 million seed round of financing led by Three Arrows Capital and Spartan Group.

Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network
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Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network

Decentralized lending platform Cream Finance officially announced integrating with Polygon by launching its money markets on the Ethereum layer 2 scaling solution Polygon network.

Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms
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Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms

Ethereum on-chain metrics are on the decline as China's clampdown looms.

Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline
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Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline

As the Total Value Locked in DeFi plunges, Bitcoin investors appear to be saving their holdings in smart contracts amid price falloff.

DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain
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DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain

Singapore-based DEFI derivatives EXCHANGE-SynFutures announced Wednesday a Series A funding completed with a total value of $14 million.

Ethereum Might Experience a Period of Consolidation, says Market Analyst
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Ethereum Might Experience a Period of Consolidation, says Market Analyst

Crypto analyst Michael van de Poppe acknowledged that ETH was holding a crucial support level, which may trigger a period of consolidation.

The Number of Ethereum Transfers Hit a Monthly Low
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The Number of Ethereum Transfers Hit a Monthly Low

The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.