Recap of DeFi Space, April 2023
🔗 Noteworthy Links
Treasury’s new DeFi risk assessment relies on ill-fitting frameworks and misunderstandings
Circle: Congressional Committee highlights the importance of stablecoin legislation
Bank of England: Stablecoins may need limits to avoid disruptions
Anti-crypto regulators are blocking the path to an American dream
New stablecoin bill draft introduced to House of Representatives
Sentiment recovered $870K from negotiations with the exploiter
Buterin - How will Ethereum’s multi-client philosophy interact with ZK-EVMs?
Uniswap DAO approved proposal to deploy V3 on Polygon’s zkEVM
Coinbase could move away from US if there’s no regulatory clarity
MEV trading bot making sandwiches, profiting $700,000, spending millions on gas
Assimilating the BORG: A New Framework for CryptoLaw Entities
MakerDAO approved transferring $500M $USDC to Coinbase for yield
Societe Generale’s Crypto Division Introduces Euro Stablecoin
Paradigm: Time, slots, and the ordering of events in Ethereum PoS
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💸 Venture Financing
Li.Fi raised $17.5M in funding, hoping to improve their startup.
Delphi Labs has closed a $13.5M funding round for their web3 accelerator.
Manifold is building its own liquid staking platform, with the project securing 25,000 $ETH from Cream Finance.
Polyhedra Network announced its $15M funding round, with Polychain leading the round.
Nibiru Chain held a value of $100M after its $8.5M seed funding round.
Satsuma has raised $5M in funding for their data indexing platform.
M^ZERO recently exited stealth mode with its $22.5M funding round.
Franklin closed its $2.9M seed funding round.
Lore, a co-ownership platform, raised $4M in funding.
CryptoGPT secured $10M in Series A funding, with the company holding a valuation of $250M.
Sei, a trading-focused blockchain, announced its $30M funding round.
RSS3 closed a $10M token sale round, with the leader of the round being DWF Labs.
Fractal raised $6M in funding, with the hope of bringing transparency in a post-FTX world.
Berachain secured $42M in funding, aiming to launch another L1 blockchain.
Thetanuts Finance has raised $17M in funding for expanding its startup and creating new partnerships.
Giddy, a crypto wallet, announced its $6.9M funding round.
DFlow has secured $5.5M in funding, hoping to bring payment for order flow.
Teahouse Finance closed a $5M funding round, aiming to combat concentrated liquidity.
Tribe3, a futures DEX, raised $2.1M in funding.
🗓️ Upcoming DeFi Events
EDCON 2023 - 19 May 2023 - MONTENEGRO
Next Block Expo Warsaw Summit - 24 May 2023 - Warsaw, Poland
Prague DeFi Summit - 06 Jun 2023 - Prague, Czech Republic
DeFi Security Summit 2023 - 15 Jul 2023 - Paris, France
EthCC 2023 - 17 Jul 2023 - Paris, France
DappCon 2023 - 11 Sep 2023 - Berlin, Germany
Permissionless 2023 - 11 Sep 2023 - Austin, US
Mainnet 2023 - 20 Sep 2023 - New York City, US
ETHMiami 2023 - 27 Oct 2023 - Miami, US
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