Defiprime Newsletter

Share this post

Recap of DeFi Space, February 2023

defiprime.substack.com

Recap of DeFi Space, February 2023

defiprime
Mar 1
1
Share this post

Recap of DeFi Space, February 2023

defiprime.substack.com

🆕 New DeFi Products

  • Blowfish Protect
    Blowfish Protect is a browser extension that aims to upgrade your web3 security, by flagging transactions on your screen and explaining how signing transactions may affect you.

  • MEV-Share
    Flashbot’s MEV-Share protocol aims to distribute a portion of the MEV to Ethereum users, rather than just validators and builders.

  • oSnap
    oSnap is a gasless governance tool, allowing DAOs to come to a token-based consensus, with on-chain execution performed by UMA.


❓ What's new at Defiprime?

  • Blur, a zero-fee NFT marketplace with a fast UI and many tools ✅


Phuture is a sponsor of our newsletter 🙏

Phuture is a decentralised protocol that simplifies crypto asset investment through its on-chain index fund products; offering passive exposure with best-practice methodologies, monthly rebalancing, and optimised yields. Phuture’s product range includes Phuture DeFi Index (PDI), Colony Avalanche Index (CAI), and USDC Savings Vault (USV).


🔗 Noteworthy Links

  • CoW Swap exploit: 550 BNB

  • MyAlgo exploit: $9.6M lost

  • DForce exploit: $3.6M lost

  • Hope Finance Exploit: $2M lost

  • Jump Crypto counter-exploit: $140M taken back from hacker

  • Ethereum: Sepolia Shapella Announcement, Shanghai upgrade

  • The Creator Economy In Gaming

  • Consensus canon

  • Video game economies

  • The death of DeFi & RWA

  • Everland Finance, a Solana lender, shuts down

  • Crypto promised prediction markets. Is it delivering?

  • MakerDAO revenue fell 42%

  • Lyra AMM deploys on Arbitrum

  • Centrifuge accrues $6M in debt

  • SEC settles on security claim in $LBRY case

  • How I changed my mind on the decentralized casino thesis

  • A16z voted against Uniswap deployment on BNB

  • Rekt: Orion Protocol

  • Partial withdrawals after the Shanghai fork

  • Alchemix approved $ALCX token buyback plan

  • Web3 Security: Securing the path to crypto adoption

  • DeFi’s paradox: VC Tokenholders

  • The Rise of UGC 2.0

  • Multix: An Interface to Manage Complex Multisigs

  • Gearbox LLSDs: 10x Leverage on Liquid Staking Derivatives

  • Umami Finance CEO dumps all tokens

  • Coinbase CEO suggests SEC could ban staking

  • Aave: GHO Development Update

  • Opium Protocol 2022 Updates

  • Kraken agrees to shutter staking operations

  • Paxos under investigation by New York Regulator, Paxos didn’t administer BUSD “Safely”

  • Aave governance: Freeze BUSD on Aave V2

  • SushiSwap acquires Vortex

  • Coinbase’s staking services are not securities

  • 22 New Synthetix Perps Markets live

  • Shopify Blockchain

  • Atomic swaps into Uniswap V3 positions

  • Is funding for ventures dead?

  • Blur launches Token Airdrop, escalates royalty battle with OpenSea

  • Ideamarkets: Goodbye & Final Reflections

  • MEV: The Driver of Blockchains

  • Why zero-knowledge KYC won’t work

  • Web3 credentials: crossing the consumer chasm

  • BUSD drama sets stage for Stablecoin market reshuffling

  • Ethereum’s Shanghai Upgrade: By the Charts

  • Balancer launches Generalized Boosted Pools

  • Regulate apps, not protocols

  • Galois Capital shut down; Lost $40M to FTX

  • ETH is not ultrasound money

  • ConsenSys acquires Hal

  • Polygon cuts staff by 20%

  • What founders can learn from the Blur airdrop

  • Swarm launches tradable stocks and bonds

  • Are NBA Top Shot Moments Securities?

  • TON chain freezes $2.6B worth of inactive tokens

  • Frax Finance votes to collateralize its $1B stablecoin

  • Synthetix V3 live

  • Coinbase launches Base L2

  • Crypto Investors’ $28M lawsuit against Maker dismissed

  • Impossible Finance Regulations Update

  • MEV outlook 2023

  • Coinbase halts BUSD trading

  • Solidity vs. Viper

  • Staking replaces lending as the second-largest sector

  • Simulating Token Economies


💾 Venture Financing

  • Rysk Finance has raised $1.4M in funding, aiming to spearhead on-chain market making.

  • Archimedes, a DeFi marketplace, has secured $4.9M in seed funding.

  • Fungify has closed a $6M funding round, hoping to build a new NFT lending primitive.

  • KuCoin Ventures backed Port3, a social data portal, with Port3 closing a $3M funding round.

  • Elementus announced its $10M funding round, hoping to continue building accessible infrastructure.

  • Blur raised funds to further build its marketplace, as the round became oversubscribed.

  • Caldera secured $9M in funding, aiming to enable web3 at scale.

  • Aura Network closed a $4M Pre-Series A funding round, with the round co-led by Hashed and Coin98.

  • Nefta announced its seed funding round, with the company holding a $32.5M valuation.

  • Salsa raised $2M in pre-seed funding, aiming to further build its messaging platform.

  • Sending Labs closed a $12.5M funding round, hoping to build a web3 communication stack.

  • Ironblocks secured $7M in funding, aiming to build its blockchain cybersecurity platform.

  • Phi announced its $2M seed funding round, hoping to build a social gaming onboarding platform for web3.

  • Beldex has raised $25M in funding, with DWF Labs leading the round.

  • Chaos Labs has raised $20M in seed funding, aiming to automate on-chain risk optimization.

  • Huma Finance has secured $8.3M in funding, hoping to enable borrowing against future income.

  • Sentio closed a $6.4M seed funding round, with Lightspeed leading investment.

  • TipLink has announced its $6M funding round, with the round co-led by Sequoia and Multicoin.

  • Kaito, an AI-powered engine, has secured $5.3M in funding.

  • Affine Protocol has closed a $5.1M funding round, aiming to develop DeFi yield offering.

  • Gateway.fm has raised $4.6M in funding, with Lemniscap leading the round.

  • Factor, an Arbitrum-based project, has closed a $4M funding round.

  • Renegade has secured $3.4M in funding, with Dragonfly leading the round.

  • Tsunami Finance announced its $1.3M pre-seed funding round.

  • Ammalgam has raised $750K in pre-seed funding.

  • Republic canceled its $75M fund, following the crypto collapse and SEC guidance.

  • The Blockchain Founders Fund raised $75M in funding, aiming to encourage mass adoption.

  • Mangrove closed a $7.4M Series A funding round, hoping to enable market makers to operate without locked capital.

  • Ether.Fi, a non-custodial liquid staking platform, announced its $5.3M funding round.

  • Portal, an infrastructure startup, closed a $5.3M funding round.

Share this post

Recap of DeFi Space, February 2023

defiprime.substack.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 defiprime.com
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing