Recap of DeFi Space, July 2023
Explore the dynamic realm of DeFi and blockchain-based financial solutions in our newest newsletter edition. Welcome to the latest edition of our monthly newsletter!
❓ What's new at Defiprime?
Bluefin, a decentralized order book-based exchange ✅
Ambire, a user-friendly crypto wallet ✅
Unispark, a tool allowing users to analyze, optimize, and simulate Uniswap V3 positions in seconds ✅
LlamaNodes, a low-latency privacy-focused RPC provider ✅
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🖼️ Meme of the Month
🔗 Noteworthy Links
Two Paths Ahead for DeFi: Decentralized Brokers vs. Protocols
Binance Research: “Data Insights: Liquid Staking and LSDFi Heat Up”
Yearn Finance Proposal: Activate $veYFI rewards with oYFI Gauges
ERC 7265: Ethereum community proposes new standard to mitigate DeFi hacks
A Proposal for Hong Kong to Issue a Hong Kong Dollar Stablecoin
Aave Holders Vote on Proposal to Convert 1,600 $ETH into $wstETH
Circle quietly launches wallet-as-a-service developer platform
Tether freezes $2.5M of $USDT transferred from the Multichain Hack
Opportunities and Considerations of Ethereum’s Blockspace Future
Infrastructure overtakes NFT and gaming as the most popular destination for crypto VC funding
Aave Proposal: $GHO Mainnet Launch; Proposal succeeds and deploys
Google Play changes policy on tokenized assets, allowing NFTs in apps
Polygon Governance proposes a token switch from $MATIC to $POL
More tokenized treasuries arrive on Polygon as the Digital Bond Market expands
Multichain forced to shutdown; China detained CEO and CEO’s sister
Lens Protocol released V2, which includes support for “Open Actions” and ERC-6551
Uniswap aims to eliminate certain DeFi pain points through UniswapX
Gnosis launches card that allows users to spend self-custody crypto
Axelar launches “Interchain Token Service” to boost asset interoperability
StarkNet unveiled its “appchains” framework, eyeing a multi-chain ecosystem
Senate Bill would tighten money laundering and sanctions rules for DeFi
Argent, a “smart wallet” provider, launches an NFT marketplace
Sam Altman’s Worldcoin launches its token, with more than 2 million sign-ups
Avalanche Foundation launches $50M initiative Avalanche Vista
Curve Finance factory pools targeted due to reentrancy vulnerability; $50M exploit
PancakeSwap is to share trading-fee revenue with $CAKE token stakers
💸 Venture Financing
Ola, a privacy startup, raised $3M in seed funding.
Narval secured $4M in funding, aiming to further create a platform that helps firms organize web3 assets.
Aark Digital announced its funding round, which raised an undisclosed amount in seed funding. Delphi Digital led the round.
Artela, a blockchain infrastructure startup, closed a $6M funding round.
Ion Protocol announced its $2M pre-seed funding round.
Ethena, a stablecoin developer, raised $6M in funding.
CoinFund raised $158M for a new fund, aiming to back startups in their infancy.
PWN, a mortgage startup, secured $2M in funding.
Polychain Capital closed a $200M funding round for their fourth fund.
Manta Network raised $25M in funding, with p0x Labs leading the round.
Interface secured $1.4M in funding, with the round led by Polymorphic Capital.
Radiant, a protocol built on the architecture of LayerZero, received $10M in funding from Binance Labs.
Side Protocol closed a $1.5M pre-seed funding round, hoping to further expand its team with the funds.
Flashbots, a crypto firm, raised $60M in funding.
Conic Finance secured $1M in funding, with the round led by Curve founder Michael Egorov.
🗓️ Upcoming DeFi Events
ETHMunich - 11 Aug 2023 - Munich, Germany
ETHToronto - 15 Aug 2023 - Toronto, Canada
The Science of Blockchain Conference 2023 - 28 Aug 2023 - Stanford, US
DappCon 2023 - 11 Sep 2023 - Berlin, Germany
Permissionless 2023 - 11 Sep 2023 - Austin, US
Protocol Berg - 15 Sep 2023 - Berlin, Germany
Mainnet 2023 - 20 Sep 2023 - New York City, US
ETHMiami 2023 - 27 Oct 2023 - Miami, US
Devconnect - 13 Nov 2023 - Istanbul, Turkey