Recap of DeFi Space, March 2024
đ Noteworthy Links
Slerf, a Solana memecoin, accidentally burnt $10M worth of funds
Attacker mints 1B $CGT governance tokens in an exploit within Curio ecosystem
SEC delays BlackRockâs spot Ethereum ETF, seeking public feedback
BlackRock confident about an ETF, even if Ethereum is deemed a security
Democrats to SEC: Donât approve any spot Ethereum ETFs or other crypto ETPs
Opinion: SEC is chasing the difficulties of an Ethereum Spot ETF
CoinDesk: SEC also committed a âgross abuse of powerâ in its lawsuit against DEBT Box
US authorities: Existing laws sufficient to handle NFT copyright concerns
Ethereum Research: How to hard-fork to save most usersâ funds in a quantum emergency
Revolut launches direct crypto purchases into Meta mask wallets
Base to support EIP-4844 from âday oneâ following Dencun
How a Bitcoin trading frenzy almost depleted a vault in MakerDAO
GitHub: davidfurlong/awesome-frames: Farcaster Frame Resources
On-Chain Data Product Insights: The Data Analysis Revolution in the Web3 Era
Supporting decentralized staking through more anti-correlation incentives
Near Protocol to let users sign transactions on third-party chains
Ethereum blobs are now being used to make inscriptions like on Bitcoin
Check out our takeaways from ETHDenver
đžÂ Venture Financing
Taiko, an âEthereum-Equivalent ZK Rollup,â raised $15M.
Stack, an on-chain points startup, secured $3M in seed funding.
Utila, an institutional crypto platform, closed a $11.5M seed funding round.
Hedgehog Protocol announced its $1.5M funding round.
Scallop Protocol raised $3M in funding, with the round co-lead by CMS and 6MV.
1kx announced its $75M funding round, with the round led by investors like a16z and Galaxy Digital.
Toncoin received $8M in funding from Mirana.
Firewall, a security infrastructure firm, closed a $3.7M pre-seed funding round.
SX Network closed a strategic funding round led by Draper Dragon.
Ethena Labs raised $4M for its $USDe treasury.
Elixir secured $8M in Series B funding, holding an $800M valuation.
Fjord Foundry, a token-sale platform, raised $4.3M in funding.
Syntropy bolstered its cap table with new strategic investors.
TEN, an Ethereum L2 focused on encryption, raised $9M in funding.
MANTRA Chain closed an $11M funding round, aiming to use the funds for RWA tokenization with Middle East tint.
GRVT, a CEX, announced its $2.2M strategic fundraise.
Figure announced the launch of Figure Markets after securing $60M in funding.
Espresso raised $28M in Series B funding, with the round led by a16z.
Morph, an Ethereum L2, closed a $20M funding round.
BlackRock entered the asset tokenization race with its new fund on Ethereum.
StakeStone received an undisclosed quantity of funding from Binance Labs.
ALEX, a Bitcoin DeFi developer, secured $10M in strategic funding.
peaq, a DePIN L1, raised $15M in pre-launch funding.
BitLayer, a Bitcoin L2 network, announced its $5M seed funding round.
BOB, a hybrid L2 mixing Bitcoin and Ethereum, closed a $10M funding round.
đïž Upcoming DeFi Events
DappCon 2024Â - 21 May 2024 - Berlin, Germany
EthCC 2024Â - 08 Jul 2024 - Brussels, Belgium
Devcon 7Â - 12 Nov 2024 - Bangkok, Thailand