Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between April 9th and April 16th, 2023.
Welcome to the 140th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between April 9th and April 16th, 2023.
🔥 The DeFi Bulletin
Hong Kong reaffirmed its commitment to web3 as long as crypto remains under proper regulation.
The SEC has charged Terraform and Do Kwon with defrauding investors.
The SEC is moving towards DeFi oversight, reopening proposed regulations. The SEC also reportedly sees decentralized crypto platforms as exchanges.
Uniswap recently launched its mobile wallet.
The Uniswap DAO also approved a proposal to deploy Uniswap v3 on Polygon’s zkEVM.
Enso Finance recently announced the second version of its product.
Sei, a trading-focused blockchain, secured $30M in funding.
CryptoGPT raised $10M in A Series funding, holding a $250M valuation.
RSS3, an information protocol, closed a $10M token sale funding round.
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).
💵 State of the Stablecoins
A new draft for a stablecoin bill was introduced in the House of Representatives.
Thanks for reading, and be sure to catch the 141st issue of The Defiprime Post out this time next week!