Defiprime Newsletter

Share this post

Your Weekly DeFi News in Bite-Sized Fashion

defiprime.substack.com

Your Weekly DeFi News in Bite-Sized Fashion

This week’s issue covers events between August 6th and August 13th, 2023.

defiprime
Aug 14, 2023
1
Share this post

Your Weekly DeFi News in Bite-Sized Fashion

defiprime.substack.com
Share

Welcome to the 156th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between August 6th and August 13th, 2023.

🔥 The DeFi Bulletin

  • Coinbase’s Base network recently had its mainnet open up to the public.

  • Subsequently, Uniswap was deployed to the Coinbase L2 network Base.

  • Circle stated that $1B in cash is a buffer during a market share decline.

  • Clipper announced decentralized governance for its platform.

  • MakerDAO unveiled a token airdrop proposal for the Spark lending protocol.

  • The Mode Public Testnet recently went live.

  • Coinbase Ventures invested in Rocket Pool through its RPL token purchase.

  • Puffer secured $5.5M in funding, with Brevan Howard being the main backer of the round.

  • Binance Labs invested $5M into the $CRV token in addition to supporting Curve’s deployment to the BNB chain.

  • Xverse closed a $5M funding round where Jump Crypto was the principal investor.

  • unshETH raised $3.3M in funding, aiming to use the funds to help decentralize the liquidity staking industry.

  • Aave DAO approved a $2M $CRV token purchase in an OTC deal.

  • DexGuru recently demoed its new Block Explorer and Data Warehouse projects.

💵 State of the Stablecoins

  • PayPal launched its own dollar stablecoin, $PYUSD.

💱 DEX Report

  • PancakeSwap and bloXroute have announced a user front-running protection partnership, hoping to protect users from sandwich attacks.

  • PancakeSwap also deployed on Arbitrum in a drive for expansion.

💎 NFT News

  • Fxhash, a generative art NFT platform, received $5M in seed funding, with 1kx leading the round.

Thanks for reading, and be sure to catch the 157th issue of The Defiprime Post out this time next week!

1
Share this post

Your Weekly DeFi News in Bite-Sized Fashion

defiprime.substack.com
Share
Comments
Top
New
Community

No posts

Ready for more?

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