Your Weekly DeFi News in Bite-Sized Fashion
Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between August 6th and August 13th, 2023.
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
💱 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!