Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between December 10th and December 17th, 2023.
Welcome to the 174th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between December 10th and December 17th, 2023.
🔥 The DeFi Bulletin
An issue with Ledger ConnectKit’s library affected multiple DApps.
The Nirvana Finance hacker pled guilty and agreed to pay restitution.
The CFTC’s Chair has claimed that most cryptocurrencies are commodities.
The SEC rejected Coinbase’s request for a separate regulatory framework for crypto.
JPMorgan predicts that Ethereum will outperform Bitcoin next year.
SafeMoon filed for Chapter 7 bankruptcy after executives were arrested and they were charged by the SEC.
Coinbase listed $SEAM as part of its day-one listings after Seamless Protocol listed $SEAM.
Synthetix is to end $SNX token inflation, shifting towards a focus on buybacks and burns.
Starknet developers will now receive a slice of network fees under its new program.
Namada allocated 3% of its token supply to incentivized testnet users.
Coti planned an expansion to the Ethereum ecosystem with an L2 network.
Swarm launched a permissionless trading platform for tokenized RWAs.
Rainbow unveiled points for Ethereum users, hoping to target the MetaMask community.
Dynamic Labs secured $13.5M in Series A funding, with the round led by a16z.
Lolli, a Bitcoin rewards provider, raised $8M in Series B funding.
NodeKit closed a $1.2M pre-seed funding round, aiming to build an Avalanche-based network for rollups with the funds.
💱 DEX Report
Thanks for reading, and be sure to catch the 175th issue of The Defiprime Post out this time next week!