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Your Weekly DeFi News in Bite-Sized Fashion

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Your Weekly DeFi News in Bite-Sized Fashion

This week’s issue covers events between September 3rd and September 10th, 2023.

defiprime
Sep 11, 2023
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Your Weekly DeFi News in Bite-Sized Fashion

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Welcome to the 160th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between September 3rd and September 10th, 2023.

🔥 The DeFi Bulletin

  • Base suffered its first major outage since its launch.

  • CFTC settled its charges against the protocols Opyn, ZeroEx, and Deridex.

  • A governance vote approved $DYDX as the native token of the upcoming dYdX chain, in addition to approving a transition to version 4.

  • The former Celsius CEO, Alex Mashinsky, has had his home and assets ordered frozen in a criminal case.

  • Infura, a ConsenSys-owned project, plans to start decentralizing by the end of 2023.

  • Grab, a Southeast Asian super-app, added support for web3 services.

  • The Base Ecosystem Fund announced its first six investments.

💵 State of the Stablecoins

  • $USDC is now available on the Optimism mainnet.

  • OKX and Circle partnered to add $USDC features to OKX’s wallet and DEX aggregator.

💱 DEX Report

  • Brine Fi, a zk-powered DEX, raised $16.5M in funding, with Pantera Capital leading the round.

Thanks for reading, and be sure to catch the 160th issue of The Defiprime Post out this time next week!

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Your Weekly DeFi News in Bite-Sized Fashion

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