Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between January 7th and January 14th, 2024.
Welcome to the 177th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between January 7th and January 14th, 2024.
🔥 The DeFi Bulletin
Starknet’s governance approved a vote to add the ability to use $STRK for paying transaction fees.
The Near Foundation is to lay off 40% of its staff, with a statement that the treasury “remains strong.”
SKALE’s Chain Pricing model went live.
Y2KFinance introduced Turbo Options Vaults.
Bitfinity, a Bitcoin L2, raised $7M in a token round.
Altitude, a project that aims to make DeFi loans more efficient, secured $6.1M in seed funding.
Saros closed a $3.75M private round, which included investors like Solana Ventures and Hashed.
TrendX, a trading platform that tracks trends using AI, raised $1M in seed funding.
Particle raised an undisclosed amount of seed funding, mainly from Polychain Capital.
Polyhedra secured an undisclosed amount of funding from OKX Ventures.
💵 State of the Stablecoins
The Aave Community voted to integrate $PYUSD into Aave’s Ethereum pool.
💎 NFT News
GameStop killed its NFT marketplace.
OpenSea introduced the ability to make wallets with email addresses.
Thanks for reading, and be sure to catch the 178th issue of The Defiprime Post out this time next week! 👋♦️👋