Your Weekly DeFi News in Bite-Sized Fashion
Welcome to the 137th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between March 19th and March 26th, 2023.
🔥 The DeFi Bulletin
The Euler hacker returned 58,737 ether, a significant portion of the stolen funds.
DeFiLlama drama occurred on March 19th; A person controlling the website domain and Twitter was pushing for a token, while the rest of the team was against a token.
Justin Sun, the founder of Tron, was sued by the SEC on Securities and Market Manipulation charges.
The SEC also warned Coinbase that it is planning on pursuing enforcement over securities violations.
Do Kwon was arrested at a Montenegro Airport for “falsified documents.”
Through the @wallet bot on Telegram, you can now send $USDT to others.
An alternate use case for the fee switch was recently proposed on the Uniswap Governance forum.
V1 of numeon launched on Polygon.
BitKeep recently secured $30M in funding, with Bitget as the main investor.
Seed Club Ventures raised $25M in funding for a fund focused on DAOs.
Particle Network, a middleware platform, closed a $7M funding round.
SushiSwap recently unveiled a proposal to establish a legal defense fund, seeking $3M $USDT.
Phuture is a decentralised protocol that simplifies crypto asset investment through its on-chain index fund products; offering passive exposure with best-practice methodologies, monthly rebalancing, and optimised yields. Phuture’s product range includes Phuture DeFi Index (PDI), Colony Avalanche Index (CAI), and USDC Savings Vault (USV).
💱 DEX Report
Dfyn V2 was released, with improvements including on-chain limit orders and improved DEX security.
Thanks for reading, and be sure to catch the 138th issue of The Defiprime Post out this time next week! 👋