Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between December 25th and January 8th, 2023.
Welcome to the 126th 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 25th and January 8th, 2023.
🔥 The DeFi Bulletin
Reportedly, the Defrost rugpulled twice, once for $12M, the other time for $7M.
The US has filed charges of fraud in the Mango crypto manipulation case.
Mastercard has launched a web3-focused artist incubator in a collaboration with Polygon.
Cointelegraph has released its predictions for crypto in 2023.
SushiSwap has attempted to breathe life into its protocol with a new proposal.
Timeless announced the date for the launch of their token, $LIT, is January 9th.
Convex is to reportedly make changes to their staking service for Curve token rewards.
Octopus will be performing a refactoring of their core team for Octopus 2.0.
Msafe, an Aptos-based multisig wallet, closed a $5M funding round.Ondefy secured $1M in funding, aiming to foster the adoption of DeFi.
💵 State of the Stablecoins
Japan is to lift the ban on foreign stablecoins in 2023, according to the Financial Services Agency of Japan.
💱 DEX Report
💎 NFT News
Collection, an NFT protocol, has created a DEX for NFT trading.
Shopify merchants can now mint and sell Avalanche NFTs.
An NFT project has recently accepted $3M to move its collection to Polygon.
Thanks for reading, and be sure to catch the 127th issue of The Defiprime Post out this time next week! 👋♦️👋