Your Weekly DeFi News in Bite-Sized Fashion
Welcome to the 163rd 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 24th and October 1st, 2023.
🔥 The DeFi Bulletin
The US Treasury went after a Sinaloa Cartel ETH wallet linked to the trafficking of fentanyl.
The CFTC charged Mosaic and its founder over a "digital asset commodity scheme."
Curve's founder settled his entire debt position on Aave.
The Federal Reserve recently released a report on tokenization.
Taiwan is issuing crypto guidance as it begins to set regulatory rules in place.
Hong Kong is also to issue guidance on tokenizing stocks in the near term.
Alchemy recently acquired Satsuma, a data indexing platform.
Circle launched Circle Research with the goal of advancing DeFi innovation.
OKX Ventures invested in the knowledge graph protocol 0xScope.
Cartesi's rollup network went live, with the first app on the network being Honeypot.
VanEck is to donate 10% of the Ethereum ETF profits to the core devs.
Jade Protocol faced calls to liquidate its $31M treasury.
MoneyGram is to release a non-custodial crypto wallet in 2024.
The creator of Bitcoin Ordinals recently launched a fungible token protocol named "Runes."
Rated, a startup offering infrastructure datasets, secured $12.89M in Series A funding.
Avantis Labs closed its $4M seed funding round, with the round led by Pantera Capital.
Bril Finance, a portfolio manager, raised $3M in funding.
Pimlico raised $1.6M in funding, hoping to use the funds to accelerate Ethereum's transition to smart accounts.
Aptos and Thala launched a $1M fund, hoping to aid DeFi protocols.
Zunami Protocol successfully completed its angel investing round.
Thanks for reading, and be sure to catch the 164th issue of The Defiprime Post out this time next week! 👋♦️👋