Your Weekly DeFi News in Bite-Sized Fashion
Welcome to the 187th 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 17th and March 24th, 2024.
🔥 The DeFi Bulletin
Slerf, a Solana memecoin, accidentally burnt $10M in funds raised from its presale investors.
ParaSwap discovered a vulnerability that led to 4 users losing $24K total.
The Ethereum foundation released its report on the Sepolia incident.
Alexey Pertsev was accused of laundering $1.2B through Tornado Cash.
According to a federal judge, the SEC committed a “gross abuse of power” in its lawsuit against DEBT Box.
The SEC delayed its decision on a VanEck spot Ethereum ETF, instead asking for public comments.
BlackRock entered the asset tokenization race with its new fund.
Meld, a Lithuanian-licensed crypto bank, is to offer tokenized RWAs to retail investors.
Aavegotchi is to launch its L3 Rollup using Base as its settlement layer.
Libre, a Polygon-based tokenization platform, went live.
Dymension introduced fraud proofs with Dymension RollApp standards.
Dragonfly Capital released its 2023 Crypto Compensation Report.
Nouns announced its collaboration with Farcaster, with Nouns set to fund three-month long sprints that will build communication clients using Farcaster.
Figure announced the launch of Figure Markets, after securing $60M in funding.
Espresso raised $28M in Series B funding, with the round led by a16z.
Morph, an Ethereum L2, closed a $20M funding round.
MANTRA Chain, a project that aims to be a hub for RWAs on Cosmos, raised $11M in funding.
GRVT, a CEX, announced its $2.2M strategic fundraise.
10x shard opportunities are still available on Ethena.
💵 State of the Stablecoins
The passage of a stablecoin bill in 2024 seems more and more unlikely with the appearance of new roadblocks.
💱 DEX Report
Thanks for reading, and be sure to catch the 188th issue of The Defiprime Post out this time next week! 👋♦️👋