Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between July 11th and July 18th, 2021
Welcome to the 51st issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between July 11th and July 18th, 2021.
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🔥 The DeFi Bulletin
Anyswap’s V3 prototype was recently exploited, with around $7.9M stolen.
Bondly Finance ($BONDLY) was also exploited pretty recently, with $1.5M pulled.
The governing council of the ECB (European Central Bank) has decided to launch the digital euro project, after much research and testing.
The S&P Dow Jones Indices has launched their new cryptocurrency index series, which includes a S&P Bitcoin Index.
Gnosis Safe is going live on Layer 2, joining BSC and Polygon, and later Arbitrum in a few weeks.
Drops Loans have recently been launched on the ETH mainnet, also with a liquidity mining program.
The Set Protocol has recently gone live on Polygon, as they attempt to push the boundaries of asset management.
Fidelity Digital is looking to expand their staff by about 70% due to still strong crypto demand.
Nexo has wrapped up a strategic investment in Yield Inc, while also signaling vocal support for the DeFi ecosystem.
Want to learn about Options? Wade Prospere recently talked about Partially Collateralized Options at Opyn. Find it here.
The Blockchain security firm, CertiK, has announced a $37M Series B from important investors like Coatue, Shunwei Capital, and Coinbase Ventures.
Blocknative has raised $12M so that they can scale core transaction monitoring infrastructure, making mempool data accessible to blockchain builders and traders.
The interoperability project, Connext, has raised $12M from 1kx, with their approach being that how they move funds is similar to how AMMs operate.
The DeFi wallet, Phantom, has raised $9M in Series A funding, led by A16z (Andreessen Horowitz).
Superfluid has raised $9M so they can build the “real-time finance economy”.
ClayStack has recently raised $5.2M in seed funding, co-led by investors CoinFund and ParaFi.
Seed Club has raised $2M in a contribution round so they can build a “YCombinator of Tokenized Communities”. Contributors include Packy McCormick, Stani Kulechov, Denis Nazarov, and many more.
Tempus has recently closed a $1.9M seed funding round so that they can build a novel DeFi protocol for novel secondary markets on yield. Investors include GSR, Divergence Ventures, Supernova, and more.
💱 DEX Report
Polychain has led a $21M round for a Retail-Trader-Oriented DEX, created by Clipper.
Optimism has recently received a deployment of Uniswap V3 in an Alpha Launch.
ShapeShift has moved to decentralize its entire company, dissolving all corporate structure and also executing the largest airdrop ever to over 1M customers and members of the community.
💎 NFT News
Nifty’s has launched a NFT-focused social media platform with $10M in seed funding.
PleasrDAO has recently used NFTs as a collateral for a $3.5M loan from the Iron Bank.
Thanks for reading, and be sure to catch the 52nd issue of The Defiprime Post out this time next week! 👋♦️👋