LFi Unveils LFi Smartphone, Providing Unprecedented Access to DeFi Opportunities
LFi (Layered Financial Independence) is a decentralized network that envisions a future where everyone has the opportunity to participate in rewards creation.
Worried About Hackers? Depegs? Two Crypto Insurance Protocols for Peace of Mind
Safeguard your crypto holdings in the wild west of DeFi.
Contango Digital Assets Raises $1.2 Million in Seed Round To Help Build Web3 Infrastructure
Contango has now deployed over $7M in total to more than 50 Web3 startups globally.
How DeFi is Different From CeFi: DeFi vs CeFi
Decentralized finance (DeFi) is a rising financial technology that operates on secure distributed ledgers, akin to those utilized by cryptocurrencies.
「Trend Research by LD Capital」MakerDAO, Igniting the Spark to the “All Things To Grow
MakerDAO, one of the most long-standing and successful crypto projects in decentralized governance, development, and operations, has entered the “Endgame Plan” phase.
CFTC’s Tech Committee Gathered in DC to Talk DeFi, Here’s What Was Discussed
The United States commodities regulator has gotten a crash course on decentralized finance (DeFi) today, with crypto executives briefing the regulator on key issues affecting the space, including exploits, decentralization and digital identities. As part of a scheduled first meeting of the CFTC’s Technology Advisory Committee (TAC) in Washington D.C., members from the crypto space gave presentations to the regular with the aim of covering key issues currently impacting DeFi. CFTC commissioner Christy Goldsmith Romero opened the meeting with prepared remarks, saying “understanding how DeFi works” is “important” as “policy decisions related to DeFi” are currently being made by regulators and lawmakers. (Cointelegraph)
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). (Bitcoin.com)
Value Locked in Defi Rises Above $50 Billion Mark
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours.
Crypto Evening Briefing: Even As Funding Dips, Top Web3 Investors Remain Active
While overall funding in Web3 was down last year from 2021, several top investors in the space such as Shima Capital, Animoca Brands and Y Combinator saw their numbers tick up in 2022, according to Crunchbase data.
DeFi Insurance Claims Amounted to $34.4 Million in 2022: Report
Decentralized finance (DeFi) analytics firm OpenCover released a report on 22 March, revealing that DeFi insurance companies paid out $34.4 million in claims in 2022.
