Digital asset investment firms poured $2.7 billion into decentralized finance (DeFi) projects in 2022, up 190% from 2021 as investments into centralized finance (CeFi) projects went the other way — falling 73% to $4.3 billion over the same timeframe.

Reentrancy, price oracle attacks and exploits across seven protocols caused decentralized finance (DeFi) space to bleed at least $21 million in crypto in February. 

A little under $91 million was handed to cryptocurrency startups — down significantly from the $254 million the week prior. The majority of this week’s cash haul went to decentralized finance (DeFi), a blockchain infrastructure and NFT companies, a trend that has been consistent over the past year, according to a recent CoinGecko report. The report highlights that in 2022, DeFi companies received more than three times the amount of money raised in 2021 — and 41 times more than the amount the sector secured in 2020. (Blockworks)

The fund plans to invest in early-stage companies that are focused on innovative technologies and solutions that can drive the growth of the digital economy.

Infodriver Capital anticipates a 3-5x return on investment in just 2-4 years and is currently seeking experienced and accredited investors with a minimum investment requirement of $100,000. The investment strategy charges only 5% investments and diversifies the total portfolio of the startups from Seed to A round with a working revenue model and user base. The company's growth hacking approach also provides value-added services such as fundraising assistance, business development, co-promotion, and influence marketing to further assist startups in achieving their full potential.

In the DeFi Summer of 2020, Compound Finance launched Liquidity Mining (LM) with millions of dollars flowing into Compound smart contracts. Liquidity providers (LPs) maximize returns by lending, then borrowing the same assets and lending again.

This weekend marks the culmination of ETHDenver, probably the most important annual gathering for smart contract and DeFi [decentralized finance] developers right now, on Ethereum and beyond. I wish I could be there this year, but frankly I’m still recovering from a pretty intense four months of making cool things and exposing bad guys.

On March 3, a crypto hedge fund called Digital Asset Capital Management (DACM) with assets worth over $400 million announced they are looking for a new banking partner in Switzerland post Silvergate chaos.

DeFi lending platform Iron Bank has urged Alpha Homora to “take ownership” of its bad debt amid a tussle between the two liquidity platforms.

The world of blockchain technology can often seem overwhelming to those who are not deeply entrenched in the technical details. However, the arrival of Shibarium offers a new level of accessibility for those who want to get involved in the blockchain world.