Yes, another day, another DeFi drama, and another de-pegging event. Was it a hack? Or was it a glitch? Either way, aUSD, aka Acala USD, the overcollateralized stablecoin native to the Polkadot ecosystem… got absolutely Shkrelli’d.

It’s a bear market and investors are picky. As many leave the space one institute has been spending nonetheless. In this video we’re taking a look into the projects a16z has been investing into.

In addition to allowing users to withdraw crypto assets to external wallets like MetaMask, PayPal is enabling its users to transfer digital assets between themselves.

Traditional Institutions Are Increasingly Tapping DeFi Loans

Metacard is the first metaverse savings card. It is an NFT card that is metaverse-ready, comes with automated DeFi Savings, and a crypto debit card.

Worldcoin is a new, collectively owned global currency that will be distributed fairly to as many people as possible.

Goldman Sachs’s proposed DeFi ETF has sparked speculation that the fund has more to do with boomer tech than DeFi — but there’s still a chance the banking giant may redeem itself.  Goldman Sachs's DeFi and Blockchain Equity ETF will track the Solactive Decentralized Finance and Blockchain Index, according to the SEC filing. While the…

In a record-breaking deal for a Latin American crypto company, Buenbit, an exchange based in Argentina has raised $11M in Series A funding. Buenbit, the leading cryptocurrency platform in South America’s second-biggest economy,  allows users to exchange fiat currency for BTC, ETH, and DAI.  In May, Buenbit launched operations in Peru, and now with their…

DeFi’s most popular stablecoin issuer is going public. Circle, which issues the USDC stablecoin, announced its plans yesterday to go public in Q4 of this year through a special purpose acquisition company (SPAC). The deal will happen with Concord Acquisition Corp. and Circle will trade under the ticker symbol CRCL with the transaction valuing the…

Sygnum has become the world’s first bank to offer Ethereum 2.0 staking. The digital asset bank based out of Switzerland will allow clients to securely stake Ethereum through its banking platform. Currently, Ethereum staked through Sygnum can generate yields of up to 7% per annum.  Ethereum 2.0 is a scalability upgrade to the Ethereum network,…