Liquidity providing platform Woo Network raises $12M from funding led by Binance Labs
Binance labs lead a $12M Series A funding round for Woo Network, a decentralized finance (DeFi) providing liquidity to platforms such as DYdX, Matcha, ParaSwap, 1inch, and Dodo. Woo Network, which was founded by Kronos Research, a leader in quantitative trading , has received a $12 million strategic investment in a Series A+ funding round […]
Grayscale rebalances its DeFi weightings adding Flexa Payment’s AMP
Grayscale Investments, a crypto asset management, has rebalanced its Grayscale DeFi Fund and tweaked the weightings of its Digital Large Cap Fund while adding new funds such as the AMP, other funds such as BNT and UMA were removed. The improvements Grayscale made to its two funds were described in a Jan. 3 release. The […]
Structure raises $20 Million to make crypto investing more accessible to mobile users
Structure, a global trading platform whose aim is to make crypto-based lending and investment more accessible to mobile phone users, announced it has acquired $20 million in funding to help in actualizing its goal. Structure will provide decentralized financing, or “DeFi,” which is crypto-denominated loans outside of traditional banking, as well as tokenized assets, which […]
IDEX announces the launch of its v3 hybrid liquidity DEX on the Polygon network
San Francisco-based decentralized exchange IDEX has announced the launch of its v3 Hybrid Liquidity decentralized exchange (DEX) on the Polygon network. The platform says operating on the Polygon network provides a lower transaction cost. In order to cultivate higher financial returns for the services liquidity providers, the hybrid model will combine traditional order book functionalities […]
SnowdogDAO (SDOG), Avalanche’s first memecoin, lost 90% of its value yesterday
SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost more than 90% of its value yesterday in what many consider to be the platform’s largest rug pull SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost more than 90% of its value yesterday in what many consider to be the platform’s largest rug […]