Tag: DeFi

Jia, a FinTech startup focused on blockchain-based lending, raised an impressive $4.3m in seed funding. 

It is easy for Ethereum and other smart contract network users to be overcome with excitement for the opportunities the technology provides that they are not aware how risky trading on-chain can be. OMNIA, a blockchain infrastructure provider to protect systems, has explored the risk of frontrunning. 

UXUY, a Singaporean next-gen MPC-based decentralised trading platform, has raised $3.3m in a seed funding round.

Violet, a provider of privacy-protective compliance and identity infrastructure for DeFi, has bagged $15m in a funding round.

Brale, an Iowa-based firm that claims it enables decentralised and centralised finance to work hand-in-hand, has landed $11.1m in funding.

Huma Finance, an income-backed DeFi procotol, has scored $8.3m in a seed funding round led by Race Capital and Distributed Capital.  

The US’ Financial Stability Board (FSB) has outlined new measures it will carry out to explore the risks of DeFi.

Spectral, a company specialising in the decentralised finance space, has raised $23m from a funding round.  

The FBI has warned of an increase in attacks targeting decentralised finance (DeFi) platforms to steal cryptocurrency, according to Security Week.

Crypto investing platform Grizzly.fi has raised $26m in its ‘Community Fair Launch’, a launch strategy aimed at attracting attention of high-profile DeFi investors.