The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors
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Polygon active users grow by 75,000 as DeFi boom continues
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning DApps, up considerably over the past four weeks.
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DeFi growth helps push crypto’s share of the global money supply above 2%
The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption.
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1inch Network increases liquidity sources by expanding to Polygon
Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools.
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Balancer protocol launches version 2 of its automated market maker
Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry.
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GameStop saga paves the way for a new decentralized financial order
The GameStop saga may indicate a paradigm shift in the financial system or even the creation of an entirely new one.
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