Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch
Multicoin Capital, ConsenSys Labs, Hashed and others are providing fresh funding for the mainnet launch of ethereum's SKALE Network.
Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi tends to rise. Most recent data indicate the relationship operates the other way, too.
In December, we invited two fund managers, both long bitcoin and other crypto assets, for a CoinDesk Research webinar on lending and staking. Jordan Clifford of Scalar Capital and Kyle Samani of Multicoin Capital joined us to discuss how they evaluate risk and returns in crypto lending and staking, what crypto assets' risk-free rate might look like, and what DeFi needs to do to attract investors and new users.
A longtime feature of stock exchanges, circuit breakers throw sand in the gears of a plummeting market like last week’s. Should crypto adopt them?
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.
Arweave, a startup building a decentralized storage protocol for the world's knowledge, raises $5 million via token sale from a16z, USV and Multicoin.