Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital
One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup.
Blockchain startup OXIO raised a $12 million Series A to make “Telecom-as-a-Service” as common as SaaS.
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others.
The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi.
With popular online trading platforms hit by more outages amid high volumes, companies like Robinhood may learn something from crypto exchanges.
Blockchain data startup The Graph has raised $5 million in a token sale with Framework Ventures, Coinbase Ventures, Digital Currency Group and others.
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.