DeFi Angels, VC Firms Back $2M Round for Data Provider Dune Analytics
Ethereum data firm Dune Analytics, which has stood out from the pack for its focus on DeFi projects, has raised a $2 million seed round.
BitMEX is soon to offer futures contracts for DeFi project yearn.finance (YFI), Polkadot (DOT) and Binance coin (BNB).
DeFi investors are reeling from another case of pseudonymous treachery as Yearn.Finance community leader Blue Kirby allegedly absconded with ill-gotten gains.
Pickle Finance was recently hit by an exploit in which $19.7 million in DAI was lost.
Andre Cronje, the prolific coder and creator of Yearn, said he's quit the project – and decentralized finance (DeFi) altogether – out of frustration with its realities.
NFTs had managed to be expensive but they had not managed to be liquid – not until DeFi thinking intervened.