Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbyin...
All revenues from secondary sales will also be disbursed to support DeFi lobbying efforts globally. Nonfungible tokens (NFT) depicting cartoon lobsters in suits have raised more than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector.On August 5, nonfungible token platform and community Universe sold out if its Lobby Lobster NFTs in less than one hour, raising roughly $4 million.Wow Already $4m raised for lobbying efforts in DC. Let’s go Lobby Lobsters community. pic.twitter.com/VeT1XymMoL— Universe.XYZ (@universe_xyz) September 5, 2021 Each NFT....
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Lobsters support DeFi’s endeavours amid regulatory clampdowns — all that and more, only in Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that mammalian–invertebrate combat, feel free to scroll on and read the top choices for the week’s most impactful stories. What you’re about to read is a shorter, more succinct version of the newsletter. For a comprehensive summary of....
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million.
Defi Dashboard Debank Raises $25 Million
2021 was a good year for venture capital (VC) entering the crypto and blockchain space. Estimates show that VCs invested roughly $30 billion into the crypto industry. The $30 billion invested in crypto and blockchain is four times larger than the investments made in 2020.
Debank has....
There has been a lot of debate around decentralized exchange Uniswap and the DeFi Education Fund (DEF). This entity received $20 million or 1 million UNI, the protocol’s native governance token, to be lobby and increase the DeFi sector level of adoption. The funds are to be liquidated in 4 to 5 years. The proposal […]
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter seen by Bitcoin.com News, the lobby group’s president Kurai Matsheza explained that the heavy-handed approach towards the foreign exchange challenge would be unsettling to markets. To ensure that this challenge is fully tackled, the CZI boss insists that measures, which were agreed upon by....
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A Co-Led by Pantera Capital, Castle Island Ventures, Franklin Templeton Blockchain Fund The defi marketplace Arcade has raised $15 million in capital during a Series A financing round, according to the company. The investment....