Welcome to the 177th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between January 7th and January 14th, 2024.
🔥 The DeFi Bulletin
- A Spot Bitcoin ETF received official approval from the SEC.
- Buterin endorsed raising Ethereum’s gas cap by 33%.
- Starknet’s governance approved a vote to add the ability to use $STRK for paying transaction fees.
- The Near Foundation is to lay off 40% of its staff, with a statement that the treasury “remains strong.”
- Polygon collaborated with Libre on Polygon’s CDK.
- Berachain unveiled its Artio testnet ahead of its mainnet.
- SKALE’s Chain Pricing model went live.
- Y2KFinance introduced Turbo Options Vaults.
- Bitfinity, a Bitcoin L2, raised $7M in a token round.
- Altitude, a project that aims to make DeFi loans more efficient, secured $6.1M in seed funding.
- Saros closed a $3.75M private round, which included investors like Solana Ventures and Hashed.
- TrendX, a trading platform that tracks trends using AI, raised $1M in seed funding.
- Particle raised an undisclosed amount of seed funding, mainly from Polychain Capital.
- Polyhedra secured an undisclosed amount of funding from OKX Ventures.
💵 State of the Stablecoins
- The Aave Community voted to integrate $PYUSD into Aave’s Ethereum pool.
💎 NFT News
- X removed support for NFT profile pictures.
- GameStop killed its NFT marketplace.
- OpenSea introduced the ability to make wallets with email addresses.
Thanks for reading, and be sure to catch the 178th issue of The Defiprime Post out this time next week! 👋♦️👋
