Welcome to the 187th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between March 17th and March 24th, 2024.
🔥 The DeFi Bulletin
- Slerf, a Solana memecoin, accidentally burnt $10M in funds raised from its presale investors.
- ParaSwap discovered a vulnerability that led to 4 users losing $24K total.
- The Ethereum foundation released its report on the Sepolia incident.
- Alexey Pertsev was accused of laundering $1.2B through Tornado Cash.
- According to a federal judge, the SEC committed a “gross abuse of power” in its lawsuit against DEBT Box.
- The SEC delayed its decision on a VanEck spot Ethereum ETF, instead asking for public comments.
- BlackRock entered the asset tokenization race with its new fund.
- Robinhood rolled out its crypto wallet to Android users.
- Meld, a Lithuanian-licensed crypto bank, is to offer tokenized RWAs to retail investors.
- Aavegotchi is to launch its L3 Rollup using Base as its settlement layer.
- Libre, a Polygon-based tokenization platform, went live.
- Dymension introduced fraud proofs with Dymension RollApp standards.
- Dragonfly Capital released its 2023 Crypto Compensation Report.
- Nouns announced its collaboration with Farcaster, with Nouns set to fund three-month long sprints that will build communication clients using Farcaster.
- Figure announced the launch of Figure Markets, after securing $60M in funding.
- Espresso raised $28M in Series B funding, with the round led by a16z.
- Morph, an Ethereum L2, closed a $20M funding round.
- MANTRA Chain, a project that aims to be a hub for RWAs on Cosmos, raised $11M in funding.
- GRVT, a CEX, announced its $2.2M strategic fundraise.
- 10x shard opportunities are still available on Ethena.
💵 State of the Stablecoins
- The passage of a stablecoin bill in 2024 seems more and more unlikely with the appearance of new roadblocks.
💱 DEX Report
Thanks for reading, and be sure to catch the 188th issue of The Defiprime Post out this time next week! 👋♦️👋
