Bitcoin to bucks: Crypto fans borrow to buy homes, cars—and more crypto
People use crypto-backed loans for the same reason they borrow against their stock portfolios: to reap the benefits of rising prices...
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Parallel Finance raises $22m in Series A funding
Palo Alto based DeFi protocol that offers lending and staking services raised $22m in Series A funding led by Polychain Capital.
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Looking ahead, Parallel plans to also raise more funds, said Ruan. "After we have TVL [total value locked] traction, we will do another...…
Offchain Labs raises $100m in Series B funding
Princeton based Ethereum rollup protocol raised $100m in Series B funding led by Lightspeed Venture Partners.
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“There’s just so much more demand than there is supply on Ethereum,” Goldfeder tells TechCrunch. “Rollups give you the security derived...…
Syndicate raises $20m in Series A funding
California based decentralized investing platform raised $20m in Series A funding led by a16z.
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The DeFi organization said the latest capital injection will be used to speed up the development of its decentralized autonomous...…
Square plans to build a decentralized bitcoin exchange, says Jack Dorsey
Square’s new TBD division is working on a Bitcoin-centric decentralized exchange. The planned DEX will be open-source and permissionless,...
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