Lyra Raises $3m Strategic Round led by Framework Ventures & GSR
Lyra has raised $3m from Framework Ventures and GSR in a strategic round. Lyra will continue to work with respected and capable venture capital partners as the protocol continues building towards the vision of becoming the volatility engine that powers DeFi. <a href="https://www.lyra.finance/">Lyra</a> is a protocol for options liquidity built on Ethereum.
DeFi Giants Aave Freezes Markets and Cap Loans to Mitigate Risks
Aave executed a proposal to freeze the markets for 17 different assets in the Aave V2 lending pool on the Ethereum network, including the Yearn. Finance (YFI), Curve DAO (CRV), Gemini Dollar (GUSD), Maker (MKR), and 1inch (1INCH) tokens.
France, Luxembourg Test CBDC for 100M Euro Bond Issue
France and Luxembourg have used an experimental central bank digital currency (CBDC) to settle a bond worth 100 million euros ($104 million), the latest in a series of trials in tokenized financial markets.
CeFi Must Adopt DeFi’s Transparency Following FTX Collapse, Justin Sun Says
Centralized exchanges (CEX) must adopt transparency measures prevalent in <a href="https://forkast.news/explainer-decentralized-finance-defi-guide/">decentralized finance (DeFi)</a> to restore public trust, <a href="https://forkast.news/video-audio/nft-defi-tron-justin-sun/">Tron founder Justin Sun</a> said in a panel discussion at the Philippine Blockchain Week event on Tuesday.
Fantom (FTM) Up 10% After Cronje Article – Is $0.31 Possible?
The 69th largest cryptocurrency by market capitalization, Fantom (FTM), has shown relative strength over the past seven days, rising 29%. Over the past 24 hours, it even stands at a gain of 10%.
DeFi Giant MakerDAO Holds Voting on Hiking DAI Stablecoin Rewards
DeFi giant <a href="https://www.coindesk.com/learn/how-does-makerdao-work-understanding-the-central-bank-of-crypto/">MakerDAO</a>'s community is voting on increasing the annual reward for its <a href="https://www.coindesk.com/price/dai/">DAI</a> stablecoin up to 1%.
Japanese Regulator Suggests it May Be Preparing to Police DeFi
The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector.
Whole DeFi Industry Dominated by Just Two Applications
DeFi, or decentralized finance, is a blockchain-based alternative to traditional financial solutions, including banking, exchange, funding and so on. However, the state DeFi is in right now raises a lot of questions about the future of the industry.
Decentralized Finance Needs Decentralized Regulation, Here Is Why
Given the infancy of DeFi markets, we can initiate global forums with appropriate stakeholders around the table like blockchain developer communities.
FTX Disaster Is the Best Example for the Downfalls of CeFi
While the initial idea of Bitcoin and DeFi was sovereign asset management, the reality of the vast majority of token holders today is far from sovereign.
