Camila Russo

InsurAce Raises $3M in Round Led by Alameda & HashKey

InsurAce, the Singapore-based insurance protocol, raised $3M in a token-based funding round led by Alameda Research and HashKey Capital. Investors from the project’s $1M seed round, DeFiance Capital, ParaFi Capital, Hashed and Signum Capital, also participated. The round was completed with institutional investors, including, IOSG Ventures, ImToken Ventures, LongHash Ventures, HashGlobal, Tembusu Partners, Factorial Ventures, …

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Dedaub Claims $250k in Bounty for Primitive Finance Bug

ArmorFi CTO Robert Forster has awarded the Dedaub Team $250k $ARMOR tokens following the successful disclosure of a critical vulnerability in Primitive Finance to Immunefi. The award is part of the R Bounty program, now renamed the Founders Bounty, where Foster, working together with Immunefi, pledged that amount to anyone who discovered a flaw in …

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dYdX is Latest Major DeFi Project to Move to L2

Trading Ethereum-based assets is about to get cheaper. Decentralized exchange dYdX is moving its perpetual derivatives trading off the Ethereum main chain to a Layer 2 scaling solution.  dYdX, the 7th largest DEX by volume, is moving its cross-margined perpetuals contracts to a Layer 2 protocol built over the past seven months together with StarkWare, …

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DeFi Dev Offers $320k to Whoever Finds Critical Bug in Ethereum Dapp

ArmorFi’s CTO Robert Forster is partnering with bug bounty platform Immunefi to personally offer the equivalent of $320k to anyone who can find a critical smart contract bug in any Ethereum ecosystem project. The program, which is hosted on Immunefi and called the R Bounty, is designed to encourage responsible disclosure of critical vulnerabilities. The …

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Equilibrium Creating Version of Curve on Polkadot

Equilibrium, an interoperable money market, announced on a Feb. 9 Medium post plans to create a version of Curve Finance’s automated market maker on the project’s chain within the Polkadot ecosystem. Equilibrium will be able to facilitate trading for homogeneous assets on Polkadot, whether they are DOT-based or different tokenized versions of the same asset, …

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