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December 07, 2023

🪂DeFi Lending Posts 15-Month High

The Defiant

DeFi Alpha

Together with

Together with

GM Defiers!

Web3 users have taken out more than $6B worth of loans from decentralized lending protocols, signifying strong DeFi activity amid the recent crypto rally. The data shows traders are using lending protocols as decentralized vehicles for leverage as the markets build momentum.

Plus, leading Latin American banking providers are embracing crypto, Bitcoin miners are boycotting inscriptions, Arbitrum is extending its grants program, and Helium is tapping T-Mobile's telecommunications infrastructure.

✍️ In today’s newsletter:

  • $6B in DeFi loans outstanding
  • Latin America's mainstream crypto push
  • Ocean mining pool blocks inscriptions
  • Arbitrum approves 26 grants
  • Helium competes in telecommunications

🙏Sponsored

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🎬 WATCH

Check out our recent interviews with Ethereum's chief scientist, Vitalik Buterin, and MakerDAO's co-founder, Rune Christensen, from the Devconnect conference in Istanbul. And watch our podcast with Arjun Bhuptani, the founder and CEO of Connext Labs, to learn about the forefront of cross-chain interoperability.


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