BTC, ETH and BNB Trade At A Premium On Binance.US After Court Orders Asset Freeze

Binance Outflows Slow After SEC Crackdown 

Aave v3 launches on Ethereum layer-2 network Metis

May 08 - Decentralized liquidity protocol Aave has deployed on Ethereum layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem.

Bitget introduces the BRC20 zone and lists Ordinals (ORDI)

May 10, Victoria - Bitget, the top derivatives and copy trading platform listed ORDI token in the newly launched BRC-20 zone and revealed plans to bring other BRC-20 tokens to its platform. In addition to ORDI, Bitget has also announced a new round of Launchpad featuring another BRC-20 token, Bitcoin Improvement Proposals 1 (BIP1), to further support the continuous improvement of the Bitcoin ecosystem.

Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

Gibraltar — 9 May 2023 - Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of the month.

Tether Earns a Staggering $1.5 Billion in Q1, Doubling Its Previous Quarter's Profit

Tether Holdings Limited published its assurance opinion for Q1 of 2023 completed by BDO Italia, a top five-ranked global independent public accounting firm. The attestation re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which breaks down the assets held by the group as of March 31, 2023. 

Talos Acquires D3X Systems to Expand Pre-Trade Capabilities into Portfolio Engineering

NEW YORK, May 9 - Talos, the premier provider of institutional digital assets trading technology, has acquired D3X Systems, a developer of institutional technology to support systematic investment strategies. 

BingX CEX listed $PEPE, A Meme coin and Looks to List More


SINGAPORE - 11 May 2023 - BingX, one of the leading cryptocurrency exchanges, has listed $PEPE, one of the most popular meme coins in the market, and is actively seeking to list more meme coins in the future.

Ankr and Midas Unite to Transform DeFi Liquidity Provision with Liquid Staking

The partnership between Ankr and Midas has resulted in the creation of an innovative liquidity pool that addresses one of the key limitations of traditional staking. With the Ankr Liquid Staking solution, users can earn rewards while maintaining their asset liquidity.

PUBLC Beats Google to the Punch by Integrating Large Language Models into its Search Engine

PUBLC announced the paradigm-shifting integration of Large Language Models (LLMs) into its search engine, a transformative move that firmly positions the startup as a pioneer in the rapidly evolving search industry.

Neutron Launches as the First Consumer Chain on Cosmos

Neutron, a blockchain network designed to bring smart contracts into the Cosmos network by using CosmWasm (Cosmos WebAssembly), has received a green light from the Cosmos Hub, the interchain service provider for Cosmos, to launch on Replicated Security (RS).

iDenfy partners with Fincapital Partners to provide automated KYC and AML checks

The full-stack identity verification, fraud prevention, and compliance startup iDenfy has recently announced joining forces with Fincapital Partners, the all-in-one banking and asset management platform. The fintech will use iDenfy’s ID verification for a frictionless onboarding process while screening automatically screening customers for automated AML checks.

Impossible Cloud Certifies New German Data Center


Impossible Cloud, the revolutionary, enterprise-grade cloud platform that offers decentralized, multi-service cloud solutions, today certified a new German data center, located in Frankfurt, with plans to handle client data beginning June 1.

Inspect Announces Strategic Collaboration with Polygon Labs to Accelerate NFT Ecosystem and Community Growth

Seychelles, May 10, 2023 -- Inspect, a leading force in the Web3 sphere and innovator of pioneering tools and technologies that foster NFT and cryptocurrency adoption through SocialFi and Web3 social analytics, is delighted to announce a strategic alliance with Polygon Labs.

AirDAO Announces Transition To Decentralized Leadership

With a renewed vision and new leadership, AirDAO has embraced a community-first approach and is now empowering its global community to take the reins of its future. This groundbreaking shift marks a significant leap forward for AirDAO and decentralization in web3.

Get Ready for “Anthony James – Platonic Solids” – the Next Highly-Anticipated NFT Collection Drop from GODA

Renowned British-born, Los Angeles-based artist Anthony James announced a groundbreaking collaboration with the Gallery of Digital Assets (GODA). The artist is creating a series of NFTs using sacred geometries. Let’s dig into this new project!

Easy Crypto Appoints ONZM Mitchell Pham To Its Global Board

Auckland, New Zealand – May 9 - Recent recipient of the New Zealand Order of Merit joins New Zealand’s leading crypto exchange’s 80% female board.Kiwi cryptocurrency platform, Easy Crypto, has announced the appointment of Khoa Dang (Mitchell) Pham to its board. 

WEMIX Unveils ‘WEMIX BURN Platform’ to Support Healthy Long-Term Growth of WEMIX3.0 Mega-Ecosystem

SEOUL, South Korea, May 11 -- Leading global blockchain developer WEMIX has unveiled the WEMIX BURN platform to promote the healthy growth of the WEMIX3.0 Mainnet mega-ecosystem by balancing issuance and incineration through the WEMIX BURN Program.

📥 Inbox

Blockworks Announces Fundraise at $135 Million Valuation

Today, we’re excited to announce a $12 million dollar investment led by 10T Holdings with participation from Framework Ventures and Santiago Santos.

Cable raised an $11M Series A to build more of what our customers want

Cable raised an $11M Series A from Stage 2 Capital and Jump Capital, with ongoing involvement from our previous investors CRV.

LimeWire raises $10 million in a private token sale to grow music-linked NFT platform

LimeWire has raised $10.4 million in a private token sale led by Kraken Ventures, Arrington Capital, and GSR as it builds its platform for music-focused NFTs.

Tabi NFT marketplace completes $10 million funding round

The funding round was backed by six venture capital firms, including Animoca Brands, Binance Labs, and Youbi Capital. Individual investors included Bo Feng of Dragonfly Capital and Suji Yan of Mask Network among others. 

TABOO Shakes Up Adult Industry With $10M Investment

TABOO Network, a cutting-edge adult entertainment and media platform, recently announced the successful close of a $10 million funding round. The company now boasts a valuation of $250 million, with the investment spearheaded by a private family office led by a former senior executive from JP Morgan.

Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. The company plans to use the new capital to scale its intellectual property and team.

Decentralized Wallet Developer Odsy Network Raises $7.5M at $250M Valuation

The funding round was led by Blockchange Ventures and included participation from Rubik Ventures, Node Capital, and FalconX among others.

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M

Webb Protocol, the creator of zero-knowledge infrastructure that allows for private cross-blockchain asset transfers, has raised $7 million in a seed funding round co-led by Polychain Capital and Lemniscap.

💰 Funding

 where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms.

Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.

At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. 

Look at this as the starting point to DYOR

We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place. Keep in mind these have been unedited. With that—here we go!

📬 Inbox Dump #102

Inbox

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