European Defiers better buckle up, because regulators in the EU are attempting to tighten the rules on crypto transfers.  On July 20, the European Commission, the executive branch of the European Union, announced a package of legislative proposals to strengthen the EU’s anti-money laundering and counterterrorism financing (AML/CFT) rules. The legislative proposal moves to apply…

Bucking a bearish crypto market, FTX, the two-year-old cryptocurrency exchange, announced a $900M Series B funding round at a valuation of $18B, the company said in a statement released yesterday.  The deal is a clear sign that for all the angst in the markets, well-heeled investors are only too eager to play the long game…

Polygon is raising a $100M fund to support blockchain game developers and NFT creators, and tapping the chops of Atari, the trailblazer that gave the world Pong, Space Invaders, and Asteroids. Polygon has already attracted over 100 NFT and gaming projects, according to awesomepolygon.com. But now the scaling solution is pursuing a far more ambitious…

BMI is an index of stablecoin yield farms from BasketDAO. It's automatically rebalanced monthly to ensure that yields are high and risk is diversified.

Sushi has officially announced their next generation automated market maker (AMM) Trident.  While SushiSwap started out as a fork of Uniswap, the announcement explicitly states that Trident is a new AMM “and not a fork.” Trident will focus on capital efficiency (ie: the ratio between invested capital and return) and integrate Sushi’s many products. Trident…

The NFT marketplace OpenSea has reached a $1.5B valuation after a $100M Series B funding round led by a16z. This makes OpenSea the newest NFT-based unicorn, or a privately held startup company valued over $1B. A16z also led OpenSea’s $23M Series A round in March. This year, the venture giant also invested in Dapper Labs,…

The crypto market’s all-time highs are just a memory. The summer slump now seems to be deepening into something more disturbing. And it’s not so far-fetched that Bitcoin may give back all of its gains since the first quarter if bears continue their rampage. Gird yourselves, it’s white-knuckle time in crypto. On Tuesday, Bitcoin had…

Jack Dorsey, the Twitter CEO and Bitcoin enthusiast, wants to bring decentralized finance onto the OG cryptocurrency protocol. On July 15, Dorsey announced that his financial services and digital payments company, Square, is creating a new business focused on bringing non-custodial, permissionless DeFi services to Bitcoin. The new company, which is called “TBD” (just like…

Uniswap V3 has launched on Optimism. This is wild. It’s pretty fast to get over there but it takes a week to come back so be aware of that.

In this week’s episode Camila Russo interviews Raoul Pal, who retired from the hedge fund world at 36 years old and has run financial media company Real Vision for the seven years since. He predicted the housing bubble, he was early to call the devastating effect the pandemic would have on the economy, and now he gives us his…