Brazilian Asset Manager QR Launches First Local DeFi ETF
QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index. Source
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DeFi
DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation
10T Holdings, a crypto firm led by hedge fund manager Dan Tapiero, led the round. Source
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QR Assets launches DeFi ETF on Brazilian Stock Exchange
Brazilian crypto asset manager QR Assets has launched a decentralized finance exchange-traded fund, or DeFi ETF, on the Brazilian Stock Exchange.The DeFi ETF, called QDFI11, would track the Bloomberg Galaxy DeFi Index and make 100% of its investment in real DeFi assets. The DeFi ndex tracks Uniswap (UNI), Aaave Decentralized
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Latest DeFi bridge exploit results in $4.4M losses for Meter
The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans.Meter.io’s Meter Passport (MTRG) is a token bridge that is compatible with Ethereum and its sidechains. This attack affected the Moonriver
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Aleo Blockchain Raises $200M for Privacy-Minded DeFi
“Zero-knowledge execution,” or Zexe (pronounced “sexy” with a Z), is Aleo’s smart contracts-friendly evolution of ZKPs. It will see users execute off-chain transactions that pair with on-chain cryptographic proofs. Crunching often complex transactions off-chain promises more “scalability, efficiency and privacy” than doing it all on-chain, according to Pruden. Original Source
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Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate
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Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes – Defi Bitcoin News
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange (dex) Curve’s
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Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital assets or decentralized finance, which could adversely affect platforms that facilitate crypto transactions. Some cryptocurrency advocates — including SEC Commissioner Hester Peirce — believe that
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Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
There are dozens of decentralized stablecoins now on the market, which is largely dominated by centralized alternatives like Tether and USDC. Additionally, generating interest and usage is an uphill battle if lending protocols, and other DeFi platforms don’t accept deposits. Original Source
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New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner
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