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Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

Digital asset investment firms poured $2.7 billion into decentralized finance (DeFi) projects in 2022, up 190% from 2021 as investments into centralized finance (CeFi) projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding

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PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs

Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols.With an automated risk management platform, Chaos Labs protects crypto protocols against external exploits and risks. The platform does this by

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