Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain
The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.
Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
While Compound’s developers submitted a fix for the protocol’s bug on Sept. 30, the update won’t take effect until a seven-day time-lock on code updates has passed.
Crypto Twitter decodes why Zuck really named his goats ‘Max’ and ‘Bitcoin’
Mark Zuckerberg sent Bitcoin hodlers into a frenzy after naming his new pet goats “Bitcoin” and “Max.”
Fei Protocol struggles with a bug as holders are mostly unable to sell the token
A vulnerability patch left the protocol with only partial functionality, but the price is still holding.
Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund
Robert Leshner’s Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.
This Startup Is Forking Compound to Make Hiring More Efficient
Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens
Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.
Winklevoss Capital, Coinbase Back $1.8 Million Round for Bitski Crypto Wallet
Aiming to boost mainstream crypto adoption, Bitski has raised seed funding from the likes of Galaxy Digital, Winklevoss Capital and Coinbase Ventures.
DeFi Pioneer Compound Partners With Coinbase Wallet, Zerion for V2 Launch
For its Version 2 launch, crypto interest app Compound has partnerships with Coinbase Wallet, Zerion and a bridge to fellow DeFi leader Uniswap.