
DeFi Ecosystem Lost Over $10B in 2021: Report
It has been a big year for DeFi. Owinng to the increased interest in the space, decentralized finance saw a significant acceptance. Malicious entities saw a

It has been a big year for DeFi. Owinng to the increased interest in the space, decentralized finance saw a significant acceptance. Malicious entities saw a

Prominent DeFi lending platform, Aave has announced the launch of Aave Arc, which happens to be its permissioned version. The institutional crypto custody firm – Fireblocks

Binance Labs has announced a strategic investment in Coin98, a Vietnam-based blockchain company, to help grow the DeFi ecosystem of Binance Smart Chain (BSC).

Just a few days after raising $32 million on a token sale, the decentralized platform Umee announced the integration with Chainlink.

Algofi and Algorand Foundation has partnered to launch a $3 million liquidity incentive program that will distribute 2 million ALGO to the user of Algofi in Q1 of 2022.

Coin98 Finance, a blockchain-focused software company based in Vietnam, has officially announced the launch of its new DeFi product, Saros Finance, on the Solana blockchain network.

There is no stopping capital inflow in the cryptocurrency market. In the latest development, Coinbase Ventures and venture capital firm Sequoia China has led a $25

2021 has been non less than an extraordinary as well as a tumultuous year for the cryptocurrency industry. From tremendous institutional inflow to expansion across the
![Despite DeFi migration From Ethereum [ETH], Are L1s losing market share to L2s?](https://crypto-economy.com//wp-content/uploads/2021/12/l2-tvl.jpg)
L2 protocols are gaining traction, but it seems the market is moving towards a new direction in terms of DeFi services. Platforms like Anchor Protocol, Terra,

Swiss SEBA Bank is aiming at joining the permissioned institutional DeFi platform, Arc, built by popular DeFi protocol Aave.
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