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Chilling Operation Chokepoint 2.0 Revelations: Over 30 Tech Founders Allegedly Debanked

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Marc Andreessen, a co-founder of venture capital behemoth Andreessen Horowitz, recently referred to the effects of Operation Chokepoint 2.0, an initiative focusing on debanking cryptocurrency operators and even tech founders. Marc Andreessen: Operation Chokepoint 2.0 Affected Over 30 Tech Founders More details are coming about the measures that the current administration took against cryptocurrency-linked businesses … Read more

Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle

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The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was a good year for venture capital (VC) entering the crypto and blockchain … Read more

Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion

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In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin held in TVL worth more than $13 billion and $15 billion has been … Read more

After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year

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The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape of defi platforms and applications. At the … Read more