Future Finance - Issue #120: Bitpanda Raises $263M, Cryptosecurity Investments Are Up, And White Hats Defused A Potential $350M Heist on SushiSwap

Welcome to another issue of Future Finance, your weekly off-chain newsletter about the world of on-ch

Future Finance - Issue #120: Bitpanda Raises $263M, Cryptosecurity Investments Are Up, And White Hats Defused A Potential $350M Heist on SushiSwap By Alan Tsen • Issue #120 • View online Welcome to another issue of Future Finance, your weekly off-chain newsletter about the world of on-chain finance. And always, there's no shortage of news from the industry. So grab a coffee (or beer), and let's get into this week's news from the world of open and decentralised finance. 👉 Got some interesting news I should include in my newsletter? Feel free to respond to this email or hit me up on Twitter - my DMs are always open. — Alan Tsen 👊 💯 Ps. If you like what I'm doing here, please feel free to share it on your favourite social media network. Also, it'd be great if you forwarded this newsletter to a friend you think might enjoy it.

📰 News This Week

Inside the Data Driving Axie Infinity's Torrid Growth Axie Infinity has recorded unprecedented growth in the crypto space. This week the data confirmed that it surpassed more than $1 billion in sales and the equally spectacular achievement of one million daily users. Where is the limit for Axie Infinity? Will play-to-earn help to expand crypto adoption to the young generations? Can traders benefit as well from this growth? thedefiant.io  •  Share

White Hats Just Defused a Potential $350M Heist on SushiSwap Because of the collective efforts of the white hats, SushiSwap says no funds have been lost. The fix was accomplished in under 5 hours. www.coindesk.com  •  Share

Trading platform Bitpanda raises $263M at a $4.1BN valuation It's not even half a year since crypto exchange Bitpanda announced a $170M Series B — when, back in March, Austria's first unicorn was being valued at $1.2 billion. Today it's topping that: Announcing a $263M Series C, led by Peter Thiel's Valar Ventures, with the fintech startup now valued at a whopping $4.1BN — […] techcrunch.com  •  Share

Source: Crunchbase

Venture Investment In Cryptosecurity Jumps 10x Over Last Year As Sector Hits Sweet Spot With Venture Capitalists What do you get when you combine never seen before investment in cybersecurity with the increasingly heated interest in cryptocurrency? You get a banner year for investment in cryptosecurity, with venture dollars invested in the sector already past $1 billion this year. news.crunchbase.com  •  Share

Custody Firm Anchorage Launches Governance Voting With DeFi Giant Aave Anchorage is offering blockchain governance voting services, starting with decentralized finance (DeFi) major Aave. www.coindesk.com  •  Share

Moving Beyond Coin Voting Governance One of the important trends in the blockchain space over the past year is the transition from focusing on decentralized finance (DeFi) to also thinking about decentralized governance (DeGov). While the 2020 is often widely, and with much justification, hailed as a year of DeFi, over the year since then the growing complexity and capability of DeFi projects that make up this trend has led to growing interest in decentralized governance to handle that complexity. vitalik.ca  •  Share

Source DeFi Report Q2 2021

DeFi Report Q2 2021 In Q2 2021, more financial analysts, media, politicians, and entrepreneurs began to ask the question: what is DeFi, and what is it good for? In previous editions of the ConsenSys DeFi report, we've covered the rise of stablecoins, how decentralized exchanges and automated market makers work, and the new types of DeFi assets that power borrowing and lending protocols. consensys.net  •  Share

Polygon Will Create A Decentralized Autonomous Organization Polygon called on its members and DeFi projects to express their views on the platform forming a decentralized autonomous organization. cointelegraph.com  •  Share

Twitter Taps Crypto Developer To Lead 'bluesky' Decentralized Social Network Effort Twitter's ambitious upstart decentralized social media working group "bluesky" took an important step Monday as the social media company appointed a formal project lead who will direct how the protocol develops moving forward. Crypto developer Jay Graber was tapped by Twitter to helm the initiative, which the company hopes will eventually create a decentralized social […] techcrunch.com  •  Share

TikTok Chooses Blockchain-Powered Audius for First Music Integration If TikTok is a window into what teens are up to these days, then crypto has a place beside dance videos.  thedefiant.io  •  Share

🎧 Podcasts Of The Week

Institutional DeFi Infrastructure | Fireblocks' Michael Shaulov Fireblocks is building infrastructure to help businesses adopt digital assets with a suite of products, providing institutions access to DeFi with security and convenience. Last month, Fireblocks raised over $300 million at a $2.2B valuation. CEO… pca.st  •  Share

MoFi Consensus JPEG Summer Kevin Rose and DCinvΞstor discuss "JPEG Summer," Wallet security and legacy planning, Kevin's sell and buy strategy with Cryptopunks, as well as his NFT Blockchain archeology. pca.st  •  Share

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By Alan Tsen Future Finance is a curated newsletter sent to your inbox every week. We cover all the most important news in the world of decentralised finance. It takes 10 minutes to read and provides you with all the essential news. Tweet     Share

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