Cryptocurrency19 minutes ago (Jun 03, 2022 05:40PM ET)
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched a $500 million fund to support and promote Web3 adoption.
Singapore’s central bank partnered with JP Morgan to explore DeFi applications in wholesale funding markets by establishing tokenized bonds. KuCoin launched its very decentralized wallet with DeFi and nonfungible token support.