# Ethereum-based DeFi platform DeversiFi raises M in strategic investments

# Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments

“# Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments ” DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending a strong signal that demand for DeFi opportunities remains strong.  DeversiFi intends to make DeFi trading more accessible, allowing users to invest,…

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# Polygon active users grow by 75,000 as DeFi boom continues

# Polygon active users grow by 75,000 as DeFi boom continues

“# Polygon active users grow by 75,000 as DeFi boom continues ” Polygon, a leading platform for Ethereum (ETH) scaling and infrastructure development, has attracted 75,000 new users over the past seven days, highlighting growing demand for layer-2 decentralized applications.  The data, courtesy of DappRadar, shows that the top 20 Polygon dapps were responsible for…

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# FATF draft guidance targets DeFi with compliance

# FATF draft guidance targets DeFi with compliance

“# FATF draft guidance targets DeFi with compliance ” The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad…

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# Traditional finance has much to learn from new entrant DeFi

# Traditional finance has much to learn from new entrant DeFi

“# Traditional finance has much to learn from new entrant DeFi ” Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are…

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