# ‘Sidequests,’ sponsorships, and e-sports as DeFi protocols ponder user acquisition

# ‘Sidequests,’ sponsorships, and e-sports as DeFi protocols ponder user acquisition

“# ‘Sidequests,’ sponsorships, and e-sports as DeFi protocols ponder user acquisition ” One of the most intractable problems in DeFi may be facing a ecosystem-wide effort as a growing number of protocols are beginning to get creative with their advertising and outreach efforts.  Automated market maker Uniswap announced today a collaboration with esports group Team…

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# Composable Finance raises M for cross-chain and cross-layer DeFi interoperability

# Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability

“# Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability ” Composable Finance, a DeFi interoperability protocol has announced a $7 million raise backed by 16 notable blockchain investment firms. According to a release issued on Tuesday, the funding round was led by Advanced Blockchain AG and Rarestone Capital. Other participants included Alameda Research,…

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# Bitcoin and Ethereum fees slump to six-month low

# Bitcoin and Ethereum fees slump to six-month low

“# Bitcoin and Ethereum fees slump to six-month low ” The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn. According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an early-April all-time high of $62.77 to around $7.20…

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# Thailand to target DeFi in latest regulatory clampdown

# Thailand to target DeFi in latest regulatory clampdown

“# Thailand to target DeFi in latest regulatory clampdown ” In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi. According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may…

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# 0x launches DEX liquidity API on Polygon

# 0x launches DEX liquidity API on Polygon

“# 0x launches DEX liquidity API on Polygon ” 0x has released a Polygon version API for its decentralized exchange (DEX) liquidity aggregator, opening up the 0x API tool to the expanding Polygon market. The DEX liquidity bridge service announced the move via a release issued on Monday, marking another milestone for the burgeoning decentralized…

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# Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols

# Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols

“# Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols ” In a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived.  Offchain Labs announced the launch of Abritrum One with a blog post late last night. Arbitrum…

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