# Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23

# Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23

“# Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23 ” Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where DeFi’s parabolic growth continued, elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins. What you’re about to read is the smaller…

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# Bitfinex launches the first L2 bridge from CeFi to DeFi

# Bitfinex launches the first L2 bridge from CeFi to DeFi

“# Bitfinex launches the first L2 bridge from CeFi to DeFi ” Crypto exchange Bitfinex has today announced a market-debut service to bridge its centralized platform with the layer-2 decentralized trading platform and subsidiary DeversiFi.  The bridge will provide users access to the permissionless and privacy-centric experiences of DeFi, in combination with the highly-liquid, accessible…

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# Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

# Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

“# Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms ” In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the crypto community are necessary for any project that looks to have long-term success in the ecosystem.  Recently, the emergence of layer-2…

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# Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

# Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

“# Multimillion-dollar investment rounds spark rallies in Avalanche and Audius ” Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors’ attention. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets…

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# Immutable raises M for its carbon-conscious NFT platform

# Immutable raises $60M for its carbon-conscious NFT platform

“# Immutable raises $60M for its carbon-conscious NFT platform ” Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and Gary Vaynerchuk’s VaynerFund. The funding round was co-led by gaming investment…

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