Uniswap Labs is reportedly in talks with Polychain and one of Singapore's sovereign funds to raise over $100 million in equity at a valuation of $1 billion to expand its offerings. Sources say there is no conclusion yet.
After the long wait, Cardano's Vasil upgrade is set to launch in a few weeks. This upgrade is coming a year after the popular Alonzo upgrade and promises greater scalability and lower transaction fees.
The DeFi platform released a streamlined protocol version that enhances security, capital efficiency, and user experience. This upgrade eliminates complexity while ensuring that Compound remains an effective tool for DeFi borrowers.
Crypto firm Galaxy Digital announced the company is terminating a $1.2B proposal to acquire digital asset trust platform BitGo in what could have been the biggest acquisition deal in crypto history. In response, BitGo threatened to sue Galaxy Digital with a $100M lawsuit.