#DeFi
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Avalon Labs Raised $10M to Grow Its Bitcoin DeFi Ecosystem
Avalon Labs, a startup focused on growing BTCFi (Bitcoin DeFi), announced that it raised $10 million in a Series A funding round led by crypto VC Framework Ventures. Participants included Kenetic Capital, UTXO Management, SNZ Holding, and others.Financial Nihilism: Definition, Origins, and Consequences
Economic and cultural shifts often give rise to new philosophical currents. The 2008 financial crisis, paired with the advent of cryptocurrencies, fostered the emergence of financial nihilism—a deep-seated skepticism and loss of trust in traditional financial systems. 
DeFi Tokens Surge 20% on Trump’s Anticipated Election Win
Several DeFi sector cryptocurrencies posted daily gains exceeding 20% after Donald Trump appeared as the clear winner of the U.S. presidential election on November 6. Investors are optimistic that the new White House administration will foster a more favorable climate between regulators and the crypto industry.
Uniswap's Economy Is About to Change: Research Says
The economy of Uniswap, a leading decentralized exchange, is about to change. Michael Nadeau, the founder of the blockchain research services The DeFi Report, wrote on X that the platform and UNI token holders will begin to benefit from network activities.
Chainalysis Report: Global Cryptocurrency Adoption in 2024
Chainalysis released its latest Global Cryptocurrency Adoption Index for the first half of 2024. The report is calculated using several parameters, including the usage of DeFi and CeFi protocols, to evaluate the level of cryptocurrency adoption across more than 150 countries.