Aave Companies acquired Sonar, a mobile social gaming app that supports NFT-based avatars, in an effort to expand Lens Protocol for identity across web3 consumer products. Sonar co-founder Ben South Lee joins Aave as senior vice president of product and design. His brother, Sonar co-founder Randolph...
Facing a phalanx of regulators, cryptocurrency lending platform Nexo says it is "phasing out" the U.S. side of its operations.  In a statement announcing a "gradual" departure, Nexo cited a "dead end" in talks with U.S. regulators.  In particular, the firm noted a recent scramble from state regulato...
Panoptic, a Uniswap-based decentralized finance protocol for trading perpetual options, raised $4.5 million in a seed funding round. Gumi Cryptos Capital led the round, with Uniswap Labs Ventures, Coinbase Ventures, Jane Street, Avalanche Foundation's Blizzard fund and others participating, Panoptic...

3 coins to keep an eye on 👀

Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis.