BITPRISMIA
A notable change has occurred for the decentralized finance (DeFi) sphere—the $MORPHO token has accumulated considerably across the hands of both institutional and savvy retail investors. Just in the past 24 hours, two high-profile individuals have made some serious buys of the token, which now seem...
The Paxos tokenized gold (PAXG) market on DeFi protocol Morpho Protocol suffered an exploit today, leading to a $230,000 loss. According to Chaos Labs founder Omer Goldberg, the incident was caused by a mistake during the setup of the Oracle pricing for $2.6 trillion. In a post-mortem of the inciden...
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
According to Gauntlet, the move offers the potential for more money with greater flexibility.