DeFi Daily News,February 26th, 2021

ONEROOT
1 min readFeb 26, 2021

1. Bitcoin was trading within a narrowed range on Thursday, as investors and traders were cautiously optimistic after the latest pullback, which took bitcoin’s price down close to $45,000 earlier this week. Bitcoin (BTC) trading around $49,194.33 as of 21:00 UTC (4 p.m. ET). Slipping 0.13% over the previous 24 hours, which trading range was between $48,091.13-$52,076.32.
2. According to the ChainNews, the smart contract platform Fantom Foundation has deployed Curve Finance to the Fantom platform, allowing users to connect Fantom’s Metamask wallet to Curve. This means that users can now trade USDC and DAI on Fantom Foundation.
3. According to BlockBeats news, on February 26, the DeFi Alliance announced the launch of its first fund, DeFi Alliance Fund I, which was founded by alliance members and co-led by the founding partner and Mark Cuban. Participants in the alliance and fund include institutional market-making companies, DeFi capital, and some investors. For example, Altonomy, Alameda, ParaFi Capital and Multicoin Capital; 0x Labs, Blockstack, Solana and Terra agreements; and Amir Bandeali, Jack Herrick, Joseph Lubin, Kain Warwick and Stani Kulechov.
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