Membrane Labs, a cryptocurrency-focused trading and lending platform, raised $20 million in a Series A funding round, with participation from big names like Brevan Howard Digital and Point72 Ventures. The capital will be used to help build the type of grown-up trading infrastructure the crypto space needs in order to avoid further disasters. Other notable names included in the round were Jane Street, Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading and Framework Ventures.
Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites reliability debate
A Chainlink value feed’s alleged malfunction led to greater than $500,000 in liquidations on Could 29, sparking contemporary debate over...
