Tagged: cefi

August 19, 2023 @ 4:54 pm By Omar Faridi  |  

Enclave Markets, which claims to be the world’s first fully encrypted exchange (FEX) that combines the best parts of centralized and decentralized finance, announced it has integrated with Talos, the provider of institutional digital assets trading technology. Eligible Talos clients will now be “able to… Read More

August 16, 2023 @ 8:30 am By Omar Faridi  |  

  We recently caught up with the former CEO of Midas Finance, who built a $300 million crypto-fund that has gone bankrupt with the CeFi market collapse and who claims he has taken all his lessons with him to revive growth back into DeFi with… Read More

July 31, 2023 @ 7:27 pm By Omar Faridi  |  

Enclave Markets, which claims to be the world’s first fully encrypted exchange (FEX) that combines the best parts of centralized and decentralized finance, announced that it has entered into a strategic partnership with Hidden Road Partners, the global credit network for institutions. As a result… Read More

November 28, 2022 @ 3:19 pm By JD Alois  |  

Crypto markets are far off from their all-time highs, and today another crypto firm announced a bankruptcy filing due to FTX collateral damage. 2022 is not so much a crypto-winter but perhaps a crypto-ice age. The failure of FTX has harmed the entire crypto sector,… Read More

February 4, 2022 @ 1:19 pm By Omar Faridi  |  

Public Mint, the fiat-native public blockchain and money system, has started using Celsius, the platform for lending and earning yield on digital currency, adding to Public Mint’s diversified, high-yield returns program known as EARN. The partnership with Celsius diversifies EARN’s offerings, which enables users to… Read More

September 28, 2021 @ 12:00 pm By JD Alois  |  

Chainlink has partnered with Wrapped to allow users to wrap their crypto and use it on multiple chains. Wrapped is a joint initiative between TokenSoft and Anchorage. Wrapped said it is exciting to have selected Chainlink Proof of Reserve (PoR) to provide complete on-chain auditability… Read More

August 30, 2021 @ 10:01 am By Omar Faridi  |  

We recently connected with James Wo, the Founder and CEO at Digital Financial Group, an investment company empowering Web 3.0 applications and blockchain or DLT -enabled platforms. Wo discussed the different products and services that his company supports. He also discussed the long-term impact that… Read More

August 6, 2021 @ 11:18 am By Omar Faridi  |  

Celsius has secured the backend pricing of crypto-assets using Chainlink, which is considered a major leap in CeFi “decentralization.” As stated in the update from Celsius: “In one of the most ambitious moves towards decentralization, Celsius is now leveraging the industry-leading Chainlink Price Feeds to… Read More

July 25, 2021 @ 8:09 pm By Omar Faridi  |  

The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

September 29, 2020 @ 9:00 am By JD Alois  |  

Kadena has embraced the decentralized finance (DeFi) movement with a decentralized exchange (DEX) called Kadenaswap, according to a note from the company. Kadenaswap will utilize Kadena’s scalable blockchain that is said to currently top out at 480,000 transactions per second thus addressing a nagging scalability… Read More

September 11, 2020 @ 1:56 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

August 31, 2020 @ 10:55 am By Omar Faridi  |  

Digital currency exchanges Bitrue and OKEx claim that they’ll be offering both decentralized finance (DeFi) and centralized (CeFi) services. Jay Hao, CEO at OKEx, says that the leading crypto exchange, which regularly handles billions of dollars in daily trading volume (but has also been accused… Read More