Binance Introduces $100 Million Decentralized Finance or DeFi Fund for “High-Quality” Projects

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

OKEx and Bitrue to Offer Decentralized and Centralized Finance Services, but Celsius Network May Already have Similar Products

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