Tagged: decentralization

Decentralized Finance: Dexalot Launches Hybrid DeFi Subnet on Avalanche

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in “the evolution of decentralized trading protocols.” The Dexalot Subnet aims “to replicate the user experience of a CEX without compromising on decentralization and transparency.” Its team has “spent months building… Read More

Dr. Torsten Stuber: CTO at Pendulum Explains How Use of Stablecoins Affects Developments of DeFi Apps

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More

Bitcoin to Ethereum Bridge: tBTC Minting Live in Partnership with Aave, Yearn.Finance, Others

Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry’s “only” decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will “allow users to wrap their BTC in exchange for tBTC tokens that can be… Read More

NFTs: FIO Protocol Launches NFT Domains Wrapped on Polygon Blockchain

FIO Protocol, the decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token “from one blockchain and making it available for use on another.” This launch moves FIO Protocol… Read More

DeFi: Interchain AMM Astroport Joins the Injective Ecosystem

Astroport, which claims to be one of the most “popular” decentralized exchanges, launched its beta on the Injective testnet. Injective is described as a fast blockchain built for finance. As the “first” smart contracts platform optimized for building decentralized finance applications, dApps such as Astroport… Read More

Solana Protocol Marinade Finance Launches “Open Doors” Program to Grow Solana TVL

Marinade Finance, Solana’s No.1 protocol by total value locked (TVL), has announced a major drive “to increase staking of SOL on the blockchain as the protocol aims to increase Solana’s decentralization and grow liquidity throughout its decentralized finance (DeFi) ecosystem.” Launching February 1, Marinade’s Open… Read More

Web3 Platform Tenderly Adds Cronos to Supported Networks, Expanding Support for Smart Contract Devs to Build dApps

Tenderly, creators of a Web3 development platform, and Cronos, a decentralized, open-source, energy-efficient public blockchain with high speed and low transaction fees,  announced the integration between Tenderly and Cronos as well as its testnet. Cronos is an Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain network built… Read More

Flux Creates Bridge Between Web2, Web3 with OVHcloud Partnership

Flux, the frontrunner in building decentralized infrastructure to power Web3 development, today announced a partnership with OVHcloud, the European cloud leader, “to expand its edge cloud solution options.” This partnership will “enable each company to expand its reach into previously untapped markets – Web3 for… Read More

THORChain Integrates with Trust Wallet to Accelerate Adoption of Crypto Self-Custody

THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a self-custodial and multi-chain wallet provider. This integration “unlocks decentralized multichain swaps for the more… Read More

Nuon, a Decentralized “Flatcoin,” Joins Chainlink BUILD Program

Nuon, which claims to be the first “unbiased,” decentralized and overcollateralized “flatcoin” whose value is pegged to an independent cost of living index, has announced that it has “joined the Chainlink BUILD program.” Nuon’s goal is “to move the needle towards the next evolution of… Read More

ShapeShift Enters Convertible Bond Market with HourGlass, Arbor Finance

Decentralized autonomous organizations (DAOs) are gradually gaining traction in the Web3 space and beyond as many are beginning “to explore possible ways of contributing to one.” While DAOs have significant operational benefits such as organizational transparency, decentralization, and ability “to utilize a wide variety of… Read More

Cardano Builder IOG, University of Edinburgh to Develop Decentralization Index

Input Output Global, Inc. (IOG), one of the builders of Cardano, the proof of stake blockchain, has partnered with the University of Edinburgh, one of the “most highly rated” academic institutions in the United Kingdom, “to develop the blockchain industry’s first ‘decentralization index’.” The Edinburgh… Read More

Truflation Supports Crypto Accessibility Platform to Bring Inflation Data to Visually, Hearing Impaired

Truflation, the independent, real-time inflation data aggregator, has partnered with Haptics DAO, a “decentralized” voice command platform that uses audio and haptic feedback “to help visually and hearing impaired users access wallets, trade cryptocurrencies, and explore price feeds and inflation data.” The Haptics DAO project… Read More

Phillip Shoemaker: CEO at Identity.com Comments on SEC Claim that Ethereum Transactions are Under US Jurisdiction

The US Securities and Exchange Commission (SEC) is now making the claim that all ETH transactions fall under U.S. jurisdiction due to the network’s high concentration of nodes within the country. If this claim is found to be accurate, we will very soon see a… Read More

Evmos Finalizes $27M Token Sale to Support Development of dApp Platform

Evmos, the port-of-entry from Ethereum to Cosmos, sees its core developer, Tharsis Labs, announcing it has raised $27M in Seed funding “to accelerate the growth of its ecosystem of interoperable dApps.” The round was “led by Polychain Capital with participation from Galaxy, Huobi, HashKey, Coinbase… Read More

Alpha Venture DAO, Sei to Support DeFi Innovations

Sei, a first sector specific Layer 1 specialized for trading and fastest chain to finality, joins together with Alpha Venture DAO, a Web 3.0 venture builder, “to deliver the most competitive incubation program, ‘Alpha Incubate Batch 2’ to DeFi builders.” They are collaborating to give… Read More

CQG, NUTS Finance Launch Optio Research to Develop Institutional Crypto Infrastructure

CQG, a global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, and NUTS Finance, a blockchain development lab, announced today that they have just launched “Optio Research,” a Web3-based innovation lab “focused on developing decentralized cryptocurrency infrastructure and trading… Read More

1inch Teams Up with Neobank Revolut to Launch Crypto Learn and Earn Course

The ‘Learn & Earn’ course launched with Revolut will “broaden newcomers’ understanding of DeFi and help to shape their decentralized future experience in an easy, fun and efficient way.” Aiming to empower more people with DeFi knowledge, the 1inch Network is happy to announce “the… Read More

ConsenSys Introduces MetaMask Grants DAO to Issue Grants to Developers Worldwide

ConsenSys, a blockchain technology company, announced the launch of MetaMask Grants DAO. This employee-led, fully-funded Decentralized Autonomous Organization (DAO) structure issues grants “to developers outside of ConsenSys, who are building impactful experiences within the MetaMask ecosystem.” It is “open to any meaningful project that adds… Read More

Blockchain Software Dev Firm Secures $3.9M to Build dWallet Apps

Fun, a blockchain software development company building applications that leverage dynamic and decentralized wallet (dWallet) technology, announced it “raised $3.9M in a pre-seed funding round led by JAM Fund, and joined by SOMA Capital, NOMO Ventures, and Great Oaks Venture Capital, as well as prominent… Read More

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