Tagged: decentralized finance

Coinbase has Over $30B in Digital Assets Staked Across 25 Protocols As of Nov 2021: Report

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

DeFi Hack Report: Blockchain Ecosystem Security Firm SlowMist Shares Detailed Analysis of MonoX Exploit

SlowMist, which focuses on Blockchain Ecosystem Security and have served more than 1,000 customers, notes that on November 30, 2021, their team at SlowMist was “notified of an attack on the Defi protocol MonoX.” More than $18 million in WETH and $10.5 million in MATIC… Read More

SubQuery Network to be Deployed on Acala, Decentralizing Polkadot’s Data Indexing Service

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SubQuery, the data indexing solution in Polkadot, is pleased to confirm that the launch of the SubQuery Network will take place on the Acala parachain. As mentioned in the announcement, SubQuery and the SQT token will also aim to be “the first external application and… Read More

Binance Smart Chain Completes Community Voting Mechanism Pilot for Most Valuable Builder Program

Binance Smart Chain, which claims to be the leading decentralized finance (DeFi), non-fungible token (NFT) and Infra platform, has reportedly completed the first community-voting mechanism pilot for its Most Valuable Builder Program that “selected top ten projects from a pool of industry-leading BSC projects.” As… Read More

Solving DeFi Ecosystem Challenges: Sean Ryan, CEO of Glitch Finance, Explains how to Address Security Issues in Decentralized Protocols

The decentralized finance sector has truly achieved a lot in the past few years, but it has an exposed Achilles heel in security issues. To address this issue once and for all, we need a robust blockchain network and ecosystem built from scratch with security… Read More

Panther Protocol Secures $22M via Public Sale to Build DeFi, Web 3.0 Privacy Layer

Panther Protocol, an end-to-end privacy solution that creates privacy for decentralized finance (DeFi) and Web 3.0 users across public blockchains, has secured more than $22 million as part of their Public Sale. This brings the total amount secured by the project to $32 million. Panther… Read More

Celer Network to Provide Streamlined Cross-Chain Bridging to Kava

Celer Network says it will be integrating Kava with their cBridge cross-chain bridging protocol, supporting quick, cost-effective bridging of assets between Kava and other supported chains. As noted in a blog post, the integration should be able to link cBridge users to a new way… Read More

OKCoin Earn Adds Algorand (ALGO), Solana (SOL), Polygon (MATIC), Tron (TRX)

The team at digital assets firm OKCoin notes that now you can access 20 different cryptocurrency staking and decentralized finance (DeFi) offers right via their mobile app. This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron… Read More

Reserve Bank of Australia Taking Cautious Crypto Approach

While the Reserve Bank of Australia (RBA) is conducting research into various applications of cryptocurrencies and distributed ledger technologies, they are under no pressure to quickly roll out solutions to address clear needs in the marketplace, a representative said earlier today. Speaking to the Australian… Read More

Digital Asset Platform Gemini Now Supports Shiba Inu, New DeFi, Metaverse, Infrastructure, Data Mgmnt Tokens

Digital assets platform Gemini announced on November 12, 2021 that they are pleased to confirm support for Shiba Inu (SHIB), along with a wide range of decentralized finance (DeFi), Metaverse, infrastructure, and data management tokens. As mentioned in an update from Gemini, Shiba Inu (SHIB),… Read More

Head of Product at Composable Finance Explains How to Address Potential Vulnerabilities with Blockchain based Smart Contracts

We recently caught up with Brainjar, Head of Product at Composable Finance, which is described as a “hyper liquidity” infrastructure layer for decentralized finance (DeFi) assets that are being powered by Layer-2 Ethereum and Polkadot. Brainjar talked about issues with existing smart contracts and how… Read More

Amasa Teams Up with Polygon Studios to Support Adoption of Play-to-Earn Gaming

Amasa, a micro-income stream investment platform, has teamed up with Polygon Studios in order to support the ongoing adoption of play-to-earn gaming and facilitate the transition of game development and studio building “from Web2 to Web3.” As mentioned in the announcement, Polygon Studios serves as… Read More

Evrynet Joins Stanford’s Future of Digital Currency Initiative, Adds SPEEDEX into its DEX dApp

Evrynet is pleased to confirm that it will be joining the Stanford Future of Digital Currency Initiative (FDCI) as a member. As mentioned in the announcement, Evrynet joins other members including IBM, Ripple, Celo, and others in order to help develop universal digital currency APIs…. Read More

Akt.io, a Platform Bridging DeFi, Wealth Mgmt, Payments, Teams Up with HBAR Foundation

Akt.io, the platform bridging decentralized finance (DeFi), wealth management and payment services, has announced its partnership with the HBAR Foundation in order to support their launch of the first DeFi app on the carbon-negative Hedera Network, which claims to be “the most used, sustainable and… Read More

Agoric, a JavaScript Native Smart Contract Platform, Launches Public Chain After Private Token Sale

Following testing of the network infrastructure and staking dynamics by more than 100 validators, Agoric, a JavaScript-native smart contract platform, has confirmed the introduction of its public chain (after the completion of a private token sale). As mentioned in an update shared with CI: “Committing… Read More

Zebec Protocol Launches on Solana Mainnet to “Redefine” Finance

Zebec Protocol has officially launched on Solana mainnet in order to “redefine finance.” As the first programmable cashflow protocol deployed on Solana, Zebec has been created to support real-time and continuous streams of payments and financial transactions “for payroll, investments and more.” The automatic money… Read More

Blockchain Analytics Platform Nansen Announces Upcoming Solana Integration

Nansen, the blockchain data analytics platform, has announced an upcoming integration with Solana, a high-performance blockchain supporting builders with developing crypto apps that scale. Scheduled to go live in Q1 2022, the Solana dashboards on Nansen should give users the option to carefully explore some… Read More

Wing, Ontology’s Cross-Chain DeFi Lending Solution, Live On Binance Smart Chain

Wing, which is Ontology’s cross-chain DeFi lending platform, has officially gone live on Binance Smart Chain (BSC). Following the integration, millions of decentralized finance users should be able to access modern financial services. As mentioned in an update shared with CI: “Showcasing its status as… Read More

Nexo, a Regulated Crypto-Assets Service Provider, Acquires Stake in Texture Capital Holdings Corp.

Nexo, one of the regulated institutions for crypto-assets, has reportedly acquired a stake in Texture Capital Holdings Corp., which is the parent firm of Financial Industry Regulatory Authority (FINRA) member and SEC-registered broker-dealer Texture Capital. As mentioned in an update shared with CI, this investment… Read More

Decentralized Capital Markets Ecosystem, Clearpool, Partners with X-Margin to Support Institutional Borrowing

Clearpool, a decentralized capital markets ecosystem, is teaming up with X-Margin, the platform facilitating credit to trading companies, in order to enable institutions to borrow from their “own dedicated and transparent lending pool.” As mentioned in an update shared with Crowdfund Insider, Clearpool will be… Read More

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