Tagged: decentralized finance

October 27, 2021 @ 4:58 pm By Omar Faridi  |  

XDEFI Wallet introduced its utility token $XDEFI, which is reportedly the latest token to be created by Delphi Digital ($AXS, $YGG, $PERP). The $XDEFI utility token will aim to support the larger XDEFI Wallet ecosystem including funding various decentralized finance (DeFi) and NFT projects. Token… Read More

October 24, 2021 @ 6:07 pm By Omar Faridi  |  

The Kava 9 mainnet upgrade is coming, and it’s bringing several key changes aimed at further expanding the Kava Ecosystem by adding more ways for users and projects to bring their assets to Kava. As mentioned in a blog post by the team at Kava… Read More

October 21, 2021 @ 12:09 pm By Omar Faridi  |  

Lukka, an enterprise crypto-asset data and software solution provider, has acquired Blox Finance, the digital currency accounting, tracking and management software subsidiary of Blox, an ETH staking and decentralized infrastructure provider. According to a release, Lukka has purchased Blox blockchain node infrastructure and intellectual property…. Read More

October 20, 2021 @ 3:13 pm By Omar Faridi  |  

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

October 19, 2021 @ 10:07 pm By Omar Faridi  |  

Asia Digital Bank Ltd. (Labuan Investment Bank), the first recipient of the Digital Banking license issued by Labuan Financial Services Authority in Malaysia and an international digital asset operator, announced a partnership with Bianjie, which is IRISnet’s Core team, and a Cosmos Core Contributor since… Read More

October 18, 2021 @ 9:15 pm By Omar Faridi  |  

In just 5 months since their Genesis launch, the Internet Computer blockchain has seen steady growth of its developer community, whose decentralized applications (dApps) and services have managed to attract around 250,000 users. On May 25, 2021, the DFINITY Foundation confirmed that the DFINITY Developer… Read More

October 18, 2021 @ 7:15 pm By Omar Faridi  |  

Hashbon, a project that aims to transform the decentralized cryptocurrency payment industry for individual users and businesses, reveals that they have expanded to the Hashbon FiRe (Finance Reinvented) ecosystem and also introduced a cross-chain DEX (CDEX), called Hashbon Rocket. The team says that they plan… Read More

October 18, 2021 @ 10:09 am By Omar Faridi  |  

Beginning on October 14, 2021, BadgerDAO (BADGER) and Rarible (RARI) have been available on Coinbase.com and in the Coinbase Android and iOS apps. Digital asset firm Coinbase‘s (COIN: NASDAQ) clients are able to trade, send, receive, or store BADGER and RARI in “most Coinbase-supported regions,… Read More

October 18, 2021 @ 8:00 am By Omar Faridi  |  

We recently connected with Rachid Ajaja, CEO and Founder of AllianceBlock, the first “globally compliant” decentralized capital market. Ajaja explained what his organization is doing to support the nascent DeFi space. He also commented on the rise of crypto-assets and how to create a sustainable… Read More

October 16, 2021 @ 11:17 am By Omar Faridi  |  

Evrynet, a financial service platform, is pleased to confirm several additions to its list of project advisors. The team at Evrynet attracts talent from within the blockchain and crypto space and MIT to further expand its reach in the financial industry. More collaborations are “expected… Read More

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

October 13, 2021 @ 3:07 pm By Omar Faridi  |  

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

October 13, 2021 @ 8:49 am By Omar Faridi  |  

Although it has previously been announced, the Growth DeFi team is now formally confirming their plans to introduce their complete ecosystem arsenal cross-chain on the Avalanche network. Growth DeFi, which leverages the power of decentralized finance protocols to maximize capital efficiency and value, noted in… Read More

October 12, 2021 @ 9:45 am By Omar Faridi  |  

SmartFi, the open lending crypto platform, which went live in July 2021, has secured more than $10 million in capital in the first 2 weeks of its “unique” SmartCycle token sale. Token purchasers buying more than $1 million in SmartFi’s SMTF tokens apiece reportedly include… Read More

October 11, 2021 @ 7:24 pm By Omar Faridi  |  

Decentralized platforms and blockchain-enabled smart contracts are transforming the way digital transactions are performed. Distributed ledger technology (DLT) has the potential to streamline the key processes carried out in many different sectors by eliminating the need for third-parties and enabling automated contract terms and conditions,… Read More

October 11, 2021 @ 1:03 pm By Omar Faridi  |  

Blockchain security solution provider CertiK has been chosen by Kava Labs to offer improved security for the Kava Ecosystem. As part of the partnership, CertiK will be getting a portion of the $185M Kava Ignition Fund in order to carry out regular security assessments of… Read More

October 11, 2021 @ 10:30 am By Omar Faridi  |  

We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

October 6, 2021 @ 8:13 pm By Omar Faridi  |  

The team at Coin Metrics, including researchers Nate Maddrey and Kyle Waters have released their State of the Network Q3 2021 wrap-up report. In the latest edition of the State of the Network report, the Coin Metrics team has taken a data-driven look at what… Read More

October 5, 2021 @ 9:47 pm By Omar Faridi  |  

Encode Club and BitDAO have announced a long-term partnership in order to educate and “accelerate” blockchain talent. Using Encode’s expertise and talent network, the program will aim to be “one of the most significant educational initiatives in open finance and the decentralized economy.” As stated… Read More

October 5, 2021 @ 1:00 pm By Omar Faridi  |  

Hats.Finance, a decentralized cybersecurity incentive network that’s governed by its community stakeholders of hackers, projects, and token holders, says that the future of cybersecurity is “incentivized” security. The Hats.Finance team has published a blog post in which it has introduced PPM (Protocol Protection Mining), as… Read More