Tagged: decentralized finance

Digital Assets: Enclave Markets Bring Confidential Trading to Talos Traders

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

Locus Finance Founder Iakov Levin: Finance Professional Comments on Midas Closure, Lessons Learnt from Bankruptcy

  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

Web3 Adoption: Blockchain Platform Telos Partners with Open Ocean, a Decentralized Exchange (DEX) Aggregator

Telos announces its partnership with Open Ocean, which claims to be one of the widest reaching decentralized exchange (DEX) aggregators in Web3. From swaps and gas-free limit orders to its powerful v3 API, OpenOcean is “an ‘all-in-one’ crypto-companion every crypto user and platform needs.” Through… Read More

Decentralized Finance: DeFi Lending Offers Certain Benefits, But Also Poses Risks, Report Explains

Tanay Ved, Lucas Nuzzi & the Coin Metrics team have examined the various features and risks associated with DeFi lending in an extensive report. The researchers at Coin Metrics noted that “over the years, the digital asset ecosystem has spawned diverse use-cases.” Among them, decentralized… Read More

Web3 Adoption: Spearbit Raises Funding to Launch Cantina, a Marketplace for Web 3 Security Audits

Spearbit, a smart contract audit and security solutions firm with clients such as Polygon, OpenSea, Optimism and more, announced that it “has raised a $7 million funding round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi)… Read More

Decentralized Finance: Chainlink Price Feeds Live on Base to Unlock DeFi Ecosystem Growth

Chainlink Price Feeds are live on Base—a fast and “highly scalable” layer-2 blockchain incubated by Coinbase and secured by Ethereum. With this integration, developers building on Base can “have access to industry-standard Chainlink Data Feeds and other web3 services.” The native integration of Chainlink Price… Read More

Ethereum Decentralization: Foundry Staking Teams Up with SSV Network as Mainnet Verified Operator

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.” With the… Read More

DeFi Adoption: Polygon Backs Institutional Decentralized Crypto Exchange (DEX) D8X Deal

D8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and various other investors. The capital will help D8X launch “a decentralized derivatives trading platform in the second half of 2023 that provides… Read More

Stablecoin Report: Serving as Backbone of DeFi Apps, Stablecoins May Further Permeate Everyday Financial Activities

The researchers at Coin Metrics have shared an update, titled, “Decoding the Digital Dollar: Unraveling the Risks of Stablecoins.” Lucas Nuzzi and Kyle Waters from Coin Metrics have noted that earlier this month, the U.S. House Committee on Financial Services convened “to discuss proposed legislation,… Read More

Luis Ocegueda, Engineering Lead at Trust Wallet: Security Professional Explains How Self-Custody of Digital Assets Can Be Made More Intuitive for Consumers

We recently connected with Luis Ocegueda, Engineering Lead at Trust Wallet, which claims to be the world’s most trusted and secure crypto wallet with 60 million+ downloads. It’s worth noting that, earlier this year, Trust Wallet did experience certain security issues, leading to a considerable… Read More

DeFi Adoption: Clearpool Expands Decentralized Lending Marketplace to Polygon’s zkEVM Solution

Clearpool is pleased to announce the expansion of its decentralized lending marketplace to Polygon’s zkEVM solution, providing users “with high-speed transactions, increased diversification and greater capital efficiency.” Two permissionless lending pools, “opened by market makers Fasanara and Portofino, Clearpool’s borrowers since March 2023, are now… Read More

Enclave Markets, the CeFi, DeFi focused Encrypted Exchange, Teams Up with Hidden Road Partners

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

Decentralized Finance: Binance Labs Invests in Radiant to Support DeFi Lending

Binance Labs, the venture capital and incubation arm of Binance, has invested in Radiant Capital, a lending and borrowing protocol built atop Binance Labs portfolio company, LayerZero Labs, and focused on “bridging fragmented liquidity across decentralized finance ecosystems.” This strategic funding round “emphasizes Binance Labs’… Read More

Chainlink Cross-Chain Interoperability Protocol (CCIP) Launches on Mainnet

The Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Avalanche, Ethereum, Optimism, and Polygon blockchains. DeFi protocols in derivatives and lending are “adopting CCIP, including Synthetix, which is live on CCIP mainnet, as well as Aave, with BGD Labs… Read More

Dr. Shira Brezis Co-Founder of Redefine: DeFi, Web3 Security Professional Comments on Safety Issues in Decentralized Finance and Role of Financial Institutions

We recently connected with Dr. Shira Brezis, CEO & Co-founder of Redefine, the “first” end-to-end security tech for DeFi investors. Dr. Shira discussed major issues financial institutions are concerned about regarding safety and security for web3 investing. Redefine helps enable secure transactions, monitor in real-time,… Read More

DeFi: KTX.Finance Raises $4M to Streamline Perpetuals Trading

KTX.Finance, a “decentralized” perpetuals exchange on BNB Chain, announces a $4 million USD seed round financing led by Hashed. Other participants in the investment round “include: AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, KuCoin Ventures and Sky9 Capital.” Edward Tan,… Read More

DeFi Protocol AlloyX Raises $2M, Introduces Aggregation Platform for $530M+ RWA Loans On Chain

AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round “led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures,… Read More

Decentralized Finance: Binance Labs Invests in Maverick Protocol to Build DeFi Infrastructure

Binance Labs, the venture capital and incubation arm of Binance (which has been sued by US regulators for a wide range of issues), continues to support the growth of the DeFi sector and has participated in a strategic funding round for Maverick Protocol, a DeFi… Read More

Blockchain Interoperability: Binance Labs Leads $10M Round for Neutron to Develop Secure Interchain Infrastructure on Cosmos

Binance Labs, the venture capital and incubation arm of Binance, has led a $10 million funding round for Neutron as part of its ongoing drive to support the development of secure DeFi infrastructure and tooling. The investment round was “co-led by CoinFund, with participation from… Read More

DeFi Lending, Stablecoin Protocol MakerDAO Grows US Treasury Bonds Holdings to $1.2B

MakerDAO, which claims to be the “longest-standing” DeFi lending protocol and creator of DAI, the original decentralized stablecoin, has announced that it has “completed the purchase of an additional $700 million worth of US treasuries, bringing the value of its total bond allocation to $1.202… Read More

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