Tagged: decentralized finance

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

June 20, 2021 @ 3:16 pm By Omar Faridi  |  

The team at digital asset firm Gemini notes that they are adding trading support for a new set of decentralized finance (DeFi), infrastructure, and data management tokens. Gemini is adding Alchemix (ALCX), Ankr Network (ANKR), Fantom (FTM), Mirror Protocol (MIR), API3 (API3), and DerivaDAO (DDX)…. Read More

June 16, 2021 @ 10:27 pm By Omar Faridi  |  

The MUNCH Project, which is described as a decentralized and community-owned currency (a charitable project that has reportedly given away $2.7 million in four weeks), with a “deflationary” model that gives back to the community, recently revealed that they have made MUNCH “more available” and… Read More

June 14, 2021 @ 11:05 pm By Omar Faridi  |  

Roxe, a global payment network, revealed on Friday (June 11, 2021) that it has officially launched  the Roxe Payment Protocol (RPP), which is described as an open, decentralized and peer-to-peer payments protocol developed to offer wholesale foreign exchange rates to individuals, payment firms, banking institutions… Read More

June 14, 2021 @ 10:08 pm By Omar Faridi  |  

Digital asset firm Kraken notes that customers looking to support their “favorite” Kusama projects can now, “for the first time,” take part in Parachain Slot Auctions (or “Parachain Auctions”) directly via the Kraken platform. Kusama is described as a “scalable” network of specialized or purpose-built… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

June 11, 2021 @ 11:25 am By Omar Faridi  |  

We recently connected with Justin Giudici, Head of Product at the Telos Foundation, which supports the development of Telos (TLOS), a high-performance blockchain that has evolved into one of the most promising crypto-focused platforms in the digital assets space. Guidici talked about what makes Telos… Read More

June 9, 2021 @ 9:50 pm By Omar Faridi  |  

During 2020, crypto-asset hedge funds almost doubled to reach an all-time record as the nascent industry continued to deliver a solid overall performance. As part of the recent Bitcoin (BTC), Ethereum (ETH), and wider digital currency market bull run, total assets under management (AUM) of… Read More

June 7, 2021 @ 7:06 am By Omar Faridi  |  

Digital asset platform CoinList notes that they are pleased to confirm that the registrations for the Swarm Token Sale are now open (as of June 3, 2021). The CoinList team describes Swarm as a system of peer-to-peer (P2P) networked computing nodes that create a “decentralized”… Read More

June 5, 2021 @ 6:05 pm By Omar Faridi  |  

Nervos, China’s leading public blockchain, and the team at IOHK, a global blockchain engineering firm and creators of the Cardano (ADA) blockchain, recently revealed that they are  forming a cross-chain bridge that will link the Cardano and Nervos networks. As mentioned in a release shared… Read More

June 3, 2021 @ 10:14 pm By Omar Faridi  |  

The Solverse Accelerator aims to unite leading blockchain mentors with talented entrepreneurs in order to develop “groundbreaking” Solana projects. Solana is a “high-performance” blockchain or distributed ledger tech (DLT) platform supporting builders across the globe that are creating crypto apps that “scale today.” As mentioned… Read More

June 2, 2021 @ 7:59 pm By Omar Faridi  |  

Sovryn, a protocol for decentralized finance (DeFi) on Bitcoin, has introduced Sovrython, which is a virtual or online conference and hackathon that is scheduled to take place from June 4 to July 18, 2021. There will be $250,000 in bounties and another $250,000 in post-hackathon… Read More

June 2, 2021 @ 2:24 pm By Omar Faridi  |  

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

June 2, 2021 @ 1:38 am By Omar Faridi  |  

Current, a leading US-based Fintech firm serving Americans who are working to “create a better future for themselves,” recently revealed that it had teamed up with Acala, a decentralized finance (DeFi) platform developed on the Polkadot blockchain network. The partnership, which is reportedly the first… Read More

May 30, 2021 @ 11:37 am By Omar Faridi  |  

ChainSafe has reportedly received a development grant to natively integrate Chainlink (LINK) into the Cosmos software development kit (SDK). As previously reported, the Chainlink Community Grant Program offers financial resources to the development teams and researchers creating a “more functional, accessible, and socially impactful” Chainlink… Read More

May 30, 2021 @ 10:33 am By Omar Faridi  |  

Shruti Appiah, Senior Product Manager at IOHK, an organization focused on the ongoing development of Cardano (ADA) and various other initiatives, notes that when she logs into her stock trading apps to acquire exchange-traded funds (ETFs), she may face issues like the platform not being… Read More

May 25, 2021 @ 10:57 pm By Omar Faridi  |  

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

May 23, 2021 @ 11:41 pm By Omar Faridi  |  

YIELD App, which provides a convenient way to invest in decentralized finance (DeFi) using crypto-assets or traditional currencies (regardless of your financial or tech expertise), has teamed up with DeFi insurance protocol Steady State. As noted in an update from YIELD App, they’re looking forward… Read More

May 23, 2021 @ 10:38 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that when Hard Money Market V2 was introduced on April 8, 2021, Binance USD (BUSD) had been the… Read More