Tagged: defi

July 13, 2023 @ 12:30 pm By Omar Faridi  |  

Brazil’s CBDC (or central bank digital currency) codebase could potentially freeze or even reduce funds. This, according to an analysis by a blockchain developer. According to a reports, a blockchain/DLT developer found certain functions that could potentially allow a centralized entity to freeze payments or… Read More

July 12, 2023 @ 7:30 am By Omar Faridi  |  

Alluvial, a software development company supporting the enterprise-grade liquid staking protocol Liquid Collective, has raised $12 million in its Series A financing round. The investment round is “co-led by Ethereal Ventures and Variant, with participation from Brevan Howard Digital, Avon Ventures, Nascent Capital, a_capital, Robot… Read More

July 7, 2023 @ 8:59 pm By Omar Faridi  |  

Cronos Labs, a blockchain startup accelerator focusing on the development of the Cronos ecosystem, announced a partnership with Protocol Labs, the open-source research and development laboratory that builds protocols, tools, and services to radically improve the internet. As part of the collaboration, Protocol Labs will… Read More

July 1, 2023 @ 4:29 pm By Omar Faridi  |  

Institutional users recognize the long-term potential of crypto assets, according to a recent report by Binance Research which surveyed 208 respondents on their attitudes, preferences, and motivations toward cryptocurrency investments. Positive and Long-Term Outlook On Crypto as an Alternative Asset Class The Institutional Crypto Outlook… Read More

June 30, 2023 @ 2:49 pm By Omar Faridi  |  

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

June 29, 2023 @ 7:26 pm By Omar Faridi  |  

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

June 26, 2023 @ 10:14 am By JD Alois  |  

The Autorité des Marchés Financiers (AMF), the main securities regulator in France, says it wants to become a regulator that supports financial innovation. As part of its strategic ambitions for the coming years, the AMF, as presented by its current Chair Marie-Anne Barbat-Layani, has issued… Read More

June 25, 2023 @ 5:03 pm By Omar Faridi  |  

We recently connected with Dr. Ben Zhang, COO & Co-founder of NodeReal, which claims to be a one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. They aim to provide scalable, reliable, and efficient blockchain… Read More

June 25, 2023 @ 4:53 pm By Omar Faridi  |  

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

June 25, 2023 @ 12:30 pm By Omar Faridi  |  

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

June 23, 2023 @ 5:54 pm By Omar Faridi  |  

The team at Stella, a leveraged strategies protocol with 0% cost to borrow — announced that it has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the decentralized oracle network, Stella has access “to high-quality, tamper-proof price feeds needed to help power lending and… Read More

June 13, 2023 @ 5:16 pm By JD Alois  |  

In a bit of a stealth rulemaking attempt, the Securities and Exchange Commission (SEC) has proposed new rules that would impact the definition of an exchange. The amendments regarding the definition would also impact Alternative Trading Systems (ATSs).  As the SEC deems all digital assets… Read More

June 12, 2023 @ 4:36 pm By Omar Faridi  |  

DeFi has been suffering from a silent problem for years: a liquidity management gap. The lack of these services has caused a range of issues. It leads to increased price volatility, making executing trades at fair prices challenging and resulting in potential losses for traders…. Read More

June 12, 2023 @ 12:15 pm By Omar Faridi  |  

Last week, IOG (which stands for Input Output Global – one of the organizations supporting Cardano (ADA) development) noted that they are aware of the recent complaints by the US Securities and Exchange Commission (SEC) against Binance & Coinbase, which “contain references to the organization, the… Read More

June 10, 2023 @ 4:34 pm By Omar Faridi  |  

Cronos Labs, a blockchain startup accelerator that focuses on decentralized finance, Web3 games, social applications, and on the development of the Cronos blockchain’s ecosystem, will collaborate with Google Cloud “to enhance its Accelerator Program and provide startups with resources to develop innovative AI-enabled Web3 applications… Read More

June 9, 2023 @ 2:59 pm By Omar Faridi  |  

MEV Capital Management Ltd. is launching a new digital asset hedge fund “MEV Capital Stablecoin High-Yield Fund SP”, a Cayman Islands fund that “encompasses on-chain operations to on the public Ethereum Blockchain (incl. ZK-related L2s).” The fund deploys and monitors trend-agnostic strategies “based on digital… Read More

June 5, 2023 @ 9:08 am By Omar Faridi  |  

In the fast-paced world of cryptocurrencies, managing investments can be complex and time-consuming. However, structured products offer a solution by simplifying the investment process for individuals and providing them with opportunities to mitigate volatility and manage risks. To delve deeper into this topic, Crowdfund Insider… Read More

May 30, 2023 @ 3:24 pm By Omar Faridi  |  

The team at Cogito Protocol is pleased to share their exciting new collaboration with Unicorn Ventures, a “community-backed” venture capital fund focusing on decentralized finance, metaverse, and blockchain gaming. Together with their partner, they strive “to grow Cogito and their ecosystem’s adoption.” They share a… Read More

May 29, 2023 @ 5:08 pm By Omar Faridi  |  

API3 is pleased to announce our latest partnership with Dovish, a perpetual swap protocol in the DeFi ecosystem. With a commitment to bringing smart money into DeFi, Dovish is “utilizing API3’s data feeds for their upcoming perpetual decentralized exchange (DEX) launch on Polygon’s zkEVM.” After… Read More

May 26, 2023 @ 6:29 pm By Omar Faridi  |  

Symbiosis, a cross-chain liquidity protocol, announced the addition of Arbitrum Nova to its platform. This integration will “allow users to swap assets across 12+ chains.” Arbitrum Nova is a new chain that is designed to be more cost-effective and faster than Arbitrum One. It is… Read More