Tagged: defi

April 14, 2023 @ 3:13 pm By Omar Faridi  |  

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

April 14, 2023 @ 8:05 am By Matthew G. White  |  

Recent headlines have highlighted significant risks associated with investments in cryptocurrency. For instance, in recent months, we have seen the price of various cryptocurrencies plummet, creating a “crypto winter” (though prices have recently been swinging back up, demonstrating the volatility risk associated with cryptocurrency). As… Read More

April 11, 2023 @ 1:27 pm By Omar Faridi  |  

Pine Street Labs says they are focused on making blockchains usable for all users. As noted in a blog post, each new blockchain “introduces unique transaction lifecycles, encoding schemes, consensus engines, architectures, and more.” As explained in an update from Pine Street Labs, the technical… Read More

April 9, 2023 @ 3:03 pm By Omar Faridi  |  

The team at TwoX Protocol, which claims to be a decentralized finance protocol issuing yield generative stablecoin, is pleased to announce that TwoX protocol will be “launched on Arbitrum.” Their team have been “researching & discussing which infrastructure is great fit to deploy TwoX primarily since… Read More

April 6, 2023 @ 6:14 pm By JD Alois  |  

Earlier today, the US Department of Treasury posted a report on DeFi entitled “2023 DeFi Illicit Finance Risk Assessment.”  For the first time, Treasury addressed the concept of DeFi  – a sector of digital assets that engenders challenges for regulators. Treasury noted that DeFi is… Read More

April 6, 2023 @ 1:29 pm By JD Alois  |  

DeFi, or decentralized finance, took fire from the US Department of Treasury today as part of an ongoing policy attack targeting the crypto industry. Treasury published the “2023 DeFi Illicit Finance Risk Assessment,” the first report on DeFi that outlines the risk of the popular… Read More

April 4, 2023 @ 10:07 pm By JD Alois  |  

Pine Protocol has announced its launch on the Polygon blockchain. Polygone enables Ethereum scaling solutions powering some big platforms like Aave, Uniswap, and OpenSea. Pine Protocol is a “decentralized non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers.” Borrowers may leverage their NFTs… Read More

April 3, 2023 @ 8:07 pm By Omar Faridi  |  

Unizen is pleased to announce a partnership with DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm. This collaboration will enhance their mission “to address the challenges faced by Web3 technology and create a seamless, frictionless experience for users by bringing… Read More

March 29, 2023 @ 9:26 am By Omar Faridi  |  

MakerDAO, which claims to be the longest-standing DeFi lending protocol and creator of DAI, the original, “decentralized” stablecoin, has announced the approval of the Maker Constitution. Succeeding in a Governance Poll on the MakerDAO forum, The Maker Constitution will gradually “change the operations of MakerDAO,… Read More

March 15, 2023 @ 10:37 pm By Omar Faridi  |  

Wemade Co., Ltd, which claims to be one of the largest publicly-listed gaming companies in South Korea with a market capitalization of $1.4 billion, has announced a strategic partnership with Space and Time (SxT), a key player focused on decentralized data warehousing. The partnership will… Read More

March 10, 2023 @ 10:13 am By Omar Faridi  |  

Violet, the provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), announced the launch of Mauve, the compliant Decentralized Exchange (DEX) purpose-built “to offer the best of both DeFi and Traditional Finance (TradFi) to the crypto markets.” Backed by $15 million in funding… Read More

March 5, 2023 @ 6:30 pm By Omar Faridi  |  

Eric Parker, co-founder and CEO of Giddy, a provider of cryptocurrency wallets, recently shared his views and insights exclusively with Crowdfund Insider. Parker talked about the different opportunities that consumers may be willing to explore in the nascent DeFi space. He also touched on some… Read More

March 2, 2023 @ 12:11 pm By Omar Faridi  |  

Founder and CEO Leo Mizuhara and Cumberland Labs are pleased to announce the launch of Hashnote, the first fully regulated, institutional-grade investment management platform for DeFi. Hashnote is “backed with US$5mn of investment from Cumberland Labs, an early-stage blockchain incubator launched by the partners of… Read More

February 28, 2023 @ 8:07 am By Omar Faridi  |  

Floki is now officially partnered with one of the biggest lending protocols on the BNB chain, Venus Protocol. Venus claims it is “the leading lending and borrowing protocol on the BNB chain as well as the second biggest DeFi protocol on the chain after top… Read More

February 26, 2023 @ 9:15 pm By Omar Faridi  |  

HashKey DX Co., Ltd. (Headquartered in Chiyoda, Tokyo, CEO: Andy Dan) has signed an exclusive domestic distribution agreement with CertiK (Headquartered in New York, USA,Co-Founder: Prof. Ronghui Gu and Prof. Zhong Shao) in order “to bring blockchain-specific security solutions to the Japanese market.” Blockchain technology… Read More

February 25, 2023 @ 10:15 am By Omar Faridi  |  

Swarm, the regulated blockchain platform, announces the launch of a public investment offering for Apple, Tesla, and two US Treasury Bond ETFs on decentralized finance (DeFi). The “fully” asset-backed tokens are “available on the Polygon blockchain for both retail and institutional investors, with no minimum… Read More

February 22, 2023 @ 8:10 am By Omar Faridi  |  

The Financial Stability Board (FSB) published a report on the financial stability risks of Decentralised Finance (DeFi). DeFi is commonly “used to describe services in crypto-asset markets that aim to replicate some functions of the traditional financial system in a supposedly decentralized manner – though… Read More

February 16, 2023 @ 8:39 am By Omar Faridi  |  

Obligate, formerly known as FQX, is a Switzerland-based company that provides a blockchain-based bond platform. The Obligate platform is designed to streamline the debt issuance process and make it more accessible to businesses of all sizes. The platform provides a secure and transparent way of… Read More

February 12, 2023 @ 6:17 pm By Omar Faridi  |  

Crowdfund Insider recently connected with Mike Taormina, Alluvial’s Co-Founder Chief Operating Officer. As COO of Alluvial, he works with industry professionals to build Liquid Collective, an enterprise-grade liquid staking standard. Alluvial is the software development company supporting the implementation of the Liquid Collective protocol. Alluvial… Read More

February 5, 2023 @ 9:45 pm By Omar Faridi  |  

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More