Tagged: defi

December 16, 2021 @ 3:07 pm By Tony Zerucha  |  

Nansen, a blockchain data analytics platform, has raised a $75 million Series B round led by Accel. GIC, Andreessen Horowitz (a16z), Tiger Global, and SCB 10X are among the VCs and angel investors who also participated in the round. This funding will be used to… Read More

December 16, 2021 @ 11:46 am By Omar Faridi  |  

JST Capital, an international financial services company specializing in digital assets, has  announced that it has joined the Pyth Network, which claims to be a next-gen Oracle platform designed to offer trusted and verifiable market data to decentralized applications (dApps), and will be offering real-time… Read More

December 16, 2021 @ 7:55 am By Omar Faridi  |  

Balancer Labs has announced the launch of Boosted Pools. Boosted Pools aim to “solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools.” The first iteration of this product will be with Balancer’s “close collaborator, lending protocol Aave.” Fernando Martinelli,… Read More

December 16, 2021 @ 7:49 am By Omar Faridi  |  

The team at Ramp is pleased to confirm that they have secured $10.1 million in funding to take the platform to the next level and “continue pushing the frontier of what’s possible in the crypto space.” Ramp’s management noted that their seed round was led… Read More

December 14, 2021 @ 1:57 pm By Omar Faridi  |  

In an attempt to improve the movie industry, NFT Community Arabian Camels and Swapp Protocol have introduced the “Antara Movie NFT,” which allows buyers to hold as much as 50% Intellectual Property rights to “Antara,” a $50M feature film based on the life of Arabian… Read More

December 12, 2021 @ 12:44 pm By Omar Faridi  |  

Digital asset platform CoinList is pleased to confirm that registrations for the pSTAKE Token Sale are currently open. pSTAKE is the protocol that “unlocks liquidity for your staked assets,” the update from CoinList explained. The company also mentioned that with pSTAKE, you can “stake your… Read More

December 11, 2021 @ 12:17 pm By Omar Faridi  |  

Nervos will reportedly be integrating the Kava network with their cross-chain Force Bridge product to “enable the bridging of liquidity between Kava and Nervos.” As explained in a blog post, the integration will allow for “the movement of native assets between the chains, giving $CKB… Read More

December 10, 2021 @ 7:47 am By Omar Faridi  |  

Parallel Finance, an institutional-grade lending protocol for decentralized finance (DeFi), has reportedly secured the fourth slot in the Polkadot parachain auctions. Over 30,000 contributors have “contributed a total of 10.75 million Polkadot (DOT) tokens during the fourth round of the auction, equivalent to $306 million,”… Read More

December 10, 2021 @ 7:46 am By Omar Faridi  |  

Domination Finance, a non-custodial, decentralized exchange for dominance trading, has announced the launch of its liquidity vault “as part of the industry’s broader move towards DeFi 2.0.” As mentioned in an update shared with Crowdfund Insider, the vault represents “the first of its kind, allowing… Read More

December 9, 2021 @ 9:13 am By Omar Faridi  |  

Zeta Markets, a decentralized finance (DeFi) futures and options exchange built on Solana, has announced that it finalized an $8.5M funding round that was led by Jump Capital. The investment round, carried out via private token sale, had participation from Race Capital, Electric Capital, DACM,… Read More

December 8, 2021 @ 11:47 pm By Tony Zerucha  |  

New research from digital institutional investment platform VALK shows professional investors are increasingly focusing on cryptocurrency and digital assets as worries about stretched equity valuations and poor yields in the fixed income markets grow. Its study among professional investors working in eight major economies for… Read More

December 8, 2021 @ 10:14 pm By Tony Zerucha  |  

Plenty, a Tezos-based DeFi protocol, recently launched its routing feature, a move which should make DeFi on Tezos an easy-to-use and smooth experience, the company said. It offers yield farming and a decentralized exchange and allows onboarding from other blockchains. Its protocol allows users to… Read More

December 8, 2021 @ 10:10 pm By Tony Zerucha  |  

A new study of institutional investors and wealth managers, who collectively manage around $108.4 billion in assets, reveals 85 per cent say they now have dedicated teams reviewing cryptocurrencies and digital assets, though for many it is a new development. The research, commissioned by London-based… Read More

December 8, 2021 @ 4:50 pm By Tony Zerucha  |  

Digital Finance Group, a global blockchain and cryptocurrency investment firm, recently announced it has invested $1.5 million in a private funding round as the head investor for Rivet, an Ethereum infrastructure service built on open-source technology. The funding will be used to grow the Rivet… Read More

December 8, 2021 @ 9:48 am By Omar Faridi  |  

TRM Labs, the blockchain intelligence firm, has announced that it secured $60 million via a Series B round. TRM Labs‘ investment round has been led by Tiger Global along with contributions from financial institutions including American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital,… Read More

December 7, 2021 @ 5:04 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has scheduled a Fintech and Cybersecurity Symposium to take place on December 14, 2021. NASAA represents state, Canadian provincial, and Mexican securities regulators and thus play a key role in fraud enforcement and regulation. NASAA has 67 members,… Read More

December 3, 2021 @ 7:55 am By Omar Faridi  |  

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

December 3, 2021 @ 7:52 am By Omar Faridi  |  

SlowMist, which focuses on Blockchain Ecosystem Security and have served more than 1,000 customers, notes that on November 30, 2021, their team at SlowMist was “notified of an attack on the Defi protocol MonoX.” More than $18 million in WETH and $10.5 million in MATIC… Read More

December 2, 2021 @ 10:19 am By JD Alois  |  

Structure, a DeFi trading platform, has raised $20 million in a round led by Polychain Capital. The funding was completed via a sale of its token $STXR. The investment set a valuation of Structure at $150 million. Other investors beyond Polychain, include Bixin Ventures and… Read More

November 27, 2021 @ 2:06 pm By Omar Faridi  |  

SubQuery, the data indexing solution in Polkadot, is pleased to confirm that the launch of the SubQuery Network will take place on the Acala parachain. As mentioned in the announcement, SubQuery and the SQT token will also aim to be “the first external application and… Read More