Tagged: defi

December 26, 2021 @ 8:30 pm By Omar Faridi  |  

Decentralized applications store DappRadar recently published their annual Dapp Industry Report, highlighting records for the decentralized application (dApp) space. As noted in a release shared with CI, 2021 saw the blockchain or distributed ledger tech (DLT) industry expand “across verticals, with usage growing sevenfold as… Read More

December 23, 2021 @ 5:23 pm By Omar Faridi  |  

DeFinity, an institutional digital asset ECN and DeFi marketplace for fiat FX, cryptocurrencies and central bank digital currencies, has teamed up with Cobalt, a market infrastructure provider that’s focused on ‘re-engineering the institutional FX and digital asset markets to facilitate real-time clearing, settlement and dynamic… Read More

December 23, 2021 @ 3:43 pm By JD Alois  |  

Liquid Meta, a DeFi firm, has listed its shares on the NEO Exchange under ticker LIQD. Liquid Meta’s market cap is currently around CDN 46 million. NEO Exchange is a tier 1 stock exchange operating in Canada. Its mission is to serve the innovation sector… Read More

December 23, 2021 @ 9:12 am By Omar Faridi  |  

Astra Protocol is pleased to confirm that it has acquired $9 million via its token raise. In addition, various investment groups and individuals have supported the Astra Protocol project, confirming the requirement for decentralized compliance in the DeFi sector. According to Astra, things are progressing… Read More

December 22, 2021 @ 9:00 am By Omar Faridi  |  

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

December 22, 2021 @ 8:57 am By Omar Faridi  |  

Thomas Bohner, Founder and CEO at Credix, has confirmed that his team has secured $2.5 million in early-stage seed round funding from various investors and builders. Credix’s investment round was reportedly led by DRW Cumberland and ParaFi Capital along with contributions from the Transfero Swiss… Read More

December 21, 2021 @ 6:45 pm By Tony Zerucha  |  

Cypherium, a scalable and permissionless blockchain platform, has enabled support both for an Ethereum Virtual Machine (EVM) as well as the Ethereum Network’s primary coding language, Solidity. The company said the benefits that come with this are many but include bringing about much greater interoperability… Read More

December 18, 2021 @ 10:00 am By Omar Faridi  |  

BitGo, the provider of digital asset financial services, now supports the Avalanche (AVAX) native token and assets launched natively on Avalanche’s C-Chain “across its custody and hot wallet products.” As mentioned in the update, this gives BitGo’s clients the “most secure and reliable way to… Read More

December 18, 2021 @ 9:52 am By Omar Faridi  |  

ConsenSys, the Ethereum software firm, has announced the launch of ConsenSys Rollups, in order to offer enterprise-grade scalability to various financial organizations, addressing the key use case of “scalable applications on the Ethereum blockchain.” ConsenSys leveraged the expertise of Mastercard’s engineering team to “design the… Read More

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