Tagged: defi

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 17, 2022 @ 10:55 am By JD Alois  |  

Redefine, an Israel-based blockchain security startup, has raised an $11 million seed round for its “crypto firewall.” Redefine previously raised a pre-seed round of $3 million in June of last year led by More VC and Accomplice Blockchain. This new round, which included the early… Read More

January 15, 2022 @ 12:45 pm By Tony Zerucha  |  

Blockchain venture studio Draper Goren Holm recently announced an investment in Mavryk Finance, a decentralized, non-custodial, community-governed platform. Mavryk Finance allows users to borrow, earn, and unlock the world from legacy financial systems. “We’re thrilled to welcome Mavryk Finance into our family as Alex Davis… Read More

January 14, 2022 @ 4:32 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 12, 2022 @ 3:02 pm By Omar Faridi  |  

Pastel Network, which claims to be the first application-specific and purpose-built NFT blockchain that has “developed protocols tailored to address the needs of the NFT space,” has teamed up with Nervos Network, which is a suite of interoperable protocols “built on top of an open… Read More

January 12, 2022 @ 2:09 am By Omar Faridi  |  

Autonomy Network, an “off-the-shelf” decentralized automation protocol, is pleased to launch AutoSwap, which is a dApp providing limit order, stop loss, impermanent loss protection, and recurring payment features for Binance Smart Chain (BSC)-based DEXes like PancakeSwap. The dApp will also be available on Ethereum, Polygon,… Read More

January 11, 2022 @ 10:30 pm By Omar Faridi  |  

As the crypto and blockchain space continues to grow steadily, decentralized autonomous organizations (DAOs) are becoming more common (because they provide a way to enable decentralized governance). After its MainNet launch back in June 2018, the 3-year-old TRON blockchain platform has developed its own DAO… Read More

January 11, 2022 @ 4:23 pm By Tony Zerucha  |  

While the dollar values of cryptocurrencies associated with fraud and other illegal activities continues to row, it is important to keep those numbers in context, one industry watcher cautions. As cryptocurrency-based transaction volumes surge, the amounts associated with illegal activity are naturally going to grow…. Read More

January 11, 2022 @ 2:03 am By Omar Faridi  |  

Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

January 9, 2022 @ 11:51 pm By Omar Faridi  |  

The team and developers at Waves Protocol, which is an open blockchain protocol and development toolset for Web 3.0 apps and decentralized solutions, noted in an update that from automated market makers or AMM exchanges to “viral” products and innovative mechanics, this past 12 months… Read More

January 6, 2022 @ 4:42 pm By Tony Zerucha  |  

While cryptocurrency-based crime reached historical highs in 2021, it pales in comparison to overall adoption increases, a draft of Chainalysis’ 2022 Crypto Crime Report shows. Addresses identified as illicit by Chainalysis received $14 billion in 2021, nearly double the $7.8 billion seen in 2020. There… Read More

January 6, 2022 @ 2:13 pm By Omar Faridi  |  

DeFi protocol Exotic Markets has reportedly secured $5 million in capital from various prominent VCs and investors. In addition, the private token sale round attracted a lot of attention, as demand for structured products in decentralized finance has picked up, according to an update shared… Read More

January 6, 2022 @ 8:03 am By Omar Faridi  |  

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

January 5, 2022 @ 2:38 pm By Omar Faridi  |  

Binance Labs has reportedly invested $12 million in WOO Network as the two parties focus on further expanding their long-standing relationship. As mentioned in an update from Binance Labs, the investment will aim to “support WOO Network’s rapid expansion through talent acquisition, research and development,… Read More

January 5, 2022 @ 2:12 pm By Omar Faridi  |  

The VeChain Foundation, a non-profit entity established in Singapore, recently revealed that they’re pleased to confirm that following months of development, the contract for VeUSD, VeChain’s first native stablecoin, will “soon go live on mainnet, ushering in a new era for VeChainThor.” With their international… Read More

January 5, 2022 @ 11:04 am By Omar Faridi  |  

Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

January 4, 2022 @ 5:53 pm By Omar Faridi  |  

The team at ARPA reveals that they’re partnering with Wintermute, a global algorithmic market maker in digital assets. As explained in the update, Wintermute will help ARPA for liquidity provision on centralized and decentralized exchanges. It will support ARPA fiat currency pairs like ARPA/EUR, ARPA/USD,… Read More

January 4, 2022 @ 10:01 am By Omar Faridi  |  

The team at IOST says that 2021 was a year of “highs and lows” for not only IOST but the entire blockchain and cryptocurrency ecosystem. They’ve noted that they’re thankful for IOSTIANS for staying with them through this “wild ride.” Now that they’ve got some… Read More

January 3, 2022 @ 10:19 pm By Omar Faridi  |  

The Neoverse has entered into a “new chapter.” In order to celebrate the launch of the N3 MainNet, NGD (or NEO Global Development) launched Neoverse — which is described as an NFT mint and collection campaign carried out “with multiple developer communities, ecosystem projects, and… Read More