Tagged: defi

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

November 27, 2021 @ 11:00 am By Omar Faridi  |  

Binance Smart Chain, which claims to be the leading decentralized finance (DeFi), non-fungible token (NFT) and Infra platform, has reportedly completed the first community-voting mechanism pilot for its Most Valuable Builder Program that “selected top ten projects from a pool of industry-leading BSC projects.” As… Read More

November 26, 2021 @ 3:32 pm By Omar Faridi  |  

The decentralized finance sector has truly achieved a lot in the past few years, but it has an exposed Achilles heel in security issues. To address this issue once and for all, we need a robust blockchain network and ecosystem built from scratch with security… Read More

November 25, 2021 @ 1:05 pm By Tony Zerucha  |  

Several Indian business leaders spoke out against what they believe is their government’s overly cautious approach to cryptocurrency regulation. They made the comments during the Mumbai Micro Experience of Fintech Festival India 2021-22. Mrutyunjay Mahapatra, a member of the Governing Council of RBI (Reserve Bank… Read More

November 25, 2021 @ 9:00 am By Omar Faridi  |  

Panther Protocol, an end-to-end privacy solution that creates privacy for decentralized finance (DeFi) and Web 3.0 users across public blockchains, has secured more than $22 million as part of their Public Sale. This brings the total amount secured by the project to $32 million. Panther… Read More

November 24, 2021 @ 12:31 pm By Omar Faridi  |  

Celer Network says it will be integrating Kava with their cBridge cross-chain bridging protocol, supporting quick, cost-effective bridging of assets between Kava and other supported chains. As noted in a blog post, the integration should be able to link cBridge users to a new way… Read More

November 23, 2021 @ 5:42 pm By Tony Zerucha  |  

C3 Protocol, a decentralized capital market powered by a cross-margin cross-collateralization clearing engine protocol, this week announced a $3.6 million raise, which was led by Arrington Capital and Jump Capital. The platform’s goal is to build an all-in-one capital market for spot and derivatives trading…. Read More

November 23, 2021 @ 2:25 pm By Tony Zerucha  |  

HUMBL this week released HUMBL Pay, a mobile wallet that includes the latest upgrades to its peer-to-peer (P2P) capability, along with additional features that simplify the management of digital assets and blockchain functionality. The service is now available on the Apple App Store and Google… Read More

November 22, 2021 @ 12:00 pm By JD Alois  |  

Bank of England External Member of the Financial Policy Committee Carolyn A. Wilkins will deliver a speech to the Québec Autorités des marchés today. The text of her speech has been released in advance of the presentation and she will be addressing the booming crypto… Read More

November 22, 2021 @ 8:39 am By Omar Faridi  |  

Blockchain or distributed ledger technology (DLT) has disrupted many industries since its launch and now it could be the turn for venture capital. We recently had the chance to connect with Hatu Sheikh, a founding member at DAO Maker — a platform opening up the… Read More

November 20, 2021 @ 9:30 am By Omar Faridi  |  

The team at digital assets firm OKCoin notes that now you can access 20 different cryptocurrency staking and decentralized finance (DeFi) offers right via their mobile app. This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron… Read More

November 18, 2021 @ 3:19 pm By Tony Zerucha  |  

While the Reserve Bank of Australia (RBA) is conducting research into various applications of cryptocurrencies and distributed ledger technologies, they are under no pressure to quickly roll out solutions to address clear needs in the marketplace, a representative said earlier today. Speaking to the Australian… Read More