Tagged: defi

November 9, 2021 @ 10:50 am By Omar Faridi  |  

After a lot of hard work, rigorous testing, and steady support from their partners and the developer community, Crypto.com is pleased to confirm the introduction of the Cronos mainnet beta (on November 8, 2021). Cronos is reportedly the first Cosmos Ethereum Virtual Machine or EVM… Read More

November 9, 2021 @ 9:19 am By Omar Faridi  |  

izumi Finance, a protocol that’s focused on providing liquidity as a service through Uniswap Ver 3.0, has raised $2.1M in funding from established decentralized finance (DeFi) industry investors. Izumi’s round has was led by Mirana Ventures and includes participation from Everest Ventures Group, Youbi Capital,… Read More

November 9, 2021 @ 7:40 am By Omar Faridi  |  

Binance Smart Chain (BSC), the decentralized finance (DeFi) and non-fungible token (NFT) infrastructure, has confirmed its plans of working with information technology universities internationally via the $100 million Talent Development (TD) program that is “focused on advancing research, education, and career opportunities in crypto and… Read More

November 8, 2021 @ 9:09 am By Omar Faridi  |  

DODO, the decentralized or non-custodial exchange platform that’s being powered by the Proactive Market Maker (PMM) algorithm, has introduced the Stable DODO token. The new stable token, worth “exactly $1 USD,” has been developed to serve as a new base asset for the DODO community… Read More

November 7, 2021 @ 8:07 pm By Omar Faridi  |  

Minterest, a “value-capturing” lending and borrowing protocol developed to make decentralized finance (DeFi) fairer for end-users, has confirmed that it will be launched on Moonbeam, an Ethereum (ETH)-compatible smart contract parachain built on Polkadot. As mentioned in an update shared earlier this week with CI,… Read More

November 7, 2021 @ 1:47 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

November 2, 2021 @ 9:33 am By Tony Zerucha  |  

As the DeFi revolution continues, we’re first going to see the introduction of tools like those in more mature markets, then we’ll watch as those tools adapt to the specific needs of DeFi. One of the DeFi tools still in its infancy are volatility measures,… Read More

October 31, 2021 @ 10:47 am By Omar Faridi  |  

At Gemini, they are constantly “tuned in” to the international crypto ecosystem in search of high-potential digital tokens to add to their platform, the company noted in a blog post. That’s why they are exploring the following crypto tokens for trading and custody support: Audius… Read More

October 28, 2021 @ 11:11 am By Omar Faridi  |  

Umbrella Network , a decentralized Layer-2 oracle solution, has announced its launch on Polygon. At the time of launch, more than 2000 data pairs will be made available “across the ecosystem, including price data from cryptocurrencies, cryptocurrency options and derivatives, US equities, commodities markets, and… Read More

October 27, 2021 @ 4:58 pm By Omar Faridi  |  

XDEFI Wallet introduced its utility token $XDEFI, which is reportedly the latest token to be created by Delphi Digital ($AXS, $YGG, $PERP). The $XDEFI utility token will aim to support the larger XDEFI Wallet ecosystem including funding various decentralized finance (DeFi) and NFT projects. Token… Read More

October 25, 2021 @ 6:36 pm By JD Alois  |  

WallStreetBets founder Jaime Rogozinski told Money 20/20 attendees that he is launching the WSBDApp to facilitate securities trading by working with Digital Markets (DIGTL), Liquid and MERJ Exchange (MERJ) alliance to “provide access to exchange-traded portfolios, tokenized stocks of major global companies and other assets… Read More

October 24, 2021 @ 6:07 pm By Omar Faridi  |  

The Kava 9 mainnet upgrade is coming, and it’s bringing several key changes aimed at further expanding the Kava Ecosystem by adding more ways for users and projects to bring their assets to Kava. As mentioned in a blog post by the team at Kava… Read More

October 22, 2021 @ 2:55 pm By Tony Zerucha  |  

Enterprise-focused blockchain platform Cypherium and Boston Consulting Group (BCG) this week released a joint white paper suggesting banks should potentially embrace crypto payments amid the emergence of central bank digital currencies (CBDCs) and evolving competition from big tech companies. With other private-sector payment solutions are ready to take on… Read More

October 21, 2021 @ 12:09 pm By Omar Faridi  |  

Lukka, an enterprise crypto-asset data and software solution provider, has acquired Blox Finance, the digital currency accounting, tracking and management software subsidiary of Blox, an ETH staking and decentralized infrastructure provider. According to a release, Lukka has purchased Blox blockchain node infrastructure and intellectual property…. Read More

October 20, 2021 @ 3:13 pm By Omar Faridi  |  

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

October 19, 2021 @ 10:07 pm By Omar Faridi  |  

Asia Digital Bank Ltd. (Labuan Investment Bank), the first recipient of the Digital Banking license issued by Labuan Financial Services Authority in Malaysia and an international digital asset operator, announced a partnership with Bianjie, which is IRISnet’s Core team, and a Cosmos Core Contributor since… Read More

October 18, 2021 @ 9:15 pm By Omar Faridi  |  

In just 5 months since their Genesis launch, the Internet Computer blockchain has seen steady growth of its developer community, whose decentralized applications (dApps) and services have managed to attract around 250,000 users. On May 25, 2021, the DFINITY Foundation confirmed that the DFINITY Developer… Read More

October 18, 2021 @ 7:15 pm By Omar Faridi  |  

Hashbon, a project that aims to transform the decentralized cryptocurrency payment industry for individual users and businesses, reveals that they have expanded to the Hashbon FiRe (Finance Reinvented) ecosystem and also introduced a cross-chain DEX (CDEX), called Hashbon Rocket. The team says that they plan… Read More

October 18, 2021 @ 10:09 am By Omar Faridi  |  

Beginning on October 14, 2021, BadgerDAO (BADGER) and Rarible (RARI) have been available on Coinbase.com and in the Coinbase Android and iOS apps. Digital asset firm Coinbase‘s (COIN: NASDAQ) clients are able to trade, send, receive, or store BADGER and RARI in “most Coinbase-supported regions,… Read More

October 18, 2021 @ 8:00 am By Omar Faridi  |  

We recently connected with Rachid Ajaja, CEO and Founder of AllianceBlock, the first “globally compliant” decentralized capital market. Ajaja explained what his organization is doing to support the nascent DeFi space. He also commented on the rise of crypto-assets and how to create a sustainable… Read More