Tagged: defi

October 1, 2021 @ 8:17 am By Omar Faridi  |  

XDEFI Wallet, a next-gen browser wallet, is pleased to confirm that it has completed a $6 million round that was led by Mechanism Capital along with contributions from DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and DeFi industry participants such… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 29, 2021 @ 9:21 pm By Tony Zerucha  |  

Peer-to-peer marketplace 4K.com, which offers digital collectibles and luxury goods powered by NFTs, this week announced its highly-anticipated marketplace launch for collectors and resellers across the world. Customers send their collectible to 4K, which authenticates, insures, and then stores it. The customer receives an NFT… Read More

September 29, 2021 @ 7:36 pm By Tony Zerucha  |  

Blockchain-based app technology provider Algorand today announced the availability of the Algorand Virtual Machine (AVM). This upgrade to Algorand’s Layer-1 protocol, now available on MainNet, provides tools for developers and organizations looking to build applications of the future on fast, scalable, low cost and stable… Read More

September 28, 2021 @ 8:38 pm By Tony Zerucha  |  

A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who don’t currently have exposure to cryptocurrencies and digital assets, reveals 62 per cent expect to invest in these for the first time within the next year,… Read More

September 28, 2021 @ 12:00 pm By JD Alois  |  

Chainlink has partnered with Wrapped to allow users to wrap their crypto and use it on multiple chains. Wrapped is a joint initiative between TokenSoft and Anchorage. Wrapped said it is exciting to have selected Chainlink Proof of Reserve (PoR) to provide complete on-chain auditability… Read More

September 28, 2021 @ 9:00 am By Omar Faridi  |  

Acala, the decentralized finance (DeFi) network and liquidity hub of Polkadot, reveals that it has formed a partnership with Blockdaemon, a blockchain or DLT  infrastructure provider, in order to support its newly-developed staking derivatives for Polkadot (DOT) and Kusama (KSM). As noted in an update… Read More

September 27, 2021 @ 7:58 pm By Omar Faridi  |  

Chainlink VRF has enabled over 35 blockchain RNG use-cases. RNG or (secure) random number generator supports smart contracts and off-chain systems in order to access “a verifiably tamper-proof source of randomness.” Since its mainnet launch in October of last year, Chainlink VRF has serviced more… Read More

September 27, 2021 @ 2:46 pm By Omar Faridi  |  

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers OpenSea, Foundation, SuperRare, RMRK, and Fractional. Spencer Noon reports that analysts have covered the non-fungible tokens or NFTs space for: OpenSea, Foundation, SuperRare, RMRK, and… Read More

September 24, 2021 @ 9:13 am By Omar Faridi  |  

BNPL Pay has finalized its investment round. The Fintech company has secured a total of $7.14 million for the ongoing development of its protocol. As previously reported, the BNPL token is the utility and governance token of the BNPL Pay ecosystem. Below is a breakdown… Read More

September 23, 2021 @ 10:27 pm By Omar Faridi  |  

InvestaX (IC SG Pte Ltd) has introduced an exchange in the Monetary Authority of Singapore (MAS) sandbox, offering key infrastructure for “bringing liquidity to digital securities.” As mentioned in a release, InvestaX is a Singapore-based, MAS-licensed online investment and trading platform for Digital Securities (DSO)… Read More

September 23, 2021 @ 10:37 am By Omar Faridi  |  

Portal, a self-hosted Layer-2 wallet and “true” cross-chain DEX on Bitcoin that “makes atomic swaps between Bitcoin and other digital assets fast, secure, and private,” is pleased to confirm that it has finalized an $8.5 million round to develop a self-sovereign and “uncensorable” DeFi solution… Read More

September 23, 2021 @ 10:16 am By JD Alois  |  

Tokeny Solutions has issued a statement on the new ERC3643, a protocol currently in use by some financial institutions. EIP-3643: T-REX is an Ethereum based standard that is described as an institutional-grade security token standard that provides interfaces for the management and compliant transfer of… Read More

September 23, 2021 @ 9:30 am By Omar Faridi  |  

eToro, a multi-asset investment platform that empowers consumers to grow their knowledge and wealth as part of a global community of investors, reveals that it’s “reinforcing its commitment to opening the digital economy to the next billion global crypto users.” eToro confirmed in a release… Read More

September 22, 2021 @ 11:12 am By Omar Faridi  |  

Amasa has finalized a $1.5 million round, according to an update shared with CI. As mentioned in a release, this early capital injection from key supporters should help Amasa with introducing “investment streaming” to the world, empowering consumers to leverage the wealth-building potential of micro… Read More

September 21, 2021 @ 8:18 pm By Tony Zerucha  |  

Prophecy DeFi has appointed Peng Zhong to its advisory committee, effective immediately. The CEO of DeFi software provider Tendermint, Zhong leads a team that builds applications to improve the usability, accessibility, and safety of blockchain for developers and end-users. Tendermint is a core contributor to… Read More

September 21, 2021 @ 1:36 pm By Omar Faridi  |  

A motion proposal to integrate Bitcoin (BTC) with the Internet Computer has reportedly been approved by community members. According to an update shared with Crowdfund Insider, the plan should add smart contracts to Bitcoin via an application of Chain Key cryptography that will “directly integrate… Read More

September 21, 2021 @ 10:08 am By Omar Faridi  |  

Taker Protocol, a cryptocurrency liquidity protocol for NFTs, has secured $3 million in capital from several investors in order to develop financial primitives for the nascent non-fungible token sector. Taker Protocol‘s investment round has been led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital,… Read More

September 19, 2021 @ 7:27 pm By Tony Zerucha  |  

Will a new competitor to Ethereum emerge, or will the acknowledged Web 2.0 winner dominate the DeFi space for years to come? It’s an interesting question for several reasons. One is that the DeFi space is still early in its evolution. Sometimes early mover advantage… Read More

September 19, 2021 @ 11:17 am By Omar Faridi  |  

Digital asset platform CoinList says that its mission is to promote the advancement and adoption of crypto-assets. CoinList writes in a blog post that they have been working with some of the leading initiatives to help with powering their digital token sales, while also connecting… Read More