Tagged: defi

August 30, 2021 @ 9:00 am By Omar Faridi  |  

Hats has secured $3.5 million in seed funding in order to create an “incentivized” cybersecurity network. Hats is now live with Liquity and Kleros bounty vaults, according to an update shared with CI. Hats is described as a “decentralized” cybersecurity incentive network “governed by its… Read More

August 28, 2021 @ 11:51 am By Omar Faridi  |  

On Friday (August 27, 2021), the team at Sygnum banking platform celebrated their anniversary as a “regulated Swiss bank.” As mentioned in an update from Sygnum Bank: “Two years since we received our banking and securities dealer license, we now have significantly more than CHF… Read More

August 28, 2021 @ 8:08 am By Tony Zerucha  |  

AllianceBlock, the chain-agnostic protocol, has today unveiled a new technical roadmap. It outlines the upcoming milestones that will bring AllianceBlock’s vision of bridging the gap between DeFi and traditional finance closer by remedying issues that exist in both spheres and linking the two worlds of… Read More

August 27, 2021 @ 4:24 pm By Tony Zerucha  |  

CoinSwap Space, a decentralized exchange on the Binance Smart Chain, has integrated with Ramp, a move the two say will simplify DeFi activity. Ramp is a fiat onramp which does not require any proof of address to be uploaded by the customer.  This partnership will… Read More

August 26, 2021 @ 7:29 pm By Tony Zerucha  |  

Yieldly, a decentralized finance (DeFi) ecosystem built on the Algorand blockchain, today announced partnerships with esports organizations BOOM esports and Fact Revolution. They will see the release of bespoke esports NFTs that users can win via staking. The partnerships will enable BOOM and Fact Revolution… Read More

August 26, 2021 @ 8:41 am By Omar Faridi  |  

BNPL Pay, a “decentralized” lending protocol that “puts credit in the hands of those who need it the most (users without capital), says that it aims to address the problems presented by uncollateralized borrowing through their “novel” design of “a decentralized network of banking nodes.”… Read More

August 25, 2021 @ 10:12 pm By Omar Faridi  |  

Matrixport, Asia’s digital assets financial services platform, has introduced “ETH2.0 Staking Earn,” an offering that enables clients to take part in Ethereum 2.0 (ETH 2.0) staking at a “low threshold,” while earning yield from Ethereum “lock-up rewards.” Through the ETH 2.0 Staking Earn program, participants… Read More

August 24, 2021 @ 9:51 pm By Omar Faridi  |  

OpenSwap has secured more than $1M in a “strategic” funding round for an integrated DeFi Hub, according to an update shared with CI. OpenSwap, an integrated DeFi Hub built as an “interchain, decentralized liquidity booster for traders,” finalized its latest investment and raised $1 million+…. Read More

August 24, 2021 @ 2:21 pm By Omar Faridi  |  

Avalanche lending protocol BENQI has reached $1 billion in total value locked (TVL) only a few days after its launch. BENQI, an algorithmic liquidity market protocol, has managed to attract more than $1 billion in total assets to its “decentralized” platform since its launch on… Read More

August 24, 2021 @ 1:49 pm By Omar Faridi  |  

Bringing Bitcoin (BTC) to Cosmos had always been “part of the plan,” according to the Cosmos development team. With the new grant from the Interchain Foundation (ICF) to Interlay, the developers of interBTC, that goal “is getting closer.” Cosmos has always been “ahead of the… Read More

August 22, 2021 @ 2:34 pm By Tony Zerucha  |  

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

August 22, 2021 @ 2:21 pm By Omar Faridi  |  

Fintech Collective, a VC company that’s focused on creating the “future” of financial services by investing across traditional Fintech and emerging crypto-assets, revealed on Friday (August 20, 2021) that it has raised capital, as part of its existing early-stage strategy and for its new strategy… Read More

August 22, 2021 @ 1:27 pm By Omar Faridi  |  

Anchorage Digital, which aims to advance institutional participation in the digital assets space, reveals that institutions are now able to take part in Aave (AAVE) governance via on-chain voting offered by Anchorage digital bank. Aave is an open-source and non-custodial protocol for generating interest on… Read More

August 21, 2021 @ 7:51 pm By Omar Faridi  |  

The team at Astra Protocol, which aims to equip the decentralized finance (DeFi) space with a complete legal layer and unlock the future growth of the industry, notes that operating within DeFi comes with “unpredictability” as well as key opportunities. Some of the main benefits… Read More

August 21, 2021 @ 2:03 pm By Omar Faridi  |  

The team at OKEx, one of the world’s largest digital asset exchanges in terms of adjusted trading volume and scope of operations, has introduced its $10 million Metaverse program. As noted in an update shared with CI, the rapid development of Metaverse initiatives is leading… Read More

August 20, 2021 @ 12:00 pm By Omar Faridi  |  

The art and collectible markets are considerably more “liquidity-starved” when compared to the global equity, gold markets, and other assets. And this problem is even more prevalent in the NFT market, which is its early stages of development. It might take a long time to… Read More

August 19, 2021 @ 10:22 am By Omar Faridi  |  

The team at ApeSwap.Finance, a decentralized or non-custodial exchange on Binance Smart Chain (BSC), reveals that REVV is preparing to join the ApeSwap Jungle. REVV Motorsport is a “play-to-earn” gaming and NFT ecosystem that’s based on Ethereum (ETH), “encompassing some of the most popular performance… Read More

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 18, 2021 @ 11:20 am By Omar Faridi  |  

Umbrella Network, the decentralized Layer-2 Oracle network, revealed that it has launched its community validator program. As mentioned in a release shared with Crowdfund Insider, the onboarding of community validator members will aim to “democratize” Oracle data and enable members or participants of the network… Read More

August 17, 2021 @ 12:29 pm By Omar Faridi  |  

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More