Tagged: defi

July 2, 2021 @ 12:21 pm By Omar Faridi  |  

Yearn Finance, a group of products managing more than $3.75 billion worth of capital that allow users to “optimize” their earnings on crypto-assets via lending and trading services, revealed on July 1, 2021, that it has launched its bounty program with Immunefi, which is one… Read More

July 2, 2021 @ 8:21 am By Omar Faridi  |  

Balancer has joined Polygon’s summer of DeFi with $10 million in joint token incentives. Balancer Protocol has introduced support on the Layer 2 solution Polygon in order to lower gas costs. Polygon (MATIC) has experienced steady user adoption in 2021 with major decentralized finance (DeFi)… Read More

July 1, 2021 @ 8:04 pm By Omar Faridi  |  

Avalanche, an open-source platform for deploying decentralized applications (dApps) and enterprise-grade blockchain initiatives, notes in a blog post that Lydia Finance, an Automated Market Maker (AMM), Yield Farming, and Staking platform, is live on Avalanche. As mentioned in the announcement, their intuitive UI and comprehensive… Read More

June 28, 2021 @ 3:53 pm By Omar Faridi  |  

Seychelles registered crypto exchange OKEx, which claims to be the leader in cryptocurrency spot and derivatives trading, is pleased to confirm that OKExChain, an open-source and “truly” decentralized ecosystem “designed explicitly with traders in mind,” is available to blockchain developers “to kickstart exciting decentralized apps.”… Read More

June 27, 2021 @ 5:13 pm By Omar Faridi  |  

Internet browser Opera (NASDAQ: OPRA), and Celo, an open-source blockchain or DLT ecosystem that aims to make decentralized financial (DeFi) solutions and tools more accessible to smartphone users, have confirmed that Opera will be adding Celo Native Asset (CELO), Celo Dollar (cUSD), and Celo Euro… Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

June 22, 2021 @ 8:06 pm By Tony Zerucha  |  

Mobile DeFi app Donut has raised another $2 million from a group led by Redalpine. Owners of the Washington Nationals, Inventures, Entrepreneur First and Compound founder Robert Leshner also participated, with the funds allotted for user growth and product development. Donut’s total funding now sits… Read More

June 20, 2021 @ 3:16 pm By Omar Faridi  |  

The team at digital asset firm Gemini notes that they are adding trading support for a new set of decentralized finance (DeFi), infrastructure, and data management tokens. Gemini is adding Alchemix (ALCX), Ankr Network (ANKR), Fantom (FTM), Mirror Protocol (MIR), API3 (API3), and DerivaDAO (DDX)…. Read More

June 19, 2021 @ 10:28 am By Omar Faridi  |  

The team at Chainlink (LINK), the developers for decentralized Oracles and various other solutions for blockchain and smart contract platforms, are announcing that registration is currently open for Chainlink’s Summer 2021 Smart Contract Developer Bootcamp. The Chainlink team notes that the program is designed to… Read More

June 16, 2021 @ 10:27 pm By Omar Faridi  |  

The MUNCH Project, which is described as a decentralized and community-owned currency (a charitable project that has reportedly given away $2.7 million in four weeks), with a “deflationary” model that gives back to the community, recently revealed that they have made MUNCH “more available” and… Read More

June 16, 2021 @ 9:15 pm By Tony Zerucha  |  

Yieldly, a DeFi platform built atop the Algorand blockchain, today unveiled Yieldly Bridges a mechanism tying the Algorand ecosystem and major chains, including Ethereum, Polkadot, and Binance. The move brings Yieldly Bridges to an estimated 600,000 Ethereum users As denoted by their name, technologies like… Read More

June 16, 2021 @ 8:22 pm By Tony Zerucha  |  

Revenue from blockchain-based platforms and services is expected to grow 50-fold over the next decade, according to data and analytics firm GlobalData. That will take it from $4 billion in 2020 to $199 billion in 2030, they predict. While businesses have been warned of the… Read More

June 15, 2021 @ 7:39 pm By Priyanka Pani  |  

UK-based crypto platform Ramp has raised $10.1 million in funding from California-based venture firm NFX and financial services firm Galaxy Digital along with some Fintech and crypto entrepreneurs such as Coinbase’s CTO Balaji S Srinivasan. Mozilla, Seedcamp, firstminute capital, and Fabric Ventures also participated in… Read More

June 14, 2021 @ 11:05 pm By Omar Faridi  |  

Roxe, a global payment network, revealed on Friday (June 11, 2021) that it has officially launched  the Roxe Payment Protocol (RPP), which is described as an open, decentralized and peer-to-peer payments protocol developed to offer wholesale foreign exchange rates to individuals, payment firms, banking institutions… Read More

June 14, 2021 @ 10:08 pm By Omar Faridi  |  

Digital asset firm Kraken notes that customers looking to support their “favorite” Kusama projects can now, “for the first time,” take part in Parachain Slot Auctions (or “Parachain Auctions”) directly via the Kraken platform. Kusama is described as a “scalable” network of specialized or purpose-built… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

June 11, 2021 @ 11:25 am By Omar Faridi  |  

We recently connected with Justin Giudici, Head of Product at the Telos Foundation, which supports the development of Telos (TLOS), a high-performance blockchain that has evolved into one of the most promising crypto-focused platforms in the digital assets space. Guidici talked about what makes Telos… Read More

June 9, 2021 @ 9:50 pm By Omar Faridi  |  

During 2020, crypto-asset hedge funds almost doubled to reach an all-time record as the nascent industry continued to deliver a solid overall performance. As part of the recent Bitcoin (BTC), Ethereum (ETH), and wider digital currency market bull run, total assets under management (AUM) of… Read More

June 7, 2021 @ 7:06 am By Omar Faridi  |  

Digital asset platform CoinList notes that they are pleased to confirm that the registrations for the Swarm Token Sale are now open (as of June 3, 2021). The CoinList team describes Swarm as a system of peer-to-peer (P2P) networked computing nodes that create a “decentralized”… Read More