Tagged: defi

May 26, 2021 @ 8:16 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Wednesday it has listed five new DeFi coins, which are AAVE, LINK, MKR, UNI, and YFI. According to Wirex, the addition of the coins will build on the 9 cryptos and 9 traditional currencies that the platform currently offers. … Read More

May 25, 2021 @ 10:57 pm By Omar Faridi  |  

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

May 23, 2021 @ 11:41 pm By Omar Faridi  |  

YIELD App, which provides a convenient way to invest in decentralized finance (DeFi) using crypto-assets or traditional currencies (regardless of your financial or tech expertise), has teamed up with DeFi insurance protocol Steady State. As noted in an update from YIELD App, they’re looking forward… Read More

May 23, 2021 @ 10:38 pm By Omar Faridi  |  

Adam Turman, Developer Support Engineer at Kava Labs, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that when Hard Money Market V2 was introduced on April 8, 2021, Binance USD (BUSD) had been the… Read More

May 23, 2021 @ 8:11 pm By Omar Faridi  |  

InsurAce, a DeFi insurance protocol, is introducing multi-chain insurance services on its Ethereum dApp (app.insurace.io), in order to offer insurance coverage to protocols and blockchain platforms like Ethereum, Binance Smart Chain (BSC), Huobi Eco Chain (HECO), Solana, Polygon, and Fantom. As mentioned in the announcement,… Read More

May 22, 2021 @ 4:12 pm By Omar Faridi  |  

Ontology (ONT), a high-throughput and high-performance blockchain platform for decentralized, digital ID solutions, reports that it has successfully integrated with OKExChain. OKExChain is a set of open-source public chain projects implemented by digital asset firm OKEx. The chain has managed to achieve high performance and… Read More

May 20, 2021 @ 10:22 pm By Omar Faridi  |  

Decentralized finance (DeFi) aggregator PlasmaFinance has introduced what it claims to be an “industry-first” Limit Order functionality for its native DeFi (decentralized or non-custodial) (DEX), PlasmaSwap, which lets users make swaps at “precise” price points, thus enabling “safer, stress-free DeFi trading.” As mentioned in a… Read More

May 20, 2021 @ 9:17 pm By Omar Faridi  |  

SlowMist, which focuses on blockchain ecosystem security, and has served major digital asset firms such as Huobi, OKEx, Binance, imToken (with around 1,000 commercial customers), has conducted an analysis on the recent PancakeBunny hack. SlowMist Zone had reported that PancakeBunny, the decentralized finance (DeFi) revenue… Read More

May 20, 2021 @ 10:00 am By Omar Faridi  |  

Figure Technologies, Inc., which aims to transform financial services by leveraging the power of blockchain tech, has finalized a $200 million Series D round at a $3.2 billion valuation. 10T Holdings and Morgan Creek Digital have reportedly co-led the investment round. They’ve been joined by… Read More

May 19, 2021 @ 11:01 pm By Omar Faridi  |  

The developers of decentralized insurance protocol, InsurAce have partnered with Dora Factory,  in order to offer one of the industry’s first IDO (Initial DEX Offering) insurance products on PentaLaunch, an IDO platform that’s reportedly owned by Dora Factory. As mentioned in a release shared with… Read More

May 18, 2021 @ 12:00 pm By Omar Faridi  |  

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

May 17, 2021 @ 9:43 pm By Omar Faridi  |  

Digital asset firm Kraken notes in a blog post that Ethereum (ETH) remains a “driving force” behind cryptocurrency innovation. The team at Kraken points out that during the past year, Ethereum has played host to an “explosion” in digital art and “created a multi-billion dollar… Read More

May 16, 2021 @ 4:07 pm By Omar Faridi  |  

High-performance, high-throughput blockchain developer Ontology (ONT) has published its Weekly Report, ending May 11, 2021. Ontology, which develops digital ID solutions and various other distributed ledger tech (DLT) applications, notes that ONTO and bloXroute announced a partnership to offer ETH “front-running” protection for wallet users… Read More

May 14, 2021 @ 6:38 pm By Omar Faridi  |  

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy… Read More

May 13, 2021 @ 11:27 pm By Omar Faridi  |  

Huobi Group, a global blockchain firm, revealed on Thursday (May 13, 2021) that it has introduced Huobi Ventures, which is a “wholly-owned” subsidiary focused on expanding Huobi’s venture investment portfolio. Huobi Ventures will also be supporting “innovative” blockchain or distributed ledger tech (DLT) initiatives via… Read More

May 13, 2021 @ 4:01 pm By Samantha Hurst  |  

Alice, a mobile Decentralized Finance (DeFi) application, announced on Thursday it raised $2 million through its latest seed funding round, which was led by Arrington Capital. Alice is reportedly powered by Terra, the Proof-of-Stake blockchain network built on the Cosmos SDK that deploys a suite… Read More

May 12, 2021 @ 11:46 am By Omar Faridi  |  

Balancer Version 2.0, the “most flexible” and efficient automated market maker (AMM) is now live. Balancer Labs, which aims to become the “primary source” of DeFi liquidity by offering the “most flexible” and simple platform for asset management, has announced many new updates. As previously… Read More

May 11, 2021 @ 7:37 pm By Omar Faridi  |  

Beginning on Monday (May 10, 2021), digital asset firm Coinbase will be supporting Internet Computer (ICP) at Coinbase.com (for retail traders) and via the Coinbase Android and iOS apps as well. Coinbase clients now have the option to purchase, sell, convert, send, receive, or store… Read More

May 10, 2021 @ 2:58 pm By Omar Faridi  |  

Digital asset platform CoinList recently announced the Centrfuge Token Sale. CoinList‘s management noted (on May 6, 2021) that they’re pleased to  confirm that the registrations for the Centrifuge sale on CoinList is now open. As noted by the CoinList team, the sale has two options… Read More

May 7, 2021 @ 10:52 pm By Omar Faridi  |  

IOST has teamed up with Moonstake in order to support staking functionality for IOST coin on Moonstake wallets. Moonstake began offering services in the staking business in 2020 with the goal to develop the biggest staking network in Asia. Since that time, Moonstake claims it… Read More