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Brazil tests DeFi elements, compatibility in Drex CBDC pilot
4.10.2024
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability
The Future Is Open Finance
26.3.2024
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
17.12.2022
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with...
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
29.11.2022
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app”...
Li Rongbin, Founding Partner of SevenX Ventures, Explains Where the Metaverse and NFT Market Are Heading
18.11.2021
SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion)...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Pandora Finance’s $2.4M raise helps spearhead open finance protocol
15.6.2021
“Adoption has never been affected and never been stopped. The right product always gets adopted irrespective of market conditions,” said Puskar Vohra, CEO of Pandora Protocol
Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs
29.5.2021
PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of strategic...
Open Finance Is Better Than Broken Finance
19.11.2020
Traditional financial services fail to meet the core needs of a global economy. DeFi is not perfect but it's for everyone
CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round
9.10.2020
9th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality....
Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin
22.4.2020
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a...
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Decentralized Finance Projects Are Starting to Ship
27.9.2019
Defi, defi, defi. You can’t go anywhere in crypto these days without having that contraction thrown at you. 2017 was all about the ICO, 2018 was about surviving the bear market, and early 2019 was a toss-up between IEO and STO. Now, as we prepare to enter Q4 of 2019, it’s all about...