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NAOS and IoTeX Introduce NFD Into Credit Risk Assessments
28.10.2021
Since the traditional credit rating procedure focuses on examining financial statements, Micro, Small, and Medium Enterprises (“MSMEs”) have difficulty acquiring loans from banks. Many SMEs cannot satisfy the standards due to a lack of financial data or confirmation of assets. According...
FATF Wants Countries to Get Serious About Crypto Regulation, Mentions NFTs, DeFi
28.10.2021
The Financial Action Task Force (FATF) is looking to ramp up the pressure on countries to adopt crypto regulations – and its updated guidance has made mention of non-fungible tokens (NFTs), decentralized finance (DeFi), peer-to-peer (P2P) trading, and stablecoins for the first time....
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Adobe Jumps Into Non-Fungible Token Ecosystem With ‘Prepare as NFT’ Photoshop Tool
27.10.2021
Adobe Inc., the American multinational computer software company that’s well known for its platforms like Photoshop and Illustrator, has jumped into the non-fungible token (NFT) universe. According to Adobe chief product officer Scott Belsky in a recent interview with The Verge, “NFTs...
Putting a cap on decentralization: How regulation impacts DeFi adoption
27.10.2021
As legislation threatens to allow centralization to creep into the DeFi space, regulation could have complex effects on the adoption
Gemini Seeks Support for 10+ Data Management, DeFi, and Metaverse Tokens
27.10.2021
Gemini, the renowned crypto ecosystem, is exploring custody support for 10+ data management, DeFi, and Metaverse tokens. It includes names like Quant (QNT), Audius (AUDIO), Mask Network (MASK), Radicle (RAD), ASH (ASH), API3 (API3), Wrapped Centrifuge (WCFG), SuperRare (RARE), Fetch AI (FET)...
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
27.10.2021
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after...
Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target
27.10.2021
Derivatives data shows institutional demand remains strong for SOL, and on-chain data points to a rally to $250
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
BlockBank Just Launched Its DeFi Application, Where Users Can Interact With an AI-Powered “Robo Advisor”
26.10.2021
PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial Intelligence (AI) technology, is officially launching its all-encompassing financial application in Q4 of 2021. On a mission to grow worldwide accessibility to DeFi...
Ampleforth integrates with Avalanche to introduce stablecoin alternative
26.10.2021
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction
Immunefi to bolster DeFi security service with new funds
26.10.2021
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020
The New Galaxy to Be Launched on the BSC Soon
26.10.2021
Celestial has decided to open up the new galaxy, the Beta Version of the Binance Smart Chain, in October 2021. Players are excited to see this new experience this new celestial universe. The Celestial Interstellar Resolution Court has decided that all of the respective fee income generated through...
Start-up CGU Raises $2.5 Million USD in Third Public Round
26.10.2021
PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain...
Ethereum competitor Near launches $800M developer fund as DeFi competition heats up
25.10.2021
Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize
BitGo integrates Stacks, bringing Bitcoin DeFI to institutions
25.10.2021
Stacks is bridging decentralized finance and the Bitcoin network. BitGo users will now have access to BTC yield directly through STX token
Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
25.10.2021
SOL price continues to climb with Solana's TVL also hitting a new high of nearly $14 billion
DeFi Adoption About to Get a Major Boost with the Upcoming cBridge 2.0
25.10.2021
Decentralized finance (DeFi) has made big strides in the last couple of years. The total value locked in DeFi protocols has crossed $100 billion, standing at $103.3 billion at the time of this writing. For the uninitiated, DeFi projects aim to offer the same services as traditional finance,...
Why now? SEC took eight years to authorize a Bitcoin ETF in the US
25.10.2021
The SEC has been holding steady for years, but the real-world dynamics of crypto adoption and maturation rendered an ETF approval all but inevitable
CardStarter Introduces Everlens for Instagram
25.10.2021
The IDO for Everlens, the first NFT platform designed for Instagram, will be launched by CardStarter. CardStarter is the world’s top incubator and insurance program for Cardano companies. Instagram is now a centralized platform allowing individuals to upload their content while Facebook,...
Silta Finance – Competitive Interest Rates and Fast Due Diligence Draw Project Finance Company Towards Crypto Loans
24.10.2021
PRESS RELEASE. Silta Finance, a new DeFi lending solution, challenges traditional banking sector’s predominance in project finance by announcing a partnership with the Singapore headquartered development company WEnergy Global. WEnergy Global has agreed to explore cryptocurrency lending...