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ClayStack raises $5.2M for liquid staking protocol
13.7.2021
“We believe ClayStack has developed an efficient solution that addresses the shortcomings of present-day liquid staking protocols,” said CoinFund Founder and CEO Jake Brukhman. CoinFund was among several blockchain venture firms to participate in the raise
Reef Finance to Add Raze Network
13.7.2021
Reef Finance recently announced its decision to enter into a strategic partnership for working on private transactions of decentralized finance. Raze Network is developing unique solutions that can ensure end-to-end anonymity for the Web3.0 stack and EVM-compatible DeFi. The novel solutions involve...
Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
12.7.2021
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares...
Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY
9.7.2021
PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest...
Alium.finance Now Integrated With Ethereum Network
8.7.2021
Alium.Finance has announced that it has completed its decentralized exchange (DEX) integration with the Ethereum network. This can be certainly regarded as a milestone for the project and will allow the user of DEX to leverage immense opportunities available on the blockchain network of Ethereum....
Alium Finance DEX Integrates with Polygon And ETH Blockchain Protocols
8.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Alium Finance project has successfully integrated its Aliswap decentralized exchange with the Ethereum and Polygon networks, leveraging the capabilities of both blockchains for expanding functionality for...
Reef Finance & Opendao Declared REEF to Be a USDO Collateral
7.7.2021
Reef Finance and OpenDAO are ecstatic to announce that the REEF has been approved as the collateral that could be used for USDO minting on the BSC (Binance Smart Chain)! Reef Chain, a scalable, quick, and EVM-supported chain for DeFi applications, was developed by Reef Finance. Reef Chain...
Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’
7.7.2021
The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last...
Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury
7.7.2021
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold...
Alpha Finance Lab (ALPHA) rallies 50% as project fundamentals improve
7.7.2021
ALPHA price turned bullish shortly after the project introduced staking, simplified farming options and a launchpad for new blockchain projects
$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
6.7.2021
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul...
India’s Finance Minister Says Crypto Bill Ready for Cabinet
6.7.2021
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. Status of Indian Crypto Bill Indian...
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
6.7.2021
Aave's gains also coincide with a sharp upside momentum across the cryptocurrency market
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...
3 reasons why Enzyme Finance (MLN) is up 92% in a week
5.7.2021
Enzyme price doubles in a week after major exchange listings and big-name DeFi partnerships lead to a 2,000% increase in 24-hour trading volume
SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion
5.7.2021
However, SNX withdrawals from Synthetix pools picked up momentum during the price boom
Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
5.7.2021
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group...
Japan’s finance industry awaits clearer picture of digital yen in 2022
5.7.2021
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued
Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
5.7.2021
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time...
Finance Redefined: The $500 million bet on ETH 2.0 making waves! June 24-July 1
3.7.2021
We don’t the identity of the whale that’s deposited a half billion into Ethereum, but a look at the chain tells us a whole lot about them