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Unbound Finance Partners With DFYN for New DeFi Yield Prospects
26.5.2022
With DeFi competing with traditional finance, Unbound Finance is set to give the industry another boost. The venture recently announced a partnership with DFYN to do so. The collaboration will see Unbound Finance and DFYN exploring new yield opportunities for DeFi users, and their primary focus...
AstridDAO Enters Microsoft Startup Program for Better Business
25.5.2022
The ‘Big Tech’ firm Microsoft has recently extended support to AstridDAO. The decentralized money market will be enrolled in the Microsoft for Startups program. This emerging project hopes to leverage the expertise and resources of this tech giant to accelerate its market influence...
Comdex Building DeFi Infrastructure Layer for the Cosmos Ecosystem
25.5.2022
Cosmos is a fast-rising Ethereum competitor, and Comdex is building the DeFi infrastructure layer for its growing ecosystem. Decentralized finance (DeFi) is defining the future of finance. While the space is experiencing a lull after the mania of 2020, Comdex is leveraging this opportunity to focus...
3 DeFi Coins for Investment Possibilities
23.5.2022
Cryptocurrencies are constantly gaining in value and popularity as people invest in them. While there are many options for which currency to invest in, here are three different DeFi coins that may be worth your time. These currencies all have unique features that could make them attractive...
The Rising Knights of DeFi: Chainlink (LINK), Kava (KAVA), and Calyx Token (CLX)!
23.5.2022
The cryptocurrency market has been a rewarding sector for investors seeking a long-term investment return. It may be challenging to choose the investment that is the best match for your portfolio. Consequently, we have developed a list of DeFi currencies that you may choose to add to your portfolio...
Binance App Adds DeFi Lending & Borrowing With Venus Protocol Mini Program
20.5.2022
Binance recently added decentralized lending and borrowing via the Venus Protocol Mini Program. The blockchain and crypto provider will offer these services on Android and iOS platforms with the integration. Venus Protocol is the leading money market platform on the Binance Chain. The project uses...
DeFi.org Collaborates With Orbs and Polygon
19.5.2022
DeFi.org has announced a new accelerator program in collaboration with Polygon and Orbs to enable developers to build DeFi applications by leveraging the L2 capabilities of Polygon and the L3 infrastructure of Orbs. DeFi.org will pitch in by assisting in launching the next wave of DeFi innovation....
Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business
19.5.2022
Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).
According to an announcement from Coinbase on Tuesday, the new liquid staking...
dForce Brings ChainLink Oracle to Arbitrium for Price Feeds
18.5.2022
ChainLink Oracle support from dForce will be extended to the Arbitrium blockchain, according to a blog post shared by dForce on Medium. The move is part of the project’s plan for multi-chain expansion of the protocol to EVM-compatible networks. dForce operations on Arbitrium will now access...
PEAKDEFI Collaborates With Football Club, West Ham United
17.5.2022
West Ham United and PEAKDEFI have collaborated, making PEAKDEFI the inaugural official Decentralized Asset Management Partner for the club. In return, PEAKDEFI gains access to the growing channels of West Ham United for branding purposes and to educate the fans of the clubs about different...
21Shares Lists New Crypto ETPs to Create Scope
16.5.2022
The crypto investment platform 21Shares Introduced a couple of new Exchange Traded Products (ETP) as it plans for an expansion. The Layer-1 and decentralized finance ETPs launch are expected to let investors partake in the global web3 revolution. 21Shares is an ETP provider based in...
Terra’s Fall Creates Ripples Among DeFi Networks
16.5.2022
The impact of Terra plummeting to $0 has crossed the ecosystem and created a chain reaction that brought down several DeFi networks and applications. Statistics confirm that the total TVL of the DeFi ecosystem lost nearly $100 million, fueled by this event. The current crisis is seen as a blow...
Polkadot Launches First Cross-Chain Link Between Acala & Moonbeam
13.5.2022
Moonbeam has announced a cross-chain link with Acala using HRMP bidirectional channels that allow token transfers and native communications between the chains without any bridges. The connection uses XCM on the Polkadot platform as XCM was recently released. However, many more will undoubtedly...
Forward To Integrate Chainlink To Enhance DeFi Exchange and LBP
13.5.2022
Forward recently announced its integration with Chainlink Price Feeds on BNB Chain to power its DeFi (decentralized finance) exchange and LBP or lending and borrowing protocol. The team also plans to associate itself with Chainlink Keepers to liquidate positions and loans and rollover loans...
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
13.5.2022
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backing and team experience needed to take them to the next level. As a result, cryptocurrencies such...
Grape Finance Secures GRAPE Stablecoin with Chainlink
12.5.2022
Grape Finance has integrated Chainlink Price Feeds, gaining access to high-quality and tamper-proof price data. Users benefit from the integration as they are assured that MIM price data is now hyper-resistance to data manipulation. Chainlink Price Feeds has been integrated by Grape Finance...
Transit Swap Integrating with Swappi to Stake Assets
11.5.2022
Transit recently announced its integration with Swappi, the well-known DEX on Conflux. Transit Swap users can swap crypto without any account or registration with the integration. In addition, they can earn, swap, and stake assets for income generation. There are two primary reasons behind...
Stack Adds Orbs to Research and Analytics Platform
10.5.2022
Stack Analytics recently announced adding Orbs to its crypto research platform. The venture has also added Orbs to the Coin98 wallet for staking purposes. Stack aims to develop effective yet simple tools to assess crypto projects as an analytics platform. The platform achieves this with its unique...
Goldman Sachs Releases DeFi Reports to Offer Insights
10.5.2022
Goldman Sachs recently released its DeFi report, giving keen insights about its bullish nature in the domain. The report is titled “Crypto: A New Asset Class” and is available to paying subscribers. The report also included an interview with Mike Novogratz, the former hedge fund manager. The...
Aave Launches V3 to Boost DeFi’s Mainstream Adoption
9.5.2022
The popular DeFi protocol Aave is drafting new expansion plans as its TVL reaches 18 billion dollars. The team hopes to exploit the demand and make DeFi mainstream through the new and improved V3 protocol launch. Reportedly, the V3 protocol would address some of the fundamental issues of...