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Banks Are Looking Forward to DeFi Ahead of Regulation
22.2.2022
Banks are not keen to wait for changing regulations before launching decentralized finance products to take advantage of cost savings. According to Sudhir Pai, Capgemini’s chief technology and innovation officer for financial services, the fast-paced developments in decentralized finance,...
ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse
21.2.2022
30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.
Let’s take a closer look at some of the projects that...
DeFi11 Announces Partnership with TribeOne
21.2.2022
Defi11 announced its partnership with TribeOne on Saturday. TribeOne is currently the first decentralized platform for finance powered by artificial intelligence and underpinned by RAROC (Risk-Adjusted Returns on Crypto) technology. TribeOne is a non-financial institution (NFI), transaction...
DeFi Kingdoms Surpassed Axie Infinity in Transactions in January
18.2.2022
Play-to-earn game DeFi Kingdoms generated some USD 1.84bn in transactions in January 2022, more than tripling the value posted by rival game dapp Axie Infinity (AXS), according to dapp information provider DappRadar.
Built on the Harmony (ONE) blockchain, DeFi Kingdoms held USD 775m, or 64.6%...
Maple Finance’s Loan to Alameda Research Loan Reaches $100 Million
18.2.2022
Maple finance made an announcement about the loan to Alameda Research reaching $100 million. Alameda Research received the third tranche of the loan, which accounts for nearly half of the entire loan amount so far. The lending pool reached this milestone just after a few months since the approval...
QiDaoProtocol and CelsiusX Collaborate to Explore Metaverse and IRL
17.2.2022
CelsiusX aims to openly and effectively bridge the decentralized and centralized finance ecosystems. As part of Celsius’s DeFi division, the company is working on a scalable infrastructure that includes cross-chain token wrapping and bridging to increase crypto usefulness. In addition to this...
Pangolin Receives Grant to Create a NEAR-Native Platform Version
16.2.2022
The NEAR network has awarded a grant to Pangolin in order to create a NEAR-native version of its platform. Pangolin has created a user-friendly, low-cost trading platform that benefits communities while also investing in the future. This platform will bridge networks via the NEAR network. NEAR...
SPLabs and BSCStation Enter Strategic Partnership
14.2.2022
SPLabs, a DeFi platform based out in Singapore, uses blockchain technology to empower visionary entrepreneurs and active communities to pursue a sustainable and decentralized financial industry. SPLabs, like BSCStation, provides services like Web 3.0, Gamefi, and Defi services. SPLabs further...
Fantom Integrates Stader Labs’ Solutions for Liquid Staking
11.2.2022
Fantom announced that it would be supported by Stader Labs’ staking infrastructure platform. Fantom users will be able to unlock the overall value of their FTM that is under stake through liquid staking and delegate to various validators with a single click in the coming months, thanks...
Allbridge Connects to Stacks Through Daemon
10.2.2022
Daemon Technologies is a pioneer software company majorly operating from Asia. The company brings technical consultations and solutions to startups to establish their businesses with the web 3.0 features in Stacks. Recent developments from Daemon Technologies make it evident that the firm...
Sandbox Joins Ubisoft to Introduce Rabbids to the Metaverse
10.2.2022
Creators and players can use The Sandbox’s free VoxEdit and Game Maker authoring tools to include voxel characters and stuff into their own adventures. Ubisoft authorities mentioned that they are ecstatic to introduce the Rabbids to The Sandbox community and also provide gamers the ability...
Keystone Enters Partnership with BENQI to Prevent Blind Signing
9.2.2022
Many web3 clients have benefited from the QR code signing since Metamask incorporated the Keystone hardware wallet last December. To counter blind signing, Keystone has teamed up with BENQI, a non-custodial liquidity market protocol on the Avalanche blockchain, and will also be adding their ABI...
Aleo Raises $200M in Series B to Expand Blockchain Platform
8.2.2022
Aleo, a top platform for developing corporate blockchain-based apps, has raised $200 million in a Series B funding led by SoftBank Vision Fund 2 and Kora Management LP, with involvement from Slow Ventures, Tiger Global, Sea Capital, Andreessen Horowitz (a16z), Samsung Next, resulting in a $1.45...
Shintama Reinvents DeFi with Key Targets
7.2.2022
Shintama, a DeFi token that was formed by the union of 2 tokens – Shinja and Saitama – has announced the release of its iconic token to the cryptocurrency world. Shintama’s goal is to develop a cutting-edge application that will grow naturally in the DeFi space. Shintama...
DAO Raises USD 4.6M for the ‘Liberation of Julian Assange’
4.2.2022
A novel decentralized autonomous organization (DAO) dubbed AssangeDAO is already raising millions to bid on a non-fungible token (NFT) and help WikiLeaks founder Julian Assange in his legal effort to get free.
So far, the DAO has raised ETH 1,623 (USD 4.6m)....
Read More: DAO Raises USD 4.6M...
Akropolis Partners With Clover Finance to Speed DeFi Expansion
4.2.2022
Akropolis is pleased to report that the Clover Wallet has been successfully integrated into their dApp. Akropolis consumers can now securely hold, barter, and exchange cryptos and NFTs on cell phone, plug – ins, and the web. Clover’s extension wallet claims to support most Ethereum...
Augmented Finance Integrates ChainLink for Improved Protection
3.2.2022
Following other crypto projects, Augmented Finance has entered a partnership with ChainLink to improve the performance of its platform across blockchains. It is not easy to sustain a successful platform amidst the growing competition in the DeFi sector. So, firms are increasingly looking...
ConsenSys Acquires MyCrypto to Strengthen Partnership with MetaMask
2.2.2022
ConsenSys announced the addition of MyCrypto, a deep-rooted Eth interface, on February 1st, to collaborate with the industry-leading Web3 wallet, MetaMask. MyCrypto and MetaMask will collaborate under a single banner to increase the safety of all products and give users a consistent experience...
Wonderland DeFi Protocol to Shut Down After Fraud
1.2.2022
The Wonderland DeFi Protocol has announced its closure after revealing that its treasury manager was a convicted felon. Wonderland was thrown into disarray after a Person on Twitter revealed 0xSifu’s true identity as Michael Patryn. He must have earlier pled guilty of credit card theft...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
31.1.2022
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer has collaborated with dForce and finished the DF and USX integration on cBridge. The dForce...