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Nalezeno "Defi News": 1301

Polygon Provides a Grant to Plena Finance


Plena Finance revealed on December 6th that they had secured a grant from the Polygon group. Polygon, the first fully functioning full-stack scalability system built on Ether, provides rapid transactions with incredibly cheap costs. They feel that by working together, the Plena Finance Android...

Taiwan Branch Officially Established by AOFEX to Promote Globalization


One of the globalization strategies of AOFEX involved establishing its Taiwan Branch last Friday in an attempt to promote globalization and offer better service to its global clients. The official opening of this Taiwan brand is most likely to expand the international circulation of OT tokens...

BIS Sees 'Important Role' for DeFi, Pushes for Increased Regulation


  A new report from the Bank for International Settlements (BIS), sometimes called the central bank of central banks, has come to a somewhat unexpected conclusion that decentralized finance (DeFi) could play “an important role” in the traditional financial system - but warned about potential...

Polygen Announces Partnership with DAFI


Polygen recently announced a technical collaboration with DAFI to offer better staking opportunities to its users. The partnership will see Polygen users gaining access to DAFI’s dToken reward mechanism. The latest functionality allows Polygen users to hold their project tokens. Instead of using...

Syscoin vs Fantom: Battle of the cross-chain smart contract networks


Smart contract networks have witnessed a huge surge in popularity this year – and for good reason. They are a completely revolutionary part of blockchain technology that gives users the ability to seamlessly perform transactions with one another via an intermediary.  The most popular platform...

fantomGO on Boards BeethovenX on Its Ecosystem


The coming together of fantomGO and BeethovenX will become a game-changer for both the Crypto and decentralized finance (DeFi) categories. The collaboration will help raise the common man’s awareness about DeFi by educating them on how it is beneficial for the larger section of society rather than...

DeHive Successfully Integrated with xDai Blockchain


DeHive, over the years, has earned some fantastic partners and are glad to state that they exclusively work with industry leaders. It’s encouraging to hear that leading industry companies are willing to support DeHive and collaborate on a shared offering. Today, DeHive is excited to announce...

Badger DAO Appears to Have Lost Over USD 62M in an Attack


Badger DAO, a decentralized autonomous organization (DAO) that enables bitcoin (BTC) to be used as collateral across decentralized finance (DeFi) applications, has fallen victim to an exploit.  It was originally speculated that the project has lost over USD 10m worth of cryptoassets. However...

New Order Partners With Outlier Ventures To Launch 30-40 New DeFi Projects


New Order is all set to partner with Base Camp, Outlier Ventures’ top web3 accelerator, to launch around 30 to 40 DeFi (Decentralized Finance) projects in the next 2 years. New Order is a new DAO (Decentralized Autonomous Organization) incubator driven by the community for the early-state DeFi...

Wintermute Announces $20 Million Fund to Support Polygon Dapps


The Background With a belief to decentralize the financial sector, Wintermute has been in presence since 2017. It sees the future of finance to be governed by technology instead of traditional players. Wintermute operates across the globe. Wintermute is an algorithmic trading firm. The regular...

Minterest to Incorporate Chainlink Price Feed to DeFi


Minterest, a value-capturing borrowing and lending mechanism to make DeFi more equitable, has integrated Chainlink Price Feeds into Moonbeam. Minterest will be able to retrieve premium price data during fundamental protocol operations, including taking out and redeeming loans and initiating...

Mean DAO on Board World-Class Investors to Construct the Future of DeFi


Mean DAO announced that they had secured $3.5 million in a critical round out of some outstanding entrepreneurs and developers. Mean DAO has been focusing on this for quite some time, and they are overjoyed to eventually share it with the rest of the world. Global cryptocurrency consumers...

Penguin Finance’s Club Penguin dApp to Include BooFinance


On November 28th, Penguin Finance announced that BooFinance, a forthcoming, succeeding yield farming dApp exclusive of the Avalanche, will distribute tokens to the Penguin Finance audience via the Club Penguin dApp. Developing an Iceberg on the platform will bring the $BOOFI token to an active...

Acala Parachain to Launch the SubQuery Network


Making an important announcement, SubQuery has declared that the organization is going to have its presence in the form of the Acala Parachain in the form of a new SubQuery Network. It is also important to note that the network of SubQuery and its native token SQT will become the first external...

DeSpace Partners with Attrace to Create Web 3.0 Rewards


DeSpace announced its partnership with Attrace- a future rewarding protocol specifically built for promoting crypto. Attrace and DeSpace share the similar objective of making crypto easier to understand, and both of our technologies are designed to give back to users. This is a once-in-a-lifetime...

MonoX Announces Integration with Avalanche


MonoX announced that its integration is happening with Avalanche, one of the strongest decentralized smart contract platforms. This growth of integration will help in launching projects without using capital and reduce the barrier. MonoX’s beta version is already live on Avalanche’s...

Ardana Collaborates with the NEAR Protocol


Ardana confirmed their newest strategic relationship with NEAR, a decentralised application platform (dApp) that emphasizes on both development and customer experience, on November 23rd. Ardana will create the bridging-required infrastructure for transfer of ownership between Cardano and NEAR...

Tokens.com Buys USD 2.8M Worth of Virtual Land in Upcoming Fashion District


Tokens.com, a publicly-traded company that invests in revenue-generating digital assets, has acquired 116 parcels of virtual land within Decentraland's metaverse, which is reportedly the largest metaverse land acquisition to date. Each parcel corresponds to 52.5 square feet of virtual land, making...

EasyFi Will Integrate Multiple Wallets on L2 Money Markets


EasyFi recently announced integrating multiple wallets on Layer 2 money markets. The development will end in EasyFi integrating a native wallet to boost its user onboarding experience on multiple ecosystems. The platform talked about the development on its official website. EasyFi stated how...

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