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dYdX Protocol Partners With Hummingbot
2.8.2021
The platform of dYdX has entered into a partnership with Hummingbot to launch the much-awaited bounty hunt program. The Ethereum-based protocol for derivatives and short selling, dYdX, has joined hands with Hummingbot to distribute prizes worth $15,000 among the community members, creative hackers...
Unifi Protocol & ACryptoS to Offer Double Rewards to Users
30.7.2021
Announcing their strategic partnership, Unifi Protocol and ACryptoS have declared that both organizations are coming together to offer their users extended capabilities in addition to offering them attractive rewards for their participation. The first manifestation of this partnership will...
Ex-Bank of China Chief Issues DeFi Warning
29.7.2021
The former head of the commercial banking giant the state-owned Bank of China has sent out a warning about decentralized finance (DeFi) and cryptocurencies.
Per the 21st Century Business Herald, via East Money, Li Lihui, who was appointed President of the Bank of China in 2004, stated that...
DeFi Tokens To Consider Investing In
29.7.2021
Decentralized finance (DeFi) has been one of the main driving forces of the current cryptocurrency bull run. While beginners want to buy bitcoin with credit card, more tech-savvy investors have turned to DeFi for some incredible returns. With that said, it’s not an easy ecosystem to navigate....
WePiggy Partners with PARSIQ
29.7.2021
The lending protocol platform of WePiggy announced a strategic partnership with PARSIQ, the next-generation platform for advanced Blockchain technology analytics. The two platforms of WePiggy and PARSIQ are looking forward to exploring new grounds for technology integrations for the development...
Tidal Finance Launches Mainnet for DeFi Insurance
28.7.2021
Tidal Finance finally made the most exciting announcement of launching the innovative mining program and mainnet for the coverage providers associated with the platform. The foremost multi-chain platform of DeFi insurance, Tidal Finance, was first launched at the Polygon Network. The platform...
Total Value Locked in DeFi is a 'Deceptively Complicated Metric'
28.7.2021
One of the most often used metrics in the decentralized finance (DeFi) industry, total value locked (TVL), is "a deceptively complicated metric hiding under a benign name," according to crypto intelligence firm Coin Metrics.
What this metric should be measuring is the total size of...
Reef Finance Introduces Hypersign to its Ecosystem
27.7.2021
Another feather was added to the crown of the ever-expanding ecosystem of Reef Finance, titled Reef Ecosystem when it welcomed Hypersign. This business enterprise specializes in providing solutions for decentralized identities (DID). Hypersign has become the latest name in the long list of solution...
Goldman Sachs DeFi ETF Prompts Confusion On What It Really Is
27.7.2021
The financial heavyweight Goldman Sachs is hoping to launch an exchange-traded fund (ETF) that tracks public firms, one way or another working in the blockchain-related sphere. The ETF would track an index but its composition (and the firm’s definition of DeFi) has seen much derision aimed its...
Crudeoil Finance & the Collective Form a Strategic Alliance
26.7.2021
In a partnership of strategic interest, Crudeoil finance has decided to come together with Collective to explore opportunities in the space of global marketing and customer growth. Crudeoil Finance has carved a place for itself in the Decentralized Finance (DeFi) space, thanks to its unique...
Elrond Builds Alliance With HOPR for Privacy Compliance
23.7.2021
To enhance privacy protocols for influencers and artists, the NFT established blockchain network ‘Elrond’ has recently strengthened its capacities with HOPR. The alliance between the Binance-nurtured network HOPR and Elrond warrants a Layer-zero contract for the client’s privacy...
Harvest Finance Integrates With Binance Smart Chain
22.7.2021
Harvest joined the Binance Smart Chain back in April to pursue two objectives – deliver optimal yields to users and minimize the farming cost. Multiple months have passed since the integration, and it is yielding esteemed results. While the process is straightforward, it requires several...
Coin98 Generates $11.25M for Vital Financing Expansive
21.7.2021
The potent South East Asian crypto wallet, Coin98, in an endeavor to enhance their Decentralized Finance (DeFi) offerings, accepted financing grants worth $11.25 million. This financing revenue was attained in May 2021, resulting in an accomplished expansion of Coin98’s imperative business...
Steakbank Integrates Chainlink Price Feeds in BSC
21.7.2021
SteakBank will use Chainlink Price Feeds as an oracle solution to provide more accurate LBNB/BUSD prices on the Binance Smart Chain. SteakBank users can now see the USD valuation of the LBNB when they try to redeem their LBNB as BNB. Users will also be able to compare these prices with prices...
UK Based Startup Scallop Is Leading Crypto-Focused Banking-As-A-Service
21.7.2021
Hundreds of millions of people all around the globe have no checking or savings account! Financial exclusion undermines the quality of life and also delays economic success. The unbanked population has no access to any financial products whatsoever, which is likely to remain if they do not change....
Japanese Regulator Likely to Create New DeFi, NFT & CBDC Regulations
21.7.2021
Japan’s top financial regulator, the Financial Services Agency (FSA), could be set to introduce new laws to police decentralized finance (DeFi)-related projects operating in the nation – with non-fungible tokens (NFTs) also potentially in the firing line.
The FSA issued an official announcement...
TribeOne and DFyn Join Hands to Enhance Users’ Convenience
20.7.2021
In an important strategic partnership, TribeOne has joined forces with DFyn to offer users the convenience of having unified liquidity from different blockchains. This means developers need not search multiple platforms for liquidity to fund their trade moves and development projects....
Bella and Dinoswap to Expand Utility for Community Users
19.7.2021
In a communique, Bella Protocol has announced its partnership with Dinoswap, which offers the services of building liquidity infrastructure for blockchains operating on layer-one and automated market maker domains. This partnership is touted to be a game-changer as it offers to extend the benefits...
Drops Loans Launch on Ethereum Mainnet
16.7.2021
Drops Loans finally made the most exciting announcement of deploying the Drops Loans protocol on the Ethereum mainnet. Drops is the foremost platform of the world for trust-less borrowing of loans against NFT-based assets and NFTs. The protocol shall commence its operation on the Ethereum mainnet...
Barnbridge Introduced on the Polygon Network
15.7.2021
BarnBridge made the most exciting announcement of launching on Polygon Network by deploying its smart applications SMART Exposure and SMART Yield on the network. According to Polygon MATIC price prediction, the Polygon market of Aave is around 30% of the volume of the v2 market on the mainnet...