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Thales Uses DAO-first Round to Raise $2.5 Million
14.7.2021
In an important development, Thales has successfully raised $2.5 million through an investment round led by the Apollo Capital and Framework Ventures. The company has also expressed its gratitude to LD Capital, ChainCatcher, Zee Prime Capital, and Honey DAO for providing their valuable logistical...
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...
ShibaSwap Causing Hike in Ethereum Gas Prices
12.7.2021
The high gas fees associated with Ethereum are attributed to the record growth in the DeFi transactions achieved by ShibaSwap. The protocol has recently tweeted that it has created history by having more than 1 billion dollars of the total value that has been locked on its platform in one day....
Japanese Regulator Report Suggests DeFi Regulations Could Be Coming
9.7.2021
The top Japanese financial and crypto sector regulator, the Financial Services Agency (FSA), has published a report on DeFi, blockchain and crypto – with its authors concluding that there may be a need for the nation to develop regulations for the decentralized finance sphere.
The report was...
Balancer Protocol Releases Stable Pools
9.7.2021
Balancer made the exciting announcement of launching stable pools at Balancer V2 soon after the Element.fi pools’ release making Balancer the foremost AMM in the Blockchain universe with three types of pools. As of today, Balancer is associated with weighted pools, Element pools, and stable pools....
DuckDAO and DIA Join Forces to Open New Avenues of Growth
8.7.2021
Joining forces with DuckDAO, DIA has announced that it has entered into a collaborative partnership with the former. This union is expected to develop the decentralized finance (DeFi) at a more enviable pace in the future. Through this union, the projects that are being incubated by DuckDAO will...
18 Ventures Now a Strategic Investor at CoinBurp
7.7.2021
CoinBurp is no longer a small firm of 14 employees. It is now a bigger firm with a staff of designers, marketing experts, developers, and support specialists in the team. The investors of CoinBurp play a significant role in the growth and development of the company to make CoinBurp the pathway...
Elrond Network Collaborates With Unicrypt
7.7.2021
Elrond Network announced that the firm has entered into a partnership with Unicrypt Services. According to Elrond forecast reports, the partnership’s primary goal is the integration of the Elrond Network into the decentralized multi-chain services of Unicrypt. Unicrypt is known to offer services...
ChainLink and DangerMoon Partner to Pick Reliable Victors
6.7.2021
The community yielded token network, DangerMoon has consolidated with Chainlink’s Verifiable Random Function (VRF). This alliance will be actioned on the mainnet of Binance Smart Chain. DangerMoon is identified with its hallmarks of rendering representative prices of five percent...
Unilend Protocol Is Going Permissionless July 6 Onwards
5.7.2021
The brain behind UniLend had a vision of unveiling the potential behind decentralized finance before starting the company. Until now, UniLend has launched flash and lending loans products on Polygon Chain and Ethereum. They have been living here for three months and have not experienced...
The Launch of Tokenized Precious Metals at Elrond via Aurus
5.7.2021
Elrond is entering into a partnership with the UK-based fintech firm, Aurus, to facilitate the tokenization of silver, gold, and platinum with the help of Blockchain technology. Elrond is home to the internet-scale Blockchain technology engineered to enhance the execution speed and throughput...
DIA forms JV With Knit Finance
2.7.2021
One of the ways in which the top 200 digital properties create cross-chain wrappers through an exclusive decentralized protocol is called Knit Finance. It allows traders, farmers, developers, and institutions to warrant secure cross-chain uncertainty of assets by building bridges to tap into...
Aztec And Ren To Bring More Privacy To Bitcoin
2.7.2021
Ren is focusing on its partnership with Aztec yet again, and this time it is to work on the incorporation of renBTC into the Private Rollup portfolio of Aztec, as now is the most favorable period to do so according to Ren price prediction. The flagship app of Aztec, zk.money deploys the Private...
Thorstarter Collaborates With THORSwap to Support Future THORFi Projects
1.7.2021
The ecosystem of THORChain is very soon will get its new capability in the form of the Thorstarter platform. This specific initiative is directed to provide liquidity support to projects based on the decentralized exchange philosophy. In addition to providing liquidity, the platform will also...
Algomint Collects $1.5M in Its Seed Round for Algorand DeFi
1.7.2021
Algomint recently concluded its private seed round after collecting a whopping 1.5 million dollars. The amount shows Algomint’s capability and conviction to help Algorand DeFi. The platform will help Algorand mint synthetic assets, such as goUSD, goETH, and goBTC. AJ Milne (Co-Founder of Algomint)...
Fantom Users Can Now Use Chainlink Price Feeds for DeFi Dev
30.6.2021
Fantom recently announced that its testnet has started using Chainlink Price Feeds. The integration will allow developers on Fantom to build and test multiple DeFi-based apps using Chainlink’s precise and tamper-proof data. Fantom acquired the integration since block42 earned a grant through...
PancakeHunny & Chainlink Partner for Oracle-based Price Feeds
29.6.2021
To provide superior protection against flash attacks, PancakeHunny has joined hands with Chainlink. The price feeds services offered by Chainlink are well-known in the industry and can be easily considered the best in the business available today. The price feeds for the pairs CAKE/USD and BNB/USD...
SingularityDAO in Pact With Unifarm
29.6.2021
SingularityDAO has partnered with UniFarm to enable digital asset investors to play a part in the DeFi ecosystem. Cohort 15 from UniFarm, which goes active from today on the Ethereum platform, will now include SDAI as well. Four tokens in the Cohort 15 stable-SDAO, NUX, GAINS, and UFARM-can...
KAVA Labs Unveils the Kava SAFU Fund for Community
28.6.2021
Hailing as a top-tier DeFi portal devoted to providing a robust suite of services for developers, KAVA Labs has proudly announced the launch of its highly-anticipated project, Kava SAFU Fund, a dedicated on-chain community pool. The SAFU Fund will help enhance the platform’s security standards...
DeFi Token Price Drops Amid Market Crash
25.6.2021
The price of DeFi tokens is plummeting, and most of the blue tokens of DeFi are crashing hard as well amid the cryptocurrency price slump in the market. DeFi is decentralized finance powered by dApps, protocols, financial smart contracts, and digital assets executed on Ethereum. The price trend...