Tag: DeFi
News about the decentralized finance sector
DeFi Project Solrise Hires TradFi Executive to Grow and Expand Ecosystem
Reading Time: < 1 minuteSolrise, a cryptocurrency project that is taking DeFi in a new direction, has just announced it has expanded its team hiring Joseph Edwards.
JPMorgan: Ethereum Will Lose Ground in the Decentralized Finance Market
Reading Time: < 1 minuteAccording to a report by analysts from investment bank JPMorgan, Ethereum still tops the blockchain rankings in terms of DeFi protocols deployed.
ClearDAO DeFi Derivatives Factory Lists On KuCoin
Reading Time: 2 minutesSingapore, Singapore, 7th January, 2022, Chainwire ClearDAO announced its project token CLH will list on KuCoin on Jan 7th 13:00 UTC. The CLH/USDT trading pair will become available to users […]
Exotic Markets Secures $5 Million To Bring New Structured Products to Solana DeFi
Reading Time: 2 minutesPanama City, Panama, 5th January, 2022, DeFi protocol Exotic Markets has successfully raised $5 million in funding from various prominent VCs and investors. In addition, the private token sale round […]
Gains Network Unlocks First Part of $750K Grant to Grow Decentralized Leveraged Trading Platform gTrade
Reading Time: 2 minutesMunich, Germany, 5th January, 2022, Gains Network, creator of the next-generation decentralized leveraged trading platform gTrade, has applied for $750,000 in financing from the Polygon DeFi in order to hit […]
DeFi Yield Protocol V2 Pools are Live on Ethereum, Binance Smart Chain and Avalanche
Reading Time: 2 minutesYield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools.
Astra Protocol Raises $9 Million in Private Sale to Bring Decentralized Compliance to the DeFi Ecosystem
Reading Time: 2 minutesAstra Protocol is pleased to announce it has secured $9 million through its token raise.
Can the Current Centralized Exchanges Compete With DeFi Derivative Protocols?
Reading Time: 3 minutesAs DEXes continue to close the gap with centralized exchanges in terms of user experience, the long-term prospects of decentralized exchanges look promising.
ClearDAO Deploys Barrier Option Template on Solana Devnet
Reading Time: 2 minutesClearDAO has announced today the deployment of the barrier option template on Solana devnet.
Decentralized Rendering Project Render Network Raises $30M
Reading Time: < 1 minuteThe startup has raised $30 million.
Hackers Steal More Than 8 Million VISR Tokens From DeFi Protocol Visor
Reading Time: < 1 minuteDecentralized finance protocol Visor has fallen victim to a re-entry attack and has lost over 8.8 million VISR tokens.
Hackers Steal $30M from DeFi Platform Grim Finance
Reading Time: < 1 minuteThe DeFi platform team has reported it has lost $30 million as a result of a hack.
BNPLPay to Launch Security Focused Uncollateralized Lending Innovation
Reading Time: 3 minutesBNPL Pay, DeFi’s emergent uncollateralized credit protocol, successfully completed the development work of its Banking Node platform earlier this month.
DeFi Platform Slingshot Finance Raises $15M
Reading Time: < 1 minuteDecentralized trading (DeFi) platform Slingshot Finance (formerly DEX.AG) has raised $15 million in a Series A funding round.
Parallel Finance Wins 4th Slot in Polkadot’s Parachain Auction
Reading Time: < 1 minuteParallel Finance, an institutional-grade lending protocol for decentralized finance (DeFi), has recently secured the fourth slot in the Polkadot parachain auctions.
SolidProof Introduces KYC and Audit Services for DeFi projects
Reading Time: 2 minutesSolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon.
DeFi and CeFi full Aggregator OpenOcean Aggregates Arbitrum to Expand its one-stop Trading Solution
Reading Time: 2 minutesOpenOcean, world’s leading DeFi & CeFi full aggregation protocol, is delighted to announce the successful aggregation of Arbitrum as well as its leading decentralized exchanges.
DeFi-Focused Crypto Wallet Ambire Receives $2.5M in Funding Round
Reading Time: 2 minutesBrowser-based crypto wallet Ambire has succeeded in raising $2.5 million in a funding round led by LAUNCHHub Ventures.
OpenOcean AtlanticWave Commits $1 Million to Binance Smart Chain Growth Through Campaigns
Reading Time: 2 minutesOpenOcean – the world’s first DeFi and CeFi full aggregator, was born in 2019 with the mission to help its users trade with maximum returns that cannot be found anywhere else.
Joining Pangolin V2’s First Liquidity Pools, TrueUSD Takes the Growth of Avalanche to the Next Level
Reading Time: 3 minutesThe year 2021 is a significant milestone for the Avalanche protocol: its on-chain DeFi TVL has exceeded $12 billion, hitting a record high, and it has risen to be a top-five public chain in terms of TVL.
Flurry Finance Deploys on Polygon After Hitting $3 Million TVL in Just a Month of Launch
Reading Time: 2 minutesFlurry Finance, a DeFi protocol that offers efficient cross-chain yield farming to the DeFi community, is all set to deploy its utility token RHO and its governance token FLURRY on the Polygon network on December 1, 2021.
Panther Protocol Attracts $22M to Build Interoperable Privacy Layer for DeFi and Web3
Reading Time: < 1 minutePanther Protocol has just announced that it has completed a funding round in which it has raised over 22 million through a Public Sale.
MonoX, Profitable Since Mainnet Launch, Announces its Public Token Sale on Huobi Primelist
Reading Time: 2 minutesMonoX Protocol, the most capital-efficient liquidity solution in the DeFi space, has announced that the public sale of its $MONO token will take place on Huobi Global’s Primelist token listing platform on Thursday, November 25.
Play-to-Earn Game DeFi Land Successfully Closes IDO, Prepares for Listing on FTX and Raydium
Reading Time: 2 minutesDeFi Land, the play-to-earn game that teaches the mechanism behind the DeFi world, has officially closed its IDO on Raydium, Gate.io and Solanium, with its DFL token scheduled for listing and trading on November 24 at 4 PM UTC.
Impermanent Loss, Crypto’s Silent Killer, Threatens the Core Tenets of DeFi: Bancor
Reading Time: 3 minutesOne of the original creators of DeFi is aiming to fix one of the industry’s most pressing problems.
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