Defi Financial News
24.03 / 10:37
cryptocurrency
defi
FinTech
Pivots, struggle, and aha moment: How OnJuno found the right crypto product for the US market
In 2017, Decentralised Finance, or DeFi, was not yet a buzzword in India, and cryptocurrencies were being viewed suspiciously as the country's regulators were mulling if they should be banned or okayed, even as Bitcoin rallied.
24.03 / 10:01
Blockchain
defi
applications
Decentralization
Stargate Finance attracts $1.9B in six days
Stargate Finance, a cross-chain protocol designed to assist users in transferring assets between different blockchains, has accrued over $1.9 billion in total value locked (TVL) in less than a week after launching.
24.03 / 06:45
defi
Cardano
Altcoin
Dapps
Charles Hoskinson cheekily admits: 'I was wrong' about DApp rollout
Co-founder of the Cardano blockchain Charles Hoskinson has cheekily admitted that his July 2020 forecast of the number of DApps coming to the blockchain has not yet come to fruition.
24.03 / 01:49
markets
defi
Fetch.ai (FET) gains 43% after $150M development fund and Cosmos IBC announcement
Development across the cryptocurrency ecosystem continues to move forward despite the day-to-day whipsaw price movements and this progress is furthering the public’s awareness of Web3 and the value of blockchain technology.
23.03 / 17:47
NFT
defi
Gaming
Investment
Nexo Launches USD 150M Investment & Acquisition Fund Focused on Web3
The crypto lending and borrowing platform Nexo (NEXO) has launched a new investment fund focused on the emerging Web3 industry. The fund will invest USD 150m in “early-stage retail and institutional projects” that are "synergetic" to Nexo’s core business, an announcement from the company said.
23.03 / 05:21
business
defi
coinbase
avalanche
Coinbase Cloud launches Avalanche developer tools suite
Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform.
22.03 / 21:09
Ethereum
NFT
Hack
defi
ApeCoin Smart Contract Exploited, ‘Well-Prepared Claimer’ Walks Away With USD 380K
A Bored Ape Yacht Club (BAYC) non-fungible token (NFT) owner has reportedly exploited a vulnerability in the smart contract that airdropped ApeCoin (APE) tokens to community members, walking away with nearly USD 380,000 in profits.
22.03 / 17:23
cryptocurrency
defi
MetaDerby Completes USD 2.5M Funding Round Led by Ava Labs and Old Fashion Research
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
22.03 / 17:23
cryptocurrency
defi
CRYPTONEWS
Here are 3 DAOs You Should Follow In the Second Half of 2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
22.03 / 15:41
defi
DEX
Dapps
One-stop digital asset management service BitKeep positions itself as gateway to Web3 in latest update
DeFi has continued to grow at an unprecedented pace, introducing the world to new ways to send and receive funds, invest, take out loans and even enjoy a new form of collectibles. However, as the technology quickly advances and more use cases come to light, users are beginning to find the diverse landscape more and more complex to navigate. Even wallets, which were once viewed as little more than an asset storage tool, have grown in functionality to become an access point for decentralized exchanges (DEXs), DApps and games.
22.03 / 15:41
Adoption
defi
Survey
UK investors
Tokens pose lesser risk than gold and oil for UK investors: Survey
A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance — driven by factors such as ease of access and an adolescent crypto market.
21.03 / 20:41
cryptocurrency
NFT
defi
Top Metaverse Projects To Pay Attention To Right Now
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
21.03 / 09:21
19.03 / 00:37
markets
Ethereum
Waves
defi
Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions
Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom.
18.03 / 21:35
markets
defi
Trading
Drop
Fact or fiction? Did ApeCoin (APE) really drop by 80% since launch?
ApeCoin (APE), the governance token of the well-known Bored Ape Yacht Club (BAYC) NFT project was airdropped to BAYC and Mutant Ape Yacht Club (MAYC) owners at 8.30 AM EST on March 17 and only 8 hours after APE became tradable in the open market, it has already jumped to the 110th most traded token ranked by CoinGecko, totalling $900 million in trading volume across all tracked platforms.
18.03 / 03:51
Blockchain
defi
layer2
Optimism saves users $1B in fees, raises $150M in Series B
Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion.
17.03 / 20:53
defi
FinTech
Jack Dorsey’s Block joins $41M funding for Japanese fintech Kyash
Kyash, a Tokyo-based digital wallet, announced a $41.2 million usd, or 4.9 billion yen, raise in a Series D round. Since launching in 2015, the cashless mobile app and corresponding credit card has grown its total funding to an estimated $108 million, or 12.8 billion yen.
17.03 / 11:15
Adoption
defi
Aave
Decentralization
Aussie fintech to offer mainstream direct access to DeFi with a fixed rate
Australian fintech company, Block Earner, has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology.
17.03 / 00:09
defi
HSBC
banking
Sandbox
HSBC enters The Sandbox to offer educational finance games
HSBC, one of the largest European banks, with total assets of $2.4 trillion, announced its intention to buy a virtual plot of LAND within The Sandbox for an undisclosed amount. The new partners will develop opportunities for users to engage with sports, esports and gaming enthusiasts, according to the statement by The Sandbox.
16.03 / 18:07
Blockchain
defi
Aave
Decentralization
Aave launches V3 liquidity pool following unanimous governance decision
Decentralized finance (DeFi) protocol Aave has announced the launch of Aave V3, marking a significant evolution on the existing model of liquidity pools by promising to improve financial efficiency,bolster current safety and security measures, foster greater decentralization via DAO development, as well as enhance the user-interface design.
16.03 / 15:55
NFT
defi
Meme cryptocurrency launches television campaign across the U.S. and Turkey
The world loves a good underdog story. At its core, many associate themselves with the underdog, recognizing the uphill battle they have overcome in their own lives. The capability to relate has since made the story universal, with similar narratives of constant difficulty being met with miraculous achievements occurring across sports, business and now cryptocurrencies aimed at evening the financial playing field. Not only do these stories give the world the inspiration needed to inspire their own forms of change, but with decentralized technologies, they also give participants a chance to be a part of the success.
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