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Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5
5.11.2021
Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees
Chainlink’s total value secured surpasses $75B as DeFi continues to surge
4.11.2021
The oracle network’s exponential growth has been tied to the emergence of DeFi. Co-founder Sergey Nazarov said Chainlink is also powering metaverses
Smartbch Defi Universe Expands — Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms
4.11.2021
On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that...
Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
4.11.2021
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche...
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business
3.11.2021
Polychain Capital, Hack VC, Jump Capital and Alameda Research are just some of the big names behind AscendEX’s $50 million Series B
ADALend Ignites the Defi Space
3.11.2021
ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated...
Cointelegraph Consulting: Recounting 2021’s biggest DeFi hacking incidents
3.11.2021
There are a total of 169 blockchain hacking incidents that have taken place in 2021, with nearly $7 billion in funds lost
Stablecoins report: SEC won’t lead regulation, Congress urged to act
3.11.2021
The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
2.11.2021
The two seek to improve their blockchains with each other's tech from cross-chain bridges to decentralized exchanges to oracle networks
Sanctor Capital launches $20M fund to bootstrap GameFi, DeFi projects
2.11.2021
Projects like Axie Infinity and Decentraland have shined the spotlight on GameFi, a new trend that refers to the financialization of gaming
Avalanche Launches $220M Crypto Fund for DeFi and NFTs
2.11.2021
The Avalanche Foundation recently released Blizzard, a crypto development fund for the network’s growth. The blockchain will use the 220 million dollars fund to target NFTs and DeFi opportunities. The funds comprise of contributions from the Avalanche Foundation (Singapore-based NPO), Ava Labs (New...
OpenOcean Atlantic Live on Ethereum Network From Nov 1
2.11.2021
The Open Ocean Atlantic is the second version of the OpenOcean. This new upgrade by OpenOcean will provide higher swap rates and maximum returns, eventually outperforming other DEX aggregators. The additional benefit of trading on OpenOcean is that there is no additional fee and everything...
The Sandbox raises $93M to expand its NFT metaverse
2.11.2021
SoftBank Vision Fund 2 led the $93 million Series B round, marking the fund’s first investment into crypto assets
Crypto founders top young Australian rich list
2.11.2021
Seven of Australia's 87 richest entrepreneurs aged 40 and under are crypto founders, according to the Australian Financial Review
AWS Seeks a Specialist to Develop Amazon’s ‘Digital Currency and Blockchain Strategy Roadmap’
1.11.2021
This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital...
Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up
1.11.2021
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
1.11.2021
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency...
Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change
1.11.2021
As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesn’t Directly Improve Finance When it comes to financial products...