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pSTAKE Raises $10M for Bootstrapping Liquid Staking Protocol
17.11.2021
pSTAKE, a carefully designed product, helps to overcome the issues of PoS staking while also improving the experience of the consumer to encourage widespread adoption. With pSTAKE’s TVL now over $30 million, our concept has caught the attention of some of the industry’s top names,...
The First Liquidity Protocol for Non-standard Assets to Be Launched by Pawnfi.com
16.11.2021
Pawnfi.com successfully closed a $3M funding deal during the Venture Capital investment round led by Digital Currency Group (DCG), including Animoca Brands, Everest Venture Group, SNZ, Dapper Labs, Polygon, Defi Alliance, Hash key Capital, and 6Block. Pawnfi has found favor with the venture...
SmartCredit.io Integrates Chainlink’s Decentralized Oracle Data
16.11.2021
SmartCredit.io is a well-recognized name when it comes to the category of lending on the Ethereum blockchain network. In order to strengthen its position, the company has now integrated the decentralized Oracle network of Chainlink that will facilitate its greater integration and expansion in...
Photochromic Joins Hands with Paribus to Offer Additional Utilities for the Cardano DeFi and NFT Ecosystem
15.11.2021
Paribus is a type of cross-chain credit and credit platform based on the Cardano blockchain. Paribus is ready to be the frontrunner in the industry by unleashing and fully understanding the inherent value of other unconventional assets and NFTs. PhotoChromic allows users to securely own and verify...
BSC Station Announces Partnership with Launchzone in IDO, Incubator, and Other Areas
12.11.2021
BSC Station announced its entry into a partnership with LaunchZone – The Ultimate Defi Platform. The company will be collaborating in a variety of areas, including GameFi, IDO, Metaverse, and many more. This collaboration is intended to propel both BSCSstation and LaunchZone forward in a variety...
DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner
12.11.2021
US Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw identified two specific structural problems that the decentralized finance (DeFi) industry needs to address: a lack of transparency and pseudonymity....
Read More: DeFi Industry Must Tackle Lack Of Transparency...
NASDEX Syncs Chainlink Price Feeds to Provide On-Chain Accessibility to Traditional Asian Assets
11.11.2021
NASDEX has announced its integration with Chainlink price feeds on Polygon Mainnet enabling Asian-based stocks’ foray into the NASDEX trading platform. Why Chainlink? Announcing this integration, NASDEX officials explained that they have chosen Chainlink because they believe in its ability...
Chainlink Oracle Services to Build Advanced Smart Contracts
10.11.2021
Chainlink oracle assistance services are intended to help emerging areas of the smart contract economy grow. Chainlink Price Feeds, for example, enable DeFi applications to manage assets dynamically based on real-time market conditions, whereas Chainlink Verifiable Random Function (VRF) enables...
Polygon Releases Direct Fiat DeFi Payments via Alchemy Pay
9.11.2021
Polygon recently joined hands with Alchemy Pay to release fiat on-ramps. The integration allows Polygon to support direct fiat payments for DeFi on the platform. In addition, Alchemy Pay will build a bridge between crypto and fiat payments to set up the on-ramp. The latest development boosted...
BSCStation Creates $3million Fund for Decentralized-Metaverse
8.11.2021
In order to make the decentralized-metaverse a reality, a $3million fund has been created by the BSCStation. The announcement in this regard has been made by the company recently and this specific fund will be used in encouraging all activities in the ecosystem – right from fundraising...
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...
WOO to Use Chainlink for Institutional Market Data Oracles
1.11.2021
WOO Network recently announced launching its customized Chainlink oracles. The venture will combine its liquidity providing strategies and Chainlink’s oracle technology to deliver the market data oracles. Chainlink has already established esteemed integrations in the past few months. Therefore,...
unFederalReserve Connects Chainlink Feeds with ReserveLending
29.10.2021
UnFederalReserve announced that Chainlink’s integrated pricing reference feed is now sponsored by the firm. It has unified with Chainlink since the ReserveLending platform’s launch in May and is now looking to expand its partnership with the official oracle provider. unFederalReserve...
Kadena Announces Partnership with Coinmetro to Enter Ethereum
29.10.2021
Kadena recently announced a partnership with Coinmetro to enter the Ethereum network. The venture will officially support wKDA (Wrapped Kadena), backed 1:1 with Kadena. Besides joining hands with Coinmtero, Kadena is entering the Ethereum blockchain to connect multiple assets to the network. Kadena...
NAOS and IoTeX Introduce NFD Into Credit Risk Assessments
28.10.2021
Since the traditional credit rating procedure focuses on examining financial statements, Micro, Small, and Medium Enterprises (“MSMEs”) have difficulty acquiring loans from banks. Many SMEs cannot satisfy the standards due to a lack of financial data or confirmation of assets. According...
The New Galaxy to Be Launched on the BSC Soon
26.10.2021
Celestial has decided to open up the new galaxy, the Beta Version of the Binance Smart Chain, in October 2021. Players are excited to see this new experience this new celestial universe. The Celestial Interstellar Resolution Court has decided that all of the respective fee income generated through...
DeFi Adoption About to Get a Major Boost with the Upcoming cBridge 2.0
25.10.2021
Decentralized finance (DeFi) has made big strides in the last couple of years. The total value locked in DeFi protocols has crossed $100 billion, standing at $103.3 billion at the time of this writing. For the uninitiated, DeFi projects aim to offer the same services as traditional finance,...
CardStarter Introduces Everlens for Instagram
25.10.2021
The IDO for Everlens, the first NFT platform designed for Instagram, will be launched by CardStarter. CardStarter is the world’s top incubator and insurance program for Cardano companies. Instagram is now a centralized platform allowing individuals to upload their content while Facebook,...
Terra Enables IBC to Improve Trading on Cosmos DEXs
22.10.2021
Terra has introduced its indigenous token LUNA and the widely accepted stablecoin USDTerra (UST) to the integrated ecosystem by joining the Cosmos-enabled chain. The Cosmos network ends up with more than $18 billion of digital assets in liquidity with this Terra entry. With this, the imminent...
Proximity Labs Announces $350M DAO for DeFi on NEAR
22.10.2021
The DeFi sector recently received a huge boost with Proximity Labs’ latest announcement. The research and development venture announced the release of a 350 million dollar DAO targeting the NEAR network. Proximity Labs will grant the DAO to projects, individuals, and organizations developing DeFi...