Category: DeFi

PARSIQ partners with Clover for tech integration and funding

PARSIQ partners with Clover for tech integration and funding

PARSIQ has announced a partnership with Clover that will enable the project to focus on free-flowing data between different blockchains. Clover and its multi-chain connected wallet allows users to have a single wallet to connect to Ethereum, Polkadot, Kusama, Binance Smart Chain, Avalanche, Fantom, and Edgeware blockchains. There is an increased need for cross-chain systems […]

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Ciphertrace Report Shows Crypto Crime Moving to Defi

Ciphertrace Report Shows Crypto Crime Moving to Defi

Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams do, according to their latest “Cryptocurrency Crime and Anti-Money Laundering Report.” […]

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‘Nowhere near a top’: Framework’s Vance Spencer on institutional adoption and the memecoin mania

‘Nowhere near a top’: Framework’s Vance Spencer on institutional adoption and the memecoin mania

In Vance Spencer’s view, the market is completely undercounting the amount of capital that’s about to move into the crypto world from institutional investor circles.  The co-founder of the $1 billion-plus investment firm Framework Ventures would have a good sense of that trajectory, considering how Framework wrapped up a $100 million fundraise for a new […]

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DeFi startup Balancer Labs rolls out latest version of its automated market-making protocol

DeFi startup Balancer Labs rolls out latest version of its automated market-making protocol

Decentralized finance (DeFi) company Balancer Labs has launched Balancer V2, the second version of its automated market-making protocol. Balancer V2, which has been in the works for over a year, features a new user interface, lower gas costs, and an updated community multisig, among other updates. According to the Balancer Labs team, the platform’s new […]

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Huobi Group Launches $100 Million Fund For DeFi And NFT Development 

Huobi Group, the holding company of the leading cryptocurrency exchange, Huobi Global, has recently launched a new subsidiary geared towards decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and mergers and acquisitions. Huobi Devotes $100M to DeFi In a Thursday press release shared with CryptoPotato, the company noted that it has already deployed $100 million to […]

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Polkadot platform for DeFi derivatives lands $6.4 million in seed funding

Polkadot platform for DeFi derivatives lands $6.4 million in seed funding

On May 13, dTrade announced the closing of its seed funding round, which saw $6.4 million in investment from Three Arrows, DeFiance, Huobi and Polychain.  DTrade aims to be the first derivatives exchange built on Polkadot. A press release shared with The Block said that it enables leveraged derivatives that settle on-chain. The goal is […]

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Cardano DeFi Project deFIRE Secures $5M in Funding Round

deFIRE is a decentralized smart order routing engine being built for the Cardano ecosystem incubated and supported by Occam and powered by the industry leader in cross-chain liquidity provision, Changelly.  It offers execution services across decentralized exchanges (DEX) such as token swaps, order routing services across DEXs, and providing intermediary services between order flow originators […]

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