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Tag: DeFi
Crypto.com’s Cronos launches $100M accelerator for DeFi and Web3
Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Me...
Singapore’s Cake DeFi Pays Record $317 Million in Rewards to Customers
June 7, 2022 – Singapore, Singapore Cake DeFi, the fastest-growing Singapore-based decentralized finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company annou...
DeFi Platform PoolTogether Faces Lawsuit for Allegedly Running Illegal Lottery – crypto.news
On 6th July 2022, PoolTogether, a DeFi protocol website that runs programs for cryptocurrency transfer, is facing litigation procedures. This is after being accused of conducting an illegal lottery in...
Cake DeFi Commits $1M to ESG Initiatives on Third Anniversary
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the beari...
DeFi Platform PoolTogether Claims $1.4Million Through NFT Sales
PoolTogether, an Ethereum-hosted DeFi application that enables users to gain access to prize-linked savings pools, has raised over $1 million to secure defense funding. The project allows users to dep...
Singapore’s DeFi platform Cake DeFi pays over $317 million is user rewards
Asian countries are leading the way ahead of their competitors as the most sought-after venues for cryptocurrency adoption. Cake DeFi, the Singaporean decentralised finance (DeFi) platform with the fa...
Cake DeFi Paid Out Over $317 Million To Users In Three Years And Notes An Average 90% Quarterly Growth
Cake DeFi continues to push the boundaries of making decentralized finance more accessible to the masses. The company paid over $317 million in rewards to customers to date. Moreover, the service has ...
Blockchain Network Cronos Launches Accelerator Program to Support DeFi, GameFi Startups
The Cronos Accelerator Program, funded by the $100 million Cronos Labs Ecosystem Fund, will provide investments of $100,000 to $300,000 in early stage projects and additional grant funding for securit...
Singapore’s Cake DeFi Pays Record US$317 Million in Rewards to Customers
Singapore, Singapore, 7th June, 2022, Chainwire Cake DeFi, the fastest-growing Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The c...
IOVLabs Launches “Everyday DeFi” Initiative on Rootstock
IOVLabs pushes the boundaries of DeFi innovation and usability. The team will soon unveil their “Everyday DeFi” initiative for the Rootstock ecosystem, spearheaded by the RIF Aggregation Layer-2 scali...
Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
A leaked copy of a United States draft bill concerning cryptocurrency started doing the rounds on Twitter earlier on Tuesday. The 600-page copy of the leaked bill highlights some of the key areas of c...
IOVLabs Launches Its “Everyday DeFi” Initiative on Rootstock To Onboard The First Billion Users
IOVLabs pushes the boundaries of DeFi innovation and usability. The team will soon unveil their “Everyday DeFi” initiative for the Rootstock ecosystem, spearheaded by the RIF Aggrega...
New US Crypto Bill Leaked: Dogecoin Founder Says Bill Goes Hard After DAOs, DeFi, Stablecoins, And Exchanges
– Advertisement – Doge Founder Says Leaked Bill Goes Hard After Sh.t Tokens, DAOs, DeFi, Stablecoins, And Exchanges. The Crypto community tries to understand the repercussions as over 60...
IOVLabs’ “Everyday DeFi” Aims To Onboard The First Billion Users To Bitcoin DeFi
The security of Bitcoin’s network, paired with smart contracts, paves an exciting future for decentralized finance. IOVLabs, with the help of Rootstock technology, will bring Everyday DeFi to a global...
IOVLabs Introduces “Everyday DeFi” Initiative to Bring Next Billion Users into Web3
Vladislav Sopov IOVLabs amplifies opportunities of its Rootstock platform by novel community-centric initiative Contents IOVLabs team to introduce “Everyday DeFi” initiative on Consensus 2...
IOVLabs Bringing Decentralized Finance to the Masses with Its Rootstock-Powered ‘Everyday DeFi’ Initiative – crypto.news
IOVLabs is launching a new decentralized finance initiative dubbed “Everyday DeFi” on the Bitcoin-powered Rootstock blockchain. The Everyday DeFi initiative will leverage Rootstock’s RIF Aggregation L...
DeFi 2.0 Suffers 98.5% Loss Amidst The Bear Market! Here Is Why
Mr. Jason Choi, a member of Forbes’ 30 Under 30 list, co-founded Spartan Group. The Spartan Group is APAC region’s most successful Web3 VC fund. Mr. Jason has expressed his thoughts on the current cry...
Cell Protocol Wants to ‘Democratize’ Liquidity in DeFi
0x5_7, a Stanford graduate who is now based in China and requested anonymity, previously worked as an engineer at Coinbase doing blockchain integration and indexing services. Wu is a self-declared ...
Getting Paid To Save The Earth With DeFi: Too Good To Be True?
Some dream of money, some dream of status, others – of saving the planet. We know we are having big problems with the things our previous generations have caused with the emergence of the indust...
IOVLabs Taps Rootstock To Bring Everyday DeFi To The First Billion Users
The journey to making decentralized finance more accessible and appealing to everyday users is still ongoing. IOVLabs has a new initiative to onboard the first billion users. The team has a long-term ...
A Whole New DeFi World Unveils
NXD projects have products that possess amazing use cases for users to explore, such as the Nexus Dubai Token, UAE Merchant Network, Nexidius, and Electrum. NXD’s purpose in writing this press release...
IOVLabs Launches Its “Everyday DeFi” Initiative on Rootstock
IOVLabs wants to make decentralized finance more accessible and usable for everyday users. That goal will be achieved through its “Everyday DeFi” initiative, to be unveiled during the Consensus 2022 c...
Nexus Dubai Projects: a Whole New Defi World Unveils
– Advertisement – Dubai, UAE, 6th June, 2022, Chainwire NXD projects have products that possess amazing use cases for users to explore, such as the Nexus Dubai Token, UAE Merchant Network,...
DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target
No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs. It has taken the project just ten days to reach its funding ...
DeFi Architect Andre Cronje Dismisses Comeback Rumors; Says ‘It’s All a Scam’
Andre Cronje, one of the greatest developers in decentralized finance (DeFi), has dismissed suggestions he was planning to make a return to the industry. “I left crypto,” Cronje, creator of DeFi proto...
Plunging Stocks and DeFi Use Weighing Down On Ethereum Price
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Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition – Technology Bitcoin News
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion u...
DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins
Key Takeaways Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin. FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalabl...
AAVE sees the largest cumulative returns within DeFi assets but here’s the caveat
DeFi assets traded with fairly high unison, as a calmer environment coupled with a lack of catalyst events among the top assets graced the sector this week. However, one platform indeed stood out amon...
Vetter: interview with the education and DeFi project
SPONSORED POST Vetter.ai is a platform that aims to make it easier and faster to find the best new crypto projects based on Ethereum, Polygon, BSC and other blockchains. Users can find these projects...
Maker founder proposes endgame, Singapore explores DeFi and more
The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched...