Popular decentralized finance (DeFi) protocol Curve Finance is seeking a grant of one million OP tokens from the Ethereum layer-2 network, Optimism. Curve submitted a grant proposal on the Optimism fo...
Tag: Finance
Web3 Platform Accredited Finance Now Accepting New Sign-Ups Amid Its Ecosystem Token Launch
Advertisement     As a strategy to grow its platform during the introduction of its ecosystem token, Accredited Finance, the affordable Web 3 solution for digital asse...
Accredited Finance To Accept New Users in Midst of Utility Token Rollout
Accredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its pl...
UK finance association labels crypto a ‘good alternative’ to traditional payments
A new study has concluded that cryptocurrencies can complement traditional finance by acting as a ‘good alternative’ to the existing settlement processes. The study by the International Association of...
Coinbase Ventures To Shift From Centralized To Decentralized Finance
Coinbase Ventures, the investing arm of Coinbase, has announced that it will be focusing more on decentralized finance (DeFi) and gradually moving away from centralized finance. The company recently a...
Fundraising Rounds with Bluejay Finance and Cardinal, 3AC Co-founders Resurface, California Accepting BTC Donations to Political Campaigns
Fundraising continued with Bluejay Finance and Cardinal closing successful rounds. California will accept crypto donations for political campaigns, and 3AC co-founder resurfaces talking about the hedg...
Expect the next Bitcoin bull run in a year, says finance professional F. Grummes
Florian Grummes, the managing director of investment advisory firm Midas Touch Consulting, believes that despite Bitcoin’s (BTC) recent minor gains, the asset’s next bull run will take longer. Speaki...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wan...
Curve Finance founder implies a stablecoin is on its way
Curve Finance may be the latest DeFi project joining the race to ship a decentralized stablecoin, according to details emerging from a cryptocurrency event. SCB 10X — a Thailand-based investment firm ...
Why DeFi Might Be Safer Than Traditional Finance
The answers are complex, but essentially boil down to specific financial and technical design decisions. Some of these, such as systemic transparency, overcollateralized lending and automated liquidat...
DeFi Token Behind Curve Finance Jumps 21% Amid Stablecoin News
Curve DAO Token (CRV), the native token of Curve protocol, has rallied more than 21% over the past 24 hours. CRV, the 60th-largest token with a market capitalization of nearly $760 million, is changin...
Ethereum Backed Staking Service Lido Finance Plans Its Expansion Across Layer 2
Lido Finance, a cryptocurrency staking service firm, declares its intention to spread across the Ethereum Layer two networks. Furthermore, the company announced that it would extend its support to the...
Zipmex Confirms $53M Exposure to Celsius and Babel Finance
Singapore-based crypto exchange Zipmex declared on Thursday that it has a total of $53 million worth of funds in exposure to crypto lenders Celsius Network and Babel Finance. The latest development co...
India’s finance minister says punitive crypto taxes will remain in force
Local media outlet Financial Express reported that the Indian government has no plans to reduce taxation on crypto transactions. On April 1, India implemented a 30% tax on income gained from cryptocur...
DeFi Protocol CVI Finance Launches Impermanent Loss Protection
The team behind the decentralized protocol Crypto Volatility Index (CVI) has launched an impermanent loss (IL) protection solution dubbed “Armadillo,” designated to help liquidity providers (LPs) miti...
Asia-Focused Multi-Currency Stablecoin Protocol, Bluejay Finance, Raises $2.9M
[PRESS RELEASE – Singapore, Singapore, 20th July 2022] Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M ...
Asia’s Bluejay Finance Raises $2.9 Million for Capital-efficient Multi-Currency Stablecoin Protocol – crypto.news
Bluejay Finance announced on July 20, 2022, that it has raised $2.9 million in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, and more. The team says the funds will be used for team...
Lido Finance Proposes Selling 20M LDO Tokens for DAI – crypto.news
Crypto Staking Service Provider Lido Finance has begun discussions on a governance proposal to sell 20 million Lido DAO (LDO) tokens and diversify its treasury into stablecoins to fund its operating n...
Decentralized Stablecoin Protocol Bluejay Finance Secures $2.9 Million in Funding
Advertisement     Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and others have invested $2.9...
The Same Law Firm Is Representing Celsius, Voyager and Babel Finance
Voyager and Celsius’ court filings list the same lead attorney and contain several identical paragraphs The insolvent crypto lenders may be using Chapter 11 as a “delay tactic” The longer crypto’s bea...
Stablecoin Protocol Bluejay Finance Raises $2.9 Million in Funding From Asian Investors
To issue stablecoins tied to real-world currencies, Bluejay Finance, a capital-efficient decentralized stablecoin protocol, has secured $2.9M in investment from Zee Prime Capital, C2 Ventures, Stake C...
Asia-Focused Multi-Currency Stablecoin Protocol, Bluejay Finance, Raises $2.9 Million in Funding
July 20, 2022 – Singapore, Singapore Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9 million in funding ...
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Singapore, Singapore, 20th July, 2022, Chainwire Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in fu...
Multi-currency stablecoin protocol Bluejay Finance raises $2.9M in funding
Bluejay, a multi-currency stablecoin protocol for issuing stablecoins pegged to real-world currencies, has concluded a $2.9 million funding round. Several venture capitals and DeFi projects took part ...
Lido Finance to Cut Fees, Increase Speeds With Ethereum Layer-2 Integrations
Fees on Ethereum are low today, but Lido Finance wants to keep them low tomorrow. The so-called liquid staking service has announced that it will begin expanding into various layer-2 scaling solution...
Fintech and crypto are changing the world of finance
Nigerian Central Bank Governor and Bitcoin critic Godwin Emefiele recently noted that the rise of fintech and crypto, among other technologies, has forced banks and financial institutions to change th...
Lido Finance: What TVL crossing $6b mark could mean for LDO
Crypto staking service provider Lido Finance has come a long way. From fears of shrinking liquidity for the staking derivative to Lido’s native token skyrocketing to a weekly-high of $0.66, the organi...
Lido Finance Ethereum Stake provider declared It’s an expansion on Layer two
Lido Finance is ready to expand in the Second Layer. Lido Finance is the biggest stake provider for Ethereum and others. According to 18 July 2022 reports, Lido Finance officials announced...
Reserve Bank Of India Considering Outright Crypto Ban, Says Finance Minister ⋆ ZyCrypto
Advertisement     The Reserve Bank of India doesn’t appear as intrigued by the emerging crypto technology as other central banks. While the apex banks of countries lik...
Lido Finance to Sell $29 Million Worth of Tokens, Causing 20% LDO Drop
Arman Shirinyan Questionable proposal might ruin 200% rally LDO went through in last week Lido Finance launched voting for the “diversification” of an existing treasury in order to prepare...