Tag Archives: defi

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 this new venture investment arm dubbed “Huobi Ventures.” The ultimate goal of this new subsidiary...

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 and ultimate execution venues.  deFIRE’s goal has managed to draw the attention of...

E-commerce giant eBay has become the first in its industry to catch the non-fungible tokens (NFT) mania, as the company is now allowing the sale of NFTs on its platform. According to Reuters on Tuesday (May 11, 2021), eBay said that it would enable the sale of NFTs for digital collectibles such as video clips, images, or trading cards on its marketplace. Meanwhile, the ability to list and sell NFTs would be open only to whitelisted sellers. This could mean that the platform...

The automatic market maker (AMM) running on top of Ethereum, Balancer, announced that Version 2 of its platform is already live. It promises lower gas costs, a redesigned interface, and an enhanced user experience. Balancer V2 Arrives Built on Ethereum, Balancer is a DeFi protocol enabling users to trade ether and ERC-20 tokens in a trustless, permissionless environment. By providing liquidity to a Balancer pool, they can also earn a portion of the trading fees paid to the...

QANPlatform – a project that is on a mission of building a quantum-resistant hybrid blockchain protocol, secured investment from various venture capital funds to build a DeFi ecosystem. QAN Successfully Closes a Funding Round of $2.1 Million The question of whether or not existing blockchain-based PoW networks would stand the test of a quantum computer is one that’s been discussed for quite some time. To this date, many believe that a quantum computer is the most serious...

Ethereum layer-two protocol, Metis, announced that they’ve successfully closed $4 million in a brand new funding round. $4 Million of Funding for ETH Layer Two Solution Metis Metis is an Ethereum layer-two protocol. According to a press release shared with CryptoPotato, the company managed to raise another $4 million in a growth round that was led by the likes of Master Ventures, Oasis Capital, AU21, BMW Capital, Consensus Lab, Genblock Capital, M6, and so forth. This gives...

The cryptocurrency community has been particularly creative when it comes to finding new ways to bootstrap projects and raise funds. In late 2017 and 2018, we saw the appearance of initial coin offerings (ICOs), where teams would raise money by selling a part of their total token supply to the public. This created an absolute euphoria as these freshly minted coins would multiply in value once they were listed on an exchange and open for trading. Quick Navigation: ICOs were...

Although the Meebits provenance was supposed to be completely random, the revelation of this new exploit allows users to generate NFTs worth hundreds of thousands of dollars for free (except ETH gas). This exploit is still live. Larva Labs: A Mainstay of the NFT World Famous for CryptoPunks, Larva Labs have cemented their legacy as pioneers in the NFT space, creating generative art on Ethereum. CryptoPunks have sold for outrageous amounts – sales have exceeded the...

Gebäude der «Neuen Börse» Zürich Foto CC 3.0 by Ikiwaner, Wikipedia Starker Bitcoin-Monat bei der Schweizer Börse SIX, Und, der Einstieg in DeFi steht kurz bevor! Über die Hälfte der 27 neukotierten Kryptoprodukte von SIX seit Beginn des Jahres 27 sind im April zu verzeichnen. An der Schweizer Börse wurden im April 2021 14 neue ETPs (Exchange Traded Products) gelistet. Laut eigenen Angaben listet SIX derzeit mehr als 80 Kryptoprodukte,...

Reef Finance, the cross-chain DeFi operating system, has launched its platform for initial DEX offerings (IDOs) called ReefStarter. The new product will focus on projects from the decentralized finance space, allowing them to swap tokens cheaply and rapidly. ReefStarter Going Live Describing itself as the “first cross-chain DeFi operating network,” Reef Finance enables traders to access liquidity from centralized and decentralized exchanges through its smart liquidity...