Australian Senator says DeFi is ‘not going away any time soon’
The Liberal Party Senator commented that DeFi “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation.” Go to Source Powered by WPeMatico
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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with … Read more
NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated … Read more
‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers
In an exclusive interview with Cointelegraph, Rogers discussed the technology, tokenomics and outlook of the Minterest borrowing and lending protocol. Go to Source Powered by WPeMatico
Acala wins first Polkadot parachain auction with over 32M DOT staked
The upcoming Polkadot DeFi hub raised nearly $1.3 billion in its token ICO from approximately 25,000 contributors. Go to Source Powered by WPeMatico
Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains
While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have … Read more
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.” Deloitte to Utilize Avalanche Protocol to … Read more
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
Twelve venture capital firms and three angel investors have joined in to fund the DeFi protocol. Go to Source Powered by WPeMatico
3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum’s 12 Month Gains
While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum … Read more
DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. Go to Source Powered by WPeMatico