Decentralized design platform Moralis raises $13.4M in seed funding from EQT Ventures
The middleware dApp building platform hopes to play a role in taking the sector mainstream. Go to Source Powered by WPeMatico
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Ethereum competitor Near launches $800M developer fund as DeFi competition heats up
Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize. Go to Source Powered by WPeMatico
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more
Gelato raises $11M from heavyweight backers for Web 3 automation
Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios. Go to Source Powered by WPeMatico
Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale
On paper, EOS has great fundamentals, but derivatives markets suggest traders don’t feel the same about the altcoin’s price potential. Go to Source Powered by WPeMatico
Umbrella Network launches on Ethereum with cross-chain bridge to BSC
Smart contracts, especially for DeFi, are becoming a data-intensive industry. Oracle services are helping to bridge the gap. Go to Source Powered by WPeMatico
Cardano to Invest $100 Million to Fund Decentralized Finance Projects
Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development … Read more
Cardano to enable new DeFi stablecoin with Coti
Coti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay. Go to Source Powered by WPeMatico
Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer
Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption. Go to Source Powered by WPeMatico
Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange. Go to Source Powered by WPeMatico
