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DeFi

DeFi Projects Pollen And Trader Joe Raise $10 Million

Kavon Hyatt | September 15, 2021 | Leave a comment
The Decentralized finance is seeing more funds inflow as new projects, Pollen and Traders Joe got a total of $10 million funds raised on Thursday. According to a report on a crypto blog, the DeFi protocol based on Avalanche,...
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Galaxy Digital Partners With Bloomberg To Launch A Joint DeFi Index

Kavon Hyatt | August 23, 2021 | Leave a comment
A partnership between Galaxy Digital and Bloomberg has birthed a fourth joint index, but it focuses on the decentralized finance (DeFi) this time. Galaxy, owned by Mike Novogratz, has also created a DeFi Index fund for the firm, which...
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Cardano’s First DEX Cardax Has Raised $1.5M

Kavon Hyatt | August 8, 2021 | Leave a comment
Cardano (ADA) has been doing quite well for itself lately, as not only are we getting closer to the full launch of Alonzo, but the initial decentralized exchange (DEX), which is scheduled to be launched on Cardano’s network, has...
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Data Shows BTC Mining Is On Its Way To Become More Decentralized This Year

Kavon Hyatt | July 30, 2021 | Leave a comment
Data reveals that unknown entities are becoming a more powerful influence on the BTC mining landscape in 2021 and 2020. According to one measure, BTC has gotten significantly more decentralised in the last year, and the growth is projected to continue....
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Hackers Attack Cross-Chain DEX THORChain For The Third Time This Year

Kavon Hyatt | July 28, 2021 | Leave a comment
THORChain is a cross-chain DEX (decentralized exchange) that has now been the victim of a cyber-attack for a whopping 3rd time in 2021 and also the 2nd time in the last seven days. The DEX is unfortunately just the...
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DeFi Exchange Kyber Teams Up With Polygon In A Bid To Boost Liquidity

Kavon Hyatt | June 23, 2021 | Leave a comment
The Kyber Network has now officially aligned itself with Polygon (MATIC) in an attempt to improve liquidity via the latest rewards program. The announcement had come yesterday via a blog post, where the network had made it known that...
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Two PayPal Leaders Rolls Out International Decentralized Payment Network

Kavon Hyatt | June 18, 2021 | Leave a comment
The transfers would get quicker and faster with the help of blockchain technology by incorporating a peer-to-peer system for stablecoins. The two of the ex-PayPal leaders inaugurated the first payment network, which works internationally using stablecoins to regulate the...
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Polygon Launches $100M Fund To Boost DeFi Adoption

Kavon Hyatt | April 29, 2021 | Leave a comment
Crypto Platform Polygon is looking to increase the adoption rate for the DeFi (decentralized finance) space by initiating a $100Million fund to make the DeFi space more approachable. According to informational sources, the fund is named #DeFiforAll, which focuses...
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DeFi Protocol Pendle Finance Completes Its Investment Round By Raising $3.5M

Kavon Hyatt | April 17, 2021 | Leave a comment
DeFi protocol, Pendle Finance is now seeking to expand the capabilities of its users by adding a platform where users can better manage their DeFi yields, turn them into tokens and sell them for profits. A total of $3.5...
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Charles Hoskinson Reveals New Expansion Plans for Cardano

Kavon Hyatt | April 12, 2021 | Leave a comment
Founder and CEO of Cardano, Charles Hoskinson, is planning a big series of upgrades for the Cardano Network. In a recent video posted on his own YouTube channel, Charles presented a detailed roadmap which highlighted that Cardano is going...
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