Hashflow, a hybrid approach to decentralized finance (DeFi) trading, is launching its private alpha with $3.2 million in funding from Electric Capital, Dragonfly Capital and Alameda Research. The project looks to take... Read more »
VC firms Parafi, 1Confirmation, Spartan Group, Nascent and Nima Capital also joined the Ethereum-based protocol’s equity round, said CEO Teddy Woodward. His company last raised cash in an October 2020 seed round.... Read more »
500% BANANA price increase in the last 7-days ApeSwap, the automated market maker (AMM), yield farming, and staking platform on Binance Smart Chain has been having a moment this week as metrics... Read more »
The story of boring bitcoin and exciting ether continued in the cryptocurrency markets Wednesday. Bitcoin (BTC) trading around $54,925 as of 21:00 UTC (4 p.m. ET). Gaining 0.14% over the previous 24... Read more »
Source: Adobe/prima91 A new bridge between the traditional finance industry (TradFi) and decentralized finance (DeFi) will open numerous doors and bring a new stream of revenues for TradFi companies, according to Rachid... Read more »
Polygon, the Ethereum scaling project formerly known as Matic, has launched a $100 million fund aimed at making decentralized finance (DeFi) more accessible to end users. The so-called #DeFiforAll Fund will focus... Read more »
Cryptocurrency traders were agog last August when prices for the digital token serum (SRM) jumped 10-fold on its first day of trading after being listed on Binance, the world’s largest cryptocurrency exchange... Read more »
Bumper, a kind of insurance policy against cryptocurrency’s roller-coaster volatility borrowing techniques used in decentralized finance (DeFi), has raised $10 million from Alphabit, Autonomy, Beachhead, ChainLayer and others in a private token... Read more »
Alchemy, which is fast becoming the blockchain world’s version of Amazon Web Services (AWS), has raised $80 million. Alchemy’s ubiquitous infrastructure and developer platform has grown since its public launch eight months... Read more »
Ether has cannibalized bitcoin in Genesis’ loan book as more hedge funds borrow ETH to deploy into decentralized finance (DeFi) protocols, the cryptocurrency lender reported in its Q1 results on Wednesday. ETH... Read more »