Category : DeFi

Blockchain Cryptocurrency DeFi News

BOMB Money Announces Release Date For Their Mobile App And Blockchain Powered By Ankr

Fintech News Desk
by Fintech News Desk0
On Jan. 9, 2023, the new mobile app developed by the BOMB Money team will be available for download on Android and iOS. The app will run on BOMB Chain, their new blockchain also set to launch on the same day. The game-changing BOMB Mobile App will become the gateway......
B2B DeFi News

EMURGO Introduces First USD-Backed Stablecoin For The Cardano Ecosystem

Fintech News Desk
by Fintech News Desk0
EMURGO, the official commercial arm and a founding entity of the Cardano blockchain, announces the planned launch of its new U.S. Dollar-backed stablecoin, USDA. USDA is the first fully fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem. “From managing Web3 balance sheets, to making card payments directly with crypto, to better......
Parallel Markets Participates in Portable Identity Ecosystem Built on Centre’s Verite Protocols
DeFi News

Parallel Markets Participates in Portable Identity Ecosystem Built on Centre’s Verite Protocols

Fintech News Desk
by Fintech News Desk0
Growing adoption of Verite credentials will support secure, privacy-preserving participation in DeFi and Web3 Circle Internet Financial and Parallel Markets will collaborate to build accredited investor credentials using the Verite decentralized digital identity credentials established by the Centre Consortium, expanding opportunities for privacy-preserving, compliant transactions using open standards. “Verite credentials allow us to support organizations providing......
DeFi Fintech News

Republic And Re7 Capital Announce Strategic Joint Venture To Collaborate On Crypto Asset Management Initiatives

Fintech News Desk
by Fintech News Desk0
Republic through its UK affiliate, and DeFi fund manager Re7 Capital announced a strategic joint venture to collaborate on asset management initiatives focused on liquid crypto tokens. This partnership lays the groundwork for further joint initiatives between the two firms. Venture capital fundraising for crypto and blockchain is on pace for a record year in 2022, indicating that......
THORChain Enables DeFi on Bitcoin with Breakthrough Single-Sided Staking Service
DeFi Finance News

THORChain Enables DeFi on Bitcoin with Breakthrough Single-Sided Staking Service

Fintech News Desk
by Fintech News Desk0
Community-run decentralized exchange, THORChain, becomes the first permissionless service to activate decentralized finance on native Bitcoin without any additional asset exposure THORChain, the non-custodial decentralized exchange (DEX) that opens access to native and cross-chain liquidity, has launched its single-sided staking capabilities, allowing community members to take advantage of decentralized finance......
DeFi Investments News

Fordefi Raises $18M Seed Round To Launch Institutional DeFi Wallet And Security Platform Fordefi logo

Fintech News Desk
by Fintech News Desk0
Fordefi, a financial technology and software company, announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm’s initial capital raise also include Electric Capital, Alameda Research, Jump Crypto,......
Fordefi Raises $18 Million Seed Round to Launch Institutional DeFi Wallet and Security Platform
DeFi News

Fordefi Raises $18 Million Seed Round to Launch Institutional DeFi Wallet and Security Platform

Fintech News Desk
by Fintech News Desk0
Backed by top crypto VCs and built by crypto industry veterans, Fordefi has launched the industry’s first institutional MPC wallet and Web3 gateway for crypto-native funds Fordefi, a financial technology and software company, announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting......
DeFi Finance News

WalletConnect Raises $12.5 Million Ecosystem Round To Build Out A Web3 Communications Network

Fintech News Desk
by Fintech News Desk0
WalletConnect, the web3 communications protocol company, announced that it has raised $12.5 million in an ecosystem round. “WalletConnect is a building block in this growing ecosystem, and we look forward to collaborating with the team to help push commerce into the web3 era.” The ecosystem round lays the groundwork for......
B2C DeFi Finance News

Elysia Signs An MOU With Neopin

Fintech News Desk
by Fintech News Desk0
ELYSIA, a blockchain project specializing in real-world asset tokenization, announce the signing of a Memorandum of Understanding (MOU) between ELYSIA and NEOPIN, a subsidiary company of Neoply, which in turn is a subsidiary of the famous South Korean online games publisher Neowiz Holdings (KOSDAQ: 095660). Read : Global Fintech Interview with Mark Fidelman, Chief Executive Officer......
Cronos ID Launches $CROID Governance Token, Partners With Crypto.com’s DeFi Wallet
Blockchain Cryptocurrency DeFi News

Cronos ID Launches $CROID Governance Token, Partners With Crypto.com’s DeFi Wallet

Fintech News Desk
by Fintech News Desk0
Cronos ID domains are the first human-readable wallet addresses supported by Crypto.com’s self-custodial wallet app, the DeFi Wallet Cronos ID, the identity and communication protocol for Cronos chain and beyond, announced the upcoming minting and public launch of 500 million Cronos ID native governance tokens, $CROID, which will offer utility......
1