Category : DeFi

Cryptocurrency DeFi News

XT.COM Lists GGCM In Its MAIN+Defi Zone

Fintech News Desk
XT.COM, the world’s first socially infused trading platform, is thrilled to announce the listing of GGCM on its platform in the Main Zone. Both GGCM/BUSD and GGCM/BNB trading pairs will be open for trading from 2022-11-21 07:00 (UTC). GGCM is a TRC-20 token on the TRON Chain with a total supply of 500,000,000,000 (500 billion). GGCM aims......
Veax, a Decentralized Derivative Trading Protocol on NEAR, Raises $1.2 Million Pre-seed Amidst Global Centralized Finance Breakdown
Blockchain DeFi News

Veax, a Decentralized Derivative Trading Protocol on NEAR, Raises $1.2 Million Pre-seed Amidst Global Centralized Finance Breakdown

Fintech News Desk
Built differently than other DEXes with re-invented features including “Adaptable Liquidity Pool” and “True Margin leveraged trading” for efficient capital deployment Web3 venture builder, Tacans, introduces their latest project, a traditional finance empowered decentralized exchange (“DEX”) on the Near protocol, Veax. Harnessing the robustness of the Near blockchain, Veax is......
CentroFi Announces Upcoming Launches of Its Token and Ecosystem
DeFi Finance News

CentroFi Announces Upcoming Launches of Its Token and Ecosystem

Fintech News Desk
CentroFi, a soon-to-be launched financial ecosystem in the Web3 space, announced the dates of its token and ecosystem launches to be November 27th and December 3rd respectively. “The 1 week spacing between token and ecosystem launches had been deliberately planned to allow the stabilizing of token liquidity, and for our......
Blockchain Cryptocurrency DeFi News

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

Fintech News Desk
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
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
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
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
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
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
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......
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