Tag : CeFi

Bitget Launches $100 Million Web3 Fund to Support Next-Generation Crypto Projects in Asia
Cryptocurrency News

Bitget Launches $100 Million Web3 Fund to Support Next-Generation Crypto Projects in Asia

PR Newswire
by PR Newswire0187
Bitget, a top crypto derivatives and copy trading platform, launched its Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million. The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of......
Bitget Invests $30M In Multi-Chain Wallet BitKeep Valued At $300M, Becoming Its Controlling Stakeholder
Cryptocurrency News

Bitget Invests $30 Million In Multi-Chain Wallet BitKeep Valued At $300 Million, Becoming Its Controlling Stakeholder

GlobeNewswire
by GlobeNewswire0196
Bitget, the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It’s also aimed at......
Digital Digital Asset Management News

Elwood Technologies Unveils Enhanced Risk Management Capabilities

Fintech News Desk
by Fintech News Desk0209
Elwood Technologies (“Elwood” or “the Company”), a platform providing institutional access to digital asset markets, extends its product offering with advanced Risk Management tools, providing clients the functionality to perform Live Position and Exposure tracking, Scenario Analysis, and Collateral Monitoring. These features have been made available to Elwood’s institutional client......
Cryptocurrency DeFi Finance News

Immunefi Reports $3.9Billion Of Funds Lost In Crypto In 2022

Fintech News Desk
by Fintech News Desk0199
Immunefi, the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses in 2022 Report. The crypto industry lost $3,948,856,037 in 2022. The 5 major exploits of the year totaled $2,361,000,000 alone, accounting for 59.8% of all losses in 2022.......
Cryptocurrency DeFi News

OKX Ventures And Neptune Mutual Launch First OKX Cover Pool

Fintech News Desk
by Fintech News Desk0225
OKX Ventures, the venture arm of world-leading cryptocurrency platform OKX, and crypto hedging protocol Neptune Mutual today announced a partnership to deliver OKX’s first-ever cover pool. The decentralized cover solution will be listed on Neptune Mutual’s P2P cover marketplace, which offers protection against hacks and attacks in DeFi, CeFi, and......
Paradigm Announces $35M Series A Strategic Financing Co-Led By Jump Capital and Alameda Ventures
DeFi News

Paradigm Announces $35M Series A Strategic Financing Co-Led By Jump Capital and Alameda Ventures

Fintech News Desk
by Fintech News Desk0397
The round values the institutional liquidity network at $400M Paradigm (“the Company”), the zero fee, institutional liquidity network for derivative traders, announced the closing of a $35M Series A funding round. The round values the company at $400M and was co-led by Jump Capital and Alameda Ventures. The Company is bridging the infrastructure......
FinTech Platform YouHodler Securing Crypto-Backed Fiat Loans Using Chainlink
Blockchain Fintech News

FinTech Platform YouHodler Securing Crypto-Backed Fiat Loans Using Chainlink

Fintech News Desk
by Fintech News Desk0339
YouHodler is pleased to announce we are now using industry-leading oracle solution Chainlink to increase the transparency and reliability of our backend pricing mechanisms. Our initial integration involves using Chainlink Price Feeds to access high-quality decentralized exchange rates on various cryptocurrency price pairs, which are then referenced in our lending......
Singapore-Based Crypto Lending Platform Hodlnaut Partners with Leading Crypto Exchange Okcoin
Currency Exchange News

Singapore-Based Crypto Lending Platform Hodlnaut Partners with Leading Crypto Exchange Okcoin

Fintech News Desk
by Fintech News Desk0346
Starting from 15 September, Hodlnaut users will be able to earn $10 in BTC when they create an account, deposit and trade with Okcoin Hodlnaut, a crypto lending and interest-earning platform based in Singapore, partners with leading U.S. crypto exchange, Okcoin. The new partnership is set to significantly improve users’ investment options and earning potential. The......
Demand For Crypto-Backed Loans Surges By Over 200%
Cryptocurrency Featured Investments News

Demand For Crypto-Backed Loans Surges By Over 200%

Fintech News Desk
by Fintech News Desk0566
Nebeus crypto start-up reports a three-fold increase in crypto-backed loans issued since the start of 2021 vs. all of 2020. The average loan size has increased by over 500% Nebeus app launches as seven new cryptocurrencies are added to the platform: USDT, USDC, DASH, Litecoin, Ripple, Stellar, and Bitcoin Cash.......
Celsius Secures Backend Pricing of Crypto Using The Chainlink, A Major Leap in CeFi Decentralization
Cryptocurrency DeFi News

Celsius Secures Backend Pricing of Crypto Using The Chainlink, A Major Leap in CeFi Decentralization

Fintech News Desk
by Fintech News Desk0451
Celsius, the leading global cryptocurrency yield-earning platform is now leveraging the industry-leading Chainlink Price Feeds to increase reliability of price feed for our backend systems. The deeper integration with Chainlink involves the use and sponsorship of over 90 decentralized price feeds, making it one of the first times a CeFi platform is issuing loans to......
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