Tag : Decentralized Finance

NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform
Blockchain DeFi Digital Payments News

NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform

FTS News Desk
The platform will create developer tools for building out NFT markets and decentralized applications and integrate the NEXW utility token for access NexWEB Technologies, delivering technology innovation since 2012, is pushing into the decentralized and distributed web space by utilizing the Butterfly Protocol, the premiere community-driven blockchain domain provider. Building......
Huobi Wallet Expands Support for Polygon Network
DeFi News

Huobi Wallet Expands Support for Polygon Network

FTS News Desk
The newly-upgraded wallet now allows users to access dApps on the Polygon Network Huobi Wallet, the professional, multi-chain light wallet of Huobi’s digital asset ecosystem, launched the expanded support for the layer 2 scaling solution Polygon. The wallet now enables users to create and import their Polygon addresses through the......
DeFi Technologies Announces the Appointment of Russell Starr as Executive Chairman
DeFi News

DeFi Technologies Announces the Appointment of Russell Starr as Executive Chairman

FTS News Desk
DeFi Technologies Inc. announces that it has appointed Russell Starr as Executive Chairman. Mr. Starr, who was serving as the Head of Capital Markets for DeFi Technologies is an established CEO, entrepreneur and financier with deep capital markets and industry expertise. A trusted leader and advisor focused on forging meaningful, high stakes, high return......
ThreeD Capital Inc. Completes $400,000 Investment into DeFi Yield Technologies Inc
Digital Fintech Investments News

ThreeD Capital Inc. Completes $400,000 Investment into DeFi Yield Technologies Inc

FTS News Desk
ThreeD Capital Inc, a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $400,000 investment in DeFi Yield Technologies Inc., a company that has a proprietary automated yield engine that has made investing in decentralized finance......
UTU Launches Creditworthiness API to Improve the Accuracy of Credit Assessments for Lenders
Digital Finance Fintech News

UTU Launches Creditworthiness API to Improve the Accuracy of Credit Assessments for Lenders

FTS News Desk
UTU’s Creditworthiness API will help increase loan volume and decrease default for traditional and DeFi lenders while improving customer experience UTU, a decentralized trust infrastructure provider building new models of digital trust via artificial intelligence and blockchain, launched its Creditworthiness API to improve the accuracy of credit assessments for financial......
TechX Closes Acquisition of Leading Cryptocurrency Payment Technology Gateway, Mobilum
Digital Digital Payments Fintech News

TechX Closes Acquisition of Leading Cryptocurrency Payment Technology Gateway, Mobilum

FTS News Desk
TechX Technologies Inc. , a technology driven company making traditional finance accessible through compliant digital payment infrastructure and digital asset management technologies, is pleased to announce that, further to the Company’s news release dated May 26, 2021, TechX has completed the acquisition of Mobilum OÜ (“Mobilum”). TechX also announced that the Board of......
Blockchain Security Firm CertiK Announces $37 Million Series B from Coatue, Shunwei Capital, Coinbase Ventures
Blockchain Digital Finance Fintech News

Blockchain Security Firm CertiK Announces $37 Million Series B from Coatue, Shunwei Capital, Coinbase Ventures

FTS News Desk
With over 1,000 clients and $70B in digital asset value secured, CertiK’s exponential growth continues, bringing its total funding to over $48M since 2018 CertiK, the global leader in blockchain security, announced a $37M Series B funding round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.......
RedStone Raises $525K in First Round of Funding to Expand Its Market Leading Next-Generation Decentralized Oracle Platform
Digital Finance Fintech News Technology

RedStone Raises $525K in First Round of Funding to Expand Its Market Leading Next-Generation Decentralized Oracle Platform

FTS News Desk
Round Led by Maven 11 Capital, With Participation From Arweave, Collider Ventures, Maven 11 Capital, KR1, 1kx and Bering Waters Ventures RedStone, the creator of a next-generation decentralized finance oracle platform has raised $525K in its pre-seed financing round. Led by Maven 11 Capital, major investors in the private-placement SAFT-style round included......
Soldex - The Solana Based Decentralized Exchange Introduces AI Trading
Cryptocurrency Digital Finance Fintech News

Soldex – The Solana Based Decentralized Exchange Introduces AI Trading

FTS News Desk
The cryptocurrency market has grown tremendously in the last few years following the recent surge in cryptocurrency prices. The market now has numerous currencies, decentralized exchanges, and decentralized finance. In the recent bull run, the market saw over 2000% gain by some of the currencies, with some going so far......
Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain
Digital Finance Fintech Investments News

Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain

FTS News Desk
Prophecy DeFi Inc. is pleased to announce that, further to its press release of June 8, 2021, it has completed the previously announced acquisition of 60% of the issued and outstanding common shares of Layer2 Blockchain Inc. (“Layer2“). As consideration for the Transaction, the Company issued an aggregate of 25,000,000 common shares of......