Tag : Decentralized Finance

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

Fintech 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

Fintech 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

Fintech 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

Fintech 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

Fintech 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......
Zerion Raises $8.2 Million to Take Decentralized Finance Mainstream
Digital Finance Fintech News

Zerion Raises $8.2 Million to Take Decentralized Finance Mainstream

Fintech News Desk
The award-winning interface unlocks the world of DeFi for all, regardless of crypto knowledge or experience Zerion, a leading investing interface for decentralized finance (DeFi), has raised $8.2M in Series A funding led by Mosaic Ventures, with participation from Placeholder, DCG, Lightspeed, Blockchain.com Ventures, and others. Since raising a seed round in 2019, Zerion has built an award-winning interface that unlocks......
InComm Payments Partners with Flexa to Enable Seamless Digital Currency Acceptance for Merchants
Cryptocurrency Digital Digital Payments News

InComm Payments Partners with Flexa to Enable Seamless Digital Currency Acceptance for Merchants

Fintech News Desk
Retailers connected to InComm Payments can now enable simple, fast, and secure payments using bitcoin, ether, and dozens of other digital currencies  InComm Payments, a leading global payments technology company, announced that it has selected Flexa, the leading pure-digital payments network, to offer its global brand partners a seamless way......
DeFi Technologies Updates Venture Portfolio for Shareholders - 255% ROI In 6 Months
Digital Finance Fintech News

DeFi Technologies Updates Venture Portfolio for Shareholders – 255% ROI In 6 Months

Fintech News Desk
Over the course of six months DeFi Technologies Inc. has invested US$477,500 into respective DeFi portfolio projects with a current value of US$1,693,324 (255% return) Sovryn – Over $50M in assets locked in the system with over $1B SOV staked in governance. Closed a $10M investment round led by Pomp Investments Saffron Finance – ROI is up around 52% since the initial investment,......
Telcoin Raises US$10 Million, launches Next Generation of Fintech Platform
Fintech News

Telcoin Raises US$10 Million, launches Next Generation of Fintech Platform

Fintech News Desk
Pre-series A round marks a major milestone as Telcoin brings DeFi to its digital remittance service Telcoin, a fintech operating at the intersection of decentralized finance and telecommunications, has closed US$10 million in pre-series A equity financing to fulfill their mission of bringing fast and affordable, user-owned financial products and services to......
EY Contributes a Zero-Knowledge Proof Layer 2 Protocol Into the Public Domain to Help Address Increasing Transaction Costs on Ethereum Blockchain
Digital Finance Fintech News

EY Contributes a Zero-Knowledge Proof Layer 2 Protocol Into the Public Domain to Help Address Increasing Transaction Costs on Ethereum Blockchain

Fintech News Desk
— Protocol enables private transfer of Ethereum tokens — Improves efficiency and developer friendliness — Integrates rollup technologies to conduct transfers at an affordable price EY released a new set of tools for privately managing transactions on the Ethereum blockchain. The project, known as Nightfall 3, combines zero-knowledge proofs (ZK......
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