Tag : DeFi applications

Introducing Ink: The Layer-2 Opening Exciting DeFi Opportunities to Everyone
Cryptocurrency DeFi News

Introducing Ink: The Layer-2 Opening Exciting DeFi Opportunities to Everyone

Business Wire
by Business Wire0
Ink offers users seamless access and interoperability with the cutting edge of decentralized finance Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, has unveiled Ink, a layer-2 (L2) built on the Optimism Superchain that will become one of the most compelling ecosystems in DeFi. “Ink will work......
Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
Chainlink Data Feeds Are Now Live on Starknet, Accelerating DeFi Development and Ecosystem Adoption Through the Chainlink SCALE program
DeFi News

Chainlink Data Feeds Are Now Live on Starknet, Accelerating DeFi Development and Ecosystem Adoption Through the Chainlink SCALE program

PR Newswire
by PR Newswire0
Starknet developers can now build highly scalable and secure DeFi applications Chainlink, the industry-standard decentralized computing platform, and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced that Chainlink Data Feeds, the industry-leading data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability......
BOB Completes $1.6M Strategic Raise from Ledger Ventures and Angel Investors
Blockchain Cryptocurrency Finance Fintech News

BOB Completes $1.6M Strategic Raise from Ledger Ventures and Angel Investors

PR Newswire
by PR Newswire0
Hybrid Layer-2 solution powered by Bitcoin and Ethereum also attracts leaders from Aave, Curve, Threshold, and the Ordinals ecosystem as part of angel round BOB, a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum, announces its $1.6M combined strategic raise led by Ledger Ventures and angel round with funds deployed to broaden the Layer-2’s......
Scroll Foundation Partners With Chainlink Labs To Accelerate Ecosystem Growth and Expand App Development on Scroll
DeFi News

Scroll Foundation Partners With Chainlink Labs To Accelerate Ecosystem Growth and Expand App Development on Scroll

PR Newswire
by PR Newswire0
To start the collaboration, Scroll is joining the Chainlink SCALE program to support its vision of scaling Ethereum in an open and community-driven manner Scroll, a fully open-source, Ethereum equivalent zkEVM-based zkRollup that enables native compatibility for existing Ethereum applications and tools is partnering with Chainlink Labs to deliver Chainlink Web3 services to Scroll’s......
Consensys' Layer 2 Blockchain Linea Completes Public Launch, Unlocking a Wave of DeFi Applications
Blockchain DeFi News

Consensys’ Layer 2 Blockchain Linea Completes Public Launch, Unlocking a Wave of DeFi Applications

Business Wire
by Business Wire0
The milestone follows the successful onboarding of over 150 partners, attracting over $26m Ether in TVL in its first month—making Linea the fastest-growing zkEVM on Ethereum The leading web3 software technology company, Consensys, announces the completion of the public launch of its Layer 2 blockchain solution Linea. This milestone follows the......
MultiversX Announces Liquid Staking & Lending Protocol Hatom as the Next Startup on xLaunchpad
DeFi News

MultiversX Announces Liquid Staking & Lending Protocol Hatom as the Next Startup on xLaunchpad

GlobeNewswire
by GlobeNewswire0
MultiversX has revealed Hatom Protocol as the next project to debut on xLaunchpad, its strategic incubator that has seen extraordinary interest with +1000% oversubscription on every public sale conducted. Hatom will bring highly anticipated DeFi primitives to the ecosystem, combining capabilities of the three largest DeFi protocols on Ethereum, responsible......
Financial Institutions Join Avalanche Evergreen Subnet, ‘Spruce’, to Drive On-Chain Finance Innovation
DeFi Finance News

Financial Institutions Join Avalanche Evergreen Subnet, ‘Spruce’, to Drive On-Chain Finance Innovation

PR Newswire
by PR Newswire0
The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce as a testnet for a variety of applications and assets to measure the benefits of on-chain trade execution and......
Rysk Finance Raises $1.4 Million to Spearhead On-Chain Market Making for DeFi Derivatives
DeFi News

Rysk Finance Raises $1.4 Million to Spearhead On-Chain Market Making for DeFi Derivatives

Fintech News Desk
by Fintech News Desk0
Funding comes as platform prepares for launch of Rysk Beyond, an advanced decentralized market maker protocol for options trading Rysk Finance, the on-chain market maker for DeFi derivatives, has successfully raised $1.4 million USD in a pre-seed funding round led by Lemniscap, with participation from Encode Club, Ascensive Assets, Starbloom, Yunt Capital,......
Provenance Blockchain Foundation Hires Valerie Wagner as Senior Director of Onboarding and Adoption
Blockchain News

Provenance Blockchain Foundation Hires Valerie Wagner as Senior Director of Onboarding and Adoption

Fintech News Desk
by Fintech News Desk0
Engineering Veteran with Previous Senior Roles at Figure and SRI International Brings Significant Blockchain Adoption Expertise to Provenance Blockchain Foundation The Provenance Blockchain Foundation, an organization focused on supporting the development and adoption of DeFi applications leveraging Provenance Blockchain, is delighted to welcome Valerie Wagner as Senior Director of Onboarding and......
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