AllianceBlock brings DeFi product suite to Avalanche
By Sam Bourgi
“In becoming a key player in the Avalanche ecosystem, we will help drive our common goals, bringing the DeFi industry to new heights,” says AllianceBlock founder and CEO Rachid Ajaja. AllianceBlock, a decentralized layer-2 solution bridging traditional finance and DeFi,…
DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say
Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. Rune Christensen, co-founder of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from…
Fei Labs raises 639K ETH in genesis event
By Sam Bourgi
The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin. Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over…
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How Can Filecoin Benefit Its Users In 2021?
By John Wanguba
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading How Can Filecoin Benefit Its Users In 2021? at E-Crypto News. Story continues on E-Crypto News
Delta Exchange completes $5M token raise following investments from DeFi players
By Sam Bourgi
Investors include Aave Ventures, Kyber Network, Sino Global, CoinFund, Spartan and others. Delta Exchange, a cryptocurrency derivatives platform, has successfully concluded a $5 million private sale of its native DETO token, setting the stage for wider adoption of its retail…
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Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform’s zero-fee transactions and high-yield liquidity pools. Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the…
Pantera Capital backs Liquidity Protocol’s $6M Series A funding round
By Sam Bourgi
Liquidity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round. DeFi lending platform Liquidity Protocol has secured $6 million in Series A funding to expand its…
Liquidity mining is booming — Will it last, or will it bust?
Liquidity mining is a marked and significant improvement over the investment mechanisms of ICOs, but is it here to stay? By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings,…
Are emerging markets missing out on DeFi due to gas fees?
By Samuel Haig
Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts. Despite grand visions of enabling farmers in Vietnam access to the world of global finance via Decentralized Finance, emerging…