DeFi Firm PoolTogether Dodges Legal Bullet as U.S. Federal Judge Drops Charges
In a decisive victory for DeFi company PoolTogether, a U.S. Federal Judge dismissed all charges lodged against it. The lawsuit, initiated in 2021, accused PoolTogether of facilitating regulatory evasion and deceiving consumers. Joe Kent, a previous Congressional staff member, had filed the case as a litmus test while lawmakers mulled over potential legal approaches to DeFi entities. CASE DISMISSED!!!! 🦜🦜🦜🦜🦜🦜🦜 …
Continue Reading
Patamali Aims to Reshape Real Estate Financing in Kenya through DeFi
With ambitions to revolutionise the traditionally illiquid real estate market, Kenya’s Patamali is harnessing the power of Decentralized Finance (DeFi). Founded in November 2021 by visionaries Laura Omanga and Allan Musomba Mulei, the company has made significant strides by building its platform on the Celo blockchain. “🚨Big News Alert!🚨 Kenyas Patamali is taking over the real estate financing world with …
Continue Reading
Uniswap Survey Finds: DeFi Needs Enhanced User-Friendliness to Attract Retail Customers
Recent research spearheaded by Uniswap Labs has spotlighted the complexity of decentralized finance (DeFi) as a significant barrier to the involvement of retail cryptocurrency enthusiasts. Based on the responses from 1,860 U.S. retail users, the study highlighted the intricate and often confusing aspects of DeFi, which discourage users from engaging with on-chain services like Uniswap. Survey Unveils Deterring Factors for …
Continue Reading
Portals Raises $2M to Streamline DeFi Experience and Democratize Web3 Access
Portals, a groundbreaking platform aiming to simplify the Web3 ecosystem, has recently completed a successful $2 million seed funding round. The round was led by Lightshift Capital, with participation from LongHash Ventures, Daedalus Angels, Poolside, Basement Labs, Mechanism Capital, and notable angel investors such as Emile Dubie, Mathieu Baril, Owl.eth, 0xMaki, Rudy Kadoch, David Dias, and more. Transforming the DeFi …
Continue Reading
Floki Inu Surges After Listing on Binance.US, Becoming Top Memecoin in the Crypto Space
Floki Inu, a popular meme token, has gained significant momentum in the decentralized finance (DeFi) space after being listed on Binance.US, the world’s most widely recognized crypto exchange for U.S citizens. This achievement has led to an increase in social interactions and market activity, making it the leading memecoin in the industry. Listing on Binance.US Sparks Momentum On April 24, …
Continue Reading
INXY Payments: A Comprehensive Crypto Payment Solution
-
CryptoQuinn
-
April 20, 2023
-
Review, Defi
-
0 Comments
The global adoption of cryptocurrencies has been on the rise, with an estimated 420 million users worldwide as of 2021. This exponential growth has driven a surge in demand for secure and efficient payment processing solutions that cater to the unique characteristics of digital assets. Traditional payment methods are often ill-suited to handle the nuances of crypto transactions, prompting the …
Continue Reading
Maple Finance Launches T-Bill Pool for Web3 Investors
Maple Finance, a DeFi crypto lender, has launched a new cash management pool for U.S. Treasury Bill yields. The product will allow accredited web3 investors, such as decentralized autonomous organizations (DAO), offshore firms, Web3 treasures, and high net-worth individuals, to access the pool that invests in one-month Treasury Bills with no minimum lock-up period. Yield and Fees The pool will …
Continue Reading
Binance CEO CZ Speaks on CeFi and DeFi at Hong Kong Web3 Festival
Hong Kong is making strides toward crypto and Web3 adoption, as evidenced by recent crypto regulatory actions and Web3-centric events. Binance CEO Changpeng Zhao, known as CZ, recently participated in a virtual interview at the Hong Kong Web3 Festival on Wednesday, where he discussed the future of centralized finance (CeFi) and compared it to decentralized finance (DeFi). CZ’s Comparison Between …
Continue Reading
The Role of Oracles in DeFi: Trusting External Data Sources
Decentralized Finance, or DeFi, is a rapidly growing sector in the blockchain and cryptocurrency space. However, one of the biggest challenges that DeFi faces is how to obtain reliable and accurate data from external sources, which is necessary for smart contracts to function properly. This is where oracles come in. In this article, we will explore the role of oracles …
Continue Reading
Giant Crypto Players are Gearing up for More Layoffs
-
Akansha Gupta
-
January 10, 2023
-
Defi, Crypto, News
-
0 Comments
The increasing recession in the world has affected almost every growing company and the employees working in it, resulting in many hardworking and talented people losing their jobs. Cryptocurrency platforms are now not untouched by this recession. A handful of popular Crypto exchange platforms, including Huobi, Coinbase, SuperRare, and Genesis, are all set to cut off their workforce to recover …
Continue Reading
