DeFi Archives - Cryptopress

De-Fi Insurance Protocol Solace, Backed by Polygon, NEAR, and Aave is Now Live

Insurance-alternative protocol allows DeFi liquidity providers to hedge their risk in the event of smart contract exploits CALIFORNIA Oct 19 2021 (Blockchain Wire) Solace, a risk management insurance protocol for decentralized finance, has launched after eight months in development and four months on the Ethereum Rinkeby and Kovan testnets. Entirely community-run, Solace offers coverage policies for DeFi protocols such as Aave, Compound, and Uniswap. Claims are instantly and automatically validated and claimed within the network, and payouts are made in a single transaction. Capital providers contribute to...

Blockchain, Cryptocurrencies, DeFi, Press release, Uniswap

Tokens.com Provides Q3 Operational Update and Date for the Release of its Q3, 2021 Financial Results

October 19, 2021 07:30 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and metaverse real estate, is pleased to provide an update on its Q3 staking operations. All amounts in this news release are unaudited. “Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the...

Cryptocurrencies, DeFi, NFTs, Press release

Pollen DeFi to hold Allocation Mining Event on Launchpool Beginning November 8

The Crypto Meritocracy and Seminal DeFi 2.0 Experience Has Partnered with Launchpool for its Initial Equity Offering Event BRITISH VIRGIN ISLANDS Oct 19 2021 (Blockchain Wire) On the heels of closing a $5 million private funding round, Alphabit backed Pollen DeFi (https://pollen.id/), the decentralized platform where the community will manage the weighting of asset portfolios that back up market-tradable tokens, today announced its Allocation Mining Event (AME) on Launchpool.xyz, a trusted project launchpad with a strong community-based ethos. During the 10-day event, slated to begin November 8, a total of 1.5 million...

Cryptocurrencies, DeFi, Press release

Play-To-Earn: greatest games to play and win crypto today

By Juan Mende. Play-to-earn is a model for games where players can earn real money or other rewards by playing. The play-to-earn market has been growing rapidly, especially in the last few months. The growth has been so rapid that it is hard to keep up with all the changes. In 2020, gamers exhibited interest during and after quarantine. From January to December, DappRadar reports a 35% rise in daily activity for all crypto games on PC, Android, and iOS. The market value increased by 191 percent to finish the year at $173.5 million each day. In early 2021, a wave of NFT (non-fungible tokens) overtook the gaming industry, some...

Crypto Games, Cryptocurrencies, DeFi, Ethereum, Main

DeFi Platform Oasis.App Integrates the 1inch Aggregation Protocol

This integration provides Oasis.app users with cheaper prices and better security for swaps via 1inch. LONDON Sep 15, 2021 (Blockchain Wire) London, September 15, 2021 – Oasis.app, a leading platform for decentralized finance, has integrated with the 1inch Network, a leading DEX aggregator, to provide its users with the best rates and deepest liquidity on the DeFi market. This integration comes shortly after users were suffering from rising gas costs using Oasis Trade, as 1inch provides a cheaper, more efficient solution. 1inch is a decentralized exchange (DEX) aggregator that scans multiple liquidity sources...

Blockchain, DeFi, Ethereum, Press release

Online Blockchain plc: Cheap, Fast and Easy Bridging of USDT Now Available on Umbria Network

by Zoe Mende DeFi protocol expands assets on its cross-chain Narni bridge USDT can now be migrated cross-chain almost instantly and at minimal cost using Umbria’s Narni Bridge – bridge.umbria.network. In addition to bridging the stablecoin quickly between the Ethereum Mainnet and Polygon network with extremely low fees, users can lend their USDT to the bridge in a system called pooling and earn APY (a return similar to interest on deposits). With Narni’s ‘pool and earn’ feature (https://bridge.umbria.network/pool/), liquidity providers receive fees when other participants bridge USDT between networks. Stablecoins are...

Blockchain, DeFi

Omm Launches Decentralised Money Markets on ICON Blockchain

Omm makes DeFi lending/borrowing & liquidity mining easily accessible to anyone with an email address and bank account NEW ZEALAND Aug 24 2021 (Blockchain Wire) Omm (omm.finance) today announced the launch of its decentralized money market on the ICON blockchain. Omm allows anyone to lend or borrow digital assets and earn interest and includes Bridge as a sign-in option and fiat on/off-ramp. In traditional finance, money markets provide short-term funding and liquidity for borrowers. They’re attractive to investors because of their relatively high-interest rates and immediate liquidity, making money markets a...

Blockchain, DeFi, Press release

Online Blockchain plc Umbria Cross-Chain Narni Bridge is Now Live

Online Blockchain plc: Umbria’s Cross-Chain Narni Bridge is Now Live

– DeFi protocol’s bridge enables quick, easy, and cheap transfer of assets between different blockchains – Umbria Network is pleased to announce that its highly anticipated Narni ‘Insta’ Bridge is in Beta and available to the public. Users of the bridge – bridge.umbria.network – can now transfer $UMBR (Umbria’s governance token) between the Ethereum Mainnet and Matic Mainnet quickly, easily, and cheaply. Imminently the bridge’s functionality will extend to see it compatible with a universe of other assets and integrating with a host of different blockchains. In addition to asset transfers between...

Blockchain, DeFi, DEX, Ethereum, Polygon, Stablecoins

The Global Financial Crisis Led To Decentralized Exchanges

By Juan Mende. The 2008 Global Financial Crisis led to movements such as Occupy Wall Street and Bitcoin. Bitcoin at least is still alive and well, as attention on inefficiencies, inequalities, and the risks of the intermediated financial system have persisted over the last decade-plus. Distrust only grew amid recent controversies, such as the GameStop short squeeze, where retail investors could not access trading platforms during a time of high volatility. Debate has centered upon slow settlement cycles, inefficient price discovery, liquidity challenges, and a lack of trust in the assets. Wanton money printing in industrialized...

DeFi, DEX, Exchanges

Technicorum Holdings Announces Gennix NFTs with NFT Tier Rewards

The digital assets will be available for purchase to be used as collateral for loans and provide NFT owners with additional staking rewards and platform fee discounts SINGAPORE Aug 12 2021 (Blockchain Wire) — Technicorum Holdings, which has been incubating the innovative DeFi and NFT project KingSwap (https://www.kingswap.io/), today announced that its decentralized microlending platform, Gennix, will offer investors the opportunity to purchase and stake Gennix NFTs on the Rarible and OpenSea marketplaces. Until now, non-fungible tokens have been solely collectible digital assets; however, the Gennix protocol...

Blockchain, DeFi, NFTs, Press release