Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3

Indian crypto exchange CoinDCX has launched Okto, a Decentralised Finance (DeFi) mobile app, Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk.

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DeFi App Sells $830,000 in NFTs to Fight $10 Lawsuit Guy

The DeFi savings app PoolTogether has raised over $830,000 in five days through an NFT sale to crowdfund its legal defense against a man who deposited $10 into the protocol...

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Yield App CEO: DeFi is dead; long live DeFi

Yield App CEO Tim Frost says the slump witnessed in the decentralised finance (DeFi) token market points to the ‘death’ of DeFi. But this is actually a good thing to have happened, he notes, highlighting recent price reactions to the exit of two iconic DeFi developers from the sector as the watershed moment the industry […] The post Yield App CEO: DeFi is dead; long live DeFi appeared first on Invezz.

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You can now trade FAANG stocks on Ethereum DeFi app Synthetix

Synthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement. The post You can now trade FAANG stocks on Ethereum DeFi app Synthetix appeared first on CryptoSlate.

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Web-based YIELD App looks to tackle DeFi's 'inherent complexity'

YIELD App launched the public beta of its web platform Friday. Its target audience is retail investors looking for easy exposure to DeFi.

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DeFi Platform Celo Raises $20M in New Funding Round, Launches Payment App Valora

Continue reading at Coinspeaker

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WalletConnect Integrated With Ledger Live: Stage Set for DeFi on Mobile

Ledger is excited to announce that WalletConnect, an open-source protocol used to securely connect mobile wallets to decentralized applications (dApps) has now been integrated within the Ledger Live mobile app.

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ICONFi launches DeFI savings platform for iOS and Android

CryptoNinjas » ICONFi launches DeFI savings platform for iOS and Android ICONFi, a solution for staking ICON blockchain cryptocurrency, ICX, also allowing users to earn interest on other assets including BTC, ETH, and USDT, announced the launch of its mobile app on iOS and Android.

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r/Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene?

Was stock trading app Robinhood the villain in the GameStop saga? “In a decentralized trading market, no one would have that power.”

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Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users

Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%. The post Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users appeared first on CryptoSlate.

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MEW now provides access to 2000 DeFi and NFT DApps on mobile

Striving to become Ethereum’s DApp hub, MyEtherWallet users can now search for and access the entire suite of Ethereum DApps within their MEW app.

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Crypto investment app YIELD to integrate with Chainlink

CryptoNinjas » Crypto investment app YIELD to integrate with Chainlink Soon-to-be-launched DeFi platform, YIELD App, today announced that it will integrate Chainlink, the decentralized oracle provider, into its protocol to provide accurate, up-to-date, tamper-proof prices on assets offered within the platform.

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YIELD App expands its DeFi banking solution to Avalanche blockchain

YIELD App, an app and web platform that enables users to earn high returns from DeFi products, today announced its expansion to Avalanche, an open-source platform for launching decentralized finance applications and enterprise blockchain deployments.

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DeFi assets DAI and WBTC added to the BitPay Wallet app

BitPay, a provider of bitcoin and cryptocurrency payment services, today announced the integration of WalletConnect into the BitPay Wallet app. BitPay Wallet app users have direct access to the decentralized exchange, decentralized games, and all that the evolving Decentralized Finance (DeFi) space has to offer.

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Maps.me Raises $50 Million Funding Led by Alameda Research

Offline mapping app Maps. me has raised $50 million in a funding round led by quantitative trading firm Alameda Research. The funding was launched with the goal of creating a DeFi ecosystem within the map app.

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Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

The funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem.

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Offline Travel App Maps.Me Raises $50M in Funding Round Led by Alameda Research

The funding will go toward the launch of a multi-currency wallet on Maps.me, enabling decentralized finance (DeFi) features for 140 million users.

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Drag & drop DeFi strategy app Furucombo raises $1.85M in seed funding

Furucombo, a drag and drop tool built for end-users to optimize their DeFi strategy, announced today it has raised $1.85 million in seed funding. Backers include: SevenX Ventures, Defiance Capital, 1kx, Multicoin Capital, DeFi Capital, BTC12 Capital, Stani Kulechov, Ronald Yu, amongst many others Funds raised will be used to expand its core team and […] CryptoNinjas » Drag & drop DeFi strategy app Furucombo raises $1.85M in seed funding

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DeFi Money Lego App Furucombo Lands $1.85M Investment Ahead of Token Launch

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Polkadot-Based DeFi Insurance App Raises $1.95M Led by KR1

Tidal will use the Polkadot blockchain to allow users to insure a set of DeFi applications against smart-contract failure or breaches.

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This DeFi app based on Ethereum just stole $12 million from its users

The Ethereum decentralized finance (DeFi) space was just hit with a “rug pull,” with unknown developer(s) dragging in $12 million in what seems to be the biggest ostensible scam in recent weeks.

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Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis

With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts. The post Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis appeared first on CryptoSlate.

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DeFi Trading App Dharma Now Connects Directly to US Bank Accounts

The startup for trading in decentralized finance (DeFi), Dharma, has now enabled automated clearing house (ACH) purchases in 13 U.S. states.

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MetaMask Launches A ‘Token Swap’ Feature In the Battle For A Share of the DeFi Market

MetaMask, the ConsenSys backed Ethereum app, introduces a token swap feature, promising the best trading fees in the decentralized finance (DeFi) ecosystem. This aims to take a share of the market from the prevailing decentralized exchanges which used Metamask connection to transfer funds to the trading wallet.

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MetaMask Active Monthly Users Grow 400% Thanks to Mobile App And ‘DeFi Revolution’

With a growth of more than 400% in the last year, crypto wallet MetaMask has reached the milestone of one million monthly active users on both mobile and desktop apps combined. According to Talia Knowles-Rivas, Head of Marketing, Developer and Consumer Products at ConsenSys, the recent launch of MetaMask Mobile played an “important role” in […] The post MetaMask Active Monthly Users Grow 400% Thanks to Mobile App And 'DeFi Revolution' first appeared on BitcoinExchangeGuide.

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DeFi is spreading beyond Ethereum: Single Neo app gains $300m after launch

Thus far, decentralized finance (DeFi) has been a trend relegated to Ethereum—and Ethereum only. The post DeFi is spreading beyond Ethereum: Single Neo app gains $300m after launch appeared first on CryptoSlate.

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Hype is growing about the “v3” upgrade for Ethereum DeFi’s leading app, Uniswap

Hands down, Uniswap is one of the most important decentralized apps on Ethereum. The post Hype is growing about the “v3” upgrade for Ethereum DeFi’s leading app, Uniswap appeared first on CryptoSlate.

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Polkadot (DOT) Integrates Bluzelle’s Decentralized Data Oracles To Boost DeFi App Development

According to a release on Medium, Bluzelle aims to bring “distributed storage capabilities” to projects building dApps on Polkadot ranging from decentralized finance dApps to gaming applications. The partnership between the two blockchain firms aims at directly taking up market share on the burgeoning DeFi apps market.

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DeFi app overview: How to navigate crypto’s new finance wave

With DeFi platforms bringing in profits for users, jumping onto this wagon seems to be highly attractive. But how easy is it to do?

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Apple Censors Some Cryptocurrency and Defi Features of Coinbase App

Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps.

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Coinbase Chief Calls Out App Store for Anti-Crypto Policies

Coinbase founder Brian Armstrong has come out with a strong public criticism of Apple for its App Store policies, which prevent the app from enabling users to earn cryptocurrency and access DeFi apps.

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Coinbase CEO Calls Out Apple For Biased Apple Store Cryptocurrency Restrictions

Coinbase CEO Brian Armstrong has spoken out about Apple’s strict policy against cryptocurrency and DeFi applications on its App Store. Apple is currently under hot criticism from the gaming industry following the delisting of its most popular gaming app Fortnite.

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Apple is Censoring DeFi & ‘Stifling Innovation’ in Crypto Industry: Coinbase CEO

Apple having a row with developers and app providers is nothing new, but the tech giant seems to be especially targeting the cryptocurrency industry. Last month, Epic games and Apple got into a legal battle when the Fortnite creator launched its own in-app payment system, which also involved the use of bitcoin and cryptos, to […] The post Apple is Censoring DeFi & 'Stifling Innovation' in Crypto Industry: Coinbase CEO first appeared on BitcoinExchangeGuide.

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Crypto yield farming app SpaceSwap set to launch

The SpaceSwap DeFi protocol is set to be released on September 10th to offer crypto liquidity providers a new profitable form of yield farming and unite all major DeFi protocols via an all-in-one SpaceSwap Station.

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Chainlink oracles to be deployed on privacy-centric DeFi app

The Oasis Foundation, an organization supporting the development of the Oasis Network and its ecosystem, will integrate Chainlink’s market-leading decentralized oracles to enable support for Decentralized Finance (DeFi), and various other privacy-focused blockchain dApps built on the Oasis Network, it said in a release shared with CryptoSlate.

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Not So DeFi: Curve (CRV) Founder Takes Over 71% of Platform’s Governance DAO

The founder of DeFi platform Curve, a decentralized liquidity pool, took over 70% of the network’s voting power over the weekend. His move came as Yearn. finance, the yield farming app, attained over 58% of the voting power on the network.

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Is DeFi’s Total Value Locked (TVL) The Best Way To Measure Market Growth: DappRadar Report

In a report published on Wednesday, DappRadar, a decentralized app (dApp) aggregator, stated that the DeFi growth could be significantly overstated. The foremost DeFi metric is the total value locked (TVL), which measures the amount borrowed to amount deposited on lending DeFi protocols and the liquidity provided on decentralized exchanges (DEX). According to DeFi Pulse, […]

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Qtum Foundation Opens Up A $1 Million DeFi Fund to Lure App Developers Away From Rival Ethereum

Qtum Foundation announced on Monday that it would rolling out a DeFi fund worth $1 million as part of its effort to accelerate on-chain development within its smart contract ecosystem. The company’s founder, Peter Dai, further highlighted that the fund could be bootstrapped up to $5 million depending on the underlying needs of the Qtum […]

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DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange

Aave has announced the launch of the Credit Delegation (CD) facility last month, which aims to increase liquidity on the platform and ease capital movements across the DeFi ecosystem. This aims to open up the DeFi ecosystem to traditional markets allowing direct lending and saving to millions of people across the globe. The CD system […]

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Swipe launches new Defi app and governance token for the Binance chain

Swipe, a digital asset wallet and debit card platform, has just announced that it will soon be launching a decentralized lending and borrowing application on the Binance smart chain platform.

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You Can Now Trade Uniswap-Listed Tokens on DeFi App Dharma

Dharma Protocol is giving dApps and centralized crypto-exchanges a run for their money: By allowing all Uniswap listed assets to trade on its platform, reported Coindesk on Thursday. Trade 2,000 tokens on Dharma Investors and crypto fanatics can now trade all Uniswap listed tokens on the Dharma app, the Coinbase-backed decentralized finance startup said Thursday.

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Elrond Mainnet Launches Today After Testnet Hits 260,000 Transactions per Second

The Elrond mainnet is launching today with a new DeFi app and staking opportunities.

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DeFi App, Aave, Releases Aavenomics Upgrade as It Prepares to Launch Its Governance Token

Aave, the Ethereum based DeFi protocol, has released a tokenomics upgrade proposal dubbed ‘Aavenomics’ that will define its shift to a more decentralized governance ecosystem. The firm announced this milestone on July 29 via a medium blog, noting that it is another exciting phase for Aave.

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VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More

Crypto media outlet Visionary Financial plans to launch a first to market non-custodial, and decentralized  investment platform that will finally let investors diversify in one place. The protocol, “VF Invest” plans to revolutionize user experience, giving users the ability to diversify in individual cryptocurrencies and sector portfolios in seconds, while having complete control over their […] The post VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More appeared first on NullTX.

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DeFi Lending App, Aave Protocol, Raises $3 Million Through LEND Token Sale

In an announcement on Wednesday, confirms a $3 million investment in Aave Protocol, the third-largest DeFi app in total locked value. Framework Ventures and Three Arrows Capital directly purchased LEND tokens from the Aave Protocol Treasury, showing increasing interest from institutional investors in the DeFi industry.

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DeFi App Growth Boosts Total Transactions On DApp Blockchains By $4.5B In Q2 2020: DAppRadar Report

In a report by DApp Radar, the total transactional volume on DApps touched the $12 billion mark in Q2 2020, representing a $4. 5 billion increase from Q1 2020. Ethereum (ETH) continues to dominate the decentralized application (DApp) industry attracting a value of $11 billion across Q2 2020.

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A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App

Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks. The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1. 65 billion, 65% higher than this metric was just 12 days ago.

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Betting against Compound? This DeFi app just made it possible with COMP options

Compound’s (COMP) meteoric rise is equal parts FOMO and illiquid price pushing, with industry observers drawing parallels with the infamous ICO boom of 2017. The post Betting against Compound? This DeFi app just made it possible with COMP options appeared first on CryptoSlate.

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DeFi’ing the Odds; Celsius Network Reports Over $1 Billion Cryptocurrency Deposits

In a press release issued on June 4, 2020, decentralized finance (DeFi) platform crypto interest-earning platform Celsius Network announced that it had surpassed over $1 billion in total cryptocurrency deposits in less than two years after launch its mobile app.

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