Pantera Capital, one of the first digital asset management firms in the United States, has received $600 million in its fourth venture round, with institutional investors such as pension funds, sovereign wealth funds, and endowments accounting for 75% of the money. The bulk of investment firms in the crypto sector may
Tag: defibytes
ECC Releases a Roadmap for the Coming Years, Unveils Plans to Migrate to a Proof of Stake Model
Digital Currency Group CEO Barry Silbert's tweets are known to ignite movements within the crypto space and spark new trends. Earlier this month, his tweet reportedly caused the price of crypto King Bitcoin to move past the $65,000 level for the first time since October. Barry's tweets hold much power within
UniLend Finance Releases the Name for its V2
Several crypto projects have shifted the Defi landscape in recent months, and UniLend is at the top of the list. UniLend is a permissionless, decentralized system that connects spot trading and money markets with lending and borrowing services through smart contracts. The platform made significant protocol updates and developed UniLend V2
Aave Protocol Set to Release V3; Here are things to note
The Aave protocol smart contracts (the "Aave Protocol") were initially deployed on the Ethereum mainnet in 2019. The Aave Protocol's first version allowed users to offer and obtain liquidity independently, as well as earn a return on any liquidity they gave to the protocol. A second version of the Aave Protocol
The Financial Action Task Force (FATF) has Released its Final Crypto Guideline, which Includes Clarifications on DeFi and NFTs
The FATF issued new guidelines governing NFTs and Defi, as well as virtual asset service providers, but several internet users were displeased with the inclusion of Defi and NFTs. Only a week after the FATF announced that the crypto guidance had been finalized, the anti-money laundering regulator revised it with
Near Protocol Raises the Bar with Its Announcement of $800 Million Funds
The world has begun to view the cryptocurrency space as more trustworthy than the fiat system, which is frequently unable to weather a recession or a pandemic, at the very least. This concern has led to the growing number of people who adopt cryptocurrency or indicate interest in learning about
Aave and Curve Launch on Avalanche
A few weeks ago, Avalanche announced the introduction of about $180 million liquidity mining incentive program, which would oversee the addition of more assets and applications to its increasing DeFi community. Avalanche Rush The program was tagged “Avalanche Rush” and was out to bring DeFi protocols Aave and Curve to launch on
TOKEN 2049 hits London with Scallop as Platinum Partner
The blockchain industry is growing, and there is a timely need to discuss the way forward due to the widespread adoption of cryptocurrencies globally. To this end, some of the best and leading voices within the crypto space are gathering in London for the TOKEN 2049 conference, which will be
Dolphin ($DLP) by CoinDolph
One of the main attractions of cryptocurrencies is passive income. Crypto investors can earn enormous interest and profits much more than traditional banking systems by simply holding crypto tokens. Also, holding cryptocurrencies reduces the volatility of the market, which in turn generates better yields. Dolphin by CoinDolph is one such platform
KuCoin lists MAHA token from MahaDAO
KuCoin, a popular cryptocurrency exchange, recently announced MahaDAO is joining the trading platform. MahaDAO is a decentralized autonomous organization that aims to bypass the cryptocurrency market's volatility using MAHA, its governance, and utility tokens. Recently, the token was listed on CoinGecko as well and had been trending the past few days.