Sturdy Finance, the first positive-sum decentralized farming fund, has announced the release of Sturdy 1.0 on December 20th, 2022. With the addition of an ETH market and a brand new UI, the update reflects the team's efforts to support the best yield farmers. Sturdy specializes in stablecoin lending, allowing users to consistently lever up their yields 10x when using LP tokens as collateral.
Connect Financial - a cryptocurrency financial Fintech platform, announces their crypto-backed credit cards are coming to the market. With more than 320 million people using cryptocurrency globally and an expected global adoption growth rate of 10% by 2030 for Bitcoin (BTC) alone, there is no denying that cryptocurrency is quickly moving towards mainstream acceptance.
ParaSpace launched a first-of-its-kind cross-margin lending platform today. With the recent rise in NFT lending and borrowing, users have seen an increased liquidation downtrend spiral, ParaSpace serves as a solution for users in the space. ParaSpace is founded by Yubo Ruan and backed by Sequoia Capital, CoinBase Ventures, Founders Fund and others. The platform leverages a cross-margin framework that enables a peer-to-pool lending system that enhances liquidity and capital efficiency.
Numen Cyber Technology, a Singapore-based cybersecurity company specializing in Web3 security solutions, recently announced that it is cooperating with Binance, the world’s leading blockchain ecosystem. As part of the technical cooperation, Numen will work with Binance to further bolster the security of the Binance ecosystem.
Fragments, the development company behind the Ampleforth protocol, announced today the launch of SPOT, an inflation-resistant store of value that can be used as peer-to-peer digital cash. Designed to solve the systemic risk of the crypto industry's over-reliance on centralized stablecoins and dollar substitutes in decentralized finance, Fragments developed SPOT to be a freely redeemable, non-custodial, stable asset that can safely wind down to zero users under stress without interventional bailouts. SPOT is built on Buttonwood, an Ethereum-based collection of smart contracts used for building DeFi protocols.
Enjin, the pioneer in metaverse and non-fungible tokens (NFTs), today launched Enjin Wallet 2.0, the major upgrade to its mobile blockchain wallet launched in 2018 and highly regarded for its security and ease of use. Enjin Wallet 2.0 facilitates user self-custody, increasingly crucial in today's market.
Leading blockchain-based climate tech startup, operated by YES WORLD Climate Tech Pte Ltd based out of Singapore, launches Utility services portal that supports thousands of merchants in over 80 countries worldwide. YES WORLD announced today to the global community members that YES WORLD Token is getting adoption worldwide and thousands of new holders of YES WORLD Token are seen every single day.
Reneum Institute, the clean energy crowdfunding platform built on the blockchain, has been selected as one of the grantees of the $1 Million Regenerative Finance (ReFi) Green Grants Program by Filecoin Green, the Protocol Labs initiative to decarbonize the Filecoin network and the greater Web3 ecosystem. Awarded $150,000, the funding will support Reneum's public launch in Q2 2023, allowing individual and corporate investors to truly catalyze the energy transition and create long-term climate action.
The Access Foundation is excited to announce that the world’s largest independent cryptocurrency data aggregator, CoinGecko will be joining Access Protocol as a launch partner. Users who stake in CoinGecko’s Access pool will receive access to Gecko Ramblings, a bi-weekly newsletter by CoinGecko research analysts covering projects, trends and topics of interest happening in the crypto space.
Fineqia International Inc.'s (the "Company" or "Fineqia") (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) analysis of Exchange Traded Products (ETPs) worldwide that have cryptocurrencies as underlying assets, revealed a 17% decrease in the Assets Under Management (AUM) value during the month of Nov., closely mirroring the 15% drop in the cryptocurrency market value during the same period.