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Near Protocol has announced an $800 million fund to develop the DeFi ecosystem. FAFT has released an updated guidance paper on virtual asset service providers with a focus on DeFi and NFT sectors. QuickNode raises $35 million during its Series A funding round. ImmuneFi also raised $5.5 million in its latest funding round.  Near Protocol Announces an $800M fund to Develop ecosystem  Near Protocol, a smart contracts platform has decided to offer an $800 million fund which will be used for the advancement of its DeFi ecosystem. Also, the fund will provide incentives for creating products to the network's developers. …

With the advancement in the computing world, there has been a revolution in the world. A lot of conventional practices have been replaced by new and advanced mechanisms. One such example is the use of Defi coins. They are better known as decentralized finance, in this system, there is no central system governed by state authorities for monitoring. This system is based on the technology of blockchain. In this system, the currency that is available in the form of digital form is being generated and governed by the computer’s programs and related complex computing techniques. As this system is new…

Since its invention in 2016, Ethereum has become the most active and busiest blockchain network after years of repaid development. It is the undisputed NO.1 public chain in all perspectives, including richness of ecology applications, on-chain assets scale, token security and other core indicators.  In 2021, with the emerging of digital currency bull market in the past few months, the transaction frequency of digital currencies deployed in the Ethereum network increased massively, resulting in a significant increase in network usage, especially the bursting in DeFi area. This makes a desperate lack of the original throughput. For a long time, the…

The Reddit community is buzzing about a new public blockchain project called Thinkium, which has accumulated thousands of followers in less than a month since it was built. Many community members hold a confirmed and optimistic consensus on the development of Thinkium, that the omnipotent Thinkium will become the technology leader in the era of Web 3.0. According to community members, Thinkium's omnipotence is reflected in two aspects. First of all, Thinkium has integrated various technologies of Layer1 + Layer2 at the technical aspect, including layered and parallel sub-chains, homogeneous and heterogeneous cross-chains, sharding, EVM and asset bridge, etc. Theoretically,…

Moscow, Russia--ZILD Lending Protocol, which is a suite of decentralized protocols that support all sorts of ERC20 tokens lending, borrowing, and debt settlement capabilities, is about to launch on Bittrex. At present, there are more than 20,000 users on chain addresses who own the token. The lending protocol, which a prominent player in Decentralized Financial sector (DeFi), is slated to be launched on Bittrex, the world's fifth-largest exchange, on May 13. Zild Lending Protocol, which is due to go live on May 19, has been double-checked by the US audit firm Certik and the Chinese audit firm SlowMist. Zild, which has…

The world has witnessed the inexorable rise of DeFi decentralized finance from 2020. The trend tends to be increasingly strong and drives a lot of new business to come into being. Seeing from the data of loan, money management, and exchanges of Defi programs, Defi satisfies the real needs of many investors, which makes the data keep rising on the chain. At present, the amount of total lockups of Defi has surmounted 100 billion USD across the world. That is because the Defi has sprouted in the market of blockchain, the birth of Defi makes it possible for investors to…

From February 2021, NFTs have continued to heat up. Traditional giants including Christie’s auction house, NBA, and LEGO have deployed NFT scenarios, which can be seen as the best combination of traditional industries and blockchain technology. Then technical flaws are emerging with NFT popularity. In addition to liquidity of NFT, the storage of metadata is one of the biggest pain points. At present, the metadata of a large number of NFT works are stored in centralized off-chain servers that a server failure or data loss may cause instant disappearance of value of these NFTs. KAKLAB is a blockchain system developed…

e-Money Pioneering Blockchain Sectors First Interest Bearing Stablecoins AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of e-Money (NGM) with an APR of 17% on Mar 23 at 9:00 a.m. EDT. AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform. AscendEX aggregates users’ staking interest and delegates assets to trusted validators on their behalf. e-Money is a blockchain-based electronic payment system that aims to make digital money transfers more accessible to everyone. The e-Money platform processes transactions with currency-backed stablecoins…

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the launch of its staking service for DIVI token (DIVI) on March 9 at 9 am.  BitMax’s innovative staking product allows users to participate in staking and earn rewards directly on the platform.  Divi joins a growing portfolio of notable tokens including DOT, ATOM, and XTZ. BitMax will be receiving validator rewards of 20% APY by running a DIVI node which will be passed along to staking users. DIVI has enjoyed excellent growth year-on-year and 2021 is set to be an important year…

The Current Dilemma of the GAMI&How Does PIST Trust is the Relief? The asset management industry is undoubtedly one of the fastest growing areas in the global financial service industry; playing an important role in some aspects. i.e optimizing the allocation of financial resources, Improving the efficiency of the financial market, and promoting innovation in financial instruments. All these contributed over a long span of time. However this industry met with some challenges especially in the area of development, hitting almost a total waterloo in recent years. 2015 was such a year to forget for this industry in this regard.…

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Seascape Network under the trading pair of CWS/USDT on Feb 8 at 9:00 a.m. EST. Seascape Network aims to create an innovative game platform centered around the new and emerging DeFi and NFT economy. By avoidingremoving the hassle of high gaming costs on the blockchain, Seascape Network is dedicated to providing an incentivized ecosystem with easy-to-use DeFi toolsets that can potentially lead to mass adoption. Its Play to Earn experimental monetization concept provides dual incentives for users to play games for leisure…

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Nord Finance (NORD) under the trading pair of NORD/USDT on Jan 28 at 9:00 a.m. EST. Nord Finance is an advanced decentralized financial ecosystem that simplifies products by highlighting traditional finance's key attributes. Deployed on the Ethereum network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps. NORD, the native token of Nord Finance, can be used for voting, staking, and employing yield farming strategies across DeFi…

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Router Protocol (ROUTE) under the trading pair of ROUTE/USDT on Jan 19 at 9:00 a.m. EST. Router Protocol aims to build an infrastructure layer to aggregate liquidity across multiple chains. As opposed to Moonbeam and EdgeWare, smart contract platforms built on Polkadot, Router Protocol is dedicated to expanding the ecosystem to connect non-Polka blockchains like Matic, Bitcoin, Ethereum, etc. Its ROUTE token can be used as gas fees within the ecosystem and rewards for staking their liquidity provider (LP) tokens.  Router…

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the joint primary listing and auction of the Maps.me token (MAPS). The auction will begin on BitMax on January 26th, at 9:00 a.m. EST, and the listing will go live across BitMax, FTX, and Serum simultaneously on February 1st, at 9:00 a.m. EST. Maps.me aims to be the ultimate travel companion, offering online and offline maps while alongside decentralized financial services. With a userbase of over 100 million, the platform provides a wallet-oriented ecosystem providing payment services, accommodation booking services, fund transfers, and…