DeFi - FinTecBuzz

USDT0 Integrated on Sei, Unlocking Unified Stablecoin Liquidity

April 15, 20253 min

Sei Foundation, the independent organization dedicated to the governance of the Sei protocol, today announces the integration of USDT0, the unified liquidity network for USDT, on Sei, a Layer 1 blockchain that combines the benefits of Ethereum with the speed of Solana. This native deployment brings deep, unified, stablecoin liquidity to Sei’s growing ecosystem. The integration enables users and developers of the Sei Network to access stable, capital-efficient liquidity for trading, lending, payments, and cross-chain transactions. “The integration...

by PRNewswire

Crypto Currencies

COCA, Ramp Partner to Expand Crypto Access for 330M Americans

March 13, 20258 min

COCA, the next-generation crypto wallet designed with security and simplicity, has announced its strategic partnership with Ramp Network, a leading fiat-to-crypto on-ramp provider. This collaboration marks COCA’s official entry into the U.S. market, enabling millions of Americans to purchase cryptocurrency at market-leading rates and securely store it using Multi-Party Computation (MPC) technology. As a special launch bonus, U.S. users who purchase crypto through COCA Wallet will receive 3% cashback in COCA tokens, rewarding early adopters with even more value. Empowering U.S. Users with Secure,...

by GlobeNewswire

Crypto Currencies

xPortal Acquires Alphalink to Lead AI and Crypto Innovation

January 28, 20256 min

xPortal, the AI-powered DeFi super-app, has acquired Alphalink, a Berlin-based Web3 startup recognized for delivering delightfully simple crypto experiences through its mobile app. The acquisition marks a major milestone in xPortal’s goal to simplify crypto and financial investing. With over 2.5 million users and a 4.8-star rating from 70K+ app store reviews, xPortal combines crypto, real-world functionality, and AI into a single, user-friendly mobile app. xPortal launched in 2023 as the wallet for the MultiversX blockchain...

by PRNewswire

Platforms

ARMswap Launches its DeFi Platform

January 14, 20254 min

The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges. Simplifying Cross-Chain Transactions “The fragmentation...

by PRNewswire

Platforms

Concordium and Frontier Multi-Chain Wallet Announce Partnership

February 2, 20236 min

Concordium blockchain announces that it will be integrated with advanced non-custodial wallet Frontier, enabling the staking and delegation of Concordium’s native token, CCD, on the platform. Available on mobile across both Android and iOS, and on web as a browser extension, Frontier is a multi-chain crypto & NFT wallet with DeFi aggregation capabilities on a mission to make DeFi, simple, secure, and mobile. Frontier’s mission is to make DeFi simple, secure and mobile. Hence it...

by BusinessWire

Compliance & Scoring

Quadrata Brings Digital Identity to DeFi Through Partnerships

January 30, 20235 min

Partners will utilize Quadrata’s passport network to keep bad actors off their platforms, provide a streamlined KYC process and unlock capital efficiency for its users

by GlobeNewswire

Security

Glitch Finance will hotfix DeFi’s GLITCH

September 27, 20227 min

Decentralized finance (DeFi) is an accelerating industry filled with potential. It has given us all the reason to be hopeful for a permissionless future. Even though innovation occurs daily, we as individuals still haven’t solved the blockchain trilemma plaguing the industry today: security, scalability, and decentralization. Most of us know the restrictions of a centralized financial system. Due to complicated interfaces, lack of industry knowledge, and pressures from external governments and macro market environments, the...

by PRNewswire

Blockchain

VCs under the top 2 banks in Thailand invest in Forward DeFi

September 12, 20226 min

Venture capital arms under 2 leading Thai banks, Kasikornbank PCL (SET: KBANK) and Bank of Ayudhya PCL (SET: BAY) participate in the funding round to support the innovation of Decentralized Finance (DeFi).

by PRNewswire

Payments

Payment leader Wirex Launches Crypto-Backed Credit

July 5, 20226 min

Wirex, the leading payments platform, has launched Wirex Credit, offering highly competitive interest rates and no origination fee for crypto-backed loans. Users can easily borrow up to $100,000 in stablecoins, with a loan to value (LTV) of up to 80% within the Wirex app. Crypto loans have become hugely popular in recent months due to their advantages over traditional loans. Wirex’s core aim is to bring the benefits of DeFi to the mass market, and Wirex Credit...

by BusinessWire

Blockchain

Unifi to launch upgrade for DeFi ecosystem

June 8, 20223 min

Unifi Protocol DAO is set to launch a massive upgrade to their sustainable and decentralized finance (DeFi) ecosystem. Unifi’s blockchain products were first introduced in 2020, and have since expanded to include more services such as trading (uTrade), staking (uStake), and recently the addition of a cross-chain bridging solution (uBridge). With roughly $11.5M locked in the Unifi Protocol ecosystem, Unifi stated in their infrastructure improvement proposal that much of that value is currently being under-utilized. The upgrade will see major changes...

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