Concordium and Frontier Multi-Chain Wallet Announce Partnership

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...

Glitch Finance will hotfix DeFi’s GLITCH

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...

Payment leader Wirex Launches Crypto-Backed Credit

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...

Unifi to launch upgrade for DeFi ecosystem

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...

KuCoin Partnered with Pyth Network

The global cryptocurrency exchange KuCoin announced that it is strategically partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed to provide trusted and verifiable market data to decentralized applications. With the partnership, KuCoin will provide real-time prices of trading pairs listed on KuCoin to Pyth network, bringing crypto market prices fully on-chain. Pyth network is a leading player in the DeFi ecosystem, having built one of the largest and most reliable...

Wormhole Launches New Algorand Portal

Wormhole (https://wormholenetwork.com/), the generic cross-chain messaging protocol, announced today it has launched support for Algorand, a pure Proof-of-Stake (PPoS) blockchain with an extremely robust decentralized finance (DeFi) ecosystem. Now, developers can leverage the Wormhole SDK to build decentralized applications (dApps) and protocols that can move value seamlessly across nine major blockchain networks without fees. The Wormhole protocol underpins the cross-chain Portal Bridge (https://portalbridge.com) for Layer 1 and Layer 2 blockchains including Algorand, Avalanche, Binance Smart Chain, Ethereum,...

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