Author: Antoinette Turner

London, United Kingdom, 12th July, 2021, Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10-million Series A funding round. Nexo aims to not only provide necessary funding but also to help Yield’s efforts to build DeFi native versions of traditional finance products. Nexo’s investment represents another important milestone on its strategic agenda. As the largest, retail-oriented lender in the digital asset space, Nexo pursues optimal operating and investment returns, but of equal importance to the company is the responsibility to invest ...

Tortola, British Virgin Islands, 9th July, 2021, OpenOcean, a pioneering DeFi & CeFi full aggregator that supports interoperability across multiple networks, is delighted to announce the aggregation of Polygon to expand its trading universe and offer users the best prices with low slippage. The decision to aggregate Polygon was influenced by the community. When OpenOcean asked its community which network they wanted to see aggregated next, a  staggering 48.7% of the 44K+ votes were for Polygon, far more than any other network. Commenting on Polygon aggregation, OpenOcean co-founder Cindy said: “We have come to learn that our DeFi users and traders have a strong preference for us to aggregate more open and powerful Ethereum-compatible blockchain networks that offer cheaper and faster t...

London, England, 7th July, 2021, Nafty, a DeFi ecosystem for the $97 billion adult industry, has officially launched the NAFTY token and three adult content platforms. Through its various platforms, Nafty aims to change the way adult creators sell their content and engage with their fans. Nafty has partnered with well-known adult stars to make their exclusive 18+ content available across its ecosystem.  So far, Nafty has launched four platforms: NaftyFans.com: A blockchain-based fanclub platform that offers lower fees, better payment solutions, and built-in marketing tools Nafty.tv: A subscription platform where adult content creators can charge a monthly/yearly fee for exclusive content NaftyArt.com: An NFT marketplace for adult creators and erotic artists. It gives creators access to a...

Dublin, Ireland, 6th July, 2021, Astra protocol, a revolutionary legal layer that brings unparalleled assurance to public blockchains, is excited to announce that the former European Commissioner for Trade, Phil Hogan, has joined its Advisory Board as an Executive Advisor. Phil has had an exceptionally successful political career. He brings a wealth of experience in international trade and relations. While serving as the European Commissioner for Trade, he was tasked by the President of European Union, Ursula von der Leyen, with the sensitive job of resolving the trade war with the United States. He was also responsible for negotiating investment deals with China, and securing the landmark trade deals with Japan and the South American Mercosur countries.  Phil Hogan will provide strategic...

London, England, 6th July, 2021, Nafty, a DeFi ecosystem for the $97 billion adult industry, is excited to announce that it has concluded the pre-sale of its NAFTY token.  More than 400 public investors lapped up all the NAFTY tokens available for pre-sale in less than 54 minutes on July 5th, 2021. Nafty had allocated 3 billion NAFTY tokens worth 1000 BNB for the pre-sale, which represented 3% of the total token supply. In USD, the investors contributed over $300,000 towards the success of the project. NAFTY is based on the Binance blockchain and will be available on Pancakeswap for trading starting tomorrow, 7th of July, 2021, at 12 PM EDT.  Investors can use the NAFTY token on platforms across the Nafty ecosystem to pay for content and services. Nafty has already launched four adult con...

Tortola, British Virgin Islands., 5th July, 2021, OpenOcean, a pioneering full aggregator that supports interoperability across multiple networks, is excited to announce a strategic investment by Huobi Ventures Blockchain Fund.  Following the investment, OpenOcean will work closely with the Huobi Global ecosystem to bring more innovative solutions connecting DeFi and CeFi. The new solutions will benefit users through higher capital efficiencies and profits from enhanced trading strategies. The Huobi investment comes on the heels of OpenOcean surpassing 200,000 active unique addresses with over 730,000 total transactions approximating $2 billion USDT in cumulative transaction volume since its launch in Q3, 2020. Huobi Ventures is a subsidiary of Huobi Group, the world’s leading blockchain ...

Hong Kong, Hong Kong, 3rd July, 2021, Formation Fi, the leading DeFi project that develops the next generation of yield farming protocol, is excited to announce the launch of its Early Adoption Program. After a very successful and oversubscribed presale, followed by the IDO on leading decentralized platforms, strong-hand holders of $FORM token are bracing up to enjoy extra juicy rewards. Since we want to incentivize organic growth of the ecosystem by conducting the fairest possible distribution, we launched our Early Adoption Program to ensure that all of our $FORM holders are taken care of ahead of ALPHA v1 Launch. Like we promised, the ALPHA v1 is still scheduled to be delivered in Q3. We have already kicked off Phase 1. First snapshot will take place on July 1st at 18:00 UTC — July 4th...

Vegas, Nevada, 1st July, 2021,  VEGAS GOLDEN KNIGHTS LAUNCH FIRST SERIES OF COLLECTIBLE NFTs FEATURING UNIQUE VGK-THEMED DESIGNS AND PREMIUM REDEEMABLES Seven one-of-one digital collectibles will be available via auction starting Thursday, July 1 at 9 am PT on Crypto.com/NFT  Vegas Golden Knights Chief Marketing Officer Brian Killingsworth announced today, July 1, that the team has launched their first series of collectible NFTs (non-fungible tokens). There is a limited run of only eight VGK NFTs in the inaugural batch, seven of which will be featured on Crypto.com/NFT in an auction based format for a limited time of only 48 hours, starting on July 1 at 9 a.m. PT. These seven NFTs up for auction will have premium physical redeemables tied to them as well.  In addition to the highly exclus...

New York, USA, 1st July, 2021, Avalanche-based lending and borrowing protocol BENQI,  and KUU, a decentralized liquidity underwriter for the Avalanche DeFi ecosystem, have announced a partnership to support BENQI’s on-chain liquidations. Additionally, KUU will be putting its under-utilized assets into BENQI to receive yield and maximize profitability. KUU provides reinforcing liquidity by offering flash loans using pooled liquidity on the protocol. Its name is derived from “Kuutar,” who is the Goddess of the moon in Finnish mythology. The decentralized liquidity underwriter allows on-chain keepers to efficiently capture on-chain profits and arbitrage opportunities through lending and borrowing market liquidations.  In the event of a market-wide flash crash, BENQI would require a large amo...

Tortola, British Virgin Islands, 30th June, 2021, TeraBlock, a cryptocurrency trade automation exchange, is excited to announce its partnership with Binance Cloud, an infrastructure solution for customers and partners to launch digital asset exchanges leveraging Binance’s industry-leading technology, security and liquidity.  Binance Cloud will be handling TeraBlock’s exchange technology development and maintenance, user registration, security and liquidity.This partnership enables TeraBlock to focus on its business development and operations. Also, TeraBlock will not struggle with liquidity issues, as many new exchanges experience. Partnering with Binance Cloud will bolster Terablock’s security infrastructure to ensure safe trading at all times. TeraBlock founder and CEO Shivam Tandon pre...