Decentralized finance

Liquid Meta Reports Q2 2023 Financial Results

Retrieved on: 
Friday, January 13, 2023

TORONTO, Jan. 13, 2023 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTCQB: LIQQF) a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced its financial results for the three-months ending November 30, 2022.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTCQB: LIQQF) a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced its financial results for the three-months ending November 30, 2022.
  • Liquid Meta had $4.9 M in total deposits on the FTX platform at the time of the 'bank-run'.
  • Liquid Meta is exploring all options to have any of its funds returned as part of the FTX bankruptcy process and will update investors on any developments.
  • This technology is designed to make on-chain operations simpler, safer, and more efficient for traditional financial institutions to access Web3.

HashCash Retains Its Position as the Top Blockchain Development Company in 2023

Retrieved on: 
Friday, January 13, 2023

PALO ALTO, Calif., Jan. 13, 2023 /PRNewswire-PRWeb/ -- International blockchain development company HashCash Consultants continues to deliver unparalleled excellence in practical blockchain solutions, winning recognition and accolades in several global business research listings focused on the technology domain. The US-based company has been featured prominently in the top position as a global blockchain development company in TechReviewer and TechResearcho.

Key Points: 
  • HashCash Consultants adds another achievement, standing as the top blockchain development company in 2023 across multiple global tech research listings.
  • PALO ALTO, Calif., Jan. 13, 2023 /PRNewswire-PRWeb/ -- International blockchain development company HashCash Consultants continues to deliver unparalleled excellence in practical blockchain solutions, winning recognition and accolades in several global business research listings focused on the technology domain.
  • The US-based company has been featured prominently in the top position as a global blockchain development company in TechReviewer and TechResearcho .
  • The company looks forward to earning further recognition for delivering blockchain solutions that benefit other organizations, and humanity as a whole.

Greenberg Traurig's Pallav Raghuvanshi to Speak at IBA London Finance and Capital Markets Conference

Retrieved on: 
Thursday, January 12, 2023

NEW YORK, Jan. 12, 2023 /PRNewswire-PRWeb/ -- Pallav Raghuvanshi, shareholder in global law firm Greenberg Traurig, LLP's Tax Practice, will speak at the International Bar Association's (IBA) 12th Annual London Finance and Capital Markets Conference Jan. 16-17 at One Great George Street in London.

Key Points: 
  • Pallav Raghuvanshi, shareholder in global law firm Greenberg Traurig, LLP's Tax Practice, will speak at the International Bar Association's (IBA) 12th Annual London Finance and Capital Markets Conference Jan. 16-17 at One Great George Street in London.
  • NEW YORK, Jan. 12, 2023 /PRNewswire-PRWeb/ -- Pallav Raghuvanshi , shareholder in global law firm Greenberg Traurig, LLP 's Tax Practice , will speak at the International Bar Association's (IBA) 12th Annual London Finance and Capital Markets Conference Jan. 16-17 at One Great George Street in London.
  • Raghuvanshi's panel is titled "Decentralized Finance: How blockchain-based finance works and how it is treated for tax purposes."
  • Raghuvanshi counsels clients across a broad range of industries, including blockchain, banking and financial services, gaming, technology, retail, media, and entertainment, among other areas.

Foresight Ventures Invests $15M in Leading Market Maker CyberX in Strategic Series A+

Retrieved on: 
Thursday, January 12, 2023

SINGAPORE, Jan. 12, 2023 /PRNewswire-PRWeb/ -- CyberX, a leading market maker for digital assets, announced the completion of a $15M Series A+ funding round from Foresight Ventures.

Key Points: 
  • Foresight Ventures invests in CyberX to support the digital asset trading technology firm in scaling its infrastructure, liquidity network, and operations.
  • SINGAPORE, Jan. 12, 2023 /PRNewswire-PRWeb/ -- CyberX , a leading market maker for digital assets, announced the completion of a $15M Series A+ funding round from Foresight Ventures .
  • It is pivotal to have experienced market makers like CyberX to retain market efficiency," said Forest Bai, CEO of Foresight Ventures.
  • Our infrastructure is robust and has been proven to be successful in coping with a variety of long-tail risks under extreme market conditions.

Decentralized Lending Protocol Flux Finance Launches, Looks to Support Tokenized US Treasuries from Ondo Finance

Retrieved on: 
Thursday, January 12, 2023

ROAD TOWN, British Virgin Islands, Jan. 12, 2023 /PRNewswire/ -- Flux Finance ( https://fluxfinance.com/ ) is releasing a decentralized lending protocol that can support both permissionless cryptoassets as well as tokenized securities with transfer restrictions.

Key Points: 
  • ROAD TOWN, British Virgin Islands, Jan. 12, 2023 /PRNewswire/ -- Flux Finance ( https://fluxfinance.com/ ) is releasing a decentralized lending protocol that can support both permissionless cryptoassets as well as tokenized securities with transfer restrictions.
  • Flux Finance follows a peer-to-pool model and is designed to always quote a lend and borrow rate, ensuring constant liquidity.
  • Ondo Finance also developed the ONDO tokens, which will be used to govern Flux Finance.
  • One pending proposal includes support for the stablecoins USDC and DAI, as well as for OUSG, a tokenized exposure to U.S. Treasuries recently launched by Ondo Finance .

Decentralized Lending Protocol Flux Finance Launches, Looks to Support Tokenized US Treasuries from Ondo Finance

Retrieved on: 
Thursday, January 12, 2023

ROAD TOWN, British Virgin Islands, Jan. 12, 2023 /PRNewswire/ -- Flux Finance ( https://fluxfinance.com/ ) is releasing a decentralized lending protocol that can support both permissionless cryptoassets as well as tokenized securities with transfer restrictions.

Key Points: 
  • ROAD TOWN, British Virgin Islands, Jan. 12, 2023 /PRNewswire/ -- Flux Finance ( https://fluxfinance.com/ ) is releasing a decentralized lending protocol that can support both permissionless cryptoassets as well as tokenized securities with transfer restrictions.
  • Flux Finance follows a peer-to-pool model and is designed to always quote a lend and borrow rate, ensuring constant liquidity.
  • Ondo Finance also developed the ONDO tokens, which will be used to govern Flux Finance.
  • One pending proposal includes support for the stablecoins USDC and DAI, as well as for OUSG, a tokenized exposure to U.S. Treasuries recently launched by Ondo Finance .

Moonstake Now Supports Staking of Avalanche (AVAX)

Retrieved on: 
Thursday, February 2, 2023

SINGAPORE, Feb 2, 2023 - (ACN Newswire) - Moonstake is pleased to announce that our users can now earn interest from the staking coin AVAX of Avalanche network.

Key Points: 
  • SINGAPORE, Feb 2, 2023 - (ACN Newswire) - Moonstake is pleased to announce that our users can now earn interest from the staking coin AVAX of Avalanche network.
  • Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia.
  • Today, Moonstake is a recognized top 10 staking provider in the world and a Verified Provider of the VPP family of the leading staking data aggregator, Staking Rewards.
  • From the Staking tab, click the "Stake" button and enter your staking amount (must be more than 25 AVAX).

Coinsilium Group Limited: Web3 Crypto Investment Portfolio Update

Retrieved on: 
Thursday, February 2, 2023

London UK, 02 February 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its portfolio of Web3 Crypto Investments.

Key Points: 
  • London UK, 02 February 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its portfolio of Web3 Crypto Investments.
  • Over the course of 2022, Coinsilium deployed the equivalent of USD575,000 from its crypto treasury reserves to invest into several pre-seed and seed-stage Web3 focused ventures in the DeFi, Metaverse, Crypto Trading, Play and Earn Gaming, and Fashion space.
  • These Web3 ventures are aiming to issue a utility token at a future stage through a Token Generation Event (“TGE”).
  • Whilst Coinsilium’s crypto portfolio has historically been denominated mainly in BTC and ETH, given the marked improvement in market conditions, we will now be looking to diversify our crypto allocation on a selective basis.

Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Retrieved on: 
Thursday, February 2, 2023

Launching in two stages, Beta 0.3.0 introduces a variety of new features, as well as improvements and fixes of existing functionalities.

Key Points: 
  • Launching in two stages, Beta 0.3.0 introduces a variety of new features, as well as improvements and fixes of existing functionalities.
  • From now on, Early Users will get privileged access to all major protocol updates in the future (beginning from Beta 0.3.0).
  • As the first and the most important, Primex now deploys to two new blockchains: the Polygon Mumbai and Polygon zkEVM testnets.
  • Consequently, users can now test Primex by trading and lending digital assets on DEXs across four different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet).

Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability

Retrieved on: 
Thursday, February 2, 2023

Kava is a decentralized layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

Key Points: 
  • Kava is a decentralized layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.
  • Kava has spent the last year building a deep integration with Coinbase that optimizes the process for Cosmos SDK chains to integrate with Coinbase helping to drive new liquidity to the Cosmos ecosystem.
  • Coinbase's native integration with Kava allows for easy listing of Kava ecosystem projects, KAVA staking on Coinbase, and unlocks DeFi usage for Coinbase users on Kava.
  • The entire process whittles the timeline for integrating Cosmos SDK chains to Coinbase from 12-18 months to a single month.