Decentralized finance

BRC20.com Integrates Portal to Open up DeFi on Bitcoin to Developers and Investors

Retrieved on: 
Tuesday, March 5, 2024

SAN FRANCISCO, March 5, 2024 /PRNewswire-PRWeb/ -- BRC20.com, a BRC-20 ecosystem launchpad, today announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping, to bring a host of DeFi features to crypto users beyond the Bitcoin community. The collaboration will allow BRC20.com to leverage Portal Swap SDK and integrate the Portal P2P decentralized exchange's (DEX) Layer 2 Atomic Swaps technology into their platform. For the first time, $.COM, BRC20.com's native token, will be seamlessly swappable with native BTC, Ether (ETH) and other cryptocurrency supported by the Portal DEX Network.

Key Points: 
  • The collaboration will allow BRC20.com to leverage Portal Swap SDK and integrate the Portal P2P decentralized exchange's (DEX) Layer 2 Atomic Swaps technology into their platform.
  • For the first time, $.COM, BRC20.com's native token, will be seamlessly swappable with native BTC, Ether (ETH) and other cryptocurrency supported by the Portal DEX Network.
  • "Our partnership with Portal represents a step towards fulfilling BRC20.com's and Portal's mutual vision of bringing the power of Bitcoin Defi to the masses while opening the door for both Bitcoin developers and investors to play a greater role in the Bitcoin DeFi revolution," said Farmer Joe, head of partnerships at BRC20.com.
  • "Through this integration, we hope to significantly improve the accessibility of .COM and other BRC-20 tokens, which will not only help developers who are building new dApps on the Bitcoin Network, but also open up new DeFi avenues to traders and investors."

OKX Ventures Announces Strategic Investment in Bitcoin Restaking Platform BounceBit

Retrieved on: 
Tuesday, March 5, 2024

SINGAPORE, March 5, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for March 5, 2024.

Key Points: 
  • SINGAPORE, March 5, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for March 5, 2024.
  • OKX Ventures , the investment arm of leading Web3 technology company OKX , today announced a strategic investment in BounceBit , a platform dedicated to building the infrastructure and offering solutions of Bitcoin (BTC) restaking.
  • BTC Restaking provides shared security to infrastructure and DApps on BounceBit - for instance, bridges and oracles will be validated by restaked BTC.
  • OKX Ventures Founder Dora Yue said: "BounceBit has redefined the value and applications of BTC.

Flash News: OKX DEX API Integrated by Leading DeFi Analytics Platform DEXTools

Retrieved on: 
Monday, March 4, 2024

SINGAPORE, March 4, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, has issued updates for March 4, 2024.

Key Points: 
  • SINGAPORE, March 4, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, has issued updates for March 4, 2024.
  • OKX DEX API has been successfully integrated by DEXTools , the leading DeFi analytics platform, bringing seamless trading capabilities, enhanced liquidity and optimal prices for all users.
  • OKX Ventures announced the investment in DEXTools last month, which aims to foster partnership between DEXTools and OKX Web3.
  • This integration of OKX DEX API marks one of the first steps of their partnership.

Flash News: OKX Launches Snap Quest Campaign with 5,000 USDT Reward Pool for Its New Snap Mode Powered by UniSwapX

Retrieved on: 
Monday, March 4, 2024

SINGAPORE, March 4, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, has issued updates for March 4, 2024.

Key Points: 
  • SINGAPORE, March 4, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, has issued updates for March 4, 2024.
  • OKX today announced a Snap Quest Campaign , in celebration of the launch of its new Snap Mode powered by UniSwapX.
  • Users who complete tasks including following OKX Web3 on social media and executing a swap transaction on OKX DEX using Snap Mode, can win a chance to claim a share in a prize pool worth 5,000 USDT.
  • OKX Snap Mode allows users to access optimal pricing and swap tokens on Ethereum quickly and intuitively without incurring any gas fees, creating more intuitive trading and comprehensive DeFi experiences.

Perp DEX SynFutures' V3 Goes Live on Blast, Launches Oyster Odyssey Points Program

Retrieved on: 
Friday, March 1, 2024

SINGAPORE, March 1, 2024 /PRNewswire/ -- SynFutures, a leading decentralized exchange for perpetual futures, today announced the launch of its new V3 platform for perpetual futures ("perps") on Blast mainnet, featuring a proprietary order book Automated Market Maker (oAMM). This fully onchain deployment seamlessly integrates the strengths of an order book and AMM model into a unified liquidity model, enhancing capital efficiency and operational simplicity that brings its usability closer to centralized exchanges.

Key Points: 
  • By recognizing the increasing DEX trading volume, suggestive of the start of its own bull run, SynFutures is making a strategic move to further enhance DEX user engagement.
  • SynFutures is announcing its "Oyster Odyssey" Points Program, a redeemable loyalty program determined to allot points for engagement of on-chain activity while also qualifying users for the upcoming Blast airdrop.
  • Decentralized exchanges (DEXs) have faced challenges in capturing the derivatives market, representing only
  • Recognizing the paramount importance of user protection and price stability, the Oyster AMM in SynFutures V3 further introduces an advanced financial risk management approach through a dynamic penalty fee system.

OKX First to Fully Incorporate Uniswap Labs API Into its DeFi Platform, Launches OKX DEX 'Snap' Trading Feature

Retrieved on: 
Thursday, February 29, 2024

The integration includes the launch of the 'Snap' trading mode feature on OKX DEX to aggregate Uniswap's industry-leading liquidity.

Key Points: 
  • The integration includes the launch of the 'Snap' trading mode feature on OKX DEX to aggregate Uniswap's industry-leading liquidity.
  • OKX DEX's 'Snap' trading mode feature allows users to swap tokens on Ethereum quickly and intuitively without incurring any gas fees.
  • The 'Snap' feature operates directly on the OKX DEX interface via Uniswap Lab's UniswapX protocol.
  • In addition to the Snap feature, OKX DEX also allows users to swap and bridge tokens via its 'Auto' trading mode feature.

OKX First to Fully Incorporate Uniswap Labs API Into its DeFi Platform, Launches OKX DEX 'Snap' Trading Feature

Retrieved on: 
Thursday, February 29, 2024

The integration includes the launch of the 'Snap' trading mode feature on OKX DEX to aggregate Uniswap's industry-leading liquidity.

Key Points: 
  • The integration includes the launch of the 'Snap' trading mode feature on OKX DEX to aggregate Uniswap's industry-leading liquidity.
  • OKX DEX's 'Snap' trading mode feature allows users to swap tokens on Ethereum quickly and intuitively without incurring any gas fees.
  • The 'Snap' feature operates directly on the OKX DEX interface via Uniswap Lab's UniswapX protocol.
  • In addition to the Snap feature, OKX DEX also allows users to swap and bridge tokens via its 'Auto' trading mode feature.

Flash Protocol Announces Integration of Portal Swaps to Make Native Bitcoin Assets Accessible Across Chains

Retrieved on: 
Thursday, February 29, 2024

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Flash Protocol, the premier platform for minting, trading and earning Bitcoin native assets, today announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping. Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol to allow users one-click, cross-chain trading of assets.

Key Points: 
  • Enabling one-click, cross-chain trading of assets, Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol.
  • SAN FRANCISCO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Flash Protocol , the premier platform for minting, trading and earning Bitcoin native assets, today announced a new integration with Portal , the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping.
  • Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol to allow users one-click, cross-chain trading of assets.
  • Through its integration with Portal, Flash Protocol's native token $FLASH will be supported by the Portal DEX Network.

Flash News: OKX Wallet Now Integrated with XRGB to Elevate Bitcoin Layer 2 Solutions

Retrieved on: 
Thursday, February 29, 2024

OKX Wallet is thrilled to announce its integration with XRGB , an innovator on the RGB network.

Key Points: 
  • OKX Wallet is thrilled to announce its integration with XRGB , an innovator on the RGB network.
  • This partnership aims to revolutionize the digital asset landscape by incorporating Bitcoin into Layer 2 solutions.
  • XRGB boasts the following cutting-edge features:
    XRGB 404: Facilitates bridging BRC20 & RGB20 to ERC404 on EVM chains, thus augmenting Bitcoin asset liquidity.
  • To access XRGB, OKX Wallet users need to download the OKX Wallet web extension (available as a Chrome and Firefox browser add-on), create a new OKX Wallet or add an existing one, and connect their OKX Wallet to XRGB via the web extension.

BounceBit Raises $6M in Seed Funding Round To Build Bitcoin Restaking Infrastructure

Retrieved on: 
Thursday, February 29, 2024

SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.

Key Points: 
  • SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.
  • "We're thrilled to lead the seed round for BounceBit as they're pushing the frontiers of BTC Restaking and yield generation," said Ted Breyer, Partner at Breyer Capital.
  • "Their expertise and support will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks."
  • BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin.