Category: Stablecoin

Equilibrium raises $2.5M to secure support for Polkadot parachain bid

Equilibrium raises $2.5M to secure support for Polkadot parachain bid

Major Polkadot ecosystem investors are backing the DeFi protocol. 5811 Total views 23 Total shares Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem. Heavy Polkadot backers like KR1, Signum Capital and Hypersphere Ventures joined Equilibrium’s round. Other participants […]

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Stablecoin reserves on crypto exchanges hit new historic high of $10B

Stablecoin reserves on crypto exchanges hit new historic high of $10B

Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC. 6972 Total views 31 Total shares Stablecoins like Tether (USDT) and USD Coin (USDC) have hit another milestone in terms of accumulation by exchanges. According to market data provider CryptoQuant, stablecoin holdings on global crypto exchanges soared to a new all-time high on […]

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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

Polychain Capital has bet on a new decentralized finance exchange protocol looking to boost the adoption of stablecoins in DeFi. 4814 Total views 20 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 […]

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Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure

Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure

Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch. 6055 Total views 16 Total shares The Diem Association is progressing towards launch with a new technical upgrade that reportedly allows more […]

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