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“# Polkadot and Cosmos connect as Plasm and Secret Network release bridge MVP ” Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol. The bridge, deployed on Tuesday on Plasm’s testnet, allows…
“# DeFi tracker Step Finance raises $2M from Solana ecosystem investors ” Step Finance, a Solana-native decentralized finance protocol, announced the completion of a private token sale for $2 million, which will help build and develop its platform. The round, disclosed on Tuesday, saw participation from notable Solana backers including Alameda Research, the hedge fund…
“# dHEDGE launches tokenized index tracking its top 10-ranked traders ” Decentralized fund management platform dHEDGE has launched a tokenized index that tracks its top-ranked traders. An ERC-20 token will also be issued for the index on automated market maker DEXes in futur. dHEDGE allows fund managers to launch actively managed investment pools powered by synthetic…
“# The biggest event in crypto this week ISN’T Coinbase’s IPO: Erik Voorhees ” ShapeShift CEO and crypto industry stalwart, Erik Voorhees, has suggested the launch of Thorchain is arguably the biggest event in crypto this week. And considering all eyes in crypto are on the direct listing of major US exchange Coinbase on the…
“# Blockchain and Booze: The future of DeFi on Ethereum is now ” On the latest episode of Blockchain and Booze, Draper Gorem Holm’s Adam Levy sits down with three leaders in the blockchain industry to talk about layer-two solutions on the Ethereum network. Levy is joined by Stani Kulechov of Aave, Jack O’Holleran of…
“# Major Thai bank experimenting with decentralized finance ” Kasikornbank, or KBank, one of Thailand’s largest banks has begun experimenting with DeFi services as part of its business expansion plan. According to a report by Bangkok Post, the bank’s DeFi exploration is being spearheaded by Kbank’s tech subsidiary Kasikorn Business Technology Group, or KBTG. Commenting…
“# Keep Network unveils v2 specs for tBTC protocol ” The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC. In an April 11 blog post, Keep Network developer, Evandro Saturnino, outlined several changes the protocol is considering to address it’s past issues with collateralization. tBTC’s second iteration…
“# Binance Coin (BNB) market cap passes Santander and UBS — What’s next? ” 2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%. One of the primary drivers of BNB’s growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart…
“# Anchoring the worlds with flexible and high-performance on-chain governance ” With adoption accelerating, blockchain’s potential to transform life in every way — from how business is conducted to labor division, operating systems and methods of collaboration — comes closer to fruition every day. If blockchain is the foundation to a truly digital model, then…
“# VC funds bullish on crypto, increase investment in blockchain startups ” Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020. Indeed, three companies in the market attracted…