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“# As market slumps, Ren bolsters DeFi liquidity via Fantom, Polygon integrations ” As digital asset markets suffer a broad pullback, cross-chain bridge protocol Ren has announced integrations with EMV-compatible chains Fantom and Polygon that could bolster liquidity across the DeFi ecosystem. In a blog post on Friday, Ren announced that the RenVM bridge now…
“# ‘Crypto will cause the next financial crisis’: Precious metals boss ” The CEO of precious metals royalty and streaming company Metalla Royalty & Streaming, Brett Heath has warned that crypto will “lead the charge into the next financial crisis.” Metalla Royalty & Streaming is a Canadian-based firm founded in 1983 and has a current…
“# VCs back Balancer with $24.25M investment ” The capital raise was led by Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital and Kain Warwick, the founder of DeFi protocol Synthetix. The funds will be used to strengthen Balancer’s role as a core infrastructure provider of the DeFi market. “By allowing for the…