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“# Cross-chain DeFi interoperability on the agenda as Ren joins Alameda ” Cross-chain bridge service Ren has announced that its development team will be joining Alameda according to a blog post by CEO Taiyang Zhang. As part of the announcement, Zhang revealed that the focus of the move is on enabling Solana (SOL) support on…
“# Pioneering Aussie engineer refinances home loan using DeFi in a single day ” A software engineer has taken decentralized finance to a new level of practicality, by paying off his mortgage with Commonwealth Bank of Australia and refinancing the loan through fixed-rate lending protocol Notional Finance. The move marks a major step for the…
“# LUNA doubles in price after $25 million investment by Galaxy Digital ” LUNA, the native coin of the Terra blockchain, shot up another 37% to $2.46 on heavy trading volumes today, continuing a parabolic climb that started in mid-November. The coin is currently up 100% in price since news broke one week ago that…
“# Interoperability will determine CBDC winners and losers ” China has opened testing for its digital yuan. The excitement surrounding this project has electrified several major Chinese cities, as well as onlookers throughout the world. Most recently, Shenzhen launched its “iShenzhen” lottery, wherein the city government will distribute 20 million digital yuan among 100,000 central…
“#Amazon reveals plans for next phase of Virginia headquarters” Amazon revealed plans Tuesday for the next phase of its headquarters redevelopment in Virginia, featuring a signature 350-foot helix-shaped office tower that can be climbed from the outside like a mountain hike. The head-turning helix building is the centerpiece of the proposal that also features multiple…
“# Kenetic co-founder purchases .NFT domain extension for $84K ” In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of “NFT” subdomains on the Handshake blockchain. According to Kenetic, Chu purchased the .NFT domain extension for 84,000 USD, or…
“# Brave browser active user base doubled in 2020, hits 25M per month ” Brave, the privacy-centric web browser built on Basic Attention Token (BAT), more than doubled the size of its user base over the course of 2020. The browser’s monthly active users increased from 11.6 million to 25.4 million, according to a recent…
“# OKEx to accelerate Bitcoin transactions with Lightning Network ” Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be integrated “in the coming quarter,” making OKEx a participant node in the Lightning Network….
“# Manta aims to bring a private decentralized exchange to Polkadot with $1.1M raise ” Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot. Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital,…
“# Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster ” Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the company in the wake of its response to the short squeeze on GameStop (GME). According to Fox Business Network’s Charles Gasparino,…