Latest DeFi News: Finextra Research

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

21 September 2021

Company update/crypto

Bybit Launchpad debuts with BIT token listing

Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.

17 September 2021

Company update/startups

Scallop prepares to launch DeFi-powered banking app

Scallop, the world's first DeFi-powered banking app with integrated DeFi-powered accounts, is formalizing plans for launch in the EU and UK markets in late October 2021, with international expansion plans to follow.

08 September 2021

News/sustainable

Hedera Hashgraph beats DLT competitors on energy consumption

A research report by University College London (UCL) has examined the varying environmental impacts of six different distributed ledger technologies (DLT), finding that Hedera Hashgraph boasts the lowest overall energy consumption of the group.

08 September 2021

Company update/wholesale

Greengage recieves second institutional investment

Greengage Global Holding Ltd ("Greengage"), a UK registered company, which plans to become the first digital merchant bank via its wholly owned Gibraltar subsidiary Greengage & Co. Ltd, today announced that it has received a second institutional investment, in addition to its recent £2.5m investment from IOVLabs. Greengage & Co. Ltd is currently engaged in the regulatory approval process with the Gibraltar Financial Services Commission (“GFSC”) to receive a Gibraltar banking licence.

08 September 2021

News/crypto

El Salvador becomes first country to accept Bitcoin as legal tender

The central American nation today sets a world-first as it adopts the cryptocurrency for use across all goods and services – even taxes.

07 September 2021

Company update/crypto

Celo launches $100m fund to support DeFi adoption

Today, a consortium of leading Ethereum decentralized finance (DeFi) protocols and projects announced DeFi for the People, a collaboration of global crypto organizations united by a common goal: bringing DeFi to the 6 billion smartphone users around the world.

30 August 2021

Company update/markets

Bloomberg launches DeFi Index

Bloomberg, along with Galaxy Digital, today announced the expansion of its crypto offering with the launch of the Bloomberg Galaxy DeFi Index (ticker: DEFI).

19 August 2021

News/payments

LSE joins Hedera Hashgraph Governing Council

The London School of Economics and Political Science (LSE) was today announced as the newest member of Hedera Hashgraph’s Governing Council, joining UCL as the second member from the higher education sector.

19 August 2021

News/crypto

Liti Capital to finance ‘landmark’ case against Binance

Proceedings against Binance will be brought in the Hong Kong International Arbitration Centre by a group of disgruntled Binance customers who were unable to trade on the platform during this year’s infamous May 19th crypto crash.

19 August 2021

News/crypto

Hacker behind $610m crypto heist in line for reward for returning assets

After returning nearly all the $610 million in cryptocurrency that they stole earlier this week, a hacker has been offered a $500,000 "bug bounty" by the Poly Network.

13 August 2021

News/crypto

Polynetwork says crooks have returned some of $610m hack haul after Twitter plea

Polynetwork, a platform that helps link blockchains together, says that its Twitter plea to hackers to return the $610 million in recently stolen cryptocurrency has begun to pay off, with several million already handed back.

11 August 2021

News/people

Gemini bolsters DeFi team through Guesser acquire-hire

Cryptocurrency exchange Gemini has boosted its DeFi credentials through the acquisition of Guesser, a real-time predictions market platform. Financial terms were not disclosed.

10 August 2021

News/crypto

Valora digital wallet spins out from Celo with $20m Series A funding

Open-source blockchain payments outfit Celo is spinning out Valora, its native digital wallet, into an independent company that has already closed a $20 million Series A funding round led by Andreessen Horowitz.

27 July 2021

Company update/regulation

Blockpass Partners and OpenDeFi announce KYC alliance

Blockpass and OpenDeFi are proud to announce their new partnership.

09 July 2021

Company update/crypto

Sygnum offers Ethereum staking

Sygnum Bank announces today that it is the first bank to offer Ethereum (1) 2.0 staking.

06 July 2021

News/crypto

Visa and PayPal back $300m Blockchain Capital fund

Visa and PayPal have invested in the latest, $300 million, fund from venture capital firm Blockchain Capital.

22 June 2021

News/crypto

Crypto firm Ledger hits $1.5bn valuation

Digital asset management player Ledger has hit a $1.5 billion valuation off the back of a $380 million Series C funding round led by 10T Holdings.

11 June 2021

News/crypto

Thiel-backed Block.one preps $10bn crypto exchange

Block.one, the blockchain software firm backed by Peter Thiel, is pumping $10 billion into a new cryptocurrency exchange subsidiary.

11 May 2021

Company update/crypto

Wirex adds WXT to Ethereum in DeFi push

Digital payments platform Wirex has announced the migration of a fifth of their popular native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain.

06 May 2021