Category Archives: Defi

Can Tron Fill The Hole In DeFi Left By Terra?

Tron (TRX) token has come out as the top gainer among major cryptocurrencies in May. The blockchain appears to be among the few that stood their ground amid the massive market crash last week. The TRX token has managed to surge by 20% in the last 30 days, while Bitcoin (BTC) is still down by […]

DeFi on Ethereum L2 Networks Sees Significant Growth

DeFi on Ethereum

Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year; even as average transaction fees on Ethereum’s base layer fell by 80%. The data about the surprising growth in TVL on Layer-2 platforms […]

Cake DeFi launches new corporate venture arm with US$100 million

Cake-Defi

Cake DeFi launches new corporate venture arm with US$100 million to invest in Global Web3, Gaming and Fintech Startups Cake DeFi, a Singapore-based a fully transparent, highly innovative and regulated fintech platform that makes DeFi (decentralised finance) services and applications accessible to everyone, has launched its corporate venture arm with US$100 million in earmarked capital. […]

DeFi Platform Oasis.app Raises $6M USD in Series A Round

Oasis.app, the platform for decentralized finance enabling DeFi users to borrow and multiply their exposure to cryptocurrencies, as well as earn on their assets, has raised $6 million in funding during a Series A funding round led by Libertus Capital. The platform can be used to swap tokens, borrow Dai against your favorite cryptocurrencies or […]