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Aave Protocol V2 Launches on Mainnet

4 Dec 2020 1 minute read 3 comments Abhimanyu Krishnan

The Aave (AAVE) protocol launched its V2 upgrade on the mainnet, the team announced in a blog post published on Dec. 3. Aave V2 brings several new features, including yield and collateral swaps, upgrades to flash loans, collateral repayments, native...

Chainlink Launches the Chainlink Builders Program

4 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

Chainlink has launched an incentivized developer program called Chainlink Builders Program, according to an announcement made on Dec. 3. The Chainlink Builders Program has been designed to “recognize and thank” network developers for their creations...

Polkadot Launches DeFi Alliance, Led By Chainlink

4 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

On Dec. 3, Polkadot (DOT) launched a DeFi focused initiative, the Polkadot DeFi Alliance, with Chainlink (LINK) and several other DeFi projects. The 10 member strong initiative is a join effort to advance DeFi research and development in the Polkado...

Loopring Launches AMM on Loopring 3.6

3 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

The Loopring (LRC) project announced the launch of its zkRollup AMM on Loopring 3.6, according to a blog post published on Dec. 2. Loopring has launched its Ethereum zkRollup implementation on Loopring 3.6, bringing instant and gas-free transactions...

Ampleforth (AMPL) Will Launch on TRON, Polkadot and NEAR

3 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

Ampleforth (AMPL) will launch on the TRON, Polkadot and NEAR blockchains, the Ampleforth Foundation announced on Dec. 2. The launches will make AMPL, with its elastic supply and fully decentralized model, the first independent multichain cryptocurre...

1inch Raises $12M in Funding Round Led by Pantera Capital

3 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

The 1Inch DEX project has raised $12 million in a funding round led by Pantera Capital, according to a blog post published on Dec. 2. The $12 million comes from institutional investors Pantera Capital, ParaFi Capital, and Nima Capital, among others...

ConsenSys Founder Joseph Lubin Confident About Ethereum 2.0

3 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

ConsenSys founder and Ethereum co-founder Joseph Lubin is confident about the Ethereum 2.0 upgrade and the timeframe for its benefits. Lubin made pertinent remarks at the Ethereum in the Enterprise 2020 on Dec. 3.  Lubin said that “Ethereum 2.0 woul...

Visa Working with Circle to Integrate USDC into Payments Network

3 Dec 2020 1 minute read 1 comment Abhimanyu Krishnan

Visa has partnered with Circle to integrate USDC into its payments network, according to a Forbes report on Dec. 3. Visa announced that it will bring the USDC stablecoin to the 60 million merchants on its payments network The payments firm will not...

Another Major Collaboration for Yearn, This Time with Akropolis

2 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

Yearn.finance (YFI) and Akropolis (AKRO) will collaborate and share development resources to bolster their respective development agendas, according to a blog post published on Nov. 30. Akropolis will gain access to Yearn, Pickle, and Cream products...

Band Protocol and Acala to Launch Open Oracle Gateway for Polkadot DeFi Services

2 Dec 2020 1 minute read 1 comment Abhimanyu Krishnan

Band Protocol (BAND) and Acala will collaborate to release an open oracle gateway for DeFi services on Polkadot (DOT), according to a blog post published on Dec. 1. Band Protocol’s decentralized oracle service will power Acala’s DeFi platform, with...