Is RioDeFi the Next Frontier of DeFi?
Every day, it seems, a new crypto project emerges promising to forever change the world of finance. If you operate in this space, whether as a developer, financier, trader, or reporter, you’ve likely become completely desensitized to such hyperbole, having witnessed many startups flounder under the crushing weight of their own hype. Hope remains, however, that emerging project RioDeFi, which has begun to make serious waves in the decentralized finance space, can succeed whether others […]
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RioDeFi has revealed that a dozen VCs participated in its private sale, adding further credibility to a project that’s days away from its public sale. Around $5M of the $13.5M raised in RioDeFi’s private sale came from VCs eager to obtain a stake in the Polkadot ecosystem that Rio will sit astride. RioDeFi is building […]
The crypto world’s leading oracle solution is integrating with its leading interoperability blockchain. RioDeFi, the decentralized finance blockchain connected to Polkadot, has revealed that Chainlink’s price oracles are to provide market data across its network. The deal means that projects building on RioDeFi, including MANTRA DAO, will be able to access decentralized and tamper-proof price […]
Alameda Research has invested $2 million in a Tel-Aviv-based market maker claiming to process nearly $10 billion in volume monthly across 50 crypto exchanges. The news was announced by Efficient Frontier on March 15, with the company stating the funding will be used to “expand its balance sheet” and build its position within the crypto asset sector. Efficient Frontier chief executive, Roei Levav, stated:Sam Bankman-Fried’s Alameda Research has invested $2 million in Tel-Aviv-based algorithmic crypto market maker, Efficient Frontier.“This funding, coming from such a strong team, is humbling....
EDDASwap is an ecosystem of DeFi and NFT platforms. The ecosystem consists of the flagship multi-chain DEX, an NFT platform, a Decentralized Launchpad, and a Decentralized Asset Management platform. EDDASwap has an all-star team and prominent partners, including Polygon (or Matic, as it was formerly known). EDDASwap has all the characteristics to be considered a […]
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules on Self-Hosted Crypto Wallets Proposed by FinCEN According to the nonprofit organization based in the United States, the FinCEN is trying to undermine “one of the most important aspects of cryptocurrencies from a civil liberties perspective,” which can provide privacy protections for their users.....