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Polychain Capital led a $5 million seed round for DFX, a DEX aimed at expanding DeFi to international markets. DFX Aims to Bring DeFi Worldwide Former staff from the Ethereum Foundation, Deloitte, and ConsenSys are building out the DFX decentralized exchange for stablecoins. The DEX protocol is designed to work with non-USD stablecoins, including three […]
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase Square Inc. (NYSE: SQ) announced […]
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking Carefully at a Digital Dollar Fed […]
Aavegotchi will release 10,000 NFTs as part of its Mar. 2 launch. Aavegotchi Launch Slated Aavegotchi is launching on March 2, the team has confirmed in a blog post. The highly-anticipated NFT game, which plans to leverage the key DeFi protocol Aave, will release 10,000 NFTs to the public. The release is called “Haunt One.” […]
Popular web browser Opera has partnered with fiat-to-crypto onramp solution provider Simplex. Opera Users Can Buy Crypto Within Browser With the partnership, Opera users will be able to buy cryptocurrencies using fiat options and store them in the browser’s wallet. Since it was launched in 2014, Simplex has worked with crypto exchanges, wallet providers, and […]