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Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians.The app’s launch is initially taking place on the Abitrum and Optimism networks.
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As a DEX, PancakeSwap relies on smart contracts instead of middlemen to process trades, lending and lottery services for users. The DEX is available on the BNB Chain, Ethereum, Polygon zkEVM, Aptos and now zkSync Era. The protocol held over $1.57 billion worth of tokens as of Wednesday, DefiLlama data
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Cetif Advisory, a consultancy spinoff of the Università Cattolica del Sacro Cuore of Milan’s Cetif Research Centre, will lead the platform’s development, coordinating the efforts of Polygon Labs, Fireblocks, tech developer Reply, legal and tax consultant Linklaters and web3 studio DVRS. Source
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In late 2018, the crowdfunding platform Republic acquired Game Theory Group and Revsin was brought on to head its new Republic Capital arm, which was distinct from the more consulting and builder-oriented Republic Crypto group. By the time Revsin left in April 2022, Republic Capital had raised more than $600
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Polygon Labs has begun work on an expansion intended to include all blockchains and applications running on the Polygon network, and seeks to democratize the upgrade process and encourage community participation. On July 19, the company’s developers presented a proposal to revamp the governance mechanism for the forthcoming Polygon 2.0
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied United States law enforcement agents slammed wire fraud and money laundering charges against a former security engineer from New York. He is accused of hacking a decentralized exchange (DEX) and stealing $9 million in July 2022. The
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“DeepBook provides the essential financial foundation for every DeFi tool built on Sui," said Greg Siourounis, managing director of the Sui Foundation. "Combined with the scalability and composability built into the Sui Network, DeepBook offers developers the chance to build applications that are simply not possible on other networks.” Source
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Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down.According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi platform will nevertheless wind down soon:"A confluence of events has taken
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Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In supporting the decision, developers wrote:"Reddit recently sparked controversy within its community following a decision to limit API access. This move provoked a series
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