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Kinto secured $1.5 million in a pre-seed investment earlier this year from Kyber Capital Crypto, according to a press release on Tuesday. It received another $3.5 million recently in a round led by Kyber Capital Crypto, Spartan Group and Parafi. SkyBridge Capital, Kraynos, Soft Holdings, Deep Ventures, Modular, Tane and
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As part of the deal, Pulsar Finance’s flagship product Portfolio, will undergo integration into Terraform’s Station, a cross-chain wallet. Terra blockchain’s leading developer Terraform Labs announced the acquisition of the cross-chain portfolio management and analytics startup Pulsar Finance. This development arises as Terraform grapples with ongoing legal challenges arising from the
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The weeklong Asia-Pacific Economic Cooperation (APEC) summit began on Nov. 11 in San Francisco. The highlight of the event will surely be on the sidelines, when United States President Joe Biden and Chinese leader Xi Ping meet on Nov. 15. But with the focus of the organization being on the
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Last week, Bitcoin (BTC) closed at around $37,000, up by 5.9% compared to the previous week’s closing value of $35,000. The week showcased robust price action, witnessing BTC’s fluctuations with consecutive daily price increases from Monday to Friday. The highest trading price was observed on Thursday, nearly reaching $38,000. Following
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the
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As staking becomes better understood, investors will demand that yield rate be more predictable. Moreover, they will pit providers – LSTs, funds, ETPs, CEXes, futures contracts – against each other to hunt for the best return. Benchmarking these returns provides a yardstick for investors, and allows providers to show the
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A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions. Source
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Decentralized finance (DeFi) might hold immense potential to solve the problems faced by traditional finance (TradFi). However, DeFi still struggles with onboarding new users -both retail and institutional- due to its limitations on the user experience side. Despite all the innovation and development happening on the infrastructure level, the “DeFi revolution”
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A trader managed to exploit the brief opening of the Multichain cross-chain bridge, which was frozen since its exploit in July 2023, allowing
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