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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, has secured new partners and funding as it prepares for its bid to bring high-interest savings opportunities to Africa.Set to launch its mainnet in March, the firm announced Tuesday that it has partnered with software service provider

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Solana announces DeFi hackathon offering $200k in seed funding

Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation.The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will also offer mentorship to hackathon participants alongside

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Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

An offline mobile map for travelers has raised $50 million in a seed-funding round led by Alameda Research.Announced Monday, the funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the offline mobile map platform.Cryptocurrency lender Genesis Capital and institutional

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Emerging DeFi Project Router Protocol Raises Seed Funding, To Launch Cross-Chain Farming Soon

An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India

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