DeFi Firms Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism
Developers of the DeFi protocols said that layer 2 networks offer improved security and capital efficiency for users. Original Source
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A16z Leads $28M Round for Privacy Coin Iron Fish
Iron Fish, a decentralized blockchain network that aims to create a cryptocurrency as private as cash, has raised $27.7 million in a Series A round led by Andreessen Horowitz (a16z) ahead of the network’s Dec. 1 testnet launch.“While a number of Web 3 teams are now building developer-oriented privacy tools
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C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency
In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform designed for flash and undercollateralized loans. C.R.E.A.M., which founder Leo Cheng describes as “the yolo-est Compound fork,” is a money market designed to cover assets that
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Vale completes iron ore transaction through blockchain
Mining firm Vale and its partners completed its first iron sale over blockchain.According to a statement on its website, Vale sold 176,000 tons of iron ore to Nanjing Iron & Steel, sending the material from Malaysia to China.Vale and its partners used the blockchain platform Contour to issue a letter
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Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company obtained a $16.87 million shipment of steelmaking ingredients from the joint venture between the multinational mining group Rio Tinto and Hancock Prospecting Pty. Ltd. The shipment
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