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Cardano to Invest $100 Million to Fund Decentralized Finance Projects – Bitcoin News

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the

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Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round – Crowdfunding Bitcoin News

Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures, and Blockchain.com Ventures also participated in the

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EMURGO To Invest $100 Million In Cardano To Bolster DeFi Adoption

Decentralized finance (DeFi) has become an increasingly important addition to the Cardano network following the launch of smart contracts capability. Developers have been working since the Alonzo hard fork to bring their DeFi solutions to the ecosystem. But with decentralized finance already underway on blockchains such as Ethereum and Solana,

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2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims

Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.El Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do

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DeFi Protocol pNetwork Loses $12 Million In Tokenized Bitcoin

One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation or the other. Recently, BSC-based cross-chain pNetwork lost at least $12.7 million of tokenized Bitcoin to attackers. They have joined the many networks targeted and exploited by

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A New Cryptocurrency Has Everyone Buzzing in Mongolia – 10 Million USD Within 30 Seconds

“Decentralized finance is the future. Cryptocurrency helps people live in a community without the traditional middleman expenses. It provides equal opportunities for everyone.” – Ider-Od, co-founder of IHC. Mongolia is a landlocked developing country, sandwiched between two giant neighbors – China and Russia, located in the center of the Asian continent,

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Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals – Bitcoin News

Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker

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Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL – Defi Bitcoin News

The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana. Solana’s Orca Gets an $18

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