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Cardano stablecoin protocol Ardana raises $10M in latest funding round

Ardana, a stablecoin ecosystem built on the Cardano (ADA) blockchain, received $10 million in seed capital from a group of investors led by Three Arrows Capital and Ascensive Assets.Ryan Matovu, CEO and co-founder of Ardana, issued the following statement regarding the deal:“As the first all-in-one stablecoin ecosystem built on Cardano,

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DApps on NEAR Protocol Can Natively Access DIA’s Open-Source Oracles

DIA Association has announced the integration of its oracle infrastructure with the layer 1 distributed ledger NEAR Protocol. This deployment is set to enable the development of new decentralized applications with easy access to accurate and transparent data provided by DIA. The NEAR Protocol, live on mainnet since April 2020, is

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Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs – Defi Bitcoin News

While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging,

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Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token FXS Surges 80% on Supply Squeeze

While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a governance token of a lesser-known fractional algorithmic stablecoin protocol Frax, has jumped 80% in 24-hour. You read it right; in a single day, the token has gained nearly twice more than what bitcoin

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OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps

A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental project dubbed Range comprising decentralized stablecoin pools that do not use a price curve. The programmer described Range

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$10 Million to Fund the Next Wave of HUMAN Protocol Solutions – Press release Bitcoin News

press release PRESS RELEASE. The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize

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Adshares.net web3 Marketing Protocol Aims for Metaverse Ads – Press release Bitcoin News

press release PRESS RELEASE. Adshares ($ADS) decentralized network working since 2017, created the possibility to connect Publishers and Advertisers directly with the use of blockchain and allows them to sign advertising contracts without intermediaries. The Adshares team is constantly putting in a lot of effort to grow their ecosystem which

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ASSEMBLE Protocol Rallies 200% Following Coinbase.com Listing

ASSEMBLE Protocol made its debut on the Coinbase Pro exchange on Wednesday 20th October 2021 according to the official disclosure made by Coinbase. ASSEMBLE Protocol’s token ASM was listed following massive demand from the community on the largest NASDAQ-listed U.S cryptocurrency exchange – Coinbase. The ASM token powers the Assemble

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