đŹ Inbox Dump #24
Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didnât make it to The Defiantâs content platforms. Sometimes announcements here didnât meet the bar to become a news story, sometimes they ...
By: Â Â
Inbox DumpHello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didnât make it to The Defiantâs content platforms. Sometimes announcements here didnât meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we havenât had a chance to cover.
At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.
We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.
Keep in mind these have been unedited. With that âhere we go!
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- Offshift, the first PriFi platform being built for truly private derivatives and decentralized financial applications.
Inbox Dump!
âď¸ Allied Payment Network brings bitcoin wallet to banks and credit unions through Finastra platform
Lake Mary, FL, US â September 13, 2021 âAllied Payment Network (Allied) and Finastra today announced Allied Bitcoin Wallet, a new app to be launched on Finastraâs FusionStore. The service, created by Allied, in partnership with NYDIG, will enable financial institutions to offer their customers and members the ability to buy, sell and hold bitcoin via a compliant, secure and turnkey platform. Allied is the first bill pay provider in the industry to embed this service into a payment platform and offer it to financial institutions.
âď¸ New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading
New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its banking subsidiary, New York Community Bank (the "Bank"), successfully completed a groundbreaking digital payment process through the creation of a blockchain-based digital marker, allowing Figure Technologies, Inc. ("Figure" or "FTI") to conduct real-time secondary trading in digital shares of its stock utilizing Figure ATS, an alternative trading system registered with the U.S. Securities and Exchange Commission ("SEC"), that operates on the Provenance Blockchain.
âď¸ Atom Foundation Launches First-Ever Central Bank Distributed Secure Coin to Replace CBDC and Stablecoins Solutions
San Francisco -- September 16, 2021 at 8 AM EST -- Atom Foundation (https://www.atom.foundation/), who focuses on liquidity solutions on the blockchain, today announced that it is launching the not-for-profit first-ever Central Bank Distributed Secure Coin (CBDSC). CBDSC is an improvement over current Central Bank Digital Currency (CBDC) projects as it removes volatility while adding flexibility to governments in executing their economic policy. The CBDSC is a new, patent-pending stablecoin alternative technology that will also allow governments and central banks to maintain a unique monetary policy on top of existing CBDCs.
âď¸ Monumental Cardano upgrade sees over 100 smart contracts in the first 24 hours
September 14th, 2021- Cardano, the third largest blockchain platform in the world, has successfully completed an upgrade to give it âsmart contractâ functionality, which gives developers the ability to create apps that will utilise the capabilities of the world's most advanced, greenest blockchain. This upgrade marks the first stage in creating a fairer global financial system at a reduced financial, and environmental, cost. Within 24 hours, the platform has already seen over 100 smart contracts run on the network, with its first decentralized application also already deployed.
âď¸ FIRST HEDGE FUND SPECIFIC CRYPTO TRADING PLATFORM UNVEILED AT SFOX
San Francisco, CA - September 15, 2021 - SFOX (San Francisco Open Exchange), a digital asset prime broker that lets traders capitalize on investment opportunities by accessing global crypto markets from a single account, today unveiled the first-ever cryptocurrency trading product built specifically for hedge funds and asset managers that will provide capabilities previously only accessible by the marketâs largest firms.
âď¸ Waves Taps Into NFT Fractional Gaming with New Duck Farming Collectives
San Francisco - Sept 15, 2021 - Waves.tech, an ecosystem of innovative blockchain solutions and products leveraging Waves.protocol, today announced the integration of fractional ownership âCollective Farmsâ inside its native NFT gaming platform Waves Ducks, making it one of the first projects to integrate this type of gamification incentive. These new game incentives have been added on top of existing DeFi and yield farming mechanics to broaden accessibility and help players generate an income through play-to-earn.
âď¸ Pace Gallery Partners with Palm NFT Studio to Launch New Artist-First NFT Platform, Signaling A Commitment To Blockchain Creativity
Wednesday, September 15, 2021 -- Pace Gallery will be debuting a new NFT platform this fall built in collaboration with Palm NFT Studio. This partnership represents a reimagination of how art galleries can work online; championing creative futures and sustainable NFT technology.
âď¸ The MonkeyFirm introduces âToken Backed NFTsâ for sale of digital assets
Seychelles â September 15, 2021 â The MonkeyFirm (recently rebranded from MemeFarm) (http://www.mfrm.io/) today launched its âToken Backed NFTâ wrapping platform in an effort to promote ease of peer-to-peer trading and create a new way for creators of virtual items to commercialize their digital assets, without having to worry about getting scammed or finding an escrow solution.
âď¸ Gemini Now Supports Moss Carbon and Terra, in Addition to New Metaverse, Infrastructure, and Stablecoin Tokens
Today, we are delighted to announce support for a new set of green, NFT/metaverse, infrastructure, stablecoin, and payments tokens. Axie Infinity (AXS), Smooth Love Potion (SLP), Terra (LUNA), Moss Carbon Credit (MCO2), TerraUSD (UST), Wrapped TON Crystal (WTON), Alchemy Pay (ACH), Illuvium (ILV), and USD Coin (USDC) are now supported for deposits and custody on Gemini.
âď¸ Bybit Launchpad Debuts With BIT Token Listing
SINGAPORE, Sept. 17, 2021 â Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.
âď¸ "IWB" IS THE FIRST CRYPTOCURRENCY GUARANTEED BY FINE WINE
The first cryptocurrency in the world entirely guaranteed by wine, in particular by the high-quality Italian one, will be available from the 21st of September 2021. The coin is called IWB and is issued by the Italian Wine Crypto Bank (IWCB), the first and only global wine bank based on blockchain and cryptocurrencies (https://italianwinecryptobank.io/). IWB is a revolutionary utility token tradable through LATOKEN Exchange (https://latoken.com/) on the secondary market, on which is expected to generate exciting returns for its holders.
âď¸ Wormhole announced that its ETH â SOL token bridge is now live.
- The migration of assets between the Ethereum and Solana blockchains will now be supported in Wormhole V2; V1 users will be able to simply exchange their assets for V2 assets at a 1-to-1 rate on http://wormholebridge.com
âď¸ 3D Designer of Drakeâs Aubrey & the Three Migos Tour Stage Launches NFT Art Gallery for The Metaverse: MoNA
Los Angeles, California, September 15, 2021 - MoNA, the 3D creator economy for the metaverse, launches today with the unveiling of its Future Gallery, a network of interconnected virtual spaces that provides NFT artists with the opportunity to display their work in its original high-resolution and high-fidelity format, and sell directly to buyers. To mark the launch, MoNA has partnered with a number of celebrated NFT artists, including Foodmasku, Dario De Siena, Alex Maceda, Taylor.WTF, Marc-O-Matic, and Mlibty (Marko Zubak), to curate unique collections for the MoNA Future Gallery.
âď¸ Jump Trading Group Launches Jump Crypto
CHICAGO--(BUSINESS WIRE)--Jump Trading Group, a leading data and research-driven trading business in operation for more than twenty years, today announced the formal launch of Jump Crypto, a dedicated team of talent and resources focused on the growth and development of blockchain ecosystems and cryptocurrencies. Kanav Kariya has been appointed President of Jump Crypto.
âď¸ Curio and InTrove Launch First-of-Its Kind Partnership for NFTs Tethered to Rare Comic Books
LOS ANGELES â September 13, 2021 --Curio, the premier NFT platform for the biggest names in entertainment, today launched a partnership with InTrove, a company that connects physical collectibles with NFTs, to provide a first-of-its-kind experience to comic book and NFT collectors. The partnership brings together two red-hot markets and creates a new way for collectors to buy and own unique blue-chip collectible comics tethered to one-of-a-kind NFTs. Auctions will feature curated selections of some of the most sought-after comics in prime condition, kicking off with a run of the extremely rare first printings of Teenage Mutant Ninja Turtles #1-4 in CGC 9.4-9.8 condition, with a combined value upwards of $90,000.
âď¸ Lucky Maneki Community Reveals New Line of NFT Collectibles on Times Square Billboard
September 9th, 2021 - The Lucky Maneki Community is introducing the newest addition to the Maneki Family, 11,358 newly minted Maneki Gang Avatars. To showcase this new collection, the largest, highest quality billboard on Times Square was launched this past Labor Day. The Maneki Gang Avatars were designed to be âProfile Picturesâ for users to add to their social media. Each new Maneki Gang NFT has 8 different traits: the background, skin, eyes, mouth, hat, collar, clothes, and paw.
âď¸ Cobo Comes to Polygon, Bringing DeFi to Institutional Investors
DUBAI, 10 SEPTEMBER 2021 -- Polygon, an Ethereum scaling platform onboarding millions to web 3.0, announces today that Cobo Custody, Asiaâs leading custodian service provider, and Cobo Wallet, a centralized crypto asset management and wallet platform, will be offering support for their institutional and retail customers to be able to seamlessly access Polygon ecosystems.
âď¸ BTCS to Commence Trading on Nasdaq
Silver Spring, MD â (Globe Newswire â September 13, 2021) â BTCS Inc. (OTCQB: BTCS) (âBTCSâ or the âCompanyâ), a blockchain technology focused company, today announced that The Nasdaq Stock Market LLC has approved the listing of the Companyâ common stock on The Nasdaq Capital Market (âNasdaqâ). The Companyâs common stock will begin trading on Nasdaq under trading symbol âBTCSâ at the open of the market on Tuesday, September 14, 2021.
Funding
đ° Gelato Network Raises $11 Million Series A to Develop Web 3.0 Automation
[ZUG] -- Gelato Network, a protocol that has pioneered automating smart contract executions, today announced its Series A totalling more than $11 million. The raise was led by Dragonfly Capital, which aims to support the most promising projects in the decentralized economy, including DeFi protocols, NFT projects and Ethereum Layer-2 solutions. Gelatoâs decentralized network of bots allows decentralized application (dapp) developers to deliver users the opportunity to interact with DeFi in ways that were previously not possible on a mass scale.
đ° Live Planet Receives Strategic Investment from Liberty City Ventures
LOS ANGELES - September 14, 2021 - Live Planet, a leading provider of decentralized video infrastructure and full-service NFT technology solutions announced a strategic partnership with Liberty City Ventures (LCV), a blockchain technology and infrastructure-focused venture capital firm, to develop applications using its groundbreaking VideoCoin Network.
đ° Audius Announces $5 Million Strategic Investment From Katy Perry, The Chainsmokers, Nas, Jason Derulo, Pusha T, Guy Osearyâs Sound Ventures, Electric Feel Ventures, Martin Bandier, And More
In a move that leaves no question as to the blockchain winner in the music space, Audius, the blockchain-enabled music platform with more than 6 million monthly users, announced a new five million dollar round of strategic funding today from several of the biggest names in the music industry. The capital injection partners Audius with some of the biggest names in music on and off stage. Artists including The Chainsmokers, Katy Perry, Nas, Steve Aoki, Jason Derulo, and many more join industry heavyweights like Maverick Founder Guy Osearyâs Sound Ventures, John Josephson of SESAC, and Martin Bandier, former CEO of Sony Music, to anoint Audius as the favored music platform for artists and the as the music industryâs blockchain winner.
đ° DeFi Startup Domination Finance Closes $3.2M Seed Round
Domination Finance has completed a $3.2 million seed round, the 14-month-old decentralized finance DeFi startup, announced Wednesday. ParaFi Capital led the round, which also included Dragonfly Capital, AU21, Shima Capital, LD Capital, Huobi Ventures, OKEx BlockdreamVentures, KNS Group, GSR, CoinGecko and angel investors familiar with the blockchain space. ParaFi invested $700,000, and Dragonfly Capital and AU21, $500,000 apiece.
đ° Domination Finance Raises $3.2 Million in Seed Round to Scale Dominance Derivatives DEX
CHICAGO--(BUSINESS WIRE)--Domination Finance, a non-custodial, decentralized exchange for dominance pairs, announced the successful completion of a $3.2 million seed round involving top investors in the blockchain and cryptocurrency space. The ventureâs now operational platform allows users to trade Bitcoin Dominance (BTCDOM), Ethereum Dominance (ETHDOM), and Tether Dominance (USDTDOM) in a way that was not previously available, aiming to provide global users with sufficient liquidity, low latency, and high price accuracy.
đ° Avalanche Foundation raises $230M to support DeFi ecosystem
The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications that utilize the blockchain.
đ° DeFi Protocol For Polkadot (DOT) Raised $21 Million As Part Of The Series A
Parallel Finance, Polkadot-based decentralized finance (DeFi) protocol that offers lending and stacking services, has raised $ 21 million in a Series A funding round. Polychain Capital led the round, which was also attended by Lightspeed Venture Partners, Slow Ventures, Alameda Research, Blockchain Capital, CMT Digital, Block change Ventures, and others. According to the founder of Parallel Finance, Yubo Ruan, this was an equity round, and the project is aiming for a valuation of $150 million. In June, $2 million was raised for the project, bringing the total amount of funding to date to $23 million.
đ° LayerZero Adds $6.3M in Series A Funding Led by Binance Labs and Multicoin Capital
Binance Labs and Multicoin Capital co-led a $6.3 million Series A funding round for LayerZero, a new omnichain interoperability protocol, the company announced Thursday.
đ° Decentralized Structured Lending Platform Pledge Finance Raises $3 Million Funding Round
SAN FRANCISCO, CA / ACCESSWIRE / September 13, 2021 / Pledge, an algorithm-driven, financial NFT-based cross-chain ecosystem that provides structured lending services and derivatives across multiple public blockchains, is announcing a $3 million round of funding led by DHVC.
đ° X-Margin Raises $8 Million In Series A Funding Round
X-Margin, a pioneer in applying privacy-preserving technology to credit and financial market risk, has raised $8 million in a Series A funding round where Coinbase Ventures, HashKey Capital and Spartan Group were major investors. Bixin Ventures, Miranda Ventures (Bybit), Gemini, Primitive Ventures and Kenetic Capital also participated in the funding round. Existing investors that followed-on include Alameda Research Ventures, CMT Digital, CoinShares, DCG, GSR, and Polychain.
đ° NFT Scaling Solution Immutable X Raises $60M in Series B Funding Round
Immutable X, an Ethereum-based layer 2 scaling solution for non-fungible tokens (NFTs), said it recently raised $60 million in a Series B round of funding, which was co-led by BITKRAFT Ventures and King River Capital.
The Defiant is a daily newsletter focusing on decentralized finance, a new financial system thatâs being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Spread the word and share!
