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DeFi Protocol CVI Finance Launches Impermanent Loss Protection

DeFi Protocol CVI Finance Launches Impermanent Loss Protection

The team behind the decentralized protocol Crypto Volatility Index (CVI) has launched an impermanent loss (IL) protection solution dubbed “Armadillo,” designated to help liquidity providers (LPs) mitigate losses during market fluctuations.  Solving Impermanent Loss Issues  Due to the volatile nature of cryptocurrencies, liquidity providers are often plagued with impermanent losses when the prices of their …

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Asia-Focused Multi-Currency Stablecoin Protocol, Bluejay Finance, Raises $2.9M

Asia-Focused Multi-Currency Stablecoin Protocol, Bluejay Finance, Raises $2.9M

[PRESS RELEASE – Singapore, Singapore, 20th July 2022] Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, …

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South Korea Finance Watchdog Probes FX Markets for Illicit Crypto Transactions

South Korea Finance Watchdog Probes FX Markets for Illicit Crypto Transactions

Financial regulators in South Korea are probing foreign-exchange transactions at commercial banks for the illicit use of crypto. Since some of the transactions involved crypto exchanges, authorities are checking for any links to money laundering or currency speculation using crypto assets, according to an anonymous senior Financial Supervisory Service official. While he neglected to identify …

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Podcast: Can memes rebrand and provide actual utility? – w/ HOKK Finance Director Mark Basa

Podcast: Can memes rebrand and provide actual utility? – w/ HOKK Finance Director Mark Basa

Memes. I think more than anything else, the enigmatic concept of the meme investment symbolises that we are, in fact, living in a simulation. Who can forget January 2021, when a bunch of Redditors when toe-to-toe with Wall Street, pumping the share price of Gamestop up to scarcely believable levels? What about Dogecoin, the cryptocurrency …

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