Finance

Strut Finance, a DeFi protocol built on Avalanche, has announced the completion of a $3.9 million seed round funding aimed at raising funds to develop structured decentralized finance (DeFi) products. A total of 24 investors participated in the seed round funding. The investors include Avalanche’s 200 Million Blizzard Fund, xVentures, Assymetries Technologies, Antler, AVentures Dao, …

Struct Finance raises $3.9M in seed round funding for structured DeFi products Read More »

Aaron Morby 14 hours ago The University of Exter is starting procurement to find a partner to design, build, finance and operate nearly 1,790 new student rooms at its Streatham campus. Planned Clydesdale and Nashhalls of residence site off Stocker Road The development plans would involve the demolition of twelve accommodation blocks and three other …

Exeter Uni starts contest for £185m student rooms scheme Read More »

The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View on Crypto Use to Evade Sanctions Nellie Liang, Treasury …

US Treasury Official: We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions Read More »

On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs …

Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale Read More »

India’s proposed crypto taxation law will take effect on 1 April this year. Ashish Singhal, the co-founder and CEO of India’s largest crypto exchange CoinSwitch Kuber, says the country’s crypto tax law signals a “step backwards.” Singhal expressed his disappointment on Monday following clarification from authoirities regarding a crypto tax law that’s set to take …

India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch Read More »

Goldman’s over-the-counter crypto transaction was facilitated by Michael Novogratz’s Galaxy Digital Holdings. Goldman Sachs is said to have completed its first over-the-counter crypto derivatives trade, the first major US bank to dive into the growing crypto options market. The development came to light on Monday and saw the bank make the maiden OTC crypto trade …

Goldman Sachs executes first over-the-counter crypto trade Read More »

Strut Finance, a DeFi protocol built on Avalanche, has announced the completion of a $3.9 million seed round funding aimed at raising funds to develop structured decentralized finance (DeFi) products. A total of 24 investors participated in the seed round funding. The investors include Avalanche’s 200 Million Blizzard Fund, xVentures, Assymetries Technologies, Antler, AVentures Dao, …

Struct Finance raises $3.9M in seed round funding for structured DeFi products Read More »

LunaFi has taken blockchain technology to another level after launching a betting protocol with decentralized house pools. Anyone can provide liquidity to the pools and ‘become the house’ to earn a share of the profit generated from betting activities on the protocol. Betting has been an attractive front for crypto developers with most wanting to …

LunaFi unveils betting protocol with decentralized house pools Read More »

Major cryptos were in the red over the past 24 hours. The three major US indices all surged last week as a slowdown in the Russia-Ukraine war showed tentative signs that a peace process may be beginning. The UK100 returned to positive for 2022 last week, posting rises of 4.18% over five days. Top cryptos …

Highlights March 21: Major cryptos slide, US indices surge Read More »