Cronos launches $100M DeFi, Web3 accelerator program
Crypto.com’s Cronos has announced the introduction of a $100 million accelerator program to help drive breakthroughs in areas such as decentralized finance (DeFi), Web3, and Metaverse. The Cronos Accelerator Program, which is driving the initiative, is supported by $100 million and is designed to assist crypto companies in the seed and pre-seed phases that are […]
New U.S. Crypto Bill Reveals Phase Of Crackdown, Restrictions For DAOs
The leaked new U.S. bill on crypto reveals restrictions on DAOs new regulations for exchanges and a new phase of crackdown on crypto After reviewing the document, seasoned cryptocurrency analyst Adam Cochran, founder of Cinneamhain Ventures and contributor to Yearn.Finance, said it appears to be a draft of an upcoming US bill on digital assets. […]
Here’s Why You Should Trade Chainlink in 2022
Here at Coinscreed, we recognize the importance of choosing your investments carefully. Chainlink, in particular, is one of the most reliable blockchain solutions on the network, and price predictions for its token have been generating a lot of interest lately. Chainlink is a decentralized “oracle network” that connects blockchains to external systems. Oracles are third-party […]
KuCoin raises $150M in Series B funding to launch DeFi products in 2022
Following the recent $150M fundraising, global cryptocurrency exchange KuCoin hopes to move beyond centralized trading services and focus on DeFi, NFTs, and Web3. On May 10, the cryptocurrency exchange announced a $150 million pre-Series B investment round, valuing the company at $10 billion. According to CEO Johnny Lyu, he said that the latest fundraising round […]
Fairfax County considers investing pension funds into DeFi yield farming
Fairfax County, in Northern Virginia, is not new to the cryptocurrency and blockchain space, the county is now considering an investment in Decentralized Finance (DeFi) yield farming. Katherine Molnar, the chief investment officer of the Fairfax County Police Pension System , said on Tuesday at the Milken Institute Global Conference that the system plans to […]