Tag: DeFi
Circle wants to help companies access DeFi lending markets with new API
Cryptocurrency company Circle has announced that it plans to launch a new API for companies using Circle accounts to manage crypto assets — and in particular USDC stablecoins. The new API will let companies access decentralized finance (DeFi) protocols starting with Compound lending pools. Circle is better known as one…
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Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny
Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea and Handshake co-founder Andrew Lee. Built on Binance Smart Chain, a blockchain for developing high-performance DeFi apps, MOUND says Pancake…
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Coinbase Wallet lets you earn interest with deeper DeFi integration
Coinbase’s mobile wallet app Coinbase Wallet puts you in control of your crypto assets. The app already lets you access decentralized crypto apps (dapps) using a dapp browser. But Coinbase is going one step further with deep integrations with some of the most popular DeFi projects. DeFi means “decentralized finance,”…
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DeFi aims to bridge the gap between blockchains and financial services
If you’ve been following cryptocurrency news for the past few months, there’s one word that keeps coming back — DeFi, also known as decentralized finance. As the name suggests, DeFi aims to bridge the gap between decentralized blockchains and financial services. The original purpose of bitcoin hasn’t changed; it’s a…
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