Unslashed Finance raises $2M for crypto insurance platform

Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology.  The funding round, which was led by Lemniscap, P2P Capital and other investors, will aid Unslashed Finance in expanding its decentralized insurance protocol for crypto assets. The protocol works by connecting people willing to buy insurance for their assets and investors seeking to earn an uncorrelated yield. Unslashed claims that its protocol enables “almost instant liquidity to insurance buyers and risk underwriters,” as…

DRC’s DeFi Platform for Hedging against Inflation Risks

Users who are interested in taking advantage of the product offering from the Digital Reserve (DR) platform can do so by depositing DRC into the system which will first be converted to WETH through the Uniswap router. Digital Reserve Currency (DRC) has unveiled Digital Reserve, a decentralized finance-focused platform that has the core mantra of hedging against inflation. With the new platform, holders of DRC, which doubles as the network’s native token “will be able to get easy exposure to a basket of the most efficient store of value (SoV)…

Japanese E-commerce Rakuten Incorporates Bitcoin, Ethereum and Bitcoin Cash to Its Platform

Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash. Japanese e-commerce and online retailing company Rakuten Inc (TOKYO: 4755) has added crypto services to its payment platform. According to an announcement through its official webpage, Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash. The move by Rakuten to adopt cryptocurrencies in its platform is a major plus for the entire crypto market. The firm is reported to have over 95 million registered users according to a report by JPMorgan. According to…

Polygon Launches Chainlink VRF on Its Platform with Promise of Verifiable Randomness

Polygon aim is to be the platform that provides these and more, and the Chainlink VRF integration places it one step forward in making this happen. Polygon, formerly known as the Matic Network has announced the launch of Chainlink Verifiable Random Function (VRF) on its mainnet, giving smart contract developers direct and unrestricted access to a secure and provably fair source of on-chain randomness in the blockchain industry. According to a blog post shared by the decentralized finance platform, the move is targeted at helping to bring scalability and unique…

Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade – Sharing economy Bitcoin News

A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platform’s assets to its Lemonade’s solution. Jigstack’ Direct Email Database on Icorating.com According to the announcement, the defi protocol, which acts as a decentralized autonomous organization (DAO), bought the website to boost its multi-chain token launch solution Lemonade. Robert Weir, Jigstack’s COO, told news.Bitcoin.com that icorating.com acquisition is a “commercial trifecta for Lemonade” as they own “commercially relevant data, a database of over 30,000 active…

Cointelegraph launches Markets Pro crypto intelligence platform, powered by The TIE

Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, is now available to the public following a successful live testing period. The platform, which has been in development for a year, is the result of exhaustive analysis of the crypto markets and the key drivers of asset price movements. It was developed jointly by Cointelegraph and The TIE, a leading provider of crypto data, analytics and software that counts major hedge funds, market makers and OTC desks among its clients. Testing the VORTECS…

An Intelligent Trading and Automation Platform for DeFi – Sponsored Bitcoin News

sponsored While the decentralized finance (DeFi) space is not new, it has experienced massive growth to surpass $37 billion. Consequently, the sector attracted a lot of attention, which, in turn, led to the unearthing of multiple deficiencies that the industry has. As a result, many projects have been continuously cropping up to address these issues. While the projects are working at a record pace to tackle these challenges, the industry still has a lot of upgrading to do. Enhance the DeFi Experience Chipping in to help solve one of DeFi’s…

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New DeFi Platform Marks Next Step in Financial Business

Defiqa is an innovative DeFi platform that integrates several strategic financial activities in the design of blockchain – the core cryptocurrencies. Let’s be honest for a moment. The standard banking system is the cause of our biggest concerns, and every day it gets even worse. Firstly, data and financial protection are not included. Secondly, the cost of transactions is ridiculous, and most of the time, bank transfers take a long time – just when our loved ones need money the most. Not to mention how insecure people became since their…