Kesef Finance Cross-chain protocol making DeFi accessible to everyone | 04-23
Kesef Finance Cross-chain protocol making DeFi accessible to everyone

Decentralized Finance (DeFi) industry is maturing over time with new innovations and new products hitting the markets. Newcomers are learning from the mistakes of old players by fine-tuning their applications with better security and new features. What still lacks is the accessibility to common man, non-crypto users. For them, managing different pools, swapping tokens etc. feels like rocket science. And maybe that’s the reason we see adoption not picking up the pace as it should. If that wasn’t enough complexity, there are multiple blockchains supporting the DeFi protocol.



RNS Solutions & Trustedchain Are Developing Blockchain FinLit Platform for Islamic Development Bank

PRESS RELEASE. Pakistan: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia.


Kine Protocol Introduces Cross-Chain Asset Transformation on Binance Smart Chain Launch

Decentralized Derivative Trading Protocol Implements a Universal Liquidity Pool Combining BSC and Ethereum Stakers. Kine Protocol, an innovative protocol making decentralized derivative trading fast and transparent, has officially launched on the Binance Smart Chain (BSC) with a staking pool for kUSD/USDT and kUSD/KINE pairs. In doing so, the Kine Exchange also supports cross-chain transformation to allow users to access lower gas fees. Users can switch between the Ethereum or Binance Smart Chain. On the Binance Smart Chain, users will be able to stake mainstream assets including BTCB, LTC, BCH, XRP, ETH and BNB. LP farming pools with the trading pairs kUSD/KINE, kUSD/USDT will be open starting from 10am UTC on the 10th of June, 2021.


Opium Finance DeFi Protocol Offers ETH Dump Protection

Decentralized finance (DeFi) is evolving at such a rapid pace that new investment vehicles are being rolled out on a daily basis, and Opium is offering the latest. In what it has described as “a strategy for bearish investors” the synthetic derivatives Opium Network has unveiled a product offering protection against large downwards movements in Ethereum prices.


Introducing Pi Network – Making Cryptocurrency Accessible to the Masses

In the earliest days of Bitcoin and first-generation cryptocurrencies, anyone could mine coins using any basic computing setup. Until around 2013, all you needed was a standard GPU. However, as the value of Bitcoin rose and more miners entered the space, cryptocurrency mining became ever more competitive, to the point where it now requires specialist hardware dedicated to the task of mining.


The Global Decentralized Finance Bunker

Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized and non-custodial automated pool-based liquidity mechanism supporting trades within the Solana ecosystem, Solanax is looking to revolutionize DeFi. The Ethereum main-net proof-of-work (PoW) consensus design...


Bitcoin Network’s Major Upgrade Taproot Set for Activation in November 2021

The major thing with the Taproot upgrade is that it will introduce the smart contract functionality on the Bitcoin network while exponentially increasing its utility. Bitcoin miners worldwide have finally approved the first major Bitcoin network upgrade in four years dubbed Taproot. This is one of the biggest milestones for the world’s largest cryptocurrency.


DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities

In the early days of blockchain technology, decentralized autonomous organizations (DAOs) seemed like a far-out, unattainable idea. How can an organization, a company or a collective manage itself without anyone in charge? "Money Reimagined" explores these systems and their significance. Guests include Rune Christensen, CEO of the Maker Foundation, and Ian Lee of IDEO Co-Lab Ventures and Syndicate, which enables groups of investors to fund DeFi projects.


Ampleforth Launches on Binance Smart Chain

Ampleforth’s AMPL token has launched on Binance Smart Chain. It’s now available on PancakeSwap. The project has integrated the Meter Passport bridge to bring AMPL cross-chain. Binance Smart Chain has grown at a fast pace over the last year, but it could soon face tough competition from the likes of...


Is DeFi technology easy enough to adapt to non-finance industries?

Decentralized finance is far and away the hottest topic in crypto, touted as a way to make a fortune by backing the right token, but also a tool for taking the crypto you were hodling in a cold wallet and set it to work earning interest at extraordinary rates. There’s...


Broadridge Launches DLT Repo platform to Execute First Bilateral Repo Trades Using Smart Contracts

Broadridge Financial Solutions, Inc., a global Fintech leader, announced the successful go-live of its transformative distributed ledger repo (DLR) platform. Early participants of the blockchain-enabled platform are realizing significant and immediate benefits of reduced risk, operational costs and enhanced liquidity, while also accelerating their digitization journey. The launch builds on the success of multiple pilots with sell-side and buy-side firms.

U.S.|CoinTelegraph|14h and Ampleforth launch the first inter-blockchain DApp

San Francisco, June 14, 2021 — announced the official launch of the Meter Passport cross-chain interoperability infrastructure and the integration with Ampleforth to build the world’s first multi-blockchain asset class and decentralized applications. Meter Passport is an N-way blockchain router that allows assets and information to flow directly from...


This new protocol allows crypto traders to capture DeFi volatility

Decentralized finance (DeFi) recently topped $100 Billion in total value locked (TVL), which has restarted a familiar conversation regarding volatility in this space, and how best to track it. What’s new this time around is the introduction of the ability of DeFi traders to capitalize on volatility in the same...


The Age of Autonomous Supply Chains

It turns out, whether it’s at the national level or inside the enterprise, that people do not like being told what to do or being guided by central planning. Despite that, since the 1960s, companies have been trying to make computerized top-down planning and scheduling work so that they can operate their business networks more efficiently.


How Solana Blockchain-Based Automated Market Maker (AMM) Solanax Is Set to Revolutionizing the Crypto World!

Solanax, the Automated Market Maker or AMM based on Solana blockchain, is making a difference in the decentralized finance or DeFi space due to its faster blockchain speed, better and simple interface, and low gas price. As a result, it continues to drive investors to its private sales. Automated market...


China debuts blockchain-based digital yuan salary payments in Xiong’an

China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan. According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC) has successfully completed the nation’s first on-chain wage payouts in the digital yuan. Announcing the...


TIME Tokens and TimeWarp Staking Launch on Binance Smart Chain

PRESS RELEASE. The new initiative extends the Ethereum-based TimeWarp staking programme, which currently offers a yield of 224% APY. TimeWarp, a new DeFi farming opportunity backed by multiple real-world revenue streams, has just launched on Binance Smart Chain after a successful earlier launch on Ethereum. The initiative enables holders to...


eToro CEO: ‘A Transfer of Over $10 Trillion’ Over Next 10 Years Into Cryptoassets

Recently, Yoni Assia, Co-Founder and CEO of social trading and multi-asset brokerage eToro, talked about the future of crypto. The eToro CEO’s comments were made during a conversation he had with journalist Rachel Wolfson, who was reporting for Cointelegraph from Miami’s Bitcoin 2021 conference. Assia said:. “When we’re thinking about...


The History of Currency Minting & Its Rise in a Form of Crypto Ecosystems

Modern-day economies are powered by fiat currencies, with each nation assuming its currency. The U.S dollar is currently the most powerful currency, given that most countries use it as the base currency for international trade. So, where does the fiat money in circulation come from? The answer is a simple...


Peer to Peer DeFi Payment Protocol Roxe Goes Live, Will Offer Competitive Wholesale FX Rates

Roxe Payment Protocol leverages decentralized finance (DeFi) liquidity pools in order to provide the cost-effective, fast, and transparent foreign exchange (FX) rates and cross-border transactions. Too many intermediary banking institutions, forex market makers and brokers have made the FX transactions too costly, inefficient, and opaque. Meanwhile, Roxe Payment Protocol aims...


Ethereum Smart Contracts Closes In On Milestone, Quarter Of Supply Locked

Today, Ethereum has reached a new milestone with over 25% of all ETH supply locked behind smart contracts, a notable increase over the 15% during last year. As pointed out by ETHhub founder, Anthony Sassano, the current ETH supply percentage under smart contracts is similar to what it was during the DAO event in 2016.