In addition to the metaverse and NFT markets, the DeFi altcoin sector, which frequently interacts with regulations, has come to the fore with a number of positive and negative developments in recent days. In this post, we will look into the announcements of the week of January 3-9 and partnership, integration, etc. Let’s take a look at the developments.
Here’s the DeFi altcoin news of the week
Popular open source platform Harmony (ONE) has recently entered into a strategic partnership with the CryptoRubic multi-chain ecosystem. In other words, Harmony Protocol is now live on CryptoRubic.
World’s first CeFi and DeFi aggregator platform OpenOcean (OOE), Chainlink It has integrated Keepers. The integration will facilitate better limit order and DEX trading on the OpeanOcean aggregator platform.
DeFi platform Ferrum Network, upcoming P2E fighting game MetaFighter ‘s consulting partner. The features gained with the partnership are explained in the Medium post below.
Movr Network, Fantom’s cross chain infrastructure builder platform FundMovr’ announced its strategic integration. Now FundMovr SDKs and APIs can be seamlessly integrated into the Fantom (FTM) ecosystem. Thus, it facilitates first-class user experience on other Blockchains.
Popular crypto fintech platform Crypto.com, Oasis Network (ROSE) announced the list. Through the partnership, users can purchase ROSE tokens with fiat currencies directly on the Crypto App.
- as Cryptokoin.com You can take a look at analyst Kyle Portman’s analysis of Algorand (ALGO), which we have compiled, here.
Drone Racing League, through a partnership with Playground Labs, has announced plans to launch a play-to-win sports game on the Algorand Blockchain. According to the announcement, the partnership will help launch the virtual version of Drone Race League.
Estonia brings crypto bans
Estonia, once a crypto-friendly place, has announced plans to ban the DeFi industry. In a recent announcement, the country revealed that the increase in DeFi scam projects was the main reason behind this decision. Also, it plans to introduce stricter crypto regulations soon.
Web3.0 application solution platform MassBit strategically with Polygon Network formed a partnership. Therefore, the partnership will help the Polygon ecosystem flourish. Interestingly, Polygon also has access to MassBit’s cross chain indexing product.
Multichain has signed another strategic partnership. Cross Chain Router Protocol (CRP), also known as “the ultimate router for Web3.0,” Multichain has partnered with DEX platform WardenSwap. Furthermore, the partnership will make it possible for WAD tokens to move seamlessly between the BSC and ETH Blockchains. Specifically, Multichain was previously known as Anyswap.