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.
1/ The @harmonyprotocol network is now live on the @CryptoRubic’s Multi-Chain routing.
Now, users can seamlessly swap their assets across top networks, including #Ethereum, #Polygon, #Avalanche, #BinanceChain, #Solana and #HarmonyONE 🔀https://t.co/5xSCKUx2kN
— Harmony 💙 (@harmonyprotocol) January 9, 2022
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.
The weekly wrap-up of #OpenOcean:
♾ @chainlink Keepers will get integrated to our limit order and DEX grid trading
🔥Ongoing #BSC trade & win campaign to get OpenOcean branded SafePal wallets
🎁The prize pool of our holiday celebration has reached 50K $OOE sharing to winners! pic.twitter.com/jaFUTm8A11
— OpenOcean | We're hiring 🌊 (@OpenOceanGlobal) January 9, 2022
DeFi platform Ferrum Network, upcoming P2E fighting game MetaFighter ‘s consulting partner. The features gained with the partnership are explained in the Medium post below.
📣 Announcing Strategic Advisory Partnership with @MetaFighter_NFT – Ferrum Community to Receive Allocation into Pre Sale 🎉
For all the details, see the article below 👇https://t.co/BBqKnT5Zm3
For the quick reader, check out the thread below🧵👀$FIGHT $FRM $FRMx
— Ferrum Network (ferrum-network.eth) (@FerrumNetwork) January 7, 2022
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.
We are excited to announce that @movrnetwork has integrated Fantom into FundMovr.
FundMovr is an innovative solution that aggregates all bridges, DEXs, and DEX aggregators in one easy-to-use app. https://t.co/B24noDMVz7
— Fantom Foundation (@FantomFDN) January 6, 2022
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.
Oasis Network is listed in the https://t.co/vCNztABJoG App 🔔
Buy $ROSE at true cost with USD, EUR, GBP, and 20+ fiat currencies.Download the App to start trading #ROSE now!
👉 https://t.co/jt6bDDqikgFor more details – https://t.co/3i4XrhjGZd@OasisProtocol pic.twitter.com/x4gb8MIh6I
— Crypto.com (@cryptocom) January 7, 2022
- 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.
ICYMI: @DroneRaceLeague and @HivemindCap’s @xPlaygroundLabs will develop the first play-to-earn crypto sports game on the #Algorand blockchain, bringing #DRL’s high-speed drone races to the metaverse. More via @Forbes 👇 https://t.co/VXx8Tcu977
— Algorand (@Algorand) January 8, 2022
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.
Estonia bans #defi March 2022https://t.co/7MDT1tniBC pic.twitter.com/PNp9Bvnz7K
— Mikko Ohtamaa 🐮 (@moo9000) December 31, 2021
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.
#MassBit is excited to officially announce the integration with @0xPolygon, as they will be adding their chain to our Cross-chain Indexing product!
👉Check out the full details here: https://t.co/RHRwVxcv2Q#DeFi #Web3
— MassBit (@massbitprotocol) January 1, 2022
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.
New partnership announcement: #WardenSwap X #MultiChain (AnySwap)
WardenSwap integrates on Multi-Chain bridge service from @MultichainOrg
WAD tokens can now bridgeable between BSC <> Ethereum on 👉https://t.co/vpk4jUaU2d
Growing stronger every day together. pic.twitter.com/4kZWlGmiSS
— WARDEN Official (@WardenSwap) January 4, 2022
0 Comments