Decentralized finance aggregators are growing in popularity in 2021 as the embryonic industry continues to expand. Delphi Digital analyst Ashwath Balakrishnan has observed that year-to-date growth for DeFi aggregators puts the sector on track to dwarf 2020’s figures. The researcher noted1inch, Matcha, and Paraswap facilitated a total $9.3 billion of volume across 2020 — but that as of Feb. 16, […]

Async Art, a Silicon Valley nonfungible token platform, has secured over $2 million in seed funding from at least 10 investors, highlighting the growing value proposition of programmable art.  The company announced the new raise on Wednesday, highlighting Async’s rapid growth since its February 2020 launch. In its first year of operations, Async generated over $1 million in art sales […]

Rick Rieder, chief investment officer at BlackRock Financial Management, hinted that the firm ha already invested a percentage of its portfolio into crypto. In an interview with CNBC’s Squawk Box on Wednesday, Rieder said BlackRock — with more than $8.6 trillion in assets under management — has “started to dabble a bit” into crypto investments. The chief investment officer described […]

Ethereum, the world’s second-largest cryptocurrency, attracted a record $216 million in ETH-related investment products last week, beating the previous week’s record of $195 million. The total cryptocurrency assets under management stood at around $47 billion last week. According to the latest weekly crypto inflows report published by CoinShares, last week saw a total of $602 million investment in digital assets, […]

Today, global banking and custodian heavyweight BNY Mellon announced that it is entering the Bitcoin arena with the creation of a “Digital Assets Unit.” The New York-based bank is a custodian of more than $41 trillion in assets and has $2 trillion in assets under management and The Wall Street Journal has reported that this means it will issue, hold […]

Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands and, as of today, you can now buy and redeem bitcoin at 19 Blue Ridge Bank ATM locations, per a press release.  “Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access to Bitcoin at its branch locations,” […]

Vela, an independent provider of data and execution technology for global markets, announced today that it has added Cboe One Feed to its market data service SuperFeed. The new addition will deliver access to real-time stock quotes and trade information for the US equities. According to the official press release, Vela is planning to deliver cost-effective and high-quality data through […]

HiFi — the recent rebrand of onetime decentralized application platform Mainframe, which is focused on decentralized finance — announced today the launch of a fixed-rate DeFi lending platform.  “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug Leonard in a press release. “Investors and traders need less-volatile options so that they can plan finances in advance, have […]