NFT platform Upshot raises $7.5M led by Framework Ventures, CoinFund and Blockchain Capital

CryptoNinjas » NFT platform Upshot raises $7.5M led by Framework Ventures, CoinFund and Blockchain Capital Upshot, a blockchain-based protocol that incentivizes experts to answer subjective questions honestly, today announced that it has raised $7.5 million in Series A funding co-led by Framework Ventures, CoinFund, and Blockchain Capital with additional investments from Slow Ventures, Mechanism Capital, Delphi Digital, CMS Holdings, Stani Kulechov, Kain Warwick, Ryan Selkis, and more. “Upshot’s mission is to capture the value of truth and to give people novel ways to get paid for their unique insights,” said…

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IDEX unveils hybrid liquidity pools fusing core elements of order books and AMMs

CryptoNinjas » IDEX unveils hybrid liquidity pools fusing core elements of order books and AMMs IDEX, a cryptocurrency decentralized exchange (DEX) platform, today announced the launch of IDEX Hybrid Liquidity (IDEX HL), a new feature that combines an order book and trading engine with liquidity pools of an automated market maker (AMM). The unique exchange design protects users from the negative aspects of AMMs, including failed trades and front-running, by instantly executing trades against the best combination of limit orders and pooled liquidity. This approach generates higher returns for liquidity…

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Cross-chain exchange ChainSwap connects to Solana-based AMM and liquidity provider Raydium

CryptoNinjas » Cross-chain exchange ChainSwap connects to Solana-based AMM and liquidity provider Raydium ChainSwap, a cross-chain asset bridge & application hub for smart chains, today announced a new partnership with Raydium, the leading Solana blockchain-based automated market maker (AMM) and liquidity provider. The collaboration will connect applications for Raydium with EVM chains for ChainSwap, as well as drive Solana to EVM-compatible chains traffic. Unlike other automated market makers, Raydium provides liquidity to Serum’s central limit order book (non-custodial DEX that’s built on Solana). This means that the platform’s users and…

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Open DeFi launches DAO to incubate and build multi-chain powered dApps

CryptoNinjas » Open DeFi launches DAO to incubate and build multi-chain powered dApps Open DeFi, a global community of Web3 leaders and DeFi founders, today introduced the Open DeFi DAO (OD DAO), a new open initiative to support Open DeFi’s vision of a cross-chain DeFi ecosystem. The DAO will launch DeFi products across all layer one ecosystems and explore DeFi markets surrounding multi-chain use cases and new digital asset classes, including NFTs, data tokens, and more. DAOs, or decentralized autonomous organizations, are projects that exist as smart contracts on the…

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Prediction market protocol PlotX goes cross-chain on Polygon in v2 launch

CryptoNinjas » Prediction market protocol PlotX goes cross-chain on Polygon in v2 launch PlotX, a decentralized non-custodial prediction market protocol, launched in October 2020 — today announced that the next-gen PlotX v2 will launch on the Polygon mainnet on Friday, May 14th. v2 has been under development since December 2020 and the testnet was revealed on April 13th, 2021. After a month of rigorous testing by the community, the PlotX team is ready for launch. The PlotX platform saw an influx of users with a growing TVL of up to…

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TrustSwap Launchpad hosts token offering for RegTech platform Sekuritance

CryptoNinjas » TrustSwap Launchpad hosts token offering for RegTech platform Sekuritance Sekuritance, a CeFi/DeFi ecosystem delivering compliance, regulatory, transaction monitoring, and identity management solutions, is collaborating with TrustSwap, a full-service blockchain asset platform, to support the execution of its SKRT token offering starting on May 8th, 2021 at 9:00 AM PST. Introducing Sekuritance The cryptocurrency economy has taken the world by storm and it is here to stay. Just like traditional finance, the risk of fraud, misuse, abuse also exists in the crypto space. Due to the decentralized and semi-anonymous…

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Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay

CryptoNinjas » Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay Cardstack, a blockchain-powered open-source protocol, today announced it will be integrating Chainlink into Card Pay — a consumer-facing crypto payment and reward platform. Cardstack will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates on the platform, beginning on the xDAI chain; but with a planned expansion to other blockchains and layer-2 solutions. Most DeFi price feeds today are used for trading and financial product use-cases, focusing on the needs of investors, token…

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SpiderDAO unveils first public router firmware test with SPDR wallet functionality

CryptoNinjas » SpiderDAO unveils first public router firmware test with SPDR wallet functionality SpiderDAO, a hardware-enabled DAO that bundles multi-layered hardware and software tools on top of the Polkadot blockchain, has announced the latest beta release of the firmware for their multifunctional Spider Connect Pro Router. The firmware is now available to the community to download, install and test. The Spider Router offers multi-layered privacy techniques. Among the upgrades and improvements to the new firmware are a $SPDR token wallet and DAO functionality. “After this extensive development and upgrades to…

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Symbol (XYM) token from NEM now available on crypto wallet app Vidulum

CryptoNinjas » Symbol (XYM) token from NEM now available on crypto wallet app Vidulum Symbol from NEM, a blockchain-powered exchange network for business that launched back on March 17th, has announced that Vidulum, a non-custodial multi-coin web wallet, has added support for NEM’s Symbol (XYM) token. Now, Viddulum and Symbol users can earn staking incentives in VDL (Vidulum native token) for staking XYM on their wallets, along with other advantages. Collaboration between Vidulum and NEM Group Symbol wallet The Symbol wallet on Vidulum enables people to participate in digital asset…

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Digital Currency Group invests in South Korean crypto exchange company Streami

CryptoNinjas » Digital Currency Group invests in South Korean crypto exchange company Streami South Korean blockchain company Streami, today announced that Digital Currency Group (DCG) has made an investment in the company, becoming its second-largest shareholder. DCG also participated in Streami’s pre-series A round in 2016. Streami operates GOPAX, a leading Korean crypto exchange. Streami co-founder and CEO Junhaeng Lee said, “After observing the Bitfinex hack and China’s cryptocurrency crackdown in 2016, we decided to build the reliable cryptocurrency market infrastructure that South Korea needed, starting with an exchange.” The…

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