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Bright Union Closes Venture Investment & Plans to Launch IDO & Trading Today August 5th on PAID s Ignition & Uniswap

Bright Union Closes Venture Investment & Plans to Launch IDO & Trading Today August 5th on PAID s Ignition & Uniswap
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SmartDeFi: The Robinhood of Crypto -- Raises $1m Pre-Seed Bringing DeFi to the Masses

SmartDeFi: The Robinhood of Crypto -- Raises $1m Pre-Seed Bringing DeFi to the Masses
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SmartDeFi The Robinhood of Crypto Raises $1M – Bankless Times

SmartDeFi “The Robinhood of Crypto” Raises $1M SmartDeFi is a non-custodial investment app targeting traditional investors who want to make their first DeFi investments, but don’t understand the risks involved or how to take the first steps.  The iOS app enables users to instantly enter risk-adjusted DeFi products using their bank account, credit card, or Apple Pay directly from their mobile device.  SmartDeFi was founded in 2020 by CEO Kieran Daniels and CTO Dziugas Butkus who believe the reason traditional investors haven’t entered new and lucrative DeFi markets, is the absence of an easy to understand and transparent risk assessment layer. To solve this problem, the San Francisco based company has secured $1 million in pre-seed funding led by Future Fund, Centrality AI, GenBlock and Arcuate Capital.

How to Lend Your Cryptocurrency, and Why Stablecoins Are Yielding 10%

Before the broader crypto sell-off in recent weeks, bitcoin had risen as much as 115%. Dogecoin had risen more than 12,000%. Ethereum had risen more than 470%. Other coins have also seen big gains as investors have snatched them up. But for those investing in cryptocurrencies for the long-term, there s a simple way to add to these gains: loaning the currencies out. In the crypto-driven world of decentralized finance (DeFi), individuals can play the role that banks often do in traditional finance. They can lend their money for a fixed period of time to other individuals, in return for interest payments.  The easiest way to think about it is in traditional finance, if you have a money market account at Bank of America, you re getting like .1% interest, if you re lucky, said David Martin, a product manager at crypto trading platform FalconX, in an interview with Insider. In crypto you re getting upwards of 10% for dollars, for a stablecoin. For comparison, the benchmark 10-year

5 Unique and Innovative DeFi Projects to Watch During Dip

5 Unique and Innovative DeFi Projects to Watch During Dip 6 hours ago by Julia Sakovich · 4 min read Photo: Coinspeaker You have successfully joined our subscriber list. DeFi continues to gain momentum as more in and outside the crypto world understand its immense potential. Take a look at some of the most promising DeFi projects. While Elon Musk and Dogecoin have seemed to dominate crypto headlines lately, for some, decentralized finance continues to prove popular and becomes an even more attractive opportunity to invest as the market is bleeding. DApp Radar revealed in mid-May how Polygon, a top platform for scaling and development on Ethereum, grew by 75,000 users over the past week. Investment into the DeFi field continues even as unique projects keep entering the scene that force investors to engage with new technological areas.

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