DeFi news

The DeFi space has continued to grow exponentially and is showing no signs of stopping soon. This fast-rising sphere has also experienced a myriad of top-notch updates in recent times.

To keep our readers informed, Altcoin Buzz has published ten of the top DeFi updates that took place last week. These top DeFi updates include strategic partnerships, events, integrations, etc.

1. Harmony (ONE) Protocol Now on CryptoRubic

The popular open-source platform Harmony (ONE) recently entered into a strategic partnership with the CryptoRubic multichain ecosystem. In other words, the Harmony Protocol is now live on CryptoRubic.

Thanks to the integration, users can now easily swap their crypto assets on several top chains. Some of these blockchains include Polygon, Ethereum, Binance, Harmony, and Solana. Users will also have unrestricted access to SushiSwap and ViperSwap DEX.

2. OpenOcean (OOE) Integrates Chainlink Keepers

The world’s first-ever CeFi and DeFi aggregator platform, OpenOcean (OOE), has integrated Chainlink Keepers. The integration will facilitate better limit order and DEX trading on the OpeanOcean aggregator platform.

The integration will start with Binance Smart Chain. However, plans are in place to add more networks shortly.

3. Ferrum Now Advisory Partner of MetaFighter

DeFi platform Ferrum Network is now the advisory partner of soon-to-launch P2E fighting game MetaFighter. Therefore, several possibilities will be brought to life due to the partnership, some of them include;

  • Get an allocation into the $FIGHT pre-sale
  • MetaFighter will also enjoy advisory benefits from Ferrum Network
  • The P2E gaming platform will also have unrestricted access to Ferrum Partners
  • MetaFighter will enjoy access to Ferrum’s white-label technology, etc.

4. FundMovr Adds Support For Fantom (FTM)

The Movr Network has announced the strategic integration of Fantom into its cross-chain infrastructure builder platform FundMovr.

Now, FundMovr SDKs and APIs can be seamlessly integrated into the Fantom (FTM) ecosystem. Therefore, facilitating top-notch user experience across other chains.

5. Oasis Network (ROSE) Now on App

Popular crypto fintech platform has announced support for Oasis Network (ROSE) on its app.

Thanks to the partnership, users can buy $ROSE token directly on the Crypto App with fiat currencies. Moreover, some of the supported fiat currencies include the USD, EUR, GBP, etc.

6. Drone Racing League Launch Crypto Game on Algorand

Drone Racing League, via a partnership, has disclosed plans to launch a Play-to-Earn (P2E) sports game on the Algorand blockchain with Playground Labs. According to the announcement, the partnership will help launch the virtual version of the Drone Race League.

Therefore, the idea is to attract new fans with interesting P2E incentives like NFTs, digital clothes, digital drones, etc.

7. Estonia Reveals Plans to Ban DeFis

Estonia, a once crypto-friendly location, has announced plans to ban DeFis. In a recent announcement, the country revealed that the rise in scam DeFi scam projects is the major reason behind this decision. In addition, it plans to introduce stricter crypto regulations soon.

8. MassBit Now on Polygon

Web3.0 app solution platform, MassBit, has strategically partnered with Polygon Network. Therefore, the partnership will help the development of the Polygon ecosystem. Interestingly, Polygon will also enjoy MassBit’s cross-chain indexing product.

9. WardenSwap Partners With MultiChain (Formerly AnySwap)

Multichain records yet another strategic partnership. Moreover, the Cross-chain Router Protocol (CRP) also known as the “ultimate router for Web3.0”, Multichain has partnered with DEX platform WardenSwap.

Also, the partnership will make it possible for $WAD tokens to move seamlessly between BSC and ETH chains. Notably, Multichain was formerly known as Anyswap.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Copyright Altcoin Buzz Pte Ltd.


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