Middle East Venture Partners was the lead investor, with other participants, including Coinbase, Vision Ventures, and DIFC Fintech Fund. Rain Financial raised a total of $6 million but did not disclose the final valuation. Coinbase Makes it Rain Rain is the first licensed cryptocurrency platform in the Middle East and has been approved by the … Continued

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BackgroundToken models have matured significantly since 2017. After the ICO craze of 2017/2018 spawned a generation of utility tokens for medium of exchange use cases and obscure means of value capture, the bear market of 2018/2019 killed off most of the speculative value from these tokens and challenged their raison d’être. Beginning in 2018, we […]

Insurance policies are relatively new phenomena in the digital asset markets. It was only recently that some exchanges have started to provide fund...

WBTC is a way for Bitcoin to run on the Ethereum blockchain. Performing quick and affordable transactions using Bitcoin (BTC) has...

One of the drawbacks of decentralized finance (DeFi) protocols today is that you need different platforms to perform specific functions instead...

-DeFi markets close in on $4 billion total value locked. -Compound passes two new proposals on its governance system. -Aave upgrades its...

Dharma Protocol is giving dApps and centralized crypto-exchanges a run for their money: By allowing all Uniswap listed assets to trade on its...

After the DeFi project Balancer got hit by a $500,000 hack earlier this week, other projects have seemingly taken notice and changing rules...

The daily distribution of the Compound protocol’s COMP token will soon change dramatically. Compound governance proposal #11 passed today at 18:37 UTC. It will...

The token for the decentralized finance (DeFi) app Compound, COMP, hit an all-time high of $231 on Friday. Now startups built on top...

One of the world’s most popular automated finance platforms, Compound, is preparing to distribute tokens as part of its ongoing governance proposal. The Compound...

Hackers breached systems of Indian video on demand giant ZEE5 and threatening to sell the data on the dark web markets. A hacker...