Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding

Reading Time: 3 minutes Singapore, Singapore, 20th July, 2022, Chainwire Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital,…

Zharta Raises $4.3 M to Speed Growth in Instant NFT Lending

Reading Time: 3 minutes Lisbon, Portugal, 20th July, 2022, Chainwire DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go…

Gemini Lays Off More Employees

Reading Time: < 1 minute US-based crypto exchange Gemini has cut its staff even further after laying off about 10% of its staff recently.

SkyBridge Suspends Redemption of Shares of One of its Funds

Reading Time: < 1 minute SkyBridge Capital has suspended the redemption of Legion Strategies fund shares after a collapse in stock prices and cryptocurrencies.

Singapore Will Implement a Stricter Crypto Regulation

Reading Time: < 1 minute The authorities of Singapore plans to expand the regulation of cryptocurrencies to cover more types of activities in order to limit the risks of investors.

Symmetry Protocol Releases Solana’s First Asset Management Infra

Reading Time: 2 minutes Paris, France, 20th July, 2022, Chainwire DeFi protocol Symmetry has released the first on-chain asset management infrastructure on Solana called Symmetry Engine, announced on Twitter on Tuesday.  Symmetry Engine is…