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DeFi Innovations

Archived coverage · Forkast crypto archive

  • DeFi Innovations

    Chinese blockchain Conflux partners with GIGXPAD to tokenize real-world assets in Africa

    GIGXPAD, a decentralized finance (DeFi) project based in Africa, is partnering with public blockchain network Conflux to tokenize real-world assets, according to a company statement shared with Forkast.News. Fast facts The collaboration, which marks the Chinese blockchain Conflux’s first use case in Africa, will see GIGXPAD deploying a decentralized crowdfunding platform on Conflux. According to […]

    Michelle Lim

  • DeFi Innovations

    Umbrella Network acquires platform for transparency in digital media buying

    Umbrella Network, a decentralized oracle, has acquired Lucidity, a blockchain-based advertising and analytics platform, to bring more data transparency to advertisers, according to a company statement. Fast facts The acquisition was completed in August 2021 for an undisclosed amount, according to the company statement. Lucidity will be integrated with Umbrella Network as part of the […]

    Michelle Lim

  • DeFi Innovations

    BIS Innovation Hub, 4 central banks in CBDC test for cross-border transactions

    The Bank for International Settlements (BIS) Innovation Hub together with the central banks of Australia, Malaysia, Singapore and South Africa today announced they will be collaborating to test the use of central bank digital currencies (CBDCs) for international settlements. Fast facts According to a joint statement, the pilot is part of Project Dunbar, a wholesale […]

    Michelle Lim

  • DeFi Innovations

    Websites can now have ETH sent directly to their domain name

    Anyone who owns a website is now able to receive crypto payments directly to their domain name, as Ethereum Name Service announces full integration with the centralized web. Fast facts Making the announcement on Twitter Friday morning, the new upgrade will bring interoperability between the centralized web and the blockchain-based ENS system. The internet currently […]

    Lachlan Keller