Tag Archives: DeFi

Mercurity Fintech Holding, a blockchain-focused cross-border payments firm, reports Q3 2020 losses, launches DeFi platform

[ad_2][ad_1] Mercurity Fintech Holding Inc., which leverages blockchain or Distributed Ledger Technology (DLT) to assist companies in conducting “instant” cross-border transactions and remittance payments (via banks or financial institutions), has published its third quarter 2020 financial results (for period ending September 30, 2020). Mercurity reports (generally accepted accounting principles) GAAP …

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The international branch of ZK xSigma presents the new Defi project

[ad_2][ad_1] PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ: ZKIN), was launched in 2018 as a blockchain research and development laboratory to solve real-world infrastructure challenges. After two years of intensive research on smart contracts and other blockchain-based solutions, xSigma has shifted its focus to …

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Wrapped Filecoin arrives on DeFi on Ethereum

[ad_2][ad_1] In the letter Anchorage, a cryptocurrency custodian services provider, has partnered with Tokensoft to bring wrapped Filecoin to DeFi markets. Wrapped Filecoin uses third-party custodians to create 1: 1 replicas of Filecoin’s native FIL token on other blockchains, such as Ethereum. Filecoin is also working with other cross-chain wrapping …

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Blockchain backer Nigel Hughes is betting big on Defi Stablecoin

[ad_2][ad_1] Whether backed by fiat, gold or cryptocurrency, interest-bearing, non-collateralized or decentralized, stablecoins have become an important part of the digital asset ecosystem in recent years. Created as an alternative to the inherent volatility of cryptocurrencies like Bitcoin and Ethereum, stablecoins are marketed as viable payment solutions for enterprise blockchain …

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ZK International’s subsidiary, xSigma Corporation, launches its DeFi Blockchain protocol

[ad_2][ad_1] WENZHOU, China, Nov. 25, 2020 / PRNewswire / – ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), a designer, engineer, manufacturer and supplier of patented high-performance stainless steel and carbon steel pipe products used primarily for water and gas supplies, announced today which is …

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