Temenos to Offer Institutional Clients Crypto Services
- The banking software provider decided to integrate with Taurus to provide its customers with access to crypto services.
- The more than 3,000 Temenos institutional clients will now be able to use services such as tokenization, staking, DeFi, trading and custody of crypto.
Last Week in DeFi: Balancer V2, Alpha Finance Oracle Aggregator, SushiSwap Token Launchpad
- Balancer expects a gradual migration from V1 to V2, while Alpha Homora is preparing for the next major stage of development.
- SushiSwap launched its own token launchpad, Compound and Uniswap announced grant program developments, and DOGE gets listed on PancakeSwap's pools.
1inch Network Expands to Polygon
- Initially only five pools will be available to 1inch users, though more will be added over time.
- The move was in response to a massive request from the community to make Polygon available for swapping via 1inch.
.Crypto Domains Now Available on Brave Browser
- Brave's support for .crypto domains was enabled through an integration with domain name provider Unstoppable Domains.
- Both Android and desktop Brave users will now have access to more than 30,000 decentralized sites and over 700,000 blockchain domain names.
Diem Moves Away from Switzerland, Partners With Silvergate
- The Diem Association has withdrawn its application for a payment system license in Switzerland, and will now register as a money services business with FinCEN.
- The association has also partnered with crypto friendly bank Silvergate, which will issue the Diem USD stablecoin and manage its reserves.
MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.
- The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
- While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.
Hashdex Secures $26M From Coinbase, SoftBank
- The funding round was led by Valor Capital, and was joined by the VC arm of Coinbase and SoftBank.
- The fresh $26 million will help Hashdex expand abroad, and increase its team by as many as 75 members.
Balancer Launches V2
- Balancer expects its V1 to provide better prices, until a substantial amount of liquidity migrates to V2.
- V2 will put all assets within one big vault, meaning users will have to pay gas only for going into and out of Balancer.
Nebraska Advances Bill to Allow Banks to Offer Crypto Services
- The bill aims to adopt the Nebraska Financial Innovation Act and create digital asset depository institutions.
- The initiative could make Nebraska the second U.S. state to set up a formal charter for crypto-powered bans, the first being Wyoming.
Last Week in DeFi: Uniswap V3, SushiSwap Lending Dapp, Vesper Fund Collaboration
- The long-awaited Uniswap V3 is now live on the Ethereum mainnet, as is SushiSwap's lending feature, BentoBox.
- The bull run has continued throughout this week as well, with most DeFi tokens growing in value, in accordance with total value locked.