Tag: xend finance

Jun 12 2021

Top Crypto News: 06/11

Some interesting developments took place in the crypto space today. Currently, Bitcoin is up 2.3% and is trading at $36,978. Meanwhile, Ethereum is down 3.2% over the last 24 hours and is trading at $2,340. Now let’s take a look at some of the top crypto news stories for the day....

Jun 05 2021

Top Crypto News: 06/04

Today, Bitcoin unhanded all its weekly gains. During the morning Asian hours, Bitcoin was trading over $39k, but at the time of press, it is trading in the $37k range once again. While we are still trying to ascertain whether it’s the Musk effect or the Sunday effect, most of the altcoins went down with Bitcoin and witnessed some price drops in the...

May 19 2021

Top Crypto News: 05/19

The crypto market witnessed an unbelievable correction today. However, on the positive side, some noteworthy partnerships were fostered. At the time of publication, Bitcoin, the king of crypto, is trading close to $39k. The entire market is in a state of complete fear as the 24-hour low of $30k was recorded. Let us look at some positive crypto news to...

Apr 30 2021

Xend Finance, Dafi Partner to Fight Token Hyperinflation

Xend Finance, the first decentralized finance (DeFi) project from Africa, has announced a collaboration with Dafi Protocol to increase the adoption and utility of its native XEND token. Announcing the partnership via an official blog post, Xend Finance said the...

Apr 05 2021

Top 10 DeFi Updates (03/29 – 04/04)

2020 has been dubbed the year of decentralized finance (DeFi). This narrative, however, is also extending into 2021 as the DeFi space continues to record massive adoption and increase in TVL. To further keep readers informed, this article covers details of ten important DeFi updates that took place last week. These DeFi updates include strategic partnerships, project updates, important launches, etc. 1\. Human...

Top 10 DeFi Updates (03/29 – 04/04)

2020 has been dubbed the year of decentralized finance (DeFi). This narrative, however, is also extending into 2021 as the DeFi space continues to record massive adoption and increase in TVL. To further keep readers informed, this article covers details of ten important DeFi updates that took place last week. These DeFi updates include strategic partnerships, project updates, important launches, etc. 1\. Human...

Mar 31 2021

Xend Finance – Africa’s First DeFi Platform Takes Off

In a first for the African continent, Xend Finance, a Nigeria-based decentralized finance (DeFi) platform, has launched their mainnet. The platform allows users to create cooperatives, as well as Esusu groups, a traditional method by which Africans rotate savings. Founded in 2019 by Aronu Ugochukwu and Abafor Chima, Xend Finance is a decentralized finance (DeFi) platform that provides tools and outlets for a...

Feb 09 2021

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Feb 09 2021 Published at CoinDesk under tags  africa business credit unions defi news

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

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