Connect with us

Press Release

Lendefi Finance Announces Adoption Of Reef Chain Ecosystem

Published

on

May 24, 2021 – Lendefi Finance (“Lendefi”) is pleased to announce it will be joining the Reef Finance, (“Reef”) ecosystem to facilitate the operation and growth of its lending protocol.

As an early adopter of Reef, Lendefi believes the decentralized nature of the Reef Chain will provide an ideal platform from which to achieve its protocol development and deployment goals.

Reef is one of the most exciting projects within the DeFi environment. The recent deployment of their Reef Chain Testnet 1 as a Polkadot substrate, demonstrates Reef’s ability to rapidly deliver its decentralized network to the marketplace. Reef’s vision for decentralization is set to shape the way DeFi technologies are implemented.

Lendefi’s strategic partnership with Reef will strengthen its ability to meet their development and deployment objectives. These include the governance launch, broader interoperability and scalability of the protocol. Due to the aligned DeFi vision and development roadmaps between Lendefi and Reef, onboarding Lendefi’s protocol to the Reef Chain represents a symbiotic engagement.

In conjunction with the Reef Chain Developer Support Program, Lendefi will leverage Reef’s advisory on technical support, partnerships and marketing channels. Lendefi intends to deploy its DAO onto the Reef Chain and will utilize support from Reef to achieve this vision.

Value proposition of the Lendefi-Reef relationship

The operation of Lendefi’s protocol on the Reef Chain demonstrates an alignment of development goals within the DeFi environment. Reef’s vision for a decentralized network based upon independent nodes, mirrors Lendefi’s vision for a lending system based on a DAO principle. As both projects grow towards greater decentralization, they are building the foundations for the future of DeFi.

The operation of Lendefi’s lending protocol on Reef Chain will feature:

●  A lending pool operating on the Reef Chain.

●  A bridge to facilitate the conversion of ERC-20 and BEP-20 tokens to REEF-20.

●  An interoperable smart DAO.

In line with their agile development roadmap Lendefi’s protocol will soon achieve their Mainnet deployment milestone. The development of both projects is in alignment with Reef’s aim to deploy DeFi primitives within their ecosystem in the coming months.

“Reef’s chain will provide the true decentralization the Lendefi protocol needs to execute our DAO vision. An alignment of visions provides the foundation for a symbiotic relationship between our technologies.” – Scott Schulz, Lendefi CEO

Lendefi’s innovative protocol is the first of its kind to deliver undercollateralized loans for digital assets. The potential for growth in this market is significant and we are happy to have Lendefi onboard Reef Chain”  – Denko Mancheski, Reef CEO

Lendefi intends to commence work on the Reef chain and is looking for development talent to join us. If you’re a full stack developer with experience in blockchain apply here.

About Lendefi Finance

Lendefi is an innovative new protocol that facilitates leveraged trading through undercollateralized secured loans for digital assets. The Lendefi protocol enables the creation of leveraged investment positions within the DeFi environment. A trustless relationship between lender and borrower is delivered which is managed through the protocol, to remove counterparty risk.

Learn about Lendefi’s recent official news:

I Website I Twitter I Telegram I

About Reef Finance

Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions. Reef Chain supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Reef Finance’s vision is to make it easy to invest in DeFi and to build DeFi applications on top of Reef Chain.

Learn about Reef’s recent official news:

I Website I Twitter I Telegram I

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

CertiK to Showcase Web3 Security Innovations at Hong Kong Web3 Festival 2025

Published

on

CertiK, the leading Web3 security firm, announced its participation in the Hong Kong Web3 Festival 2025, one of the largest and most influential Web3 events of the year. As a key player in blockchain security, CertiK will highlight its largest advancements in smart contract auditing, formal verification, and ecosystem solutions at the event, reinforcing its commitment to safeguarding the Web3 industry.

The Hong Kong Web3 Festival 2025, taking place from April 6–9, 2025, will bring together industry leaders, innovators, and policymakers to explore the latest trends and challenges in blockchain technology. CertiK’s presence at the event underscores its role as a trusted security partner for Web3 projects worldwide.

CertiK enters 2025, following a year of major achievements:

Apple acknowledged CertiK for the sixth time for identifying a vulnerability in Apple Vision Pro’s eye-tracking technology, while Samsung recognized CertiK’s discovery of a high-severity issue in the Blockchain Keystore.
● CertiK completed the first-ever formal verification of the ZKWasm Circuit, a breakthrough in the ZK-proof ecosystem.
● CertiK expanded its security expertise into the Decentralized Physical Infrastructure Network (DePIN) space, working with projects like APhone and Aethir to mitigate security risks.
● CertiK audited six of Forbes’ Top 10 Tokens in the first half of 2024, including TON, Core DAO, PEPE, FLOKI, FET, and Bitget.
● CertiK contributed stablecoin regulatory proposals to the Hong Kong Monetary Authority (HKMA) and Hong Kong’s Financial Services and the Treasury Bureau (FSTB), both of which were approved.
Beyond security, CertiK is actively investing in Web3 growth through CertiK Ventures, a newly launched investment initiative with a multi-million dollar fund dedicated to supporting emerging blockchain projects.

As Web3 adoption accelerates, security remains a top priority for both Web3 projects and investors. CertiK invites attendees to connect at the festival to explore how its cutting-edge security solutions can protect and empower Web3 innovations.
CertiK’s Official Website: https://www.certik.com/

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

About CertiK

CertiK is a pioneer in blockchain security, utilizing industry-leading formal verification technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the Web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.

One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with more than 4,800 enterprise clients, secured over $530 billion worth of digital assets, and detected more than 115,000 vulnerabilities in blockchain code. Our clients include industry-leading projects such as Aptos, Ripple, Sandbox, Polygon, BNB Chain, and TON.

CertiK is backed by InsightPartners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures,
Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital, and other investors.

Follow Discord, Telegram, and Twitter for the latest news and announcements.

Continue Reading

Press Release

TiDB Sponsors HK Web3 Festival 2025: Empowering Web3 Innovation and Infrastructure

Published

on

For the third consecutive year, TiDB is proud to sponsor the HK Web3 Festival 2025, a global gathering of Web3 pioneers and industry leaders. This premier event highlights the latest developments in decentralized technology and its transformative potential across industries.

As a leader in data management solutions for Web3 infrastructure and wallet services, TiDB plays a pivotal role in driving innovation within the decentralized ecosystem. From managing massive on-chain data to enabling real-time queries analytics for DeFi and NFT platforms, TiDB empowers developers and businesses to unlock new opportunities in the Web3 space.

The Growing Importance of On-Chain Data Services

Web3 is reshaping the internet by leveraging decentralized technologies and smart contracts. At the heart of this evolution are on-chain data services, which act as the backbone for countless Web3 applications. These services are critical for:

  • Unlocking Blockchain Value: Blockchain data holds immense untapped potential. Data service providers extract actionable insights from this “gold mine,” offering solutions that drive business value.
  • Preventing Redundancy: Web3 fosters knowledge sharing. By enabling developers, companies, and wallet users to access shared data services, TiDB reduces repetitive efforts.
  • Driving Competition and Innovation: In the race to solve industry pain points, data providers delivering the fastest and most effective solutions gain a competitive edge.
  • Supporting dApp Development: On-chain data services power decentralized application (dApp) development, fostering creativity and growth within the Web3 ecosystem.
  • Improving Data Usability: Professional data solutions ensure blockchain data is consistent, accessible, and easy to use, helping developers, businesses, and users harness its full potential.

TiDB: The Backbone of High-Performance Web3 Data Services

TiDB is an open-source, distributed SQL database designed to handle the unique workload requirements of Web3. With its ability to scale efficiently, manage large-scale data, and deliver high-performance analytics, TiDB is uniquely suited to support the demands of decentralized applications and infrastructure.

For a deeper dive into how TiDB is shaping the future of Web3 data services, read our whitepaper here.

Join Us at HK Web3 Festival 2025

KV

Visit TiDB at Booth H18 during the HK Web3 Festival 2025 to explore the future of blockchain and discover how our database solutions are driving innovation in the Web3 ecosystem. Let’s shape the future of decentralized technology together!

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

Continue Reading

Press Release

Digital Revenue World: Your Trusted Guide in the Cryptocurrency Investment Landscape

Published

on

In an era where the cryptocurrency market is evolving at an unprecedented pace, investors and enthusiasts are constantly seeking reliable, in-depth, and actionable insights to navigate this dynamic landscape. Enter Digital Revenue World, a comprehensive platform dedicated to empowering cryptocurrency investors with expert analysis, detailed reviews, and cutting-edge market insights.  

With over 15,000 cryptocurrencies evaluated, Digital Revenue World has established itself as a trusted resource for both seasoned investors and newcomers alike. The platform offers a wide range of services tailored to meet the unique needs of the crypto community, including in-depth reviews of cryptocurrencies, exchanges, wallets, and security protocols. By delivering meticulously researched insights, Digital Revenue World ensures that its users are equipped with the knowledge they need to make informed investment decisions.  

“Our mission is simple: to provide clarity and confidence in the often complex world of cryptocurrency investing,” said the Digital Revenue World team. “We carefully evaluate each cryptocurrency, analyze market trends, and deliver reliable comparisons to help our users stay ahead of the curve. Whether you’re looking to diversify your portfolio or explore new opportunities, we’re here to guide you every step of the way.”  

What Sets Digital Revenue World Apart?

Digital Revenue World stands out in the crowded cryptocurrency space by offering:  

  1. Expert Analysis: A dedicated team of professionals conducts thorough evaluations of cryptocurrencies, ensuring users have access to accurate and up-to-date information.  
  2. Comprehensive Review*: From emerging altcoins to established giants like Bitcoin and Ethereum, the platform covers a wide spectrum of digital assets.  
  3. Market Trends and Insights: Stay informed about the latest developments, trends, and opportunities in the crypto market.  
  4. Security and Trust: With a focus on security, Digital Revenue World provides valuable guidance on safeguarding investments and navigating the risks associated with digital assets.  

The platform’s user-friendly interface and commitment to transparency have made it a go-to destination for cryptocurrency enthusiasts worldwide. Whether you’re exploring new investment opportunities or seeking to optimize your existing portfolio, Digital Revenue World offers the tools and insights you need to succeed.  

Join the Digital Revenue World Community

Digital Revenue World is more than just a platform—it’s a community of like-minded individuals passionate about the future of cryptocurrency. By connecting with Digital Revenue World on Facebook and Instagram, users can stay updated on the latest reviews, market trends, and expert advice.  

“We believe that knowledge is power, and our goal is to empower our users to make confident, informed decisions,” the team added. “Cryptocurrency investing doesn’t have to be overwhelming. With the right resources and guidance, anyone can navigate this exciting space and achieve their financial goals.”  

For more information, visit https://digitalrevenueworldcoin.com/ and join the growing community of informed investors today.  

About Digital Revenue World

Digital Revenue World is a leading platform offering comprehensive cryptocurrency reviews, market insights, and expert analysis. With over 15,000 cryptocurrencies evaluated, the platform is dedicated to helping investors make informed decisions and navigate the ever-changing world of digital assets.  

Website: https://digitalrevenueworldcoin.com/  

Continue Reading

Trending