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Stablecoins Surpass $111B in Aggregate Value, Now Making up 7.7% of Total Digital Assets Market: Report Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer Noon notes in their weekly update that The Graph recently launched 43 RFPs for different ecosystem initiatives. You may submit an application today in order to potentially receive a grant. As noted in the report, the Aave community has allocated $1 million per quarter to Aave Grants DAO. The program currently liv...

News A team has released WETH10, the latest iteration of the Wrapped Ether token that allows using Ether (ETH) in a DeFi setting. WETH10 carries a host of useful features, the most notable of which is the flash mint, an evolution of the flash loan concept. Flash loans allow users to borrow the entire liquidity pool of a protocol to use as they see fit, without posting collateral. The only limitation is that the loan must be returned in full within the same transaction, otherwise the loan will never exist in the first place. In the DeFi community, flash loans are primarily a tool for arbitr...

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. CoinSwitch Kuber raises $15 million in Series A 13 January 2021 Source: CoinSwitch Kuber CoinSwitch Kuber, India’s fastest growing cryptocurrency investment platform announced that it has closed $15 million (Rs. 109 Cr.) in its Series A funding. The round is led by leading global fintech and crypto investor Ribbit Capital, and San-Francisco based crypto focused investment firm, Paradigm. The deal brin...