The gamechanger that even India's richest man Mukesh Ambani swears by
Mukesh Ambani calls it unavoidable, CBSE uses it to secure exam results. Blockchain, the idea that underlies Bitcoin, is powering a diverse range of services and use cases for us. From Web 3.0 (the next phase of the internet which is much more interactive and where users have a greater control over their data) to ride sharing, land record management and elections.
Developer-focused DeFi aggregator Instadapp launches governance token
In a blog post yesterday, decentralized finance (DeFi) management and protocol aggregator platform Instadapp announced the launch of their governance token, INST. While not currently transferable by the average user, the token is set to go fully live later in the year to coincide with a transfer of control over the protocol to a DAO governance process in Q2.
DeFi startup Instadapp raises $10 million in funding
Mumbai: Decentralised finance (DeFi) startup Instadapp has raised $10 million in funding from venture capital firm Standard Crypto, and strategic partners, including Yearn founder Andre Cronje, DeFi Alliance, Longhash Ventures, among others. The company had in 2019 raised a seed round from entrepreneur investors Naval Ravikant and Balaji Srinivasan, crypto-focused hedge fund Pantera Capital and crypto exchange Coinbase.
Instadapp: How two Indian brothers in their 20s put a blockchain startup on the world map
If college dropouts can bloom into tech tsars, ambitious teenagers with their derring-do can also take a shot at redefining entrepreneurial success. A year after he finished school, Sowmay Jain nursed an ambition of becoming a chartered accountant but opted out and so did his brother Samyak Jain, then a first-year computer science student.
Instadapp DeFi Wallet to Launch INST Governance Token
Instadapp stated that its DeFi Smart Accounts (DSA) platform core contracts are now fully audited and live on the Ethereum blockchain. The blog post also detailed the role that the new INST governance token would play for the platform. It also introduced three new concepts-account extensions, decentralized governance, and Layer 2 integration.
Yearn's Cronje Backs $10M Funding Round for DeFi's Instadapp - CoinDesk
The India-based startup will use the funding to continue developing a "middleware" layer for the DeFi ecosystem. Instadapp announced Friday the completion of a $10 million funding round that was led by Standard Crypto and included Andre Cronje, the founder of Yearn.Finance, a crypto investing platform.
DeFi startup InstaDApp raises $10 million in new funding
InstaDApp, a startup aiming to build what it calls the "middleware" layer for the decentralized finance (DeFi) space, has raised $10 million in new
Instadapp Actions Automates DeFi for Liquidation Protection - BeInCrypto
Decentralized smart wallet protocol Instadapp is taking steps to automate a number of DeFi functions to safeguard against collateral liquidation due to market volatility. In partnership with the Gelato Network, the DeFi management platform has launched a new service called Instadapp Actions.