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APY.Finance raises $3.6M investment from leading investors

​APY.Finance​ (APY), an automated yield farming platform raised $3.6 million in funding according to a release shared with AMBCrypto today.  The funding announcement has come in after APY.Finance CEO, Will Shahda introduced the self-proclaimed ‘wealthfront for DeFi’ in a blog last month, that also mentioned its alpha launch in mid-October. Continuing from the last announcement, though, APY.Finance will go public with the sale of its native APY tokens as an Initial Dex Offering (IDO) this month, however, the release did not mention when the event was dated. With regards to the private funding round, APY.Finance’s list of investors includes cryptocurrency trading…

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Tether launched on Solana blockchain

In a recent announcement today, the widely-used stablecoin tether (USDt) will be launched on Solana, a high-speed blockchain network. This would be the first time a stablecoin has been integrated with Solana and this move will now allow tether holders to exchange their USDt stablecoins at speeds greater than 50,000 transactions per second on the Solana network, the release stated.  Tether to be the first stablecoin to launch on Solana, an ultra high-speed Layer 1 Blockchain! The collaboration between #tether and @solana will enable Institutions to trade $USDt at Nasdaq Speeds, confirming USDt’s pivotal role in supporting innovation in the…

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