TransUnion to Provide Credit Scoring on Public Blockchain Networks

TransUnion to Provide Credit Scoring on Public Blockchain Networks

TransUnion, one of the three major US credit reporting agencies, has announced that it will begin supplying credit scoring to public blockchain networks. This marks a significant step forward for the DeFi industry, which has traditionally struggled with credit scoring due to the difficulty of accessing off-chain credit data. Through a partnership with Spring Labs and Quadrata, TransUnion will deliver …

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Ark Fi Launches Mobile App for Decentralized Finance

Ark Fi Launches Mobile App for Decentralized Finance

Ark Fi has introduced a Progressive Web App (PWA) to broaden access to its ecosystem of decentralized finance (DeFi) solutions. The Ark Fi mobile app will allow users to experience DeFi in a more engaging format, providing worldwide access to DeFi yield products and future utilities. The app was introduced after a successful launch of a full suite of DeFi …

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Balancer Slashes Operating Budget and Lays Off Front-End Engineers

Balancer Slashes Operating Budget and Lays Off Front-End Engineers

Balancer, a popular DeFi liquidity protocol, is making significant changes to its brand strategy, which has resulted in a reduction of its operating budget and the layoff of two front-end engineers. During a community call attended by over 20 people, Balancer’s OpCo announced its decision to focus on improving its user interface and marketing efforts. As part of its overhaul, …

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