DeFi
“Glue Hub” Launches to Make DeFi Accessible to Everyone
Screenshot of Market Analysis in Glue Hub
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ZUG, Switzerland, June 19, 2024 (GLOBE NEWSWIRE) — Gluea leading user-centric blockchain security ecosystem, is proud to announce the launch of The glue center. This innovative all-in-one web application hub serves as a central platform for managing cryptocurrency assets, accessing investment analytics, trading cryptocurrencies, and using a wide range of decentralized finance applications.
The glue center is designed to offer real-time market data and analysis, like the popular Bloomberg Terminal, allowing users to make informed decisions regarding their cryptocurrency investments. Unlike centralized exchanges such as Coinbase or Binance, all transactions on The Glue Hub are carried out on the blockchain, ensuring that users’ funds are securely stored in their individual wallets rather than held by Glue.
“In light of the challenges faced by exchanges like Celsius and FTX, we recognized the need for a platform that offered the ease of use of a centralized exchange while still giving users control and security of their funds.” said Ogle, co-founder of Glue.
The initial release includes the following key features:
- Real-time price updates for thousands of cryptocurrencies
- Market capitalization data
- Trading volume information
- Historical price charts and data
- Circulation and total coin supply information
In the coming months, The Glue Hub will be enhanced with additional features such as account and wallet management, crypto asset transfers and trading, interest earning opportunities and access to a large database of information data on cryptocurrencies.
“Our mission with The Glue Hub was to create a platform that combines ease of use, advanced security and practical features. By eliminating technical barriers, we enable all users to confidently engage in the crypto market,” added Ogle.
About glue
Founded in Switzerland, Glue is a blockchain ecosystem aiming to democratize decentralized finance (DeFi) by making it more accessible to everyone. Built with a focus on security, adaptability and usability, Glue includes a core layer 1 blockchain, three additional layer 2 solutions, an application hub and an innovative service layer for enhanced functionality.
Glue’s mission is to facilitate the adoption of blockchain technology by providing a user-friendly ecosystem similar to centralized exchanges and online banking. To protect user assets, Glue uses several security measures, including cryptocurrency-friendly two-factor authentication, regular audits, and a dedicated security fund to facilitate the recovery of stolen assets.
Co-founded by a crypto-security expert Peeping and former ad tech executive Instant, Glue benefits from more than three decades of combined experience in successful technology companies. In March, Glue secured $2.6 million in crowdfunding from Fjord Foundry, bringing its valuation to approximately $1.4 billion and its total equity funding to approximately $5 million.
For more information about Glue, visit its website. You can access the official Glue whitepaper here.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0a948a-1a8a-4260-b69b-765e63e57b2c
