‘Bitcoin fixes this’ — Here’s why BTC is better than Fort Knox gold

Yearn.finance’s native governance token YFI became the first-ever altcoin to surpass the price of Bitcoin (BTC) on Aug. 20. It spiked to as high as $13,444 on Binance, fueled by the growing demand for Decentralized Finance, or DeFi.The sentiment around YFI’s vertical rally since early August remains mixed. Some believe YFI is primed for a…

The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap the total SNX token supply at 300 million. The Synthetix protocol allows traders to issue synthetic versions of crypto native assets, traditional financial assets, and commodities on the Ethereum…

According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply. 189 Total views 18 Total shares A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the…

Intercontinental Stock Exchange (ICE), the parent company of the New York Stock Exchange (NYSE) hinted it was adding a slew of new coins to its Cryptocurrency Data Feed in a tweet on March 14.Launched in January 2018, the Cryptocurrency Data Feed is a service offering real-time digital currency information, covering prices and order books. The…

U.S.-based exchange Gemini announced hardware key compatibility for its mobile application, bolstering security capabilities for customers. 1891 Total views 20 Total shares Gemini revealed hardware security key functionality for its mobile application, giving customers compatibility with devices such as YubiKey for added security. Thanks to WebAuthn compatibility on Gemini's app, iOS and Android "Gemini customers can…

Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13.Per the release, Plaid has developed a network that allows users to easily connect their financial accounts to the apps they use to manage their financial lives.The firm’s products reportedly allow for convenient sharing of financial…

The sandbox will match up public and private sector projects with the appropriate participating regulators for assessments and consultations. 54 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a…

American payment services giant Visa Inc. is acquiring Ripple partner Earthport Plc, a payment network for cross-border transactions, Reuters U.K. reported Dec. 27.Founded in 1997, London-based Earthport is a financial services firm that offers cross-border payments service to banks and financial institutions. Earthport is a partner of tech company Ripple, where the partnership is aimed…