Insured Finance Takes Another Step Closer to Becoming the Preeminent Decentra...
Risk coverage is one of the most identifiable use cases that decentralized finance enables, paving the way for a multi-billion dollar industry based on the widespread hacking and fraud that takes place within the blockchain market. Insured Finance introduces a platform to mitigate these losses once and for all, enabling anyone to take out or […]
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In what seems to be a significant step forward, ARK Invest/ 21Shares has submitted an updated version of its spot Bitcoin Exchange-Traded Fund (ETF) prospectus. This move follows after the SEC reached out to issuers a few weeks prior with comments and questions about their S-1 filings. Why A Spot Bitcoin ETF Draws Closer Bloomberg’s […]
PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity and scaling their wealth. Decentralized Finance (DeFi) has created a surge of opportunities for investors worldwide. As more and more people turn their attention towards digital assets and the FinTech revolution, iBG Finance is making it easier for the common individual to make the most out of this space....
CoinHako, which bills itself as "the easiest way to buy and sell Bitcoins in Singapore," is now also the safest way to store them, as they have contracted with BitGo to secure their wallet. BitGo, as CCN readers may be aware, is the world's leading secure Bitcoin wallet, insured by XL Group. CoinHako was excited to announce the new partnership, which will insure their customer's holdings against loss by theft or hacking. In a press release this morning, they said: We believe this is a big step forward for the industry, given the recent occurrences in other exchanges like Mt. Gox. Our....
Yearn.finance’s YFI governance token has been inching closer and closer to the $30,000 level for the past few days and weeks, with the selling pressure here proving to be somewhat significant on multiple occasions. Overall, the crypto’s price is currently caught within a holding pattern similar to that seen by Bitcoin and Ethereum, Until the […]
FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption? Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they were regular savings accounts. While so far, no crypto firm has been able to offer depositors this type of insurance, some speculate it could be the key to mass adoption.The most notable case is that of bankrupt lender Voyager Digital, which saw regulators instruct....