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Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly


One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...

Highs, Lows, Flipping, Bridging and 20 Crypto Jokes


This week in the Cryptoverse, bitcoin mining difficulty hit a new all-time high and rose further, RyanAir CEO said to avoid bitcoin like a plague, deVere Group CEO said that 2020 was a breakout year for bitcoin, and Snappa joined the group of companies diversifying their cash holdings into bitcoin....

Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC


An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal? The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy. A recently...

'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Business news Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...

Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center


China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...

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