Traditional Stock Market Valuation Techniques Reveal Overvalued DeFi Projects

Though cryptocurrencies are difficult to evaluate properly, DeFi protocol revenue allows stock market measures like P/E to be used. While it is difficult to define the intrinsic value of most cryptocurrencies, decentralized finance, or DeFi, tokens appear to be an important exception. As explained by Lucas Campbell, analyst at Fitzner Blockchain Consulting, in his Bankless […]

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BitGo to Provide Custody Services to Indian Crypto Exchange CoinCDX

Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. BitGo — a United States-based firm that claims to […]

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Metal Pay’s New Blockchain Allows Bank and Payment Platform Integration

Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world. Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels.  “It’s a Blockchain that’s integrated into your bank,” Metal […]

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Top Korean Blockchain Platform Joins Celo Alliance

While Facebook’s Libra project appears to have stagnated after facing international pushback from regulators, rival blockchain platform Celo is gaining momentum. Klaytn, the public blockchain platform developed by Ground X, an affiliate of the major South Korean internet company, Kakao, joined Celo’s Alliance for Prosperity on May 8. Celo, a distributed ledger technology, or DLT, […]

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Zoom Acquires Encryption Startup Keybase to Fix Privacy, Security

Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. The acquisition, announced May 7, follows multiple privacy and security-related scandals — including the rise of video […]

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