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Evercore Says PayPal’s Crypto Offering Could Bring Big Business Boost

Evercore Says PayPal’s Crypto Offering Could Bring Big Business Boost

An Evercore analyst named PayPal as the top payments stock and said its recently launched cryptocurrency offering could boost margins.

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A litigation financing investment token has launched on Avalanche’s blockchain

The Avalanche blockchain is hosting a new kind of token designed to allow retail investors to invest in the outcome of lawsuits.

The post A litigation financing investment token has launched on Avalanche’s blockchain appeared first on The Block.

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How the Incoming Administration Can Fix Crypto Regulation

From securities law to DeFi, there’s a lot for U.S. regulatory agencies to clarify about crypto in the year ahead.

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Band Protocol Becomes First Blockchain Project to Join OpenAPI Initiative

Band Protocol will help create a common standard enabling blockchain applications to easily leverage APIs and data.

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Buterin Warns Followers Not to Take Out Personal Loans to Buy Crypto

Ethereum founder Vitalik Buterin took to Twitter to warn his followers not to take personal loans to purchase cryptocurrencies.

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First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

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Crypto Is Booming in Economically Challenged Argentina

Argentina’s crypto industry saw record trading volumes this year, amid the COVID-19 pandemic and economic hardship.

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Mergers Position Yearn Finance as the Amazon of DeFi

Yearn Finance looks like it could assemble the Amazon of DeFi. If it does it, it will get there like everything else in crypto: way faster.

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CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens

Nexus Mutual’s CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.

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A look at this year’s performance of national currencies

Quick Take

  • 2020 has been a turbulent year; even for national currencies
  • In March, USD was the strongest since January 2017 and since then, it has dropped to the lowest point since April 2018
  • Out of the top 20 currencies, only six underperformed the U.S. dollar in 2020 — INR, MXN, ZAR, RUB, BRL, and TRY
  • Due to the falling dollar, neither EUR, GBP nor JPY all-time highs have been breached this year yet; JPY by more than 10%

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