What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. One of the most interesting things emerging from this particular bear market has been a concept known as “decentralized finance,” manifested primarily by…

Binance Partners With IdentityMind for Enhanced Compliance and Security

Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols. The companies announced the deal on March 26, 2019, calling it “a joint mission to help raise the industry’s standard.” Founded in 2014, IdentityMind provides anti-money laundering services,…

VeriBlock’s Bitcoin-Backed Security Protocol Goes Live

After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security. Now that it’s live on the mainnet, VeriBlock’s model extends the Bitcoin blockchain’s security protection from 51-percent attacks to non-Bitcoin blockchains by linking them…

Samourai Wallet Adds Tor Integration in Privacy Push

Samourai Wallet announced this month that its latest update supports Tor integration, offering additional privacy for users. What Does Tor Integration Enable? In a conversation with Bitcoin Magazine, Samourai’s lead developer, who is known simply as “TD,” gave a rundown of the Tor integration. He explained that using the Tor integration before creating a new…