Payments Startup Wyre Acquires Bitcoin Smart Contract ...

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Coinapult’s main feature is to “lock” down your Bitcoin’s value against one of five assets: gold, silver, USD, EUR, and GBP. Users may then “unlock” the price that they have locked down in the future, thereby avoiding themselves from being exposed to Bitcoin’s volatility. You may also send Bitcoin via email or SMS to users. Crypto payments startup Wyre has acquired 100 percent of Hedgy, a venture-backed bitcoin smart contract development firm, for an undisclosed sum. The deal There are plenty of projects, such as Veritaseum and Hedgy, that are working on allowing businesses, large institutions, and consumers hedge price volatility against other, more stable assets. These solutions could make bitcoin more value as a mechanism for value transfer, as long as bitcoin is able to avoid 30-50% price swings in a single day. Hedgy has received $765,000 USD in funding, and just graduated from the Bitcoin accelerator, BoostVC. Coinapult - Coinapult allows you to lock in the value of your Bitcoin, in comparison to a ... Wyre Payments, the blockchain-based payment services provider has acquired a 100 percent stake in Hedgy, a Bitcoin derivatives startup and a smart contract platform built on top of the Bitcoin blockchain.The size of the deal was not disclosed. Wyre said that its acquisition of Hedgy’s platform technology brings it closer to its aim of offering a derivatives software product that is compliant ... Hedgy is a bitcoin startup that has been working in the shadows for quite some time, but they were finally able to announce the launch of their blockchain derivatives platform earlier this month. With Hedgy, users can hedge the price volatility risk associated with bitcoin via another party in a P2P manner. The company believes their role as a smart contracts oracle can eventually be valuable ...

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HUUGE CRYPTO NEWS Bitcoin Halving 2020, Cardano, Tezos, Binance, Crypto.com, Vechain, Telos, Hive

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