A look at the cryptocurrency market, with all its hype, failed ICOs, and questionable players, reveals an ecosystem comparable to that of the miners in the 1800s. In such an ecosystem, will a market for businesses providing tools and services (such as APIs) to the blockchain world thrive?
Wyre, an API-first fintech company that specializes in blockchain payment services, has announced an API for its new savings account product that is intended to provide an annual return that is significantly higher than most savings accounts that rely on traditional currencies.
Coinbase announced the launch of Rosetta. Rosetta is an open source specification and set of associated tools that helps developers integrate blockchain into the applications and systems. Since its founding, Coinbase has preached the need for openness, and Rosetta is the next logical step.