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Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom
4.11.2024
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein
22.10.2024
Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said
Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report
16.10.2024
The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023
FBI accused of violating MIT License in smart contract code usage
10.10.2024
The FBI has faced claims over the improper use of OpenZeppelin’s libraries in its smart contracts, sparking legal concerns
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
17.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups...
Inferno Drainer usage triples as crypto scams soar in 2024
29.8.2024
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July
Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
14.8.2024
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion....
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
19.7.2024
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more
Tether hires Chainalysis’ chief economist for USDT usage reports
15.7.2024
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators
China leads the world in gen AI adoption but falls behind in full implementation
9.7.2024
A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology
‘Secrecy of Crypto Usage’ Drives Youth Cryptocurrency Adoption, Says Nigerian Regulator
29.6.2024
According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchange Commission (SEC) will continue to caution users about the potential risks...
India’s Digital Rupee Usage Drops Drastically After Initial Surge
26.6.2024
India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in the pilot project. The Reserve Bank of India (RBI) initially reached 1 million daily retail...
Meta faces backlash in EU for AI data usage without user consent
6.6.2024
The complaints claimed that Meta’s recent privacy policy changes would allow the company to utilize years of personal posts, private images, and online tracking data for its AI technology
EU watchdog urges banks to prioritize clients in AI usage
31.5.2024
The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID
Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years
23.5.2024
The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.
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Which countries dominate Steam bandwidth usage in 2024?
29.4.2024
We have the data, direct from Valve. Also: Xbox analysis and lots of news
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
23.4.2024
Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal...
PDVSA to raise the usage of Tether stablecoin
23.4.2024
PDVSA, a state operated oil company in Venezuela, is preparing itself for raising the usage of Tether stablecoin for the export of crude and fuel oil, since the US now intends to introduce sanctions on the country, as per a report issued by Reuters. A short while back, a statement released...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
16.4.2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...