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Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to G20
11.12.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil will discuss using digital currencies for financial...
Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion
8.12.2023
Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...
El Salvador Partners Tether to Launch Freedom Visa On Bitcoin and USDT Investment
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has announced a citizenship-by-investment scheme powered by Tether, the company behind stablecoin, USDT that allows people to acquire citizenship through Bitcoin (BTC) and USDT investments. The stablecoin issuer disclosed...
Market Analysts Spot Potential in an Under-the-Radar Coin – Is It Undervalued?
8.12.2023
yPredict.ai emerges as a beacon of clarity, offering a suite of analytical tools and platforms crafted by a coalition of AI/ML (artificial Intelligence and machine learning) specialists, financial quants, and seasoned traders. This innovative ecosystem is designed to cut through the cacophony...
Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...
Merit Circle DAO Partners with Immutable for Web3 Gaming and Trading Development
7.12.2023
Source: Immutable Merit Circle DAO and Immutable have announced a strategic partnership to develop the web3 gaming ecosystem, emphasizing blockchain technology and digital asset ownership. The collaboration involves launching Merit Circle’s gaming subnet, Beam, on Immutable’s zkEVM,...
UNDP and Algorand Foundation to Launch Blockchain Academy in Q1 of 2024
6.12.2023
The United Nations Development Programme together with the Algorand Foundation are set to launch a blockchain academy in the first quarter of 2024. The objective of the academy is to provide the UNDP’s employees “with knowledge and insights into the applications of blockchain...
South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’
6.12.2023
Source: Tatyana Maksimova/Adobe South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT. According to the broadcaster KBS, officers arrested seven people in raids, with one remanded...
Institutional Traders Split Between Bitcoin and Ether, Skeptical of Altcoins: Bybit Research
4.12.2023
Source: nuttapon / Adobe Stock A recent report from Bybit Research reveals insights into the sentiment and asset allocation of institutional traders in the cryptocurrency market during the first three quarters of 2023. The Bybit Research report delves into the asset allocation strategies...
German and US consumer confidence: Latest insights
4.12.2023
Consumer confidence and sentiment are important economic indicators for the foreign exchange market. The consumer confidence index (CCI), conducted every month, determines consumer sentiment by measuring spending plans for large purchases such as cars and real estate. This indicator evaluates...
17 Best Crypto ICOs to Invest in 2024
4.12.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. An initial coin offering, or ICO, is a popular way for crypto projects to generate publicity and raise capital. Much like crowdfunding, ICOs allow...
What is the Next Cryptocurrency to Explode in 2024? Top 17 Contenders
4.12.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Many investors are looking for the next crypto to blow up. However, with so many crypto projects in the market, it can be hard to make a definitive...
Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments
4.12.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign exchanges, and the Fintech...
Cambridge Study Unveils Ethereum’s Environmental Impact Post-Merge, Highlighting Major Energy Reduction
3.12.2023
The transformation of the Ethereum network, popularly known as ‘The Merge,’ marked a significant shift in the blockchain’s energy usage and climate impact. A detailed report by the Cambridge Centre for Alternative Finance (CCAF) meticulously dissects this journey, offering...
Report: Bankman-Fried Struggles With Extortion Attempts Behind Bars in Brooklyn’s MDC
1.12.2023
Sam Bankman-Fried (SBF), previously a key figure in the crypto sphere, encountered a stark contrast to his past life at the Metropolitan Detention Center (MDC) in Brooklyn. Gene Borrello, a past mob enforcer for the Bonanno crime family, shared insights with journalist Tiffany Fong about the daily...
Illuvium Joins Blockchain Gaming Partnership With Esports Powerhouse Team Liquid + More News
1.12.2023
Source: Illuvium Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Illuvium Partners With Global Esports Powerhouse Team Liquid Nansen Unveils Nansen 2, AI-Powered Features, and Investment...
Crypto Analysts are Stacking This Dark Horse AI Crypto Token Before it Lists on Exchanges – Here’s Why
30.11.2023
yPredict uses AI to provide crypto traders with predictive insights. Image by Kerem Goktug Kaya, DALL-E 3. Artificial intelligence has become integral across industries, transforming how businesses operate. The crypto sector is no exception, with AI powering innovation in trading strategies....
South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids
30.11.2023
Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people. Per Chosun Ilbo, the Daegu Police Agency’s metropolitan investigation unit arrested 44 people connected to a suspected...
Economist Steve Hanke: US Dollar Weaponization Has Powered Record Central Bank Gold Purchases
28.11.2023
Steve Hanke, professor of applied economics at Johns Hopkins University, has discussed how U.S. policies have driven central bank gold purchases to record levels this year. In an interview, Hanke stated that these purchases were motivated by the weaponization of fiat currencies like the dollar...
Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization
27.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Libertarian Javier Milei wins the runoff election in Argentina, reinforcing his intention of eliminating the central bank. Also, the digital real...