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Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months
12.4.2022
According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value...
Lack of proper financial services boosts crypto ownership in Nigeria, says report
12.4.2022
One of the main reasons investors across the globe seek to diversify traditional assets into crypto is to counter rising fiat inflation
Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report
11.4.2022
Blue Chip NFT collections such as Azuki, Clone X and Doodles are leading the growth of the steady growth of a market that has traded over $17 billion
Fabric Ventures Completing 2 Web 3 Funds Totaling $245M: Report
11.4.2022
Fabric Ventures is close to completing two Web 3-focused funds worth more than $245 million in total, according to a report by The Block
United States Crypto Lobbyists Making Inroads at State Level – Report
11.4.2022
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.
Per a report from the New York Times, in the Florida House in March, legislators “swiftly gave final approval” to a bill...
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
8.4.2022
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors
FDIC Asks All Banks to Report Crypto Activities
8.4.2022
A top U.S. banking regulator has asked banks to report on their “crypto-related activities,” citing potential “safety and soundness risks as well as financial stability concerns” resulting from exposure to crypto assets
Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok
7.4.2022
Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...
The FDIC wants US banks to report on current and intended crypto-related activities
7.4.2022
The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities
Report: Frustration At Riot After It Drops Vaccine Mandate In Rush Back To Office
7.4.2022
League of Legends maker Riot Games is back to the office beginning this week and not everyone’s happy about it, according to a new report by Waypoint. Following local guidelines, the LA-based company dropped its vaccine and mask mandates even as covid-19 continues to spread, leading one current...
Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
7.4.2022
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced...
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
7.4.2022
There are a bunch of rules that you need to follow, regulator Cathie Armour said talking about the country's policies
Crypto Startup Wyre to Be Bought by Payments Company Bolt for $1.5B: Report
7.4.2022
Payments company Bolt agreed to acquire crypto startup Wyre for $1.5 billion according to a report by the Wall Street Journal Thursday
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
7.4.2022
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...
‘Docklands DAO’ plan to help Melbourne precincts recover from the pandemic
7.4.2022
RMIT Blockchain Innovation Hub has proposed a pilot program for “Docklands DAO” that will help Melbourne precincts recover from the pandemic
Meta may introduce tokens and digital currency lending services to apps: Report
6.4.2022
The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
6.4.2022
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly...
President Biden is preparing to announce picks for SEC commissioners: Report
6.4.2022
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June
Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds
6.4.2022
It appears record-level DeFi exploits have not hurt crypto enthusiasts' confidence in DApps
HSBC debuts metaverse investment fund in Asia: Report
6.4.2022
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March