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Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users
25.4.2024
Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and...
39% of Institutional Investors in Canada Had Crypto Exposure in 2023: KPMG
25.4.2024
39% of (or nearly 4 in 10) Canadian institutional reported having direct or indirect exposure to crypto assets in 2023.
The post 39% of Institutional Investors in Canada Had Crypto Exposure in 2023: KPMG appeared first on Cryptonews
How CBDCs are Ripple’s best chance of mass adoption?
25.4.2024
CBDCs, or Central Bank Digital Currencies, are digital forms of a national currency issued and regulated by its central bank. They constitute a significant breakthrough in the digital economy, as they simplify transactions, resulting in wider financial inclusion. Ripple, one of the most prominent...
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...
KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023
24.4.2024
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found
Why Asset Tokenization Is Inevitable
24.4.2024
On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
23.4.2024
PRAGMA, a new initiative by the Cardano Foundation, partners with leading blockchain development firms to accelerate open-source adoption. Focused on projects like the Aiken smart contract platform and the Amaru full node, PRAGMA seeks...
Crypto Contributions Exceed $2B in 2024 as Top U.S. Charities Embrace Digital Donations
23.4.2024
Leading charitable organizations in the United States are embracing cryptocurrencies amid the growing adoption of digital assets.
The post Crypto Contributions Exceed $2B in 2024 as Top U.S. Charities Embrace Digital Donations appeared first on Cryptonews
FalconX Launches New Prime Brokerage Service for Institutional Investors to Trade on Exchanges
23.4.2024
Cryptocurrency trading firm FalconX has unveiled a new prime brokerage service designed to facilitate institutional investors' trading activities on exchanges while their funds remain securely held in regulated, bankruptcy-remote custody.
The post FalconX Launches New Prime Brokerage Service...
Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget
23.4.2024
Crypto is gaining steam in the Middle East as changing cultural attitudes about Bitcoin bring more traders into the region's centralized exchanges.
The post Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget appeared first on Cryptonews
ZKasino Faces Controversy for Moving $33M in Investor and User Funds to Lido Staking Protocol
22.4.2024
ZKasino, a blockchain-based gambling project, has found itself at the center of a heated controversy after it abruptly shifted $33 million worth of investor and user funds to the staking protocol Lido.
The post ZKasino Faces Controversy for Moving $33M in Investor and User Funds to Lido Staking...
How can live streaming drive crypto adoption in the sports realm?
19.4.2024
With live streaming, viewers across the globe watch sports games that they love and feel no geographic barriers. Using this technology, sports organizations have come to have a unified world fanbase, becoming a major tool for involving a bigger audience. The digitalization of sports, the rise...
DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
18.4.2024
Time to Take the Reins on Tokenization, or Risk Missing Out
17.4.2024
Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC
What the History of Linux Says About the Long Road to Decentralized Storage Adoption
16.4.2024
Decentralized cloud is the stable end state for computing
Bitcoin First, Not Only: Fostering Widespread Adoption Through Education
15.4.2024
BlockDAG soars to $17M presale following 30,000x ROI projection as Shiba Inu widens adoption while Injective eyes price milestones
15.4.2024
In the rapidly evolving cryptocurrency market, BlockDAG distinguishes itself with a presale soaring to $17 million, bolstered by projections of a staggering 30,000x return on investment. As this innovative platform showcases its robust potential through significant technological advancements...
The Only Path Forward to Web3 Adoption: Unlocking Tech Synergy Through Collaboration
14.4.2024
History has shown that collaboration is a powerful driver of digital innovation, propelled by the exchange of knowledge between scientists and engineers. Indeed, instrumental to the birth of the Internet was the collaboration between Bob Kahn and Vint Cerf in the 1970s, which enabled communication...
Chainlink banks on cross-chain transfer and optimum pricing to drive adoption
12.4.2024
Chainlink has laid down ways in which it is aiming to boost CCIP adoption. One, the plan is to rely on cross-chain transfer, not solely though. Second, implement an optimized pricing method. While cross-chain transfer comes as a boon for ETH and other token transfers, optimized pricing is aimed...