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Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
24.1.2024
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin...
Vitalik Buterin’s Zuzalu Retreat Spurs Ethereum-Backed ‘Zu-Villages’ – What’s Behind This Mysterious Gathering?
22.1.2024
The exclusive Zuzalu blockchain retreat started by Vitalik Buterin is now funding new invite-only pop-up cities globally. Image by Kerem Goktug Kaya, DALL-E 3. Last year in May, Ethereum co-founder Vitalik Buterin helped organize an exclusive two-month gathering called Zuzalu in Montenegro. Around...
IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)
20.12.2023
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations...
Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit
20.12.2023
Source: Adobe / Ascannio Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team...
Ethereum Smart Contract Framework Updated to Combat Security Concerns
18.12.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...
Bitcoin Price Prediction: Struggles at $43,400 Amid Fed’s Market Impact
15.12.2023
In the ever-shifting landscape of cryptocurrency, Bitcoin encounters resistance at the crucial $43,400 mark, forming a challenging double top pattern. This movement comes amid a backdrop of the Federal Reserve’s nuanced monetary balancing act, which has sent ripples across financial markets...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Coinbase CEO Says Binance Settlements Allow Crypto Industry to ‘Turn the Page’
29.11.2023
Coinbase CEO Brian Armstrong says the enforcement action against Binance has allowed the crypto industry to “turn the page.” He emphasized: “There are many, many companies in crypto that are helping build the crypto economy and update our financial system globally. But many of them...
EU Parliament Tasks Members to Take Leading Role in Metaverse-Tech Implementation
28.11.2023
Source: AdobeStock / Grecaud Paul The European Union (EU) parliament has called on member-states to take the lead in the creation of digital worlds in terms of strategy and technology implementation. In a Nov 29 press release, the body urged relevant parties in the jurisdiction to take charge...
Binance’s New CEO Teng Commits to More Regulatory Collaboration – Is This a New Chapter for Binance?
27.11.2023
Image Source: Binance Following his appointment as the new CEO of the world’s largest crypto asset exchange on November 22, Richard Teng has outlined his vision for the platform going forward. In his first-ever blog post, Teng revealed that the Binance exchange would be focused...
Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally
22.11.2023
Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able...
LBank Unveils Third Launchpad Featuring ACGN Protocol’s AIMEME Token
21.11.2023
PRESS RELEASE. LBank, a globally leading cryptocurrency trading platform, is set to make waves in the digital currency space with the official launch of its highly anticipated Launchpad on November 30, 2023. The focal point of this unveiling is the introduction of ACGN Protocol’s AIMEME...
Strike Rolls Out Bitcoin Purchases To Users Globally
16.11.2023
Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday
NHL Dives Into NFT Market With ‘Breakaway’ Platform, Amidst Shifting Digital Collectible Trends
15.11.2023
The National Hockey League, the NHL Players’ Association, and the NHL Alumni Association have collaborated with the non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, a digital collectibles platform. The NHL says the collectibles enable fans globally to collect, gift, trade,...
Kevin O’Leary Says Binance Could Lose Half of its Customers to Abu Dhabi’s M2 Exchange
15.11.2023
Image Source: CNBC Shark Tank star Kevin O’Leary has predicted that Abu Dhabi’s M2 exchange could pose a significant threat to industry giants. According to O’Leary, M2 will emerge as the largest regulated crypto exchange globally as it is backed by substantial capital and...
Bank of America: CBDC Adoption Grows Globally, but Digital Dollar Not Imminent
15.11.2023
Source: iStock/E_Y_E The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America. In a Monday report, analysts led by Alkesh Shah said that central banks for 67% of countries are exploring central bank digital currencies...
Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
15.11.2023
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail
Bitcoin Wallets Created Before 2016 May Be Vulnerable – Billions at Risk?
15.11.2023
Source: AdobeStock / Zerbor The US-based cybersecurity firm Unciphered has warned users globally that their bitcoin (BTC) wallets created before 2016 may be in danger – as are billions in BTC. Early crypto adopters and participants in a number of blockchain platforms between 2011-2015 may...
Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024
8.11.2023
Source: AdobeStock / l_martinez Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported. Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard...