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Berlin: The Center for Decentralized Finance – and Techno Music
27.6.2023
When the tech hub of Europe meets a society that prizes financial autonomy, the result is a crypto community that practices the very decentralization it preaches. Case in point: Blockchain Week Berlin, the flagship annual conference of the No. 10 spot in CoinDesk’s Crypto Hubs 2023, is...
Los Angeles: Where Hollywood Magic and Creativity Meet Web3
27.6.2023
The City of Angels is a global influencer in art, fashion and, especially, entertainment. Less known are its significant contributions in technology innovation. Together, the No. 11 spot on CoinDesk’s Crypto Hubs 2023 is a Web3 power. Plus it has the best movie stars
New York City: A Crypto Sandbox in a Big Business Playground
27.6.2023
The Big Apple is big everything. The world’s financial center, it also has a huge population not only of talented developers to hire, but consumers to sell to. In such a huge and bustling ecosystem, crypto may not rate as the city’s highest priority. But like it or not, the No. 12 spot...
How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology
27.6.2023
As veterans of past city lists we aimed to produce a meaningful ranking of the best places in the world to live and work in crypto, blockchain and Web3. Here’s how we did it
Vancouver: A Boutique Hub for Crypto Early Adopters
27.6.2023
This small and picturesque coastal city has plenty of crypto jobs, companies and events. But the No. 13 spot in CoinDesk’s Crypto Hubs 2023 is handcuffed by regulatory uncertainty in Canada, generally, that recently has led to national exits of major crypto exchanges Binance, Bybit and OKX
Ljubljana: It’s a Beautiful Life in This Crypto Payments Hotbed
27.6.2023
This unsung Central European success story features famous philosophers, a striking landscape and a high quality of life. And the No. 14 spot in CoinDesk’s Crypto Hubs 2023 has a crypto ecosystem that punches vastly above its weight
Lisbon: A Buzzy, Affordable Mecca for Buy-and-Hold Crypto Nomads
27.6.2023
Portugal’s coastal capital offers a top-shelf European quality of life at discount prices. The No. 15 spot on CoinDesk’s Crypto Hubs 2023 attracts creative and entrepreneurial expats with a lively calendar of Web3 events, prized “digital nomad” visa and crypto-friendly tax laws
Renewed Institutional Interest: Crypto Inflows Surge After BlackRock's Bitcoin ETF Filing
27.6.2023
Investment funds backed by digital assets saw their largest weekly inflows in a year last week, with $199 million being added to the sector.
The inflows were the largest since July 2022, and made up almost half of the prior nine consecutive weeks of outflows, the crypto investment and research...
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
27.6.2023
Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022
Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
27.6.2023
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...
Expect Surge in Crypto Scams with Advancements in AI
27.6.2023
There are growing concerns that scammers will use artificial intelligence (AI) to develop new methods of fraud and deception as the technology continues to advance.
One of the primary ways in which scammers are using AI is through social media platforms. By leveraging AI-powered tools, scammers...
Bybit to provide crypto exchange and custody services in Cyprus
27.6.2023
Bybit recently announced it was gaining a license in Cyprus. The license allows the platform to run its crypto exchange in the region. As the third-most visited exchange, Cyprus is also delighted to offer its custody services in Cyprus. The achievement shows Bybit’s commitment to offering the best...
Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say
27.6.2023
Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said
Crypto.com launches Singapore-based Global Innovation Lab
27.6.2023
Crypto.com has announced that it is launching a Global Innovation Lab based in Singapore with the objective of bringing together the expertise of Web3, blockchain, and Artificial Intelligence. Crypto.com will leverage the potential of the region to ensure that Singapore becomes a global hub...
EU Seals Deal on Crypto Bank-Capital Rules
27.6.2023
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
HSBC becomes first Hong Kong bank to allow crypto ETFs
27.6.2023
Bitcoin and Ether-oriented exchange-traded funds (ETFs) have been made accessible to all HSBC customers. As per a journalist, Colin Wu, this is a step toward popularizing the acceptance and use of digital assets. Incidentally, the ETFs have been duly registered with the Hong Kong Exchange (HKEX)....
Brazil: Suspected Braiscompany Crypto Fraudsters Detained in Argentina
27.6.2023
Three suspected Brazilian crypto fraudsters have been detained while trying to flee to Argentina – as police continue to probe the troubled Braiscompany.
In March, a number of suspected employees were filmed apparently emptying the firm’s São Paulo premises under cover of night.
In May, police...
Crypto Exchange OKX Goes Live With ‘Nitro Spreads,’ Allowing One-Click Basis Trading
27.6.2023
Basis traders attempt to earn returns by trading the difference in an asset’s price on two separate markets
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
27.6.2023
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock exchange (HKEX) using its mobile apps. The stock exchange currently has three crypto futures ETFs listed. HSBC Customers Can Trade Crypto Futures ETFs...