Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the…
Continue ReadingCircle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. USD Coin (USDC) issuer Circle has released an accountant-verified…
Continue ReadingThe price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset…
Continue ReadingThe financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned…
Continue ReadingA leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by…
Continue ReadingWhile the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims.…
Continue ReadingWhile the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that…
Continue ReadingAccording to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to…
Continue ReadingOn Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the…
Continue ReadingOne reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm. Decentralized finance (DeFi)…
Continue ReadingThe success of Metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users, and citizens. While the 2022 bear market…
Continue ReadingThe number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United…
Continue ReadingBefore FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have…
Continue ReadingThe European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year…
Continue ReadingSEC’s acting chief accountant Paul Munter said that investors shouldn’t place too much confidence in a company holding up a proof-of-reserves audit. A senior official from the United States Securities…
Continue ReadingA survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices. As borders open…
Continue ReadingIn Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more. Over the last year the crypto,…
Continue ReadingResidents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes…
Continue ReadingIn its 2023 Market Forecast, Blockware Solutions highlighted bullish metrics, slowing ASIC advances and the global energy crisis. Blockware Intelligence, the research arm of Blockware Solutions, has released its 2023…
Continue ReadingAccording to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it…
Continue ReadingThe IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction. Bitcoin (BTC) has topped the crypto charts in a survey from…
Continue ReadingWeb3 promises plenty of lofty goals and ideas, but what is it really, and are we close to achieving the dream? The term Web3 is often used as shorthand to…
Continue ReadingBankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be…
Continue ReadingThe lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing. Cryptocurrency lending company Genesis has refuted speculation…
Continue ReadingThe Bank for International Settlements (BIS) studied the main motives behind Bitcoin adoption by retail investors. Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than…
Continue ReadingThe Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public…
Continue ReadingThe U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns. While proponents of…
Continue ReadingOn the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery. After a year-long struggle to fend…
Continue ReadingEven though venture capital inflows into the blockchain industry dropped by 66% in Q3 2022, it doesn’t necessarily suggest an overwhelmingly bearish sentiment. In 2022, it’s no surprise that most…
Continue ReadingRuja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several…
Continue ReadingAuthorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been…
Continue ReadingThe EU is set to release draft legislation which would hinder the bitcoin mining industry while encouraging the use of proof-of-stake based cryptocurrencies. The European Union is set to release…
Continue ReadingRussians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine. Industry…
Continue ReadingThe deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in…
Continue ReadingConsecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn. Web3 developers don’t appear to…
Continue ReadingThere are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. Decentralized autonomous organizations, or DAOs, have…
Continue ReadingAccording to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of…
Continue ReadingThe latest quarterly report from DappRadar highlights a period of consolidation across the cryptocurrency ecosystem following a turbulent Q2. A third quarter industry report from DappRadar citing on-chain metrics suggests…
Continue ReadingA recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted…
Continue ReadingAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF)…
Continue Reading