Tagged: Crypto Adoption

Cryptocurrency Ownership Among Younger Investors Now As Common As Real Estate Investments – Survey

When it comes to wealth, younger Americans (millennials and Gen Z) have catching up to do, the team at PolicyGenius noted in a recent update. Adult members of these generations “own just 74 cents for every $1 of wealth that baby boomers owned at the… Read More

Chainalysis Appoints Former IRS-CI Chief Jim Lee As Global Head of Capacity Building

After 29 years, including more than three as Chief of the IRS-CI, Jim Lee says his last day of government service was March 31. Former IRS-CI Chief Jim Lee notes in a blog post that he’s pleased to share that he has joined Chainalysis where… Read More

Crypto Market May Approach $5T in Total Value By End of 2024 Due to Positive Ecosystem Developments, Ripple CEO Predicts

Ripple CEO Brad Garlinghouse recently stated that he thinks the combined value of the crypto-assets market may double this year. As reported by CNBC, the Ripple Chief Executive has cited the approval of the US spot bitcoin (BTC) exchange-traded fund (ETFs) as well as the… Read More

Crypto and AI Convergence to Enable Innovative Apps and Robust Digital Infrastructure – Report

OKX has released a report titled ‘Unlocking the Infinite Potential of Crypto and AI.’ The research report from OKX explores “the convergence of AI and crypto, a major trend in the current market cycle that is giving rise to new applications and innovations encompassing areas… Read More

Digital Assets: Crypto.com App to Launch in South Korea

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced that it is launching the Crypto.com App in South Korea, which will allow Korean retail users in the market to trade… Read More

AI and Crypto Adoption Is Increasing Globally with UK and US Leading the Movement – Report

The top AI crypto countries in 2024 are the US, which accounted for 18.9% share of global interest in the narrative, followed by the UK (9.1%) and Türkiye (6.5%), according to a report from CoinGecko. The US and UK also led the meme coin craze… Read More

Cross-Border Payments: Bitso Business Chosen By Chile’s Andean Wide

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

Digital Asset Investors Achieved Total Gains of $37.6B Last Year – Report

Blockchain analytics firms Chainalysis estimates in a new report that “all crypto investors achieved total gains of $37.6 billion in 2023.” While this total is much smaller “than the $159.7 billion in gains made during the 2021 bull market, it represents a significant recovery from… Read More

Regtech Sumsub, a Full-Cycle Verification Provider, Integrates with Blockchain Platform Chainalysis

Sumsub, a global full-cycle verification provider, announces its integration with Chainalysis, the blockchain data platform. This partnership combines Sumsub’s Transaction Monitoring and Travel Rule solutions with Chainalysis’ blockchain analytics platform and services, “enabling regulatory compliance, secured data storage and automated crypto transaction monitoring for client… Read More

Ben Roth from Auros Shares Insights on Connecting the Fragmented Ecosystem of Liquidity in the Age of Stablecoins, ETFs

  Do we need to brace ourselves for liquidity strains? Liquidity dried up in 2022, and while analysts expect the 2024 BTC ETF approval will help boost trading volumes, the truth is that the ‘Alameda Gap’ remains, according to Ben Roth from Auros. Even as… Read More

Crypto Payments: Bybit Card Now Available in Australia

Bybit, which claims to be one of the largest crypto exchanges in terms of trading volume, is pleased to announce the Bybit Card is now available in Australia. Issued by Flywallet and leveraging Mastercard‘s global payments network to process transactions securely, this card debits crypto… Read More

OKX Announces Investment in DeBox, a Decentralized Social Networking Platform for Web3 and DAOs

Digital asset firm OKX is pleased to announce their strategic investment, through our investment arm, OKX Ventures, in DeBox, a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs). Over the past two years, DeBox has committed itself “to serving the Web3… Read More

Bitcoin and Crypto Market Sets New Record Without “Fear” Sentiment – Report

In the past six years from 2018 to 2024, the crypto market’s sentiment has been fearful for 54.7% of the time, greedy 32.0% and neutral for the remaining 13.3%, according to an extensive update from CoinGecko. During this period, the Fear and Greed Index averaged… Read More

Tether and Republic of Uzbekistan to Develop Blockchain and P2P Telecom Infrastructure

Tether, which claims to be among the largest companies in the cryptocurrency industry, announced the signing of a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP), responsible for crypto regulation and development in the Republic of Uzbekistan. This strategic collaboration aims… Read More

Binance Reports Net Inflows of $3B+ Between Late Nov 2023 and Late Feb 2024, Claims it Outpaced Competitors

Since stepping in as Binance CEO, Richard Teng  (who replaced former CEO Changpeng Zhao), has reportedly made it a priority to ensure and maintain the user-focused principles of Binance across the company, with the primary emphasis being on ensuring stability. According to Richard Teng, in… Read More

LatAm Investment Bank BTG Pactual Teams Up with Crypto.com

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, and BTG Pactual (BTG), the investment bank in Latin America, announced a new agreement to further advance crypto banking services across the… Read More

Coinbase to Support Asset Recovery on BNB Smart Chain, Polygon

Coinbase (NASDAQ:COIN) says that customers may at some point mistakenly send unsupported tokens to their Coinbase address on an unsupported chain. One example of this is BNB Smart Chain (formerly known as Binance Smart Chain) – which is currently “not supported by Coinbase and as… Read More

Former PayPal and Venmo Professionals Introduce Meso to Link Cryptocurrency Wallets with Banking Accounts

A professional team of Fintech veterans have introduced Meso, a payment platform which brings crypto-assets and fiat currencies closer, thus making it seamless for clients to transfer funds on- and off-chain. In statements shared with Fortune, Meso co-founder and CEO Ben Mills explained that a… Read More

Digital Assets: PostFinance Is Introducing Crypto Services for Switzerland

PostFinance is launching a new crypto service for Switzerland. PostFinance is a financial service firm that serves over 2.5 million customers in Switzerland. It aims to assist smaller firms in their transition to digital finance including banking, payments, money management and more. PostFinance claims that… Read More

Digital Assets: Ripple to Acquire Standard Custody and Trust Company

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. The terms of the transaction were not immediately available. This move further underscores Ripple’s commitment “to regulatory… Read More

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