Tagged: Crypto Adoption

July 29, 2024 @ 11:21 pm By Omar Faridi  |  

Banxa Holdings Inc. (TSXV: BNXA) is pleased to announce the appointment of Zafer Qureshi as Co-CEO, joining forces with Holger Arians. This strategic move aims to “leverage their combined expertise to propel Banxa into a new era of growth and innovation.” Holger Arians, Chairman and… Read More

July 26, 2024 @ 3:47 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) says that we are at a unique moment in American history where a stunning alignment has emerged — 9 in 10 Americans from across the political spectrum “believe the financial system needs an update.” According to a blog by Coinbase, crypto is a… Read More

July 26, 2024 @ 12:32 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment gateway, has announced a partnership with Paysafe (NYSE: PSFE), a payments platform. With this partnership, Alchemy Pay integrates Paysafe’s Skrill, NETELLER, and multiple local payment methods into its Fiat On-ramp offering, “enhancing convenience and accessibility for global users, particularly across… Read More

July 25, 2024 @ 10:02 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly “through Stripe, removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

July 25, 2024 @ 12:33 pm By Omar Faridi  |  

Republican nominee and ex- U.S. President Donald Trump had once referred to cryptocurrencies as a “scam.” But now, Donald Trump will be speaking at an event on Saturday, the last day of the three-day Bitcoin 2024 convention in Nashville. Republican former candidate Vivek Ramaswamy, Senator… Read More

July 23, 2024 @ 11:11 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the expansion of the cryptocurrency price alert service available on Nubank Cripto, the crypto trading platform on the Nubank app. Throughout August, all of the company’s 92 million customers in Brazil “will have access to the feature.” Through the new tool,… Read More

July 22, 2024 @ 12:52 pm By Omar Faridi  |  

Fireblocks Off Exchange enables businesses across the world to trade on centralized exchanges without introducing counterparty risk. Today, they’re sharing that Bybit is the newest exchange to integrate with Off Exchange. Bybit, a crypto exchange, joins Deribit, with further integrations to follow. These include BIT,… Read More

July 22, 2024 @ 12:20 pm By Omar Faridi  |  

Approval phishing is an increasingly popular tactic used by criminals to steal funds through different scamming techniques such as fake crypto apps and romance scams (also known as pig butchering), according to an update from Chainalysis. With the approval phishing technique, the scammer tricks the… Read More

July 13, 2024 @ 12:57 pm By Omar Faridi  |  

In a survey of crypto participants, a majority 81.6% believed that the crypto bull run was not yet over. This, according to an update shared by CoinGecko. At least 1 in 2 participants, or 52.3%, “estimated that the current bull run was still at its… Read More

July 13, 2024 @ 9:00 am By Omar Faridi  |  

Stand with Crypto was born in the US as a movement focused on mobilizing the crypto community, the team at Coinbase (NASDAQ:COIN) notes in a blog post. Coinbase explains that Stand with Crypto in Canada is “all about shining a light on the pioneers building… Read More

July 12, 2024 @ 5:40 pm By Omar Faridi  |  

    James Toledano, Chief Operating Officer at Savl, a self-custodial crypto and Web3 wallet that combines encryption, unique functionality, and intuitive design, has recently commented on key crypto / digital assets industry insights in a discussion with Crowdfund Insider. James Toledano from Savl has… Read More

July 10, 2024 @ 11:50 pm By Omar Faridi  |  

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

July 10, 2024 @ 11:09 am By Omar Faridi  |  

Crypto market sentiment has become divided just two months after the Bitcoin Halving, with no strong consensus sentiment, the team at CoinGecko noted. According to a recent survey shared by CoinGecko, 49.3% of crypto participants “still felt bullish about the market, even amid the pullback… Read More

July 3, 2024 @ 9:02 pm By Omar Faridi  |  

In support of a more efficient DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced an investment in RedStone. RedStone is reportedly one of the “fastest-growing” modular oracles in 2024 “that delivers diverse, high-frequency data feeds to EVM Layer1,… Read More

June 30, 2024 @ 7:00 pm By Omar Faridi  |  

While some say adoption will ruin crypto, diluting the core principles this industry was built on, Aligned CEO Roberto José Catalán is on a mission to improve the accessibility of financial tools that are easy to use and free from third-party restrictions. Aligned is described… Read More

June 25, 2024 @ 8:15 am By Omar Faridi  |  

According to new data released ahead of the upcoming UK general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata “reveals 34% of… Read More

June 22, 2024 @ 9:26 pm By Omar Faridi  |  

Chainalysis has shared several key insights from the 2024 State of Cryptocurrency Investigations Report. In 2024, cryptocurrency adoption continues to grow, the Chainalysis team noted while adding that it “enables millions of people around the world to transact without middlemen and take greater control of… Read More

June 20, 2024 @ 9:55 am By Omar Faridi  |  

Tether, which claims to be one the largest companies in the cryptocurrency industry, announced that it is teaming up with the National Taipei University of Technology (NTUT), also known as Taipei Tech “to enhance blockchain and digital asset education in the region.” This initiative aims… Read More

June 14, 2024 @ 12:07 pm By Omar Faridi  |  

Paradigm has raised their third fund, which is reportedly an $850 million venture fund focused on crypto projects at the earliest stages. When they founded Paradigm in 2018, they believed that crypto would be “one of the most important technical and economic shifts of the… Read More

June 7, 2024 @ 12:23 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently that the company has tapped Crossover Markets in order to provide technology to help power “BakktX,” which is described as its forthcoming crypto Electronic Communication Network (ECN). Ray Kamrath, Chief Commercial Officer at Bakkt said: “As institutional interest… Read More