Tagged: Crypto Adoption

March 11, 2024 @ 12:17 pm By Omar Faridi  |  

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

March 11, 2024 @ 8:03 am By Omar Faridi  |  

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

March 8, 2024 @ 7:00 pm By Omar Faridi  |  

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

March 3, 2024 @ 6:03 pm By Omar Faridi  |  

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

February 29, 2024 @ 9:36 pm By Omar Faridi  |  

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

February 29, 2024 @ 1:21 pm By Omar Faridi  |  

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

February 27, 2024 @ 3:11 am By Omar Faridi  |  

OKX is announcing the official launch of our crypto exchange in Türkiye, OKX TR. OKX says they are pleased to provide Turkish users “with a trusted, compliant and transparent gateway to crypto trading and decentralized finance.” Currently, the OKX Web3 Wallet is “available in Türkiye… Read More

February 22, 2024 @ 2:11 am By Omar Faridi  |  

A new report found that over half of finance-savvy Singaporeans own crypto, with staking emerging as the top use case, presenting an opportunity for regulated platforms to enable compliant participation in this growing trend through features emphasizing security, consumer protections and compliance. Crypto creates economic… Read More

February 21, 2024 @ 7:16 am By Omar Faridi  |  

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

February 20, 2024 @ 7:25 am By Omar Faridi  |  

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

February 14, 2024 @ 8:34 am By Omar Faridi  |  

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

February 12, 2024 @ 6:04 pm By Omar Faridi  |  

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

February 12, 2024 @ 8:23 am By Omar Faridi  |  

Kraken is reporting they have obtained a VASP registration from the Dutch Central Bank (DNB), as part of their European growth strategy. In a blog post, digital asset firm Kraken notes that this registration will allow them “to expand into an important European market and… Read More

February 10, 2024 @ 4:19 pm By Omar Faridi  |  

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

January 23, 2024 @ 6:55 am By Omar Faridi  |  

Crypto.com released its annual Crypto Market Sizing Report, showing that global cryptocurrency owners increased by 34% in 2023 – “rising from 432 million in January 2023 to 580 million in December 2023.” Similar to the previous year, this notable growth “continued despite several macro headwinds,… Read More

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

January 22, 2024 @ 5:49 pm By Omar Faridi  |  

Worldcoin claims that it was created to help build a more human internet and a more inclusive digital economy. That ethos aligns with the founding principles of Friends With Benefits (FWB), a new kind of social network DAO working with creatives and builders “to platform… Read More

January 16, 2024 @ 3:11 pm By Omar Faridi  |  

OKX, a Web3 technology company, and Circle Internet Financial, a global fintech firm and issuer of USDC, unveiled a new ‘CCTP Cryptopedia Campaign,’ giving users who swap USDC across different blockchains on the OKX DEX aggregator the opportunity “to qualify for a share of a… Read More

January 14, 2024 @ 4:11 am By Omar Faridi  |  

Valmar Capital,  a digital assets multi-manager multi-strategy platform that brings together a broad array of crypto-strategies and emerging talent, has taken a look ahead to comment on key anticipated developments to watch in 2024. Valmar Capital, which says its approach is backed by institutional-grade infrastructure,… Read More

January 8, 2024 @ 7:34 am By Omar Faridi  |  

Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product “makes trading long and short volatility entirely on-chain easy for traders of all… Read More