Tagged: Crypto Adoption

November 24, 2023 @ 10:59 am By Omar Faridi  |  

Former CEO and Binance founder Changpeng Zhao‘s (CZ) departure from the firm will trigger some short-term volatility in the cryptocurrency market, but crypto will “continue to thrive as more institutional money pours in,” predicts the CEO of an independent financial advisory, asset management and fintech… Read More

November 21, 2023 @ 10:19 pm By Omar Faridi  |  

Institutional adoption and sentiment remain strong amid the current crypto cycle, according to an Institutional Investor survey of 250 institutional investors. In the survey, commissioned by Coinbase (NASDAQ:COIN) institutional investors “demonstrated their resilience and expressed optimism about crypto’s role in the future.” Sentiment improved dramatically… Read More

November 21, 2023 @ 2:27 pm By Omar Faridi  |  

On Sunday November 19, 2023, Argentina elected its next president, Javier Milei, which briefly caused “a noticeable surge in the price of Bitcoin and underscores the direct impact of political shifts on the crypto ecosystem.” Milei is a libertarian who aims to upend the economic… Read More

November 18, 2023 @ 7:11 am By Omar Faridi  |  

Bybit, which claims to be one of the most visited crypto exchanges, is pleased to announce the launch of its dedicated Broker Program, “welcoming white-label exchanges, asset management platforms, trading terminals, trading platforms, strategy aggregators, and trading firms seeking to dive into the world of… Read More

November 14, 2023 @ 9:09 pm By Omar Faridi  |  

Bitso —the financial services company powered by crypto in Latin America— announced the launch of its new eFX with Crypto service, which allows companies “to carry out immediate international transactions, in a regulated manner, with greater savings and security and without the need of a… Read More

November 11, 2023 @ 8:44 am By Omar Faridi  |  

Ripple CEO Brad Garlinghouse recently shared his views regarding the US Securities and Exchange Commission’s (SEC) approach to regulating crypto and blockchain firms. Garlinghouse reportedly told CNBC during the Fintech firm’s Ripple Swell conference, held in Dubai, that he believes the SEC has actually lost… Read More

November 10, 2023 @ 5:33 pm By Omar Faridi  |  

Ripple, the firm enabling enterprise blockchain and crypto solutions, debuted the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. Ripple Payments provides the enterprise-grade infrastructure “required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without… Read More

November 3, 2023 @ 8:02 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) reports that Q3 was a strong quarter for the digital asset firm. In a letter addressed to Coinbase shareholders, the firm says that amid multi-year low levels of volatility, they are pleased with their financial results. Although the company has generated a net… Read More

November 1, 2023 @ 8:00 pm By Omar Faridi  |  

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

October 27, 2023 @ 12:41 pm By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting the crypto economy to the global financial system, announced a partnership with Linea, a developer-ready zkEVM rollup for scaling Ethereum dapps. This collaboration combines Linea Network’s blockchain technology “with Ramp Network’s robust global payments infrastructure.” In… Read More

October 25, 2023 @ 10:02 pm By Omar Faridi  |  

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

October 25, 2023 @ 7:08 am By Omar Faridi  |  

Beluga, a platform that onboards and guides new users through their crypto journey, announced a $4M seed round from some of the most well-known crypto and FinTech investors. The investment round was led “by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs,… Read More

October 24, 2023 @ 11:18 pm By Omar Faridi  |  

North America is the largest cryptocurrency market, according to Chainalysis. Chainalysis reveals hat the region has “an estimated $1.2 trillion in value received on-chain between July 2022 and June 2023.” That total now “represents 24.4% of global transaction activity during the time period studied.” Most… Read More

October 24, 2023 @ 10:11 pm By Omar Faridi  |  

nSure.ai, an innovator in AI-driven fraud prevention, and Justt, a firm focused on smart chargeback automation, today announced a new partnership. This collaboration will aim to “provide fraud protection and chargeback management capabilities tailored for high-risk digital transactions in gaming, gift card, and cryptocurrency.” As… Read More

October 20, 2023 @ 8:42 am By Omar Faridi  |  

On 8 October 2023, the FCA Financial Promotions Regime brought into effect new rules around qualifying cryptoassets. These rules set out new standards for financial promotions of cryptoassets and “apply to firms offering these products to UK consumers.” Since inception, Gemini claims it has “been… Read More

October 17, 2023 @ 4:49 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is working to update the financial system that was built over 100 years ago by using crypto to provide people with more economic freedom and opportunity. To advance this purpose, Coinbase is building what it claims it the most “trusted” crypto products and… Read More

October 16, 2023 @ 11:23 pm By Omar Faridi  |  

Latin America has the seventh-largest crypto economy of all regions Chainalysis studies. it is not far behind MENA, Eastern Asia, and Eastern Europe. Its position compared to other regions has “held relatively steady over the last two years.” Latin America shows the highest preference “for… Read More

October 15, 2023 @ 3:31 pm By Omar Faridi  |  

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More

October 9, 2023 @ 5:43 pm By Omar Faridi  |  

TRM Labs is pleased to announce the appointment of Ethan Bronstein and LC Cook to leadership roles on the US sales team. Ethan Bronstein joins TRM Labs “as VP National Security Sales and LC Cook joins the company as VP Civilian Sales.” These strategic new… Read More

October 9, 2023 @ 10:09 am By Omar Faridi  |  

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More