Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed. “The State of Crypto in Singapore Report 2021,” conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto. The report, which sampled 4,348 …
Continue reading “Ether is more popular than Bitcoin in Singapore, new study finds”
Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn. According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn Foundation and Krust — in the city-state. The Klatyn Foundation is a non-profit organization while Krust serves …
Continue reading “Korean internet giant Kakao expands blockchain presence to Singapore”
North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role, Walmart indicates it is looking for someone who has a track record in leading and scaling businesses, with at least 10 years of experience …
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Bitcoin (BTC) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat. After a mixed weekend that saw both a run on $48,000 and a major rejection at that level, Bitcoin is already back, having made up all of its losses. With conditions broadly favorable for continued …
Blockchain analytics firm Santiment says Bitcoin and Ethereum are flashing on-chain strength while Cardano and XRP are showing signs of fundamental growth. Santiment tells its 87,500 Twitter followers that the supply of Bitcoin (BTC) on crypto exchanges has dropped to its lowest level in over two years. ADVERTISEMENT “Bitcoin’s supply on exchanges has dropped …
Windows operating system and Office productivity suite have always been top performers on any software piracy platforms. So, it’s no wonder that Microsoft, the developer of both products, works hard to establish anti-piracy measures. In a new paper released by Microsoft’s research department, with the participation of researchers from Alibaba and Carnegie Mellon University, the …
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The latest craze in animal themed nonfungible tokens has been such a big hit that it has become the top burner of Ethereum transaction fees over the past 24 hours. CyberKongz, which started as a collection of 1,000 unique NFTs in early March 2021, has surged in popularity recently. So much so that it has …
Continue reading “CyberKongz’ mass monkey minting burns $4M in Ether in 5 hours”
U.S. telecom giant T-Mobile is looking into an alleged massive data breach that may have compromised more than 100 million users. According to Vice’s Motherboard, T-Mobile is investigating an alleged data breach claimed by the author of the post on an underground forum. The Aug. 15 report says the hacker claims to have obtained data …
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London’s High Court is ordering major crypto exchange Binance to track down and freeze the accounts of crypto hackers behind an alleged $2.6-million security breach. The order, which was made public last week, grants the requests by artificial intelligence (AI) company Fetch.ai for Binance to find and freeze the allegedly stolen assets. ADVERTISEMENT Fetch.ai …
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Crypto analyst Justin Bennett is labeling critical areas of resistance and support for Ethereum (ETH), Chainlink (LINK) and Polygon (MATIC). In a new issue of Cryptocademy, Bennett tells his readers that Ethereum is looking to sustain a breakout toward the $3,500-$3,700 area after breaching its previous resistance at $3,190. ADVERTISEMENT Source: Justin Bennett According …
A new report from blockchain research firm Blockdata suggests that over half of the world’s biggest banks are getting exposure in crypto and blockchain companies. The firm says that out of the 100 biggest banks by assets under management (AUM), 55 of them have investments in crypto or blockchain-related businesses, either directly or through subsidiaries. ADVERTISEMENT …
As the blockchain industry expands and becomes more of a fixture in everyday life, the idea of ‘one chain to rule them all’ and the general ideology of blockchain maximalism is beginning to fall to the wayside and the focus on interoperability and cross-chain collaboration is coming to the forefront. One project that is specifically …
Continue reading “3 reasons why Gitcoin (GTC) price has rallied 100% in a month”
The United States Treasury Department is reportedly seeking to clarify the definition of brokers in the bipartisan infrastructure bill passed by the Senate last week, offering cautious reassurance that the new legislation won’t impact innovation and growth in the blockchain industry. As reported by Bloomberg, the Treasury Department is preparing guidance on what types of …
Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground at $48,000. PlanB, the creator of the stock-to-flow Bitcoin price model, said if Bitcoin manages to close August above $47,000, the year-end “worst-case …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, ETC, LUNA, KLAY, AXS”
A closely followed crypto trader, known in the industry as Smart Contracter, is predicting giant rallies for two altcoins in the decentralized finance (DeFi) space. The pseudonymous trader tells his 158,500 Twitter followers that decentralized lending and borrowing protocol Aave is one of the altcoins that could potentially surge in the coming months. ADVERTISEMENT …
