According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South Africans Still Experimenting With …
Tag archives: Bitcoin
Coinseed barred from operating in New York after shady Dogecoin (DOGE) dealings
‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source
‘Big Four’ firm EY taps Polygon (MATIC) for Ethereum scaling solutions
Aragon deploys on Polygon (MATIC) to optimize DAO creation Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous organizations (DAOs) easy and cost-effective, is now live on the Polygon PoS network. 2 min …
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Interactive Brokers Launches Cryptocurrency Trading for Customers Through Paxos
Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with traditional trading offerings like stocks and bonds. The company recognized the importance of digital assets for traders to …
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Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability in the design of the Spore …
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Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia …
KICK.IO’s Token Will Be Available on ExMarkets LaunchPad, 15th September
sponsored As the $ADA bull market continues to gather steam – with new price records set each month – many within the Cardano community are asking, what’s next? The limitless possibilities within the Cardano ecosystem offer many opportunities for both project creators and their investors. But financial and informational asymmetries have always been a major …
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Witchhunt arises to find perpetrator of the fake Litecoin Walmart partnership story
Charlie Lee acknowledges that Litecoin “screwed up” after an employee retweeted a fake story on partnering with retail giant Walmart. The story spread like wildfire as it was reported by credible news outlets, including Reuters and Globenewswire. As a result, $LTC spiked 30% to $236, breaking previous resistance before selling off when investors realized it …
El Salvadorians are adapting to life with Bitcoin, but it’s not smooth sailing
Against the wishes of the IMF and World Bank, El Salvador did the unthinkable by making Bitcoin legal tender on September 7 – a move that has irked a proportion of its citizens, primarily due to the perception that it’s not for ordinary everyday people. Nonetheless, almost a week since then, a Redditor who claims …
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Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google
Google is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company’s CEO Roham Gharegozlou tweeted about the deal on Tuesday noting that the firm was “amped to welcome Google to the Flow blockchain.” Google to Collaborate With Dapper Labs …
Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission (SEC). Cathie Wood’s Ark Invest Predicts $500K Bitcoin …
Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up New Research Team Morgan Stanley is launching a dedicated cryptocurrency research team, Bloomberg reported …
Cardano (ADA) founder wins $50,000 bet on Alonzo launching on time
Input Output Global (IOG) CEO Charles Hoskinson won a $50,000 bet, with Polymarket, on Cardano launching smart contracts on time. The proceeds will go to a charity of Hoskinson’s choice. So since @PolymarketHQ lost, they have to donate $50,000 to the charity of my choice. I thought about it and found a small one with …
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Increasing IBC transactions show Cosmos (ATOM) ecosystem is booming
The Inter-Blockchain Communications Protocol (IBC) has seen a huge rise in popularity in the past 30 days, showing that there’s a growing interest in the Cosmos blockchain. According to the latest data from Map of Zones, there have been over 780,000 IBC transfers in the past 30 days, with the network handling over 3.2 million …
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Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount …
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