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The United States-based crypto industry advocacy group the Blockchain Association has said it will stand with Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC), claiming the case could be very important for the future of the industry. United States-based crypto advocacy group Blockchain Association has come out in support...
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From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing. On Oct. 29, 2013, a coffee shop in downtown Vancouver, Canada opened what is understood to be the world’s first publicly available Bitcoin (BTC) automatic teller machine (ATM) operated...
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The company changed its name on Oct. 28, 2021, reflecting growing ambitions to transcend beyond social media and into Web3 and the Metaverse. It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021. The name change reflected the company’s growing ambitions to...
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Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, “advanced” terror organizations are turning to cryptocurrencies. Terrorist groups who have been excluded from the “formal financial system” have turned to crypto to fund their heinous activities, according to Svetlana Martynova, the Countering Financing of Terrorism Coordinator at the...
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The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial sectors. The MOU, signed by the...
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DOGE price rallied 98.5% in the last seven days following Elon Musk’s acquisition of Twitter, pushing the crypto into the eighth position in global crypto rankings. Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme...
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After last year’s hype over nonfungible tokens, people have been speculating about their potential. It created a bubble of unfounded expectations. Over the last year, venture capitalists poured more than $4.6 billion into infrastructure and projects related to nonfungible tokens (NFTs). This infrastructure now needs users. They will come when people understand that they can apply...
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The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption and regulation. The latest report by EUBlockchain...
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Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes. As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs...
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Excitement is taking over for Binance Coin and Dogecoin as market participants see strength continuing. Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Coin sets new record against BTC Data from Cointelegraph Markets Pro...
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