Tagged: Crypto Adoption

February 22, 2025 @ 5:50 pm By Omar Faridi  |  

The blockchain and crypto ecosystem last year was marked by significant illicit activity, with sanctioned entities and jurisdictions playing a major role, according to Chainalysis’s latest report, entitled “2025 Crypto Crime Trends: Sanctions.” The blockchain analytics firm reveals that $15.8 billion in crypto flowed to… Read More

February 11, 2025 @ 9:11 pm By Omar Faridi  |  

Rho Labs, the developer of Rho Protocol, the crypto-native rates exchange, announces that it has secured $4M in seed funding to “expand the capabilities of its platform.” Rho enables interest rates trading for a wide range of crypto-native and professional investors. With a total value… Read More

February 10, 2025 @ 8:43 am By Omar Faridi  |  

Sebastian Siemiatkowski, CEO and co-founder of Klarna, announced on Saturday that the Swedish buy-now-pay-later (BNPL) Fintech is planning to integrate cryptocurrency into its services. Siemiatkowski acknowledged that Klarna was among the last major fintech players to enter the crypto space. Siemiatkowski, who founded Klarna in… Read More

February 9, 2025 @ 3:11 pm By Omar Faridi  |  

In the fourth quarter of 2024, crypto venture funding experienced a modest rebound from the preceding quarter, with deal value increasing by 13.6% quarter-over-quarter (QoQ) to $2.5 billion. This, according to a report from the researchers at PitchBook. However, the total number of crypto venture… Read More

February 9, 2025 @ 9:08 am By Omar Faridi  |  

Crypto exchange Coinbase (NASDAQ:COIN) noted that the past year has seen significant growth in the adoption of USDC, a stablecoin that has solidified its position as one of the most widely used digital tokens globally. Coinbase revealed in a blog post that this growth is… Read More

February 8, 2025 @ 8:25 am By Omar Faridi  |  

A recent analysis by CoinGecko has shed light on the current state of publicly traded blockchain companies. The research report highlights that there are 46 noteworthy companies in this space, with the majority listed on the NASDAQ exchange. Coinbase, the cryptocurrency exchange led by Brian… Read More

January 20, 2025 @ 8:21 pm By Omar Faridi  |  

KuCoin, a global cryptocurrency exchange, is pleased to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from Dec 3 to Dec 4, 2024, the results underscore the… Read More

January 17, 2025 @ 11:45 am By Omar Faridi  |  

Since Phantom Wallet launched in 2021, their mission was to make crypto safe and easy to use. Thanks to community support, Phantom Wallet says they emerged as one of the world’s widely-used crypto wallets, soaring to the “top” of the App Store charts and welcoming… Read More

January 7, 2025 @ 5:03 pm By Omar Faridi  |  

Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAE’s Islamic Bank and a key player focused on the field of Islamic finance, as it expands its market presence in the UAE as well as the wider… Read More

January 4, 2025 @ 12:39 pm By Omar Faridi  |  

Coinbase‘s (NASDAQ:COIN) 2025 Crypto Market Outlook provides key insights focused on the web3 and blockhain ecosystem. The Outlook provides investors with deep dives that span the crypto space, from altcoins to ETFs, staking to gaming, and other important developments. As noted by Coinbase, the following… Read More

January 3, 2025 @ 4:51 pm By Omar Faridi  |  

Bitso, the crypto-driven financial services company in Latin America, has recently marked its 10th year of year operations in 2024 by announcing that its Bitso Retail division has surpassed 9  million users globally, “tripling its customer base in just three years.” As of December 2024,… Read More

January 3, 2025 @ 8:16 am By Omar Faridi  |  

Max Rabinovitch, Chief Strategy Officer at Chiliz & Socios.com, has shared key insights with CI, reflecting on the most impactful developments of 2024 and predictions for the year ahead. As noted in the update, the Chiliz Chain is the Layer-1 blockchain for sporting brands to… Read More

January 2, 2025 @ 4:57 pm By Omar Faridi  |  

The most profitable crypto narratives in 2024 are AI, which “recorded the highest average price gains of 2,939.8% year to date (YTD), followed by memecoins which saw returns of 2,185.1% YTD.” This, according to a report from CoinGecko. This makes the AI and memecoin narratives… Read More

January 2, 2025 @ 8:18 am By Omar Faridi  |  

Bitget Wallet, a Web3 non-custodial wallet, has reportedly exceeded 60 million global users, achieving 300% annual growth during 2024. Through ecosystem expansion, the platform has seen substantial adoption across key regions, solidifying its position as a key player in the multi-chain wallet ecosystem. Bitget Wallet… Read More

December 30, 2024 @ 8:31 am By Omar Faridi  |  

CryptoLiteracy.org, an industry initiative enabling consumer education about cryptocurrencies supported by Coinme, announced its 2024 State of Crypto Literacy Survey results. The survey underscores the “crucial” role of knowledge in empowering responsible participation in the digital economy. It found that 98.6% of respondents who self-reported… Read More

December 26, 2024 @ 7:25 pm By Omar Faridi  |  

Ethereum (ETH) is still leading the way overall, however, Solana (SOL) is steadily gaining ground (and fast), according to new industry report. The 2024 Electric Capital Developer Report reveals that as far as blockchain / web3 developer activity goes, there have been solid developments this year…. Read More

December 26, 2024 @ 7:23 pm By Omar Faridi  |  

Binance.US’s year-end insights provide a meaningful outlook covering key developments this year and the general outlook for 2025 as well. Interim CEO Norman Reed has highlighted important milestones from the past year for the company and also shared details on features coming to the platform… Read More

December 24, 2024 @ 5:27 pm By Omar Faridi  |  

Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry participant focused on regulatory compliance, security and privacy, has officially announced the launch of its U.S. trust company – Crypto.com Custody Trust Company. By receiving a trust company charter,… Read More

December 21, 2024 @ 12:00 pm By Omar Faridi  |  

GAIB reports that it has raised a $5 million pre-seed round in order to build the economic layer for AI compute. GAIB has confirmed the completion of their pre-seed funding round. The investment round was co-led by Hack VC, Faction, and Hashed, alongside investments from… Read More

December 12, 2024 @ 1:48 pm By Omar Faridi  |  

BitGo reports that it has submitted an application to establish its Taiwan-based entity, BitGo Taiwan. This furthers their commitment to supporting demand for digital assets within APAC by providing clients with secure solutions. Establishing this entity paves the way for an application to the FSC… Read More