Crypto EcoBlog
A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies. The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced...
Read More »Nigeria Teams Up with INTMAX to Speed Up Blockchain Innovation
Edo State and INTMAX work together to improve digital governance through blockchain technology. The alliance intends to empower government services through cutting-edge technology. The Nigerian Ministry of Digital Economy, Science, and Technology in Edo State has formed a strategic partnership with INTMAX, a leading developer of Ethereum Layer 2 solutions. This alliance aims to accelerate the regional adoption of blockchain technology, indicating a significant step ahead in Nigeria’s digital...
Read More »Kraken May Turn to Nuclear Energy as a Source for Its Power Requirements
Crypto exchange Kraken is exploring utilizing nuclear energy to tap into a constant stream of power to keep its operations up. As the power consumption of AI companies increase, Kraken feels it is best to explore alternate sources to cover periods of power scarcity. It plans on partnering with those operating small modular reactors rather than building and utilizing its own. Since Kraken operates 24/7 globally, dealing with some of the largest volumes of crypto a Centralized Finance (CeFi)...
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