Tag Archives: social

The entity aiming to accelerate the adoption of blockchain technology and support cryptocurrency projects – the Vietnam Blockchain Union (VBU) – has reportedly seen the light of day. It was launched by the Vietnam Digital Communications Association (VDCA) in the capital Hanoi. Enter VBU Vietnam has been gradually emerging as one of South-East Asia’s cryptocurrency hubs. A recent coverage reads that the authorities introduced the Vietnam Blockchain Union (VBU) – an...

One of the most successful soccer clubs in Mexico – Tigres – partnered with Bitso to enable fans to purchase tickets in bitcoin. The latest cryptocurrency adoption does not end there, as the leading delivery platform in South America – Rappi – and the renowned provider of jewelry and precious metals – SFL Maven – revealed the same intentions. Bitcoin Gets one Step Closer to Mexican Soccer Seven-time champion of Mexico’s premium soccer league – Tigres – disclosed it...

According to a forecast on the crypto industry released on April 20 by research firm Insider Intelligence, nearly 34 million Americans will own cryptocurrency by the end of the year. That equates to around 10% of the population, though the company reported a higher figure of 12.8%, possibly taking the adult population figures into account rather than the total. The researchers predicted that the number of U.S. adults who own and use crypto for payments will double digits by...

The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them, but ApeCoin has defied the market sentiment and soared by double-digits. Bitcoin Lost $40K It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. This was a particularly impressive price tag...

Denver-based Bitcoin miner Crusoe Energy Systems has announced closing a $350 million Series C equity offering. Expansion to the US and internationally, as well as onboarding more employees in the team, are some of the main objectives that Crusoe has following the event. Crusoe Funding Round According to the official blog post, Crusoe’s $350 million in equity financing witnessed the participation of G2 Venture Partners and a group of prominent technology, energy, climate, and...

The venture capital firm – Andreessen Horowitz – announced it will form a cryptocurrency research unit encompassing various talents from the space. The team’s main goal will be to solve important problems related to the emerging Web3 ecosystem. a16z’s Next Endeavor The leading VC firm – Andreessen Horowitz (known as “a16z”) – has been active on the digital asset scene for years now. In a recent blog post, it disclosed a new project in the field – a crypto research team that...

Blockpass, a digital identity verification provider partnering with various crypto wallets and exchanges, has started offering KYC services to Cardano’s commercial arm, EMURGO. Cardano-based addresses will be added to the Blockpass App, and projects can directly access on-chain KYC services, if needed, to comply with regulatory requirements. Positioned as the axis of the Cardano ecosystem, EMURGO is responsible for developing the community’s NFT marketplace Fibo, Yoroi...

The French president has been known for his ambition of making the country a “startup nation” that is friendly to new technologies and appealing to talents and capital. When campaigning for his second bid for the presidency, Emmanuel Macron expressed his favorable opinions toward Web 3.0 and the Metaverse while maintaining that regulation led by public authorities is necessary for ensuring the sector’s long-term success. Proud of the made-in-France crypto unicorns like Ledger...

This week saw the cryptocurrency market go through some serious turbulence, as the prices for the largest coins by means of total capitalization went on a rollercoaster. The tumultuous market dynamics ultimately resulted in a slight gain of about $15 billion added to the cap. Leading the market was, of course, Bitcoin. The price was sitting at around $40K this time last week, and it remained there for a few days. On April 18th, we saw BTC crashing below $39K to a monthly low,...

Binance’s CEO reported earlier today that the company recovered nearly $6 million out of the $600 million stolen in the hack against the Ronin Network. These are among the first funds on the move since the exploit took place roughly a month ago. CZ took it to Twitter on April 22 to inform that the hacker group behind the largest DeFi exploit started to move some of the stolen funds. As part of it was transferred to Binance and was spread among 86 accounts, the exchange...