African economies show high potential for digital asset adoption
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.
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StackOverflow Developer Survey: 80% of Organizations Do Not Use Blockchain
Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain.As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, 4% for cryptocurrency-related applications, 2.1% accept crypto as payments and 1.3% are implementing their own…
Report: Polish Exchange Shuts Down and Disappears With Customers Funds
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31.Money.pl received an email from one of its readers, who stated that Coinroom — which was registered in 2016 — ceased operations overnight and disappeared with customers’ money in April. Some users…
UK drafting stablecoin regulations and researching a CBDC
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. 1566 Total views 21 Total shares The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash.In an announcement published on…
Bitcoin-Only Exchange Coinfloor Now Focuses on Consumer BTC Services
While the crypto community is talking about “altcoin season,” one of the world’s oldest crypto exchanges is calling BS on everything that is not BTC.After turning into a Bitcoin (BTC)-only exchange, the United Kingdom’s oldest cryptocurrency exchange Coinfloor is now expanding its consumer BTC services.Focused on Bitcoin, the world’s first ever cryptocurrency, Coinfloor is launching…
Australian federal police to probe 2,000 exploited crypto wallets
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Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
A KPMG/HSBC survey finds NFTs and DeFi are more popular with Asian Pacific big startups than EV charging, quantum computing and a host of other new technologies. 237 Total views 21 Total shares The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital…
General Motors Participates in $23M Funding Round for Spring Labs Blockchain Firm
This article has been updated to correct that GreatPoint Ventures, not General Motors, led the funding round.United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12.Among the investors for this seed A funding round — led by GreatPoint Ventures — were…
BTC price hits $57K five-month high — 5 things to watch in BTC this week
Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs.A classic cocktail of factors has laid the foundation for a Q4 finale which analysts are now confidently comparing to the bull runs of 2013 and 2017.Decoupling from macro market movements and the…