‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele

The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in…

Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $17,500 monthly close “most bullish outcome”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.Highs of $17,072 appeared on Bitstamp, with the pair nonetheless unable to flip…

The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs. 120 Total views 1 Total shares Pascal Gauthier, CEO and chair of hardware crypto wallet manufacturer Ledger, has announced the firm will be reducing its staff by 12%.In an Oct. 5

Crypto derivatives exchange Deribit is leaving the European Union for Panama to avoid new AML rules while changing its Know Your Customer (KYC) requirements. Deribit B.V., the current Netherlands-based company responsible for the Deribit.com exchange, will officially delegate the trading platform to its daughter company, DRB Panama Inc. on Feb. 10, 2020, a Jan. 9 statement…

Ziglu now offers a fully regulated way to transfer Bitcoin, Ether, Litecoin and Bitcoin Cash to other users for free. 2459 Total views 20 Total shares United Kingdom challenger bank Ziglu announced the launch of its peer-to-peer (P2P) payments service for both fiat and cryptocurrency on Sept. 7.This follows hot on the heels of receiving…

We were graced with one more typical “degen yield farm” popping in and out of relevance this week.Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering around $300 million and prospects for a recovery looking bleak.The exploit has…

Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10.An unnamed “senior official” has told Quartz that the government has set up a panel that will discuss questions regarding cryptocurrencies and blockchain. While, according to Quartz’s source, the government is looking to…

Lawmakers in Thailand plan to reform cryptocurrency laws after voicing concerns that they have made the country uncompetitive.As local English-language news outlet Bangkok Post reported on Nov. 25, Thailand’s regulator, the Securities and Exchange Commission (SEC) wants to reconsider its crypto policy in 2020. SEC must be “flexible” on cryptoThe reason, it says, lies in poor…

Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks. 837 Total views 1 Total shares A ransomware attack targeting the government systems of Georgia’s Hall County also impacted key voting infrastructure it has been revealed.Local officials initially released few details regarding the Oct. 7 attack,…