Crypto on track to hit 1 billion users by end of 2025: Analyst
More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030.
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Venezuela’s Maduro Shafted From Gold Storage, Self-Sovereign BTC Shines
Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership. 867 Total views 19 Total shares Venezuela’s allegedly corrupt leader, Nicolás Maduro, recently lost a court battle involving approximately $1 billion of gold. “The UK High Court has ruled against Venezuela's government in a legal battle over access to $1bn (£820m) of gold stored in…

Airdrops can work, but be aware of the risks
Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize desired behaviors and foster long-term relationships with their user base. But the question remains: Do airdrops work?Based on my prior research in the…

Ledger CTO warns crypto users about the dangers of ‘blind signing’
“Don’t trust, verify,” says Charles Guillemet, the CTO of hardware wallet firm Ledger. 1258 Total views 5 Total shares With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.” In…

Metaverse still not ready for virtual weddings and legal proceedings
As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case disputes, and government services could one day be conducted using Metaverse platforms.While delivering a keynote…

Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. 967 Total views 25 Total shares Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.Visa head of crypto Cuy Sheffield tweeted on May 18 that he does…

India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.

Major Coins Show Poor Performance, With Ethereum Dipping Below $100
Thursday, Dec. 6: Cryptocurrency markets have continued yesterday’s losses, with just two of the top twenty coins seeing any gains, according to Coin360.Market visualization from Coin360Bitcoin (BTC) is down 3.13 percent the day, seeing a high of $3,887 and low of $3,587. At press time, the major cryptocurrency is trading around $3,656.On its weekly chart,…

Why crypto remittance companies are flocking to Mexico
Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents myriad opportunities for fintech companies.Not surprisingly, droves of crypto companies…