NewsRoom Articles - Page 33 of 187

WednesdayJul 24, 2024 9:00 am

Study Shows Crypto Transaction Volumes Are Highest in Europe, Binance in Top Spot Among Users

Europe is the most popular region for cryptocurrency trading, accounting for 37.32% of global transaction value, according to a thorough investigation by Coinwire. This prominent position is largely due to Europe's tech-savvy populace and forward-thinking regulatory frameworks, making it a prime spot for cryptocurrency investments and advancements. Asia trails behind Europe, contributing 36.17% to global crypto transaction values. Asia’s substantial trading volumes are driven by widespread mobile use, a strong tech infrastructure and increasing interest from institutional investors. The analysis anticipates Europe’s crypto trading volume to soar to $40.5 trillion in 2024, a significant jump from $15 trillion in 2022,…

TuesdayJul 23, 2024 6:27 pm

Crypto Fest 2024: A Unique Celebration of Web3.0 Innovation and Culture in Cape Town, South Africa

Cape Town, South Africa – Get ready for an extraordinary convergence of technology, culture, and innovation at Crypto Fest 2024! Now in its 6th edition, this year's event promises to be unlike any other, bringing together a vibrant and diverse audience in the breathtakingly beautiful city of Cape Town. Crypto Fest 2024 stands out not only for its stellar lineup of speakers and educational workshops but also for its unique celebration of African ingenuity and innovation. Set against the stunning backdrop of Cape Town's iconic landscapes, this event will showcase the continent's dynamic and rapidly growing crypto ecosystem. Why Crypto…

MondayJul 22, 2024 9:00 am

Investigation Shows Hackers Moved Stolen Cryptocurrency to Asian Payments Platform

A major payment company in Cambodia has been implicated in receiving more than $150,000 worth of cryptocurrency from a digital wallet associated with the North Korean hacking group Lazarus, according to blockchain data, highlighting the criminal group’s methods of laundering money in Southeast Asia. Huione Pay, headquartered in Phnom Penh and specializing in remittance services, currency exchange, and payments, received the funds between June 2023 and February 2024. The funds were transferred from an unidentified digital wallet linked to Lazarus, which, according to blockchain analysts, had previously deposited money obtained through phishing scams from three cryptocurrency companies in June and…

FridayJul 19, 2024 9:00 am

Dollar Slides, Bitcoin Climbs as Markets Mull Trump Win

Recent comments from Fed Chair Jerome Powell caused the dollar to slightly decline, while cryptos experienced an uptick due to speculation that former President Donald Trump’s assassination attempt increased his chances of reelection. Trump, known for his procrypto stance, has yet to outline specific policies for the cryptocurrency sector. Following the incident, betting odds for Trump’s victory improved. PredictIt, an online betting platform, showed Trump’s election odds climbing to 67 cents from 60 cents on last week, while Biden’s odds were at 27 cents. The dollar often strengthens with “Trump trade,” which includes assets expected to do well under Trump’s…

WednesdayJul 17, 2024 9:00 am

How Tokenized RWAs Are Performing Better Than Cryptos

Tokenization of real-world assets (RWAs) is becoming more popular among institutions, with financial heavyweights such as BlackRock diving into their own tokenized assets. Blockchain technology allows traditional assets, particularly private and alternative assets, to be dispersed, issued and managed more effectively. Since 2018, the Security Token Market (STM) has been keeping an eye on more than 600 tokenized items in this market. Here are some key trends and their performances. One notable example is the BlackRock USD Institutional Digital Liquidity Fund ($BUIDL), a tokenized money market fund that has become a favorite among institutions. By the end of June 2024,…

TuesdayJul 16, 2024 11:15 am

Ensuring the Future of Your Digital Assets: Insights from the Digital Assets Protection Webinar

The Digital Assets Protection Webinar organized by Blockchain Legal Institute Inc. was held online on June 29, 2024, and covered the topic of safeguarding your Digital Assets & Legacy. The event was attended by traders, entrepreneurs, shareholders, enthusiasts, businesses dealing in digital assets, and those who have a keen interest in the subject. Digital asset organizations and investors took to the platform to connect with experts and engage in important topics that guide the digital assets world. The speaker's sessions were presided over by two esteemed dignitaries of the Digital assets realms, namely, Jacqueline Cooper, JD, CEO of the Blockchain…

TuesdayJul 16, 2024 10:30 am

Artificial Intelligence takes Center Stage at Blockchain Futurist Conference 2024 in Toronto

The highly anticipated Blockchain Futurist Conference, Canada’s Largest Web3 Event, is set to return for its sixth year to Toronto this August 13-14, 2024, with a focus on Artificial Intelligence as a core theme. This year's event promises to offer sessions, panels, and sub-events centered around AI, highlighting how these technologies are transforming Web3 and reshaping our world. The dedicated AI segment is scheduled for Wednesday, August 14, 2024, and is accessible with all conference passes. AI and Web3 technologies are rapidly converging to create a future that promises to revolutionize the digital landscape. AI's ability to analyze vast amounts…

MondayJul 15, 2024 9:00 am

Research Company Says H1 of 2024 Saw Crypto Heists Double to $1.38B

According to a report by TRM Labs, a blockchain research organization, hackers were able to double their Bitcoin haul in the first half of 2024 compared to the previous year. The report highlights that hackers swiped $1.38 billion worth of crypto between January 1 and June 24, significantly more than the $657 million stolen in the same timeframe last year. This surge in stolen crypto was largely driven by a few major heists, with the top five attacks accounting for 70% of the total amount taken. TRM Labs identified seed phrase compromises and private keys as the primary methods used…

FridayJul 12, 2024 6:49 pm

Blockchain Life 2024 in Dubai Unveils First Speakers, Featuring Industry Leaders from Tether, Ledger, TON, Animoca Brands and More

Blockchain Life 2024, one of the world's leading events in web3, cryptocurrencies and mining sphere, just announced the first wave of its esteemed speaker lineup for the 13th edition of the event. Bringing together over the 10,000 most influential figures from all over the world on October 22-23, the Blockchain Life 2024 promises to deliver powerful insights on making money during the current Bull Run. Among the first lineup of speakers are: Paolo Ardoino - CEO Tether Xinxi Wang - Co-Founder of Litecoin Foundation Robby Yung - CEO Animoca Brands Sasha Plotvinov - Founder of Notcoin Eowyn Chen - CEO…

FridayJul 12, 2024 9:00 am

German Government’s $2B in BTC Holdings Making Investors Jittery

For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin, contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wallet they control. The BKA sold 900 Bitcoins last month, valued at around $52 million. Additionally, last week, the government sold 3,000 Bitcoins worth approximately $172 million, and just this Monday, another 2,739 Bitcoins were sold for about $155 million. The German government has been transferring its Bitcoin holdings to various exchanges such as Bitstamp, Kraken…