Wednesday, April 24, 2024
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Marketing company wants 90% of Japanese population on Web3: KBW 2023

Proof-of-stake (PoS) blockchain platform Avalanche is expecting 5-10 million transactions on a subnet as a Japanese loyalty program company that claims to have 100 million users has partnered with the network to bring their mass-scale loyalty rewards program into a blockchain. Cointelegraph’s Andrew Fenton interviewed Nick Mussallem, Ava Labs' head of

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Ethereum whale population drops after Shapella — Will ETH price sink too?

The share of Ethereum (ETH) held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in t near term.ETH whale population shrinks post-ShapellaThe amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on

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BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week

Bitcoin (BTC) keeps pushing for a bullish end to February as the monthly close starts another week’s price action.The largest cryptocurrency looks set to preserve its gains as it closes the second month of 2023 — and is keeping bulls’ hopes alive in the process.Can the good times continue? The

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Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked – Featured Bitcoin News

Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification required for

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One in ten households in eurozone population centers now own cryptocurrency

On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said

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Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population – Regulation Bitcoin News

Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons why Muslims must avoid investing or using

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South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report

South Africa’s Financial Sector Conduct Authority (FSCA) is preparing a regulatory framework for crypto to protect the more vulnerable members of its society.The regulator wants to establish rules on how crypto trading should be conducted, according to a Bloomberg report Friday.“What we want to be able to do is to

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Coinbase warns infrastructure bill’s crypto provisions could impact 20% of US population

Coinbase’s Global VP of tax, Lawrence Zlatkin, has taken aim at the rushed cryptocurrency provisions added to Congress’ bipartisan infrastructure bill “at the last minute,” slamming lawmakers for hastily inserting amendments that could impact “60 million Americans.”In an Aug. 21 blog post taking aim at an Aug. 19 editorial article

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Crypto population doubled to over 200M users since January, report says

Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new report.Major digital asset company Crypto.com released its latest study on measuring global cryptocurrency users on Thursday, discovering that the number of crypto users worldwide has more than doubled from

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