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Bitcoin's price has seen a significant 4.21% drop over the past 24 hours, falling from $27,209.58 down to $26,079.09 as of September 1, 2023. This price decline comes after a relatively stagnant week for Bitcoin, with only a 0.19% decrease over the
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Cryptocurrency exchanges in Australia are taking proactive measures to protect users from scams, focusing their efforts on direct communication to "break trust" between victims and scammers. Executives from major Australian exchanges recently came together at the Intersekt 2023 conference in Melbourne to discuss the growing threat of crypto
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Cryptocurrency and Bitcoin are rapidly gaining popularity among young investors in Vietnam. A new report reveals that over 75% of Vietnamese cryptocurrency holders rely on referrals from friends when making investment decisions. This high level of peer influence highlights the grassroots spread of virtual assets in Vietnam's tech-savvy
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Cryptocurrency markets appear primed for significant expansion as several key factors converge that could ignite the next “bull run” phase of rapid price appreciation. According to industry experts, Bitcoin in particular looks poised for major growth stemming from increased mainstream adoption, built-in supply constraints, and evolving regulatory clarity. While the
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Cryptocurrency hacks and scams are nothing new, but the major hacking incident in August highlighted Bitcoin's continued strength and security compared to smaller altcoins and DeFi platforms. According to a report by blockchain security firm Immunefi, a total of $23.4 million in crypto was stolen through hacks
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A new partnership between Surecomp and Pelican AI aims to enhance digital trade risk management and regulatory compliance through the use of innovative technologies like artificial intelligence (AI) and cloud computing. This collaboration presents significant opportunities to streamline cumbersome paper-based processes, enable scalability, and reduce risk in global trade finance
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KKR Real Estate Finance Trust (KREF), a commercial real estate finance company, received a vote of confidence from analysts at JMP Securities this week. The firm maintained its "Market Outperform" rating on KREF stock, suggesting a potential 12% upside for the share price. This positive outlook comes as
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Vietnam has emerged as a global leader in cryptocurrency adoption, with over 19% of adults now owning digital assets according to Chainalysis. This burgeoning interest is being fueled by social referrals, with a new report finding that over 75% of Vietnamese crypto investors make decisions based on tips from friends
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Financial services provider Nexo has unveiled a new cryptocurrency-backed debit card for citizens of the European Economic Area (EEA). The Nexo Card allows users to instantly convert their cryptocurrency holdings into fiat currency and spend it anywhere Mastercard is accepted. The launch provides European crypto holders with a major new
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Coinbase CEO Brian Armstrong has outlined 10 ideas he believes could shape the future of crypto, presenting an ambitious vision that could accelerate Bitcoin's journey towards mainstream adoption. In a company blog published on August 30th, Armstrong shared concepts he hopes aspiring developers will build on during the
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A new meme coin called Shiba Memu (SHMU) has exploded onto the crypto scene, raising an impressive $2.2 million in just 8 weeks. This meteoric rise signals a shift in the perception and adoption of meme coins, and could have positive implications for major cryptocurrencies like Bitcoin. The Rise
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* X, the newly renamed social media platform owned by Elon Musk, has acquired currency transmitter licenses in multiple states, expanding its potential to facilitate mainstream crypto services. However, the licenses also allow X to enable broader payment functionalities like Venmo or PayPal. Elon Musk's vision for X, the
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Amidst the ongoing crypto bear market that has seen Bitcoin prices tumble nearly 70% from their all-time highs, a ray of hope has emerged from an unlikely source - JPMorgan Chase & Co. In a recent report, the banking giant suggests the steep declines seen in cryptocurrency markets over the
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A recent court ruling in favor of Grayscale Investments could mark a turning point for bitcoin and the wider crypto industry. Grayscale's legal win over the SEC suggests regulators may become more open to bitcoin ETFs and provides optimism for the long-term future of digital assets. On Tuesday,
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The Securities and Exchange Commission (SEC), led by chair Gary Gensler, has suffered significant legal defeats recently in high-profile crypto industry cases. These rulings undermine the SEC's aggressive stance against cryptocurrencies like Bitcoin and suggest the regulatory landscape may be shifting in a more crypto-friendly direction. In a
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Bitcoin is a decentralized digital currency that can be sent peer-to-peer without the need for banks or other third parties. It relies on a technology called blockchain, which serves as a public ledger of all Bitcoin transactions ever made. For Bitcoin to function properly, transactions must be verified and added