Bank Negara Malaysia (the central banking institution of the nation) has reportedly joined the global race to develop a digital version of its national currency. As of the moment, the project is still...
Tag: report
JPMorgan Says Solana (SOL), Tezos and One More ETH Rival Challenging Ethereum’s Dominance in the NFT Market: Report
An analyst from JPMorgan says that Ethereum (ETH) is losing ground to several competitors which are gaining dominance in the non-fungible token (NFT) market. In a note seen by Markets Insider, analyst...
FTX the Fastest-Growing Crypto Exchange in 2021: Report
Key Takeaways FTX has released an impressive end-of-year report for 2021. The report concludes that FTX was the fastest-growing cryptocurrency exchange in 2021. FTX’s success is likely attributa...
DappRadar Report: NFTs Immune to Dumping Crypto Prices, Blockchain Gaming Flips DeFi Activities
The latest Blockchain User Behavior report by DappRadar on January 13 suggests that NFTs are immune to crypto price fluctuations as experienced in the tail-end of 2021. Irrefutable on-chain data showe...
European VC Blossom Capital Raises $432M For Investments in Tech, Crypto: Report
London-based venture capital (VC) firm Blossom Capital has raised $432 million to invest in early-stage technology startups in Europe, including crypto, according to a Bloomberg report published on Tu...
JPMorgan Executive Says Crypto Is in the ‘Napster’ Phase of Its Life Cycle: Report
An executive from JPMorgan says that the crypto markets are at the same point that the music streaming industry was in the 1990s. Speaking to The Financial News, Umar Farooq, head of the banking giant...
Thailand’s Former SEC Chief Opposes Possible Crypto Taxation: Report
Tipsuda Thavaramara – former Deputy Secretary-General of Thailand’s Securities and Exchange Commission (SEC) – disagreed with the government’s intentions to impose a 15% capital gains tax on cryptocur...
$500,000 Bitcoin Donation Prompts Renewed Investigation Into Capitol Hill Riot: Report
Law enforcement and intelligence agencies are investigating the funding sources behind Capitol Hill rioters after a $500,000 transfer worth of Bitcoin has sparked renewed concern, per Yahoo News. Thi...
Binance to Establish a Crypto Exchange in Thailand (Report)
The world’s leading digital asset platform – Binance – has reportedly collaborated with the Gulf Energy Development PCL – owned by the Thai billionaire Sarath Ratanavadi. The main goal is to set up a ...
Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial instituti...
Indian TikTok Rival Chingari Raises $15M Round Led by Republic Capital: Report
Chingari, an Indian short video platform akin to TikTok, has raised $15 million in a funding round led by Republic Capital, the private venture arm of investment firm Republic, according to a report b...
Pakistan’s Federal Agency to block crypto websites, report finds
According to local news outlet Dawn, Pakistani Federal Investigations Agency’s (FIA) director-general, Dr. Sanaullah Abbasi stated on Saturday that the agency will approach the Pakistan Telecommunicat...
Sotheby’s to Accept Crypto for a 555-Carat Black Diamond (Report)
Half a year after a diamond was paid for with cryptocurrencies, Sotheby’s will host another auction for a rare 555.55-carat diamond that can be sold for digital assets. According to a recent Forbes re...
NFTs and Blockchain-Based Games on the Rise Despite the Recent Crypto Decline (Report)
The non-fungible token universe and blockchain-based games seem to have their own macro events that affect their growth. A set of reports by the analysis company DappRadar revealed that the number of ...
Cathie Wood’s ARK Invest Opens Position in Company Merging With Stablecoin Giant Circle: Report
Veteran hedge fund manager Cathie Wood’s ARK Invest is buying up shares of a special-purpose acquisitions company (SPAC) that is merging with a prominent stablecoin firm. According to a report from Ma...
Walmart to Venture Into Crypto and NFTs: Report
Alex Dovbnya Walmart is reportedly preparing to launch its own cryptocurrency Bentonville-headquartered retail behemoth Walmart is readying to venture into crypto and non-fungible tokens (NFTs), accor...
Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers: Report
Financial services giant Fidelity says that more nations will buy Bitcoin (BTC) this year to remain competitive. In a new report, strategists at the firm say that a high-stakes form of game theory is ...
Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report – Bitcoin News
Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) wh...
Electric Jaguar May Gamble On Risky Move Upmarket After Self-Imposed Limbo; Report
Jaguar needs new designs to wow buyers, like this old E-Type (Photo by Andrew H. Walker/Getty Images … [+] for Jaguar) Getty Images for Jaguar While Jaguar reimagines its future, there’s a dange...
Israeli Policymakers Test the Limits and Risks of Digital Shekel: Report
In the quest not to fall behind in its drive to develop a central bank-backed digital currency (CBDC), policymakers in Israel reportedly tested stakeholders’ views to determine the risks and limits of...
KuCoin report shows which coins Turkish investors are using to fight inflation
Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companie...
DeFi and NFT Scaled to New Heights in 2021: CoinGecko Report
CoinGecko’s 2021 report noted that DeFi managed to branch out from Ethereum onto other chains at a rapid pace. The NFT market, on the other hand, saw a meteoric rise thanks to the complementary areas ...
44 DeFi Hacks in 2021 Were Due to Centralization Issues – CertiK Report
44 DeFi hacks in 2021 were a result of centralization issues, according to a report by blockchain security firm CertiK. The report noted that security was becoming a priority task as DeFi gained even ...
Chainalysis Report Claims Criminal Usage Of Cryptocurrency Will Decrease In 2022
The crypto market saw a huge rise in the year 2021. Along with legitimate use, it’s also used for many illegitimate purposes. But now, according to a recent report by data analytics firm Chainalysis, ...
NFT sales and blockchain games continue to grow despite the recent market slump: Report
January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin (BTC) and other cryptocurrencies. Some have attributed the slump to recent...
Judiciary Adviser Calls for English Law to Keep Pace With Crypto: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...