Crypto News Center

South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use

In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive $64.35 billion. Meanwhile, profits for 21 local centralized exchanges (CEXs) climbed 106% year-over-year, reaching $428 million. Stablecoins Play Major Role...

SheVerified: Ariel Wengroff, VP of Marketing and Communications at Ledger, on Turning Blockchain Into Global Narrative 

Ariel Wengroff has always been drawn to innovation and storytelling. With a background in producing award-winning content at VICE Media, she now leads global marketing and communications at Ledger. Her career shift from traditional media to the world of blockchain was driven by her passion for challenging existing systems and giving people more control over their assets. In this interview, Wengroff talks about how she uses storytelling to make complex...

US Solana ETFs ‘Inevitable’ Following Brazilian Approval, Say Several Industry Experts

VanEck, the first asset managers to file for a US-based Solana ETF, have declared they believe approval is “inevitable” following Brazil greenlighting the financial products. Some analysts in the industry believe the regulatory pathway to seeing SOL ETF approval is too convoluted. However, optimism is growing that the SEC will relent and allow US investors to trade Solana through the wrappers of an ETF. As Ethereum ETFs in the United...

3 Reasons Why MoonTaurus (MNTR) Will Control Larger Market Cap Than Pepe (PEPE)

As the cryptocurrency market evolves, MoonTaurus (MNTR) is emerging as a formidable contender with the potential to surpass Pepe (PEPE) in market capitalization. MoonTaurus stands out due to its innovative approach and strategic vision. Here are three compelling reasons why MNTR is positioned to achieve a larger market cap compared to Pepe. With a well-defined roadmap, built-in scarcity features, and a proactive community engagement strategy, MoonTaurus is not only setting...

Developing nations hold key to AI, blockchain’s next frontier

Homepage > News > Business > Developing nations hold key to AI, blockchain’s next frontier This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. As artificial intelligence (AI) and blockchain continue to deepen their impact on the global economy, developing nations are emerging as the driving force behind some of the...

Nigeria Civil Aviation Authority integrates blockchain

Homepage > News > Business > Nigeria Civil Aviation Authority integrates blockchain The Nigeria Civil Aviation Authority (NCAA) has deployed blockchain technology to boost efficiency, reduce flight disruptions and enhance transparency. At a recent event, NCAA Public Affairs Director Michael Achimugu revealed that the Authority has been on a digitalization drive. Blockchain has emerged as one of the transformative technologies that can improve Nigeria’s aviation sector, which directly contributed $1.7...

Nigeria restarts $35M money laundering case against Binance

Homepage > News > Business > Nigeria restarts $35M money laundering case against Binance Nigeria’s financial crimes watchdog has amended its lawsuit against Binance and one of its executives, accusing the exchange of laundering over $35 million. The Economic and Financial Crimes Commission (EFCC) submitted the amended lawsuit to Justice Emeka Nwite of the Federal High Court in Abuja this week, local outlets report. It alleges that Binance and its ...

Cambodia crackdown locks out 16 crypto exchanges

Michael Saylor said Bitcoin represents the “greatest digital transformation of the 21st century” Saylor believes it “makes sense” for Microsoft to buy and hold Bitcoin rather than buy stock back or hold bonds Over the past five years, Saylor said that Microsoft has surrendered hundreds of billions of dollars of capital Michael Saylor has told Microsoft that Bitcoin is the best asset a company should own, claiming it represents the...

Bitcoin suffers pullback: What can push BTC to 100K now?

contributor Posted: November 27, 2024 Share this article A look at why Bitcoin failed to soar above $100,000 last week. Why a pullback was inevitable and what to expect moving forward. Bitcoin’s [BTC] came close to clocking a six-digit price tag, but it did not manage to do so. This was contrary to high expectations, and it has since then pulled back considerably, especially during the weekend. The Bitcoin Fear...

David Marcus Opens Up On Libra “Kill Job”

By Mark Hunter 2 days agoMon Dec 02 2024 08:00:48 Reading Time: 2 minutes Former Libra head David Marcus has opened up on the experience Marcus quit in 2021 when the project was already on a path nowhere Marcus called the death of Libra “100% a political kill” The former head of Meta’s Libra cryptocurrency has opened up on the “kill job” that eventually saw the coin’s lofty ambitions end...