The latest Crypto Wealth Report 2024 by Henley & Partners has revealed some staggering statistics regarding the growth of wealth in the crypto market. The number of individuals holding over $1 million in digital assets has surged by 95% to 172,300, with the total value of the crypto market reaching $2.3 trillion, an 89% increase
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In the past five decades, the payments industry has seen significant growth and has become one of the largest sectors globally. However, one major issue remains – the industry still relies on outdated technology that is becoming more inefficient over time. A recent report from Binance Research sheds light on the potential benefits of blockchains,
Semilore Faleti, a cryptocurrency writer, has made a name for himself in the world of journalism and content creation. He has displayed a particular talent for delving into the complexities of blockchain technology and cryptocurrency, demonstrating a deep understanding of these intricate systems. Semilore’s passion for digital assets is evident in his advocacy for the
Blowfish Studios, the esteemed game studio under Animoca Brands, is currently hard at work developing an innovative PvP game known as DarkTimes that is set to revolutionize the gaming industry. Inspired by Nordic mythology, DarkTimes immerses players into a dark and fantastical world filled with fast-paced combat and RPG elements. Unlike traditional battle royale games,
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His journey into the realm of cryptocurrencies was far from conventional, starting with a less-than-ideal experience involving a Ponzi scheme that lured him in with promises of quick riches. However, instead of being deterred by
The Cardano network is on the verge of one of its most significant upgrades to date, with the Chang hard fork set to be deployed in the coming days. This update will bring new features and mark the blockchain’s transition into a community-run network. Originally scheduled for August 27th, the Chang hard fork launch was
Gameplay Galaxy, a promising player in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This round, co-led by Blockchain Capital and Merit Circle, has propelled the company’s total valuation to $71 million and total funding to $24 million. The primary focus of this funding round is to
Indian cryptocurrency exchange WazirX has recently faced significant challenges following a major security breach on July 18. The exchange has expressed concerns that external parties not invested in the platform may be attempting to prolong its restructuring process for their own gains. These parties are allegedly creating and maintaining “uncertainty” rather than working towards a
The DeFi Education Fund and the Blockchain Association have raised significant privacy and security concerns regarding the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). The CAT, launched in April, aims to track all securities trades across US markets, creating the largest government-mandated collection of personal financial data in history. The NCLA initiated a
Opeyemi is a skilled writer and an enthusiast in the exciting and unique realm of cryptocurrencies. Despite the fact that the digital assets industry was not his first choice, he has remained absolutely drawn to it since he ventured into the space over two years ago. Opeyemi takes pride in creating unique pieces that unravel