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Survey Reveals Bitcoin Adoption Has Worsened Businesses in El Salvador

When El Salvador shockingly announced the adoption of the flagship asset as a legal tender last September, it was met with criticism, and a lot was expected from the implementation. The IMF and the World Bank considered the bill ridiculous and careless, while El Salvadorians took to the streets to protest, arguing that the adoption … Read more

Jack Dorsey’s Block Participates In Latest Funding Round For Japan’s Top Fintech Firm

Popular Japanese crypto wallet, Kyash, has announced the completion of its series d fundraising round and disclosed that it generated $41.3M from the funding round. Since its launch seven years ago, the company has generated nearly $110M through various fundraising rounds. Investors From Across The World Participated In The Funding Round Venture capitalists within and … Read more

Goldman Sachs Grants Its Users More Access to ETH Fund Through Galaxy Digital

One of the largest investment banks Goldman Sachs will allow its clients better access to ETH funds through Galaxy Digital. This news comes after the multinational bank was named as a fee receiver in the latest SEC filing for promoting GD crypto investments to its clients on Tuesday.  Goldman Sachs has been exposing its clients … Read more

“Crypto Oasis” Envisions To Reach 1000+ Organizations By Q2 2022

The Middle Eastern countries have demonstrated their commitment to the global blockchain community by joining it. The United Arab Emirates has a reasonable basis for blockchain-related firms thanks to Switzerland’s Crypto Valley and the UAE government’s forward-looking posture. For the Davos World Economic Forum in January 2020, DMCC partnered up with Crypto Valley, a Blockchain … Read more

Avalanche Launches Its Multiverse Program With $290 Million

“Subnets might be the next great breakthrough in blockchain tech,” says Emin Gün Sirer, leader of the Avalanche Foundation. Avalanche, a blockchain platform, has announced the introduction of an incentive program called Avalanche Multiverse. The program will help drive the adoption of blockchain ecosystems designed for a particular app. These ecosystems are referred to as … Read more

China Nabs Illegal Miners As Ukraine Calls for Total Ban on Exchanges Servicing Russians

Chinese local authorities have busted a mining farm in Guangzhou and Jieyang, both in Guangdong, disguised as an electric vehicle charging station. The authorities disclosed the farms flaunted as an EV charging center but behind had several mining rigs. In total, the authorities claimed to have sized about 1,100 mining pieces of equipment from the … Read more

US Treasury to Launch Crypto-Focused Education Program

The US Department of Treasury (DOT) has outlined plans to establish an education program to inform people of virtual crypto investments and their risks. The DOT is convinced that more awareness of the dangers of digital asset investing would mitigate financial losses, especially as the market is on the mainstream level. A subsection of the … Read more