Kazakhstan shuts down 36 illegal crypto exchanges in 2024 crackdown
Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.
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Former Visa exec joins Crypto.com to drive Latin American market
Traditional finance execs are increasingly moving into crypto positions. 2506 Total views 24 Total shares The cryptocurrency industry welcomes another high-profile executive from traditional finance.Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market.According to an Oct. 28 blog…

ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M
ARK Invest estimates Bitcoin could rise to anywhere between $500,000 and $2.4 million by the end of 2030 as Bitcoin continues to be adopted by institutions and nation-states. 368 Total views 3 Total shares Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the

Forbes ‘Fintech 50’ List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut
Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field.Given that the notorious crypto boom of 2017 has been followed by the relentless bear market,…

Asia-Pacific’s solarized digitalization agenda in pandemic times
The virtual 7th Asia-Pacific Climate Change Adaptation Forum was jointly hosted by the Ministry of the Environment of Japan and the Asia Pacific Adaptation Network with the theme “Enabling Resilience for All: The Critical Decade to Scale-up Action.” The forum took place in March and was held to formulate national adaptation planning for science and…

Enigma’s Ethereum-Based Private Smart Contract Testnet Goes Live
The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11.Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network…

BlackBerry Introduces Blockchain-Backed Platform Focused on Healthcare Services
As part of its pivot into security and computing, software company and former smartphone manufacturer BlackBerry has released a blockchain-powered platform. The new product focuses on the healthcare field, according to a press release published Oct. 4.Per the announcement, BlackBerry has partnered with technology firm ONEBIO to develop a blockchain-backed “ultra-secure” ecosystem. The system is…

Brazil’s crypto surge prompts central bank to tighten regulation
According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022. 91 Total views 2 Total shares The governor of Banco Central do Brasil, Brazil’s central bank, said the bank has noted a significant surge in crypto adoption in the country and

GameFi apps revived interest in blockchain gaming: Huobi Research
GameFi initiatives have seen a steep increase since June 2021, owing to a sizable reduction in transaction costs and improved user experience. 632 Total views 7 Total shares Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of…