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Crypto Adoption

Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects

Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam ProjectsA new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Google Cloud becomes main validator on Cronos blockchain

Google Cloud will contribute to Cronos’ decentralization and security, along with other notable validators like Crypto.com and Blockdaemon.

Google Cloud has become the main validator of the Cronos blockchain, showcasing the growing adoption of cryptocurrency by global technology giants.

As an expansion of its strategic partnership with Cronos Labs, Google Cloud will become the main validator on the blockchain, aiming to bring more technical innovation and increase developer adoption on the network.

The partnership is a sign of Google Cloud strengthening its commitment to the Web3 space, according to Rishi Ramchandani, the head of Web3 APAC at Google Cloud. He wrote:

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Institutional investments in Solana blockchain DApps up 54% in Q3

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.

Update Nov. 1, 2:29 pm UTC: This article has been updated to include quotes from Messari Protocol Services.

Institutional investments in Solana-native blockchain applications have seen a resurgence in the third quarter of 2024.

During the third quarter, 29 Solana-based decentralized applications (DApps) raised a cumulative $173 million, marking a more than 54% increase compared to the previous quarter.

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices

Study: Trump Win Likely to Spark Bullish Trend in Crypto PricesA recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party’s business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.1% of respondents think a […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Winklevoss-backed DeFi platform launches after $6.9M investment round

Azura completed a $6.9 million investment round backed by the Winklevoss twins, Volt Capital and Alliance DAO.

Azura, a new all-in-one crypto application aggregation layer, has launched with support from some of the most notable crypto founders.

Azura, which brands itself as an onchain interfacing layer, launched on Oct. 22, aims to lower the entry barrier for new investors and enable them to trade any asset via decentralized finance (DeFi) applications.

Azura aims to support all blockchains and protocols, according to an Oct. 22 X post:

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access

Binance Expands Mobile Money Across Africa — 6 More Countries Gain AccessCrypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Ethereum validators up 30% in a year, driven by institutional adoption

Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.

Ethereum validators recorded significant growth during the past year, highlighting the continued institutional adoption of cryptocurrencies.

The number of Ethereum validators increased by more than 30% during the past year, exceeding one million for the first time in June 2024, up from 824,300 in September 2023, according to a research report from Flipside Crypto shared with Cointelegraph.

The rise in validators is attributed to growing institutional interest, spurred by developments in the restaking and liquid staking sectors, said Carlos Mercado, a data scientist at Flipside Crypto.

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

US election outcome won’t stop Bitcoin from hitting $100K: Dan Tapiero

Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said.

The United States election outcome won’t change the bullish trajectory of cryptocurrencies such as Bitcoin (BTC), which will likely tap $100,000 per coin regardless of which presidential candidate prevails, Dan Tapiero, founder of 10T Holdings, said on Oct. 10. 

Dan Tapiero in a panel discussion at the Permissionless conference. Source: Cointelegraph

“I don’t think it really matters. Everything is going up now. The election will pass,” Tapiero said during a panel discussion at the Permissionless conference in Salt Lake City, Utah. 

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Crypto adoption on track to hit 8% by 2025: Report

Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort.

Global cryptocurrency adoption is approaching a significant milestone, with 7.51% of the world’s population now using digital currencies, according to a report by MatrixPort.

The report projects this figure to exceed 8% by 2025, signaling a potential shift of crypto from a niche market into mainstream financial systems.

The report highlights the growing influence of institutional involvement, which is a key factor driving the steady increase in adoption.

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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’

Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets

Experts Say P2E Games ‘Normalize’ Crypto in Emerging MarketsPlay-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve as a bridge to mass crypto adoption by leveraging the popularity of gaming and introducing users to the […]

President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’