Cryptocurrency Adoption in Emerging Markets: Vietnam
Vietnam is seeing the highest crypto adoption rate in the world, yet the Vietnamese government does not currently recognize cryptocurrencies as legal tender.
Bear Market Effects: Installation of New Crypto ATMs Slows Down
The latest figures show that the first eleven months of 2022 have seen the installation of 6,100 new crypto automated teller machines (ATMs).
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
The CEO of Binance, Changpeng Zhao (CZ), talked about cryptocurrency regulation following the collapse of crypto exchange FTX Friday at a Binance event in Athens, Greece.
Congressman Tom Emmer “More Concerned Now” That SEC’s Crypto Strategy Isn’t Working
US Congressman Tom Emmer has faulted the Securities and Exchange Commission (SEC) for failing to prevent the FTX collapse despite outwardly promoting tough crypto-focused rules.
SHIB Bounces From a Faithful Support Level but the Bulls Could Still Be in Trouble
The World Economic Forum had invited Shiba Inu to participate in discussions around the metaverse as revealed by a tweet from Shiba’s lead developer Shytoshi Kusama. Shiba Inu also noted a 15.9% move upward in the past three days.
Thomas Lee Sticks To His Bitcoin Price Prediction Of $200K
Despite a dismal performance in 2022, leading Wall Street strategist Thomas Lee, who is also the co-founder of Fundstrat Global Advisors, is of the opinion that cryptocurrency will eventually make a comeback. Lee also noted that he would be sticking to his Bitcoin price prediction of $200K even if the current market is negative.
Crypto Exchange Huobi Denies Rumors It Will Merge With Poloniex
Cryptocurrency exchange Huobi has said rumors that it will merge with Poloniex are "categorically untrue."
1inch’s Latest Offering Targets Greater Security; Can It Pacify Troubled Investors
1inch, a leading cryptocurrency exchange aggregator, released the Rabbithole tool on 25 November, aimed at protecting users against sandwich attacks. Rabbithole allows users to send transactions to Ethereum [ETH] nodes directly, bypassing the mempool.
Solana’s Flagship Gaming and Social Media Funds Have Been Only Partially Deployed
At Breakpoint 2021, Solana Labs announced two flagship funds: a $100 million fund focused on decentralizing social media and a $150 million fund to encourage blockchain-based gaming.
Crypto Firm Spent $600,000 to Create a Half-Elon Musk, Half-Goat Statue
The cryptocurrency company EGT (which stands for Elon GOAT Token) built an interesting monument of Elon Musk. The statue represents a creature with a goat’s body and the entrepreneur’s head stuck on it that is about to shoot into space on a rocket.
