Crypto Evening Briefing: Kraken Is Planning To Launch Its Own Bank
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment.
Demand for Blockchain Devs Is Soaring—But Not Just in Crypto
After layoffs and bankruptcies, cryptocurrencies were also hit hard. The industry's market cap plummeted from roughly $2.23 trillion at the start of 2022 to just $832 million at the start of 2023, starting in earnest from June onwards and intensifying following the implosion of FTX, according to data from CoinGecko.
9 Reasons Why Solid Crypto Projects Fail to Attract Users
There are many reasons why a project fail. Unable to attract users is one of them. In this article, I will tell you 9 reasons why many crypto projects fail to attract users.
Binance Recommends P2P As Ukraine Suspends Hryvnia Use on Crypto Exchanges
Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and fro exchanges, Binance reminded users about how P2P services come in handy when trading cryptocurrencies.
50% of Payment Firms See Merchants Embracing Crypto Settlements Within 3 Years (Survey)
More than half of the 300 respondents think global merchants will say “yes” to crypto payments in the next three years. Participants in the Middle East and Africa are more bullish: 27% believe this will happen in the next 12 months. Latin Americans seem the most bearish, with 67% predicting this to occur more than three years from now.
The Crypto Industry Has ‘Already Started’ Moving Outside of the US, Says Ripple CEO
In a Mar. 3 Bloomberg interview, blockchain-based digital payment network Ripple’s CEO Brad Garlinghouse, suggested that the SEC's approach to regulation is putting the U.S. at “severe risk” of not being a hub for the next evolution of blockchain and crypto innovation.
Burning Crypto Explained: How Its Affecting SHIB and ETH
Coin burning is the process of permanently removing a portion of a cryptocurrency's supply from circulation, and it offers cryptocurrency projects a way to manage supply.
Blockchain and Crypto in Payments: Transforming the Way Money Moves
97% of industry leaders across multiple sectors believe in the power of blockchain and crypto to speed up payments within the next three years.
‘I Used to Be in Crypto, but Now I Got Interested in AI’: Elon Musk
Twitter CEO Elon Musk tweeted “I used to be in crypto, but now I got interested in AI".
Crypto Community Reacts As Bitcoin Bear Market Fears Continue
The crypto market saw a sharp decline at 12 am UTC on March 3. The price of Bitcoin (BTC) fell by over 5% from around $23418 to $22163, according to CryptoSlate data. Most of the drop occurred within an hour as the BTC price fell by over $1,000 in seconds.
