According to new research from the International Monetary Fund (IMF), Bitcoin is revolutionizing the way payments are transferred globally. This study, based on extensive data, highlights Bitcoin’s potential in isolated regions where banking systems feature strict regulations or are otherwise limited in scope. The study differentiates between two types of Bitcoin transactions: on-chain and off-chain. … Read more
Kraken, a well-known cryptocurrency exchange, aims to strengthen its position in the US market by purchasing TradeStation Crypto, the division of online brokerage TradeStation responsible for digital asset transactions. This acquisition brings Kraken additional licenses, enhancing the company’s regulatory status in the United States. TradeStation Crypto, which is headquartered in Florida, has obtained numerous regulatory … Read more
Superlogic, the company behind blockchain and AI-driven loyalty systems, has successfully completed a funding round, raising $7.6 million from investors. Backers such as Amex Ventures, Sangha Capital, and 10SQ Capital took part in this financing, pushing Superlogic’s total investment to more than $15 million. The newly acquired funds will expedite the rollout of Superlogic’s advanced … Read more
According to a recent report by CertiK, there’s been a significant increase in the use of Tornado Cash, a blockchain mixing service, by criminal elements for cryptocurrency exploits. In the first quarter of 2024 alone, this security firm identified nearly 60% (or 134 instances) of money-laundering activities involving this service. In Q1 2024, out of … Read more
GameFi is an emerging field that combines gaming and finance using blockchain technology, cryptocurrencies, and NFTs. In this realm, players can earn real rewards while playing games. This innovative sector merges with Web3, the decentralized internet concept, to create user-owned platforms and engaging gaming experiences. The popularity of GameFi is on the rise, and experts … Read more