Auto Added by WPeMatico

Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at…

Continue ReadingGlobal Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

New York Tightens Customer Service Regulations for Crypto Companies

The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to…

Continue ReadingNew York Tightens Customer Service Regulations for Crypto Companies

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows…

Continue ReadingMetaplex Announces Introduction of Hybrid Defi Protocol for Solana

Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale

Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions…

Continue ReadingNigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale

Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets

Following the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket…

Continue ReadingConviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets

Transak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution

Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of…

Continue ReadingTransak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution