Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the ‘Crypto Wealth Report’ said it received a spike in the number of crypto-related enquiries by millionaires in the last 6 months.
40% of crypto trading platforms are decentralized: World Federation of Exchanges
The World Federation of Exchanges noted that retail demand is higher for crypto products, but there’s a lack of awareness around investor protection.
Canadian crypto ownership declines amid tight regulations, falling prices
The biggest motivation for Canadians interested in Bitcoin is as an investment, according to over one-third of the 4,996 respondents in the Bank of Canada’s 2022 survey.
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue.
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Generative AI is quickly infiltrating organizations, McKinsey reports
the single largest category of functions where gen AI was being used as of April 2023 was marketing and sales, at 14%, according to McKinsey.
Crypto VC funding tumbles as economic uncertainty scares off investors
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal.
Bitcoin miners hedging with recent sell-offs – Bitfinex report
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
How to use DeFi the right way — This latest guide can help
This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance.
Crypto VC market flashes green amid macroeconomic recession alarms
May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022.