The crypto surge in South Korea centres on XRP and Dogecoin, which dominate local trading volumes. This surge began with a $1 billion short squeeze and has evolved into a widespread buying spree in riskier cryptocurrencies. XRP and Dogecoin now surpass Bitcoin and Ethereum in trading activity on South Korean exchanges. XRP and Dogecoin Drive […]
Criminals in 2024 prefer cash over cryptocurrency for illegal activities. A recent report from the Crypto Information Sharing and Analysis Center (CryptoISAC) shows that cash remains the dominant currency for illicit finance. Although crypto gained an early reputation as a tool for crime, its usage in illegal activities has significantly declined. Thoughts of a Criminal: […]
The decision of the Deutsche Börse to establish its own crypto exchange for professional investors marks a significant step in the German financial market. With the launch of the Deutsche Börse Digital Exchange (DBDX), the DAX corporation expands its range of offerings and addresses the growing demand from banks, asset managers, and insurers for crypto […]
Ethiopia’s ascent as a leading destination for crypto mining is underscored by its abundant hydropower resources and strategic partnerships with Chinese bitcoin miners. The recent agreements between Ethiopia’s state power company and 21 bitcoin miners signal the nation’s emergence as a key player in the global mining landscape. Strategic Partnerships and the GERD Factor Ethiopia’s […]
DZ Bank has taken a significant step towards creating a central retail offering for direct cryptocurrency trading. This year, the bank will enter into a pilot phase for retail trading of cryptocurrencies with selected cooperative banks. Partnership and Implementation In an interview with Bloomberg News, Souad Benkredda, a member of the DZ Bank board responsible […]
In 2023, the crypto industry grappled with cyberattacks and hacks, causing financial losses. Despite December hacks, the overall impact was less severe than the record-breaking $4 billion stolen in 2022. Analysts predict a substantial reduction in total losses for 2023. TRM Labs’ Analysis According to a December report from blockchain intelligence company TRM Labs, the […]
It may come as a surprise to you – it’s Portugal. You can read who occupies the other places in Tezro’s article.