Trust in crypto remains strong despite bear market: Bitstamp survey

The ongoing cryptocurrency winter has had little to no impact on global trust in crypto, this was the conclusion reached new study commissioned by Bitstamp exchange. Despite the downward market, global trust in cryptocurrencies like Bitcoin (BTC) remains mostly unshakable, Bitstamp said in its latest Crypto Pulse report. The study is based on a survey … Read more

More Than 11% of UAE Residents Have Set Foot in Crypto Space

As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government Regulatory Authority (TDRA). Through the “Digital Lifestyle” 2022 report, the TDRA disclosed that this figure meant one in every ten people in the nation had … Read more

5G Wireless Network Helium Proposes Migration to Solana Blockchain

Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations. Founded in 2013, Helium network is the world’s first peer-to-peer LoRaWAN wireless Internet of Things, also known as “People’s Network”. Helium is changing the way we connect and … Read more

Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman

Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, according to a report from The Information. Cypher Capital is a UAE-based venture capital firm that primarily focuses on investing in Token, blockchain and digital asset-related projects. Qian will oversee the management and operations of Cypher Capital as … Read more

Data Requested by US DOJ to Supplement Money Laundering Probe on Binance CEO: Report

A new report from Reuters revealed that regulators from the United States Department of Justice (DOJ) had, in late 2020, requested information from Binance as it concerns its internal communications concerning its Anti-Money Laundering (AML) systems. According to the Reuters report, the request for information specifically sought to probe the role of the exchange’s Chief … Read more