The rise of Bitcoin ATMs in Australia
In a surprising dynamic, Australia is now positioned as the third country in the world in terms of bitcoin ATM (Automated Teller Machine) installations, just behind giants the USA and Canada. This rapid expansion not only reflects the growing adoption of cryptocurrencies in the region, but also underlines a resilience in the face of a […]
Runes account for 68% of Bitcoin transactions since launch
Since its launch on April 20, 2024, the Runes token standard has accounted for more than two-thirds of transactions on the Bitcoin blockchain, according to the Dune Analytics dashboard shared by blockchain research firm Crypto Koryo. Rapid success Since its launch, over 2.38 million Runes transactions have been processed, representing 68% of all Bitcoin transactions […]
39% of Canadian investors exposed to cryptocurrencies: KPMG
According to a study by KPMG, almost 40% of Canadian institutional investors have direct or indirect exposure to crypto assets, an increase from the last bubble in 2021. Increased exposure to crypto In 2023, KPMG revealed that 39% of Canadian institutional investors had exposure to crypto, representing an increase from the last bubble in 2021. […]
Do Kwon and Terraform Labs face heavy financial penalties from the SEC
In a shocking revelation, the US Securities and Exchange Commission (SEC) is proposing a record $5.3 billion fine against Do Kwon and his company Terraform Labs. This drastic measure follows the devastating losses suffered by investors linked to the collapse of the algorithmic stablecoin TerraUSD. Case background The case against Do Kwon and Terraform Labs […]
Hong Kong’s Bitcoin and Ether ETFs: A new era for investors
Hong Kong’s financial market is undergoing a significant development with the launch of the first exchange-traded funds (ETFs) for Bitcoin and Ether. This development, scheduled for April 30, marks a watershed in the regulatory approach to cryptocurrencies in the region. A regulatory innovation Hong Kong stands out for its innovative approach to regulating cryptocurrency ETFs, […]