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“# Korean internet giant Kakao expands blockchain presence to Singapore ” Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn. According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn Foundation and Krust — in the…
“# Walmart seeks crypto product lead to drive digital currency strategy ” North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role, Walmart indicates it is looking for someone who has a track record…
“# A multichain approach is the future of the blockchain industry ” The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and…
“# Vietnam leads crypto adoption in Finder’s 27-country survey ” Emerging economies like Vietnam, India and Indonesia are leading the charge when it comes to cryptocurrency adoption, underscoring important use cases for digital assets tied to remittances and financial inclusion. Finder’s survey of 42,000 people across 27 countries revealed that Vietnam had the highest adoption…
“# Crypto is no longer in the early adoption stage, Bittrex Global CEO says ” The crypto industry began with Bitcoin’s launch in 2009, flowering into a bustling industry filled with many different assets and blockchain-based solutions in the years following. The sector, however, is no longer in its infancy, according to Bittrex Global CEO…
“# Soccer star Messi’s latest contract reportedly includes crypto fan tokens ” Argentine soccer superstar Lionel Messi, regarded as one of the game’s greatest players of all time, has reportedly made crypto fan tokens a part of the payment deal in his financial package with French club Paris Saint-Germain. The information comes from sources close…
“# Digital insurer Metromile follows through with $1M Bitcoin purchase ” San Francisco-based technology firm Metromile has used 10% of the funds it previously said would be allocated towards crypto to buy Bitcoin. According to an Aug. 10 filing from the U.S. Securities and Exchange Commission, or SEC, Metromile reported it had purchased $1 million…
“# $400B investment manager Neuberger Berman will allow crypto exposure through commodity-focused fund ” New York-based investment management firm Neuberger Berman has filed for a commodity-focused fund to be able to gain indirect exposure to crypto investments. In a filing with the Securities and Exchange Commission today, the investment firm said its Commodity Strategy Fund…
“# Measuring success: Offsetting crypto carbon emissions necessary for adoption? ” Debates regarding the amount of energy required to mine Bitcoin (BTC) have been ongoing. While tech pioneers such as Elon Musk have recently mentioned that the crypto industry is headed toward a greener future, some academic researchers have noted that mining BTC consumes more power…
“# Total crypto market value breaks $1.9T for first time since May ” The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion. According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9 trillion mark on Aug. 9, retouching…