A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It…
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages of development.” Bank of America Awaits Concrete Signs of Progress Against Coinbase’s…
White Paper Published by Microsoft Describes an Ethereum-Based Tool to Combat Pirated Content
Researchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior to existing solutions. Argus: An Ethereum-Powered Anti-Piracy Tool A study written by Xian Zhang, Xiaobing Guo,…
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing the possibility of making offline payments between peers.…
Axie Infinity Token Climbed 56% This Week, AXS Joins Top 50 Most Valuable Crypto Projects
The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market valuation has also pushed itself into the top 50…
US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash
Attendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S. government is offering to pay crypto rewards to individuals who give up information concerning…