The world is seeing a rapid rise in crypto adoption, with 617 million people now holding digital assets.
94% of Asian private wealth invested or interested in crypto
Nearly all private wealth investors in Asia are either already involved in or considering investments in cryptocurrency.
Radiant Capital hit by $50 million cyberattack
A major cyberattack earlier in the week targeting Radiant Capital resulted in the loss of over $50 million in various digital assets.
Bitcoin expected to rise with oil and energy prices
Arthur Hayes predicts that Bitcoin’s price will increase if tensions between Iran and Israel escalate and lead to rising oil and energy prices.
UAE stablecoin issuer received approval
The Central Bank of the United Arab Emirates has given the green light to AED Stablecoin.
BlackRock makes major Bitcoin purchases
BlackRock has purchased more than $680 million in Bitcoin over the past two days, and the IBIT ETF, one of the most successful in its category, sees an impressive rise in price.
High-risk crypto loans reach two-year peak
The amount of crypto-collateralized loans that are pretty close to liquidation surged to a two-year high, raising serious concerns about potential market volatility.
Worldcoin is World now, and started its own network, the World Chain
Worldcoin rebranded to World, then introduced a new Ethereum layer-2 blockchain called World Chain.
Bitcoin whale activity increases, dominance is growing
Bitcoin’s price has been rising this week, bringing back a positive, opimist feeling in the crypto markets.
Thailand starts stablecoins for international payments
The Siam Commercial Bank, one of Thailand’s leading banks introduced a stablecoin-based service for cross-border payments.