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Survey: Crypto Awareness, Use Doubles Since 2018, Adoption Lags

Survey: Crypto Awareness, Use Doubles Since 2018, Adoption Lags

According to a recent report, 12% of cryptocurrency holders are long-term investors, and while awareness may have doubled from the 2018 count, adoption lags. The survey conducted by HBUS, the US partners of Huobi cryptocurrency exchange, sampled 1,067 American cryptocurrency investors between the period of March and April, revealing a swooping rise in cryptocurrency investments from 8% in 2018 to …


Global Fintech Blockchain Market Share to Top $8.3 Billion by 2024

Global Fintech Blockchain Market Share to Top $8.3 Billion by 2024

High-end data analytics firm Zion Market Research has released a new publication that estimate the global financial technology (fintech) and blockchain market share to be valued at over USD 8.3 billion by the end of 2024. More impressively, the annual growth rate is set to reach very high double digit figures of percentage over the next five years. A statement …


New Global Poll Reveals High-Net-Worth Individuals Are Flocking to Crypto

New Global Poll Reveals High-Net-Worth Individuals Are Flocking to Crypto (1)

A new survey by global financial advisory service deVere Group revealed that over two-thirds of high-net-worth individuals – having investable assets in the excess of EUR 1 million or its equivalent – will invest in cryptocurrencies over the next three years. In fact, the survey shows that 68 percent of poll participants are already invested or will join those invested …


Global Fintech Market Worth $305 Billion by 2023

Global Fintech Market Worth $305 Billion by 2023

A new study by Research and Markets shows immense growth for the global financial technology (fintech) market, set to be valued at USD 305 billion by 2023, with a CAGR of over 22% in the five year period until then. The double digit growth is credited to the high penetration and use of mobile devices, coupled with the adoption of …


Australian Crypto Scams in 2018 Totaled $4.3 Million

Australian Crypto Scams Reported in 2018 Totaled $4.3 Million

Australia has become well known for its big push towards endorsing both blockchain and cryptocurrency use, but like anywhere the country is prone to scams as recent figures just released have revealed, with over USD 4 million dollars lost to cryptocurrency scams in 2018. However, it appears that the AUD 6.1 million lost to cryptocurrency scams last year was just …


The Balance Is Shifting, but Only 20% of Those in Tech-Related Fields Are Female

New York Blockchain Week is back on 10-17 May, although it doesn’t seem like almost a year since the Lambos cruised down Manhattan’s Fifth Avenue, yet again the lack of female reps from the Blockchain industry highlights the fintech’s gender imbalance. The second of such events hosted by CoinDesk and the New York City Economic Development Corporation is expecting industry …


Research: Blockchain in Finance Still Problematic For Operability, Integration with Enterprise Systems

Research: Blockchain in Finance Still Problematic For Operability, Integrating with Enterprise

New research from China points to several problems blockchain still faces in the finance sector, including data privacy compatibility, operability, and its integration within enterprise systems. The conductor of this research, Wei Kai is head of blockchain research at the China Academy of Information and Communications Technology (CAICT). Wei shared his most recent findings at a 2019 meeting of the International Chamber …


National Bank of Cambodia Pushes to Claim First Place in Blockchain Race

A World Economic Forum (WEF) report has indicated that the National Bank of Cambodia could become the first central bank in the world to utilize blockchain technology. After piloting DLT since 2017, the South East Asian central bank hopes to deploy a blockchain payment system later this year, with the aim to overtake other banks around the world which so …


Santander to Study Fintech Firms in Mexico

Santander to Study Fintech Firms in Mexico

One of the largest banks in Europe, Banco Santander, has announced that it will conduct a new study into financial technology (fintech) companies in Mexico, with the assistance of the Embassy of the United Kingdom in the country. A blog post from TheStartupFounder detailed the announcement, which said that the study, to be developed by research firm Endeavor, would examine …


Two South Korean Unis to Create Blockchain Campus

Two South Korean Unis to Create Blockchain Campus

South Korea has never shied away from demonstrating its pro-cryptocurrency stance, and the latest industry project in the Asian powerhouse now sees two universities combining to create a blockchain campus. The two institutions, Pohang University of Science and Technology (POSTECH) and Yonsei University, have plans to test out a combined campus later this which will also involve students from both …


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