INDUSTRY
blockchain application in various industries
Gemini Executes Second Round of Layoffs: TechCrunch
Crypto exchange Gemini has made the second round of layoffs seven weeks after the crypto exchange cut about 10% of its workforce, citing "turbulent market conditions."
76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows
A study shows that 76% of financial institutions expect to use crypto in the next 3 years. In addition, over 75% of consumers said they would prefer to buy cryptos for their sustainability.
Crypto Investments Shrunk nearly 25% to about $9.3B in H1
Venture capital firms’ penetration of the crypto space has slowed, shrinking nearly 25% from a record $12.5 billion invested in the first half of last year to about $9.3 billion in the first six months of this year.
UK Treasury Officials Met with Crypto and Venture Capital Firms in Q1: Sources
Public disclosures indicated that top UK Treasury officials had engaged with crypto and venture capital companies in several meetings to bridge differences between the crypto industry and regulators.
Bitpanda Launches New Crypto Indices for Long-Term Diversified Portfolios
Bitpanda, a digital investment platform, rolled out at least four crypto indices for investors, providing more options by helping them to diversify their portfolios.
Is Dubai the New Rallying Point for Crypto Exchanges?
Dubai comes off as one of the most active influencers among gulf nations, granting licenses to many cryptocurrency exchanges recently.
Fasset to Drive Financial Inclusion in Indonesia with Mastercard
Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia.
Polygon Selected for Joining Disney's Accelerator Program
Polygon becomes the only blockchain selected for Disney's 2022 accelerator program, which will help the development of the web 3 fields.
Funding for Crypto Startups Falls to One-Year Low
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg.
Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027
The value of the global automotive blockchain market is expected to hit $2.23 billion by 2027, a study shows.
