KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021.
If the new DAO proposal goes through, which is the most likely outcome, BABYDOGE will not have its monthly burns.
This decision is based on the growing concern over the potential misuse of cryptocurrencies for nefarious purposes.
The latest commentaries from Representative Maxine Waters have reignited hopes that a new stablecoin law could be in effect soon.
Upbit became the first exchange registered with the Financial Intelligence Unit in 2021. This was made possible as a result of its partnership with K-Bank, an online lender.
Figment’s growth is not limited to staking volume alone; the company is also extending its reach by strengthening its presence in the European continent
Despite their dominance in active address counts, TRON and BSC pale in comparison to Ethereum and Solana in terms of transfer volumes.
The situation became confusion when the central bank of Nigeria initially refuted the report on X, only to remove the denial. Later, they asserted that the allegations were indeed false, leading to uncertainty regarding the true circumstances.
The meme coin industry, led by Dogecoin and Shiba Inu, has played a crucial role in onboarding more investors to the cryptocurrency industry.
While the total supply of the REZ token is 10 billion, the initial circulating supply is pegged at 1.05 billion.
Worldcoin will pump a staggering 1.5 million WLD tokens every week for six months straight would lead to an increase of 36 million WLD token supply, amounting to ~$200 million as per the current supply.
While certain traders take pride in their recent successes, the real crypto legends are those who adopted the “Left Curve” mindset during the bear market spanning from 2021 to 2023.
Many community members lost interest in the Solana network as it battled multiple occurrences of congestion in the last couple of months. This caused several transactions including 75% of all non-vote transactions on the blockchain to fail.
When the crypto community became aware of the situation, Chris O’Connor, the founder of the Cardano Ghost Fund DAO, criticized the Hedera Foundation for what he perceived as misleading the public.
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.