Specifically, the number of individuals working in the blockchain industry increased by 76% year-on-year as of June 2022, according to the findings of a report [PDF] conducted by the professional networking platform LinkedIn and the cryptocurrency exchange and derivatives exchange OKX released on August 10. Per the data, the United States, India, and China are the top three nations in the world when it comes to the availability of talent in the blockchain industry....

In particular, data acquired by Finbold,highlights that the number of Dogecoin millionaires stood at 685 as of December 12. A breakdown of the millionaires indicates that 605 addresses hold at least $1 million worth of Dogecoin, while 80 account for at least $10 million in DOGE. Indeed, the number of millionaire holders has dropped recently as the token’s price faltered due to factors like the collapse of the FTX crypto exchange....

As a matter of fact, more than 6.51 million addresses are still in a loss after buying 3.32 million Bitcoin tokens at an average price of $40,160, according to a tweet and chart that the prominent crypto trading analyst Ali Martinez published on May 31. According to the chart, the percentage of addresses in profit is 54.62%, while those who ‘broke even’ make up only 1.89%. However, things for these Bitcoin holders may change in the future, depending on further market movements and sentiment, as Martinez explains that: That said, he also adds that:...

In a press statement, PayPal indicated that the acquisition aims to help the company solidify its presence in Japan while building on the country’s e-commerce prowess. Paidy, also a two-sided payment, will help boost PayPal’s existing cross-border eCommerce business in Japan. Additionally, Paidy will maintain its existing operations, like retaining its brand and supporting various consumer wallets as part of the acquisition. The current Paidy management will also continue overseeing operations at the firm....

In releasing the new guidelines (Key provisions/requirements under Circular No. 1108 dated 26 January 2021), BSP Deputy Governor Chuchi G. Fonacier notes that the aim is to strengthen customer financial consumer protection policies. The country’s crypto players are under the umbrella of virtual asset service providers (VASP). Clients transferring digital assets like Bitcoin will provide information about the sending customer’s name, originator’s account number, senders physical address or national identity number, customer identification number, date and place of birth, beneficiary’s name, and beneficiary’s account number....

Indeed, Matic has surged by as much as 23.81% in the last 24 hours to lead the market in terms of gains, followed by Uniswap (UNI) in second place up 17.11% and The Sandbox (SAND) up 13.89%, respectively. Polygon is currently trading at $0.5035 with a total market value of $4.028 billion; thus, in the last 24 hours, MATIC has risen as much as $800 million, climbing from $3.016 billion, according to data from CoinMarketCap....

Despite the fact that the Proof-of-Work (PoW) consensus method that Bitcoin (BTC) uses has been the subject of scrutiny for being a mechanism that requires a significant amount of energy. Cooper said at Bloomberg’s Technology Summit held on September 28 in London, “everyone is saying since Bitcoin uses lots of energy; therefore it is bad.” He added: EU data on crypto mining According to the European Central Bank, the amount of energy that is used in cryptocurrency mining is equivalent to more than an entire year’s worth of energy consumption in countries such as Austria, France, Spain, and the Netherlands....

In a note on its website, Robinhood indicated that investors who sell shares under the recently launched IPO access program face the possibility of being restricted from participating in future deals for two months. However, the company noted that the retail investors are free to sell the shares, but they will bear the consequences. According to Robinhood: Notably, Robinhood rival SoFi that runs a similar program, has also initiated punitive measures for investors selling their IPO shares....

It’s noteworthy that the risk associated with the ruble is increasing, although it still remains below rates seen during previous currency crises levels. Interestingly, the ruble risk surged as the Russian currency reached a record low against the US dollar; yet, its risk was less than half of the levels seen during the ‘Ruble Crisis’ in 1998, according to data from financial intelligence analytics platform Qontigo on March 9. The fact that the armed conflict had only been going on for two weeks at the time of the data’s release indicates that the rise in currency risk has not yet been fully reflected in the risk model....

Most recently, Russia’s Deputy Energy Minister Evgeny Grabchak announced on March 26 that the legal vacuum in crypto mining needs to be removed, according to a report by TASS. Grabchak highlighted that it would be more effective to decide mining locations and free up energy resources for miners at the regional level rather than at the federal level and that this should be governed via regional development plans. The Deputy Energy Minister also added that the legal void that exists in cryptocurrency mining must be addressed “as soon as possible....

Based on the Slovakian internet security company’s findings, it appears as cryptocurrencies become more popular, the number of malware attempting to profit from them increases. Crypto miners were the primary factor behind the surge in crypto-threats, which soared by 22% from January to April compared to September to December 2020. Russia susceptible The report’s threat statistics and trends, based on ESET’s worldwide telemetry data, conveyed that: Between January and April 2021, most of the online threats discovered on ESET customers’ devices were in Russia, Japan, Peru, Poland, and France....

According to the bank’s officials, the product has been in the works for a while, mainly driven by customer demand, Eleconomista reports. Worth noting is that although the institution is planning the launch, no such product has been registered with the CNMV, the Spanish securities regulatory agency. Furthermore, Botín did not provide a timeline regarding the availability of the ETF. The move by Santander is considered a game-changer since a majority of Spanish financial asset managers have shown less interest in putting money behind digital currencies....

Furthermore, today’s upgrade is the second one the company received during this month, as on June 15, Canaccord Genuity upgraded the data warehouse company to buy, with a price target of $185. Similarly, the company was one of the most discussed companies among the Reddit users at the end of May who were agreeing with analysts that the stock might surge. SNOW chart and analysis Meanwhile, shares of the company are down over 60% year-to-date (YTD), trading well below its IPO price of $245 a share....

Dow Jones Industrial Average futures plummeted 500 points in reaction to the news that Donald Trump has tested positive for Covid-19. S&P 500 futures and Nasdaq 100 futures were also tanking hard as the news broke on Friday morning. The market move, which is expected to extend during trading today, has wiped out a week’s worth of gains on major indices. POTUS Catches Covid-19 Trump tweeted that both he and the First Lady tested positive and that they will now quarantine themselves....

Numerous stocks, both big and small, are struggling to hold their prices; in particular, the tech sector has been decimated. Likewise, Bitcoin, which has long been termed ‘digital gold’ invoking its alleged properties to serve as a hedge in turbulent markets, also fell below $28,000 this week from its peak of $69,000 in November of 2021. Currently, Bitcoin is down -63% from its all-time highs. Final proof that ‘nowhere to hide’ applies: the U....

Following the arrest, extradition procedures have been initiated by the ​​Interpol Department of the General Directorate of Security, Turkey’s Interior Ministry said in a statement published on August 30. If the extradition is successful, the Thodex CEO will be charged with aggravated fraud and forming a criminal organization. According to the ministry, Özer’s identity was positively confirmed with the help of biometrics after he was placed on the wanted list under the red notice....

Sure, some stocks were unjustly overvalued, but there are also other stocks that have been unjustly punished by the shift in market sentiment. The following are three stocks that merit a second look based on a long-term value approach to investing. 1. Meta Platforms Inc. (NASDAQ: FB) It seems if no other technology sector is as interesting as the metaverse at the moment with all spotlights shining brightly on it....

In the wake of Russia’s invasion of Ukraine, internet users are seeking information in whatever form they can find, and Tor has witnessed an increase in users as a consequence, allowing them to circumvent censorship while also keeping their privacy, as per data from The Tor Project. Security researcher Runa Sandvik stated: Since the invasion, the enormous spike can also be seen in bridge users from Russia. Host of Privacy Beat Naomi Brockwell noted:...

This is not the first time Tesla decided to split its shares; namely, in August 2020 the company executed a five-for-one stock split, and the price has doubled since then. The current split does not affect any fundamentals; however, it does make the stock option contracts more affordable. Back in June, when the split was initially announced, Tesla claimed that the split would ‘help reset the market price’, which would give more flexibility to employees but also increase the interest of retail investors in TSLA as the price would be much lower....

Republican Byron Donalds of Florida is the one who introduced the Financial Freedom Act, which serves as a response to the most recent political flashpoint: cryptocurrency, specifically the question of whether or not Fidelity Investment should be permitted to offer a retirement plan that includes Bitcoin later this year. Last month, Fidelity made the announcement that it intended to offer bitcoin as an investment option in its 401(k) plans by the middle of this year....