In a defiant surge against a prolonged crypto winter, the number of global cryptocurrency users broke through the 500 million mark in 2023, according to a new report by Crypto.com. Despite headwinds like inflation-taming central bank policies, war in Ukraine, and regional conflicts, the digital asse
Gone are the days of "Bitcoin Pizza Day" banners and NFT-themed booths lining the Promenade of Davos. This year, the World Economic Forum (WEF) is witnessing a distinct shift in focus, with artificial intelligence (AI) taking center stage, eclipsing the once-dominant cryptocurrency scene.CNBC report
In a move signaling growing confidence in the Web3 landscape, Carrieverse, a South Korean Web3 specialist company, has secured new investments from JB Investment and Ecrux Venture Partners, fueling its global platform expansion and ambition to popularize the next iteration of the internet.This fresh
A specter of anticipation hangs heavy over the cryptocurrency world, its gaze fixed on a singular date: Jan.10, 2024. On that day, the U.S. Securities and Exchange Commission (SEC) will deliver its verdict on the fate of a hotly contested application – the Bitcoin spot ETF, spearheaded by Cathie Woo
Sandy Kaul, a top exec at investment giant Franklin Templeton, has boldly claimed that every country should hold Bitcoin in its reserves. This is from a firm managing an astounding $1.5 trillion in assets and seeking approval for Bitcoin exchange-traded fund (ETF).Leveling the Playing Field: In a re
WeMade, the South Korean game developer behind the blockchain platform WeMix, aims to list the platform's native token, WEMIX, on a significant domestic exchange. However, CEO Jang Hyun-guk acknowledged that the timing of the listing could be better, as the exchanges have their own strict standards.
Korbit, a South Korean cryptocurrency exchange, announced on July 24 that it has added Ripple (XRP) to its cryptocurrency accumulation service.In addition to XRP, Korbit has added four new cryptocurrencies to its auto-trading service: PEPE, SUI, ARB, and GAL.Korbit's cryptocurrency accumulation serv
Bitcoin fell more than 2 percent on Thursday, to $25,107, as investors worried about the possibility of more interest rate hikes from the Federal Reserve. The sell-off also dragged down other cryptocurrencies, with Ethereum down nearly 5 percent.The market's anxiety was heightened by comments from F
Archloot presents a new blockchain game ecosystem with interactive NFTs. Its goal is to become the No. 1 BNB GameFi project and to become a leading global blockchain game in the long term. Archloot chief marketing officer Dirk Yuan said these and other issues in an interview with BlockMedia in March
Bitcoin has risen steadily since the beginning of the year and is traded at $21,107, and Ethereum is also traded at $1,567.5, up 19.6 percent in the past week. All major cryptocurrencies, including Cardano and Dogecoin, showed upward movements last week.The virtual currency market capitalization als
The Block Media has been conducting interviews with promising companies, startups, and project representatives as a New Year's plan for 2023. It is a plan to meet people who will stand out in the digital asset and blockchain technology market and listen to their vision.Our second interview is with A
Bloomberg featured a column on why people worldwide should be optimistic about the future. It listed six reasons for the bright future.First, quantum computer eraQuantum computers will be commercially available in the next few decades. Quantized bits (qubits) will replace the bit-based computers we
Cryptocurrency research company Messari published a 168-page report called Crypto Theses for 2023.This year's sixth report covers topics such as Bitcoin, stablecoins, layer one public chains and rollups, Defi, NFTs and DAOs.The report predicts that 2023 will be a year that proves the resilience and
This year's cryptocurrency market started with an unprecedented accident and ended with an unparalleled accident.Many big and small incidents froze investor sentiment. It was also a time to think, "what did we miss?" while realizing the word "Crypto Winter."1. Too Big to FailThe logic is that it can
"Bitcoin is not afraid of the Crypto Winter" Although the digital asset market is going through tough times, the technological and commercial advances that Bitcoin has made this year are not small. CoinDesk and Swan Bitcoin, a Bitcoin-specialized investment firm, summarized Bitcoin's ten advancement
The Block Media hosted a two-day Block Festa 2022 under New Spring for Web 3.0 on Dec.1. The event was to forecast the future of Web 3.0 amid the Crypto Winter.This Block Festa held a start-up pitching contest, and about 300 participants discussed the prospects for major domestic blockchain companie
CEO of a41 Park Kwang-seong speaks on Dec.1, the first day of the two-day Block Festa the Block Media hosted in Seoul. CEO of a41 Park Kwang-seong said that cryptocurrency could survive only when the idols of the market are destroyedHe said a lot of black swans appeared in this Crypto Winter. For th
NEWSIS--Domestic virtual asset investors are in a panic mode after the Digital Asset Exchanges Alliance (DAXA) decided to delist the WeMix, the symbol of Kimchi Coin.Korean investors face huge losses as more than 90 percent of WeMix trading took place in Korea. WeMix lost trust as it oversupplied it
Blockchain data analysis platform Chainalysis ranked Korea 23rd in 2020 in its 2022 Global Virtual Asset Adoption Index.It said global virtual asset adoption continued despite the crypto winter, and emerging countries such as Vietnam showed strong performances in the index. Korea ranked 23rd in this
Binance founder and CEO Changpeng Zhao said that the Korean cryptocurrency market is very important. In an interview with Bloomberg on Nov.2, he said Binance is preparing to register its business. He is also considering taking over local banks, regional licensees, and payment service providers to cl