Author: Crypto Insider

Salvadorans haven’t yet warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% don’t make transactions using the cryptocurrency. Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin to make transactions, while 0.5% chose not to respond to…

Blockchain technology firm Blockstream has expanded its capital-raising efforts, securing $210 million in financing through a convertible notes round led by Fulgur Ventures. According to an Oct. 15 announcement, the debt will support Blockstream’s ongoing Bitcoin infrastructure projects, including its layer-2 strategy, mining operations and financial products development. Among Blockstream’s flagship products is the Liquid…

Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange. The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally. MiCA will be a “critical element” for the…

Ethereum co-founder Vitalik Buterin took to social media to share his reflections on the state of the protocol and its potential evolution after the Merge. In a detailed blog post on Oct. 14, Buterin highlighted several key areas where Ethereum could see significant advancements, including faster transaction speeds, improved security and greater accessibility for solo stakers. Post-Merge…

What is Aptos blockchain? Aptos is designed to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the growth of Web3. Avery Ching and Mo Shaikh launched the Aptos blockchain on Oct. 12, 2022. It was developed to enable high throughput and low latency, which means it can…

Cryptocurrency investment products posted another successful week as Bitcoin led weekly inflows with $419 million. Digital asset investment products saw inflows of $407 million during the week from Oct. 5–11, CoinShares reported in its latest Digital Asset Fund Flows Weekly Report on Oct. 14. The fresh crypto inflows followed a minor $127 million sell-off the previous week, which…