Industry (6)

What does PayPal's stablecoin mean for the crypto market?

In August, PayPal marked a significant moment in the crypto landscape by introducing its stablecoin, PYUSD, for use by customers and merchants. PayPal’s crypto journey dates back to 2013, voicing interest...

Blockchain Adoption By Governments - CoinCover

Blockchain technology, which was initially popularised by cryptocurrencies with the start of Bitcoin in 2009, has been gaining traction across various sectors. In recent years, the revolutionary capabilities...

SEC’s update: Cyberattacks must be disclosed within four days

The Securities and Exchange Commission (SEC) recently introduced a critical update to its cybersecurity disclosure regulations for public companies in the United States. The rules state that any cyberattacks...

Ripple, Blackrock & Crypto Growth - CoinCover

The ever-evolving crypto landscape has witnessed a flurry of developments that make for an exciting update. This market update details significant updates from June and July, highlighting the shifting...

Cryptocurrency vs traditional banking: The future of finance

In the world of finance, two distinct realms have emerged, each with its own set of principles and possibilities. The future of finance is set to be one like never before, revolutionising the way we perceive...

The evolution of blockchain - trends to watch in 2023

In2009, the first decentralised blockchain was created by an unknown individual, or group of individuals, called Satoshi Nakamoto. This was the birth of Bitcoin. Since the start of the blockchain revolution,...

Women & Diversity In Crypto Matter - CoinCover

According to areportpublished in 2022 by the World Economic Forum, only 12% of those working in the crypto industry are women. The gap is even more shocking at the leadership level, with only 3% of CEOs and...

Coincover's regulatory roundup - May 2023

Welcome to our regulatory roundup for May. The United States continues to be in the spotlight, with crypto remaining firmly in the regulators’ sights. In the rest of the world, Germany confirmed they would tax...

The top three crypto scams of 2023: what you need to know

As cryptocurrencies and the digital asset realm soar to new heights of popularity, there has also been a rise in crypto scams. In 2022, a total of$10 billionin cryptocurrencies was lost due to scams. Despite...

Q1 2023 Crypto Industry Recap - CoinCover

It’s no secret that the crypto industry has seen a rise in hacking and theft in the last few years. In 2022 hackers stole thelargest amount everof crypto, with a total of $3.7 billion stolen. Already in 2023,

CoinCover's regulatory roundup - April 23

April was another busy month for legal news and regulation in the crypto ecosystem, with the approval of MiCA going through and Coinbase fighting back against the US Securities and Exchange Commission (SEC). ...

FTX Shows Crypto Security Failures - CoinCover

Theinitial reportfrom the liquidators of FTX has been published, and as expected, it makes for uncomfortable reading. From lack of oversight and governance to mismanaged millions, the actions of the FTX...

Vara Compliance: Key Management Tips - CoinCover

The Virtual Asset Regulatory Authority(VARA) was established to oversee the virtual asset ecosystem in the Emirate of Dubai. Its primary purpose is to provide a comprehensive regulatory framework for the...

Crypto myths - fact or fiction?

Crypto has exploded since its introduction in 2009. Thetotal circulating valueof the global digital asset market was US$1.2 trillion as of April 3rd, 2023, and is predicted to be aroundUS$6.7 trillionby...