Upbit, a leading cryptocurrency platform in South Korea, has established itself as a dominant player in the country’s crypto market. Responsible for over 80% of the trading activity in South Korea, Upbit has also been ranked among the world’s top five exchanges in terms of trading volume. However, the platform’s dominance has raised concerns and
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Institutional investors in Canada have shown a significant increase in their exposure to cryptocurrency in the past year, according to a recent survey by KPMG. The consulting firm’s bi-annual survey, titled “Institutional Adoption of Cryptoassets,” received responses from 65 participants, which included 31 institutional investors managing assets over $500 million and 34 financial services organizations.
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In the realm of cryptocurrencies, meme coins have been on the rise, especially during the latest bull cycle. The market capitalization of this sector briefly surged past $60 billion, driven by popular assets like Dogecoin (DOGE) and Shiba Inu (SHIB). These two coins alone account for over 60% of the market capitalization, with DOGE and
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The emergence of ARdinals has revolutionized the digital collectibles industry by bridging the gap between physical reality and the virtual world. Through augmented reality experiences, users can now interact with their digital artifacts in ways never thought possible before. The ARdinals platform offers a unique opportunity for creators and collectors to engage with their collections
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Recently, the Bitcoin network hit a milestone with its daily transactions peaking at 927,000. This surpasses the previous record set in December 2023, showcasing a surge in interest and utility in cryptocurrencies. The launch of Runes, a new token standard on the Bitcoin blockchain, has played a significant role in driving this increase. Since its
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