Media about us. July 2021

While big whales buying Bitcoin to keep it afloat, new assets were boiling in the background, and Ethereum was preparing to shed its old skin with the nearing hardfork London. July was a hot crypto month but it seems like it was just an opening act for much more! In July 2021 our experts discussed: Security & Regulations Crypto news CEX.IO news Analytics Continue reading to know more hot stuff and see what’s coming next.   Security & Regulations Many countries are now putting serious effort into finding ways to regulate and tax cryptocurrencies, as well as research the applications of central bank digital currencies and stablecoins in their economies. China is making steady progress with its digital yuan, the EU is looking into developing the digital euro within several years – aside from them, the US, Sweden, Japan, South Korea, and many others are also considering the notion of developing their own CBDCs. All this shows that governments across the world have accepted the benefits of blockchain technology, according to Konstantin Anissimov. What needs to happen with cryptocurrencies for regulators to more readily accept this industry?    Cryptocurrencies have become a hot topic over the past several years, with the global blockchain market expected to hit approximately $23 billion by 2023 and the total market size for cryptocurrencies expected to hit more than $1 billion by 2026. This surging market is a hotbed for cybercrime, however, with the Massachusetts Institute of Technology (MIT) Technology Review finding that nearly $3 billion was laundered through cryptocurrency exchanges in 2019 alone, up from $1 billion the year prior. Read the report where PYMNTS talked with Konstantin Anissimov about how new blockchain-based security systems can help prevent social engineering attacks. Report: crypto exchanges use blockchain tech to boost onboarding security  CEX.IO on ensuring secure user authentication in cryptocurrency exchange onboarding   Crypto news Ethereum is all set to transition from its previous, energy-intensive proof-of-work to a more scalable and cheaper proof-of-stake. Analysts and traders believe the Ethereum market has a lot of upward potential due to looming shortages the upgrade is set to…

Source: Media about us. July 2021

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