Cryptocurrency ownership in the US declined in 2023, with only 7% of adults using or owning crypto, down from 10% in 2022. The drop is likely attributed to factors such as fear of missing out (FOMO), lack of understanding of blockchain technology, and volatile market conditions.
WeatherlyThe UK High Court ruled that Wright repeatedly lied to the court and massively forged documents to prove he is Satoshi Nakamoto.
WeiliangFriend.tech's co-founder has hinted at leaving Base, causing the token to plummet. Given its flawed revenue structure and tumultuous relationship with Base, could this be the beginning of the end of Friend.tech?
CatherineSouth Korea faces pressure to approve crypto ETFs following US SEC's Ethereum ETF approval, amid growing interest in cryptocurrencies. The country's cautious stance contrasts with its vibrant crypto market, driven by increasing investor participation and altcoin trading preferences.
WeatherlyGoogle's AI Overviews feature, aimed at simplifying search results with quick summaries, faced criticism for providing inaccurate and misleading information, highlighting challenges in AI accuracy and contextual understanding. Google pledged swift action to address concerns and enhance reliability, emphasizing the importance of rigorous testing and ethical deployment of generative AI technologies.
AnaisCaitlyn Jenner has acknowledged her association with meme coin adviser Sahil Arora, whom she claims “scammed” her. Despite this, she remains committed to investing in and promoting the JENNER token.
KikyoNFTs were deemed nearly obsolete after the initial crypto market frenzy subsided. At their zenith, NFTs fetched tens of millions of dollars. However, a study revealed that the trading volume in the NFT market had dropped.
CatherineCryptocurrency owner Michael regained access to his forgotten Bitcoin wallet with current value amounting to millions after hackers used educated guesses and a stroke of luck to recover his password. Meanwhile, growing concerns over online fraud prompt banks like Kroo to ban cryptocurrency transactions, emphasising the need for caution in the volatile crypto market.
WeatherlyA viral story in Chinese social media tells of a man who discovered the 4000 bitcoins his father bought in 2015, now valued at over 2 billion RMB.
AlexRussia and Brazil use cryptocurrency for payments to China, while a Hong Kong exchange license applicant with mainland ties withdraws. A prominent Chinese airdrop studio is robbed, and former largest crypto exchange Mt. Gox moves significant funds. Bitcoin decouples from gold, increasing its correlation with tech stocks.
Miyuki