Nearly $ 200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution. Web3 Companies Join Campaign Crypto Aid Israel, a non-profit organization launched by …
Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya
Nearly $ 4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding on the Way Tools for Humanity (TFH), the organization …
Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data provider Amberdata with Coalition Greenwich finds that 48% of institutional […]
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
According to cybersecurity firm Certik, nearly $ 1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $ 45.8 million. Certik Analysis: Cryptocurrency Losses Near $ 1 Billion The digital security …