Chainalysis: sub-Saharan Africa crypto usage is driven by everyday necessity; 80% of crypto payments in the region are under $1K, the world’s highest proportion (Frederick Munawa/CoinDesk)

Frederick Munawa / CoinDesk:
Chainalysis: sub-Saharan Africa crypto usage is driven by everyday necessity; 80% of crypto payments in the region are under $1K, the world’s highest proportion  —  The report shows strong crypto usage and adoption rates in the region.  With highly educated young people and low job prospects …

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Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban  —  The blockchain analytics firm’s 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.

Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM’s System/360 project and wrote a book cited as gospel by computer scientists, dies at 91 (Steve Lohr/New York Times)

Steve Lohr / New York Times:
Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM’s System/360 project and wrote a book cited as gospel by computer scientists, dies at 91  —  He was a lead designer of the computers that cemented IBM’s dominance for decades.  He later wrote a book on software engineering that became a quirky classic.

A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years (McKinsey & Company)

McKinsey & Company:
A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years  —  Adoption has more than doubled since 2017, though the proportion of organizations using AI 1 has plateaued between 50 and 60 percent for the past few years.

Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption (Bloomberg)

Bloomberg:
Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption  —  Nigeria’s central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost digital payments in Africa’s most-populous nation.

A profile of Chainalysis and its work with governments and law enforcement to trace crypto transactions; the NY-based company has 700+ clients in 70+ countries (Tom Redmond/Bloomberg)

Tom Redmond / Bloomberg:
A profile of Chainalysis and its work with governments and law enforcement to trace crypto transactions; the NY-based company has 700+ clients in 70+ countries  —  In May 2021 hackers initiated a cyberattack against Colonial Pipeline Co., the company behind the US’s largest gasoline pipeline.

Luxury auction house Christie’s launches Christie’s 3.0, an Ethereum-based platform for NFT art in partnership with Chainalysis, Manifold, and Spatial (Cameron Thompson/CoinDesk)

Cameron Thompson / CoinDesk:
Luxury auction house Christie’s launches Christie’s 3.0, an Ethereum-based platform for NFT art in partnership with Chainalysis, Manifold, and Spatial  —  Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFT artwork on Ethereum.  —  Luxury auction house Christie’s …