Yousef Saba / Reuters:
Chainalysis: MENA was the fastest-growing crypto market between July 2021 and June 2022, with transaction volume up 48% YoY to $566B; North America grew 36% — The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received …
Yousef Saba / Reuters:
Classera, a San Francisco-based ed tech startup focused on the Middle East and Africa, raised a $40M Series A led by Sanabil, which is run by Saudi Arabia’s PIF — Classera, an education technology company headquartered in San Francisco, said on Thursday it had raised $40 million from investors …
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.
Woojin Son / Counterpoint Research:
Global smartwatch shipments increased 30% YoY in Q3 2022, led by India, up 171%; Apple grew 48% YoY, Samsung dropped 2.7% YoY, and Noise grew 218% YoY — – Driven by the basic smartwatch segment, the global smartwatch market grew 30% YoY. — India grew 171% YoY, taking the top spot …
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 …
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.
Parikshit Mishra / CoinDesk:
Charles Schwab, Citadel, Fidelity, and others announce cryptocurrency exchange EDX Markets, that will leverage tech from US stock market MEMX — The exchange will be led by Jamil Nazarali, a former senior executive at trading giant Citadel Securities. — Financial heavyweights including …
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