Aurelia Butler

Transak, a global leader in Web3 payments infrastructure, is proud to announce its Canadian entity’s (Transak Canada) official registration with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada).This achievement comes during significant growth in the Canadian cryptocurrency market. According to a study by the Bank of Canada, approximately 13% of Canadians owned Bitcoin in 2021, showcasing a rising interest in digital assets.The growing interest in cryptocurrency adoption is evident from Chainalysis reports spanning 2022, 2023, and 2024. While Canada did not make the top 20 list in 2022, it climbed to 19th place in 2023 and further improved to 18th in 2024, reflecting steady progress in the country’s embrace of digital assets.”Canada is a very important market for Transak and the cryptocurrency industry in general. So, want Canadians to be able to purchase digital assets without having to figure our compliance on their own. We believe that clear and consistent regulation is crucial for the long-term growth of the crypto industry. By engaging with regulatory bodies like FINTRAC, we aim to foster a safe and transparent environment for all participants in the Canadian crypto ecosystem,” said Bryan Keane, Compliance Officer at Transak.FINTRAC is Canada’s national financial intelligence agency, responsible for safeguarding the financial system from money laundering, terrorist financing, and other financial crimes. By obtaining this registration, Transak is recognized as a Money Services Business (MSB), affirming its commitment to transparent operations and compliance with Canadian financial regulations.The process to become a FINTRAC-registered MSB involves the following:Canadian customers can now enjoy a broader range of payment options, including credit cards, debit cards, and Interac e-Transfers, making it easier to purchase digital assets.Businesses and developers integrating Transak’s services can be assured of a compliant and reliable solution for their Canadian user base. This simplifies the process of adding crypto on/off ramps to their applications because they now get a ready-made compliance infrastructure.Headquartered in Miami, Florida, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.For more information, visit transak.com or follow us on x.com/transak and linkedin.com/company/transak.ContactHarshit Gangwarharshit.gangwar@transak.comThis article was originally published on Chainwire More

Paribu’s 2024 Cryptocurrency Awareness and Perception Survey, conducted in partnership with FutureBright Group, reveals intriguing insights into the cryptocurrency and blockchain industries.Maintaining its status as the most comprehensive study in the field, the survey aims to mirror the developments in Türkiye’s cryptocurrency ecosystem, share valuable data with the public and stakeholders, identify expectations, motivations, and barriers related to cryptocurrencies, and ultimately, create an accurate roadmap for future actions based on the findings.The survey was conducted using computer-assisted personal interviews (CAPI) between July 12 and September 2 in 12 cities representative of Türkiye.The results are categorized into four headings: awareness, experience, technology, and demographics.Cryptocurrency Awareness Holds Steady at 99%“Türkiye’s cryptocurrency recognition has seen a dramatic surge, leaping from 16 percent in 2020 to a near-universal 99 percent in both 2023 and 2024. In the meantime, the percentage of cryptocurrency traders increased from 25.1 percent to 27 percent compared to a year earlier.On the other hand, despite the increase in trading activity, transaction preferences remained consistent with previous years. Bitcoin dominates trader preferences at 70 percent, while Ethereum secures a 29 percent share of the market. When surveyed about cryptocurrency usage, 75 percent of individuals familiar with and actively trading in cryptocurrencies reported primarily engaging in short-term trading activities. Survey results reveal that 75 percent of respondents cite rapid transactions and effortless storage and transfer as cryptocurrency’s primary benefits. When asked about their first association with cryptocurrency, one-third of participants mentioned virtual money, while 20 percent immediately thought of Bitcoin.Half of Traders Turn to Crypto Platforms for Market Intel (NASDAQ:INTC)A key highlight from this year’s survey is the insight into traders’ preferred sources for cryptocurrency information and market research. Social media platforms dominate as the primary information source for 63 percent of cryptocurrency traders. Fifty percent of participants choose cryptocurrency trading platforms as their preferred information source.Crypto Investment Trends Reveal Shifting ParadigmInvestment preferences have significantly changed since last year’s survey. In 2024, gold reigns supreme as the most trusted investment, commanding 90 percent preference, while cryptocurrencies secure third place among preferred investment vehicles at 29 percent.Many Still Unfamiliar with the Blockchain TechnologyDespite a 3 percentage point increase in awareness from last year, blockchain remains largely unknown to the vast majority. Of those aware of cryptocurrency, 72 percent reported no familiarity with blockchain technology at all. Blockchain awareness remains low, with only 28 percent of respondents familiar with the technology. Cryptocurrency wallets emerge as the most recognized blockchain-related concept among survey respondents. Among cryptocurrency traders, 52 percent recognize this concept, while 43 percent of those aware of cryptocurrencies are familiar with it. Staking, burning, and seed phrases are among respondents’ least recognized blockchain concepts.Male Cryptocurrency Trading Activity on the RiseThe demographic analysis highlights a key trend: newly crypto-aware men exhibit significantly higher trading interests. Among cryptocurrency-aware individuals, 31 percent of men engage in trading compared to 21 percent of women. The 25-44 age group demonstrates the highest cryptocurrency trading activity. Additionally, cryptocurrency trading among university graduates surged from 30 percent in 2023 to 39 percent this year. The typical cryptocurrency trader is 34.7 years old.Click here to access the full report.ContactEray Dengizeray.dengiz@paribu.comThis article was originally published on Chainwire More

Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed.The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles.Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos’ Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming.Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize?About Aptos FoundationAptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Users can visit https://www.aptosfoundation.org for more information.About Aptos NetworkAptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information on the Aptos blockchain.About MidnightMidnight is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms.Users can follow Midnight: Website | X | Discord | TelegramContactCEOSteve WadeMidnight Evergreen Technlogies, Inc.support@midnight.ioThis article was originally published on Chainwire More

A fundamental component of MicroStrategy’s approach is its commitment to ongoing Bitcoin accumulation regardless of market fluctuations. In an effort to take advantage of Bitcoin’s potential as a digital reserve asset, the company has demonstrated its intention to buy and hold BTC indefinitely. With the acquisition of more than 252,000 Bitcoin, MicroStrategy has successfully established itself as one of the largest institutional Bitcoin holders, with a current market value of about $18 billion. MicroStrategy uses leverage by issuing securities like bonds and convertible notes in order to optimize returns on its Bitcoin portfolio. As a result, the company can purchase Bitcoin using debt instead of selling equity, maintaining shareholder value. According to the presentation charts, the strategy has produced extraordinary returns, outperforming even the best-performing tech stocks in recent years in terms of annualized performance, as well as more conventional assets like gold and real estate. The plan also calls for managing Bitcoin reserves in a manner consistent with more general macroeconomic patterns like inflation and changes in the market brought about by technology. Saylor underscored that MicroStrategy aims to gradually increase the Bitcoin yield with a steady rise of 6-10% in the coming years. By increasing its Bitcoin holdings in relation to its outstanding shares, the company has been able to increase shareholder value, as evidenced by this yield, a key performance indicator. Saylor has put MicroStrategy in a position to not only protect capital but also to possibly revolutionize corporate treasury management by establishing a new benchmark for institutional investment in digital assets through this methodical data-driven approach.This article was originally published on U.Today More