Vedant Sahu, Author at Coinroot

As global tech leaders lose interest in the metaverse, MetaMinds Group CEO Sandra Helou contends that the shortcomings of metaverse initiatives can be attributed to a deficiency in well-defined business models. The metaverse might not be as appealing to some global tech leaders now as it was two years back. The various investments and ventures […]

Addressing global inequality can be achieved through rectifying the imperfections of traditional currency, as proposed by pioneering cryptographer David Chaum. Chaum, renowned as the “father of online anonymity” in computer science, contends that traditional money’s susceptibility to inflation and devaluation has disproportionately adverse consequences, especially in developing countries. In his perspective, the current state of […]

For nearly a decade, there was a consistent and uninterrupted growth in the count of cryptocurrency ATMs. However, a shift occurred in late 2022. The count of operational Bitcoin ATMs has experienced an approximately 11.1% decrease compared to the beginning of 2023, marking a deviation from the ten-year trend of yearly increases. As per data […]

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Seven of the 13 applicants for spot Bitcoin ETFs filed revised S-1s with the SEC on the day of the deadline. An official decision is expected by Jan. 9, and trading should begin around Jan. 11. If a launch is approved, issuers may be notified as soon as Jan. 3. The hopefuls in the race […]

Today’s A17 edition of the Ta Kung Pao pointed out that the Hong Kong SAR government strongly supports the development of virtual assets, green finance and other directions, while providing strong support for family offices. Since last year, the SAR government has gradually relaxed its investment policy on cryptocurrencies, and the Hong Kong Stock Exchange […]

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Celsius, the crypto lender, has received approval from a New York court for its exit from bankruptcy, a process initiated in July of the previous year. The plan approved by the lender’s creditors will enable them to recover up to 85% of their holdings. For customers who had funds locked up in Celsius, they will […]