Middle East Crypto Activity Triples to $350 Billion Amid Ongoing Conflict, Report Finds
WorldPing
The Iran conflict has increased demand for digital assets to preserve and transfer wealth, while Gulf crypto businesses have kept operating through disruption, the Bitcoin Policy Institute says.
This is a short WorldPing brief. The full report was published by Decrypt.
The rating agency's new framework combines Wall Street financial auditing with Web3 code reviews to evaluate both off-chain reserves and on-chain security.
Brief by WorldPing · Original reporting by CoinDesk
U.S. crypto exchange-traded funds (ETFs) attracted about $1.24 billion in net inflows during the week of Aug. 31 to Sept. 4, led overwhelmingly by bitcoin funds. Bitcoin ETFs alone drew $986.
Brief by WorldPing · Original reporting by Bitcoin.com