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Over 40 Percent of Germans 🇩🇪 are Interested in Crypto, Says Report
A new report published by cryptocurrency exchange platform Kucoin shows interesting details of how Germany’s crypto landscape has been shaping up.
The report titled “Into The Cryptoverse 2022, Germany edition,” says that 44% of Germans want to invest in cryptocurrencies to be a part of ‘the future of finance’. The report further states that 37% of German crypto investors have been trading for more than a year.
Interestingly, 41% of German crypto investors said that they are willing to increase their portfolio size in the next six months, while 13% said that they are crypto-curious and intend to invest, and 23% said they are highly likely to invest. The rest are skeptical for now.
German crypto investors are also interested in the decentralized finance (DeFi) market as DeFi protocols offer much higher yields than traditional financial products.
Crypto lending is the second most popular product among German investors. About 31% of crypto-curious investors are planning to enter the crypto industry via crypto lending.
Twitter Makes it Easier to Find 🔎 Conversations With DM Search Upgrade
Twitter has announced that its Direct Message (DM) search feature has received an upgrade that will allow users to search the content of their conversations and find specific messages that include the keyword used for search.
“We know you’ve been waiting for the option to search your DMs. Now you can use the search bar in your inbox to find specific messages using keywords and names,” said the company’s support account in a tweet.
Twitter’s DM search bar isn’t new, but it only allowed users to find the name of a person or a group chat in their inbox. However, with the latest update, users can easily find the required conversation they had with other users.
This update from Twitter has been a long time coming. When the company introduced DM search to Android in May last year, it said that content search was coming later that year.
While Twitter seems to have missed that deadline but at least the feature is available to users on every platform.
Meta Files 📥 For Digital Asset And Web3 Trademark Applications
Meta has filed for eight crypto-related trademark applications with the United States Patent and Trademark Office (USPTO), which would allow their logo to be used for crypto tokens and virtual exchange.
This move signals the company’s growing interest to venture into crypto products and services that will help it build an ecosystem around its Metaverse.
Meta has reportedly applied for a total of eight trademark applications, which also include financial trading, currency trading, blockchain software, virtual currency wallets, virtual currency exchange, and digital, crypto & virtual currencies.
While Meta has submitted the application to the United States Patent and Trademark Office on March 18, there has been no official announcement from the company regarding this. It can take up to eight months for the USPTO to process trademark applications since their initial filing.
Regardless of the popularity of the word ‘Meta’ and ‘Metaverse’ at large; the trademark applications, if approved, would give Meta the right to exclusively use their logo for any of the above-listed ventures.
French Startup Weglot Raises $50 Million in Series A 💰
Weglot, a SaaS tech startup that turns any website into a multilingual one, has raised $50 million in its Series A funding round from investment firm Partech.
Founded in 2016, Weglot offers a simple and user-friendly interface to let users manage translations. With its API-based solution, the company has built a translation solution to make it easier for users to open websites.
The company’s technology helps you add more languages to your site without a lot of changes and without having to switch to another CMS or another e-commerce platform. Currently, the startup is already powering more than 30,000 websites across the world.
Weglot customers can use automatic translation to get started with new languages as the company automatically detects and pulls content from the site.
The company charges a monthly subscription depending on the number of languages and words that you need.
The startup plans to use the funds to create a universal product that works for all kinds of web experiences.
Around the Web 🌐
Zoom Rolls Out New Feature That Allows Users Connect it to Twitch: Cloud-based video conferencing platform Zoom has announced the launch of a new feature that will allow users livestream their meetings to Twitch by adding integration with the streaming service to the app. The company says that the new feature is meant to streamline the process of sharing content with groups.
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