Dec 12 (Reuters) – Most big banks and investment managers expect the cryptocurrency market to pick up in 2023 after a brutal year that saw bitcoin sink around 75% from its all-time high in November last year.

The majority of Americans increasingly see crypto as a chancy investment. About 60% of Americans believe investing in digital currency is highly risky — up from 45% in 2021, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. Another 26% believe it is moderately risky.

U.S.-based customers of the Binance exchange’s Binance.US unit are now able to use the Binance.US Pay payments system to send money on their mobile app.

The crypto market slump doesn’t mean interest in crypto is also down. A new study from the cryptocurrency education platform CryptoManiaks revealed that many countries are still scouring the internet, hungry for crypto-related information.

On Wednesday, Apple Inc. made an announcement that might sound minor: It will now offer end-to-end encryption for most material its users backup on its iCloud storage service.

Crypto.com released proof-of-reserves data from auditing firm Mazars Group that showed its clients’ assets are fully backed one to one, according to a statement Friday.