adoption
Unique NFT Buyers Hit Historic Highs in January
The adoption happening in the NFTs market is going through the roof, given that unique wallets purchasing NFTs have doubled compared to five months ago.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."
StarkWare partners with Chainlink
StarkWare integrates Chainlink oracle services and data feeds into its blockchain scaling platform.
G20 Discusses Crypto Regulations Under India Presidency
G20 members reviewed technological advancements and dangers during the FMCBG conference on Feb. 24–25.
Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings
Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.
Public feedback on the SFC's proposed cryptocurrency exchange licensing regime
Hong Kong's Securities and Futures Commission seeks public input on bitcoin exchange registration.
Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021
Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.
Fidelity Investments Experiments With Crypto Salary Payments
Fidelity Investments experiments with paying employees in cryptocurrency
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
Astar & Startale: Illuminating the Path to Web3 Mass Adoption
Astar and Startale lead the web3 mass adoption through strategic enterprise partnerships.
Binance Launches Crypto-Themed Word of the Day Game with Rewards
Binance introduces a new Word of the Day game focusing on Crypto Adoption, offering users a chance to win Binance Points and trading fee rebates.
USDT Adoption Surges: Over 330 Million On-Chain Wallets Reported
The adoption of Tether's USDT has reached over 330 million on-chain wallets by Q3 2024, showcasing its global impact as a digital asset, according to Tether.io.
Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024
Western Europe sees a surge in stablecoin adoption, accounting for nearly half of all crypto inflows. The UK drives growth in merchant services, highlighting the region's evolving crypto landscape.
DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024
Eastern Europe sees significant DeFi growth, with Ukraine and Russia leading in adoption despite geopolitical challenges, according to Chainalysis.
Blockchain's Quiet Revolution: Unseen Innovations Driving Web3 Adoption
Explore how blockchain's practical applications in industries like retail, insurance, and real estate are quietly paving the way for Web3 mass adoption, beyond the usual hype.
Blockchain's Mundane Milestones Pave the Path for Mass Adoption
Explore how ordinary use-cases of blockchain technology are driving mass adoption, transforming industries like retail, insurance, and real estate.
USDT Adoption Surges: Over 330 Million On-Chain Wallets by Q3 2024
USDT's widespread adoption is evident with 330 million on-chain wallets by Q3 2024, highlighting its role as a key player in the digital asset landscape, especially in emerging markets.
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.
ARK Invest CEO: Crypto Assets Will See Huge Turn
ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.
The Bank for International Settlements Introduces the DeFi Stack Reference
A BIS working paper examined decentralised finance (DeFi). The article detailed DeFi protocol architecture, primitives, and functions. It advised risk assessment during integration with conventional finance.
U.K. Central Bank and Treasury Believe Digital Pound is Needed
The Bank of England predicts a UK CBDC by 2030.
American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card
Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.
Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.
How Banking Difficulties Drive Crypto Adoption in Latin America
Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.
Nigeria's Foreign Investment and Crypto Adoption Dilemma
Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage rates, the country has a problem attracting foreign investors.
Bosch and Fetch.ai to Create Foundation to Fund Development of Web3
Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.
Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024
Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.
Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.
CFTC Commissioner Questions VCs' Due Diligence
Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
Tether and INHOPE Join Forces to Fight Child Abuse Material Online
The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.
Wyoming lawmakers pass bill prohibiting courts from forcing disclosure of digital asset
Wyoming, a crypto-friendly state, enacted a measure banning private key disclosure. If Governor Mark Gordon approves, it will take effect July 1.
Algorand Foundation Expands its Presence in India
Algorand worked with Hyderabad-based innovation hub T-Hub to assist companies access global financing.
Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities
Honduras has entered the cryptocurrency trend after launching “Bitcoin Valley” in Santa Lucia meant to spur more opportunities in the digital asset space.
Crypto Adoption in Sub-Saharan Africa Rises, Study Shows
Many young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.
Changshu Civil Servants to Receive Digital Yuan as Payment
Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.
Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners
With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, a survey suggests.
Father of two facing the dire prospect of losing his family forever
A two-year bitcoin trading addiction cost a Redditor $180,000 and maybe his wife and family.
The UK is a step closer to launching a central bank digital currency
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says
During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.
Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption
ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.
Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value
Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.
Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism
The cryptocurrency landscape in Latin America, particularly in Argentina and Venezuela, is evolving as a mechanism to counter economic and political adversities. While Argentina sees crypto as a bulwark against economic instability, Venezuela is utilizing it as a tool for humanitarian aid and resistance against authoritarianism. The divergent crypto adoption narratives in these nations underscore the asset class's potential to address complex societal challenges.
76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows
A study shows that 76% of financial institutions expect to use crypto in the next 3 years. In addition, over 75% of consumers said they would prefer to buy cryptos for their sustainability.
Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.
SAMA is Ramping Up Its Research into Central bank digital currencies
SAMA is expanding its central bank digital currency study (CBDCs). Saudi Vision 2030 aims to diversify the economy, decrease oil dependency, and improve public services.
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC
Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.
Blockchain.com Accepts Visa Debit Cards for Crypto Payment
Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Blockchain Got Down to Business in 2019
Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.
Starkware to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.
3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows
The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise.
Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption
Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. This integration will make users connected to the Gemini mobile app where they can buy, sell and trade cryptocurrencies.
Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency
The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.
Binance CEO Emphasizes Importance of Understanding Crypto for Proper Regulation
During a fireside chat at the Hong Kong Web3 Festival, Binance CEO Changpeng Zhao (CZ) discussed the importance of regulators having a deep understanding of the crypto industry to properly regulate it. He emphasized the need for regulatory clarity and engagement with regulators. CZ also suggested that government efforts to restrict traditional financial markets may push more people towards crypto, ultimately leading to mass adoption.
Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years
Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.
The Number of Non-Zero Ethereum Addresses Hit an ATH
The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape
Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.
Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B
Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.
Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.
Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty
Perianne Boring is the President and Founder of the Chamber of Digital Commerce, the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
Virtuzone Partners with Binance To Drive Crypto Adoption In UAE
Partnership with Binance will enable Virtuzone to use cryptocurrency payment services to facilitate its ambitions. Virtuzone is a major provider of corporation and business formation services in the UAE.
India UPI expanding services to Singapore
The eight-bank digital rupee pilot programme has processed 770,000 transactions.
Crypto is No Longer Men Club as More Female Entering the Space, Study Shows
A study finds more women are participating and investing in this crypto sector, which men no longer dominate in terms of gender.
StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"
Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.
Australia Breaks Into Top 3 Nations for Crypto ATM
Australia has 234 crypto ATMs, third worldwide behind the US and Canada. Australia has added 16 ATMs since Jan. 1, while Spain has lost 4 and El Salvador hasn't.
Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot
Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.
LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads
LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated.
Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population
Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.
Blockchain Industry Will Be Valued at $21 Billion Globally by 2025, Research Suggests
A research study by Fortune Business Insight, a market reporting and consulting firm, suggests the global blockchain industry will be valued at a mammoth $21 billion in the next five years. The report explored the rise of financial technology and blockchain companies working towards financial inclusion and targeting developing countries and regions to leverage growth. Such regions, incidentally, have witnessed a growth in educated talent in the past decade, and are well-suited to interact with and understanding distributed ledger mechanisms.
Global Blockchain in Retail Market to Hit $3.27B by 2028
Heightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.
Unknown Sources Target Crypto Investors with Malicious Computer Programs
Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors.
Crypto Adoption Grows among Asian Countries, Says Chainalysis Report
Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022.
Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal
2020 has been a year of institutional adoption for Bitcoin, as many entities have rushed near the second half of the year to invest in Bitcoin.
Indonesia's State-Backed Crypto Exchange: An Analysis
Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption.
The DeFi space is on a path of steady recovery as good actors
Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.
Vietnam to Propel Blockchain Training for Enhanced Competitiveness
To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector
Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems
Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.
Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption
Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.
Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants
Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.
Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.
Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO
Blockchain analytics is believed to help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants.
2022 was a tough year for crypto with a decline in venture
Due to tough macro circumstances and industry developments, blockchain and cryptocurrency-related VC investments fell every quarter in 2022.
Nigeria Releases New Rules Classifying Crypto as Securities
In a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for virtual firms.
The launch of a nonfungible token protocol on the Bitcoin mainnet
On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.
Why Mass Crypto Adoption May Only Be a Year Away, According to Animoca Brands Co-Founder
Crypto enthusiasts predict mainstream adoption of Bitcoin and altcoins within a year to a half, driven by play and the open metaverse, with digital ownership forming the foundation.
Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge
To give women residing in Abu Dhabi the opportunity to expand their knowledge base and ultimately explore the Web3 world, Abu Dhabi Investment Office (ADIO) and Access Abu Dhabi have teamed up with NFT domain name provider Unstoppable Domains
Afghans Seeking Refuge in Cryptocurrencies as Taliban’s Takeover Causes Economic Turmoil
As Afghanistan staggers under an economical crisis triggered by the Taliban's takeover, its citizens embrace cryptocurrencies.
Kraken Introduces Simple, Secure, and Powerful Kraken Wallet
Kraken has launched Kraken Wallet, a self-custodial wallet that offers simplicity, security, and power to users. The wallet allows seamless interaction with popular blockchains, comprehensive portfolio tracking, and WalletConnect integration. With a focus on privacy and backed by Kraken's industry-leading security measures, Kraken Wallet aims to accelerate crypto adoption and empower users in the decentralized world.
Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom
Kim Dotcom acknowledges that a great market crash would facilitate the use of crypto as a common payment method instead of promoting speculation.
Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption
Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.
Bitcoin Begins to Attain Better Mass Adoption Status as Watford Accepts It in Sales of Merchandise
Bitcoin can be seen to continually reach the state of mass adoption as its recognition begins to enter the world football.
Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects
Binance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.
Asian Investors Have a Better Disposition to Crypto than Europeans and Americans, Fidelity Survey finds
A Fidelity backed survey has revealed a growing interest in crypto amongst Asian investors over Europeans and Americans respectively.
Europe Takes the Major Share in terms of Global Crypto Distribution
As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.
MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report
Much of the crypto growth in the Middle East & North Africa (MENA) region is driven by savings preservation, remittance payments, and friendly crypto regulations.
Brazil and Argentina explore a common currency
Coinbase CEO Brian Armstrong promotes Bitcoin for Brazil and Argentina. A alternative currency to the Argentine peso and Brazilian real is being prepared by the two South American nations. BTC might become the second-largest currency bloc after the US dollar.
Kazakhstan Seeks to Improve Cryptocurrency Trading Framework
DATF framework supports "AFSA's Strategy for 2022," which includes crypto framework development as one of three regulatory goals.
The Importance of NFTs in the Web3 industry
NFT token sales increased 67.57% to 101 million last year. DappRadar's Web3 adoption analysis found huge transaction growth in the Solana and ImmutableX ecosystems.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
NFT Surpasses Crypto and Ethereum in Google Searches
To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.
1 in 9 Indonesians hold Cryptocurrency, Hootsuite Report
According to a report shared by Hootsuite citing GlobalWebIndex, 11% of all Indonesians own some kind of cryptocurrency. The total population of Indonesia is just over 270 Million people which makes it the fourth most populous country on the planet.
New partnership to enable Bitcoin micropayments for content platforms
Crypto has enabled micro-monetization across businesses. Play-to-earn games and music streaming led this crypto integration. ZEBEDEE and Fountain, a value-for-value podcasting platform, partnered.
Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders
Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.
Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele
El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.
Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender
To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation's senate building.
Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption
Bolt and Wyre Will drive cryptocurrency adoption forward to create more value for customers across the globe.
PayPal May Be Considering Launching Its Own Stablecoin
PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.
Deposit Coins May Be the Best Blockchain Option for Commercial Banking
JPMorgan Chase and Oliver Wyman produced a deposit token study for blockchain-based commercial banking.
Oobit Secures $25M in Series A Led byTether and CMCC Globa
Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.
Blockchain Gaming is Having a market caps increment
The research also found that top gaming token market capitalization rose 122% in January.
Perianne Boring: Blockchain Will Be the Foundation of the New Financial System
Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
Grayscale CEO challenges SEC's denial of application
If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.
Circle Plans to Increase Workforce by 15-25%
Circle's $42 billion USDC is the second-largest stablecoin behind Tether's USDT.
Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains
Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains.
Japan to Launch Central Bank Digital Currency Pilot in April 2023
Private enterprises will test "digital yen" and CBDC ecosystem modeling in the trial.
Web3 Builders Reveals Suite of Tools to Combat DeFi exploits
Nicholas Horelik of Web3 Builders stated, “end users ought to have this functionality” to understand asset security.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.
Decoding Paradigm's Vision: Cryptocurrency as the Next Tech Revolution
Paradigm's perspective on cryptocurrency emphasizes its potential to be the next big technological revolution. Crypto KOL Splin Teron analyzes this view, highlighting the growing adoption and untapped potential of this emerging asset class.
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.
Shopify Becomes Member of the Libra Association
Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.
The Importance of Embedded Finance in Today's Fintech World
Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service
Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Montenegrin Prime Minister Dritan Abazovic has announced a pilot digital currency project
After meeting with Ripple at the World Economic Forum, Montenegrin Prime Minister Dritan Abazovic launched a prototype digital currency initiative.
African Crypto Traders Get a Community-Driven Token Created By CYF
African development-focused platform CYF, or Community Yield Farming has developed a community-driven token solely for crypto traders in Africa.
Reversing Censorship on Ethereum
Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.
Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months
Bitcoin might not have found its right footing since the start of the year, but this has not discouraged whale addresses from accumulating more coins.
Benjamin Quinlan: New Chairman of FinTech Association of Hong Kong Shares Vision for FTAHK 2.0 and the Future of Asia's FinTech Ecosystem
The FinTech Association of Hong Kong has elected Benjamin Quinlan as Chairman to lead it through the next chapter of its mission to foster the FinTech ecosystem in Hong Kong and Asia.
LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark
Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.
FTX and Affected Parties Request Subpoenas for Information from close relatives
FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings.
National Australia Bank to Launch Ethereum-Based Stablecoin
NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading.
HKSFC to Hire 4 More Staff to Supervise Crypto
The statement states that more operators want to use virtual assets.
Gazprombank suggests banks be given more time to adjust to digital
Gazprom, a Russian state-owned company, suggested allowing banks extra time to deploy the "digital ruble."
The Metaverse: The Future of Social Life?
In December 2022, CoinWire polled 10,000 crypto investors. 69% of respondents expected the metaverse to change social lifestyle with a new entertainment model, and 65% expected it to affect social activities.
Web2 and Web3 tools are merging as crypto-backed debit cards
The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year.
Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems
According to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.
G20 To Establish Standards For Global Crypto Regulatory Framework
The Financial Stability Board, IMF, and BIS will propose worldwide crypto regulations.
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.
Generative AI in the UK Public Sector: A Comprehensive Analysis
A survey by the Alan Turing Institute shows a significant uptake of GenAI in the UK public sector, with diverse applications across healthcare, education, and more. While boosting productivity and offering new operational methods, challenges like unclear guidelines and varying attitudes towards AI persist.
87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey
87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.
Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps
Enhancing China's initiative to adopt blockchain countrywide, internet giant Baidu will be launching a new blockchain-based service, through Xuperchain, for SME's and developers to use in the creation of decentralized applications.
Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone
Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.
Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History
According to an on-chain analyst only less than 2% of the world's population own Bitcoin.
El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender
El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.
China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics
Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.
SEC's Upcoming Decision on Bitcoin ETFs and the Implications
The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.
Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year
Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
Kazakhstan plans to reduce tax fraud and unlawful business operations
The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity
Pantera Capital predicts a bullish trend in the cryptocurrency market, highlighting Bitcoin's potential for DeFi expansion, technological advancements, and regulatory favorableness, following the anticipated Bitcoin halving event.
Bank of Russia to Debut Digital Ruble in April 2023
The Bank of Russia is planning a consumer pilot for the digital ruble and a gold-backed cryptocurrency.
Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks
Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize the need for responsible and ethical use.
Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says
Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.
Professional Investors Believe Crypto Will Become Mainstream, Study Says
A recent survey by London-based crypto hedge fund Nickel Digital Asset Management found that professional investors believe that digital assets will become mainstream in the future.
Premier League Champion Manchester City Tokenizes its Players via Superbloke
It has been reported that the Premier League championship, Manchester city had signed South Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan and South-East Asia. Gacha games involve virtual currency.
Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.
Seychelles Crypto Exchange OKX to Expand Services to Australia
OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.
CBN is continuing to develop its eNaira
R3, the CBN's possible technology partner, will help design a new system to give the CBN complete authority over the CBDC.
Gemini co-founder: Crypto's next bull run will start in Asia
Last October, former BitMEX CEO Arthur Hayes and Gemini co-founder Cameron Winklevoss predicted that Asia will lead the next bull run.
Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Credit Giant MasterCard Grants Wirex First Principal Membership License
Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.
Dragonfly Capital Invests $10 Million in Bitget
Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget to support its global market and service expansion and corporate social responsibility initiatives for crypto education and adoption. Bitget plans to expand its spot trading, launchpad, and Bitget Earn products. Despite the FTX collapse, cryptocurrency derivatives exchanges have recovered, and central exchanges' open interest has risen to approximately $68.5 billion.
Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.
Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption
Ripple’s chief technical officer (CTO) David Schwartz explained why the company’s native XRP cryptocurrency has not been more readily adopted by banks.
Purse.io Closes its Door After Six Years of Operations
Purse.io the company which was at the forefront of increasing adoption of bitcoin at retail payment outlets such as Amazon, would be closing its door after 6 years of operations, marking the end to an era.
Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
Australia's Government is Bolstering Its Market Regulator's Digital Asset
The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.
Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports
The 2023 Chainalysis Global Crypto Adoption Index shows Central and Southern Asia are leading in global grassroots adoption of cryptocurrencies. The index measures countries' involvement in the crypto space using on-chain data and real-world statistics. India leads the index, with six of the top ten countries from the CSAO region. Lower-middle-income countries, including India, Nigeria, and Ukraine, have seen robust recovery in grassroots crypto adoption.
CBDC Activity Subsidizes Consumption During Lunar New Year
After COVID-19 restrictions were eased, Chinese local governments are pushing the usage of the country's digital currency, the digital yuan, to boost e-CNY use and consumption.
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.
Russia Gives Tax Incentives to Crypto Miners
Russia offers tax benefits for crypto mining investors during tough times.
Nigerian Crypto Community Affected by Paxful Shutdown
The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.
22 Bitcoin ATMs Established Globally Per Day in March, Study Shows
The number of Bitcoin ATMs continues to rise, it is estimated that 22 machines were installed per day last month all around the world, a study shows.
Partnership to Tokenize Artifacts Recovered from the Titanic
To support Titanic study, recovery, and preservation, artifacts will be tokenized as NFTs.
Crypto Adoption Among Women on the Rise
A new poll suggests crypto is recruiting women. According to eToro's e-Survey of 10,000+ crypto investors, women's ownership climbed from 29% to 34% in Q4 2022.
Frax Finance has voted to fully collateralizing
Frax Finance decided to completely collateralize the $1 billion capitalization Frax stablecoin.
New clause in South Africa's advertising code for cryptocurrency
South Africa's Advertising Regulatory Board now covers cryptocurrencies. Ads must "expressly and plainly" warn investors of money loss. They must also provide balanced information on product returns, features, advantages, and dangers.
Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021
More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America
NGOs are now cashing in on cryptocurrencies. A new report reveals that an increasing number of charities continue to adopt bitcoin cryptocurrency majorly across North America, Europe, and Australia.
The Use of Blockchain in the Film Industry
Fuzzy Head, which was crowdfunded through Untold.io's nonfungible tokens, will debut at Slamdance Film Festival (NFTs). NFTs helped Russel Crowe's Prizefighter film in 2022.
Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights
Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof.
SEC plans to propose new rule changes that could impact crypto firms
The SEC is still deciding on a "qualified custodian."
Chiliz Launches Layer-1 Blockchain to Support Growth
EVM-compatible Chiliz Chiliz 2.0 Blockchain as fan tokens rise.
18% of Britons Own Crypto, Indicating an Exponential Growth in 2021, Study Shows
Almost one in five Britons (18%) own crypto, according to a survey conducted by cryptocurrency exchange Gemini.
Switzerland City Lugano Signs Agreement With El Salvador To Enhance Bitcoin Adoption in The Regions
The two jurisdictions want to strengthen relations to harness the potential of Bitcoin cryptocurrency for the benefit of both regions and neighboring states and countries.
Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto
Investors steadily recovering from 2022 backed CZ's long-term bet on crypto sceptics.
eNaira Adoption Grows Amid Nigeria's Cash Shortages
Nigeria's eNaira, a central bank digital currency (CBDC), is being adopted at an increasing rate as the country faces severe cash shortages due to demonetization. The value of eNaira transactions has increased by 63%, and the total number of CBDC wallets has grown more than 12 times compared to October 2022.
China's Central Bank Digital Currency (CBDC)
China's Central Bank Digital Currency (CBDC) now supports smart contracts. Soochow Securities' mobile app allows e-CNY purchases. Android phones may now perform contactless digital yuan wallet payments.
1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder
With a projection of 1 billion people using BTC in the next four years, Dan Tapiero, the co-founder of digital asset firm 10T Holdings, believes this trend will push Bitcoin’s price above $500,000.
Scroll Launches zkEVM Mainnet
Scroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.
Venture Capital Firms Almost Quadruple Previous High by Pumping $30B into the Crypto Industry in 2021
Venture capital firms kept a keen eye on the crypto industry to the extent of pouring $30 billion in this sector in 2021.
The Importance of Community in Bitcoin's Success
Crypto Twitter user @ Bosch_ uncovered the mark after updating the Bitcoin logo's sizes.
ConsenSys Acquires Hal to Improve Alerts
Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.
Bridge the gap between traditional finance and DeFi
User location was shown to affect transaction authorisation, with Europe having the best success rates.
SEC panel votes in favor of proposal that may make it more difficult
The US Securities Exchange and Commission has proposed new laws that would make it harder for crypto businesses to supply custody solutions. Opponents think this will hurt.
20% of American Adults Involves in the Crypto Space, Study Shows
One in five Americans has used, traded, or invested in cryptocurrency, according to a poll by NBC News.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
Axie Infinity's Ronin Network Expands with New Games
Sky Mavis has announced that four gaming studios will be launching games on the Ronin Network, expanding its native gaming ecosystem. The move is aimed at creating more community-centric, rewarding, and fun gaming experiences while also attracting more users to the Web3 space.
First Belgian Elected as European Legislator to Accept Salary in Bitcoin
Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.
Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge
Institutional adoption appears to be a crucial driver for holding Bitcoin prices steady.
51% of Crypto Investors in Saudi Arabia Optimise Crypto Future, KuCoin Study Shows
Nearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.
Nearly Half of Millennials Own Cryptocurrencies
A recent survey conducted by Bitget, a cryptocurrency exchange, has found that 46% of millennials in major population countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z and 8% of baby boomers. The survey also revealed that 27% of millennials and 36% of Gen Z consider cryptocurrency regulation an important factor when voting for political candidates.
DBS Bank to Expand Crypto Services to Hong Kong
As Hong Kong strives to become a digital asset center, Singapore state-owned megabank DBS Group plans to extend its crypto platform there.
Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows
Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
US Congress needs to take control of crypto legislation
Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."
Binance Launches In-Store Crypto Payment Solution with Ingenico
In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.
UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility
London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.
Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction
Ark Invest CEO Cathie Wood predicts Bitcoin to reach $600,000 by 2030, with potential for $1.5 million in a bull market scenario.
BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto
Investment giant BlackRock, the biggest stakeholder of MicroStrategy — has now indirect exposure to Bitcoin as the world’s largest intelligence company has recently purchased 21,454 Bitcoins.
Music streaming platform Spotify expands its Web3 efforts
Android users in the US, UK, Germany, Australia, and New Zealand may now access the playlists.
El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio
After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.
U.K. Treasury Proposes Ambitious Crypto Regulations
The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them.
Mastercard Enables USDC Spending in Asia
Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending of traditional and decentralized finance (DeFi). Global payment provider Mastercard has expanded its partnership with the Australian stablecoin platform, Stables, to enable retail customers in the Asia-Pacific region to spend and save USDC anywhere Mastercard is accepted. The wallet will accept deposits in several stablecoins, including Tether (USDT) and Binance USD (BUSD), with all deposits automatically converted into USDC. This move comes as worldwide banking turmoil and regulatory crackdowns continue to impact the crypto space.
Binance-native blockchain BNB Chain continued to show steady activity growth
Despite the bad market, Messari researchers found that BNB Chain fundamentals and on-chain activities improved in Q4 2022.
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
DFINITY Foundation launches the ICP Asia Alliance and a $20 million fund on September 28, 2023, to accelerate Web3 and AI adoption in Asia. The alliance aspires to unite diverse stakeholders, foster innovation, and catalyze the growth of the Internet Computer blockchain across the region, underlined by the establishment of multiple ICP.Hubs and strategic partnerships.
How Cryptocurrencies Can Help You Find Love This Valentine's Day
A Valentine's Day poll reveals that cryptocurrency may be key in compatible relationships.
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.
El Salvador is Opening a Bitcoin Embassy in the United States
El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.
1 Billion Crypto Users Projected by 2030, Study Shows
According to a joint study by Boston Consulting Group (BCG), Bitget and Foresight Ventures, the total number of cryptocurrency users will reach 1 billion by 2030.
New Zealand Permits Cryptocurrency Remunerations
New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.
Nodle's Smartphone-Powered Blockchain Network
Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.
Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption
Celo, a smartphone-driven blockchain platform, is raising the initial 100 million funding through collaboration with other top DeFi protocols to promote DeFi adoption among mobile phone users worldwide.
Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval
99.02% of all BTC supply is now in profit.
Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World
Infinito has partnered with Paxful to support cryptocurrency adoption globally.
FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption
FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.
Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption
The rise and fall of Bitcoin in 2019, with information on price. adoption and what 2020 could hold.
OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption
OKEx and Klaytn have officially joined hands as ecosystem partners who are meant to push for global adoption of blockchain technology for millions of users in the world.
KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption
KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.
IMF Releases New Blog on the Adoption of Stablecoins
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.
European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption
COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.
Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption
Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption
Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward
Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.
Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst
Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.
PreScouter Research: Blockchain Adoption in Life Sciences Wanting
According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.
JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption
JPMorgan published a report showing a significant move towards blockchain, enormous growth of blockchain, and challenges hindering mainstream adoption.