Adoption Financial News

18.01 / 15:59

Adoption analyst strategies Bernstein Analyst - Institutions Need to Give Up on Zero Crypto Strategies and Start Allocating Now

Brokerage firm Bernstein has advised institutions to dabble into crypto and give up their "zero crypto allocation" strategy.

18.01 / 15:27

cryptocurrency Adoption economics Financial Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?

Cryptocurrencies are "a manifestation of a magical thinking" born out of a financial crisis, said a finance professor. But there could be something very real behind it. Though not intentionally, the professor may have made a case for the 'financial crisis' being ever-present as cracks in the system persist.

18.01 / 15:03

Blockchain Adoption defi avalanche Ava Labs TradFi NOT DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023

Decentralized finance (DeFi) is on its way from becoming a small niche within the financial industry to something traditional finance (TradFi) is trying to incorporate.

18.01 / 11:57

Dogecoin Adoption Tesla Motors Shiba Inu elon Dogecoin carbon emissions down by 25% following Elon Musk collaboration

Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream adoption — by 25% in one year, thanks to the intervention of developers and Tesla CEO Elon Musk.

18.01 / 05:45

Ethereum Adoption Polygon applications Number of devs increased during crypto winter: Electric Capital report

The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices.

18.01 / 01:33

Adoption Decentralization DAO World Economic Forum WEF publishes new in-depth guide to DAOs to air issues, encourage development

The World Economic Forum (WEF) released a “toolkit” for digital autonomous organizations (DAOs) on Jan. 17. More than 100 experts contributed to the document attempts to provide “a starting point for DAOs to develop effective operational, governance and legal strategies.”

18.01 / 00:31

business Adoption regulation privacy WEF panel discusses the coming tokenized economy

In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds, forex, and other real-world assets will be traded on the blockchain, according to the panel.

17.01 / 22:53

Ethereum Adoption wallet Bitcoin Ethereum Will Soon Have 100 Million Addresses With Non-Zero Balance – What This Milestone Means for ETH Price

The number of Ethereum addresses holding a non-zero balance hit a new record high on Monday of 92.5 million. 2022’s bear market, which culminated in the collapse of one of the world’s former largest cryptocurrency exchanges in November, does not appear to have impacted growth in the number of non-zero balance addresses.

17.01 / 18:11

business Adoption Investments Hong-Kong investment fund raises $500M to push mass adoption in Web3

Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space.

17.01 / 18:11

Blockchain Adoption Polygon Polygon enlists Xternity to migrate multiplayer Web3 game from Solana

Ethereum layer-2 scaling solution Polygon, joined hands with Xternity, a Web3 gaming development platform, to migrate and onboard a multiplayer Web3 game — Synergy Land — to the Polygon network from Solana.

16.01 / 12:33

Blockchain Adoption Europe European Union Cross-border Cross-border crypto scammers on the hit list for EU agencies

By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An international law enforcement operation led by European government agencies joined crypto entrepreneurs and businesses to curb cross-border crypto scams since July 2022, uncovering a criminal network operating through call centers.

16.01 / 10:01

business Technology Twitter Adoption index Twitter's crypto price index feature expands to 30 tokens and counting

Twitter has quietly expanded its new crypto feature that enables users to search the price of individual tokens, adding at least another 30 tokens.

16.01 / 05:31

business Adoption Central Bank Tanzania ‘cautious’ on CBDC adoption after initial research

Tanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking "phased, cautious and risk based approach" after identifying several challenges that could impact its implementation.

16.01 / 04:53

business Adoption Trading Bitcoin Scaramucci to invest in crypto firm founded by former FTX US boss

SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.

15.01 / 19:21

business Adoption Scams Navigating the World of Crypto: Tips for Avoiding Scams

Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks.

15.01 / 17:11

Adoption SEC consequences regulatory The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process

The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors.

14.01 / 19:03

Blockchain Adoption World Economic Forum Davos Cointelegraph heads to Davos for World Economic Forum

As the World Economic Forum brings global leaders together to tackle global issues, a number of cryptocurrency and blockchain events will create a vibrant sideshow in the snowy ski destination in the Swiss Alps.

14.01 / 18:05

Technology Adoption Cybersecurity security App-specific blockchains remain a promising solution for scalability

App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific use case.

14.01 / 18:05

business Adoption Gemini FTX Gemini and Genesis’ legal troubles stand to shake up industry further

With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis.

14.01 / 00:47

business Blockchain Adoption Health 3 blockchain use cases far beyond crypto

Blockchain use cases have expanded far beyond cryptocurrency in the past years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics, and financial services.

13.01 / 22:55

CBDC Adoption MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in four low- and middle-income countries — India, Indonesia, Nigeria and Mexico — to study inclusion issues related to retail central bank digital currency (CBDC) design. They released the results of their 15-month research project on Jan. 13.

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