Adoption Financial News

27.12 / 15:45

Blockchain Adoption Backed Financial Russia's largest bank issued gold-backed digital financial assets

Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments amid dedollarization.

27.12 / 10:09

business Blockchain Adoption Bitcoin Price NOT Bitcoin ASIC miner prices hovering at lows not seen in years

Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market.

27.12 / 07:07

business Blockchain Ethereum Adoption DeGods and Y00ts NFTs are bridging off Solana. Here's why

Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption.

27.12 / 04:57

Adoption Scams Fraud interview Robocallers have upped their scam game and they’re after your crypto

Professional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in an attempt to swindle information and funds.

26.12 / 22:47

CBDC Adoption Federal Reserve Digital Dollar Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed

Project Hamilton, the research project of the United States Federal Reserve Bank of Boston and Massachusetts Institute of Technology (MIT), announced its conclusion in the runup to Christmas. The two-year project looked at the technical aspects of a hypothetical United States digital dollar central bank digital currency (CBDC).

26.12 / 16:11

Adoption NFT Europe Italy to create the crypto art Renaissance: NFT market report

Italy is one of the cultural hubs of Europe, with centuries of history, art and culture. Now it is also posed to create the crypto art Renaissance via its nonfungible token (NFT) market, says a new report.

26.12 / 15:53

Adoption regulation Bank of England Sky News FTX collapse calls for 'prudent regulation' in the UK

The collapse of FTX is being viewed as a cautionary tale and a precursor for more prudent regulation by public and private sector players in the United Kingdom.

26.12 / 15:13

Adoption FTX Bitcoin Early Amazon Investor Bill Miller is Still Bullish on Bitcoin Despite the Recent Crash – What Does he Know?

Bill Miller, a famed American investor, fund manager, and philanthropist, is still bullish on Bitcoin despite the recent crypto meltdown that has seen the price of the flagship cryptocurrency plunge by around 75% compared to its all-time high.

26.12 / 12:37

Ethereum Adoption ETH staking on top exchanges contributes to Ethereum censorship: Data

For most crypto ecosystems, being compliant with federal sanctions have a negative impact on its global reach. However, when it comes to Ethereum, investors have significant power to decide the degree of compliance the ecosystem obeys.

26.12 / 06:45

business Adoption Bitcoin Shuts Down Hashrate freeze Bitcoin hashrate recovers after big freeze shuts down miners

Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation's electricity grid — leading to a temporary drop in hashrate.

26.12 / 03:33

business Adoption Women Women who made a contribution to the crypto industry in 2022

2022 saw the continued rise of disruptive blockchain-centric concepts such as decentralized finance, GameFi, nonfungible tokens and Web3. Notably, some of the related projects that thrived in 2022 were headed by women, which is a good indicator of progress in an otherwise male-dominated sector.

25.12 / 20:17

business Adoption Banks Crypto is a nonexistent asset for big institutional investors - JPMorgan exec

Big institutional investors are still largely staying away from the crypto market, as the asset class' volatility poses a challenge to money managers, Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management, told Bloomberg.

25.12 / 17:15

Adoption security Liquidity Upgrade 1inch launches Fusion upgrade to improve swap security and profitability

Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors.

25.12 / 17:15

Adoption regulatory The 5 most important regulatory developments for crypto in 2022

2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their tighter stance on digital assets, their effect could help the industry to mature in the long run.

24.12 / 17:19

Adoption FTX Bitcoin Xmas dinner table: What to tell your family about what happened in crypto this year

After a lackluster rise of crypto in 2021, which saw many new crypto millionaires and several crypto startups attain unicorn status, came the dramatic fall in 2022. The industry was plagued by macroeconomic pressures, scandals and meltdowns that wiped out fortunes virtually overnight.

23.12 / 23:33

Ethereum Adoption security data LastPass attacker stole password vault data, showing Web2's limitations

Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing.

23.12 / 13:57

cryptocurrency Adoption Bitcoin Brazil Legalizes Crypto Payments, 'Setting the Stage for Greater Bitcoin Adoption'

The President of Brazil Jair Bolsonaro signed a bill making bitcoin (BTC) and other cryptoassets a legal and regulated payment option in the country - and this move, an expert says, "sets the stage for greater bitcoin adoption."

23.12 / 02:11

Blockchain Adoption Green technology Environment The most eco-friendly blockchain networks in 2022

2022 saw the continued advancement of green crypto projects as more industry companies focused on sustainability to reduce carbon emissions. A series of elemental forces drove the paradigm shift, including user demands for faster and more energy-efficient blockchains, growing climate change awareness among investors, and rising government concerns about energy consumption in the crypto sector.

23.12 / 01:25

Ethereum Adoption Developers Binance Coin BNB Chain now has more unique addresses than Ethereum, developer says

Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer.

22.12 / 21:47

Adoption The driving forces behind crypto adoption in Latin America in 2022

Inflation, cross-border payments, assets tokenization and nonfungible tokens (NFTs) were among the major drivers for crypto adoption across Latin America in 2022, sources in the region told Cointelegraph, with exciting examples of progress across many countries.

22.12 / 17:53

Adoption Sport Football Argentina football league scores metaverse partnership after World Cup triumph

Argentina’s World Cup triumph in Qatar is already bearing fruit for its national football association through a new metaverse partnership.

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