Adoption Financial News

03.12 / 18:15

business Ethereum Adoption Cardano Future The future of smart contract adoption for enterprises

Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements.

03.12 / 08:47

business Adoption Investments Funding FTX US ex-president reportedly seeks $6M funding to launch crypto startup

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup.

02.12 / 17:53

Adoption NFT Developers Metaverse Animoca creates billion-dollar metaverse fund for developers

The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30.

02.12 / 15:43

Adoption Crypto Payment Stripe Crypto Companies Crypto Adoption: These Crypto Companies Just Partnered with Fintech Unicorn Stripe For Its Fiat-to-Crypto On-Ramp Solution

Blockchain-based music streaming platform Audius, NFT marketplace Magic Eden, and crypto wallet provider Argent, along with 13 other crypto projects have partnered with Stripe to use its fiat-to-crypto on-ramp for instant settlement of crypto.

02.12 / 15:11

Adoption regulation crypto framework Framework International Ukraine collabs with international consultants to update crypto framework

Working on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international experts. The list includes the international consultancy firm Ernst&Young and the USAID Financial Sector Reform project.

02.12 / 13:49

business Adoption Metaverse acquires Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica

The web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space.

02.12 / 11:43

Blockchain Adoption Hong Kong working on investor protection regulations, says central bank exec

Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS).

02.12 / 06:25

business Blockchain Ethereum Adoption Trader Joe takes its first step into the Ethereum ecosystem

Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from Avalanche and onto the Ethereum ecosystem, as part of its plans to access new markets and drive up user activity.

02.12 / 01:51

CBDC Adoption Digital Dollar Clearing company tests out securities transaction settlements on blockchain networks

The Digital Dollar Project (DDP) and the Depository Trust & Clearing Corporation (DTCC) released the results of their Security Settlement Pilot project Nov. 30. The project tested a simulated digital U.S. dollar in transactions with tokenized securities on a blockchain network under real-world conditions.

02.12 / 01:51

event Adoption defi education Financial P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi

As one of the main growing sub-sectors in the crypto industry, decentralized finance (DeFi) has faced a challenging year amid market dynamics, cyberattacks and regulatory uncertainty. Its future demands more transparency and clarity in the regulatory landscape, according to a panel discussion at the International Workshop on P2P Financial Systems 2022 on Dec. 1.

01.12 / 23:57

Blockchain Technology Adoption defi Token Burn Fantom wants to cut token burn rate by 75% to fund dApp rewards program

According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application, or dApp, developers with network gas fees. To fund this venture, the Fantom community has proposed slashing the protocol's current FTM token burn rate from 20% to 5%. In supporting the proposal, Fantom developers wrote:

01.12 / 18:59

business Adoption Real Estate FTX What is tokenization and how are banks tapping into its design principles?

Tokenization is the process of converting something with tangible or intangible value into digital tokens. Tangible assets like real estate, stocks or art can be tokenized. In a similar vein, intangible assets like voting rights and loyalty points can be tokenized, too. We see Avios as an example of tokenized loyalty points by the traditional credit card industry.

30.11 / 19:57

Blockchain Technology Adoption network vulnerability Secret Network resolves network vulnerability following white hat disclosure

On Nov. 30, Guy Zyskind, CEO of privacy smart contract blockchain Secret Network, said that developers had patched a privacy-related vulnerability and users' funds remain secure. In a document dated Nov. 29, Secret Network wrote that users or developers required no action and that all active nodes were upgraded to correct the exploit on Nov. 2.

30.11 / 17:13

business Art Adoption Web3 Projects Festivals in the metaverse: How Web3 projects are taking culture virtual

The metaverse is the future, or so is the claim of many interacting with the industry — a claim that can be backed up by the amount of activity pouring into the Web3-metaverse domain.

30.11 / 17:01

Government Adoption Europe Bitcoin European Central Bank blasts Bitcoin —community responds

In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push for more clear guidelines and regulations on cryptos.

30.11 / 15:03

Twitter Adoption community Bitcoin What is the best crypto use case? Community answers

While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.

30.11 / 10:51

Adoption Payments regulation Brazil passes law to legalize crypto as a payment method

While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout the country.

30.11 / 09:23

Adoption Scams Metaverse phishing Metaverse exploitation and abuse to rise in 2023: Kaspersky

Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become a big target next year, according to cybersecurity experts.

30.11 / 06:37

business Blockchain Adoption Trading CrossTower to acquire institutional prime brokerage BEQUANT

Cryptocurrency exchange CrossTower Inc has agreed to buy digital asset trading platform BEQUANT, which comes after months of window shopping by CrossTower for crypto companies, including a recently revised offer for Voyager Digital's assets.

30.11 / 02:07

Adoption Investments Investors should learn from FTX and stop speculating

The FTX collapse marks more than just the failure of another crypto exchange. It signals the time has come for the industry to grow up and embrace value. The value schism is here.

30.11 / 01:17

business Blockchain Adoption The creator of the FTSE100 launches indices for crypto

FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, according to a press release released via its website on Nov. 29. The series has been produced in cooperation with Digital Asset Research. FTSE Russell is a subsidiary of the London Stock Exchange.

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