Adoption Financial News

15.11 / 05:07

Adoption Report Central Bank BIS NOT Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report

Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than their dislike of banks or its perceived use as a store of value, a new report from the Bank for International Settlements (BIS) suggests.

15.11 / 05:07

business Adoption VISA FTX Visa terminates debit card program with FTX

Only a month after payments giant Visa announced a partnership with FTX to roll out a debit card program in 40 countries worldwide, Visa has abruptly ended the program due to FTX's recent insolvency and bankruptcy issues.

15.11 / 03:51

Technology Adoption Let's move on from FTX’s collapse and get back to the basics

Pundits are calling the collapse of the FTX exchange the end of cryptocurrency and venture capitalism related to it. But it’s not. Some of them anointed Sam “SBF” Bankman-Fried “The King of Crypto” — and then summarily killed the king. But, in reality, crypto never had a king. The end of FTX may mark the end of Americans using unregulated exchanges, and it certainly is the end of exchange-native tokens, but crypto itself hasn’t changed one bit.

15.11 / 01:15

Adoption Caribbean Bitcoin Cash Caribbean nation St. Kitts & Nevis may adopt Bitcoin Cash as legal tender by March 2023

The Caribbean nation of St. Kitts & Nevis may declare Bitcoin Cash legal tender by March 2023. Prime Minister Terrance Drew made that announcement while he spoke at the BitcoinCash2022 Conference in St. Kitts on Nov. 12.

14.11 / 22:37

Blockchain Adoption awards Inaugural GAM3 Awards to honor the best web3 games of 2022

The inaugural edition of the GAM3 Awards — a new web3 gaming awards event hosted by Polkastarter Gaming — is set to take place on December 15, according to an announcement provided to Cointelegraph on Nov. 14.

14.11 / 16:57

Art Adoption Artists Future Ownership is the future of digital entertainment, says blockchain exec

Web3 is uprooting traditional entertainment industries with a new way of creating and engaging with digital content.

14.11 / 14:23

Adoption Artists community Helping mainstream artists into Web3: The triumphs and struggles

Musicians and executives alike have seen the power of Web3 tools such as nonfungible tokens (NFTs) to transform audiences into active communities with fewer barriers between artists and fans.

14.11 / 12:21

Government Adoption White Paper Bitcoin Bukele El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX

The shock wave around the FTX explosion was felt globally as it severely fractured investor confidence. However, seasoned crypto entrepreneurs and supporters — including Changpeng “CZ” Zhao and Salvadoran President Nayib Bukele — continue to see through the fog while pushing forward their vision for financial freedom.

14.11 / 09:41

business Blockchain Adoption Congress lawmaker US lawmaker blames 'billionaire crypto bros' for delayed legislation

United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation.

14.11 / 07:19

business Blockchain Adoption Binance CZ and Saylor urge for crypto self-custody amid increasing uncertainty

Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX.

13.11 / 14:39

Government Adoption regulation Hong Kong to avoid FTX-like scenario through transparency and supervision

Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transparency and proper supervision when dealing with virtual assets.

13.11 / 12:27

business Adoption Binance Vitalik Buterin calls out FTX for virtue signaling: 'deserves what its getting'

The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox and Terra (LUNA) collapses.

11.11 / 22:35

Blockchain Adoption Green technology Environment Climate Change Coalition releases report on blockchain and emerging technologies at the COP 27

The Climate Change Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action, including Cointelegraph as a member, delivered on Nov. 11 its stock take report at the United Nations Climate Change Conference, or COP27, in Sharm El-Sheikh,Egypt.

11.11 / 18:47

Blockchain Technology Adoption Health What can blockchain do for increasing human longevity?

The nascent longevity industry focuses on the research and implementation of solutions and technologies to extend the lifespan of human beings — making people live healthier, longer lives.

11.11 / 17:35

Adoption Mining Bitcoin Shell Oil Giant Shell Makes Move Into Bitcoin Mining Industry – Here’s What You Need to Know

One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to bitcoin (BTC) miners.

11.11 / 14:51

Adoption Federal Reserve New York Fed collaborates with Singapore MAS to explore CBDCs

The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) will launch a joint experiment with wholesale central bank digital currencies (wCBDCs). Regulators are keen to test the wCBDCs potential for cross-border wholesale payments.

11.11 / 00:47

business Adoption regulation Investments FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for

The recent liquidity crisis at FTX will increase regulatory scrutiny in the crypto industry, which is what institutional investors are seeking, a number of sources told Cointelegraph on Nov. 10.

10.11 / 17:29

Adoption defi Decentralized Exchange Decentralization defi protocols Threat services Maintaining decentralization: Are custody services a threat to DeFi protocols?

Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin (BTC) managed to get as it grew organically from a white paper published to a mailing list to a new asset class.

09.11 / 18:49

Adoption NFT Tokens Real Estate Fractional NFTs and what they mean for investing in real-world assets

While nonfungible tokens (NFTs) are currently suffering in the bowels of a bear market, some are using this time to build and develop new concepts with the technology.

09.11 / 18:49

Law Adoption regulation Central Bank Some central banks have dropped out of the digital currency race

As countries around the world race to launch a central bank digital currency (CBDC), some jurisdictions have slowed down or dropped out of the race altogether.

09.11 / 06:11

business Blockchain Adoption Binance Reserve Support Binance Proof-of-Reserve pledge gains support following FTX crisis

Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.

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