Adoption Financial News

28.10 / 19:49

Adoption interview Bitcoin Crypto Talk Cowboy hats, boots, guns and crypto talk with Dan Held

Bitcoiner Dan Held gave journalist Nicole Behnam a true Texan welcome to Austin while the pair discussed their individual paths into the world of crypto.

28.10 / 12:23

business Twitter Adoption Binance Takeover Binance wired $500M to back Musk’s Twitter takeover — CZ

Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.

28.10 / 00:27

business Blockchain Adoption Polygon Cross-Chain Axelar partners with Polygon to deliver cross-chain communication to Polygon Supernets

Cross-chain platform Axelar has announced a partnership with Polygon to deliver secure cross-chain communications to Polygon Supernets. The company said that Axelar’s partnership with Polygon will serve as infrastructure for an interoperable internet of dedicated Ethereum Virtual Machine (EVM) blockchains powered by Polygon Edge.

28.10 / 00:07

Adoption Digital Investments Gap Fidelity report shows resilience to crypto winter, huge adoption gap among investors

Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite headwinds, the study concludes, but adoption remains highly uneven among different types of investors.

27.10 / 20:47

Blockchain Adoption Telegram TON Telegram launches marketplace to auction rare username handles

The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will serve as an auction platform on which rare Telegram handles will be up for grabs.

27.10 / 17:11

Blockchain Adoption Africa exchanges Backed Coinbase, Alameda-backed Mara launches African crypto wallet service

Some two million users in Nigeria and Kenya are set to be onboarded to a new cryptocurrency wallet backed by the likes of Coinbase Ventures and Alameda Research.

27.10 / 13:33

Ethereum Adoption MetaMask ConsenSys commits $2.4M annually to launch MetaMask Grants DAO

Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further development of the Web3 ecosystem.

27.10 / 13:13

Blockchain Adoption Binance Asia Kazakhstan to build central bank digital currency on BNB Chain

In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor.

27.10 / 11:35

business Adoption Crypto investment firm Q9 gets provisional approval to operate in Dubai

A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE and applied for a full operating license as well.

27.10 / 05:07

business Adoption VISA MasterCard Blockchain.com partners with Visa to offer crypto debit card

Crypto exchange Blockchain.com has partnered with Visa to launch a crypto card, available to only U.S. residents initially, which allows users to pay using their crypto or cash balance wherever Visa debit cards are accepted.

26.10 / 23:33

Adoption wholesale BIS releases full report on mBridge wholesale CBDC platform after successful pilot

The Bank for International Settlements (BIS) has released the full details of its mBridge pilot project to use central bank digital currencies (CBDCs) for foreign exchange. Commercial banks in four jurisdictions made cross-border transfers using CBDCs and distributed ledger (blockchain) technology in the project, which was heralded as a success.

26.10 / 22:57

Art Adoption Apple Reddit Time Reddit NFT trading volume hits all-time high: Nifty Newsletter Oct. 19–25, 2022

In this week’s newsletter, read about how Apple released its first-ever set of rules for nonfungible tokens (NFTs), including a 30% “tax” and limits on how NFTs can be bought and exchanged. Check out how NFTs have the potential to change museum experiences in the future and how OpenSea revised its NFT rarity ranking protocol after feedback from the community. In other news, find out how NFTs are used to democratize scheduled TV programming in the era of Web3. Last but not least, NFT trading volume on Reddit hit an all-time high with nearly 3 million wallet holders.

26.10 / 18:53

business Adoption Investments Andreessen Andreessen Horowitz loses billions of dollars but remains faithful to crypto

Andreessen Horowitz (a16z), a hedge fund that manages roughly $28 billion USD, has become one of the major victims of the crypto market crisis that broke out last spring. Despite the downturn, the company said it remains faithful to “the crypto-centric vision of the internet called Web3.”

26.10 / 17:55

Adoption Western Union Planning to Launch a Crypto Token? – Here’s What You Need to Know

Western Union has filed three trademark applications associated with digital assets, suggesting that the international money transfer company might be preparing to offer crypto-related services.

26.10 / 17:39

business Adoption Metaverse Agency Norwegian gov’t agency opens metaverse office in collaboration with EY

The Brønnøysund Register Center, a Norwegian governmental agency, partnered with Big Four accounting firm Ernst & Young (EY) to step into the metaverse with a new virtual office location.

26.10 / 17:39

Technology Adoption Investments Bitcoin Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why

The anticipation of the next Bitcoin (BTC) halving will be the main catalyst that sparks a new crypto rally as soon as the second quarter of 2023, according to hedge fund manager Mark Yusko.

26.10 / 10:15

Adoption regulation Elections Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with

A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact the outcome of the United States midterm elections. Significant numbers of voters are well-disposed toward crypto and want to see it treated as a serious and valid part of the economy, and bipartisanship is strong in the crypto community.

26.10 / 07:51

CBDC Adoption enaira Nigerians' passion for crypto is stopping short at the eNaira

Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.

26.10 / 03:21

Facebook Adoption Instagram Potential US ban is a reminder that influencers should dump TikTok

People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game?

25.10 / 22:19

Adoption remittances Western Union may be planning to expand its digital offerings far beyond remittances

Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the latest of several attempts the company has made to enter the cryptoverse. So far, it has had limited success.

25.10 / 20:55

business Blockchain Adoption Filecoin launches Web3 data storage solution for carbon offsets

Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make Filecoin verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy.

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