Adoption Financial News

02.11 / 00:33

business Adoption Investments MicroStrategy stocks Bitcoin Bitcoin Price MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge

Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds.

01.11 / 21:25

Blockchain Adoption Hackers hacks Cybersecurity security Cybercrime lazarus Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic

Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs.

01.11 / 17:51

business Blockchain Ethereum Adoption privacy Worldcoin Worldcoin claims 4 million app downloads and 1 million active users

Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coingecko’s list of most downloaded software wallets.

01.11 / 15:07

Blockchain Adoption HSBC Banks Ant HSBC and Ant Group test tokenized deposits under HKMA sandbox

Banking giant the Hong Kong and Shanghai Banking Corporation (HSBC) has tested the use of tokenized deposits — from issuance to transfer to redemption — with major Chinese financial services provider Ant Group, founded by Jack Ma, in a sandbox arranged by the Hong Kong Monetary Authority.

01.11 / 10:21

Blockchain Adoption privacy Cybersecurity security services Near taps Nym for metadata privacy, encryption services

Layer-1 protocol Near has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem.

01.11 / 07:37

Adoption Blockchain Investment Firm Hivemind Expands to Hong Kong, Appoints Veteran Banker as Head of Asia

Hivemind Capital Partners, a prominent web3 and digital asset investment firm, has announced plans to expand operations to Hong Kong.

01.11 / 01:57

Blockchain Adoption ETF SEC Bitcoin Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

The ticker for Invesco and Galaxy's spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website.

31.10 / 20:39

CBDC Adoption ECB Project mBridge reveals details of its workings ahead of MVP, commercial debut

The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions in a shift of tone as the project prepares to become a minimum viable project for commercial launch next year.

31.10 / 19:11

business Ethereum Adoption defi Circle Usd Coin Circle to phase out consumer accounts, but business and Mint will remain

Stablecoin issuer Circle will close out consumer or individual accounts on November 30, according to emails received by Circle customers on October 31. In an email to Cointelegraph, the stablecoin issuer confirmed that it is closing the accounts but confirmed that business and institutional “Mint” accounts will remain available.

31.10 / 13:23

Adoption regulation wallet Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai

The Dubai Virtual Assets Regulatory Authority (VARA) has issued a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, resulting in the launch of Backpack Exchange.

31.10 / 13:23

Adoption exchanges Bitcoin Halving Bitcoin Bitcoin Price No concerns over Bitcoin halving supply shock, says Bitvavo CEO

Supply and demand dynamics could mitigate concerns of a potential Bitcoin (BTC) market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.

31.10 / 13:23

Stablecoin Adoption regulation Tether Usd Coin Terra TrueUSD From payments to DeFi: A closer look at the evolving stablecoin ecosystem

The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape.

31.10 / 09:38

CBDC Adoption regulation Africa end Kenya to introduce digital IDs for citizens by year-end

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. According to the president of Kenya, William Ruto, whose speech at the East Africa Device Assembly Kenya plant in Athi River was cited by local media on Oct.30:

31.10 / 09:38

Blockchain Adoption supply Fiat Money Bitcoin Bitcoin Price Rising M2 money supply will see crypto become 'supermassive black hole': Raoul Pal

The rising M2 money supply could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal, co-founder and CEO of financial media platform Real Vision. Pal’s X post highlighted the correlation between the rising fiat market supply and the start of the crypto bull run.

31.10 / 08:25

Blockchain Adoption Web3 Gaming Blockchain Game Web3 gaming investors more ‘choosy’ in crypto winter - Animoca’s Robby Yung

Investing in Web3 gaming has required a greater level of due diligence through a testing cryptocurrency bear market, according to Animoca Brands CEO Robby Yung.

31.10 / 06:59

business CBDC Adoption Central Bank Dollar e-HKD Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2

The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the successful completion of the Phase 1 trial of its in-house central bank digital currency (CBDC).

31.10 / 06:13

Blockchain Adoption White Paper Hash Rate proof-of-work Cryptography Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

Today marks 15 years since the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared the Bitcoin (BTC) white paper to a mailing list of cryptographers on Oct. 31, 2008 — a date also annually celebrated as Halloween.

31.10 / 06:13

Adoption regulation SEC Bitcoin Bitcoin Price bitcoin etfs Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in

There’s a slim chance the United States Securities and Exchange chief Gary Gensler could pull the plug on spot Bitcoin (BTC) exchange-traded funds in one “amazingly sadistic” move, according to Bloomberg ETF analysts.

30.10 / 20:43

Ethereum Adoption ETF regulation solana Bitcoin Weekly Crypto funds see largest weekly inflows in more than a year: CoinShares

Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an Oct. 30 report from asset management platform CoinShares. Inflows were $326 million for the week ending Oct. 27, dwarfing the $66 million recorded over the previous week.

30.10 / 13:55

Law Adoption us government Middle east Terrorist fundraising: Is crypto really to blame?

The ghastly events of this past month raise again some troubling questions: Does crypto have a terrorist fundraising problem? Are its networks really being exploited by terrorists to wreak global havoc? If so, what must it do better?

30.10 / 13:55

business Adoption Bitcoin Futures CME Futures Bitcoin open surges CME becomes second-largest Bitcoin futures exchange as open interest surges

The Chicago Mercantile Exchange (CME), a regulated derivatives exchange that lists Bitcoin (BTC) futures, now stands just behind Binance in terms of notional open interest to rank second in the list of BTC futures exchanges.

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