Adoption Financial News

23.09 / 13:25

Blockchain Adoption Digital Currency China accounts for 84% of all blockchain patent applications, but there's a catch

China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official.

23.09 / 08:47

business Adoption Court Israeli crypto exchange receives capital markets license in country first

Israeli-based crypto exchange Bits of Gold became the first crypto firm in the country to receive a license from the Capital Markets Authority according to social media posts from the company on Sept. 18.

23.09 / 06:13

Stablecoin Adoption bills legislation Stablecoin Bill Rep. Warren Davidson: Stablecoin bill has 'outside chance' of finalizing this year

There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it's more likely it will pass in the first quarter of 2023, says U.S. Congressman Warren Davidson.

22.09 / 22:35

business Blockchain Technology Adoption Helium migrates its blockchain to Solana following T-Mobile partnership

On Thursday, the Helium Foundation announced that it would be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles.

22.09 / 18:53

Technology Ethereum Adoption proof-of-work Ethereum post-Merge hard forks are here: Now what?

On the first day after the Merge, the decentralized finance (DeFi) community is settling into the seemingly uneventful transition of the Ethereum network from proof-of-work (PoW) to proof-of-stake (PoS). However, it has yet to be seen the benefits that hard forks will bring to PoW supporters.

22.09 / 17:01

event Adoption NFT PHILANTHROPY Schools UNICEF Giga NFTs to connect schools in developing countries to internet

Developed countries often take for granted the ubiquity of the internet. But the reality is that some 2.9 billion people still don’t have connectivity to the world wide web.

22.09 / 16:15

business Adoption Investments Launch GEM Digital commits $50M to ParallelChain Lab for L1 protocol development

Digital asset investment firm GEM Digital Limited (GEM) has committed $50 million to finance ParallelChain Lab following the launch of its mainnet and native token listing, XPLL, in Q4 2022.

22.09 / 12:03

Blockchain Adoption Opera services Opera browser integrates Elrond blockchain services to bolster Web3 adoption

Web3 crypto browser Opera announced plans to integrate Elrond blockchain services for over 300 million users. The integration would help Opera users directly access a host of decentralized applications (DApps) and other popular services through the integrated Opera wallet.

22.09 / 11:19

business Adoption How Bitcoin ATMs in Greece fare during a record-breaking tourist season

Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP.

22.09 / 05:53

Blockchain Adoption Asia NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report

Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found.

22.09 / 01:21

CBDC Adoption Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Sept. 22, the Iranian Chamber of Commerce has announced. The so-called “crypto-rial” has been in the planning stage for several years.

21.09 / 23:39

CBDC Adoption retail retail CBDC Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp

The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank digital currency (rCBDC) and plans for its further development. This is the third paper the HKMA has published on the e-HKD, as the proposed CBDC is called.

21.09 / 17:07

markets Technology Adoption Investments TradFi Blurring the line between crypto and TradFi could redefine global finance

Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day.

21.09 / 15:13

Adoption Digital NASDAQ Bitcoin recovery Why Nasdaq’s Crypto Move Lays the Ground for a Ballistic Recovery in Digital Asset Prices

Nasdaq has launched a new dedicated digital assets unit to cater to institutional investors. The move by the second-largest stock exchange by market capitalization globally could mark a ballistic price recovery point for the struggling cryptocurrency market.

21.09 / 15:13

Adoption Trading CoinShares CoinShares' HAL Automated Trading Could Revolutionize Retail Crypto Investing

London-based digital asset manager CoinShares has introduced an algorithmic trading platform called HAL that could revolutionize retail crypto investing.

21.09 / 12:27

Ethereum Adoption Ethereum 2.0 Sharding could resolve Ethereum scalability trilemma, says researcher

After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a game changer for the Ethereum network as it could potentially solve the scalability trilemma.

21.09 / 11:53

business Adoption coinbase Coinbase to hand out ENS usernames to simplify wallet transactions

As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames to replace their traditional Coinbase crypto wallet addresses.

21.09 / 11:19

Blockchain Adoption Health Energy Blockchain tech driving institutional-grade solutions: Blockchain Expo Europe

Blockchain is no longer a buzzword being thrown around by mainstream institutions as meaningful and fully-working pilots and programs come to the fore at Blockchain Expo Europe 2022 in Amsterdam.

21.09 / 08:03

Adoption Investments Bitcoin Bull run regulatory Regulatory clarity will drive the next bull run — hedge fund co-founder

A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023.

21.09 / 06:39

Adoption NFT Indian Government Totality Corp CEO explains why India is still largely untapped for NFTs

Despite ranking as one of the highest adopters of cryptocurrency among emerging markets, the majority of the Indian market is yet to embrace nonfungible tokens (NFTs).

21.09 / 00:29

Ethereum Adoption defi Liquidity Staking providers could expand institutional presence in the crypto space: Report

The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and institutional investors, the upgrade could also have a significant impact on the crypto economy, according to a report from Bitwise on Tuesday.

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