Adoption Financial News

20.09 / 20:43

business Blockchain Adoption defi Maple Finance launches $300M lending pool for Bitcoin mining firms

On Tuesday, institutional crypto lending protocol Maple Finance and its delegate Icebreaker Finance announced that they would provide up to $300 million worth of secured debt financing to public and private bitcoin mining firms. Qualified entities meeting treasury management and power strategies management standards located throughout North America, as well as those in Australia, can apply for funding.

20.09 / 20:43

Adoption Taxes Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised

The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue website.

20.09 / 17:23

business Technology Adoption education Crypto insurance market expands with decentralized and centralized options

Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital assets.

20.09 / 16:17

business Adoption NASDAQ services Nasdaq reportedly prepares for crypto custody services for institutions

As more institutions become interested in dabbling in cryptocurrencies, multinational financial services firm Nasdaq has reportedly started its preparations to offer digital asset custody services to institutional clients.

20.09 / 13:35

Ethereum Adoption Bitcoin 16% of Americans have Invested, Traded or Used Cryptocurrency

A study conducted by Pew Research Center, a Washington DC-based non-partisan think tank, has found that approximately 16% of American adults have invested in, traded, or used cryptocurrency.

20.09 / 12:49

Adoption Congress Congress demands crypto payments notification from DOS when helping Ukraine

A new bill demanding a congressional notification prior to payments of the United States Department of State (DOS) rewards using cryptocurrencies surfaced as the U.S. Congress raised concerns about the evasion of sanctions.

20.09 / 09:27

Blockchain Ethereum Adoption Ethereum co-founder Vitalik Buterin shares vision for layer 3 protocols

While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.”

19.09 / 17:55

business Adoption Fashion Women The Metaverse is becoming a platform to unite fashion communities

A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse.

19.09 / 16:59

Technology Ethereum Adoption Investments Does the Ethereum Merge offer a new destination for institutional investors?

Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital.

19.09 / 16:59

Adoption Gaming eSports Bitcoin Solitaire, Counter-Strike, Snake: How casual gaming could be a ‘huge’ Bitcoin on-ramp

You can now play Solitaire, Snake and even Counter-Strike to earn Satoshis, tiny fractions of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin and Zebedee, a gaming platform that will “Transform gaming with the power of Bitcoin.”

19.09 / 07:13

Blockchain Adoption Binance privacy 3 barriers preventing Web3 mass adoption — Trust Wallet CEO

Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption.

18.09 / 21:01

Adoption VISA PayPal MasterCard Business owners should get off PayPal and move to the blockchain

Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when it came to traditional stores.

18.09 / 19:27

business Technology Adoption Gaming NFTs will bring crypto to billions of users, explains VC investor

Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the masses. Unlike other crypto niches, NFTs are relatable to aspects of everyday life such as art, music and games.

17.09 / 11:25

Adoption MicroStrategy proof-of-work Bitcoin Bitcoin better than physical property for commoners, says Michael Saylor

MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention.

17.09 / 08:51

Adoption regulation white house Department White House OSTP department analyzes 18 CBDC design choices for the US

As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency (CBDC) systems for possible implementation in the US.

17.09 / 01:31

Technology Adoption Tech Wallets like MetaMask need to become more user-friendly

After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component of our Web3 applications. But interacting with them remains quite dangerous, especially for non-developers. Many of the incidents where users lose their crypto assets are caused by buggy or malicious smart contracts.

17.09 / 01:05

business Blockchain Adoption Binance Binance partners with Ukrainian supermarket chain to accept crypto through Pay Wallet.

Binance announced Friday that it has partnered with the Ukrainian supermarket chain VARUS, saying it will enable cryptocurrency payments for grocery purchases through its Binance Pay Wallet.

17.09 / 01:05

Blockchain Adoption Funding Metaverse Sports Metaverse company secures $200 million funding

Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity exchange listing.

16.09 / 16:13

Stablecoin Adoption Investments Trading Global inflation mounts: How stablecoins are helping protect savings

Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged.

16.09 / 16:01

business Adoption Gaming Animoca Brands continues shopping spree with MotoGP mobile dev acquisition

One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries.

16.09 / 16:01

Adoption CFTC SEC Framework White House publishes ‘first-ever’ comprehensive framework for crypto

Following United States President Joe Biden’s executive order on Ensuring Responsible Development of Digital Assets, federal agencies came up with a joint fact sheet on six principal directions for the crypto regulation in the U.S. It sums up the content of nine separate reports, which have been submitted to the President to “articulate a clear framework for responsible digital asset development and pave the way for further action at home and abroad.”

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