Adoption Financial News

05.09 / 05:33

Blockchain Adoption fees transactions network Network outages have been Solana’s ‘curse,’ says co-founder

Network outages continue to be the Solana network’s biggest challenge, according to its co-founder Anatoly Yakovenko.

04.09 / 09:25

business Adoption Bitcoin Repurposing Bitcoin mining heat can solve global energy crisis: Arcane

The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research.

03.09 / 09:21

business Blockchain Adoption retail Crypto's adaptability, openness key to ideal monetary system, say BIS execs

Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical prowess supported by the central bank’s underlying trust is key to enabling a rich monetary ecosystem, suggests an International Monetary Fund (IMF) publication.

02.09 / 23:53

Blockchain Technology Ethereum Adoption NFT Steez NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim agency using blockchain technology, but what frameworks exist that aid in governing it?

02.09 / 23:07

business Blockchain Adoption Snapchat Snapchat’s parent company shutters Web3 division amid layoffs

Snap Inc's CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.

02.09 / 20:17

Blockchain Adoption Gaming Blockchain Game Gaming makes up over half of blockchain industry usage, DappRadar

New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers.

02.09 / 20:13

Ethereum Adoption Binance Bitcoin ethereum name service NOT Hot August for Ethereum Name Service, FIFA & Algorand, Binance 'Not Chinese Company' + More News

02.09 / 18:54

Stablecoin Adoption Bitcoin Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues

02.09 / 18:07

Technology Adoption Tokens Bitcoin Crypto winter teaches tough lessons about custody and taking control

The crypto winter has pumped new life into the adage “Not your keys, not your coins,” particularly after the collapse of some high-profile enterprises like the Celsius Network, whose funds were frozen in June. Just last week, Ledger CEO Pascal Gauthier hammered home the point further, warning: “Don’t trust your coins and your private keys to anyone because you don’t know what they’re going to do with it.”

02.09 / 16:23

Adoption Europe proof-of-work Bitcoin Armenia aims to position itself as a Bitcoin mining hub

At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.

02.09 / 15:35

Adoption regulation Metaverse South Korea expands its efforts to regulate Metaverse

South Korea continues its immersion in Web3 and the Metaverse. After investing almost $200 million in the creation of its own metaverse ecosystem and publishing the “Metaverse Ethical Principles,” the country’s government is now preparing a “Metaverse Industry Promotion Law.”

02.09 / 09:13

business Blockchain Adoption Ripple Think tank launches ‘technical sandbox’ exploring United States CBDCs

A U.S. think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC).

02.09 / 08:23

business Adoption Binance CZ hits back at claims Binance is a Chinese company

Binance CEO Changpeng Zhao (CZ) has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”

01.09 / 23:15

markets Government Adoption Michael Saylor got wrecked, but Bitcoin investors needn't panic

As cryptocurrency investors know, the market moves in cycles. We had the up-cycle when Bitcoin (BTC) and Ether (ETH) hit their all-time highs, and now the bears are back in town.

01.09 / 11:25

Adoption Opera MICRO NFT micro-philanthropy gives a new voice to the opera

The music industry has been a major adopter of Web3 integration, with use cases ranging from song rights, blockchain-based streaming and new forms of digital releases.

01.09 / 06:47

business Blockchain Adoption Ripple Ripple's plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being "deprioritized" by the new administration.

01.09 / 05:47

business Blockchain Adoption Investments Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters

The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms.

01.09 / 03:39

business Adoption Digital virtual reality Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs

Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse.

01.09 / 00:19

Blockchain Adoption NFT Ticketmaster selects Flow blockchain for minting NFT event tickets

According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation's subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used as proof of attendance at notable concerts.

01.09 / 00:19

Adoption regulation Decentralization Reserve US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

There are more than 1,400 DApps in operation and their number is growing rapidly, according to a United States Federal Reserve Board discussion paper dated in June but released on Aug. 30. Ethereum is their biggest host with 470, or 31%, of them. Those decentralized finance (DeFi) products represent a very small share of the global financial system, but may still pose risks to financial stability, the authors said.

31.08 / 22:19

business Stablecoin Adoption Usd Coin Trading Pairs Support Bybit expands spot USDC trading pairs as support for stablecoins grows

Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USD Coin (USDC) — a move the company says will increase retail and institutional access to USDC-settled products.

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