Adoption Financial News

11.08 / 17:19

Blockchain Adoption defi Bitcoin Interlay Interlay launches trustless BTC stablecoin bridge on Polkadot

Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allows the use of Bitcoin on non-native blockchains for decentralized finance (DeFi), cross-chain transfers and nonfungible tokens (NFTs), among others.

11.08 / 16:47

Government Blockchain Adoption information Web3 helps Taiwan secure information against cyberattacks

The Taiwanese Ministry of Digital Affairs (MODA) plans to implement decentralized technology into its web portal in an effort against cyberattacks. InterPlanetary File System (IPFS) is a Web3 technology that government officials will employ for decentralized file sharing.

11.08 / 16:47

Blockchain Adoption Central Bank The Philippines halts virtual asset provider license applications

While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a 3-year hiatus from accepting new virtual asset service provider (VASP) applications.

11.08 / 06:27

Blockchain Ethereum Adoption DApp Decentralized apps on Polygon hit 37,000, rocketing 400% this year

The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022.

11.08 / 04:45

Blockchain Adoption NFT Developers Truly decentralized Web3 needs more developers: Animoca co-founder

Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.”

11.08 / 00:29

business Adoption Investments Venture Capital Financial Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs

Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products amid the bear market.

10.08 / 18:47

Adoption education Bitcoin El Salvador’s ‘My First Bitcoin:’ How to teach a nation about crypto

The grassroots Mi Primer Bitcoin or “My First Bitcoin” program has picked up steam in El Salvador. The first cohort of Bitcoiner-come-students began studies in May this year. Founded by John Dennehy, an American activist and journalist, the program also has the support of the El Salvador government.

10.08 / 16:25

Adoption Bitcoin Bitcoin without internet: SMS service allows sending BTC with a text

An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money.

10.08 / 16:25

Blockchain Adoption Mining Environment Blockchain’s environmental impact and how it can be used for carbon removal

Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, and blockchain technology is being considered a potential tool to reduce carbon emissions.

10.08 / 14:53

Adoption Metaverse NVIDIA Nvidia ups its metaverse bet with new developer tools

Hardware maker Nvidia is ramping up its efforts to make a stand in the Metaverse. On Tuesday, the company revealed a new set of developer tools focused on metaverse environments, including new AI capabilities, simulations, and other creative assets.

10.08 / 14:09

Blockchain Technology Adoption Trading What is a trading journal? And how to use one

Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your financial investments.

09.08 / 23:31

markets Ethereum Adoption Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

The aggregate total value locked (TVL) in the crypto market measures the amount of funds deposited in smart contracts and this figure declined from $160 billion in mid-April to the current $70 billion, which is the lowest level since March 2021. While this 66% contraction is worrying, a great deal of data suggests that the decentralized finance (DeFi) sector is resilient.

09.08 / 18:43

business Blockchain Technology Adoption Blockchain and NFTs are changing the publishing industry

Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications come to fruition. Therefore, it shouldn’t come as a surprise that different segments of the publishing industry have begun to use Web3 technologies to transform traditional models.

09.08 / 12:52

business event Blockchain Adoption Sky Mavis week Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team

Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers take to the podium including Janine Yorio of Everyrealm, Yat Siu of Animoca Brands and Sky Mavis’ Jeffrey Zirlin.

09.08 / 09:31

Blockchain Adoption NFT Metaverse rights KBW 2022: Digital property rights key to thriving Web3 economy — Animoca’s Yat Siu

Yat Siu, co-founder of Hong Kong-based venture firm Animoca Brands has argued that on-chain digital property rights are the main aspects of blockchain technology that will drive a more decentralized society.

08.08 / 17:51

Government Law Adoption US ethics advisory on federal employee's crypto has basis in legislation

When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurrency or stablecoins whatsoever may not participate in regulation and policymaking that concerns crypto. The legal advisory (LA) raised some eyebrows, as de minimis exemptions, threshold amounts below which assets holdings are permissible, are common in the government. The LA is more comprehensible when seen in a larger context.

08.08 / 14:57

Blockchain Ethereum Adoption interview Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022

Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETH) Merge and how it will affect other blockchains.

08.08 / 14:15

Ethereum Adoption Bitcoin Nigeria becomes the most crypto-obsessed nation after April crash: Report

The crypto market crash in April saw most cryptocurrencies lose more than 60% of their valuation from the top, leading to an overall downturn in trading activity, investor interest and venture capital investment. A recent study has highlighted nations' growing curiosity and interest in crypto after the April crash.

08.08 / 12:57

business Blockchain Adoption week Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team

The fifth annual Korea Blockchain Week kicked off on Sunday, with more than 7,000 people attending Asia’s largest blockchain event of 2022.

08.08 / 12:57

business Blockchain Adoption Real Estate Six reasons why blockchain makes sense for commercial real estate: Deloitte

Solutions built around blockchain technology offer several upfront benefits, including a censorship-resistant, irreversible distributed ledger. Deloitte’s study revealed blockchain’s position as a perfect fit for real estate use cases around leasing and selling.

08.08 / 09:45

Blockchain Adoption Open Source Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022

Sam Seo, the director of metaverse-focused blockchain Klaytn Foundation believes widespread adoption of the Metaverse will be “easier” if Web2 companies integrate the tech with their products and services.

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