Adoption Financial News
08.08 / 01:03
business
Adoption
Investments
Bitcoin
How Bitcoin whales make a splash in markets and move prices
Deriving their names from the size of the massive mammals swimming around the earth’s oceans, cryptocurrency whales refer to individuals or entities that hold large amounts of cryptocurrency.
06.08 / 16:29
Blockchain
Technology
Adoption
defi
money market
What is a decentralized money market and how does it work?
The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to grow business or meet operational costs can easily access it.
06.08 / 10:01
Blockchain
Adoption
Cardano
Dollar
What will cryptocurrency look like in 2027? Here are 5 predictions
The year is 2027. It’s a time of great innovation and technological advancement, but also a time of chaos. What will the crypto market look like in 2027? (For those unfamiliar, that's a line from the 2011 video game, Deus Ex.)
05.08 / 17:09
Technology
Adoption
defi
Trading
Decentralized finance faces multiple barriers to mainstream adoption
Decentralized finance (DeFi) is a growing market popular with experienced crypto users. However, there are some roadblocks regarding mass adoption when it comes to the average non-technical investor.
05.08 / 17:09
Adoption
Binance
Europe
Bitcoin
Binance Card users now have access to XRP, SHIB and AVAX
Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).
05.08 / 12:35
CBDC
Adoption
regulation
retail CBDC
end
The Bank of Thailand to pilot Retail CBDC by the end of 2022
On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase. A possible real-life application of the "Retail CBDC" will be conducted inside the private sector on a limited scale.
04.08 / 20:25
business
Blockchain
Technology
Adoption
Meta enables Instagram NFT integration in over 100 countries
According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion across 100 countries in Africa, the Asia-Pacific, the Middle East and the Americas. This includes adding support for wallet connections with Coinbase Wallet and Dapper as well as the ability to post digital collectibles minted on the Flow blockchain. The initial rollout targets the popular social media app Instagram.
04.08 / 19:49
Adoption
regulation
Venture Capital
Cointelegraph Consulting
Building the blockchain industry despite market drops and regulation threats
“The cryptocurrency market is the only truly free market that exists in the financial universe,” said Dan Tapiero, CEO of 10T Holdings, during a recent video discussion with Cointelegraph Research.
04.08 / 17:39
CBDC
Adoption
regulation
UK parliamentary group calls for submissions in new crypto asset inquiry
The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The announcement included details of the group’s plans and how interested parties can participate.
04.08 / 16:57
business
Adoption
Africa
Middle east
Cointelegraph expands to Middle East and North Africa with a new franchise
Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media Corporation.
04.08 / 16:56
cryptocurrency
Adoption
defi
Investing
pension
USD 6.8B Pension Fund to Invest in Crypto Lending Market
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up its returns.
04.08 / 16:33
Technology
Ethereum
Adoption
proof-of-work
Lido’s market dominance and Ethereum decentralization post-Merge
After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used by the Bitcoin network, to the more energy-efficient proof-of-stake (PoS) used by younger networks like Solana and Cardano.
04.08 / 14:21
Blockchain
Ethereum
Adoption
wallet
The Ethereum blockchain’s first interface announces wallet extension release
As use cases for blockchain technology increase, the number of related projects and associated cryptocurrencies are becoming more abundant too. While this may sound like momentum toward a future governed by user autonomy, it is not without concern in today's Web3 landscape.
04.08 / 14:21
Adoption
regulation
Taxes
Japan may see a reduced 20% tax on crypto earnings with new proposal
The Japan Crypto-Asset Business Association (JCBA) and the Japan Crypto-Asset Exchange Association (JVCEA), the two prominent crypto advocacy groups in Japan, released a tax reform request that calls for lowering taxes for individual investors on crypto earnings.
04.08 / 13:39
Adoption
Bitcoin
Tourists flock to El Salvador despite Bitcoin bear market
Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, according to government figures. That's despite the price of Bitcoin (BTC) sinking almost 50% since Jan. 1.
03.08 / 22:11
Ethereum
Adoption
Binance
Google
Pilots
Binance pilots NFT ticketing: Nifty Newsletter, July 27–Aug 2
In this week’s newsletter, read about how Binance started its NFT ticketing service by partnering with a sports club. Check out the NFT exchange-traded fund (ETF) that was released by trading platform KuCoin and how Google AI was able to paint BAYC-inspired NFTs.
03.08 / 17:23
business
Adoption
Investments
Bitcoin
Headlines
Beyond the headlines: The real adoption of Bitcoin salaries
Are cryptocurrency wages an idea whose time has come? Maybe not. It’s one thing, after all, to dabble in Bitcoin (BTC) with one’s excess cash and quite another to take a significant portion of one’s salary in BTC.
03.08 / 17:07
business
Adoption
Trading
Food
Loyalty program
Customer
Canadian taco franchise uses NFTs for customer loyalty program
With 19 locations across Canada and a plan for expansion into the United States, this $6 million taco franchise wants to capitalize on their growing customer base.
03.08 / 16:33
business
Adoption
Investments
Bitcoin
Borrowing
Borrowing to buy Bitcoin: Is it ever worth the risk?
The cryptocurrency space is expected to reach 1 billion users in 2030. While some have been known to make a fortune off of it, others have ruined their finances, chasing similar results, going as far as getting credit to buy crypto by putting up valuable assets, including their homes, as collateral.
03.08 / 14:01
cryptocurrency
Adoption
Career
Metaverse
Match Group Puts Crypto, Metaverse Plans for Tinder on Hold
Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it's putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold.
03.08 / 13:25
Adoption
Fiat Money
Bitcoin
Future
Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson
The ability to save up is an essential tool for self-regulation and planning for the future, but when inflation becomes uncontrollable, those who put in their efforts to delay gratification get punished for their choice. On the other hand, Bitcoin (BTC) does the opposite, according to clinical psychologist Jordan Peterson.
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