Adoption Financial News

08.07 / 16:53

Blockchain Technology Adoption Binance Binance Coin What is BNB auto-burn and how does it work?

Binance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB was originally presented as an ERC-20 token on the Ethereum blockchain with a total supply of 200 million. In 2019, Binance started its mainnet swap and migrated all BNB tokens to BNB Chain.

08.07 / 16:53

Adoption education Bitcoin Mind Mind games: Bitcoin education at an escape room in Lebanon

Bitcoin (BTC) sets people free. At least, that was the story at Lebanon’s first Bitcoin-themed escape room in Beirut.

08.07 / 15:11

business Adoption defi Investments Fairfax County highlights the value in the 'short-term nature' of yield farming

Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.

08.07 / 08:43

Adoption regulation Report Survey What bear market? Consumer confidence higher among crypto owners than normies

Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index.

08.07 / 03:25

Blockchain Ethereum Adoption Reddit Backed Reddit announces new blockchain-backed ‘Collectible Avatars’

Content aggregation, ranking, and discussion website Reddit announced a new blockchain-backed avatar system on Thursday. Though no official date was revealed, the company suggested that the avatars will be available to the general public in the next few weeks. For now, Reddit is providing first-look early access to a limited number of people who join the r/CollectibleAvatars community.

08.07 / 00:31

markets Adoption Bitcoin Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed

Crypto and equities markets are down and aside from the positive news of Celsius repaying all of their debt and avoiding a massive liquidation, there are few on the spot reasons that are prompting investors to buy Bitcoin and altcoins.

07.07 / 21:23

markets Adoption Gaming P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons

Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle NFTs called Axies for monetary rewards.

07.07 / 18:41

Government Adoption Bitcoin lawmaker The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

Russia continues sending mixed messages about the legal status of cryptocurrency, with a parliament official urging to launch crypto trading on the country’s largest stock exchange.

07.07 / 17:21

Blockchain Adoption Asia Opera Accessibility Opera Crypto Browser integrates Coin98 to bolster Web3 accessibility in Southeast Asia

Opera Crypto Browser, a Web3-focused project for facilitating navigation across decentralized applications (DApps), games and metaverse platforms, has announced a partnership with Coin98, a Southeast Asia-based decentralized finance (DeFi) platform, to bolster Web3 accessibility.

07.07 / 15:47

Adoption Lightning Network Bitcoin Satoshi milkshake experiment shows kids can HODL Bitcoin too

A Bitcoin (BTC) experiment on the Isle of Man involving the Lightning Network, 25 schoolchildren, and a promise of a milkshake has yielded interesting results.

07.07 / 14:45

business Blockchain Adoption London investment managers British investment managers call for the blockchain-traded funds' approval

The Investment Association, a trade body representing British investment managers, is speeding up the local government and financial regulators to approve blockchain-traded funds with digital tokens substituting traditional shares.

07.07 / 12:17

Adoption Gold Bitcoin Trump Bukele Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC

Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC) proponents, reminding him this wouldn’t have happened if he was using BTC.

07.07 / 09:29

Blockchain Adoption SEC Editorial WSJ editorial slams SEC's 'bewildering' Bitcoin ETF denials

The Wall Street Journal Editorial Board has come out swinging against Gary Gensler’s “legendary” resistance to approving a spot Bitcoin exchange-traded fund (ETF).

07.07 / 07:55

Dogecoin Adoption transport elon All aboard! Elon Musk's Vegas Loop now taking Dogecoin payments

Elon Musk’s tunnel construction firm The Boring Company (TBC) has begun allowing customers to pay for rides on its Las Vegas transit system using Dogecoin.

06.07 / 22:03

Facebook Blockchain Adoption Binance NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5

In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing will use NFTs to authenticate car parts and how NFTs will gradually appear on Facebook and other Meta-owned apps.

06.07 / 21:17

Blockchain Adoption Central Bank Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan

The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future.

06.07 / 18:29

business Blockchain Stablecoin Adoption Circle looks to reaffirm commitment to transparency as USDC market share soars

The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcyon Wednesday, becoming the second crypto lender to default following Three Arrows Capital.

06.07 / 17:47

business Blockchain Adoption Bitcoin What does a bear-market ‘cleanse’ actually mean?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

06.07 / 17:15

Adoption Bitcoin El Salvador's Bitcoin wallet Chivo scores $52M in remittances in 2022

Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.

06.07 / 17:15

Adoption Food Bitcoin Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC

What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too great. Isaiah, the founder of the Cleveland Bitcoin Meetup, is delivering food to Ohio residents to earn cash on the side.

06.07 / 15:57

Adoption Survey Bitcoin Majority of British crypto owners revealed to be hodlers: Survey

An average crypto asset holder in Great Britain would be young, male and hodler. And they would consider crypto to be a ‘fun investment.’ Such are the findings from the fresh research, conducted by Her Majesty Revenue and Customs (HMRC) with the help of research agency Kantar UK and published on Tuesday.

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