Adoption Financial News

24.06 / 11:49

Adoption NFT Eminem and Snoop Dogg turn into BAYC chars in new music video

It was only a year and a half ago that there appeared to be bad feelings between Snoop Dogg and Eminem, both of whom are Dr. Dre's proteges. Now, the legendary rappers have a new music video where they are featured as Bored Apes.

24.06 / 10:59

Adoption solana Smartphone Solana Labs, Smartphone Maker Osom Team up to Unveil Web3-ready Handset

Solana Labs, the firm behind the Solana (SOL) blockchain, says it will launch an Android mobile phone for the Solana network – and aims to ship the device to customers as early as next year.

23.06 / 17:47

business Blockchain Adoption economics open How blockchain can open up energy markets: EU DLT expert explains

Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy sector, blockchain lies at the heart of these technologies.

23.06 / 17:47

Adoption NFT Sport Football Cristiano Ronaldo to get football fans into Web3 with Binance partnership

Football superstar Cristiano Ronaldo has signed an exclusive multi-year nonfungible token (NFT) partnership with crypto exchange Binance. The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.

23.06 / 14:31

Blockchain Adoption defi privacy Financial Transparent financial systems won't get real traction, blockchain exec argues

As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cointelegraph.

23.06 / 13:49

Dogecoin Adoption Crime Popular Meme Coin Dogecoin Used in 'Most Serious' Crimes

Dogecoin (DOGE), the world's largest meme coin in terms of market capitalization, is being used by illicit actors in the "most serious types of crime," according to a recent report from blockchain analytics firm Elliptic.

23.06 / 12:43

business Adoption coinbase Bitcoin services Coinbase to shut down Coinbase Pro to merge trading services

Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.

23.06 / 07:01

Adoption Bank of England Bitcoin China warns Bitcoin is heading to zero but BoE looks on the bright side

The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin prices are “heading to zero.”

23.06 / 06:47

Adoption economics Bitcoin place Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading

The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters.

23.06 / 00:33

business Adoption kpmg Institutions are exploring the space — KPMG Canada crypto team

The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members.

22.06 / 22:10

Blockchain Adoption NFT Marketplace TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21

This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.

22.06 / 20:33

Blockchain Adoption NFT EBAY acquires eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain

eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.

22.06 / 20:33

Blockchain Technology Adoption defi dYdX moves to Cosmos-based blockchain for V4 to optimize decentralization and trading flow

On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum Layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint proof-of-stake consensus for its V4 update. The firm cites the Cosmos blockchain's decentralization and performance as reasons for being a "best fit" for building dYdX for V4.

22.06 / 18:23

business Blockchain Technology Adoption Shopify Shopify unveils tokengated commerce as part of new connect-to-consumer experience

As part of a new series of connect-to-consumer initiatives developed this year, Shopify will allow merchants to connect with fans and drive sales by creating exclusive merchandise for tokenholders. The initiative, dubbed "tokengate," is available in early-access beta mode.

22.06 / 17:18

Stablecoin Adoption Tether USDT Tether Launches GBP-pegged Stablecoin, Supports UK Plan to Become ‘Cryptoasset Hub’

The stablecoin issuer Tether, known as the company behind the world’s largest stablecoin USDT, on Wednesday announced the launch of a new stablecoin pegged to the British pound.

22.06 / 16:40

business Adoption Binance Bitcoin Option Binance-owned Trust Wallet adds buy option via Binance Connect

Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases.

22.06 / 16:40

business Adoption defi lending Low Celsius’ crisis exposes problems of low liquidity in bear markets

After one week of pausing user withdrawals, swaps and transfers, the firm said it was maintaining an open dialogue with regulators and officials and plans to continue working with them regarding this pause. Celsius has yet to comment on when the company is going to stabilize its operations. Celsius has also paused communications on Twitter Spaces and ask-me-anything (AMA) sessions “to focus on navigating these unprecedented challenges.”

22.06 / 14:39

Blockchain Adoption Conference Meet the Snoop Dogg impersonator who walked around NFT.NYC

A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community.

22.06 / 13:31

Adoption regulation Asia Crypto.com scores approval from Singapore finance regulators

Major Singapore-based cryptocurrency exchange Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. The license will let the platform provide a range of payment services in the country.

22.06 / 12:41

Adoption regulation Qatar Central Bank in ‘foundation stage‘ of launching digital currency

The 2.8-million nation of Qatar is going to join a growing range of countries, experimenting with the central bank digital currency (CBDC) concept. The Qatar Central Bank (QCB) is currently “in the foundation stage” of issuing its digital currency.

22.06 / 12:41

Blockchain Adoption Investments Bitcoin Deal Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal

Goldenstone Acquisition Ltd, a special-purpose acquisition firm (SPAC), has announced plans to go public with blockchain-based payments firm Roxe Holding Inc.

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