Adoption Financial News

22.06 / 12:09

Blockchain Adoption Report Bitcoin Crypto resonates better with BIS' vision of ideal monetary system

In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the crypto ecosystem over the present-day fiat economy when it comes to fulfilling the policy goals.

22.06 / 08:27

Ethereum Stablecoin Adoption Tether USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B

USD Coin is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on the Ethereum network doubled that of Tether’s USDT on Tuesday.

22.06 / 03:12

Adoption Central Bank Coronavirus Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump

Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users.

22.06 / 01:37

Blockchain CBDC Adoption regulation BIS compares projects to transfer central bank digital currencies across borders

The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers across borders. The projects demonstrated the technical feasibility of the transfers, the BIS found, but practical and policy issues remain outstanding.

22.06 / 00:13

Blockchain CBDC Adoption regulation Bank of Israel experiments with central bank digital currency smart contracts and privacy

On Monday, the Bank of Israel released the results of a lab experiment that examined user privacy and the use of smart contracts in payments. This was the central bank’s first technological experiment with a central bank digital currency (CBDC).

22.06 / 00:13

business Blockchain Adoption valuation Solana NFT Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation

On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour trading volume, announced that it had closed a Series B round for $130 million. The funding round was led by investors such as Electric Capital, Greylock, Lightspeed Venture Partners, Paradigm and Sequoia Capital valued the firm at $1.6 billion.

22.06 / 00:13

Ethereum Adoption Opinion Bitcoin crypto sector Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation.

21.06 / 19:53

Blockchain Technology Adoption regulation Terra Usd Utility BIS: 90% of Central Banks are researching the utility of CBDCs

In a new annual economic report published by the Bank of International Settlements (BIS), the financial institution revealed that approximately 90% of central banks worldwide are investigating the feasibility of adopting central bank digital currencies, or CBDCs.

21.06 / 18:29

Ethereum Adoption Bitcoin Cointelegraph Store introduces Summer of Crypto merch collection

As the market gets hot with the recent price drops, traders need a way to stay cool and take a break from looking at their portfolios. Cointelegraph has dropped a summerwear collection to help holders express their identity as crypto believers, especially when it’s time to take a dip at the pool or the beach.

21.06 / 16:43

business Adoption Deloitte Bitcoin businesses Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin

Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption.

21.06 / 16:07

business Adoption Tokens Cointelegraph Consulting Blockchain investments are disrupting the real estate industry: Report

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library from the industry leader in tokenization.

21.06 / 13:14

Ethereum Adoption Donations Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K

It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible tokens (NFT).

21.06 / 13:14

business Adoption BitPanda Bitpanda cryptocurrency exchange scores registration in Spain

Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, have received registration as a virtual currency exchange and digital asset custody service provider in Spain.

21.06 / 08:15

Adoption NFT Sport partnerships Crypto winter freezes sports sponsorships for digital asset firms

The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts.

20.06 / 18:13

Adoption NFT Gaming Scams in GameFi: How to identify toxic NFT gaming projects

Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity.

20.06 / 14:43

Adoption Bitcoin Bitcoin Price Bitcoin mints more than 13,000 'wholecoiners' in the past seven days

Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254.

20.06 / 14:43

Blockchain Ethereum Adoption applications What Ethereum use case can make ETH a $500B market cap asset: Community answers

While Ether's (ETH) price dip over the weekend may have left investors worried about the digital asset, community members on Reddit conducted a discussion on Ethereum use cases that could potentially push the asset's price upward.

20.06 / 13:19

business Adoption regulation analyst Crypto lending can still survive bear market, analyst says

The ongoing bear market on cryptocurrency markets is too harmful to industry lenders but the concept of crypto lending can still survive the bloodbath, according to some industry experts.

20.06 / 12:55

Adoption Bitcoin Bukele El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices

El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender.

20.06 / 00:11

business Adoption education Bitcoin Future From games to piggy banks: Educating the Bitcoin ‘minors’ of the future

The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors.

19.06 / 14:29

Adoption Investments Bitcoin El Salvador president addresses bear market concerns with Bitcoin hopium

El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government made significant returns on their initial BTC investments as Bitcoin rallied to its all-time high of $69,000, which was redirected to the country’s various infrastructure development initiatives.

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