Adoption Financial News
19.06 / 11:51
19.06 / 08:19
business
Blockchain
Adoption
data
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
The Bank for International Settlements (BIS) Innovation Hub announced the launch of a new set of projects targeting various aspects of traditional and crypto payments — including a cryptocurrency market intelligence platform and security for retail central bank digital currency (CBDC).
18.06 / 15:03
Adoption
community
Bitcoin
The BTC origin story: Who designed the Bitcoin logo?
The bright orange Bitcoin (BTC) logo, for over a decade, has become synonymous with financial freedom amid modern-day recession and stringent governmental oversight. However, unlike the mysteries tied to Bitcoin’s origin, the development of the Bitcoin ‘₿’ logo is fairly documented in the depths of the internet.
18.06 / 13:35
Blockchain
Adoption
Europe
European Union
Third non-EU country, Ukraine, joins the European Blockchain Partnership
After Norway and Liechtenstein, Ukraine became the third country outside the European Union (EU) to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver cross-border public services.
17.06 / 19:47
business
Adoption
Bitcoin
Russia seems to be preparing to mine Bitcoin with flare gas
The Russian government continues establishing links with major players in the cryptocurrency mining industry despite staying skeptical about legalizing cryptocurrency trading and payments.
17.06 / 19:39
Adoption
regulation
banking
Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks
As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges.
17.06 / 18:23
business
Government
Adoption
Binance
Crypto's uses and misuses: Binance-Reuters quarrel raises questions
Crypto exchange Binance has courted controversy almost from its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance Holdings broke U.S. securities rules in launching its digital tokens. Meanwhile, on the same day, Reuters published a scathing 4,700-word “special report” titled “How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers.”
17.06 / 18:23
Adoption
NFT
Conference
Utility
NFT.NYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs
NFT.NYC, one of the largest nonfungible token events, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across 16 sectors, including art, film, sports and ticketing.
17.06 / 16:09
Adoption
defi
Reddit
community
innovations
Which decentralized finance innovations are expected by the DeFi community?
While the broader crypto market is on a downward spiral and social media is plagued with fears and complaints, some are choosing to focus on the decentralized finance (DeFi) space's potential for the future.
17.06 / 14:37
business
Adoption
Binance
defi
Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market.
17.06 / 13:05
Blockchain
Technology
Adoption
defi
Bitfrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions
On Friday, Bitfrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed "SALP 2.0." Projects such as Moonbeam, Unique network, OAK network, Polkadex, etc., held their parachain crowdloans on Kusama and Polkadot via the original SALP. A total of 8,834,746 vsKSM ($439 million) and 3,045,564 vsDOT ($21 million) was minted through the protocol.
17.06 / 11:15
Twitter
Adoption
Legal
expansion
elon
Elon Musk Eyes Twitter ‘Digital Payments’ Expansion, But Faces DOGE ‘Pyramid’ Legal Wrap
Tesla chief Elon Musk wants Twitter to move further into the “digital payments” space – but may have to wage a legal battle with an angry dogecoin (DOGE) investor who claims the billionaire is running a crypto “pyramid.”
16.06 / 22:56
Blockchain
Adoption
Bitcoin
Resistance is futile! 3 reasons why Bitcoin mining will never go away
In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now, the Chinese government is working toward establishing its own digital yuan currency. This raises the question as to whether the original reasoning was merely a Trojan horse.
16.06 / 22:15
business
Blockchain
Art
Adoption
Swiss
Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch
Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs and connects to crypto wallets such as MetaMask and Ledger Live.
16.06 / 19:51
Adoption
Payments
Report
Bitcoin
Accepting Bitcoin for your business just like Tesla: Report
Tesla temporarily embracing Bitcoin (BTC) as a method of payment for its products was conceivably one of the catalysts that pushed asset prices to record highs last year and put the spotlight on crypto legitimacy — particularly in the realm of payments. Moreover, crypto enthusiasts had lauded the fact that Tesla even set up its own node to accept BTC and stated that it wouldn’t swap its holdings for fiat, implying high confidence in the crypto’s long-term prospects.
16.06 / 18:31
Blockchain
Technology
Adoption
This oracle data provider platform has surpassed 4 million nodes since inception
Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and its namesake protocol XYO, which is built on the Ethereum blockchain, seek to reward participants for the genesis, interpretation, analysis, and storage of data to be called upon for specific problems. There are currently over 4 million nodes worldwide on the XYO network.
16.06 / 18:13
Blockchain
Technology
Adoption
Blockchain's potential: How AI can change the decentralized ledger
One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level of trust while maintaining solid data integrity. Not only that, but the use of blockchain systems to store and distribute AI-centric operational models can help in the creation of an audit trail, which in turn allows for enhanced data security.
16.06 / 17:49
Adoption
NFT
wallet
Fashion
TAG Heuer to Allow Users to Display NFTs on Their Smartwatches
Swiss luxury watchmaker TAG Heuer has pushed deeper into Web3 with the introduction of a new feature that would allow users to display their non-fungible tokens (NFTs) on the face of their smartwatch.
16.06 / 17:07
Government
Blockchain
Adoption
Supply Chain
accounting
US Air Force taps SIMBA Chain to develop budgeting and accounting system
For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air Force (USAF) is adopting blockchain into its budgeting and accounting processes.
16.06 / 16:53
Government
Law
Adoption
Monero
Future
Regulations and exchange delistings put future of private cryptocurrencies in doubt
The core principles of cryptocurrency were based on financial independence, decentralization and anonymity. With regulations being the key to mass adoption, however, the privacy aspect of the crypto market seems to be in jeopardy.
16.06 / 16:11
Adoption
regulation
Bitcoin
Cross-border
Bank of Russia backs cross-border crypto payments vs. domestic trade
Russia’s central bank governor Elvira Nabiullina is the latest official to confirm that the country is warming to the idea of cryptocurrency payments, but not domestic ones.
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