Adoption Financial News
16.06 / 16:05
Blockchain
Ethereum
Adoption
Financial
Top Blockchain Non-Financial Applications According to Vitalik Buterin
Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases.
16.06 / 13:59
business
Blockchain
Adoption
Bitcoin
‘Builders rejoice’: Experts on why bear markets are good for Bitcoin
The crisis has triggered a wave of panic in the community, with the Bitcoin miners’ selling activity surging to seven-month highs as the BTC mining profitability has dropped to October 2020 levels.
16.06 / 12:51
Blockchain
Adoption
e-commerce
Sandbox
Metaverse could be worth $5 trillion by 2030: McKinsey report
Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.
16.06 / 12:19
Government
Adoption
Africa
Bitcoin
CAR president urges citizens to understand Bitcoin to bring long-term prosperity
Despite the cryptocurrency market's prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes the president of the Central African Republic (CAR), who remains bullish on Bitcoin (BTC) and crypto.
16.06 / 11:33
Adoption
Environment
Bitcoin Community
Bitcoin
Time
'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story
When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root.
16.06 / 06:41
Adoption
Investments
Report
Survey
Net Worth
71% of high net worth individuals have invested in digital assets: Survey
High net worth individuals (HNWI) have embraced cryptocurrencies and other digital assets, with 71% of wealthy individuals investing in digital assets according to a new survey.
16.06 / 04:41
business
Blockchain
Adoption
Investments
True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund
Venture capital firm True Global Ventures 4 Plus (TGV4 Plus) has announced the closure of a $146 million funding round earmarked for a wide range of Web3 projects — highlighting investors’ continued interest in crypto despite an ongoing bear market.
16.06 / 03:17
Adoption
VISA
Bitcoin
Visa Rolls out Multiple ‘Bitcoin Cashback’ Cards with Partners in Brazil, Argentina
The payments giant Visa has launched its first crypto cards in the Latin America region – and will debut its new products in Brazil and Argentina via a number of new partner firms.
16.06 / 00:39
business
Blockchain
Ethereum
Adoption
Ankr partners with Optimism to provide a fast and reliable RPC service for users
Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism.
16.06 / 00:09
business
Blockchain
Adoption
DLT
Financial
Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain
Vitalik Buterin, co-founder of both Ethereum & Bitcoin Magazine, took to Twitter to share his thoughts on non-financial use-cases for blockchain technology.
16.06 / 00:09
business
Blockchain
Adoption
security
vulnerability
MetaMask warns of security vulnerability from older versions of popular crypto wallet
On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery.
16.06 / 00:09
Adoption
regulation
legislation
GAO
us house
US House Ways and Means chairman asks the GAO to check out crypto in retirement plans
Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of cryptocurrency in retirement plans. Defined contribution plans, such as the 401(k), are increasingly allowing savers to incorporate cryptocurrency in their plans, the lawmaker said, and concerns have arisen over crypto’s volatility and limited oversight.
15.06 / 23:43
Adoption
Europe
Asia
Survey
One in Seven Wealthy People Now Owns ‘Digital Assets’ – Survey
A new report has found that global high-rollers are spending more money than ever on crypto, which has become “an essential part” of rich individuals’ investment portfolios.
15.06 / 23:03
Blockchain
Adoption
NFT
Marketplace
Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more
This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs.
15.06 / 22:33
CBDC
Adoption
regulation
Cybersecurity
Atlantic Council looks at how to maintain central bank digital currency cybersecurity
The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security, but with a clear focus on the United States and issues specific to it.
15.06 / 17:37
Blockchain
Adoption
defi
Polkadot
Chainlink integrates with Moonbeam to provide price data to Polkadot developers
Decentralized oracle network Chainlink (LINK) has integrated its service called Chainlink Price Feeds to Moonbeam, a smart contract parachain on Polkadot (DOT), to provide data to developers in the platform.
15.06 / 16:47
business
Adoption
regulation
Deal
Russian bank Sber to complete its first digital currency deal
Russian banking giant Sber — formerly known as Sberbank — is preparing to soon complete its first digital currency deal involving the bank’s proprietary digital asset platform.
15.06 / 16:31
Adoption
NFT
Microsoft
A Fool's Game: Bill Gates criticizes the intangible value of NFTs
Tech billionaire, and currently the world’s fourth-richest person, Bill Gates, spoke at the TechCrunch climate change conference Tuesday about the progress society has made in supporting the climate movement, his assessment of current global economics, alongside his skepticism of NFTs.
15.06 / 14:01
Adoption
Lightning Network
lightning
Bitcoin
network
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market.
15.06 / 13:21
Adoption
Amazon
NASDAQ
Bitcoin
Bitcoin is the 'Amazon of crypto' and everything else are bets, says Blocktower founder
Ari Paul, the founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech crash back in the year 2000. Paul likens Bitcoin (BTC) to Amazon, which is one of the companies that survived the market collapse.
15.06 / 00:37
business
Blockchain
Technology
Adoption
ICI Bucharest to use Elrond blockchain to develop decentralized domains and an institutional NFT marketplace
On Tuesday, Romania's National Institute for Research and Development In Informatics, also known as ICI Bucharest (ICI), announced that it would be building an institutional nonfungible tokens, or NFTs, marketplace and a decentralized Domain Name System.
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