Adoption Financial News

11.06 / 05:11

Adoption regulation ICO Financial Savings Bank Heavyweight OK Financial Group Reveals Cryptoasset Launch Plans

South Korea’s OK Financial Group – one of the nation’s biggest moneylenders and savings banking services providers – has unveiled plans to create a cryptoasset. The company will become one of a growing cohort of firms that are hoping to launch tokens, and this appears to indicate that the days of the nationwide ban on initial coin offerings (ICOs) may be numbered.

11.06 / 00:37

Blockchain Adoption Bitcoin Here’s how blockchains are helping to advance the global energy grid

The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and environmental protection advocates have routinely expressed concerns about the amount of energy required to keep the Bitcoin network secure. Data shows the network’s energy consumption now rivals the yearly energy consumed by some small countries.

10.06 / 22:17

Stablecoin Adoption remittances Usd Coin MoneyGram’s USDC transfer service launches in several countries

Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients.

10.06 / 18:39

Adoption education Survey Bitcoin network 'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______

10.06 / 17:25

Adoption NFT Payments MasterCard Mastercard to Enable Direct NFT Payment Options for Marketplace Operators

The payments giant Mastercardsaysit will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the “gas-free” marketplace Immutable X, Candy Digital, the metaverse gaming title The Sandbox, Mintable, Spring, the Nifty Gateway, and the Web 3 infrastructure provider MoonPay.

10.06 / 16:07

business Blockchain Technology Adoption AIM Bear market: Some crypto firms cut jobs while others aim for sustainable growth

To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%.

10.06 / 16:01

Adoption Lightning Network lightning Bitcoin network bitcoin lightning Bitcoin Lightning Network Capacity charges through 4,000 BTC

There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments.

10.06 / 13:13

Ethereum Adoption Survey Bitcoin 2020 13% of Surveyed Canadians Owned Bitcoin in 2021, Up from 5% in 2020 – Bank of Canada

The share of the Canadian population that owned bitcoin (BTC) reached 13% in 2021, up from just 5% a year earlier, a new report from the Bank of Canada has revealed.

10.06 / 13:13

Adoption Hack Legal Time 'First Time Ever', US Law Firm Airdrops NFT Subpoena in Exchange Hack Case

In what could represent a landmark legal development for the crypto industry, US law firm Holland & Knight has served a defendant a pre-trial temporary injunction as a non-fungible token (NFT), acting in a legal case involving its client, crypto exchange LCX.

10.06 / 12:23

business Blockchain Adoption Binance network Anchorage forms custody network with five crypto exchanges

Crypto custody firm Anchorage Digital has recently formed an exchange custody network with five digital asset trading platforms to segregate institutional client funds from exchanges into regulated asset vaults.

10.06 / 09:13

Adoption defi DAO Voting Number of DAOs increases 8X along with spike in votes and proposals

The total number of decentralized autonomous organizations (DAO), the number of governance proposals put forward, and the number of votes cast, have all seen astounding 8X growth over the past 12 months.

10.06 / 08:37

Adoption Report Research Bitcoin Global Bitcoin adoption to hit 10% by 2030: Blockware report

The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by 2030 according to a new report.

10.06 / 06:29

Adoption Altcoin data Bloomberg Bloomberg Terminal supersizes its crypto coverage: 40 more coins

Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto assets to the Bloomberg Terminal.

10.06 / 01:41

Blockchain Technology Adoption ‘The metaverse will empower human beings’, declares Qatar Airways

Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA).

10.06 / 00:39

markets Blockchain Adoption Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates

Positive price movements during bear markets are noteworthy primarily because they can help identify projects that have a good chance of surviving until the next bull cycle .

09.06 / 21:01

Adoption education Bitcoin Jack Dorsey and Jay-Z collaborate on Bitcoin Brooklyn educational program

Legendary New York hip-hop artist and producer, Jay-Z has joined forces with the founder of Cash App, Jack Dorsey, to launch "The Bitcoin Academy," an educational program advocating for the democratic vision that “education is power.”

09.06 / 20:05

Blockchain Adoption defi avalanche Ava Labs Chainlink brings Keepers and VRF to the Avalanche blockchain

Blockchain oracle platform Chainlink (LINK) launched two of its services, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) and integrated them into the Avalanche Primary Network, a special subnet within the Avalanche platform.

09.06 / 17:55

Technology Adoption litecoin privacy Features MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin is one of the earliest alternative coins (altcoins) that came to light after Bitcoin (BTC). Created in October 2011, it is now the 20th most valuable cryptocurrency, boasting a market capitalization of over $4 billion, according to CoinMarketCap data.

09.06 / 16:29

cryptocurrency Adoption Bitcoin New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry

Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira Nabiullina that their industry should not be banned.

09.06 / 16:19

business Blockchain Technology Adoption regulatory Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations

The crypto market is growing at a rapid pace, with governments and various regulatory bodies actively trying to study and keep up with the growth.

09.06 / 16:15

business Adoption Polygon airbnb Polygon taps Airbnb’s director of HR to spearhead its decentralized workforce

Ethereum layer-2 scaling solution Polygon (MATIC) has announced the hiring of Bhumika Srivastava in a bid to consolidate its strategy and cultural ambitions for the company's 500-employee global workforce.

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