Adoption Financial News

09.06 / 13:49

Ethereum Adoption Survey Bitcoin Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC

Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed.

09.06 / 07:17

Adoption Survey Deloitte 75% of retailers eyeing crypto payments within 24 months: Deloitte

Three quarters of United States retailers plan to acceptcrypto or stablecoin paymentswithin the next two years according to a new survey.

09.06 / 00:01

cryptocurrency Adoption Central Bank Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’

Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government.

08.06 / 20:19

Adoption Survey Research Bitcoin Despite bearish trend, hedge funds are dipping their toes in crypto: PwC

Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC.

08.06 / 17:51

business Blockchain Adoption MasterCard Edge announces confidential no-KYC digital currency Mastercard

On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies.

08.06 / 12:25

Blockchain Adoption proof-of-work Bitcoin IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments

An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly mainstream payment system.

08.06 / 11:09

Blockchain Adoption Bitcoin Swyftx Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero.

08.06 / 11:05

Adoption PayPal Bitcoin PayPal Allows Users to Transfer Crypto to External Wallets and Exchanges

Online payment giant PayPal now allows select customers in the US to transfer cryptoassets from their accounts to external wallets and exchanges.

07.06 / 22:39

business Blockchain Adoption PayPal PayPal enables transfer of digital currencies to external wallets

After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send, and receive digital assets between PayPal and other wallets and exchanges. As of today, the feature is available to select U.S. users, with the feature expanding to all eligible U.S. users in the coming weeks. The first batch of supported coins consists of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

07.06 / 17:43

business Blockchain Adoption Bitcoin Standard The business of a Bitcoin standard: Profit, people and passion for good food

The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist.

07.06 / 16:49

Blockchain Technology Ethereum Adoption Future Struggle for Web3’s soul: The future of blockchain-based identity

The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope, which includes asking questions like: What sort of society do we really want to live in? One that is finance-based or trust-based?

07.06 / 15:11

business Blockchain Adoption Investments Crypto.com's Cronos launches $100M accelerator for DeFi and Web3

Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Metaverse space among others.

07.06 / 15:07

business Blockchain Adoption Bitcoin Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC

Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on June 6 that it had “finished the process of converting its liquid assets and entire balance sheet into Bitcoin (BTC).”

07.06 / 13:23

cryptocurrency Adoption Asia Survey Accenture Sees Strong Demand for Digital Assets Among Asian Investors, but Hesitancy Among Advisory Firms

There is a strong demand for digital assets among investors in Asia, but wealth management firms remain hesitant to support them, according to a new report from consulting giant Accenture.

07.06 / 13:01

Adoption ETF Europe Bitcoin ‘Bitcoin-thematic’ ETF lists on Italian stock exchange Borsa Italiana

The Italian Stock Exchange, Borsa Italiana, this morning listed a “Bitcoin (BTC)-thematic” exchange-traded fund (ETF) by Melanion Capital, bringing Bitcoin exposure to Italian institutions and retirement plans.

07.06 / 12:31

business Adoption IOTA DELL tracking Time IOTA Foundation joins Dell to develop real-time carbon footprint tracking

IOTA Foundation, a non-profit distributed ledger technology ecosystem provider, partnered with tech giant Dell Technologies to develop a data-driven solution for the real-time tracking of carbon footprints.

07.06 / 05:31

business Blockchain Adoption Investments Indonesia-licensed crypto asset platform Pintu raises $113M in Series B

Indonesian crypto asset platform Pintu announced the closure of a $113 million Series B funding round participated by four prominent investors Pantera Capital, Intudo Ventures, Lightspeed and Northstar Group.

07.06 / 00:01

Adoption Sport Bitcoin Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto

São Paulo FC, one of the biggest clubs in both Brazil and the world football, has made history by becoming the first Brazilian team to accept bitcoin (BTC) and altcoin payment for match tickets.

06.06 / 21:13

Ethereum Adoption NFT Real Estate USA Real Estate Firm Puts New York Building for Sale as NFT

Exploring innovative ways to use non-fungible tokens (NFT) in real estate deals, the US real estate firm Okada & Company has listed its first commercial property as an NFT on the OpenSea marketplace with an ETH 15,000 tag price (USD 28.7).

06.06 / 19:37

business Blockchain Technology Adoption Corporate evolution: How adoption is changing crypto company structures

Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses.

06.06 / 18:09

business Blockchain Adoption Bitcoin Future Financial Crypto 401(k): Sound financial planning or gambling with the future?

In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.

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