Adoption Financial News

24.05 / 16:21

Adoption regulation Bitcoin play El Salvador’s Bitcoin play: What does the current slump mean for adoption?

It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in the history of the crypto market and was met with much fanfare. In fact, many proponents claimed that the purchase was just an inkling of what really lay ahead in terms of a global crypto-driven economy.

24.05 / 12:05

business Blockchain Adoption ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization.

24.05 / 11:55

business Blockchain Adoption Bitcoin Updates WEF 2022, May 24: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).

24.05 / 00:11

Adoption Investments transactions Fed report finds most Americans who own crypto tend to be high income hodlers

The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in 2021 report. The Fed’s ninth annual report looked at survey results from 11,000 people questioned in October and November 2021.

23.05 / 23:59

Blockchain CBDC Adoption regulation WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies

The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Switzerland. The panel concluded that good design is key to a successful CBDC, and there are fewer challenges for wholesale CBDC introduction.

23.05 / 20:25

business Blockchain Technology Adoption GameStop unveils beta cryptocurrency wallet and upcoming NFT platform

American electronics retail firm GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will feature nonfungible token functionality.

23.05 / 19:57

Adoption World Economic Forum Davos remittances regulatory Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire

Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constraints — according to Circle CEO Jeremy Allaire.

23.05 / 17:45

business Blockchain Adoption Bitcoin Crypto inheritance: Are HODLers doomed to rely on centralized options?

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.

23.05 / 17:39

Blockchain CBDC Adoption Payments SWIFT, Capgemini Team Up On Developing Global CBDC Interlinks

Global payments network Society for Worldwide Interbank Financial Telecommunication (SWIFT) is partnering with French consultancy Capgemini to conduct new experiments and test how domestic central bank digital currencies (CBDCs) can be interlinked, taking the next step toward cross-border payments utilizing such currencies.

23.05 / 17:33

Adoption regulation litecoin Litecoin confidential transactions spook Korean exchanges

The recent privacy-focused MimbleWimble upgrade on the Litecoin (LTC) blockchain has prompted two of Korea's largest crypto exchanges to issue investment warnings about the fifth-largest cryptocurrency.

23.05 / 16:53

Blockchain Adoption JPMorgan Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’

Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient -- but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before.

23.05 / 16:23

Adoption Charity Ukraine war crypto donations peace Watch & 'Invest in Peace': Ukrainian Deputy PM Raps to Encourage More Crypto Donations

Ukrainian blockchain business Everstake expressed their hope that the government-led Aid for Ukraine organization could benefit from more support from across the world -- and this led them to release a rap video featuring animated pigeons and Mykhailo Fedorov, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation.

23.05 / 16:13

Blockchain Adoption Health education Genomics company explores NFTs in hopes of advancing precision medicine

It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine.

23.05 / 12:23

Blockchain Adoption Ripple Bitcoin WEF 2022: Ripple SVP says crypto winter provides an opportunity to build

Cointelegraph's editor-in-chief Kristina Cornèr interviewed Brooks Entwistle, Ripple’s senior vice president (SVP) for global customer success at the World Economic Forum (WEF) at Davos, Switzerland, discussing his time in Ripple and the current “crypto winter” and what market participants should focus on.

23.05 / 11:11

Blockchain Adoption World Economic Forum Bitcoin Updates WEF 2022, May 23: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, updates in reverse order (the latest update is placed at the top).

23.05 / 10:27

business Blockchain Adoption community Slack Near Protocol picks up slack, onboards Tracer following Terra's downfall

For many Level 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But how does one make the right move, especially after knowing the unfortunate fate of their initial platform of choice?

23.05 / 10:27

business Blockchain Adoption Africa crypto startups Venture funding for African crypto startups grew 11x in 2022: Report

As the African region continues to adopt crypto and blockchain, more venture funding flowed into the continent in 2022’s first quarter compared to the first quarter of 2021, according to a new report by blockchain-investment firm Crypto Valley Venture Capital (CV VC) and Standard Bank.

23.05 / 09:13

Blockchain Ethereum Adoption Reddit Layer-2 adoption could spur the next crypto turning point

A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum.

23.05 / 06:37

Adoption defi Web3 identity ethereum name service Interest in Ethereum Name Service reaching ‘critical mass’

The Ethereum Name Service is having its best month on record for new registrations, account renewals, and revenue thanks to community awareness and low gas fees.

22.05 / 16:51

business Blockchain Adoption Bitcoin Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

Twelve years ago today, on May 22, 2010, programmer and early Bitcoin (BTC) miner Laszlo Hanyecz made history when he traded 10,000 BTC for two large pizzas. It was the first real-world cryptocurrency transaction, and media attention from the act legitimized Bitcoin in a big way.

22.05 / 16:39

Blockchain Adoption defi regulation CEX Terra’s meltdown highlights benefits of CEX risk-management systems

The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as Anchor’s ANC) collapse in value, but the widespread fear, uncertainty and doubt sent market-leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) below $27,000 and $1,800, respectively, on some exchanges.

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