Adoption Financial News

09.05 / 12:23

Blockchain Adoption From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya

Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local ecosystem.

09.05 / 11:35

business Adoption Binance Scams Binance takes legal action against fake billboard ads in Turkey

Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings.

08.05 / 13:19

Blockchain Ethereum Art Adoption Plain talk about NFTs: What they have been and what they are becoming

There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article about nonfungible tokens popping up. These inevitably contain the obligatory “An NFT is a” paragraph for newcomers… and for readers who’ve consumed a dozen similar articles but still don’t get it. If you’re among the latter, you’ve come to the right place.

08.05 / 08:21

Blockchain Adoption Bitcoin rebrand For the crypto industry, supporting sanctions is an opportunity to rebrand

One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12, Russian banks lost access to the international payments and messaging network SWIFT, and private sector payment companies, such as Visa, PayPal and Mastercard, were close behind. But while these highly regulated and publicly scrutinized organizations were quick to react to the crisis, concerns quickly mounted that the Russian state, as well as companies and oligarchs associated with it, could turn to digital currency exchanges as a backdoor to side-step sanctions.

08.05 / 05:13

business Blockchain Adoption Bitcoin innovations Crypto, like railways, is among the world’s top innovations of the millennium

You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it fascinating how the description of the industrial age front-runner technology resembled the awe and fear of blockchain in modern times. Some quotes are so relevant that changing the “railroad company” to “blockchain protocol” would give the same shilling.

07.05 / 12:39

Blockchain Technology Adoption Google Digital sovereignty: Reclaiming your private data in Web3

As the Fair Data Society puts it, we are laborers in the data economy. Our personal data — basically, the digital blueprint of our lives — gets collected by platforms we interact with, most often in a non-transparent way. At best, it is used to improve our user experience. At worst, our privacy gets breached, monetized and even weaponized against us.

07.05 / 12:35

business Adoption Binance Europe Binance reportedly halts crypto derivatives service in Spain

Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate as a fully licensed financial institution, the exchange has stopped offering it's crypto derivatives services in Spain as it reportedly awaits approval from the Spanish regulator, Comisión Nacional del Mercado de Valores (CNMV).

07.05 / 08:59

business Adoption Report Research NFT market well-positioned to grow 35% into a $13.6B industry by 2027

Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.

07.05 / 05:33

Blockchain Adoption Bitcoin Bitcoin’s Velvet Revolution: The overthrow of crony capitalism

If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict would probably make the revolutionaries think they’d won. They would see a society split on all manner of subjects — from identity politics to the correct COVID-19 strategy — but virtually silent on the eternal struggle between labor and capital, the oppressors and the exploited.

07.05 / 03:03

CBDC Adoption boost Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow

The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone.

06.05 / 23:41

markets Blockchain Technology Adoption There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry

The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public.

06.05 / 20:47

Adoption ETF Europe Bitcoin ‘Consistently Strong’ Institutional Crypto Demand Stayed Despite Price Slump – WisdomTree

Demand for WisdomTree's crypto-backed funds has stayed “consistently strong” through the price slump this year, with professional money managers in Europe among the key players allocating to the space, this asset management firm and exchange-traded fund (ETF) provider has said.

06.05 / 16:13

Adoption NFT Sony Sony & Theta Set to Launch ‘3D NFTs’, Eye Tie-in with its Spatial Reality Display

Non-fungible tokens (NFT) are going 3D – and Sony wants to be the firm that takes them into a new dimension.

06.05 / 16:03

Blockchain Adoption Sony Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display

Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a monitor that lets people perceive things in 3D without using traditional 3D accessories.

06.05 / 11:09

cryptocurrency Stablecoin Adoption Coronavirus Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report

A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report by the Bank for International Settlements (BIS)

05.05 / 17:13

Blockchain Adoption NFT Payments Mixing reality with the Metaverse: Fashion icon Phillip Plein goes crypto

In an attempt to bring the fashion industry into new innovations and trends, many brands are entering the cryptoverse to test out the waters. Fortunately, the crypto industry has its arms wide open, ready to accept the fashion world and grow.

05.05 / 16:41

Ethereum Adoption Bitcoin Number goes up: A third of Brits have bought crypto, says Coinbase report

Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency according to a Coinbase research piece carried out by Qualtrics.

05.05 / 14:05

business Blockchain Adoption Bitcoin Bitcoin celebrates halfway to the halving with new hash rate record

Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving.

05.05 / 12:21

business Blockchain Adoption Real Estate Power Chainlink set to power Latin American real estate platform

The tokenization of global property markets has been an ambitious goal of the blockchain space and decentralized finance (DeFi) could offer a novel solution for the sector to pick up pace.

05.05 / 10:13

Blockchain Adoption Interest rates Swyftx Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Swyftx exchange will begin offering interest-bearing yields on a wide range of cryptocurrency assets — the first Australian-operated crypto exchange to do so.

05.05 / 08:29

Adoption Payments Sandbox Gucci the latest luxury brand to accept crypto payments in store

The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of its United States stores, with plans to extend the service to all of its 111 stores in North America.

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