Adoption Financial News

04.04 / 09:50

Adoption Aussie convenience store giant to accept crypto at 170 outlets

Convenience store and gas station giant On The Run (OTR) will soon accept crypto payments at its 170 outlets across South Australia and Victoria. The move will allow customers to pay for gas, snacks, and even a Subway foot long in over 30 cryptocurrencies.

04.04 / 07:11

Ethereum Adoption Cardano EOS Is Ethereum really the best blockchain to form a DAO?

The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications, but other chains may be better suited to handle the workload for decentralized autonomous organizations (DAOs).

04.04 / 00:05

business Blockchain Adoption Asia Celebrity tokens: Signs of rising crypto adoption in Indonesia

Cryptocurrency investments in Indonesia have seen considerable growth between 2020-2022, with 4% of the country’s population having invested in crypto.

03.04 / 14:11

Blockchain Adoption Science DLT NFTs, Web3 and the metaverse are changing the way scientists conduct research

Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.

03.04 / 08:29

Government Blockchain Adoption DAO regulation in Australia: Issues and solutions, Part 1

Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions.

03.04 / 05:15

Blockchain Technology Adoption Taxes Future Crypto assets for liquid democracy: The future of public finance

Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation by those who abhor the elitism of aristocracy and monarchy, who fear the single-mindedness of theocracy, and who see the impracticability of communism. More than ever before, governments represent fairer and more trustless social contracts. How do we merge the rule of law with “code is law,” and can we have both?

02.04 / 16:37

business Blockchain Adoption Record music streaming profits highlight how NFTs will empower content creators

The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for the emerging class of NFT musicians and highlight the demand for audio and video content.

02.04 / 05:27

Blockchain Technology Adoption defi What the media is missing about decentralized autonomous organizations

The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?”

01.04 / 23:37

markets Blockchain Ethereum Adoption network Astar (ASTR) price doubles as the network prepares to add 15 new projects in April

Following the successful completion of its initial parachain auctions, the Polkadot (DOT) ecosystem has begun to gain traction with the cryptocurrency community as the first chains begin to come online and integrate with Ethereum (ETH).

01.04 / 23:37

business Technology Adoption Bitcoin Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger

On Friday, Bitcoin (BTC) mining company PrimeBlock announced that it is merging with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. The deal places PrimeBlock at an enterprise value of $1.323 billion and is expected to close in the second half of the year.

01.04 / 21:45

business Adoption Bitcoin Riot Bitcoin Miner Bitcoin miner Riot Blockchain files prospectus for $500M stock sale

In a document filed with the United States Securities and Exchange Commission (SEC) on Thursday, Bitcoin (BTC) mining company Riot Blockchain announced that it would be selling up to $500 million worth of common stock to finance general corporate expenses, such as working capital, repayment of corporate obligations, capital expenditures and acquisitions, and investing in existing and future projects.

01.04 / 20:21

business Adoption community Bitcoin Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone

The 19th millionth Bitcoin (BTC) was mined today, a landmark occasion for the number one c. 19 million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140.

01.04 / 18:45

Blockchain Stablecoin Adoption National Crypto pundits gather online to discuss innovation and national security

The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura Shin moderated the discussion. CEO of the Crypto Council for Innovation Sheila Warren, executive director of Coin Center Jerry Brito, and global managing partner and chief strategy officer of risk compliance and monitoring firm K2 Integrity Juan Zarate were participants.

01.04 / 15:07

event Blockchain Adoption Binance The state of Web3: Community talks about opportunities around the world

Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities.

01.04 / 06:58

markets Adoption Loans Bitcoin Financial Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds

MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds.

01.04 / 05:07

Adoption Gold Yuan Bitcoin Reserve VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset.

01.04 / 03:31

cryptocurrency Adoption banking Financial Financial Heavyweight Woori to Launch B2B Crypto Wallet Management Platform

South Korea’s Woori Fund Service – a part of the financial business group that also comprises the commercial bank heavyweight Woori Bank – will team up with the domestic crypto exchange GDAC to unveil a business-to-business (B2B) crypto wallet management solution.

31.03 / 23:23

Blockchain Adoption Polygon Opera As Opera Challenges Brave Browser with Push Further into Crypto, How Do They Compare?

The web browser Opera is strengthening its push into crypto by adding browser wallet support for multiple new blockchain networks, including Bitcoin (BTC), Solana (SOL), Polygon (MATIC), and Ronin (RON). The move is another step for Opera in challenging the crypto-native Brave browser as the dominant browser for Web3 users.

31.03 / 22:43

business Adoption Bitcoin Support Bitcoin mining finds fresh support from Russian finance ministry

As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support to Bitcoin (BTC) mining.

31.03 / 21:51

Blockchain Stablecoin Adoption Usd Coin BNY reserves Circle selects BNY Mellon as custodian for USDC reserves

On Thursday, USD Coin (USDC) operator Circle announced that it had selected financial institution BNY Mellon as the custodian of its USDC reserves. Founded in 1784, BNY Mellon is one of the oldest banks in America and possesses over $46.7 trillion in assets under custody or administration worldwide. It serves as a single point of contact for clients looking to manage their investments. With the new partnership, BNY Mellon said it will also explore the possibility of using digital cash for settlement purposes. Roman Regelman, CEO of asset servicing and head of digital at BNY Mellon, gave the following remarks:

31.03 / 20:59

Blockchain Technology Adoption Drop Backed Billy Snoop Dogg and Billy Ray Cyrus to launch hit song backed by massive Animal Concerts NFT drop

Recording artists Snoop Dogg and Billy Ray Cyrus have teamed up to release a new smash single, “A Hard Working Man.” The hip hop-country mashup, produced by the legendary Avila Brothers, will debut on April 2 during Grammy weekend in Las Vegas.

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