Adoption Financial News

11.03 / 17:07

Adoption Investments Survey Bitcoin Self-made wealth more likely to flow into crypto than inherited: Report

Self-made wealthy individuals worldwide appear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those who hold more of inherited wealth, a new survey suggests.

11.03 / 16:05

Blockchain Adoption defi DEX Celo foundation proposes to deploy Uniswap V3 on its native blockchain

A new community proposal was introduced in the Uniswap governance forum to deploy the protocol on the Celo blockchain, which is a mobile-first, carbon-negative and Ethereum Virtual Machine-compatible network.

11.03 / 13:45

Adoption defi Stripe Bitcoin Support Stripe’s Support for Crypto is Back, NFT Support Launched As Well

Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.

11.03 / 12:11

cryptocurrency Adoption NFT EBAY eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'

The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made note of coming “fractionalization”, which may suggest non-fungible tokens (NFTs), but it makes no mention of them.

11.03 / 08:49

Adoption regulation Investments us government US Labor Dept warns of crypto risks in retirement plans

The US Department of Labor (DOL) has told 401(k) investors to "exercise extreme care" when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as “significant risks”.

11.03 / 07:53

Government Blockchain Adoption Jamaican central bank to airdrop Jam-Dex CBDC to early adopters

The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex, will be given a free $16 payment in the hopes of promoting widespread adoption.

10.03 / 20:09

Adoption Report Research Cointelegraph Research report analyzes GameFi’s bumper 2021 and trends for 2022

This March, Cointelegraph Research will release a 30-page report about GameFi — the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the economics of GameFi and the future development of an industry responsible for more than 55% of all crypto transactions in the last quarter of 2021.

10.03 / 19:03

cryptocurrency Adoption goldman sachs Goldman Sachs Leaves Russia, Reportedly Set to Increase Crypto Focus

Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine started.

10.03 / 18:29

Adoption Web3 Bitcoin Okcoin launches $165M collective investment to push Bitcoin adoption

Cryptocurrency exchange Okcoin, along with the Stacks Accelerator and Stacks Foundation, announced on Thursday the start of the “Bitcoin Odyssey,” a one-year commitment among investment firms to invest $165 million in inventive solutions to help drive Bitcoin (BTC) adoption.

10.03 / 17:53

business Blockchain Adoption coinbase information FTX joins other crypto goliaths to promote autonomy over sensitive information

Centre, an open-source technology project developed by Coinbase and Circle, has onboarded crypto exchange FTX and Alkemi Network as its latest partners to collaborate on Verite. Verite is a set of shared decentralized identity protocols — developed by Centre — to empower crypto-centric individuals and businesses by granting total control of personal information.

10.03 / 17:53

Blockchain Adoption Environment DLT HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee

The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund, SIF, conceived to foster the development of climate-conscious solutions within the Hedera ecosystem.

10.03 / 10:25

Adoption regulation Bitcoin surges Crypto-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60%

Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president.

10.03 / 08:53

Government Blockchain Adoption white house Executive executive order Crypto-related stocks jump in positive reaction to executive order

The stock prices of crypto-related companies have jumped as the broader market reacted positively to President Joe Biden’s long-awaited executive order requiring US federal agencies to create a regulatory framework for digital assets, as well as exploring a future digital dollar.

10.03 / 05:43

Adoption Binance Forbes Binance unveils plans for world domination by buying up companies in every sector

Binance is looking to diversify its business interests by acquiring company’s outside the scope of cryptocurrency, according to a report from the Financial Times.

10.03 / 01:01

business Blockchain Adoption Metaverse Future open The future of work: Companies open offices in the metaverse

There’s been a sharp decline in interest for the “metaverse” keyword in Google search. However, while the hype may be waning, it seems that companies are still very keen on dipping their toes into the virtual world.

10.03 / 00:09

Adoption NFT Media Ukraine Outlets Offer Exclusive Content Behind an NFT Paywall

Three Ukrainian news outlets have partnered with Vault, a non-fungible token (NFT) platform, to offer exclusive content from within the country but behind an NFT paywall, requiring those interested to buy an "NFT key" in order to gain access.

10.03 / 00:09

markets Adoption privacy Monero network Monero, Kyber Network and Tornado Cash break out as traders pile into privacy protocols

Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future.

09.03 / 16:49

business Blockchain Adoption Dubai Lockdown to metaverse: Pandemic leads crypto entrepreneur to new business headquarters

Life gave crypto businessman Ilman Shazhaev lemons when he got stuck in Dubai in the wake of the COVID-19 lockdowns. However, like the old adage, he “made lemonades” by recognizing the opportunities in the country.

09.03 / 15:25

business Adoption Gaming Cake DeFi Cake DeFi launches $100M venture arm for Web3, gaming and fintech initiatives

Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives.

09.03 / 13:19

Blockchain Adoption Funding avalanche Ava Labs Avalanche aims to accelerate subnet adoption with multiverse incentive program

Blockchain network Avalanche announced the launch of Avalanche Multiverse, an incentive program that will accelerate the adoption of subnets that are app-specific blockchain ecosystems.

09.03 / 07:57

Adoption regulation education Financial Treasury to launch financial education initiative around crypto investments

The United States Treasury Department is launching a new initiative to raise awareness of the risks involved in investing in digital assets.

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