Adoption Financial News

16.02 / 14:22

business Adoption Sport partnership Red Bull Racing scores $150M sponsorship with Bybit

Following Red Bull Racing's most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According to the announcement, the fee will be paid in a combination of fiat and BitDAO (BIT) tokens.

16.02 / 13:15

Adoption regulation us government Federal Reserve Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads

The Super Bowl advertisements by crypto companies including Coinbase, FTX, and several others ruled the social media and news headlines for their out-of-the-box approach. However, The United States Senate Banking Committee chief Sherrod Brown was not impressed and blasted the ad-makers for not including appropriate warnings and risks involved.

16.02 / 13:15

Adoption Sport Central Bank Winter Olympics Here’s how much digital yuan used at Olympics, according to PBoC

The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s Bank of China.

16.02 / 12:57

Adoption NFT Entertainment Disney Launches Specialized Metaverse Team to Explore ‘New Storytelling Frontier’

Disney has created a specialized unit of senior employees and executives to oversee its move into the metaverse.

16.02 / 12:57

Adoption NFT wallet NYSE NYSE 'Coming to Metaverse', Files NFT-Related Trademark Application

The New York Stock Exchange (NYSE), the world’s largest stock exchange, has filed a trademark application with the United States Patent and Trademark Office (USPTO) to register the term “NYSE” for an array of metaverse- and non-fungible token (NFT)-related products.

16.02 / 12:03

Blockchain Adoption Report Bitcoin FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi

The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies.

16.02 / 11:03

business Adoption Bitcoin Aussie trading platform SelfWealth to offer crypto trading to its 325K users

Publicly-listed company SelfWealth (ASX: SWF) has reportedly become the first Australian online share trading platform to offer cryptocurrency investing after announcing a deal with the local crypto exchange BTC Markets.

16.02 / 01:09

Blockchain Adoption copyrights Copyright CryptoPunks community reacts to the ongoing copyright battle between v1 and v2

During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks' buyers to withdraw their Ether (ETH) post-purchase. As a result, creator Larva Labs withdrew recognition of the v1 collection, fixed the exploit and released the v2 Punks collection we have now. Though, they've also sent mixed messages about the collection by selling off dozens of their own V1 Punks.

16.02 / 00:11

cryptocurrency Adoption Sport Football crypto transfers Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches

The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.

15.02 / 22:51

business Adoption Scams Customer OpenSea customer service migrating from Discord to Metalink to more adequately protect its community

On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no longer offer customer support over Discord DMs. Metalink is a collaboration app for NFT communities that offers users a place to view their collection's value and monitor its associated real-time transaction feed. In addition, channels hosted on Metalink are token-gated, meaning that proof of ownership of an NFT or social token is required to access the content.

15.02 / 22:25

Ethereum Adoption ETF Bitcoin bitcoin etfs Bitcoin ETFs Remain Popular Among Investors Despite Price Slump

Exchange-traded funds (ETFs) backed by bitcoin (BTC) futures contracts traded in the US largely retained their trading volumes last week, despite a slump in the bitcoin price over the course of January.

15.02 / 20:19

Blockchain Technology Ethereum Adoption What are the top metaverse projects besides The Sandbox and Decentraland? | Watch The Market Report live

This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive 3D world via nonfungible tokens (NFTs) and is also based on the massively popular Unreal Engine 5.

15.02 / 17:23

Blockchain Adoption MasterCard Mastercard expands consulting with crypto-dedicated practices

Continuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto.

15.02 / 17:23

Blockchain Adoption Winter Olympics Bitcoin controversy Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy

The 2022 Winter Olympics, officially called the XXIV Olympic Winter Games, kicked off on Feb. 4 in Beijing with crypto being a major part of the event, partly because of the Chinese government’s digital currency ambitions.

15.02 / 15:35

Adoption Sport Entertainment Bitcoin Canadian Rapper Drake Nets USD 300,000 From His Bitcoin Bet on the Super Bowl

Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.

15.02 / 13:03

cryptocurrency Adoption Bitcoin Canada Joins Lebanon and Turkey in 'Bitcoin's Marketing Team'

The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues.

15.02 / 06:49

Adoption regulation Bitcoin Canada invokes ‘Emergencies Act’ targeting crowdfunding and crypto

Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transactions,” including crypto.

15.02 / 06:49

Blockchain Adoption Chingari integrates native token to advance Web3 social networking

Indian social networking platform Chingari has announced ambitions to revolutionize the experience of its 100 million-user creator economy through the integration of native digital asset, $GARI, and accompanying cryptocurrency wallet via the Solana blockchain.

15.02 / 01:43

markets Adoption defi Launch rebrand Gnosis (GNO) continues uptrend after vCOW airdrop and rebrand to CoW Protocol

Airdrops, going 'multi-chain' and massive multi-million dollar developer incentives were some of the key marketing and rebrand tactics blockchain projects used in 2021. This trend appears set to continue in 2022 and Gnosis (GNO) appears to be jumping on the bandwagon.

15.02 / 01:19

business Blockchain Technology Adoption crypto donations Charities Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block

Charities and donations have been a trending topic in the cryptocurrency realm as of late. And it's not simply an act of giving. In countries such as the United States, the country's revenue authority provides generous tax deductions for those who donate their crypto to registered charities. One company, The Giving Block, provides such crypto-fundraising onboarding solutions to more than 1,000 nonprofits.

14.02 / 23:37

Blockchain Technology Adoption Report: 74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021

According to a new report published by blockchain analytics firm Chainalysis on Monday, approximately 74%, or over $400 million USD, of ransomware revenue last year were funneled into high-risk wallet addresses that are likely to be based in Russia. The report analyzed ransomware hacks throughout 2021 and determined their affiliation to Russia through three key charactersitics:

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