Adoption Financial News

11.02 / 19:23

business Blockchain Adoption saga place Crypto secures a place in the African American saga

February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community.

11.02 / 18:23

Facebook Blockchain Adoption Microsoft Browser-based metaverse Portals aims to remove the need to get a VR headset

Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment.

11.02 / 17:35

Adoption us government MIT MIT, Boston Fed give digital dollar CBDC a modest test run

The world recently got a sneak peek at what a digital dollar, or at least one component of a hypothetical United States central bank digital currency (CBDC), might look like, courtesy of Project Hamilton, a collaborative effort of the Federal Reserve Bank of Boston and the MIT Digital Currency Initiative. The results of the project’s first phase were originally expected last summer but were released on Feb. 3. The project, announced in 2020, is named in honor of Alexander Hamilton, the first U.S. Treasury secretary, and Margaret Hamilton, an MIT staffer who contributed to NASA’s Apollo program.

11.02 / 16:29

Blockchain Adoption Gaming YouTube Features YouTube Eyes Metaverse, Blockchain, NFT Features As Creator Program Hits 2M Users

In 2022, YouTube aims to roll out a number of new functionalities, tools, and products for the company’s creators, viewers, and partners -- and per Neal Mohan, Chief Product Officer at the platform, some of the features will also be related to the metaverse, blockchain, and non-fungible tokens (NFTs), while looking at how these can be used to ensure more engagement from the platform's users.

11.02 / 16:19

business Adoption Interstellar Enigma diamond sold for $4.5M in crypto

A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby's auction.

11.02 / 14:29

Adoption Sport Betting Bitcoin Drake bets $1.3M in Bitcoin on Bengals vs Rams Super Bowl match

Drake spends his time betting more than a million in Bitcoin (BTC) on Super Bowl matches when he's not running through the six with his woes.

11.02 / 12:33

Adoption economics Bitcoin Lira Turkey (Unintentionally) Builds Case for Bitcoin as It Plans to Convert Citizens' Gold to Lira

The Turkish government is working on plans to get its citizens to hand in ‘under the mattress’ gold in its latest scheme to prop up the value of its national currency, the lira. But according to some, the country would have been much better off had it just embraced bitcoin (BTC).

11.02 / 11:51

business Adoption regulation Bitcoin Bitcoin Miner Sustainable Bitcoin miner uses waste heat to dry wood

Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus.

11.02 / 08:23

Blockchain Adoption Europe European Union digital euro EU finance chief says digital euro bill coming in early 2023

The European Commission has announced that a bill for a digital euro will be proposed in 2023.

11.02 / 08:23

business Adoption regulation NOT China's Metaverse plans: Decentralization not required

Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.

10.02 / 22:17

business Adoption Bitcoin Top Latin American exchange Bitso officially expands to Colombia

Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia.

10.02 / 19:17

Adoption NFT interview Marketplace ‘The vision is to create the largest library of world-class IP,’ says Ethernity CEO

Ethernity Chain (ERN) is an authenticated and licensed NFT marketplace in the business of acquiring intellectual property, or IP, from big-name brands in sports, history, music and entertainment. Among these notable figures is Shaquille O'Neal, Lionel Messi and brands like DeLorean and Toys R Us. Cointelegraph spoke to Nick Rose, Ethernity Founder and CEO, about the launch of the company's newest arm, Ethernal Labs, and its goals to become a comprehensive NFT ecosystem studio.

10.02 / 17:43

business Facebook Blockchain Adoption Crypto patent-sharing marks a step in democratizing knowledge ownership

One of the hallmarks of the crypto industry since its inception has been its commitment to open source development as well as its transparency-centric ethos. This is best made evident by the fact that many prominent projects operating within the digital asset sector and decentralized finance (DeFi) arena today have essentially been derived from other prominent projects such as Bitcoin Cash, SushiSwap and many others.

10.02 / 15:33

Adoption Bitcoin crypto donations Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations

An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”

10.02 / 14:53

business Adoption Investments PwC Meet the top 5 busiest crypto funders of 2021, according to PwC

Merger and acquisition deals in the cryptocurrency industry, simply known as M&As, have massively increased in 2021, with associated value jumping nearly 5,000%, according to PwC, one the largest accounting firms in the United States.

10.02 / 13:55

cryptocurrency Adoption Samsung Smartphone Samsung Unveils New Digital Wallet with ‘Crypto’ and Digital Documentation Capabilities

The electronics giant Samsung’s latest flagship smartphone will have a new wallet function that will allow users to store digital documents – and, reportedly, crypto.

10.02 / 12:57

Adoption NFT Non-fungible tokens Metaverse McDonald’s Metaverse Moves: 11 Trademark Applications for 'Virtual Restaurant' & Virtual Goods

American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and events.

10.02 / 12:49

Government Adoption Bitcoin Fitch lowers El Salvador’s rating due to Bitcoin adoption

El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC).

10.02 / 01:41

markets Blockchain Adoption defi Cross-Chain Alchemy Pay gains 77% after exchange listings and cross-chain integrations

The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating blockchain technology to peer-to-peer, business to business and business to consumer payment systems.

10.02 / 00:49

business Blockchain Technology Adoption The team behind the world's first hardware wallet says it's still thriving after 8 years

Like all things, Trezor, a household name in the crypto community with over 1 million units sold, came from humble beginnings. The idea all started out in 2011 after a Bitcoin (BTC) conference in Prague, Czechia — which, by the way, was just voted the most beautiful city in the world in a Time Out magazine survey. Two crypto enthusiasts, Pavol "Stick" Rusnák and Marek "Slush" Palatinus, envisioned a small, single-purpose computer that would securely store users' Bitcoin private keys.

09.02 / 23:21

Ethereum Adoption ETF Bitcoin crypto futures TMX Group Canada to unveil crypto futures product later this year

In response to institutional investors' concerns about the risks of trading in a new asset class, TMX Group, Canada's major stock market operator, has revealed plans to launch its first-ever crypto futures product.

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