Adoption Financial News

21.01 / 04:03

cryptocurrency Adoption Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions

A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets.

21.01 / 03:09

markets Blockchain Ethereum Adoption OpenDAO (SOS), LooksRare (LOOKS) and WTF token: 3 airdrops, with 1 scam

NFTs continue to surge with what looks to be no end in sight. Since January 14, 2022 OpenSea notched trading volumes over $1.03 billion, and its latest rival, LooksRare, has eclipsed the platform according to data from DappRadar.

21.01 / 00:58

Blockchain Ethereum Twitter Adoption Twitter Blue rolls out NFT profile pics for iOS

On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, can access the feature. According to a tutorial video, users can connect their wallet, including Coinbase Wallet, Rainbow, MetaMask, Trust Wallet, Argent, or Ledger Live, and set it as their profile pic, with the process taking a few seconds.

20.01 / 18:03

Facebook Adoption NFT Metaverse Profiles Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens.

20.01 / 17:37

Adoption Investment Andreessen Andreessen Horowitz Eyes USD 4.5B For New Crypto Funds

As another sign of venture capital money increasingly fueling the cryptosphere’s disruption of legacy finance, US venture capital firm Andreessen Horowitz (a16z) has unveiled plans to raise up to USD 4.5bn to launch new crypto-focused funds -- potentially more than doubling the amount it raised less than one year ago.

20.01 / 17:04

Blockchain Technology Adoption defi Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon

On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger investors. This puts Staber Labs at a valuation of $450 million.

20.01 / 17:04

Adoption Binance regulation restrictions ad Ad restrictions won’t impact crypto demand, Binance CEO says

Binance CEO Changpeng Zhao, also known as “CZ,” claimed that the growing restrictions on crypto advertisement won’t impact the demand.

20.01 / 17:04

Adoption Survey 61% of Americans may purchase crypto in 2022, new survey says

Interest in crypto continues to grow as Americans show their excitement in the future of digital assets. The first annual Crypto Confidence Survey published by publicly-traded cryptocurrency platform Voyager Digital examined Americans’ experiences with crypto and their perspectives on how crypto will perform in 2022.

20.01 / 17:04

business Adoption Bitcoin Canadian Bitcoin platform Shakepay raises $35M in Series A funding

It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED Investors values the company at $251 million.

20.01 / 17:04

business Adoption Investments Bitcoin MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter

Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.

20.01 / 13:48

business Adoption Bitcoin Backed Low El Salvador explores low-interest loans backed by Bitcoin

It’s full steam ahead for El Salvador’s Bitcoinization. The next point on the orange agenda is in providing low-interest loans backed by Bitcoin (BTC) to small and micro-businesses.

20.01 / 12:55

Adoption Investments Religion Indonesian Islamic organization issues new fatwa against crypto use

The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming it haram, or unlawful, for Muslims.

20.01 / 09:25

business Blockchain Adoption Union Bank Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations

On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of UnionBank as its latest client. Founded in 1982, UnionBank is one of the largest banks in the Philippines, with a collective $15 billion in assets under management. UnionBank will be also be deploying its digital asset management services on the IBM Cloud, which are fully integrated with Metaco's solutions.

20.01 / 05:31

CBDC Adoption Central Bank Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users

China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this month.

20.01 / 04:55

Adoption PayPal Google Google Pay hires PayPal exec to head up crypto payments push

Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space.

20.01 / 02:19

Blockchain Adoption Bitcoin MiamiCoin has now raised $24.7 million... but who will benefit?

Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend.

19.01 / 23:11

Adoption wallet Fashion Ledger Milan Fashion Meets Crypto in Fendi-Ledger Collaboration

In an unusual merger of cryptoverse high-tech and high-end fashion straight from the streets of Milan, the Italian luxury fashion house Fendi has teamed up with hardware wallet maker Ledger to showcase two tech accessories for the latter company’s flagship Ledger Nano X.

19.01 / 17:12

business Adoption Investments Bitcoin Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics

While key Bitcoin (BTC) metrics don’t paint a pretty picture, the bears could be running on fumes. Contrary to analysts warning that Bitcoin could dip to $38,000 “before an eventual breakout”, CoinShares and Arcane Research suggest that the tide could be turning.

19.01 / 14:29

Ethereum Adoption Metaverse Opera Opera Launches Web 3 Browser With Built-in Non-Custodial Wallet

The popular multi-platform web browser Opera has unveiled its “Crypto Browser Project” meant to offer users direct access to Web 3 services across multiple networks. The project's beta version is already available with a built-in non-custodial wallet for Windows, Mac, and Android users.

19.01 / 14:20

Adoption Survey Survey shows that 67% of Canadians want to get paid in crypto by 2027

Receiving payment in crypto is gathering interest in Canada. A recent Capterra survey of 1,000 Canadian respondents revealed that 67% of the participants are interested in being paid in crypto in the next five years.

19.01 / 14:00

Adoption Bitcoin Bitcoin Trading Volume 43% of Bitcoin trading volume during US market hours: Arcane Research

Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity.

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