Adoption Financial News
11.01 / 15:33
CBDC
Adoption
Central Bank
Winter Olympics
International
Digital Yuan Ready for International Olympic Showcase at Beijing 2022 Games
China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.
11.01 / 15:11
Adoption
Africa
Bitcoin
Morocco is number one for Bitcoin trading in North Africa
Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency.
11.01 / 15:11
Blockchain
Adoption
Bitcoin
Block job postings reveal Jack Dorsey's Bitcoin plans
In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make a hardware wallet for the next 100 million Bitcoin (BTC) users.
11.01 / 12:19
Blockchain
Adoption
Banks
Backed
Financial
Axis Bank issues financial contract on state-backed blockchain platform
Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE).
11.01 / 04:21
CBDC
Adoption
Central Bank
Winter Olympics
Chinese App Marketplaces Report Massive Growth in Digital Yuan Wallet Downloads
China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow the central People’s Bank of China (PBoC) to showcase its coin to the world.
11.01 / 01:29
Blockchain
Adoption
Sport
Bitcoin
3x NBA champion Andre Iguodala becomes the latest athlete to receive salary in crypto
On Monday afternoon, Andre Iguodala, three-time NBA champion and the professional basketball player for the Golden State Warriors, announced via Twitter that he would be taking a portion of his estimated $2.647 million annual salary in Bitcoin (BTC). In addition, Iguodala added that he will give out $1 million worth in BTC to fans to increase the digital currency's adoption. Payments were said to be facilitated by Block's (formerly Square) Cash App.
10.01 / 22:09
Adoption
Binance
ATM
Bitcoin
Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’
Uruguay’s first crypto ATM may have taken a long time to arrive – but it has proven an instant hit, with reports claiming that the machine handled over 1,000 crypto transactions within the first hours of opening to customers late last week.
10.01 / 19:09
Adoption
Amazon
Investments
Bitcoin
Net Worth
Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022.
10.01 / 16:41
Law
Adoption
bills
Bitcoin
lawmaker
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse
Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan.
10.01 / 16:41
Stablecoin
Adoption
App Store
CBDC wallet tops mobile app store charts in China
The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week.
10.01 / 14:15
Adoption
Altcoins
Investing
Bitcoin
Legendary Investor Bill Miller Injects 50% Of Personal Funds Into Bitcoin, Altcoins
Famous value investor Bill Miller has disclosed he invested 50% of his personal funds into bitcoin (BTC) and several other cryptoassets, leveraging his crypto investments.
10.01 / 13:56
Blockchain
Stablecoin
Adoption
Central bank of Bahrain trials JPMorgan blockchain and token
Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency.
10.01 / 13:47
10.01 / 13:19
business
Adoption
Trading
German neobank N26 to launch crypto trading later this year
German neobank N26, one of the biggest European fintechs with over $9 billion in valuation, is finally ready to tackle crypto and equities trading after striving for a global expansion.
10.01 / 06:59
Adoption
Disney
virtual reality
augmented reality
park
Disney patents technology for a theme park Metaverse
Disney has been approved for a patent that would create personalized interactive attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR) attractions at Disney theme parks.
08.01 / 18:15
Adoption
Congress
ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021
From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared goals, as well as enabling them to pool resources while remaining insulated from outside control. 2021 saw a number of cases that could serve as evidence of this emancipatory power of digital assets.
08.01 / 08:27
business
Blockchain
Adoption
Ava Labs
services
Ava Labs and EV maker Togg to build smart contract-based mobility services
Turkey’s electronic vehicle (EV) manufacturer Togg has announced a strategic partnership with Ava Labs to design and build smart contract-based services aimed at improving autonomous mobility.
08.01 / 04:09
cryptocurrency
Adoption
banking
Major South Korean Securities Firms, Investors Warming to Crypto
South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.
08.01 / 02:47
markets
Stablecoin
Adoption
regulation
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors
Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole.
08.01 / 00:37
Blockchain
Technology
Ethereum
Adoption
Cross-Chain
Vitalik Buterin gives thumbs down to cross-chain applications
In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides a certain degree of immunity against 51% attacks. Even if hackers manage to censor or reverse transactions, they cannot propose blocks to take away one's crypto.
08.01 / 00:15
markets
Ethereum
Adoption
privacy
Cosmos ecosystem tokens rally after Evmos promises Ethereum interoperability
The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted.
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