Adoption Financial News

23.12 / 14:35

Blockchain Adoption Telegram TON Telegram-verified payments bot to accept Toncoin cryptocurrency

Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year.

23.12 / 13:51

Adoption Survey Bitcoin Retailers to drive crypto payments adoption: Survey

Crypto payments might be the innovation companies are looking for. A recent survey by payment network Mercuryo revealed that 57% of respondents believe accepting cryptocurrency payments would give companies a competitive edge. Among the other standout statistics, more than a third of businesses reported that customers had asked to pay in Bitcoin (BTC), Ether (ETH) or another digital currency.

23.12 / 13:13

Adoption NFT Non-fungible tokens Metaverse expansion Exec Wants Meta to Look to NFT, DAO and Blockchain Expansion Next Year – Report

The man who will become Meta’s chief technology officer in 2022 reportedly wants the firm (formerly known as Facebook) to “target a deep compatibility with the blockchain” – and has talked up the possibility of exploring decentralized autonomous organizations (DAOs) and non-fungible token (NFT)-related business avenues.

23.12 / 12:32

Law Adoption South America Bitcoin Paraguay moves a step closer to regulating digital currency

On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies, will now be sent to the Deputy Chamber for further deliberation.

23.12 / 11:51

business Adoption Sport AIM Crypto exchanges aim for home run at Super Bowl 2022

Crypto exchange platforms Crypto.com and FTX will run advertising commercials at the Super Bowl LVI 2022 on Feb. 13. Both exchanges have been working tirelessly to establish their brands and penetrate the United States market.

23.12 / 04:03

CBDC Adoption banking Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets

The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins.

22.12 / 21:30

Adoption Altcoin solana Scalability network Scalability or stability? Solana network outages show work still needed

Solana is a highly scalable decentralized blockchain developed with a unique method of ordering transactions that significantly improves its transaction throughput, to the point that it has consistently been processing over 2,500 transactions per second. It claims to be able to process 50,000 transactions per second.

22.12 / 19:11

Adoption NFT Report CryptoKitties Which NFT collection has been the most profitable?

When calculating the return of an NFT collection, most analysts calculate the average return. For example, the first CryptoKitties were sold in December 2017 for an average price of $3.24 each.

22.12 / 17:50

Ethereum Adoption Bitcoin Pakistanis have $20B in crypto assets, says head of local association

Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion.

22.12 / 17:09

Technology Adoption Polygon Opera Opera to integrate with Polygon, opening dApp ecosystem to 80M users

On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera's over 80 million users on the Android mobile, then to the rest on other devices and platforms. Polygon is a layer two Ethereum (ETH) scaling solution designed for lower gas fees and faster transaction times.

22.12 / 14:43

Adoption regulation Media Agency China’s state-run news agency to launch NFT collection

In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of NFT collectibles. The move is a thumbs up to blockchain technology previously shunned by the People’s Republic of China (PRC). In an official notice, Xinhua plans to publish 10,000 copies of 11 photos taken by journalists in 2021.

22.12 / 12:07

Government Adoption Bitcoin El Salvador buys 21 Bitcoin to celebrate December 21, 2021

The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with president Nayib Bukele announcing a new purchase of 21 BTC on Tu.

22.12 / 11:47

business Blockchain Adoption elon Elon Musk thinks Neuralink is better than Metaverse in long term

Tesla and SpaceX CEO Elon Musk showed no support for the Metaverse and Web 3 ecosystem as he dismissed the terms for being used as buzzwords and marketing tactics.

22.12 / 04:05

cryptocurrency Adoption Payments Crypto Pay on the Rise in South Korea as Commercial Giants Ink Partnership Deals

South Korean retail chains are embracing crypto- and blockchain-powered payment platforms – and so are their customers, according to new industry data.

21.12 / 21:49

Blockchain Twitter Adoption Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter

Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt to uncover his personal identity in court. Kusama immediately fired back, alleging that "it is illegal [for Ask The Doctor] to take people's money for a service it never provides."

21.12 / 20:21

Adoption Funding 'You don't own Web 3.0,' says Jack Dorsey, criticizing its centralized nature

In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced his criticism over the direction of Web 3.0 development. Elon Musk, the CEO of Tesla, joined Dorsey in the mockery. On an unrelated note, the same day, Dorsey replied, "Bitcoin will" when asked if crypto will replace the dollar.

21.12 / 17:45

Adoption NFT Non-fungible tokens Meta Instagram Mulls Integrating NFTs In Its Platform

In a bid to make non-fungible tokens (NFTs) more accessible to a broader user base, photo and video sharing social networking service Instagram is exploring ways to integrate such assets within its social media platform, according to senior company representatives.

21.12 / 17:17

Government Adoption us government The political Santas and Grinches of the crypto industry in 2021

2021 was a huge year for the crypto industry. A few years ago, our elected officials probably hadn’t even heard of crypto before, let alone had an opinion on it. However, this year it seemed like crypto was the hot topic on the block all around the globe.

21.12 / 15:05

Adoption Bitcoin Bitcoin Price FOMO will drive crypto adoption in 2022, says BlockFi co-founder

Flori Marquez, the co-founder of cryptocurrency custodian BlockFi, says that upwards price action, new talent and regulatory clarity combine to create a bubbling FOMO atmosphere for crypto adoption in 2022. In an interview with Yahoo on Dec. 19, Marquez also shared insights regarding industry growth in 2021.

21.12 / 15:05

Blockchain Adoption Gaming Metaverse Avocado Guild and TPG Telecom partnership lets players earn mobile data with tokens

TPG Telecom and the Avocado Guild, a blockchain gaming business focused on the play-to-earn (P2E) model, have teamed up to allow customers to exchange their AVO DAO tokens for mobile data credits. AVO DAO is the native digital currency of the Avocado Guild. It will be utilized to incentivize players for their time and effort in playing blockchain games.

21.12 / 00:49

Art Adoption From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs

Mongolia is a land of endless steppes, hosting mystic Tibetan Buddhist monasteries and fierce horse warriors blessed by the eternal Tengri, the sky god in folk shamanism. For centuries, the harsh, cold climate of the plains forced its people to venture to the world beyond in a series of journeys and conquests. And now, blockchain enthusiasts can hear their stories in the form of nonfungible tokens through the Mongol NFT platform.

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