Adoption Financial News
20.12 / 17:49
Adoption
Investments
Research
Bitcoin
0.01% of Bitcoin holders control 27% of all circulating coins: Study
Less than 1% of the biggest Bitcoin (BTC) hodlers are allegedly controlling more than a quarter of all BTC in circulation, according to a new study.
20.12 / 15:15
Adoption
Binance
Dubai
Bitcoin
Centre
Dubai World Trade Centre to create new crypto hub and become regulator
The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation.
20.12 / 11:43
Blockchain
Adoption
regulation
Indian
Indian state government to accredit Web2 and Web3 blockchain startups
The state government of Telangana announced the launch of the India Blockchain Accelerator program to foster early-stage Web2 and Web3 startups and blockchain developers aimed at solving real-world challenges. The program will be launched in partnership with unicorn crypto exchange CoinSwitch Kuber and Lumos Labs, a technology innovation management firm.
19.12 / 23:17
Ethereum
Adoption
Bitcoin
Celebrities that rode the crypto wave in 2021
Overshadowing its glory in previous years, the crypto ecosystem managed to maintain a year-long spotlight throughout 2021. Key catalysts include mainstream adoption of Bitcoin (BTC), a meme coin frenzy driven by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from popular celebrities and authority figures.
19.12 / 19:57
Blockchain
Adoption
Artists
Mainstream
The NFT world is gradually bridging the gap between niche and mainstream
It is no secret that nonfungible tokens (NFTs) are still a niche subject. Despite their rapid surge in popularity during 2021, there is still a significant percentage of people who do not know what an NFT is. Reflecting on the graph below, it is evident that a lot of work needs to be done for NFTs to truly hit the mainstream.
19.12 / 14:19
business
Ethereum
Adoption
Bitcoin
The battle of banks vs. DeFi is a win for individual crypto investors
The state of banking and finance today presents a complex labyrinth that even seasoned bankers struggle to navigate. Despite appearances, there is a method to this madness.
19.12 / 13:39
business
Blockchain
Adoption
defi
Polkadot envisions Web3 disruption with multiple parachain launches
Open-source blockchain platform Polkadot announced the launch of its first parachains (or parallelized chain) aimed at improving the interoperability between multiple blockchains.
18.12 / 20:19
Law
Adoption
regulation
corruption
Cure for the itch: Deputizing blockchain to fight public corruption
Puerto Rico recently announced that it may be looking for a blockchain solution to fight government corruption, particularly after a Puerto Rican mayor pleaded guilty to accepting a cash bribe of more than $100,000.
18.12 / 16:33
Blockchain
Adoption
defi
Investments
2021: The dawn of democratized launchpads
Those that were around in 2017 likely remember the initial coin offering (ICO) craze, which saw swathes of new projects emerge — many of which generated staggering returns for participants in a matter of weeks or months.
18.12 / 00:55
markets
Ethereum
Adoption
Tezos
Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022
Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies.
17.12 / 22:23
Technology
Adoption
Cardano
Crowdfunding
Genius Yield raises $118M via ISPO in first 48 hours
On Dec. 15, Genius Yield, a decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, announced the launch of its initial stake pool offering, or ISPO. The fundraising will continue for six months until June 15, 2022. At the time of publication, more than 95.8 million ADA, worth approximately $118 million at the time of writing, have been delegated to the stake pools.
17.12 / 21:33
Blockchain
Adoption
education
Gaming
Blockchain Gaming Adoption Jumps, But Regulation & Education Obstacles Are High - Survey
While fund flows and user adoption figures continue to skyrocket in the blockchain gaming industry, some of the main challenges that hamper the sector’s further growth include regulatory uncertainty, need for user-oriented education initiatives, and technology limitations, among others, according to a recent report released by the Blockchain Game Alliance (BGA).
17.12 / 15:53
business
Blockchain
Adoption
NFT
Bitwise
index
Bitwise launches NFT index fund for accredited investors
In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new index fund on Dec. 16.
17.12 / 15:35
Adoption
Survey
Bitcoin
New survey reveals 83% of millennial millionaires now own crypto
2021 has proven to be the year of crypto adoption where institutional crypto investments and millennials turning millionaires were familiar headlines.
17.12 / 13:43
Adoption
Apple
Auction
Wikipedia
First Wikipedia edit NFT sells at Christie’s for $750K
After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s.
17.12 / 13:09
Ethereum
Adoption
Survey
Bitcoin
Half of Surveyed Millennial Millionaires Set to Buy Even More Bitcoin, Ethereum in 2022
The majority of millennial millionaires hold the bulk of their assets in cryptocurrencies, and they say they aim to purchase more crypto next year in spite of the recent price drops, according to a survey carried out by the US broadcaster CNBC.
17.12 / 12:03
business
Adoption
Wall Street
Financial
Wall Street financial advisor LionTree explores crypto payments
Wall Street financial advisor that helped Amazon acquire MGM studios this year is exploring crypto payment options.
17.12 / 01:17
business
Blockchain
Adoption
IBM
HSBC and IBM create successful multi-ledger CBDC demo
On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. IBM's Hyperledger Fabric and enterprise technology provider R3's Corda served as the basis of the distributed ledger facilitating the transactions.
16.12 / 23:36
Adoption
SEC
Bitcoin
Sec Chair
‘I'm a huge believer in crypto technology,’ says former US SEC chair
Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by ex-President Donald Trump to serve in 2017.
16.12 / 23:26
Law
Adoption
Bitcoin
Russia to decide between blanket crypto ban and legalizing exchanges in 2022
On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks to financial stability and the exploding volume of transactions.
16.12 / 22:01
business
Blockchain
Technology
Adoption
innovations
Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury
On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management, and its partner Mirana ventures announced the creation of EduDAO with eight of the world's top universities including University of California Berkeley, MIT, Harvard and Oxford University.
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