Adoption Financial News

16.12 / 17:25

Ethereum Adoption Bitcoin IMF chief economist calls for global policy on cryptocurrency

Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.

16.12 / 16:20

Adoption regulation Tether Asia Tether lauds Myanmar shadow government for making USDT an official currency

Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.

15.12 / 21:15

Blockchain Technology Ethereum Adoption Multichain Gravity Bridge brings Ethereum to the multichain

On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between Ethereum (ETH) and Cosmos blockchains.

15.12 / 19:33

markets Adoption Charity Donations Crypto Santa: Trader nets $34K shorting AVAX and LUNA, buy toys for kids

A popular cryptocurrency trader under the Twitter pseudonym "Sicarious" donated a portion of its crypto profits to buy Christmas presents and other utilities for underprivileged children.

15.12 / 16:59

business Blockchain Technology Adoption Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps

On Wednesday, crypto-fiat gateway payments provider Ramp announced it had raised a $52.7 million Series A funding round led by Balderton Capital, NFX, Galaxy Digital, Seedcamp, Firstminute Capital, and angel investors. Ramp allows its partner brands to offer crypto-enabled services, claiming that it takes mere hours for developers to integrate their decentralized applications, or dApps, with its software.

15.12 / 16:41

Adoption Kraken Bitcoin Kraken CEO reverses $100K BTC 2021 forecast: Crypto winter now possible

As Bitcoin (BTC) continues to trade sideways around $48,000, Kraken CEO Jesse Powell is not counting out a potential crash on cryptocurrency markets in the short term.

15.12 / 14:43

Adoption SEC Bitcoin Insurance Company Lemonade Bets On Bitcoin To Diversify Assets

In another example of a business that seeks to diversify its portfolio with crypto assets, US insurance company Lemonade has purchased bitcoin (BTC) for its balance sheet, as indicated by a recent regulatory filing.

15.12 / 11:16

business Adoption Bitcoin Holdings SBI Holdings invests in Singapore crypto exchange Coinhako

Tokyo-based financial services giant SBI Holdings announced a joint investment in Coinhako, Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS).

15.12 / 11:10

business Blockchain Technology Adoption Seba Bank SEBA Bank launches regulated gold token to enable digital ownership of physical gold

On Dec. 15, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claimed that due to its regulatory-compliant nature and the low volatility of gold prices, the gold token could eventually be used as a stablecoin for on-chain transactions.

15.12 / 01:36

business Blockchain Adoption Investments Cove Markets to join Robinhood Crypto in latest acquisition

Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase Pro, Kraken, Bitfinex, etc., using Cove Markets to trade over 50 major currencies and altcoins.

14.12 / 19:21

business Blockchain Adoption Bitcoin valuation NYDIG raises $1B in funding, valuation now $7B

On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7 billion.

14.12 / 17:41

business Blockchain Adoption identity IEEE Blockchain Identity of Things standardization working group kicks off

Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization.

14.12 / 14:45

cryptocurrency Adoption Robinhood Robinhood is Working On Crypto Gift Transfers - Report

With the holiday season approaching, US online trading platform Robinhood is reportedly working on a new feature that will allow its customers to send cryptocurrency to other users as a gift.

14.12 / 14:37

Blockchain Adoption Metaverse Sandbox The Sandbox co-founder wants to defend Metaverse against Big Tech

The Sandbox co-founder Sebastien Borget wants to defend the Metaverse from the Big Tech giants aiming to make a foray into the nascent market.

14.12 / 14:24

business Adoption Europe Bitcoin German savings banks want to enable Bitcoin for 50M clients: Report

German savings banks are reportedly planning to allow customers to invest in major digital currencies like Bitcoin (BTC) and Ether (ETH) directly from checking accounts.

14.12 / 12:31

Adoption Media Bitcoin elon Dogecoin is better than Bitcoin for payments, Elon Musk declares

Tesla CEO Elon Musk believes that Bitcoin (BTC) is not that good for everyday payments as the meme-based cryptocurrency, Dogecoin (DOGE).

14.12 / 12:30

Adoption NFT Sport Non-fungible tokens Collectibles Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired

Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse.

14.12 / 11:09

business Blockchain Adoption Sport Just did it: Nike enters the metaverse game following RTFKT acquisition

Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon.

13.12 / 18:38

Stablecoin Adoption Myanmar Myanmar’s Exiled Government Embraces Tether To Combat Military Regime

Myanmar’s shadow government has recognized tether (USDT) as its official currency - with plans to use the stablecoin to collect funds for a campaign against the country’s military junta.

13.12 / 17:15

business Adoption Decentralization Job Recruiters say crypto firms seeking leadership in engineering, legal and finance

The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to scale their businesses.

12.12 / 21:31

business Adoption Investments Matt Zhang on a mission to reinvent crypto for institutional investors

Institutional interest in cryptocurrencies is increasing as the space continues to mature. A survey released on Dec.

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