Adoption Financial News

12.12 / 11:09

Facebook Blockchain Adoption NFT The Metaverse will bring unbridled evolution to NFTs

Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a gimmick. The metaverse will change that.

12.12 / 08:15

Blockchain Twitter Adoption Bitcoin Indian Indian prime minister Modi's hacked Twitter account attempts BTC scam

The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information about the mainstream adoption of Bitcoin (BTC) and redistribution of 500 BTC among the Indian citizens.

11.12 / 20:15

business Adoption Banks Books DeFi resolving the five flaws of traditional finance, book review

Writing a book on decentralized finance is a bit like describing a riddle, wrapped in a mystery inside an enigma, to borrow from Winston Churchill. First, one must summarize the origins of modern decentralized finance, then the mechanics of the blockchain technology that provides the sector’s backbone, and only then do you arrive at DeFi’s infrastructure. It all should be done in 191 pages, too, including glossary, notes and index. It is not an undertaking for the faint of heart.

11.12 / 17:59

business Blockchain Technology Adoption Metaverse opens the gateway for luxury NFTs to become a multi-billion market

The nonfungible token (NFT) market is hot right now, and the future forecasts that it will only be getting hotter. The creation of the Metaverse opens the gateway for NFT luxury brands to reach $56 billion by 2030.

11.12 / 10:17

Adoption Sport Football Fan token market cap surged over 60% since June: Data

The fan token market has been growing in value this year, surging around $157 million in terms of total market capitalization since June.

11.12 / 01:11

Art Adoption Sport Gaming Drop Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs

Cointelegraph has had a lot of NFT related news this week from pop culture to sports and gaming. Below is a roundup of stories you don't want to miss.

10.12 / 23:23

business Blockchain Technology Adoption Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX

On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.

10.12 / 13:25

CBDC Adoption regulation Ruble Russia prioritizes CBDC ruble as overall crypto outlook seems positive

After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, local cryptocurrency miners either dropped off the radar or moved to other countries in order to continue with their business.

10.12 / 12:43

Adoption Bitcoin Florida governor's budget proposal wants to let residents pay fees in crypto

Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC).

10.12 / 12:27

Adoption Mining Bitcoin Green Bitcoin 'Mecca of mining': Brazil considers zero tax on green bitcoin mining

A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources.

10.12 / 08:49

Adoption SPLC report examines use of Bitcoin and Monero by right wing extremists

The Southern Poverty Law Center (SPLC) has released a report examining the extensive ties between the far right and Bitcoin, many of whom built fortunes in the cryptocurrency.

10.12 / 01:19

Blockchain Stablecoin Adoption Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods

Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia who shared their positive experiences with Reserve.

10.12 / 00:09

Adoption Bitcoin Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say

Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases.

09.12 / 21:21

business Blockchain Ethereum Adoption SushiSwap CTO resigns citing internal structural chaos

Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement:

09.12 / 19:22

business Blockchain Technology Adoption Polygon to invest up to 250M MATIC into zero-knowledge tech

Ethereum scaling solution Polygon has announced it will dedicate a maximum of 250 million MATIC tokens ($627.5 million) to a deal with zero-knowledge cryptography startup Mir.

09.12 / 18:27

business Blockchain Stablecoin Adoption index Inflation benchmark Frax Price Index to launch on Partisia blockchain

On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI.

09.12 / 17:39

Stablecoin Adoption wallet WhatsApp Meta Tests Stablecoin Transfers via WhatsApp

The Novi digital wallet, created by the social media giant Meta (formerly Facebook), will allow its users to send and receive stablecoin via its popular messaging app, WhatsApp.

09.12 / 16:21

Government Adoption advertisement UK politicians say cryptocurrency is ‘not an investment’

Members of Parliament (MPs) in the United Kingdom have called upon the Financial Conduct Authority (FCA) to limit the use of the word “invest” and “investment” by cryptocurrency firms for promotional purposes.

09.12 / 15:29

Government Adoption Bitcoin Kazakhstan to decide whether to launch CBDC by late 2022

Kazakhstan, one of the world’s largest countries in terms of Bitcoin (BTC) mining hash power, is continuing to explore a potential central bank digital currency (CBDC).

09.12 / 14:09

Adoption NFT Trading coinbase Busy Day For Ledger as It Announces Crypto Debit Card, NFT, Coinbase, and FTX News

Major hardware maker Ledger said it aims to launch a crypto debit card, start supporting non-fungible tokens (NFTs), and announced partnerships with two major exchanges, Coinbase and FTX.

09.12 / 12:09

Adoption wallet coinbase Ledger Support Coinbase announces support for hardware wallets, starting with Ledger

Major exchange Coinbase has announced it will begin to supporting crypto hardware wallets, starting with Ledger. The two companies made the announcement at the Ledger Open conference, which is taking place in Paris on Dec 9 and 10.

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