Adoption Financial News

04.12 / 10:13

Blockchain Adoption Bitcoin El Salvador stacks 150 Bitcoin after BTC price crashes below $50k

The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.

03.12 / 19:55

Adoption Investments Index Funds WisdomTree launches four cryptocurrency indices in US and Europe

On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp, and Gemini.

03.12 / 15:29

Adoption Investments Bitcoin Crypto community responds to Charlie Munger yelling at Bitcoin again

As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments.

03.12 / 13:34

Blockchain Adoption white house Congress Digital dollar needs broad consensus among authorities, says US Treasury Secretary

U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether the Federal Reserve should create a digital version of the dollar, but such a move would require broad consensus among Congress, the U.S. central bank and the White House.

03.12 / 01:41

business Facebook Adoption Women Meta Ceo Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base

Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto.

03.12 / 00:21

business Blockchain Technology Adoption First NFT-focused ETF lists on NYSE Arca

On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year.

02.12 / 19:41

Adoption MARKET Altcoins IOTA network IOTA Rises as New ‘Feeless’ Smart Contract Network & Airdrop Announced

The IOTA network’s MIOTA token stood out as one of the strongest performers in the crypto market today, after the team behind it announced a new smart contract network known as Assembly based on IOTA’s smart contracts framework.

02.12 / 19:13

business Blockchain Adoption Bitcoin Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund

On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available in the country and confirming earlier reports on the matter. The funds have the tickers FBTC and FBTC.U, denominated in Canadian and United States dollars, and are listed on the Toronto Stock Exchange.

02.12 / 19:05

Adoption Altcoins Gaming This Trend in Axie Infinity Raises ‘Sustainability Concerns’ Despite Strong Growth

Many new players of the popular play-to-earn game Axie Infinity (AXS) join not through the standard procedure of buying the Axies they need in order to play, but instead by borrowing them from existing users, helping “the rich get richer” within the game, a new research claims.

02.12 / 17:07

cryptocurrency Adoption Trading Bitcoin ‘Time Has Come to Embrace Crypto,’ Says South Korea Stock Exchange Chief

South Korea’s securities exchange operator, the Korea Exchange (KRX), is “studying” ways to “embrace cryptoassets,” its Chairman has stated.

02.12 / 14:27

Facebook Adoption NFT Non-fungible tokens Weekly Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales

The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels, and Somnium Space, are reporting robust land sales.

02.12 / 13:09

Blockchain Ethereum Adoption Bitcoin SIX Swiss Exchange Swiss Bitcoin Capital AG launches two crypto ETPs on SIX Swiss Exchange

Bitcoin Capital AG released two new exchange-traded products on the SIX Swiss Exchange: the FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB), which are actively managed by FICAS AG.

02.12 / 10:13

Adoption us government Banks Central Bank Lummis says Fed is 'violating the law' with Wyoming blockchain bank delays

Republican senator for Wyoming Cynthia Lummis has argued that the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to receive accounts at the central bank.

01.12 / 17:47

business Blockchain Technology Adoption Wear-to-earn NFTs target the billion-dollar fashion industry

The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real life.

01.12 / 16:59

business Adoption Europe Bitcoin Croatia’s largest supermarket chain now accepts crypto

Konzum, the largest supermarket chain in Croatia, is keeping up with the times by debuting payments in cryptocurrencies like Bitcoin (BTC).

01.12 / 15:57

business Adoption Bitcoin acquires Blockchain.com acquires SeSocio to cement presence in Latin America

Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina.

01.12 / 14:58

Dogecoin business Adoption retail Online electronics shop Newegg to accept Shiba Inu crypto during holidays

Major American electronics retailer Newegg continues diving is enabling payments in major cryptocurrency and mem, Shiba Inu (SHIB).

01.12 / 06:31

Adoption Survey Research True or false: 91% of surveys about Bitcoin and crypto are totally wrong

When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn't believe it for a second.

30.11 / 23:09

Blockchain Ethereum Adoption identity ENS DAO delegates offer perspective on DAO governance and decentralized identity

Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.

30.11 / 19:09

Adoption NFT Tokens Research AIM NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research

In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them?

30.11 / 18:03

Blockchain Adoption NFT Polygon 3D metaverse marketplace MetaMundo aims for 2022 launch with new funding

MetaMundo, a virtual nonfungible token (NFT) marketplace focused on the metaverse, has announced the completion of a seed funding round of $2.7 million.

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