Adoption Financial News

30.11 / 15:19

Adoption Central Bank Bitcoin CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia.

29.11 / 22:25

business Adoption Investments Bitcoin expansion 500 Galaxy Digital raises $500 million in convertible debt to fund business expansion

Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears an interest rate of 3% per annum, with maturity in 2026.

29.11 / 19:13

Blockchain Adoption Investments Bitcoin MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion

Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of $414.4 million in cash.

29.11 / 17:09

Blockchain Ethereum Adoption Bitcoin Bitcoin transaction fees are down by over 50% this year

According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of factors.

29.11 / 12:55

Adoption Real Estate Bitcoin Crypto is a hedge for 46% of Russian retail investors, survey states

Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey.

29.11 / 06:51

Adoption defi Coronavirus New Variant Variant Obscure Omicron token spikes 900% after new variant emerges

A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name.

28.11 / 22:09

business Blockchain Adoption Books Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review

Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries.

28.11 / 19:35

Blockchain Art Adoption NFT art will never be mass-market — NFT licenses may be

Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It was not just about the relatively hefty price tag of $150,000.

27.11 / 21:33

Blockchain Adoption Artists Online content streaming is dead. Long live the music NFTs

The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation and enabled musicians to share their creations with the world.

27.11 / 17:23

business Facebook Adoption NFT Threat Facebook’s centralized metaverse a threat to the decentralized ecosystem?

Facebook has been planning its foray into the metaverse for some time now — possibly even several years. But it’s only recently that its ambitious expansion plans have catapulted the concept into mainstream headlines across the globe.

27.11 / 16:55

Blockchain Ethereum Twitter Adoption MICRO NFTs as micro-social networks: The path to crypto adoption

Nonfungible tokens (NFTs) are evolving from a niche interest to a mainstream conversation. The variety of NFT art — from cuddly to edgy to menacing — is drawing in a new audience of enthusiasts. Beyond the art, NFTs are providing a glimpse into a new layer of social interaction.

27.11 / 10:57

Blockchain Ethereum Adoption fees Costs Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.

27.11 / 08:17

Blockchain Adoption Senate Mark Warner Senators Democratic senators oppose President Biden's OCC Omarova nomination

A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC).

26.11 / 20:13

Blockchain Technology Stablecoin Adoption Future Stablecoin issuers poised to be banks of the future on road to adoption

There is no denying the fact that the crypto market has grown from strength to strength over the course of 2021, as is best highlighted by the total capitalization of the industry recently hitting the $3-trillion mark, albeit for a relatively brief period of time.

26.11 / 20:04

Blockchain Ethereum Adoption Charity Moon Moon Landing initiative brings neurodiversity to NFTs and supports art non-profits

Nonfungible tokens, or NFTs, are certificates of ownership representing digital artwork, music, videos, audio, memorabilia, and more. They have rapidly gained in popularity over the past year for their ability to enable everyday artists to create and sell content. In fact, OpenSea, the world's biggest NFT marketplace, recently surpassed $1.6 billion in monthly trading volume alone.

26.11 / 19:09

Adoption Africa Bitcoin Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

26.11 / 18:19

Adoption Survey 26% of crypto investors in Japan tried out NFTs: Survey

At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey.

26.11 / 17:13

Blockchain Adoption German Government Next German Government Calls For Crypto Regulation, Blockchain Investments

Two months following the country’s general election, three German parties agreed on a program to be implemented by their forthcoming coalition government - and the produced document includes a call for stronger supervision of crypto assets by the European Union’s institutions.

26.11 / 14:55

Stablecoin Adoption Bitcoin Bitcoin too volatile to be adopted as legal tender, says BoE chief

Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City.

26.11 / 13:15

Adoption Entertainment Bitcoin Future park South Park Predicts Bitcoin Will Dominate Our Future

The South Park: Post Covid animated movie flick makes a number of bitter predictions on where we are headed, placing the series’ characters in the year 2061. However, it presents a future in which bitcoin (BTC) and other cryptocurrencies are a dominant payment method.

26.11 / 11:59

Ethereum Adoption Gaming Metaverse Rare Axie Infinity Land Changes Hands for USD 2.3M as Metaverse Prices Soar

Another multi-million dollar piece of digital land has changed hands as metaverse virtual real estate prices continue to skyrocket. The latest chunk of virtual property cost its new owners a staggering USD 2.3m worth of ethereum (ETH).

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