Adoption Financial News
23.11 / 22:55
business
Blockchain
Adoption
CBOE
Future
Bank of England sees CBDCs as a revolution for the future of money
In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answered questions from lawmakers from the Economic Affairs Committee. When asked about the growth of innovation surrounding digital currencies in the country, Sir Cunliffe gave the following comment:
23.11 / 20:51
business
Blockchain
Technology
Adoption
Regal to partner with Flexa to enable digital currency payments in theatres
On Tuesday morning, Regal, a movie operator of more than 500 locations and 7,000 screens in 42 states plus D.C., announced it would be partnering with digital payment network Flexa to enable its customers to pay with crypto for movie tickets, food, and beverage.
23.11 / 17:43
Ethereum
Adoption
Bitcoin
Watch: Tone Vays on Bitcoin Narratives, Bear Market, DeFi, NFTs, and Ethereum
Renowned bitcoin (BTC) analyst, trader, and producer of the Uncofiscatable Conference Tone Vays expects a somewhat shorter and milder crypto bear market compared to the one in 2018 if the price of BTC continues its “slow and steady” climb upwards and there’s no exponential explosion.
23.11 / 17:11
business
Blockchain
Technology
Adoption
Ontology and bloXmove to bring decentralized identity to urban transport apps
Ontology, a developer of self-sovereign identification systems on the blockchain, announced a partnership with decentralized mobility platform bloXmove on Tuesday morning in a bid to accelerate the development of its decentralized credentials. The decentralized digital identity protocol, or DID, will enable blockchain participants to share their personal information, such as a driver's license, in a private, secured, and encrypted manner.
23.11 / 16:43
Adoption
defi
Cardano
Altcoin
Ardana partners with Near protocol on Cardano bridge infrastructure
Ardana, Cardano’s growing stablecoin hub, announced a strategic partnership with Near protocol on Nov. 23. The partnership allows for asset transfer between the two protocols in which Ardana will provide the bridging infrastructure.
23.11 / 13:59
business
Adoption
virtual reality
Valued at $9B, Pokemon Go creator to build metaverse with fresh funding
Niantic, the popular augmented reality (AR) mobile game Pokemon Go developer, is planning to build a “real-world” metaverse with newly raised funding.
23.11 / 12:25
23.11 / 10:47
Adoption
IMF
El Salvador's dollar debt dives on Bitcoin bond plans
El Salvador’s dollar-denominated bonds have fallen to an all-time low as the Central American nation’s debt started trading in "distressed territory" this week.
23.11 / 08:53
business
Government
Adoption
Commonwealth Bank of Australia recognizes risks in missing out on crypto
Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption.
23.11 / 01:21
Blockchain
Twitter
Adoption
Charity
Sotheby’s Metaverse announces latest and largest NFT charity auction
Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest NFT collection via the Sotheby’s Metaverse. The auction titled Gifted: The 140 Collection is considered to be Sotheby’s “biggest NFT charity auction ever,” with all of its proceeds going towards Sostento.
23.11 / 00:59
business
Blockchain
Adoption
Bitcoin
This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.
22.11 / 18:37
Adoption
regulation
Russian Senate Finance Chief Says Crypto ‘Probably Has a Future’
Russia’s upper house, the Federation Council, is monitoring crypto – but a key politician claims that tokens may “have a future.”
22.11 / 12:59
Adoption
community
Bitcoin
El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community.
22.11 / 12:21
Adoption
Payments
Investing
Europe
Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto
Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda.
22.11 / 09:37
22.11 / 08:23
Adoption
NFT
Blockchain Game
Illuvium
RPG adventure game Illuvium boosted by $2M gaming guild fundraise
Polemos, a play-to-earn (P2E) gaming guild specialized in NFT games, has raised $2 million in a strategic funding round to focus on its open-world role-playing game.
22.11 / 06:09
Adoption
economy
Time
NOT
Australian
Australian Senator says DeFi is 'not going away any time soon'
Senator Jane Hume has stated that decentralized finance (DeFi) “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation and economic progress.”
21.11 / 15:29
Blockchain
Technology
Adoption
United Nations
UN’s COP26 climate change goals include emerging tech and carbon taxes
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.
21.11 / 12:09
Blockchain
Adoption
South America
Bitcoin
Training
Venezuelans promised Axie Infinity scholarships for crypto training courses
A gubernatorial candidate from Venezuela has promised to offer scholarships for citizens interested to join the Technical Training Center for Mining and Administration of Digital Crypto Assets.
21.11 / 09:51
business
Blockchain
Adoption
Bitcoin
Backed
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds.
20.11 / 18:53
Facebook
Blockchain
Adoption
Amazon
The three traits of Web 3.0 that fix what went wrong with today’s internet
Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues.
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