Adoption Financial News

20.11 / 13:11

Blockchain Adoption Bitcoin Foundry USA becomes second-largest Bitcoin mining pool amid China ban

New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network.

20.11 / 00:27

Adoption virtual reality wax Bitcoin Support Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support

Bitcoin’s (BTC) recent foray back below $56,000 sparked a wide-ranging sell-off across the cryptocurrency ecosystem and talks of the price hitting $100,000 by the end of the year quickly morphed into concerns about an impending bear market that could thrust prices into the doldrums for a year or longer.

19.11 / 23:49

Blockchain Technology Adoption Real Estate Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell nonfungible tokens (NFTs), purchase digital ad venues, own real estate and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyscraper to interested buyers.

19.11 / 22:23

Adoption regulation Central Bank NOT A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.

19.11 / 22:07

business Blockchain Adoption Bitcoin Financial 'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev

During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country's cryptocurrency industry. The details of the speech were posted on the official website of the President of the Republic of Kazakhstan, and translated by Cointelegraph:

19.11 / 21:03

Blockchain Adoption defi IOTA Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.

19.11 / 17:21

business Art Adoption Investments NFT sales boom, but ownership is highly concentrated

Trading volumes across various verticals of nonfungible tokens (NFTs) have been on a tear this year.

19.11 / 17:05

Ethereum Adoption NFT Non-fungible tokens Aussie Programmer Creates 'Educational' Pirate Bay For JPEG Versions of NFTs

Amid a rapidly rising interest in non-fungible tokens (NFTs) across the world, Australian software developer Geoffrey Huntley has uploaded nearly 18 terabytes of digital artwork copies to a server, creating a new torrent site where anyone can download them - as a 'lesson' on NFTs.

19.11 / 13:25

Adoption Bitcoin us sanctions Digital currencies won’t impact US sanctions, Treasury exec says

Central bank digital currencies (CBDC) like Russia’s digital ruble do not pose any threat to United States sanctions, according to U.S. Deputy Treasury Secretary Wally Adeyemo.

19.11 / 12:06

Ethereum Adoption Investing Silver Silver Linings Abound as Constitution DAO Falls Short in USD 47M Sotheby’s Bid

An audacious attempt to buy one of the few surviving copies of the United States Constitution by a decentralized autonomous organization (DAO) fell short of what would have been a dramatic victory for the crypto space – losing out in an auction at Sotheby’s.

19.11 / 08:19

Government Adoption Banks RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies

The Reserve Bank of Australia (RBA) has warned Aussie investors about speculating on digital assets as it casts doubt over the entire crypto sector.

19.11 / 03:05

Adoption Gaming Society play Play-to-Earn Games Offer Alternative for Unbanked in South East Asia

Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia said.

18.11 / 23:01

business Blockchain Technology Adoption Acala wins first Polkadot parachain auction with over 32M DOT staked

On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.

18.11 / 18:03

Adoption transport Bitcoin US city sets up Bitcoin ATM in airport after crypto payment adoption

The North Dakota’s City of Williston continues exploring and adopting the cryptocurrency industry by elevating a crypto automated teller machine (ATM) in its international airport.

18.11 / 15:04

business Blockchain Technology Adoption Boson Protocol seeks to blend physical and digital marketplaces in the Metaverse

Boson Protocol is a decentralized commerce protocol that seeks to enable the sale of physical goods, services and experiences in the Metaverse as nonfungible tokens (NFTs), and hopes to provide an infrastructure layer for exchanging assets of non-monetary value. For example, an NFT of a pair of sneakers bought using the Boson Protocol in the Metaverse would then be redeemable for that physical pair of sneakers in the real world, and vice versa.

18.11 / 13:33

Ethereum Adoption YouTube Features Post Malone features BAYC NFTs in new music video with The Weeknd

Rapper Post Malone is the latest celebrity to move into nonfungible tokens (NFT) by promoting a major NFT project and a cryptocurrency firm.

18.11 / 13:13

Adoption regulation Altcoin Bitcoin Indian Indian PM urges democratic countries to collaborate on cryptocurrencies

India appears to be taking a progressive stance on Bitcoin (BTC). Especially given the fact that the country is attempting to reach a uniform viewpoint on the categorization and legality of this new asset class.

18.11 / 12:31

Ethereum Adoption Investing DAO With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution

ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m - two times more than the auction house Sotheby’s upper estimate.

18.11 / 09:07

Adoption Latin America CNBC HK Peru to partner with India, HK and Singapore central banks on a CBDC

The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).

18.11 / 08:27

Dogecoin Twitter Adoption Samsung Supersize McShib: Shiba Inu the largest ERC-20 holding among ETH whales

New data suggests that Shiba Inu (SHIB) is the largest ERC-20 token holding amongst the top 1,000 Ethereum (ETH) whales.

18.11 / 08:19

Adoption virtual reality shopping South Korea embraces the proto-Metaverse

The South Korean people and an increasing number of major companies in the country have begun to embrace and integrate the Metaverse into their everyday lives in new and unexpected ways.

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