Adoption Financial News

18.11 / 05:29

business Facebook Adoption Social Media VR Metaverse comes closer to reality as Meta previews haptic gloves

Meta — the company formerly known as Facebook — is diving straight into virtual reality with a preview of its latest research and development on haptic gloves which give sensory feedback while in digital realms.

18.11 / 04:07

Ethereum Adoption Latin America Bitcoin Trackers Crypto Exchanges & Bitcoin Price Trackers Among Venezuela’s Most-Visited Websites

The Venezuelan President Nicolás Maduro and his cohorts have long banged the drum about creating a “crypto-powered economy” – but it appears that either the message has got through to citizens, or Venezuelans have been adopting crypto of their own accord.

18.11 / 02:37

markets Adoption Binance Opulous (OPUL) rallies 785% as fans dig the sound of NFTs in the music industry

There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one NFTs will touch every facet of our lives. Already, developers, artists and corporations are considering the tokenization of all assets and some have already experimented with NFT-based concert tickets and sports passes.

17.11 / 22:23

business Stablecoin Adoption us government Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant

In a speech published Wednesday noon, Federal Reserve Governor Christopher J. Waller reiterated his skepticism for implementing a central bank digital currency, or CBDC, in the United States. However, Waller is not an ordinary cryptocurrency skeptic, as he cites the development of genuine private-sector payment innovations, specifically stablecoins, as the reason why CBDCs are not needed.

17.11 / 21:19

Blockchain Technology Ethereum Adoption Starkware Ethereum Layer-two developer StarkWare valued at $2B following $50M raise

Israel-based StarkWare announced on Nov 16 via Twitter that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital was the lead investor, among other contributors. Seven months ago, StarkWare raised $75 million in a Series B funding led by Paradigm.

17.11 / 16:43

Adoption Cardano Polygon Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend

Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red.

17.11 / 16:09

business Adoption Bitcoin Staples Center Los Angeles will be renamed Crypto.com Arena

Staples Center will now be known as Crypto.com Arena, after an agreement with its owner AEG.

17.11 / 13:49

Adoption defi MARKET SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event

The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process.

17.11 / 13:07

business Blockchain Technology Adoption KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects

KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and decentralized applications.

17.11 / 12:41

Adoption Sport marketing Deal CRO Rallies as Crypto.com Scores USD 700M Arena Deal

Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.

17.11 / 00:07

Adoption Real Estate Bitcoin Deal NYC Real Estate to Record a Bitcoin-Exclusive Deal

Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries.

16.11 / 20:57

business Ethereum Adoption Bitcoin Brave launches browser-native crypto wallet to combat fake extensions

Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.

16.11 / 20:57

Art Adoption Artists Royal House of Savoy NFTs to debut on the 150th anniversary of the Unification of Italy

Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy's House of Savoy. The digital works are made in collaboration with the House of Savoy's (non reigning) descendent, Emanuele Filiberto di Savoia, Prince of Venice.

16.11 / 20:57

Technology Adoption fees transactions Power The power of cheap transactions: Can Solana's growth outpace Ethereum?

The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second.

16.11 / 19:23

business Blockchain Technology Adoption Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine.

16.11 / 17:03

Adoption NFT defi IOTA network IOTA Foundation to launch staging network and reward token

The IOTA Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance the IOTA roadmap towards fully functional decentralization.

16.11 / 17:03

Adoption ETF Investments Bitcoin ETC Group announces new blockchain equity ETF with HANetf partnership

The ETC Group and white-label issuer HANetf have reportedly announced the continuation of their partnership with the introduction of the ETC Group Digital Assets & Blockchain Equity UCITS ETF, a fund that tracks other cryptocurrency products.

16.11 / 16:29

Blockchain Adoption Cloud Services Hedera’s governing body adds ServiceNow to its ranks

The Hedera Governing Council has accepted cloud-based digital workflow platform ServiceNow as its newest member. Hedera intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions.

16.11 / 16:09

cryptocurrency Adoption Binance regulation rights Crypto users Binance Releases Bill of Rights for Crypto Users

Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a "technology company to a financial services company." Along those lines, the exchange published a 'crypto bill of rights'.

16.11 / 14:41

cryptocurrency Forecast Adoption Bitcoin Crypto Adoption in 2022: What to Expect?

The crypto market is having a strong end to 2021, with various cryptoassets -- including bitcoin (BTC) -- hitting new all-time highs. The question is: will we continue seeing increasing adoption of cryptocurrencies among investors, institutions, and even governments next year?

16.11 / 14:41

Adoption regulation Bitcoin lawmakers Indian Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude

The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country, but also that cryptocurrencies need to be regulated.

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