Adoption Financial News

12.11 / 13:07

business Adoption Bitcoin Cross-border B2B firms want cross-border payments but skeptical of crypto: Survey

Cryptocurrencies appear to be far from ready for business-to-business (B2B) commerce so far due to factors like lack of convenience, a new survey suggests.

12.11 / 04:05

Blockchain cryptocurrency Adoption Business Giant Hankook Readies Crypto, NFT Move

Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs).

11.11 / 21:55

business Blockchain Stablecoin Adoption Reserve Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

One under the radar cryptocurrency-powered payment app that's been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the United States Dollar via the Reserve stablecoin (RSV). The network also features the Reserve Rights token (RSR), which is used for protocol governance.

11.11 / 17:07

Blockchain Adoption Google Android Presearch integrates OpenSea NFT search feature

Decentralized, privacy-centric search engine Presearch has announced a partnership agreement with leading nonfungible token (NFT) marketplace OpenSea to foster the growth of the Web 3.0 ecosystem for the global commons.

11.11 / 16:53

Ethereum Adoption coinbase Bitcoin Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase

The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past cycles, with real use cases coming into focus.

11.11 / 15:43

Adoption Bitcoin Holdings Hong Kong firm to offer insurance for Asian cryptocurrency holdings

A major Asian insurer has ventured into Bitcoin (BTC), in an attempt to provide a model for other businesses in the field.

11.11 / 15:11

Government Adoption Bitcoin National Indonesia's national Islamic council reportedly declares Bitcoin haram

The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam.

11.11 / 14:29

Blockchain Adoption defi Gaming industry growth Gaming Still Drives Blockchain Dapp Industry Growth

Last month, the number of daily unique active wallets (UAWs) connected to blockchain dapps (decentralized applications) reached an all-time high, exceeding 2m per day on average, according to a report by dapp information provider DappRadar. Despite a robust surge in the use of decentralized finance (DeFi) dapps, the number of UAWs connected to games represented 55% of the industry’s total.

11.11 / 13:55

Adoption ETF SEC Bitcoin Bitwise This Is Why Bitwise Withdrew BTC Futures ETF

The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line.

11.11 / 13:15

business Adoption shopping Chinese retail giant JD accepts digital yuan payments for Singles Day

E-commerce giant JD.com took payments in China’s central bank digital currency (CBDC) at a massive local shopping event.

11.11 / 12:17

Twitter Adoption Lightning Network Bitcoin Twitter Launches Twitter Crypto: Here’s How the Company Got There

The social media giant Twitter is launching a “new team focused on crypto, blockchains and other decentralized technologies,” claims the woman who has been picked to lead it.

11.11 / 04:25

Blockchain Adoption Fujitsu Affiliate to Pilot Blockchain Pay Platform

The Japanese IT giant Fujitsu is to embark on a blockchain technology-powered payment project at a major new commercial center in the city of Saitama, some 30km from Tokyo.

11.11 / 01:03

Government Blockchain Adoption The city of Philadelphia rolls out its own blockchain initiative

City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts space to contact staff working on the project to see how crypto technology could be useful within municipal government.

11.11 / 00:07

Adoption Metaverse Seoul to Launch ‘Metaverse’ Public Service Platform in 2022

Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform.

10.11 / 23:33

Blockchain Ethereum Adoption identity ENS’ director of operations says that DAO-based governance ‘has always been the plan’

On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem.

10.11 / 22:29

business Blockchain Adoption interview 'We'll see about 200 chains connected through Cosmos' IBC next year', says Tendermint CEO Peng Zhong

Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM) network.

10.11 / 20:53

markets Ethereum Adoption ethereum name service Early Ethereum Name Service (ENS) adopters rewarded with a hefty five-figure airdrop

Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible token that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS DAO token.

10.11 / 19:23

business Blockchain Adoption Square United Citizens Organization launches as a blockchain initiative at COP26

Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology.

10.11 / 17:13

Adoption Investments solana Standard NYDFS-licensed Standard Custody brings Solana staking to institutions

Standard Custody & Trust Company, a digital asset custodian based in New York, has expanded its crypto offerings to include Solana (SOL), giving institutional investors the ability to stake and custody the world’s sixth-largest cryptocurrency.

10.11 / 17:13

Blockchain Technology Ethereum Adoption University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain

In an announcement Friday morning, the University of Cambridge announced it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. Its ultimate goal would be to increase the adoption of nature-based conservation solutions, or NbS, such as reforestation, through financial instruments. The institution envisions that purchasers of carbon credits will be able to securely and directly fund NbS projects through the platform.

10.11 / 16:11

Blockchain Adoption Study Study: 58% of video game developers are already using blockchain

A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles.

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