Adoption Financial News

05.11 / 08:43

Facebook Adoption Microsoft virtual reality Should Zuck lead us to the Metaverse? Crypto leaders weigh in

Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed while Animoca’s Yat Siu says Zuck is the only one who can drive the company forward.

05.11 / 06:13

Blockchain Adoption Banks Executive ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored

One of the ANZ bank’s senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance.

05.11 / 06:13

business Adoption ETF Australian BetaShares crypto company ETF smashes Australian records on opening day

Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing.

05.11 / 04:25

Adoption NY Mayor-elect Eric Adams will take his first three paychecks in Bitcoin

New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to make New York the “center of the cryptocurrency industry” after he takes office in January.

05.11 / 01:55

Blockchain Technology Adoption Mythical Games announces $150M raise as the company expands into NFTs

Mythical Games announced the conclusion of a $150 million fundraising round. The company conducted the raise at a $1.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz.

05.11 / 01:34

business Blockchain Adoption proof-of-work Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan

As reported by Reuters Thursday morning, Tierra Viva ("Alive Earth"), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus, and elephant beetle species exported by Tierra Viva have a retail price of $300 a pair in Tokyo. The beetle species are popular among Japanese schoolchildren and collectors.

04.11 / 21:01

Blockchain Adoption movie interview Drop Future network 'Privacy-preserving computing is the future,' says Secret Network's Guy Zyskind after Quentin Tarantino NFT drop

On Nov. 2, award-winning writer and director Quentin Tarantino announced he would auction off seven uncut scenes from Pulp Fiction as nonfungible tokens, or NFTs, built on the Secret Network (SCRT). The digitized assets will include the first uncut scripts of the movie, as well as secrets about the film and its creators.

04.11 / 20:11

Adoption RBI Bitcoin services India’s top payment firm Paytm reportedly considers Bitcoin services

Paytm, India's leading digital payments company, has said Thursday that it would consider Bitcoin services if the country's regulatory framework for cryptocurrencies was more definite.

04.11 / 19:37

Blockchain Adoption NFT RTFKT partners with Daz 3D to advance metaverse NFT’s

RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX.

04.11 / 16:51

Blockchain Adoption NFT Bluzelle launches mainnet decentralized storage for NFT content

Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data.

04.11 / 16:29

Ethereum Adoption NFT lending Backed NFT-Backed Lending Market Rises, USD 1.4M Borrowed With an NFT as Collateral

Non-fungible tokens (NFTs) are increasingly being used as collateral against loans. Recently, the possibly largest ever such loan was issued for USD 1.4m using the crypto lending platform NFTfi, with the Autoglyph 488 NFT as collateral.

04.11 / 15:45

Blockchain Adoption Funding Enjin wants to decentralize its metaverse with new $100M fund

Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.

04.11 / 14:29

Blockchain Adoption Bitcoin Iran Blockchain Association head calls for special council on crypto laws

According to Iran’s main blockchain organization, authorities have been remiss in their enforcement of cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators that it feels are inadequately prepared to handle such a challenging task.

04.11 / 05:27

Adoption Investments Survey Survey finds lower paid workers are quitting jobs thanks to crypto profits

Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.

04.11 / 02:53

markets Adoption SoftBank Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse

The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector.

04.11 / 00:26

Adoption Microsoft Metaverse Watch Microsoft CEO Showcasing Metaverse Use-cases

America’s biggest tech titans are set to go head-to-head with “metaverse”-themed innovations. Fresh from re-naming itself Meta, the company formerly known as Facebook has committed itself to metaverse-themed innovation. And it looks like it now has competition from the IT heavyweight Microsoft, which has laid out its own meta-plans.

03.11 / 21:13

Government Blockchain Adoption resolution US Senator submits resolution too allow crypto payments in US Capitol Complex

U.S. Republican Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol complex.

03.11 / 20:39

Adoption ETF Bitcoin crypto ETFs Hong Kong regulator re-evaluates retail crypto ETFs laws

The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.

03.11 / 19:31

Adoption Investments Bloomberg Bitcoin Money managers with zero crypto exposure risk being left behind — Bloomberg strategist

The career risk surrounding cryptocurrency is shifting to money managers who don’t have exposure to digital assets as opposed to those who are already invested, highlighting a dramatic shift in institutional acceptance of Bitcoin (BTC) and decentralized finance, according to Bloomberg’s senior commodity strategist Mike McGlone.

03.11 / 18:51

business Adoption Tokens goldman sachs Goldman Sachs boosts tokenization efforts with new partnership

American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset.

03.11 / 18:46

Blockchain Stablecoin Adoption regulation Stablecoins report: SEC won’t lead regulation, Congress urged to act

On Nov. 1, the United States President’s Working Group on Financial Markets (PWG) released its long-anticipated report and policy recommendations on stablecoins. The document’s main focus is on prudential risks that “payment stablecoins” — or those meant to maintain a stable value against a reference fiat currency — could pose to users and financial stability.

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