Adoption Financial News

03.11 / 16:29

business Blockchain Adoption Twitch Crypto.com co-ops with esports host Twitch Rivals for global crypto outreach

Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner.

03.11 / 13:57

Blockchain CBDC Adoption Over 140 million people have digital yuan accounts, says PBoC head

China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 revealed at Hong Kong Fintech Week.

03.11 / 04:21

business Adoption Banks Commonwealth Bank to enable crypto trading for 6.5M Aussies, 'other banks will follow'

The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app.

02.11 / 21:05

business Blockchain Technology Adoption Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems

AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.

02.11 / 19:43

Blockchain Adoption Cardano Africa network Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021.

02.11 / 17:47

Facebook Blockchain Adoption Meta Platforms “We are building for the metaverse” says Meta VP, Nick Clegg

Nick Clegg, Vice‑President for Global Affairs and Communications at Meta Platforms, spoke at Lisbon’s Web Summit 2021 during a panel on Facebook and innovation in Europe.

02.11 / 16:11

Adoption Bitcoin Singapore to position itself as global crypto center, says regulator

The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand, has accepted Bitcoin (BTC) as a legal currency.

02.11 / 11:21

business Adoption coinbase Indian AI startup Customer acquires Coinbase acquires Indian AI startup to improve customer service

Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup.

02.11 / 09:15

business Blockchain Technology Adoption Top crypto Avalanche creates $200 million fund to lure top crypto devs

The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network.

02.11 / 05:07

business Blockchain Adoption Top U.S. banks offer big incentives to lure crypto talent

Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years.

02.11 / 01:03

Blockchain Adoption awards The Recording Academy and OneOf announce Grammy Awards partnership

The Recording Academy and OneOf, a green NFT marketplace backed by legendary record producer Quincy Jones, announced an exclusive partnership centered around the next three years of Grammy Awards in an unsigned statement on the Grammy.com website.

02.11 / 01:03

business Ethereum Adoption Sport Sorare CEO shares bold vision on NFTs during Web Summit 2021 opening night

Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Nov. 4, 2021. In an opening statement, Carlos Moedas, the Mayor of Lisbon, said that "My dream is that Lisbon will be the capital of innovation in the world." Meanwhile, João Leão, the Minister of Finance of Portugal, stated:

02.11 / 01:03

Adoption Streaming ATH Upcoming parachain auctions send Polkadot to new ATH, while CHR and THETA follow

"Uptober" is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through "Upvember, Upcember" and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish.

02.11 / 00:31

business Blockchain Technology Adoption enaira eNaira slowly gains traction post-launch amidst glitches

The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.

01.11 / 23:47

Adoption ETF Bitcoin Bitcoin Price Institutional managers bought $2B worth of Bitcoin in October

Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency.

01.11 / 23:23

business Blockchain Technology Adoption expansion Patreon to explore expansion into crypto realm

Patreon executives again teased their company's expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with Chief Product Officer Julian Gutman, saying:

01.11 / 22:59

Facebook Blockchain Adoption Funding Sfermion raises $100M for NFT and metaverse ventures

Nonfungible token, or NFT, investment firm Sfermion has announced a secondary funding raise of $100 million — appropriately titled Fund II — from a number of established cryptocurrency investors including British billionaire Alan Howard, American entrepreneur Chris Dixon, Gemini co-founders Cameron and Tyler Winklevoss, and venture capital firm Digital Currency Group, among others.

01.11 / 21:49

business Government Blockchain Adoption City of Liverpool takes interest in blockchain-powered food delivery platform

On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957 USD) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants.

01.11 / 21:21

business Adoption Amazon services Amazon job posting hints company’s Web Services are preparing to adopt crypto

Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers.

01.11 / 20:43

Technology Ethereum Adoption Vitalik Buterin shares positive outlook on the establishment of crypto cities

In a blog post published on Sunday, Ethereum (ETH) co-founder Vitalik Buterin voiced his support for utilizing the cryptocurrency phenomena to serve the interests of local governments and their citizens.

01.11 / 19:57

business Art Adoption Artists Beyond the NFT hype: Creating lasting business models for artists

It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world assets.

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