Adoption Financial News

11.09 / 10:21

business Adoption Binance regulation Binance Coin Binance's Richard Teng denies FTX comparisons: 'We welcome the scrutiny'

Binance regional markets head Richard Teng insists that the global cryptocurrency exchange is financially secure and in no way similar to bankrupt peer FTX despite recent regulatory scrutiny and regional challenges,

11.09 / 08:31

Adoption G20 G20 nations reaffirm responsible use and development of AI technology

As India handed over the G20 Presidency to Brazil, the member nations have committed to harnessing artificial intelligence (AI) technology in a responsible manner in addition to planning for a future involving crypto assets and central bank digital currencies (CBDC).

11.09 / 04:53

business Adoption coinbase reports services Coinbase responds to reports suggesting it's ceasing services in India

Coinbase has provided information that seemingly contrasts a media report suggesting that it would soon halt all operations for its Indian customers.

11.09 / 03:01

business Adoption defi Social Media coinbase BaSe Friend Friend.tech TVL tops $20M weeks after being declared ‘dead’

Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.

10.09 / 08:51

Blockchain Adoption Worldcoin AI token AI token trading volume stagnant despite Worldcoin buzz – Kaiko data

While the debut of Worldcoin drew attention to artificial intelligence-powered tokens(AI-tokens), recent trading data from Kaiko indicates that these AI tokens have shown resilience despite the controversy surrounding Worldcoin's launch.

10.09 / 06:39

Adoption defi Investments Europe Bitcoin 1 in 4 investment firms assign senior execs to digital assets: Report

Based on the findings of a market intelligence firm, an increasing number of investment firms in the United States, United Kingdom, and Europe are appointing senior executives to lead digital asset investment strategies.

08.09 / 19:31

Blockchain Adoption Binance defi CFTC regulation BIS BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

08.09 / 18:43

markets business Adoption Europe economy Federal Reserve Bitcoin The Fed could lose $100B — Does this spell catastrophe for Bitcoin?

On this week's episode of “Macro Markets,” Cointelegraph analyst Marcel Pechman delves into a thought-provoking discussion on the United States Federal Reserve’s financial woes. Pechman opens by highlighting how the Fed is grappling with staggering losses and emphasizes a fundamental macroeconomic principle: that overall wealth cannot be universally enhanced as demand for goods and services grows.

08.09 / 14:23

Blockchain Adoption Gaming Middle east Saudi Arabia looks to blockchain gaming and Web3 to diversify economy

Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030.

08.09 / 12:47

Adoption Trading coinbase Podcast Hashing It Out Crypto users Coinbase Advanced’s Moheeth Alvi sees pro traders as next wave of crypto users

Moheeth Alvi, group product manager at Coinbase Advanced, joins Cointelegraph’s Hashing It Out podcast with host Elisha Owusu Akyaw for an in-depth discussion about pro traders in the cryptocurrency space.

08.09 / 10:53

Blockchain Adoption NFT wallet Polygon Asia Grab Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards

Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers.

08.09 / 09:39

Adoption Payments regulation P2P Payments regulatory Singapore regulatory sandbox lacks qualified crypto payment providers

The Monetary Authority of Singapore (MAS) has said that no businesses have qualified to participate in its FinTech Regulatory Sandbox framework as cryptocurrency payment providers.

08.09 / 09:39

business Adoption Web3 Ant Web3 Developers Ant Group launches new blockchain brand for Web3 developers

Ant Group, the owner of the world’s largest mobile payment platform, Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers.

08.09 / 09:39

Blockchain Technology Adoption Africa Africa’s blockchain journey begins with poverty alleviation — SumoTrust CEO

Many people have called for Nigeria and Africa to incorporate blockchain technology into daily life; however, poverty must first be conquered before blockchain technology can be properly integrated into society, according to GT Igwe Chrisent, the CEO of SumoTrust, an online savings and investment platform; and Truzact, a crypto wallet.

08.09 / 06:21

business Law Adoption regulation Court Backed Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans

Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date with the financial regulator for allegedly offering financial products without a license.

08.09 / 04:33

business Adoption defi Futures Derivatives Synthetix DEX launch to join efforts reducing the 'serious friction' in DeFi

Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — with a Q4 slated launch of the Synthetix V3 protocol and its decentralized exchange front-end, called Infinex.

07.09 / 17:29

Blockchain Adoption Rug Pull controversy freeze Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull

A BNB Chain rug pull scammed users out of $2 million worth of BNB ($11 million at today’s prices). Users asked Binance for help, and Binance said it had frozen the funds but then retracted the statement. The funds sat in the address for nearly two years until Binance suddenly took action to freeze the scammer’s wallet, which had grown to $10.8 million. Previously, Binance had stated that it could not freeze wallets outside of exchange addresses due to BNB Chain’s decentralized nature. Users were unhappy and demanded that Binance do more. This is the story of the PopcornSwap scam.

07.09 / 17:29

Ethereum Art Adoption NFT Crypto Collectibles Bitcoin ‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum

The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months.

07.09 / 17:29

Adoption Tokens Digital Asset Digital Asset Management Asset management Aave, Circle, Base become founding members of Tokenized Asset Coalition

Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset tokenization and institutional DeFi, it announced Sept. 7.

07.09 / 17:29

business Blockchain Technology Adoption DLT AI and blockchain will 'reshape sectors' and create new markets from scratch — Moody's

Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6.

07.09 / 13:09

Government Law Adoption regulation Ron DeSantis’ falling polls: Could crypto lose its candidate?

Miami Mayor Denis Suarez, who’s running for president of the United States, took a shot at his Republican counterpart in the presidential race, Florida Governor Ron DeSantis.

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