Adoption Financial News
27.07 / 21:19
Ethereum
Twitter
Adoption
wallet
Developers
Scalability
layer2
New Optimism wallet lets users receive crypto via Twitter login
A new wallet that has launched on Optimism (OP) allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam wallet” the application runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH).
27.07 / 20:29
Blockchain
Ethereum
Adoption
defi
transactions
Scalability
layer2
Time
Optimism transaction volumes surpass Abitrum’s for the first time in six months
The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before submitting them to Ethereum, potentially lowering transaction fees.
27.07 / 20:29
business
Stablecoin
Adoption
MakerDAO
DAI
boost
MakerDAO increases DAI yield in a bid to boost demand
A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July 27, raising yields for tokenholders to as high as 8%.
27.07 / 16:19
Adoption
Trading
Financial Services
financial literacy
Bears
Bulls make money, bears make money, pigs get slaughtered
The crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation changes, technological advancements, and general market demand and supply are just a few factors contributing to this volatility. Although volatility offers opportunities for gains, it also exposes traders and investors to high losses.
27.07 / 13:15
Adoption
Bitcoin
Kennedy
RFK Jr. Admits Buying Bitcoin for His Children After Attending Miami Conference
Democratic presidential candidate Robert F. Kennedy Jr. has revealed that he has purchased two Bitcoins (BTC) for each of his seven children.
27.07 / 12:57
Technology
Adoption
Machine Learning
Tech
Coding
ChatGPT
How to use ChatGPT to learn SQL
Structured Query Language (SQL) is a powerful and essential tool for working with relational databases. Whether you’re a beginner or looking to enhance your SQL skills, ChatGPT can be a valuable companion in your learning journey. This article will explain how to use ChatGPT to learn SQL and master querying databases effectively.
27.07 / 12:09
Law
Adoption
Europe
privacy
European Union
German political parties split on how to regulate increasing AI adoption
In April 2021, the European Commission presented its proposal for harmonized rules on artificial intelligence (AI), dubbed the Artificial Intelligence Act (AI Act). After the Council of the European Union and the European Parliament finalized their positions in December 2022 and June 2023, the legislative institutions entered a trilogue on the upcoming AI regulation.
27.07 / 10:59
business
Technology
Adoption
Netflix
Netflix eyes AI amid Hollywood strike, offers high-paying AI positions
As the Screen Actors Guild‐American Federation of Television and Radio Artists/Writers Guild of America (SAG-AFTRA/WGA) strike over the use of artificial intelligence (AI) in film and TV production enters its second week, Netflix is advertising for AI developers to fill Product Manager and Technical Director positions within its R&D Labs and Machine Learning division.
27.07 / 10:07
Blockchain
Adoption
Bitget exec discusses limitations and benefits of CTA AI trading bot
One area where artificial intelligence (Ai) technologies are rapidly synergizing with blockchain is at cryptocurrency exchanges. Since the beginning of the year, Binance has launched an AI-powered nonfungible tokens (NFTs) generator for authenticated users. Meanwhile, OKX has introduced an AI integration to monitor market volatility. Bybit has also plugged into ChatGPT for AI-powered trading tools.
27.07 / 08:35
business
Blockchain
Adoption
data
identity
KYC
reports
Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues
Amid discussions around the falling interest in Worldcoin, a blockchain project dedicated to building a user identity network, Worldcoin co-founder Sam Altman shared a video that shows people in Japan lined up to give away their iris scans in exchange for ‘free’ Worldcoin (WLD) tokens.
27.07 / 05:11
business
Adoption
Web3
marketing
Digital marketing will become Web3's next major use case, says report
The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already “thinking deeply” about how to utilize the Web3 tech stack.
27.07 / 03:29
Adoption
white house
Bitcoin
Bitcoin Price
Robert Kennedy Jr. admits to buying 2 Bitcoin for each of his 7 children
Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC), earlier this year — buying two BTC for each of his seven children.
27.07 / 02:15
Blockchain
Law
Adoption
regulation
white house
committee
Crypto bills pass congressional committee in 'huge win' for US crypto
A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, reducing regulatory red tape for crypto, and setting clearer rules for the industry.
27.07 / 02:15
business
Adoption
Hackers
regulation
Cybersecurity
Scams
lazarus
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22.
26.07 / 18:37
CBDC
Adoption
Investments
Survey
Indian
Support
Chinese, Indian investment professionals show strong support for CBDC in new survey
The CFA Institute, the professional association that provides Chartered Financial Analyst credentialing, surveyed its members on their perceptions of central bank digital currency (CBDC), saying it wanted to examine the demand-side outlook on the financial technology.
26.07 / 18:09
Adoption
Robinhood
Executive
expansion
Pro-Crypto Robinhood Taps Former Barclays Executive Jordan Sinclair as CEO for UK Expansion
Pro-crypto brokerage firm Robinhood has appointed former Barclays executive Jordan Sinclair to spearhead its UK expansion.
26.07 / 14:35
Blockchain
Adoption
Digital Asset
South Korea strengthens crypto regulation with LEI adoption and crime unit
South Korea has established an interagency investigation unit to combat cryptocurrency crimes, aiming to address the rise in illicit activities in the market and the need for investor protection, according to a July 26 report.
26.07 / 14:35
Technology
Adoption
Internet of Things
Tech
IoT
7 real-world IoT applications and examples
The Internet of Things (IoT) has emerged as a transformative technology, connecting physical devices to the digital world and enabling data-driven decision-making. This interconnectivity has given rise to innovative applications across various industries, streamlining processes, enhancing efficiency and creating new opportunities. This article will break down seven real-world IoT applications and examples that are revolutionizing industries worldwide.
26.07 / 14:35
CBDC
Adoption
regulation
Banks
Central Bank
banking
Threat
Existential threat? Why some banks are anxious about CBDCs
In the current climate, which is pretty hostile for the digital assets industry following the failures of 2022, central bank digital currencies (CBDCs) are often perceived as “crypto killers.”
26.07 / 11:23
Blockchain
Stablecoin
Adoption
Binance
Binance lists new zero trading fee stablecoin, halts shortly after on technical issues
The recently introduced stablecoin, FDUSD, which was scheduled to be listed on Binance on July 26, 2023, at 08:00 (UTC), enabling trading for FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs has now been postponed to restart at 2023-07-26 14:00 (UTC) due to FDUSD pairs’ liquidity providers experiencing technical issues.
26.07 / 10:37
Adoption
regulation
Web3
Metaverse
Japan's Prime Minister Stresses Gov's Focus on Web3 Growth, Says Major Company Will Unveil 'Ambitious' Metaverse Project
Japan's Prime Minister Fumio Kishida said that the country's agenda includes support for the growth of Web3 companies and suggested that a major company would reveal its metaverse project. Meanwhile, Binance announced its full Japanese presence starting in August.
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