Adoption Financial News

23.07 / 21:51

business CBDC Adoption regulation Central Bank Reserve Federal Reserve of San Francisco hiring crypto architect for CBDC project

San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC) project, reveals an Indeed job posting. According to the role description, the employee will work on CBDC research and development.

23.07 / 09:09

Blockchain CBDC Adoption Africa enaira Nigerian central bank adds NFC upgrade to eNaira for contactless payments

Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency (CBDC) project, showing no indications of abandoning it.

23.07 / 07:43

Adoption XRP regulation SEC Lawyer SEC's appeal won't be a setback for XRP holders – Pro XRP lawyer

Amidst speculations that a potential appeal by the US SEC could negatively impact the crypto market, Pro-XRP lawyer, Attorney John Deaton has made it clear that even in the event of an appeal by the agency, it would not significantly affect XRP holders.

22.07 / 09:07

Blockchain Adoption Web3 Media Unlocking potential for Web3 creators: ReadON joins Cointelegraph Accelerator

The creator economy has become a $100 billion market thanks to the rise of social media and digital content. However, it’s bound mainly by centralized content platforms, leaving dismal incentives for actual creators to provide better content for audiences. YouTube’s latest efforts to compete with TikTok and Instagram, YouTube Shorts, is notorious for giving minimal gains for creators and Twitter recently started paying peanuts for content creators.

22.07 / 07:39

business Adoption Amazon Google white house reports AI companies safe AI companies commit to safe and transparent AI, White House reports

The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.

22.07 / 07:39

business Adoption Android ChatGPT OpenAI launches official ChatGPT app for Android

OpenAI on July 21, revealed its plan to launch an Android version of the well-received ChatGPT chatbot in the upcoming week. This means Android users will now have access to this AI sidekick 24/7, just like iOS users who have been enjoying it since May.

21.07 / 22:53

business Adoption Machine Learning ChatGPT AI21 Labs debuts anti-hallucination feature for GPT chatbots

AI21 Labs recently launched “Contextual Answers,” a question-answering engine for large language models (LLMs).

21.07 / 22:47

business Adoption Binance Ripple Venture Capital Bitcoin Costs Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits.

21.07 / 20:07

Adoption Bitget Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office

Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.

21.07 / 14:55

Ethereum Adoption defi Investments Decentralization How do DeFi projects generate profit?

This week’s episode of Cointelegraph’s Market Talks welcomes Alvin Xu, the co-founder and CEO of Maverick Protocol, a platform that is taking a new approach to building decentralized finance (DeFi) infrastructure. Xu has been in the crypto space since 2018, and before co-founding Maverick, he led products and ecosystems across MetaMask, Abra Wallet, BitTorrent and the Tron Foundation.

21.07 / 13:51

Adoption Mining proof-of-work Bitcoin Regulation Bitcoin Bitcoin Price The last Bitcoin: What will happen once all BTC are mined?

Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear.

21.07 / 12:27

Blockchain Technology Adoption FinTech 5 emerging digital finance trends to watch

The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of.

21.07 / 11:21

business Technology Adoption Quantum Computing Supercomputer Deal Cerebras Systems secures $100m AI supercomputer deal with UAE’s G42

Cerebras Systems has announced the signing of a deal worth around $100 million with G42, a technology group based in the United Arab Emirates (UAE). The agreement entails providing the initial installment of an artificial intelligence (AI) supercomputer, with the possibility of delivering up to nine more units, the company said in a statement on July 20.

21.07 / 10:45

Blockchain Adoption Gaming GameFi Blockchain Game Dota 2, Rocket League pros ‘want to explore’ Web3 and blockchain gaming

While game developers seem to hate the idea of Web3 coming into games, players who compete in gaming tournaments for a living are more open to trying out blockchain gaming.

21.07 / 09:33

Blockchain CBDC Adoption Peoples Bank of China Yuan Digital yuan integration introduced to Chinese business air travel

As the pilot program for China’s central bank digital currency (CBDC) — the digital yuan — takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the CBDC.

21.07 / 08:40

Adoption regulation exchanges Indonesia launches its crypto exchange and clearing house

The national cryptocurrency exchange announced by the Indonesian government a week ago has begun to function, according to a statement from the country’s Commodity Futures Trading Supervisory Agency, known as Bappebti. The platform will be the only space in the country where the legal exchange of digital assets is allowed.

20.07 / 15:23

Blockchain Technology Adoption Developers data Tech Coding 7 most in-demand programming languages to learn

In the ever-evolving landscape of technology, programming languages play a crucial role in shaping the digital world. Aspiring developers and seasoned professionals alike are constantly seeking programming languages that offer both versatility and high demand in the job market.

20.07 / 06:47

Blockchain Stablecoin Adoption Asia Banks Central Bank banking Myanmar’s shadow government backs launch of crypto-based bank

Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and funding.

20.07 / 06:47

business CBDC Adoption regulation Bank of China transaction volume China’s digital yuan nears $250B transaction volume: Central bank governor

Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years since the start of its pilot, the country’s central bank governor has claimed.

20.07 / 02:23

business Blockchain Adoption Conference privacy Scalability Internet Aleo zk NOT ZK proofs could change the internet, not just Web3 — Aleo exec

Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today — privacy, according to one cryptocurrency executive.

20.07 / 02:23

CBDC Adoption Payments Mobile Payments Future South Korean central bank charts out future course of payment systems, CBDC

The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the report said, and it is getting ready for a future with central bank digital currency (CBDC) and is discussing stablecoin regulation broadly.

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