Adoption Financial News

29.06 / 12:07

Government Blockchain Law Adoption committee Support Canadian committee proposes measures to support blockchain, crypto

Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.

29.06 / 10:05

Blockchain Adoption Trading Navigating the complex world of crypto trading from a single interface

Managing a portfolio consisting of traditional assets can be done through a wide range of tools. When it comes to cryptocurrencies, traders do not have access to the same level of infrastructure, which makes crypto portfolio management a more tedious process for beginners.

29.06 / 10:05

Adoption regulation ChatGPT ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft

OpenAI, the maker of the popular chatbot ChatGPT — a natural language processing artificial intelligence (AI) tool — is facing a class-action lawsuit in California over allegedly scraping private user information from the internet.

29.06 / 02:01

business Blockchain Stablecoin Adoption regulation Central Bank Framework Italy’s central bank calls for framework to prevent stablecoin runs

Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins.

28.06 / 22:55

Stablecoin Adoption RBI Central Bank Reserve Bank of India RBI lists risks of stablecoin for developing economies, calls for global regulation

Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial Stability Report, released June 28. The report listed six threats that stablecoin presents.

28.06 / 21:31

CBDC Adoption BIS BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, its collaboration with the central banks of France, Singapore and Switzerland, on the use of wholesale central bank digital currency (wCBDC) in tokenized foreign exchange trading. The project is a proof-of-concept that considers questions relating to credit and settlement risk and interoperability.

28.06 / 18:49

Adoption ETF regulation SEC Bitcoin Bitcoin Price Will Bitcoin ever trade below $27,000 again?

In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will ever trade at $27,000. Some analysts attribute Bitcoin’s recent 21.5% gains to BlackRock’s spot Bitcoin exchange-traded fund (ETF) filing, but other events might have also fueled the cryptocurrency gains.

28.06 / 16:11

Technology Adoption Analysis Opinion United Nations Tech Girlfriends, murdered kids, assassin androids — is AI cursed?

Is artificial intelligence (AI) cursed? It seems to be accelerating us toward a dystopia that humanity isn’t ready for.

28.06 / 16:11

business Blockchain Adoption MicroStrategy Bitcoin MicroStrategy buys $347M worth of Bitcoin amid market thaw

On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 Bitcoin (BTC), worth $347 million at the time of publication. After the transaction, the total balance of Bitcoin owned by MicroStrategy has increased to 152,333 ($4.52 billion) with an average purchase price of $29,668 apiece.

28.06 / 13:07

Adoption Digital Currency regulation Europe European Union digital euro European Commission aims for universal acceptance with Digital Euro proposal

The European Commission announced on June 28 that it has proposed a legislative plan for a digital euro, aiming to make it a widely accepted and easily accessible form of payment.

28.06 / 13:07

business Adoption wallet Hardware Wallet Private Keys Bitcoin Wallet Mobile Wallet open Open source: Buzzword or real security for crypto wallets?

Last month, hardware crypto wallet manufacturer Ledger announced its “Ledger Recover” program designed to allow customers to back up their seed phrases to the cloud and link it with their real-world identity.

28.06 / 13:07

business Blockchain Stablecoin Adoption Latin America Paxos Paxos and MercadoLibre partner up to bring USDP to Mexico

Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28.

28.06 / 12:21

Technology Adoption Web3 Internet of Things Internet Tech A brief history of the internet

The internet has become an integral part of our daily lives, revolutionizing how we communicate, access information and conduct business. It has evolved over several decades, starting from humble beginnings as a research project and evolving into a global network that connects billions of people worldwide. This article presents a timeline of the Internet’s evolution, highlighting key milestones that have shaped its development.

28.06 / 11:47

Blockchain Adoption regulation Europe European Union Smart Contracts EU finalizes controversial smart contract kill switch rules under Data Act

European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry Breton, in a tweet calling it a “milestone in reshaping the digital space.”

28.06 / 08:01

business Blockchain Adoption Web3 Sony network Sony Network invests in Japanese Web3 startup to spur mass adoption

Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in building a global infrastructure to support Web3.

28.06 / 06:27

Adoption ETF SEC Grayscale GBTC Bitcoin spot bitcoin approved analyst BlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst

Investment management firm BlackRock has a 50% chance of getting its spot Bitcoin (BTC) Exchange Traded Fund (ETF) approved, says Bloomberg’s senior ETF analyst Eric Balchunas.

28.06 / 01:57

Provident Adoption Digital Aware CEO Software 1 in 5 French Workers Wants to Get Paid in Crypto, Survey Finds

A fifth of French workers would like to receive all or part of their salaries in crypto, a survey has found.

28.06 / 01:57

UPS BTC Adoption Digital CEO Bitcoin El Salvador Serves as a ‘Beachhead’ in Bitcoin Battleground, Says Samson Mow

The JAN3 CEO Samson Mow has claimed that El Salvador can serve as a “beachhead” in the battle for global Bitcoin (BTC) adoption – and suggested other LATAM nations could “easily” follow the country’s lead.

28.06 / 00:01

Adoption ETF inflation Bitcoin Bitcoin Price NOT Bitcoin price surge Bitcoin price surge will come from retail, not institutions: Fireblocks CEO

While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it's going to be the retail investors that ultimately drive any significant price surges, according to Michael Shaulov, the CEO and co-founder of institutional custody platform Fireblocks.

27.06 / 22:07

Blockchain Ethereum Adoption Polygon layer2 Gnosis Worldcoin safe Worldcoin confirms it is the cause of mysterious Safe deployments

Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin developer Tools for Humanity.

27.06 / 19:11

Blockchain Ethereum Adoption Social Media Polygon identity New Web3 ID app lets users find each other based on proven interests

A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users connect apps they regularly use, such as Spotify, Steam, Apple Music and others. Based on their behavior in these apps, Quivr generates blockchain badges that prove their interests or membership within communities, which can then be used as a way of identifying users who have common interests.

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