Adoption Financial News
23.06 / 21:13
business
Adoption
regulation
Wirex
Debit Cards
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of stoppage was triggered by Lithuania’s central bank revoking the license of UAB PayrNet, Wirex’s card provider.
23.06 / 20:47
Ethereum
Adoption
Polygon
Bitcoin
zk-Rollup
Etherscan
Etherscan launches AI-powered Code Reader: 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.
23.06 / 16:43
Adoption
Report
Research
Bitcoin
Robust crypto fundamentals pull through after May’s monthly red candle: Report
In May, Bitcoin (BTC) posted its first monthly loss since December 2022 with a negative 6.98%. However, this consolidation was not obviously driven by a change in fundamentals or the broader macroeconomic environment. The crypto market was looking for direction and liquidity in this phase before the United States Federal Reserve announced a pause on the rate hiking cycle in June.
23.06 / 14:25
business
event
Adoption
Banks
Seba Bank
Rising institutional interest is a 'bullish' sign for crypto: SEBA Bank exec
As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather than a question of “if” according to an executive from institution-focused crypto firm SEBA Bank.
23.06 / 13:13
Technology
Adoption
Bitcoin
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
A bathhouse in Brooklyn, New York, has left users on Instagram and Twitter divided after it revealed that it is using Bitcoin (BTC) mining rigs to heat its spa.
23.06 / 11:25
Blockchain
Adoption
regulation
services
regulatory approval
regulatory
Crypto.com receives regulatory approval to offer crypto services in Spain
Singapore based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider (VASP) registration from the Bank of Spain. The regulatory approval would allow the exchange to offer a range of crypto-focused services to customers in Spain, a country which has shown a positive crypto stance in recent times.
23.06 / 09:23
Adoption
Tokens
Forensic analysis can benefit from tokenization: World Token Summit panel
At the recent World Token Summit 2023 event held in Dubai, a panel discussed how the adoption of tokenization can be scaled further through various tools like address tracking and forensics analysis.
23.06 / 09:23
Adoption
economy
economics
financial literacy
BRICS
BRICS: History, objectives and an overview of the global alliance
BRICS is an acronym that represents an alliance of five major emerging economies: Brazil, Russia, India, China and South Africa. Jim O’Neill, an economist at Goldman Sachs, coined the phrase in 2001 to emphasize the combined potential of these countries in the global economy.
23.06 / 06:15
23.06 / 02:29
22.06 / 23:09
Blockchain
Adoption
VISA
regulation
European Union
Debit Cards
safe
Cryptopay EU card provider loses license, company says card funds are safe
The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its customers. The company recommends to EU cardholders that they should immediately spend or transfer funds from their cards. Funds held in the app’s accounts are safe, Cryptopay told Cointelegraph.
22.06 / 20:19
CBDC
Adoption
Europe
European Union
ECB
Euro
digital euro
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
The digital euro holds something in store for every stakeholder, Governor of the Banque de France François Villeroy de Galhau told commercial bankers on June 22. Disintermediation is not in the works, he said at the Global Official Institutions Conference hosted by French multinational bank BNP Paribas.
22.06 / 17:19
Blockchain
Adoption
defi
security
Insurance
Neptune
DeFi and the importance of insurance protocols — Interview with Neptune Mutual
The vast potential of decentralized finance (DeFi) is frequently overshadowed by the risks associated with crypto markets and decentralized platforms. The lack of reliable insurance policies leads to users becoming susceptible to losing funds in the event of hacks or exploits, which is happening more often as the DeFi ecosystem grows.
22.06 / 14:21
business
Adoption
Machine Learning
How AI is changing the way humans interact with machines
The past 12 months have seen the global digital paradigm evolve tremendously, especially regarding how humans interact with machines. In fact, the space has undergone such a radical transformation that people of all ages are now fast becoming conversant with artificial intelligence (AI) models, most popularly OpenAI’s ChatGPT.
22.06 / 14:21
Adoption
regulation
education
Asia
ChatGPT
Schools
generative AI
Limited generative AI usage to be allowed in Japanese schools
The Japanese Ministry of Education, Culture, Sports, Science and Technology plans to allow schools from elementary to high school level limited usage of generative artificial intelligence (AI) in classrooms.
22.06 / 14:21
Art
Adoption
NFT
Europe
Faroe Islands postal service issues NFT-embedded stamps
The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as actual postage.
22.06 / 12:35
Art
Adoption
NFT
Artists
How NFTs help to empower Ukrainian artists and preserve fragile art — Q&A with CityX
The ongoing war in Ukraine has had devastating consequences, including the destruction of cultural and historical objects. As the conflict continues, it is critical to protect Ukrainian artworks and cultural heritage. By using innovative technologies such as blockchain and nonfungible tokens (NFTs), art enthusiasts can ensure the protection and longevity of Ukrainian art, allowing future generations to appreciate and learn from its profound significance.
22.06 / 11:13
business
Technology
Adoption
IBM
Commentary
Wimbledon 2023 to feature AI-generated highlights commentary
In an effort to enhance fan engagement, this year's Wimbledon tennis tournament will incorporate artificial intelligence (AI)-powered commentary and player analysis, enabling fans to connect with the championship on a more profound level.
22.06 / 09:45
business
Adoption
ETF
Investments
Bitcoin
Bitcoin Equities ETF hits Euronext Amsterdam stock exchange
The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.
22.06 / 09:13
Technology
Adoption
Tech
Coding
5 coding bootcamps for jumpstarting your tech career
Coding bootcamps offer immersive programs in various fields of technology, providing comprehensive training, hands-on projects and career support to help you succeed in the industry.
22.06 / 06:17
business
Blockchain
Adoption
Ripple
XRP
SEC
services
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.
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