Adoption Financial News

16.06 / 14:39

Blockchain Ethereum Adoption Polygon Gaming Dapps Blockchain Game Power dApp Store kit adopts new tech stack to power Web3 gaming development

dApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help developers roll out Web3 games.

16.06 / 12:21

Technology Adoption Machine Learning Tech ChatGPT 7 alternatives to ChatGPT

While ChatGPT is a popular language model, there are several alternatives available for various natural language processing tasks. Here are seven alternatives to ChatGPT:

16.06 / 07:19

business Adoption ChatGPT ‘Hey Mercedes’ — Mercedes-Benz trials ChatGPT-powered voice control

Luxury car manufacturer Mercedes-Benz is integrating artificial intelligence into more than 900,000 vehicles as part of a new trial of a ChatGPT-powered voice assistant system.

16.06 / 07:19

Twitter Adoption Binance regulation Investments SEC Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’

Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense.

16.06 / 07:04

Blockchain Adoption Ripple XRP Europe European Union Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity

Cryptocurrency payments service Ripple (XRP) continues to see global adoption of its payment services despite a long-winded legal battle with the United States Securities and Exchange Commission over its XRP token.

16.06 / 06:49

business Adoption Investments TradFi NOT Investors want crypto, but not without TradFi backing: Nomura survey

Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed.

16.06 / 06:25

business Adoption regulation SEC Bitcoin Bitcoin Price Crypto industry 'destined' to be BTC-focused due to regulators: Michael Saylor

Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor.

16.06 / 06:11

Adoption Binance regulation SEC coinbase Hong Kong govt pressures banking giants to accept crypto clients: Report

The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges as clients.

16.06 / 05:53

business Blockchain Adoption exchanges Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report

According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget have more than $2 billion combined in nominal fiat protection funds. Meanwhile, Huobi’s insurance fund is collateralized by 20,000 Bitcoin (BTC), while Coinbase grants up to 150,000 British pounds ($189,140) worth of insurance to U.K. customers’ accounts. The Nansen researchers wrote:

16.06 / 05:44

business Adoption ETF regulation Investments SEC Bitcoin BlackRock's Bitcoin ETF ‘is the best thing to happen' to BTC, or is it?

BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden cost.

16.06 / 05:12

Government Blockchain Adoption Ripple XRP South America Ripple partners with Colombia’s central bank to explore blockchain technology

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger.

16.06 / 05:08

Adoption HSBC Bank of China Standard HSBC, Standard Chartered, and Bank of China Pressured by Hong Kong to Embrace Crypto Exchanges – Next Crypto Hub?

Hong Kong’s banking regulator has reportedly exerted pressure on banks including HSBC, Standard Chartered, and Bank of China to engage with crypto clients.

16.06 / 04:45

CBDC Adoption rights CBDC 'human rights' tracker revealed at Oslo Freedom Forum

The nonprofit Human Rights Foundation (HRF) has launched a central bank digital currency (CBDC) tracker, the organization announced at the same Oslo Freedom House event it hosts. The online tracker has published educational materials and a tip line. It is expected to become fully functional by year-end.

16.06 / 04:41

Blockchain Technology Adoption data Blockchain Storage Is blockchain technology ready for high-storage applications?

Web3 — the third generation of the internet — refers to a decentralized and distributed version of the web that uses blockchain technology, and other decentralized technologies, to enable greater user control, privacy and data ownership. It aims to redefine how we interact with digital services, moving from traditional centralized models to decentralized peer-to-peer networks.

16.06 / 04:28

Law Adoption regulation Forex Here's what Nigeria's naira float means for its crypto market

Nigeria, known for its growing adoption of cryptocurrencies, particularly Bitcoin (BTC), on June 14, floated the nation’s naira currency to allow banks and other forex market actors to trade the currency freely. This new policy can have several implications for crypto traders.

16.06 / 04:28

business Adoption Google Research Meta tech startups AI startup seed funding AI startup by ex-Meta and Google researchers raises $113M in seed funding

A brand new artificial intelligence (AI) startup dedicated to rival ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing up its valuation to $260 million within two months of inception.

16.06 / 03:52

business Adoption regulation Investments Report Funding AI automation could take over 50% of today’s work activity by 2045: McKinsey

In just 22 years, generative AI may be able to fully automate half of all work activity conducted today, including tasks related to decision-making, management, and interfacing with stakeholders, according to a new report from McKinsey & Co.

16.06 / 03:16

Adoption regulation Europe European Union Banks Central Bank Euro crypto law EU’s new crypto law: How MiCA can make Europe a digital asset hub

The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect.

16.06 / 02:46

Technology Adoption security Cloud Services Tech Top 7 IT certifications in demand

In today’s tech-driven world, certain IT certifications are highly sought-after. The top seven in-demand IT certifications are CISSP, PMP, CCSP, CDP, CCNP, CEH and AWS Certified Solutions Architect. Obtaining these certifications can open doors to lucrative career opportunities.

16.06 / 02:45

CBDC Adoption Digital Currency privacy Privacy should be considered in ‘potential retail CBDC’ — Treasury official

Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.

16.06 / 02:07

business Adoption Miami Bitcoin Elections Pro-Bitcoin Florida man Francis Suarez enters presidential race

Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for United States presidency in 2024.

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