Adoption Financial News

24.05 / 10:25

Blockchain Adoption NFT defi Crypto Collectibles mistakes Top 5 mistakes to avoid when launching a new NFT collection

Nonfungible tokens (NFTs) have grown rapidly, and today, are in a league of their own. This new asset class has much to offer and can empower creator economies, but it has to filter out toxic speculators first. Because of the rapid development of NFTs, many artists and creators have launched collections for the sake of generating rapid profits rather than providing long-term value to communities.

24.05 / 10:01

Government Adoption Africa IMF Bitcoin IMF optimism in Central African Republic, despite Bitcoin adoption

The Central African Republic (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopted Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing the leading cryptocurrency.

24.05 / 08:23

business Technology Adoption Web3 Metaverse Backed Chinese city launches govt-backed metaverse platform

Nanjing City, the capital of Jiangsu Province in China, on May 22, inaugurated the China Blockchain Technology and Application Innovation Platform. This government-supported platform aims to foster and advance metaverse research and development across the country.

24.05 / 07:17

business Blockchain Adoption Hardware Wallet Ledger Open Source LedgerX recovery open Ledger key recovery service paused amid backlash, will open-source code

Hardware wallet company Ledger is postponing the launch of Ledger Recover following an intense week of criticism from the crypto community.

24.05 / 07:17

Adoption regulation policies Pakistan aims to produce 1 million AI-trained IT graduates by 2027

Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy to spur the growth of artificial intelligence (AI).

24.05 / 07:17

Technology Adoption Software Tech generative AI Blizzard and Adobe tap generative AI tools to be 'co-pilot' to humans

Generative artificial intelligence tools are being rolled out by tech firms Adobe and Activision Blizzard, though each claimed the AI tools are there to assist humans in creating content and will not replace jobs.

24.05 / 07:17

CBDC Adoption regulation Bank of Russia lawmakers Ruble Russian lawmakers propose amendments to digital ruble bill

As the digital ruble project proceeds through Russian parliamentary hearings, lawmakers have proposed significant amendments to the bill, aiming to change the original document regarding debt operations, services for non-residents and the role of the central bank.

24.05 / 07:17

Blockchain CBDC Adoption regulation Research CBDCs on the horizon: The current state of CBDC initiatives around the world

Central bank digital currencies (CBDCs) have long been a topic of contested discussion, having often been met with a predominantly negative response in the crypto community. However, despite the skepticism, CBDCs undeniably serve as a significant use case for blockchain technology.

21.05 / 13:59

Technology Adoption YouTube Tech How To What is a VTuber, and how do you become one?

Virtual YouTubers, also known as VTubers, rose in popularity in recent years. VTubers employ computer-generated avatars to produce material for their channels. VTubers are especially well-liked in Japan and other Asian nations, but the craze is gradually catching on everywhere else.

21.05 / 06:55

Adoption Donations Bitcoin Elections Ramaswamy US Presidential US Presidential candidate Vivek Ramaswamy to accept Bitcoin for campaign donations

Vivek Ramaswamy becomes the second Presidential candidate in the United States to officially accept Bitcoin (BTC) donations for the upcoming 2024 elections.

21.05 / 05:01

Adoption interview Bitcoin Bitcoin Price end Bitcoin set to 'tick, tick, tick' by the end of 2023: DeFi exec

Bitcoin (BTC) is poised to claim the cryptocurrency throne by the end of 2023, as its superiority “is going to be clear” in every aspect, according to Fedi’s CEO.

20.05 / 19:11

business Adoption Investments cryptocurrency investment gone Bitcoin FOMO is gone, portfolio managers are taking BTC seriously — 3iQ CEO

As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a "serious venue" to invest in, claims Fred Pye, CEO of 3iQ, Canada's first Bitcoin fund issuer.

20.05 / 13:13

Adoption Cloud Services Cloud Storage Tech How to use cloud storage effectively

Cloud storage has revolutionized the way we store, access and share data. It has evolved into a vital resource for both individuals and companies because of its many benefits, including scalability, accessibility and cost-effectiveness. However, it is crucial to use cloud storage wisely if one wants to fully realize its potential. This article provides some strategies on how to maximize the benefits of cloud storage and improve the user experience.

20.05 / 10:57

Blockchain Adoption Supply Chain Agriculture From farm to cup: How blockchain is used in the coffee supply chain

Blockchain has a lot to offer to agriculture, helping the oldest industry reach a new dimension. Everything related to data and transactions can be enhanced with traceability, security, and speed. All of these features and benefits can transform agriculture and help it scale. With demand for food and agricultural products expected to jump 70% by 2050, scaling is more than a necessity.

20.05 / 08:41

business Facebook Adoption Social Media Decentralization Meta Instagram Instagram to reportedly launch text-based app to rival Twitter

In a secret meeting with select creators, Instagram’s parent company, Meta, reportedly revealed its plan to launch a text-based conversation app. The leaked screenshots of the alleged upcoming app show a user interface similar to Twitter.

20.05 / 06:47

business Adoption Hardware Wallet update Ledger Seed Phrase Ledger co-founder clarifies "there is no backdoor" in Recover firmware update

The launch of Ledger Recover, a service that allows users of the Ledger hardware wallet to back up their secret recovery phrases, met with immense resistance from the crypto community. Ledger co-founder and ex-CEO Éric Larchevêque took the criticism against Ledger as “a total PR failure, but absolutely not a technical one.”

20.05 / 03:53

Adoption Payments Tether Bitcoin Payments Bitcoin Regulation Bitcoin Strike moves global headquarters to El Salvador, expands to 65 countries

Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina.

19.05 / 21:53

business Adoption Latin America Tether Support Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market

Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits and vegetables in Latin America. The move was enabled by a partnership between the stablecoin issuer Tether and on-/off-ramp platform KriptonMarket.

19.05 / 21:33

Ethereum Adoption wallet Bitcoin Wallet Bitcoin Self Custody Multisignature Ethereum users are increasingly demanding self-custody: Casa CTO

The demand for Ethereum self-custody solutions is growing, according to Jameson Lopp, co-founder and chief technology officer of Bitcoin wallet provider Casa. In a conversation with Cointelegraph at Bitcoin 2023, Lopp stated that Casa has found it necessary to provide Ethereum support due to the increased number of Ethereum users seeking the service.

19.05 / 19:19

CBDC Adoption Federal Reserve Cross-border NY Fed and MAS publish joint CBDC cross-border payment project results

The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published the results of their joint Project Cedar Phase II x Ubin+ (Cedar x Ubin+). The project examined the use of central bank digital currency for wholesale cross-border payments using one or more vehicle currencies.

19.05 / 17:19

Blockchain Technology Adoption Mainstream From barrier to breakthrough: Solving UX can catalyze mass adoption of crypto

Let’s be honest — it is hard to envision the mass adoption of crypto. As exciting as it is to imagine a world where crypto banking is as common as discussing the weather, or where classrooms are abuzz with conversations about the latest developments in the crypto space, the reality is the industry is a considerable distance away from this widespread acceptance.

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