Adoption Financial News

17.05 / 04:21

business Blockchain Adoption Payments Smart Contracts DLT Financial Services TradFi Lobby Distributed ledger tech could save TradFi $100B a year: Lobby group

Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA).

16.05 / 19:47

Blockchain Technology Adoption Scams Fraud Tech Bitcoin Crypto scams Can you recover stolen Bitcoin from crypto scams?

The process of recovering stolen Bitcoin (BTC) from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies has led to an increase in scams and other fraudulent practices that prey on the gullible. Numerous people have suffered significant financial losses as a result of falling for different crypto scams, such as phishing, rug pulls and hacker attacks.

16.05 / 18:17

Blockchain Adoption wallet Social Media identity Power Are we underestimating the power of digital identity?

In this era of rapidly evolving digital landscapes, digital identity has emerged as a fundamental aspect not only of online presence but even more so of digital lives. While digital identity has enabled consumers to access services, build trust, and personalized digital experiences, the true potential of digital identity reaches far beyond these conventional realms. It stands as a crucial catalyst for a significant change in financial empowerment, ushering in a transformative era of digital transactions.

16.05 / 14:21

Adoption defi Trading Tokens Decentralized Exchange Decentralization The role of central limit order book DEXs in decentralized finance

A central limit order book (CLOB) is a digital platform or system that facilitates trading financial instruments such as stocks, bonds, commodities or cryptocurrencies. It is a critical component of modern electronic trading and is used by financial exchanges, marketplaces, and trading venues to compare buy and sell orders from various market participants.

16.05 / 10:03

Blockchain Adoption Investments Trading index New crypto index platform makes cryptocurrency investing easier for novices and professionals

Investing has always been an important tool for boosting financial success, especially as inflation increases, and it becomes harder for people around the world to make ends meet. By adopting even a beginner investment strategy, many have found a solution to stay ahead of rising costs and build their wealth over time. Now, with the introduction of the cryptocurrency market, some investors have shown just how life-changing a small investment can make, as larger fluctuations generate higher profits and 24/7 operation times pave the way to a level of flexibility and convenience for those that work a nine-to-five job.

16.05 / 09:55

Adoption regulation Europe European Union MICA EU Council approves MiCA for clear crypto regulation

European Union Council members have given the final green light on the highly-anticipated Markets in Crypto-Assets (MiCA) legislation following a voting process on May 16.

16.05 / 06:05

Adoption virtual reality Metaverse Virtual Property interview Digital assets should be valued as ‘proper property’ — Sandbox co-founder

Digital assets such as cryptocurrencies and non-fungible tokens (NFTs) should be recognized as legitimate property, especially as more of the world's population goes digital, argues the co-founder of The Sandbox.

16.05 / 05:21

business Adoption Altcoin Apple virtual reality Metaverse Apple's new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.

15.05 / 10:49

business Technology Adoption Amazon Tech Amazon implements AI to enhance logistics and delivery speeds

Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers.

15.05 / 09:11

Technology Adoption privacy security vpn Tech How to use a VPN for online security and privacy

A Virtual Private Network (VPN) is a technology that establishes a secure and encrypted connection between your device and the internet. It creates a private network over a public network, such as the internet, allowing you to browse the web securely and privately.

15.05 / 06:07

Blockchain Adoption Bitcoin Payments Bitcoin Community Bitcoin Bitcoin Price Primordial NFT? Someone tried to sell a JPEG for BTC months before Bitcoin Pizza Day

Crypto Twitter was briefly set ablaze on May 14 with a suggestion that the world’s first real-world purchase made by Bitcoin may have been for a JPEG, not pizza.

15.05 / 05:37

Adoption Gold Dollar Reserve Bank of Zimbabwe Backed Warning Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.

15.05 / 01:43

Adoption wallet Bitcoin Wallet Bitcoin Bitcoin Price Bitcoin addresses holding 1 BTC or more reach one million: Glassnode

The number of Bitcoin (BTC) wallet addresses holding one whole BTC or more has surpassed the one million mark.

12.05 / 18:47

Adoption Investment Crypto funds 10T Private Equity Firm Seeks $200 Million for New Crypto Startup Investment Fund

Crypto-focused investment firm 10T Holdings is launching a new digital-asset startup investment fund seeking to raise $200 million from investors.

12.05 / 17:59

Dogecoin Adoption Altcoin Shiba Inu From DOGE to PEPE: The evolution of memecoins and the search for substance in the crypto industry

As the crypto industry continues to evolve, there has been a growing interest in “memecoins” — digital assets that often have little to no underlying value, but instead rely on internet culture and social media hype to gain popularity. From the meteoric rise of Dogecoin (DOGE) to the recent launch of the Pepe memecoin (PEPE), these coins have captured the attention of the masses and have even seen some success in the market. However, as the market matures, the pressure is on for crypto projects to offer more than just a catchy name or meme-worthy mascot.

12.05 / 14:29

Art Adoption defi Web3 Virtual Property Intellectual Property Web3 community-building meets music technology at Wavelengths Summit 2023

Web3 has become one of the hottest buzzwords in the music industry, with everyone from independent musicians to major label artists dropping nonfungible token (NFT) collections and throwing concerts in the metaverse. But for many, the actual use cases and potential of these technologies remain shrouded in mystery and confusion.

12.05 / 14:13

Technology Adoption Cybersecurity security Fraud Cybercrime Tech How to protect your identity online

In today’s digital age, protecting one’s identity online is more crucial than ever. The internet has facilitated communication and information sharing between people, but it has also facilitated identity theft and the theft of personal data by hackers. This article will go through some practical strategies for protecting your online identity.

12.05 / 14:13

business Adoption wallet Cybersecurity security Mobile Wallet New tech could make crypto and Web3 wallets more convenient

The foundation of the Web3 ecosystem is the wallet, an app or browser extension that lets users verify their web identities and authorize transactions. But using a wallet has always involved a steep learning curve. New users must learn to copy down their seed words and store them in a safe place, create a strong password to encrypt their keystore file, copy addresses accurately when sending funds, and other things they may never have to learn when using a Web2 app.

12.05 / 08:35

Blockchain Adoption Europe Web3 Metaverse Lufthansa, Eurowings, other travel industry players push forward with Web3

After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future.

11.05 / 21:57

Blockchain Adoption regulation Banks Federal Reserve AML identity Reserve Federal Reserve's FedNow will integrate with Metal Blockchain

The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain team. The announcement said that the integration will allow Metal users to instantly convert funds to stablecoin and back again using FedNow’s “send/receive” function.

11.05 / 19:29

business Ethereum Adoption PayPal MetaMask MetaMask rolls out ETH purchases via PayPal to US users

Crypto wallet MetaMask has started rolling out Ether (ETH) purchases via PayPal for users in the United States — one of Metamask's biggest markets. The company claims to be the first Web3 wallet to offer ETH transactions via PayPal.

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