Adoption Financial News

17.04 / 22:01

Stablecoin CBDC Adoption Payments Bank of England Bank of England preparing for greater role of tokenization in finance, official says

Bank of England deputy governor Sir Jon Cunliffe spoke at the Innovative Finance Global Summit in London on April 17 about the development of tokenization. The UK’s central bank is currently exploring tokenization in bank money, non-bank money and central bank money and the ways tokenized assets will interact.

17.04 / 14:39

business Adoption Ripple Banks Ripple-based MoneyTap adopted by three Japanese banks

Ripple-based payment system MoneyTap continues growing in Japan, with several local banks opening access to the application for their clients.

17.04 / 13:05

business Government Law Adoption Binance exchanges Bitcoin Price Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape

A peer-to-peer (P2P) cryptocurrency exchange is an online marketplace that connects buyers and sellers of cryptocurrencies like Bitcoin (BTC). The platform enables them to conduct direct business with one another without the need for intermediaries.

17.04 / 11:25

Adoption regulation Bank of China Crypto Companies China’s state-affiliated banks are on-boarding crypto companies in Hong Kong

Hong Kong’s push to become a crypto hub has opened an opportunity for not just crypto companies but many state-affiliated banks in China as well. The Chinese banks have shown interest in building partnerships and onboarding regulated crypto companies in Hong Kong, despite a blanket bank on crypto-related activities in mainland China.

17.04 / 06:43

Ethereum Adoption defi Ether price data Staking Withdrawals Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH

Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.

17.04 / 05:49

business Blockchain Adoption defi Altcoin Internet Cosmos Standard Blockchains need an interoperable standard to evolve, say crypto execs

Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say.

16.04 / 13:15

Blockchain Technology Adoption defi Tech Job 5 tips for landing a tech job

In today's tech industry, there is a high demand for professionals with expertise in fields such as artificial intelligence, data science, cybersecurity, and cloud computing. Companies are seeking individuals with a combination of technical and soft skills, including strong communication, problem-solving, and collaboration abilities.

16.04 / 08:11

Stablecoin Adoption Payments regulation bills legislation P2P Payments hearing committee Circle exec to join US Congressional committee hearing on stablecoin payments, legislation

The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not the ecosystem needs supporting legislation.

16.04 / 06:23

business Adoption Machine Learning elon Elon Musk reaffirms AI's potential to destroy civilization

While tech giants across the world work on materializing the idea of having a generative artificial intelligence (AI) to aid humans in their daily lives, the risk of the nascent technology going rogue remains imminent. Considering this possibility, Tesla and Twitter chief Elon Musk reminded the people of AI’s potential to destroy civilization.

15.04 / 21:45

Stablecoin Adoption regulation white house U.S. Congress to introduce new draft bill for stablecoins

A new draft bill providing a framework for stablecoins in the United States was published on the House of Representatives' document repository, a few days before a hearing on the topic on April 19. The draft puts the Federal Reserve in charge of non-bank stablecoin issuers, such as crypto firms Tether and Circle, respectively issuers of Tether (USDT) and USD Coin (USDC).

15.04 / 15:47

Government Ethereum Adoption regulation us government Open Source Bitcoin Fight between crypto and governments “just getting started”, says ShapeShift CEO

Despite the unprecedented regulatory pressure that crypto has been facing recently in the United States, the fight between the American government and the crypto industry has just started, believes ShapeShift CEO Erik Voorhees.

15.04 / 05:57

business Adoption Amazon elon Elon Musk reportedly plans AI start-up to rival ChatGPT-maker OpenAI

Tech entrepreneur Elon Musk is reportedly developing plans to create an artificial intelligence (AI) startup to compete with ChatGPT-maker OpenAI, one of the most popular generative AI companies he co-founded in 2015.

14.04 / 22:27

Blockchain Ethereum Adoption privacy Cybersecurity data MetaMask MetaMask third-party provider was hacked, exposing email addresses

The email addresses of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket to MetaMask between August 1, 2021 and February 10, 2023.

14.04 / 22:27

Ethereum Adoption defi Ethereum Price Proof-of-stake Staking Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

14.04 / 17:25

business Blockchain Technology Ethereum Adoption Bitcoin L2 Moving beyond the blockchain trilemma: L1 vs. L2

As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin (BTC). While this may seem impressive, let’s face it — blockchain technology has come a long way since Bitcoin’s inception in 2009.

14.04 / 15:37

Blockchain Technology Adoption Decentralization Tech Bias in AI: What can blockchains do to ensure fairness?

Projects rooted in artificial intelligence (AI) are fast becoming an integral part of the modern technological paradigm, aiding in decision-making processes across various sectors, from finance to healthcare. However, despite the significant progress, AI systems are not without their flaws. One of the most critical issues faced by AI today is that of data biases, which refers to the presence of systemic errors in a given set of information leading to skewed results when training machine learning models.

14.04 / 15:37

Stablecoin Adoption Europe Tether European Union Usd Coin Future Crypto in Europe: Economist breaks down MiCA and future of stablecoins

In October 2022, the European Union finalized the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the days of an unregulated crypto market in the EU may soon be over. The MiCA regulations introduce clear guidelines for handling cryptocurrencies and consumer protection, and divide crypto assets into different sectors, each subject to specific rules.

14.04 / 15:13

Adoption Crime Ripple security Police Paxos HashKey Today in Crypto: Hackers Steal $23M from Bitrue, Canon USA to Launch NFT Marketplace, HashKey Launches Wealth Management Platform, Ripple Reveals Liquidity Hub

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

14.04 / 13:19

Blockchain Stablecoin Adoption Paxos Enterprises should seek partners and solutions during the crypto winter: Paxos report

Blockchain infrastructure provider Paxos has recently published a report, that aims at helping the community look beyond the crypto winter and understand how to respond to the current market conditions.

14.04 / 09:35

Adoption HashKey Digital Asset Firm HashKey Announces Wealth Management Service Launch Amid High Investor Demand – Bull Market Confirmed?

Hong Kong-based digital asset firm HashKey Group has enhanced its Over-the-Counter (OTC) trading business and launched a new wealth management business line amid increasing investor demand.

14.04 / 08:57

Adoption regulation Social Media Metaverse Meta Meta Ceo Metaverse for youth: Meta urged to ban minors from virtual world

Advocacy organizations and safety groups have urged Mark Zuckerberg’s social media giant Meta to halt plans allowing minors into metaverse.

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