Adoption Financial News

08.04 / 12:29

Blockchain Adoption Web3 Decentralization Internet Here’s why Web2.5 could be the missing piece of the puzzle in daily digital lives

According to the latest data released by Statista, the number of internet users around the world reached 5.16 billion in January 2023, representing a staggering 64.4% of the worldwide population.

08.04 / 10:37

Adoption Airdrop Thailand Opposition Leader Vows $300 Crypto Airdrop If Elected Prime Minister – Here's What You Need to Know

The opposition leader of Thailand has promised to airdrop 10,000 baht ($300) in digital currency to anyone 16 or over should his Pheu Thai Party win the next election.

07.04 / 18:17

business Adoption Report Research recovery Bitcoin leads crypto market recovery as regulators turn up heat: Report

March has been a turbulent month for the crypto industry. Bitcoin (BTC) recorded its highest weekly close in 10 months and raised hopes among many that the bear market is over. One of the key drivers of this expectation was a series of banking collapses in the United States. This made investors hope for falling interest rates later this year, despite Federal Reserve Chair Jerome Powell’s insistence that lower rates were not part of the base scenario for 2023.

07.04 / 13:19

Adoption regulation wallet Europe European Union identity data privacy Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

On March 15, the European Parliament voted 418 to 103 (with 24 abstentions) in favor of negotiating a mandate for talks with the European Union member states about revising the new European Digital Identity (eID) framework and creating the “European Digital Identity Wallet,” also known as EUDI Wallet or EU wallet.

07.04 / 13:19

Technology Adoption Sport virtual reality Science Top 5 VR sports games

Virtual reality (VR) games are video games that can be played using VR technology, which immerses the player in a simulated world. Players interact with the game world more immersively and realistically by donning a VR headset that records their motions and renders the game world in 3D. The popularity of VR gaming has grown over the past several years as the technology has become more accessible and affordable.

07.04 / 09:47

Blockchain Technology Adoption Web3 Decentralization Here’s how blockchain and AI combine to redefine data security

The generative abilities of conversational artificial intelligence such as ChatGPT and Midjourney paved the way for better tools to utilize and benefit from data. However, the AI trend also enabled the rise of fake data and fabricated files. For example, with the advanced content creation capabilities of AI, fake images have become indistinguishable from authentic pictures.

07.04 / 07:43

Adoption CoinGecko NFT Report Crypto Collectibles CryptoKitties 25% of NFT owners have a collection of 51 or more – CoinGecko Report

Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents.

06.04 / 23:51

business Blockchain Ethereum Adoption defi Smart Contracts layer2 zkSync zkSync Era denies 921 ETH 'stuck forever' in smart contract

Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) worth $1.7 million will be "stuck forever" in one of its new projects.

06.04 / 18:51

CBDC Adoption Federal Reserve White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’

Robert F. Kennedy Jr. filed documents with the United States Federal Election Commission on April 5 to run as a Democratic presidential candidate in 2024, according to multiple news reports. He is expected to officially announce his candidacy on April 19 in Boston, Massachusetts. As reports of his candidacy spread, Kennedy tweeted his position on central bank digital currency (CBDC).

06.04 / 14:13

Blockchain Adoption Web3 security Web3 protection platform introduces improved detection mechanics in latest update

Web3 implies the transition of data from servers controlled by centralized entities to community-driven decentralized infrastructures. Every major transformation is a gradual process with many challenges and can be exploited by malicious actors. The same is true for Web3, which is plagued with social engineering attacks and security breaches as it advances toward a cohesive global infrastructure.

06.04 / 14:13

Law Adoption regulation Religion Asia Middle east Financial Islam and crypto: How digital assets can comply with Islamic financial law

Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or paying of interest on loans and emphasizes ethical and equitable financial transactions.

06.04 / 14:13

Blockchain Stablecoin Adoption regulation Japan pushes for friendlier environment for crypto with Web3 proposals

The Web3 project team of Japan’s ruling Liberal Democratic Party has released a white paper containing suggestions for expanding the country’s industry, which has been incorporated into the national strategy by Prime Minister Fumio Kishida’s administration.

06.04 / 13:11

Technology Adoption Science financial literacy 9 examples of artificial intelligence in finance

Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry:

06.04 / 12:29

business Blockchain Adoption Cardano Podcast Charles Hoskinson: Cardano delays due to betting on wrong tech, ambitious roadmap

Charles Hoskinson, the co-founder of Ethereum and founder of Cardano, joins Elisha Owusu Akyaw on episode 14 of Cointelegraph’s Hashing It Out podcast to discuss the current state of crypto and take a deep dive into Cardano. Hoskinson gives his perspective on the recent happenings in the industry, crypto adoption in Africa and more. He also addresses issues surrounding Cardano, including delayed updates.

06.04 / 09:31

Adoption Investments cryptocurrency investment Central Bank Bitcoin foreign Foreign investment Low Nigerian crypto foreign investment is at a record low: Study

The largest economy in Africa has a foreign investment problem despite the exponential growth in crypto adoption.

06.04 / 09:21

Adoption Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.

06.04 / 07:19

business Law Adoption Binance CFTC us government Court Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report

Trading firms Jane Street Group, Tower Research Capital and Radix Trading have been reportedly identified as Binance’s three “VIP” clients that were cited anonymously in the recent lawsuit filed against Binance by the United States commodities regulator.

06.04 / 05:59

business Adoption OpenAI faces Canadian privacy probe alleging personal info harvesting

OpenAI, the creators of artificial intelligence (AI) chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for alleged collection and use of personal information without consent.

06.04 / 04:05

Blockchain Law Adoption coinbase Court Coinbase supports new court action to remove Tornado Cash ban

The United States Treasury faces a renewed legal challenge that aims to overturn the decision to sanction the crypto mixer Tornado Cash from six individuals backed by cryptocurrency exchange Coinbase.

05.04 / 22:29

CBDC Adoption Latin America Peru considering CBDC to improvement payment system: Former IMF adviser

The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to a retail CBDC.

05.04 / 21:59

Technology Adoption privacy DAO Tech ChatGPT OpenAI needs a DAO to manage ChatGPT

ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues.

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