Adoption Financial News

10.02 / 19:55

Blockchain Ethereum Adoption NFT defi Internet play Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems

In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of interoperability in Web3 and the Metaverse.

10.02 / 18:59

Blockchain BLOCK Adoption CEO Action BitMEX Cointelegraph Next batch of Cointelegraph’s Top 100 ranking for 2023 is here

On Feb. 8, Cointelegraph released its annual Top 100 list of the most impactful heroes and villains for 2023. The list is being released in batches of 10, counting down the top players in the crypto space based on their actions and headlines in 2022 and their expected impact for 2023. So far, Cointelegraph has released numbers 81–100.

10.02 / 17:19

Law Adoption Binance regulation Dubai Crypto projects respond to privacy coin ban in Dubai

The Virtual Asset Regulatory Authority (VARA) recently provided the much-awaited guidelines for virtual asset service providers (VASPs) in Dubai, United Arab Emirates, which included a ban on privacy coins.

10.02 / 17:19

Blockchain Technology Adoption Mining Bitcoin The history of mining: From the stone age to the digital era

Mining is the process of extracting valuable minerals, metals and other resources from the earth. This may entail extracting minerals from underground deposits or from the earth’s surface. The minerals and resources extracted through mining are used for a wide range of purposes, including energy production, construction and manufacturing.

10.02 / 17:19

Adoption Payments Investments PayPal Bitcoin end PayPal held $604M in Bitcoin and other crypto by the end of 2022

Global payment giant PayPal holds a significant part of its financial liabilities in cryptocurrencies like Bitcoin (BTC) offered to its customers.

10.02 / 14:19

Blockchain CBDC Adoption Research National China to launch national blockchain research center

Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.

10.02 / 05:15

business Ethereum Adoption SEC security Kraken us government ‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown

Members of the crypto community are seemingly outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States.

09.02 / 17:41

Blockchain UPS Adoption Cointelegraph Cointelegraph Top 100 of 2023: Heroes and villains from 81-90 out now

On Feb. 8, Cointelegraph unveiled its list of the Top 100 most impactful players in the crypto industry for 2023. The list is being released in increments from the bottom up, starting by unveiling 10 names each weekday up until the final 10. On Feb. 9, entries 81 through 90 were revealed.

09.02 / 17:15

Blockchain Technology Adoption defi Software community Science open The importance of open-source in computer science and software development

Open-source refers to the practice of making source code freely available to the public, allowing anyone to view, modify and distribute the code. In computer science and software development, open source is important for several reasons, as explained in the below sections.

09.02 / 17:15

Government Law Adoption regulation SEC security us government Crypto and securities: New interpretation of US Howey test gaining ground

The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC coin were not securities sales. John Deaton, who represents Ripple in court in the SEC’s case against it, was so excited that he created a video for his Twitter-hosted CryptoLawTV channel that evening.

09.02 / 16:49

Adoption Digital Asset BNY 90% of BNY Mellon's Institutional Clients are Interested in Digital Assets: Report

The bulk majority of Bank of New York Mellon's clients are interested in investing in digital assets despite the recent market meltdown.

09.02 / 15:17

Adoption NFT Metaverse Here’s a list of countries that love the metaverse the most

A recent analysis of more than a million tweets showed a list of countries that love and hate the metaverse, with Vietnam showing the most love for the concept and Ireland topping the opposite side of the spectrum.

09.02 / 15:17

Blockchain Ethereum Adoption NFT Sport Fan tokens Chiliz launches layer-1 blockchain to expand fan token ecosystem

Five years on from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth.

09.02 / 13:35

business Adoption Mining regulation Mining Pools Russian government subsidizes crypto mining facility in Siberia

The crypto mining industry has faced moratoriums in some parts of the U.S. and Canada in recent months. Now, Russia provides tax incentives for those who want to invest in crypto mining. The new $12 million crypto mining center will open in East Siberia with the direct support of the government.

09.02 / 08:57

business Blockchain Adoption goldman sachs Bitcoin BNY US banking giant BNY Mellon says digital assets are 'here to stay'

Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets.

09.02 / 07:57

business Adoption Payments NASDAQ Federal Reserve Bitcoin Payments provider Affirm to sunset crypto program after 19% staff cut

Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment.

09.02 / 04:29

business Adoption Robinhood wallet Report fees transactions Fried Sam stake Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake

Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.

08.02 / 20:21

Adoption NFT A tribute to hardworking heroes: A Hard Working Man – Blue Collar Pass

In 2022, the concept of nonfungible tokens (NFTs) faced criticism from those who questioned their utility. However, the team behind the “A Hard Working Man” (AHWM) digital collectibles project is eager to change that perception. In collaboration with Cointelegraph and Animal Concerts, the team behind the hit single “A Hard Working Man” — including Grammy-award-winning production duo The Avila Brothers — is releasing an NFT collection with real utility featuring hip hop icon Snoop Dogg and country music mogul Billy Ray Cyrus.

08.02 / 19:51

Blockchain UPS Adoption Compilation Cointelegraph Cointelegraph launches the Top 100 list of crypto heroes and villains, 2023 edition

After a turbulent 2022 in the crypto sector, people are hoping for brighter times in 2023. For the fourth consecutive year, Cointelegraph is unveiling its list of the Top 100 most influential in the crypto and blockchain space, weighing the impact of 2022 and the potential ahead for 2023. Over the course of the next three weeks, Cointelegraph will release the list’s entries, starting from 100.

08.02 / 19:51

Adoption defi security Financial Services Financial Systems DeFi securitization of real-world assets poses credit risks, opportunities: S&P

DeFi’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings.

08.02 / 18:51

Government Law Adoption regulation Drugs us government Congress Crypto and psychedelics: Clarifying regulations could help industries grow

This year, investors are watching for big spikes in biotech companies working with psychedelics, especially as the once-controversial compounds return to the spotlight touting mental health benefits — and uniting lawmakers at the United States Capitol across party lines.

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