Acala, a prominent parachain on Polkadot, has launched a $250 million ecosystem fund to boost the adoption of its stablecoin, aUSD. The fund will support early-stage startups that are creating applica...
Tag: Adoption
Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot
Parachain auction winner Acala Network has launched a $250 million fund to fuel the adoption of Acala USD (aUSD) as the dominant stablecoin for the Polkadot and Kusama ecosystem respectively. As unvei...
ChangeX Building the Case for True Crypto Mass Adoption
Crypto has been with us for more than a decade now. The first years of that decade were the Dark Ages when the light of crypto shone on very few people, and the whole industry was pretty much obscure ...
Acala announces $250 million fund to fuel adoption of aUSD stablecoin on Polkadot
Acala, a parachain project on Polkadot, has launched a $250 million ecosystem fund to boost the adoption of its stablecoin. Acala’s $250 million ecosystem fund is being stood up with the aim of accel...
What are the major challenges hindering Decentralized Finance (DeFi) adoption in 2022?
The decentralized finance (DeFi) industry grew by 865% between 2020 and 2022, hitting $254.99 Billion in December of 2021 by total value locked (TVL). Despite the high-yield opportunities creating so...
Change Launches New Investor Card To Foster Crypto Adoption – crypto.news
On 22nd March, Techround reported that Change launched a new crypto investor card to streamline the use of digital assets. According to the report, this card offers swift transactions and payments to ...
MEXC Global partners with Elrond Network to supercharge Web3 adoption
The leading digital asset and cryptocurrency platform MEXC Global announces a strategic partnership with Elrond Network, the internet-scale blockchain. Elrond is a distributed transactional computati...
A ‘lingua franca’ facilitating crypto adoption: Interview with Yellow COO Sergii Kashchenko
Yellow is an ecosystem of products and services for Web3 on the blockchain network. It combines the order books of all participants with global scaling that is powered by cutting-edge state channel te...
Is Malaysia The Next El Salvador? Communications Ministry Proposes Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     Malaysia’s Ministry of Communications and Multimedia is supporting the adoption of cryptocurrencies such as bitcoin as legal tender within the jurisd...
Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption
The first country to officially adopt Bitcoin as a legal tender, El Salvador, is seeing its crypto dreams shatter in pieces. A recent survey by the Chamber of Commerce and Industry of El Salvador foun...
Malaysia’s Communication Ministry Makes Case for Crypto Legalization and Adoption – crypto.news
Malaysia’s Communications and Multimedia Ministry has urged the government to legalize non-fungible tokens (NFTs) and adopt bitcoin (BTC) and other cryptocurrencies as legal tender, to make life easie...
Lugano and El Salvador Lead Bitcoin Adoption, Others to Follow?
Earlier this month, Swiss city Lugano accepted Bitcoin as legal tender in the region. The authorities also encouraged local businesses to accept crypto payments in everyday transactions. While Lugano’...
El Salvador’s Bitcoin Adoption Lower than Expected: Survey
The level of adoption of Bitcoin (BTC), the new legal tender in El Salvador is technically at a low ebb, at least, compared to what is being portrayed in the media. According to a survey conducted by ...
Top Analyst Predicts Bitcoin (BTC) Recovery Over Next Month As ‘Adoption Game’ Accelerates
A popular crypto analyst is optimistic that Bitcoin (BTC) will rally in the next few weeks after months of down-trending price action. The host of financial education YouTube channel InvestAnswers say...
El Salvador’s Bitcoin Adoption Is far Lower Than Expected, Survey Shows – A Blunder For Bukele?
Since El Salvador adopted bitcoin as legal tender, crypto analysts have expressed skepticism about its acceptance and influence on the traditional finance sector, citing concerns that the cryptocurren...
Billionaire Mike Novogratz Rules Out Bitcoin Being Used As Currency, Reveals What Will Accelerate BTC Adoption
Galaxy Digital CEO Mike Novogratz is unveiling what he believes will spur the global adoption of Bitcoin (BTC). Novogratz says in a CNBC interview that Bitcoin is unsuited to be a currency unlike othe...
Bitcoin Adoption in El Salvador is far Below Expectations, Says Report
When El Salvador made Bitcoin a legal tender within its jurisdiction last year, many analysts in the crypto industry predicted that the move was going to massively drive the adoption of the digital as...
Mass Adoption Will Drive Bitcoin Up 10x in Price by 2025, Says Pantera Capital CEO Dan Morehead
The chief executive of a crypto-focused hedge fund thinks mass adoption could drive the price of Bitcoin (BTC) up to $400,000 in as little as three years. Pantera Capital CEO Dan Morehead says in a ne...
Today’s Crypto Boost: The FED, Inflation, And Global Adoption
Federal Reserve just lifted rates 25 basis points Six more hikes are expected in 2022 Inflation is expected to remain high at 4.3% by the end of 2022 Crypto resources saw a few wild swings in the day ...
Crypto Adoption in the Spotlight During Russian Invasion of Ukraine
HodlX Guest Post Submit Your Post Key takeaways The Russian invasion and the robust international response via economic sanctions will have a profound effect on global finance over the coming years...
Introducing Bitcoin Odyssey, a Project Designed to Boost Crypto Adoption
Crypto platform Okcoin is joining hands with the Stacks Foundation and the Stacks Accelerator to create what it’s calling the Bitcoin Odyssey, which will see $165 million put towards bitcoin adoption....
Yet another company forwarded towards the adoption of Blockchain technology.
A Hong Kong-based medical services company launched its tracking system based on blockchain to prevent various mishappenings with its productions, including Covid-19 vaccines. Reports in September 202...
Mike Novogratz Believes Rising Inflation Will Boost Bitcoin Adoption
Bitcoin has often been touted to be a hedge against bad policies of centralized governments, and the narrative is not going away soon. Mike Novogratz, the CEO of Galaxy Digital, stated that Bitcoin wi...
DeFi to reach mass adoption via institutional participation, DEX founder says
While decentralized finance (DeFi) token prices may be going down, new forms of utility like liquid staking are on the rise and some believe that more people may be drawn to DeFi as more institutions ...
Backed by crypto adoption tailwinds, here’s how LINK is preparing for a rally
Chainlink has had a good week in terms of development. The team announced the Chainlink Spring 2022 Hackathon scheduled to begin from 22 April, along with a slew of other integrations. But what stood ...
The FED, Inflation, And Global Adoption
Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption m...
Bitcoin Worth $1.2B Left Coinbase In Sign Of Continuous Institutional Adoption
Despite the four-month bearish price action, institutions continue to pile drive bitcoin, which might have scared away retail leverage traders. This is because institutions are focusing on longer-term...
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
Many believe that this hints at the establishment of regulations and measures which could slow the rise in adoption cryptocurrencies Crypto Community is already trying to understand the possible reper...
Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains
Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains, according to Ni...
FTX partners with African payments company AZA Finance to boost web3 adoption
advertisement Crypto exchange giant FTX has partnered with AZA Finance, the payments firm formerly known as BitPesa, to grow the web3 economy on the African continent. The partnership will explore fiv...
Timechain Joins The Fireblocks Network To Push Institutional Adoption of DeFi And Crypto Higher
Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen st...