A senior executive at the tech firm building the Avalanche smart contract platform is optimistic that the crypto industry will continue to enjoy growth and adoption. Ava Labs president John Wu says in...
Tag: Adoption
The Right (and Wrong Way) to Get Web 3 Adoption
Last week, there was a small uproar in the Web 3 world when a new protocol, DeSo, announced an update to its user login flow. Previously, the decentralized media service had asked users to enter their...
2021 was the year of institutional crypto adoption
Despite the volatility the crypto market experienced in 2021, the year turned out to be a net positive for almost every aspect of the crypto industry. The year saw several major developments that acce...
Opera Launches Beta Crypto Browser in Latest Push Towards Web 3 Adoption
Web 3.0 is growing at a rapid speed and many companies are joining the movement. Recently, Opera, one of the most popular web 2.0 browsers, has released a web 3.0 beta browser with much more to come. ...
Digital RMB Wallet Reaches 20% Adoption in China Ahead of Winter Olympic Trial
About 261 million digital wallets for China’s digital RMB digital currency have been set up, according to state media reports. The asset is set to be used in the upcoming 2022 Winter Olympics in Beiji...
Group of US Banks Launch Initiative To Promote Adoption of New ‘USDF’ Stablecoin
US banks are jumping headfirst into the world of stablecoins as a group of US-backed financial institutions makes plans to mint a new stablecoin. According to a press release, the “USDF Consortium” wi...
TON Founder Pavel Durov Endorses Project As It Targets Mass Adoption
The highly ambitious TON blockchain is planning big things in 2022 following an endorsement of its efforts by its founder, the CEO of Telegram, Pavel Durov. Durov, who created TON almost five years...
Jamaican PM predicts 70% adoption rate of CBDC in 5 years
TL; DR Breakdown Jamaican PM predicts 70% adoption rate of CBDC Holness shares the benefit of the CBDC Bank of Jamaica continues to test on the CBDC The debate on the Central bank digital currency has...
UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey
British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 Internet users in the United Kingdom in December 2021 with varying results. ...
100% in crypto Mati Greenspan puts institutional adoption and crypto hedging into perspective
Mati Greenspan is frequently mentioned in top-tier financial media, as a prominent investment specialist with macroeconomic analysis, portfolio diversification, and crypto in his focus. The founder an...
A year of mass adoption for cryptocurrencies in Brazil
Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the...
Elon Musk Announces Dogecoin (DOGE) Adoption at Tesla, Ignites Memecoin Explosion
Tech billionaire Elon Musk is at it again, sending Dogecoin (DOGE) prices soaring with a simple, five-word tweet. On Thursday night, the Tesla CEO tweeted confirmation of much-anticipated news: Tesla ...
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption – Finance Bitcoin News
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investment...
Near Protocol raises $150M to promote Web3 adoption
Proof-of-stake blockchain Near Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional ...
Near Foundation Raises $150 Million to Bolster Web3 Adoption – Altcoins Bitcoin News
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. F...
Visa Survey Forecasts Cryptocurrency Merchant Adoption Boom
Alex Dovbnya 19% of U.S. small business plan to start accepting crypto this year, a Visa survey shows Achieving strong merchant adoption has been an uphill battle for the fledgling cryptocurrency indu...
The 500 BTC Blind Trust to Foster Bitcoin Adoption, Btrust, Announces First Steps
It’s time for the Btrust to start making moves. And they did so by announcing their “to-do list” and “high level goals.” A month ago, Block CEO Jack Dorsey and rapper and entrepreneur Jay-Z announced ...
Why the Digital Events’ Widespread Adoption will Escalate in 2022?
Without a surprise, many prohibitions as well as nullifications events and activities to take a leap towards the virtual world. Worldwide event planners, as well as the tourism sector, are striving fo...
DEIP partners with BlockVenture to boost adoption of its web3 creator economy protocol » CryptoNinjas
DEIP, a creator economy protocol that enables the discovery, evaluation, licensing, and exchange of intangible assets, and BlockVenture Coalition, an alliance of university blockchain groups and ventu...
Binance sponsors AFCON to further develop crypto adoption in Africa
Monday marked the start of the TotalEnergies Africa Cup of Nations tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership w...
Expert: UAE watchdogs are paving the way for crypto and blockchain adoption
Kokila Alagh, the founder and CEO of Karm Legal Consultants, says the financial regulators in the United Arab Emirates (UAE) are trying to foster the adoption of cryptocurrencies and blockchain techno...
UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently ...
Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022 – Emerging Markets Bitcoin News
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this asserti...
PayPal Exploring Launch of Its New Stablecoin in Push for Crypto Adoption: Report
PayPal is reportedly planning to launch its own stablecoin as part of its strategy to take advantage of crypto adoption. PayPal’s senior vice president and general manager of blockchain, crypto and di...
Crypto asset security main obstacle ahead of institutional adoption
A recent survey of institutional investors and wealth managers showed that 79% of them believed that crypto asset custody was their main consideration. Europe’s largest regulated digital-asset hedge f...
Shiba Inu Launched Its Blockchain as in Adoption Rate Wobbles
Shiba Inu has announced the upcoming release of Shibarium, a new two-Layer solution. Shibarium will have features like speedier transactions, comprehensive governance, and an environmentally friendly...
China rolls out digital yuan wallet to foster further e-CNY adoption
China is actively pursuing its plans to launch a central bank digital currency (CBDC), with the latest development being the launch of a digital yuan wallet. A report unveiled this news on January 4, ...
Gains Network Unlocks Grant Worth $250,000 in MATIC Tokens to Propel the Adoption of gTrade Leveraged Trading Platform
Gains Network, the developer behind the next generation leveraged trading platform gTrade today announced it had applied for $750,000 in financing from Polygon DeFi in a bid to conquer the next two ma...
The adoption of NFTs increases
While 2021 was the springboard for the world of NFT, 2022 could be the year of reckoning as adoption of this innovative form of digital commerce grows. Brands driving NFT adoption A few days ago, Kore...
Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew
Institutional cryptocurrency funds attracted record inflows in 2021, as demand for digital assets such as Bitcoin (BTC) and Ether (ETH) continued to grow during a volatile and often unpredictable bull...