#adoption News

WWE Set to Auction NFTs Around Legendary Wrestler The Undertaker

April 9, 2021 by Anthonia Isichei at Altcoins

Professional wrestling and media company, the World Wrestling Foundation (WWE), has joined the non-fungible tokens (NFT) bandwagon, as the company is looking to launch its first-ever NFTs centered on the retired legendary wrestler, Mark William Calaway, popularly known as The Undertaker. The Undertaker NFTs to Launch Ahead of Wrestlemania In...

Goldman Sachs Is Hiring a Digital Asset Manager

Goldman Sachs to Offer Bitcoin, Other Digital Assets Products to Institutional Clients

March 31, 2021 by Adeniyi Olowoporoku at Bitcoin

U.S banking giant Goldman Sachs is inching closer to offering its first investment products for bitcoin and other digital assets. This development represents a significant shift in the bank’s policy, which initially stated that bitcoin and cryptocurrencies were not an asset class. Investment Product to Be Launched in Q2 This...

CMCC Exchange now a Member of Hong Kong Cryptocurrency Union

Cryptocurrencies Getting Closer to the Threshold for Major Institutional Adoption, Says Morgan Stanley

March 18, 2021 by Adeniyi Olowoporoku at Bitcoin

According to the latest report from investment firm Morgan Stanley, cryptocurrencies are getting closer to becoming an emerging investable asset class. Crypto-Assets Highly Speculative but at a Major Threshold This was revealed in a new investor note handled by the Morgan Stanley wealth management unit dated Wednesday, March 17. The...

Bitcoin Cumulative Transfer Value Surpasses $3.5 Trillion

March 13, 2021 by Wayne Jones at Bitcoin

The latest data from Coinmetrics shows that the Bitcoin cumulative transfer value has hit more than 3.5 trillion. The number of bitcoin processed on a single day reached its highest value at the beginning of 2021, as more people display interest in the cryptocurrency. Bitcoin Bull Run in the Past...

Ethereum in a machine of cogs Dapp and bank-threatening ideas

Daily Ethereum (ETH) Transactions Outstrip Bitcoin’s (BTC) by Over $3B

January 19, 2021 by Anthonia Isichei at Ethereum

Ethereum's title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum's economic activity count but often at the expense of high gas costs leading to renewed clamor...

Two Hands Holding a Block with a Lightning Bolt inside

Strike Partners with Bittrex to Bring Lightning Network Payments to 200 Countries

January 8, 2021 by Anthonia Isichei at Bitcoin

U.S. payment API platform Strike has inked a partnership deal with crypto exchange service Bittrex to bring Lightning Network (LN) payments to over 200 countries. The move marks what could be an important milestone in the adoption of LN payment channels as Bitcoin and cryptocurrencies become even more popular. 1...

UCC Coffee launches its first traceable blockchain coffee

UCC Coffee Integrates IBM-Powered Blockchain Solution for Supply Chain Traceability

November 27, 2020 by Anthonia Isichei at Blockchain

UCC Coffee, a UK coffee manufacturer has partnered with fintech company Farmer Connect, to integrate the latter’s IBM blockchain-powered coffee tracking solution to trace one of its coffee brands. Tracking Coffee Supply Chain with Blockchain Technology According to a report by Verdict on November 26, 2020, the coffee manufacturer has...

Paypal’s Move to Crypto Might Is not What it Seems, Here’s the ‘Catch’

PayPal to Develop Robust Digital Wallet in 2021, Witnesses Surge in Crypto Demand

November 4, 2020 by Anthonia Isichei at Bitcoin

Following its recent adoption of cryptocurrency, PayPal recently gave details of its crypto and digital wallet plans for 2021, while also stating that central bank digital currencies (CBDCs) may take time, but they are here to stay. PayPal Sees Rise in Crypto Demand According to Fortune on Tuesday (November 3, 2020)...

Singapore: No Reason to Ban Cryptocurrency Trading

Singapore’s Largest Bank Teases Cryptocurrency Trading Platform

October 28, 2020 by Anthonia Isichei at News

DBS Bank, Singapore’s largest banks and one of the biggest banks in Asia is reportedly planning to launch a cryptocurrency trading exchange that would see support for Bitcoin among other crypto tokens. Major Singapore Bank Floats Crypto Exchange According to details available in the cached webpage, following the deletion of...

PayPal Has Filed a Patent for a Cryptocurrency Transaction System

Bitcoin Sets New 2020 High as PayPal Announces Crypto Adoption

October 21, 2020 by Anthonia Isichei at Bitcoin

The Bitcoin (BTC) price is making a move towards the $13,000 price mark buoyed by the news of PayPal allowing crypto transactions on its platform. Bitcoin had been trading in a tight-range at the $11,540 region as downward pressure from multiple sell walls at $12,000 preventing the top-ranked crypto from...

Bitcoin-Becomes-the-Main-Method-Of-International-Payment

Mexico Leading in Crypto Usage and Adoption in Booming Latin American Market

October 7, 2020 by Shaurya Malwa at Bitcoin

The Latin American crypto market is leading among all others when it comes to cryptocurrency adoption and usage, noted local news outlet Economista in a report yesterday. The Latin American market captures over 7% of the estimated digital currency economy worldwide, with Mexico accounting for the largest share in the...

Bitcoin Spends Record High Days Over $10,000

September 28, 2020 by Shaurya Malwa at Bitcoin

The pioneer cryptocurrency has now recorded its highest-ever time period trading about the $10,000 price level, which is now considered by many to be a major support floor for Bitcoin. Bitcoin: Setting records Previously, Bitcoin reached the $10,000 level only twice before: first in 2017 when it broke through the...

OCC Authorizes U.S. Banks to Hold Stablecoin Reserves

September 22, 2020 by Anthonia Isichei at Regulation

The U.S. banking regulator has issued guidelines that will enable banks to offer services to stablecoin coin issuers in the country. Federal Financial Institutions to Offer Services to Stablecoin Issuers In an interpretive letter published by the Office of the Comptroller of the Currency (OCC) on Monday (September 21, 2020)...

Wisconsin State Senate Candidate Accepts Bitcoin Donation via BitPay

September 22, 2020 by Anthonia Isichei at Bitcoin

Phil Anderson, running for the Wisconsin State Assembly has stated that he would accept cryptocurrency donations towards his campaign, using U.S. crypto payment platform BitPay. Anderson Defends Legality of Crypto Political Donations In an announcement released by Phil Anderson’s campaign team on Monday (September 21, 2020), the entrepreneur and real...

Leading Telecoms Firm Accelerating Blockchain Adoption in Europe

EU to Introduce New Blockchain Guidelines by 2024

September 19, 2020 by Adeniyi Olowoporoku at Regulation

The European Union are set to introduce new rules in the next four years that could introduce a single currency market that would make cross-border payments easier according to documents from a leak report. European Union Looking to Create a Legal Framework for Cashless Ecosystem According to Reuters, the two...

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