Tag: Adoption

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Waves Enterprise and Conflux partner to promote hybrid blockchain adoption

December 24, 2020

Waves Enterprise and Conflux Network are working together to enable companies in Asia to adopt hybrid blockchain data storage protocols. Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using…
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Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer

December 24, 2020

Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start…
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Gifting crypto to loved ones this holiday? Educate them first

December 23, 2020

Cryptocurrency may seem like the perfect holiday gift this year, but education is key when deciding how to gift digital assets. The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance…
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Survey: Almost one in five adult Australians own crypto in 2020

December 23, 2020

Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking. A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020. According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI), Australia’s general crypto sentiment improved…
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Traditional banks offer digital asset custody amid compliance legislation

December 23, 2020

Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets. More and more traditional banks have started announcing support for digital assets as the price of Bitcoin (BTC) continues to make headlines for record-breaking all-time highs. Even major banks like JPMorgan Chase, which previously frowned…
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Indian crypto exchange CoinDCX raises $14M in its third round in 2020

December 22, 2020

Including the millions it collected in previous rounds, the company has raised approximately $19.4M. CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise. According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry investors like Coinbase and Polychain in its Series B funding round.…
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Cat got your tongue? Bitcoin critics wither in 2020

December 22, 2020

Why have Bitcoin critics been so silent in 2020? Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin’s performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp.  Yet compared to other bull run years like 2017,…
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Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

December 21, 2020

An application for SkyBridge Bitcoin Fund L.P. has been filed with the Securities and Exchange Commission. Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund.  The Form D for an exempt offering appeared on the Securities and Exchange Commission’s…
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Australia’s crypto ecosystem 2020: The spark for a DeFi explosion

December 21, 2020

The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector. For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long…
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Traditional crypto custodians ramp up security to accommodate institutional demand

December 19, 2020

Offline storage solutions are necessary for traditional custodians and banks supporting digital assets. Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history. Recent findings from a Bank of America–Merrill Lynch survey conducted between…
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