Tag: Adoption

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Survey Shows Growing Interest Among Americans in Blockchain and Cryptos

A Paxful survey shows that a growing percentage of Americans are considering cryptocurrencies as an alternative to the current financial system. Americans with a working knowledge of cryptocurrencies have been showing a rising interest in blockchain technology and cryptos. According to a survey conducted by the global peer-to-peer Bitcoin marketplace Paxful, this demographic increasingly views…
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The Stablecoins Movement — Toward Stability in Crypto Assets

Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the…
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Crypto Gaming Seems to Be Exploding During COVID-19

Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic. According to statistics shared exclusively with…
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Major Asian Ticketing Agency Accepts Bitcoin on Lightning Network

Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the time of sale. Vietnamese online ticketing agency Future.Travel now accepts Bitcoin (BTC) payments via the Lightning Network (LN), with funds being converted into local currency at the time of sale. To enable LN-based…
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New Research Says Bitcoin Price Jumps in Response to News of Clear Regulation

Researchers at the Bank for International Settlements think that crypto prices respond well to clear regulation, though they drop when governments issue bans. Researchers from the Bank for International Settlements are finding that cryptocurrency markets actually react positively to news of clear regulations. Findings? Crypto is not such a wild west after all Per a…
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Mark Cuban and Tyler Winklevoss Squabble Over Bitcoin Complexity

Billionaires Mark Cuban and Tyler Winklevoss debate about Bitcoin’s complexity in comparison to basketball. Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures…
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South Korean Government Labels Blockchain a Golden Opportunity

Vice Minister of Strategy and Finance calls to take advantage of “golden” chances in the blockchain industry. The South Korean government has stated that the blockchain market represents a “golden opportunity” for the country. They are now calling for private sector companies throughout South Korea to exploit this potential. According to a report published on…
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Major U.S. Banks Go Down Due to Stimulus Payout Demands

Major US banks have been knocked offline, unable to cope with the volume of stimulus checks. Some U.S. banks have been unable to handle the increased demand generated by the stimulus checks being distributed to 80 million Americans. On April 15 the online platforms for US Bank, PNC, and Fifth Third Banks went down, apparently…
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Crypto Needs to Meld With Legacy Financial Systems for Mass Adoption

The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user…
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Polychain Capital-Backed DeFi Alliance Hits 51 Members

New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital,…
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