Tag: Adoption

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Who watches the watchers? CryptoHarlem founder Matt Mitchell explains why surveillance is the enemy

CryptoHarlem founder Matt Mitchell says government and corporate surveillance and citizens’ inability to protect against it are great threats to personal security. Technology can be one’s best friend or, in some cases, their worst enemy. For example, Meta and TikTok seamlessly connect millions of people with loved ones and strangers, and while the platforms are…
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Today in Crypto: Ripple Partners with Montenegro Central Bank, Bitmain Facing a $3.6M Fine, Head of Exchange Vishal Gupta Leaving Coinbase

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ripple Partners with Montenegro Central Bank, Bitmain Facing a $3.6M Fine, Head of Exchange Vishal Gupta Leaving Coinbase  Read more »Sign up for e-EUR – the progressive stablecoin

Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues

On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far, 169.85 bitcoins worth $4.7 million have been collected in fees. Ordinal Inscriptions Reach 1 Million…
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How Utility NFTs Will Drive Mainstream Web3 Adoption

Ken Timsit, is Head of blockchain startup accelerator Cronos Labs and Cronos Chain.__________ Non-fungible tokens (NFTs) were perhaps the most publicly followed hype cycle, with celebrities from Justin Bieber to Madonna dropping NFT collections for their fans over the past couple of years. Without an understanding of the potential benefits of NFTs as powered by…
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Thailand Opposition Leader Vows $300 Crypto Airdrop If Elected Prime Minister – Here’s What You Need to Know

The opposition leader of Thailand has promised to airdrop 10,000 baht ($300) in digital currency to anyone 16 or over should his Pheu Thai Party win the next election.  On Wednesday, real estate mogul turned candidate Srettha Thavisin announced the $300 handout policy in the heavily populated central Thai province Nonthaburi, according to a report by…
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Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.  The Monetary Authority of Singapore and the police have been working with lenders in the country to refine their approach to onboarding crypto service providers, Bloomberg reported,…
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Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?

Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer its customers cryptocurrency trading and storage services.  As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin and Ethereum, two of the world’s largest cryptocurrencies, with more tokens…
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Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions

On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution…
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Binance Opens Regional Blockchain Hub in Georgia

Crypto exchange Binance has announced the opening of a blockchain hub in Georgia which will promote cryptocurrency adoption in the region. The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved in in the country. Digital Asset Exchange Binance Establishes ‘Web3 Outpost’ in Georgia Binance, the world’s…
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Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City’s Crypto Revamp

A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.  The ProDigital Future Fund has already secured $30 million in commitments from major Asian investment firms, including Sunwah Kingsway…
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