Tag: Adoption

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China’s President Xi Has ‘Credentialized’ Cryptocurrency, Says Novogratz

Chinese president’s embrace of blockchain tech triggered a recent surge in Bitcoin’s price, Galaxy Digital CEO Mike Novogratz said. China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment…
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Bakkt Set to Smash Bitcoin Trading Volume Record in November

After a lackluster debut, Bitcoin futures trading on the Intercontinental Exchange Bakkt platform is now seeing consistently rising interest from institutional traders. Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October. Volumes yesterday, Nov.…
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Official: Binance Chain and BNB Will Be Traceable via CipherTrace

CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says. American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB). CipherTrace to increase AML checks on Binance Chain Binance Chain, a public blockchain of…
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How We Got Ivy League Students to use Blockchain Tech

The lessons: Make it relevant. Prioritize user experience over perfection. For most blockchain-enabled products and services, achieving mainstream adoption has been a nearly impossible goal. Even the most celebrated projects in the crypto ecosystem struggle to expand their community beyond blockchain-savvy users. Augur, the famous betting protocol whose REP token peaked with a market cap…
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Coca Cola Using Blockchain for $21-Billion-Per-Year Network

Coca Cola’s bottlers are implementing a blockchain solution from German software firm SAP to manage their cross-party transactions. Coca Cola’s bottlers are implementing blockchain technology to manage their cross-party transactions. A Business Insider report on Nov. 5 revealed that Coke One North America (CONA) — the tech firm that manages IT operations for the soda giant’s…
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Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank

Huawei has signed a strategic cooperation agreement with the digital currency research unit of the People’s Bank of China. Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy…
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New Official Register in San Marino Recognizes and Regulates Blockchain Firms

The Republic of San Marino adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. Companies can apply for blockchain certification online The project was initiated by San…
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Roger Ver Apparently Thinks Bitcoin Cash Value Could Increase 100,000%

Roger Ver said in a recent Facebook post that $5 worth of Bitcoin Cash could someday easily be worth $5,000. Bitcoin Cash’s Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization. Bitcoin Cash price to increase by…
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Bitfinex Adds Bitcoin Bech32 Support — Hints at Lightning Network Next

Bitfinex adds Bitcoin bech32 address deposits and withdrawals as its the exchange’s CTO hints at integrating Lightning Network in the near future. Major global crypto exchange Bitfinex now supports Bitcoin (BTC) bech32 addresses generation and deposits to bech32 addresses. Following the launch of Bitcoin withdrawals on bech32 addresses on Oct. 29, Bitfinex officially announced on…
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Expert: US Should Cut Crypto Firms Some Slack to Compete With China

Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. A Fortune report published on Nov. 1 pointed to…
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