Tag: Adoption

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1B People Will Have Tried Crypto Within Decade – Coinbase CEO

  The number of people who have used or tried cryptoassets will reach 1bn within a decade, contributing even more to the global economy, according to Brian Armstrong, CEO of major crypto exchange Coinbase.  “My guess is that in 10-20 years, we’ll see a substantial portion of GDP happening in the crypto economy,” Armstrong said…
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Crypto Sports Sponsorship Moves into Fast Lane with OKX F1 Deal

  The crypto industry has stepped up another gear in its race to win the hearts, minds, and some money of sporting fans the world over. Following the news that Crypto.com will be one of the main sponsors of the World Cup in Qatar later this year, the crypto exchange OKX has announced that it…
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Argentinian Banking Heavyweight to Launch Bitcoin, Ethereum Trading, While Tax Body Urges Tighter Crypto Monitoring

  One of the largest private financial entities in Argentina, Banco Galicia, has announced that it will allow some of its customers to trade, sell, and hold cryptoassets at a time when Argentina’s tax body has called for Latin American governments to bolster their crypto monitoring capabilities. … Read More: Argentinian Banking Heavyweight to Launch Bitcoin,…
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Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024

According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population…
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Crypto Bills in Panama, Brazil Progressing Fast, but Argentina Province Sends Mining Warning

  Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs…. Read More: Crypto Bills in Panama, Brazil Progressing…
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Crypto.com’s Rewards, “Secret” Bitcoin Legal Tender, Ethereum Fees, Hack & Bounty + More News

  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: Crypto.com’s Rewards, “Secret” Bitcoin Legal Tender, Ethereum Fees, Hack & Bounty + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

232 Wikipedia Users Force the Online Encyclopedia to Ditch Bitcoin, Ethereum, and BCH Donation Options

  The Wikimedia Foundation, the body that operates the user-created web-based encyclopedia Wikipedia, has announced that it will no longer accept crypto donations. … Read More: 232 Wikipedia Users Force the Online Encyclopedia to Ditch Bitcoin, Ethereum, and BCH Donation Options  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Lightning Network Adoption at Exchanges is Growing: This is Why It’s Good for Bitcoin

  From the outside, it might look like the Lightning Network (LN) is a classic example of vaporware. It has long been touted as the layer-two solution that will make Bitcoin (BTC) more viable as an everyday medium of exchange, yet the fact remains that Bitcoin still isn’t used on a large scale for payments….…
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Goldman Sachs Confirms It Granted a Lender a Bitcoin-backed Loan

  The American investment banking heavyweight Goldman Sachs has granted a customer a cash loan backed by bitcoin (BTC). Bloomberg reported that Goldman Sachs had confirmed that it had lent cash in a deal that was “collateralized by bitcoin owned by the borrower,” per “a spokeswoman for the bank.”… Read More: Goldman Sachs Confirms It…
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Axie Infinity’s Post-Hack Metrics Beckon Optimism, Not Despair

  Daniel C. Park is the data journalist at Covalent, a blockchain data specialist. ______    The theft of USD 625m from Ronin unfazed Axie Infinity players’ bullish feelings, a remarkable tale and test of brand loyalty that validates Sky Mavis’ USD 3bn valuation. The cascade of SLP and AXS withdrawals never manifested. Not after Binance…
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