Tag: Adoption

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Seoul to Launch ‘Metaverse’ Public Service Platform in 2022

Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform. The initiative is the brainchild of the Seoul Metropolitan Government, which will launch a metaverse platform as part of its attempts to create a “contactless communication channel in the post-pandemic era.”… Read More: Seoul to…
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NYCCoin, Cambridge on Tezos, Tether on Avalanche + 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: NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Amazon job posting hints company’s Web Services are preparing to adopt crypto

The prospective employee would encourage those in senior positions at major companies to consider adopting cryptocurrencies, central bank digital currencies, stablecoins, security-backed tokens, asset-backed tokens and nonfungible tokens. Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers. According to a Saturday job posting,…
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NFT hype isn’t cooling down as Coinbase and FTX only dive deeper

NFT market is growing at a phenomenal rate, but is there such a big demand for nonfungibles to draw even more people and businesses to join the industry? Nonfungible tokens (NFTs) and the marketplaces they trade on have been the talk of the cryptoverse for a while now. Even amid the peak of the bull…
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Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga…
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NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball

The GOAT rewarded a Tampa Bay Buccaneers fan after wide receiver Mike Evans mistakenly handed him the ball following the historic touchdown. Tampa Bay Buccaneers quarterback Tom Brady nearly lost ownership of the ball behind his 600th touchdown pass, but now he’s paying for it… in Bitcoin (BTC). In Sunday’s game between the Buccaneers and…
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Okcoin reports altcoins drove institutional interest in crypto for 2021

The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and…
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What has been standing in the way of a pure-Bitcoin ETF?

With regulators slowly starting to come to terms with Bitcoin as an asset, how could this affect the present and future views of BTC ETFs? With regulatory bodies rumored to soon accept a pure Bitcoin (BTC)-backed exchange-traded fund, it is important to understand the journey of some of the first crypto-based ETFs that have recently…
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ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

ETC Group, an ETF issuer company, released a report last month about the evolution of Bitcoin Cash in the years after the hard fork that created it. While the company acknowledged the asset price is lagging compared to its older sibling, it praised the crypto on other aspects like development and actual usage. Bitcoin Cash…
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Beyond Bitcoin: The future of digital assets is bigger than the first crypto

While Bitcoin is the most recognizable digital asset, it’s just one asset class among many that are here to evolve financial services globally. While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other…
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