Blockchain Adoption – Ƀitsell X

Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy

September 11, 2024

Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through…
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Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion

September 29, 2023

Today, the Arbitrum Foundation, an organization dedicated to supporting Arbitrum, an Ethereum Layer 2 network, announced a strategic partnership with protocol studio Fracton Ventures. The collaboration seeks to establish Arbitrum’s footprint in Japan, an outcome to be achieved through the launch of Arbitrum Japan, a platform designed to kickstart ecosystem growth and community education initiatives. ……
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Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year

July 29, 2023

Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July. A 12-Month Decline of 86,000 WBTC in Circulation The Wrapped Bitcoin…
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Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm

February 11, 2023

Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’s “cutting-edge technology expertise” which harnesses AI and the blockchain. Utilizing AI and the Blockchain The Kenya-based artificial…
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Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

January 24, 2023

Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60…
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5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech

October 31, 2022

The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial sectors. The MOU, signed by the…
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Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report

October 6, 2022

Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime. The Taliban’s takeover of Afghanistan has had a “massive chilling effect” on the local cryptocurrency market, bringing it to an effective “standstill,” according to a recent report. Blockchain analytics…
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SWIFT partners with Chainlink for cross-chain crypto transfer project

September 29, 2022

The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network. Interbank messaging system SWIFT has partnered with price oracle provider Chainlink (LINK) to work on a proof-of-concept (POC) project which would allow traditional finance firms the ability to transact across…
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Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’

February 9, 2022

Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of blockchain technology after it implemented a “digital credentialing solution.” Saudi Arabia’s Blockchain Goal The Saudi Arabian medical institution, King Faisal Specialist Hospital and Research Centre, (KFSHRC) recently completed a deployment of blockchain tech when it implemented “a…
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An African Blockchain Enthusiast Launches Expedition That Seeks to Highlight East Africa’s Potential

October 25, 2021

While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Bitcoin.com News, much of the focus in terms…
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Tag: Blockchain Adoption