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NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News
10.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
The NYCCoin is set to launch on Thursday, November 11, with the community-led proposal endorsed by New York City Mayor-elect Eric Adams....
Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
10.11.2021
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...
Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services
6.11.2021
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant...
The stablecoin scourge: Regulatory hesitancy may hinder adoption
5.11.2021
U.S. Treasury’s recommendations, if adopted, could hinder stablecoin innovation in the near future, but in the long run, they might be a boon
ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
5.11.2021
“When you look under the hood on that, we've concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead
US Senator Proposes Congress Adopt Cryptocurrency for Payments
5.11.2021
U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator...
‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
2.11.2021
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable...
AWS Seeks a Specialist to Develop Amazon’s ‘Digital Currency and Blockchain Strategy Roadmap’
1.11.2021
This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital...
Amazon job posting hints company’s Web Services are preparing to adopt crypto
1.11.2021
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
Beyond the NFT hype: Creating lasting business models for artists
1.11.2021
Digital creators and artists have been able to make a living by selling NFTs for high prices, but how long will this business model last?
Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally
31.10.2021
According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion...
Latinx communities continue to rise above Bitcoin adoption obstacles
31.10.2021
Latinx communities are driving forward adoption, as crypto is proven to meet their diverse needs in a way that traditional finance cannot
Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption
30.10.2021
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...
NFT hype isn’t cooling down as Coinbase and FTX only dive deeper
30.10.2021
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?
Altcoin Roundup: Dogecoin, Shiba Inu and memes are hauling the dogsled to mass adoption
30.10.2021
Who doesn’t love a good meme? Here’s how DOGE, SHIB and other meme tokens are tugging crypto’s leash toward mass adoption
Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’
29.10.2021
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala...
Putting a cap on decentralization: How regulation impacts DeFi adoption
27.10.2021
As legislation threatens to allow centralization to creep into the DeFi space, regulation could have complex effects on the adoption
ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io
26.10.2021
PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this...
NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball
26.10.2021
The GOAT rewarded a Tampa Bay Buccaneers fan after wide receiver Mike Evans mistakenly handed him the ball following the historic touchdown