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Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?
25.8.2023
A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.
The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as “overcollateralized” in a way that...
PayPal's PYUSD struggles with early adoption — Nansen
25.8.2023
PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture
Thailand's Incoming Prime Minister Has Ties to Crypto – Here's What You Need to Know
24.8.2023
Thailand's incoming prime minister Srettha Thavisin, who is known for his success in the property industry, has also been involved in the cryptocurrency sector.
On Tuesday, Thavisin was elected by the Thailand parliament to be the country's next prime minister.
The real estate tycoon was the only...
Binance Pay Steps into Brazil: Simplifying Crypto Payments for Businesses – Crypto Adoption on the Rise?
23.8.2023
The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said.
Compared with traditional payments processors, Binance Pay offers faster transactions speeds and lower...
The Thermodynamics of Crypto Investing
23.8.2023
As the various structural risks of crypto investing change over time, the opportunities for returns change, too
Iman Europe and The Agenda chat mental health, music, Web3 and The Homies DAO
23.8.2023
Musician and The Homies DAO founder Iman Europe sat down with The Agenda podcast to discuss how her Web3-based project promotes wellness among music workers
K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?
23.8.2023
K-pop giant Blackpink is set to go live on the popular Roblox gaming platform with a new immersive experience for Blinks, the group's fans.
"BLACKPINK has come to Roblox for the first time," the event description said.
'Blackpink: The Palace' was built by the metaverse studio Karta...
SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer
22.8.2023
Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection
Coinbase's Global Exchange Surges with $280 Million Daily Trading Activity – Can it Overtake Binance?
20.8.2023
Coinbase's offshore derivatives exchange has experienced a significant surge in trading activity, with volumes approaching $300 million per day.
According to data from The Block's data dashboard, Coinbase International, which facilitates trading in perpetual futures contracts, has consistently...
El Salvador Diary: Lightning Is Key to Bitcoin Adoption
18.8.2023
As he travels around the first country to adopt Bitcoin as legal tender, Jonathan Martin finds that few are using it. But Lightning integration could soon change the game
Mastercard Launches Forum for Crypto Industry Players to Discuss CBDCs
18.8.2023
Payments giant Mastercard has established a forum to facilitate discussions and collaboration among industry players in the cryptocurrency sphere regarding central bank digital currencies (CBDCs).
In a Thursday blog post, Mastercard said that the CBDC Partner Program has already attracted...
Hong Kong's Ambitions in the Crypto Space: Executives Weigh in on Web3 and Regulation
18.8.2023
Hong Kong has set its sights on becoming a major crypto hub as the region actively promotes the development of Web3.
The Securities and Futures Commission (SFC), the country's main financial regulator, is ostensibly accompanying this ambition with plans to regulate the crypto space by granting...
China’s Shanghai and Suzhou Ready Fresh CBDC Adoption Drive
18.8.2023
The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC.
The central People’s Bank of China (PBoC) recently claimed that almost $250 billion worth of CBDC transactions had been processed in the nation to date....
PayPal’s stablecoin opens door for crypto adoption in traditional finance
17.8.2023
PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more
‘High-Net-Worth’ Chileans Growing Crypto Keen, Says Expert
17.8.2023
“High-net-worth-individuals” in Chile are growing increasingly keen on crypto investment, an expert has claimed.
Per America Economia, the comments were made by Christopher Storaker, the CEO of Arch Finance, a crypto investment firm with a presence in the Latin American country.
Storaker...
Blockchain Startup Nova Labs Introduces Affordable $5 Phone Plan – Crypto Adoption on the Rise?
16.8.2023
Blockchain startup Nova Labs has announced the launch of a new phone plan that offers users unlimited text, talk, and data at just $5 per month.
In a Tuesday press release, Nova Labs said that the plan will initially be available only to residents of Miami or those who have received an invitation...
The effect of Litecoin Halving & its adoption in crypto industry
16.8.2023
Litecoin Halving has been one of the most game-changing events in the crypto sports betting industry. Litecoin Halving occurs approximately every 4 years or 840,000 blocks. Halving is a process of reducing the amount of block rewards paid to the miners by half. Litecoin Halving is a hardcoded...
Bank of America Assesses Significance of Paypal’s USD Stablecoin and Fednow System
16.8.2023
Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of Paypal’s stablecoin will not lead to “accelerated...
Coinbase Exchange Launches Stand with Crypto Alliance, an Independent Pro-Crypto Advocacy Group
15.8.2023
Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community.
Dubbed Stand with Crypto Alliance, the independent nonprofit organization aims to mobilize support for legislation that would create a regulatory framework for digital assets...
The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase
15.8.2023
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said