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Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
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....
Worldcoin Adoption Said to Be Accelerating; Sam Altman States ‘One Person Getting Verified Every 8 Seconds’
29.7.2023
Worldcoin, the digital ID passport and universal basic income project, is allegedly rising in popularity, with thousands of people said to be signing up and registering. According to Sam Altman, co-founder of the project, one person is currently verified by the iris scanning devices —...
69% of Meme Coin Investors Buy for Fun — Study Delves Into Investor Sentiments on Meme Coins
28.7.2023
A new study conducted in May 2023 sought to uncover insights, perspectives, and outlooks on meme coins from crypto investors around the world. The online survey of 1,503 participants aimed to gauge meme coins’ potential in the cryptocurrency market. It revealed several findings about investor...
Suku May Beat Musk to Crypto Twitter Payment Adoption
27.7.2023
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs on Twitter
RFK Jr. Admits Buying Bitcoin for His Children After Attending Miami Conference
27.7.2023
Democratic presidential candidate Robert F. Kennedy Jr. has revealed that he has purchased two Bitcoins (BTC) for each of his seven children.
During a Twitter Spaces conversation on Wednesday with Scott Melker, the host of The Wolf of All Street podcast, Kennedy revealed that he purchased...
German political parties split on how to regulate increasing AI adoption
27.7.2023
As the trilogue on the AI Act begins, the European Commission, German politicians, and digital experts express skepticism and make new demands
XRP Price Prediction as Pacific Island of Palau Begins to Trial Stablecoin Built on XRP Ledger – Adoption on the Rise?
27.7.2023
The XRP price has risen by 2% in the past 24 hours, rising to $0.716275 after the Federal Reserve raised its base rate by 0.25% yesterday.
Despite rate hikes usually having a negative effect on financial markets, investors seem to regard yesterday's move as one of the last the Federal Reserve will...
Pro-Crypto Robinhood Taps Former Barclays Executive Jordan Sinclair as CEO for UK Expansion
26.7.2023
Pro-crypto brokerage firm Robinhood has appointed former Barclays executive Jordan Sinclair to spearhead its UK expansion.
On July 18, the Financial Conduct Authority (FCA) approved Sinclair's appointment as CEO of Robinhood's UK entity, according to a register maintained by the watchdog. ...
South Korea strengthens crypto regulation with LEI adoption and crime unit
26.7.2023
The decision was driven by the country's concern over illicit activities in the crypto market and the desire to safeguard investors
Japan's Prime Minister Stresses Gov's Focus on Web3 Growth, Says Major Company Will Unveil 'Ambitious' Metaverse Project
26.7.2023
Japan's Prime Minister Fumio Kishida said that the country's agenda includes support for the growth of Web3 companies and suggested that a major company would reveal its metaverse project. Meanwhile, Binance announced its full Japanese presence starting in August.
Kishida spoke to the audience...
Chinese Bank Launches CBDC Bulk Commodity Clearing Service – Digital Yuan Adoption Accelerates?
26.7.2023
Banks in China are looking to adopt the digital yuan in more of their operations, and have launched the nation’s first central bank digital currency (CBDC)-powered settlement service for bulk commodity spot clearing.
Per JRJ, Industrial Bank, a Fuzhou-based joint-stock commercial bank,...
Solana: The go-to blockchain for enterprise adoption
25.7.2023
Solana (SOL) was developed by Anatoly Yakovenko and his team of developers at the groundbreaking file-sharing platform Dropbox. The platform was named after the popular Californian beach, Solana. The network does not utilize the Proof of Work (PoW) consensus mechanism of Bitcoin. Solana uses...
Japan PM reaffirms Web3 plans as Binance announces imminent launch
25.7.2023
Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan
Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption
24.7.2023
The Central Bank of Nigeria (CBN) remains committed to the central bank digital currency (CBDC) project, despite the recent ousting of the former governor.
In a bid to further encourage the adoption of the eNaira and enhance the CBDC mobile app, the central bank has incorporated Near Field...
Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings
22.7.2023
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades...
Massive Crypto Adoption Ahead: Jesse Pollak of Coinbase Expects 8 Billion On-Chain
21.7.2023
As many as 8 billion people will become crypto and blockchain users over the next decade, according to Coinbase protocols lead Jesse Pollak.
Speaking with Decrypt during the EthCC conference in Paris on Wednesday, Pollak said that although crypto adoption has grown rapidly in recent years, there...
Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office
21.7.2023
Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.
In a Thursday press release, Bitget revealed that it has opened an office in downtown Dubai to support its expansion, and is also exploring opportunities...
Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says
21.7.2023
The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages...
‘Get a Horse!’: What Crypto Can Learn From Early Automakers' Struggle for Acceptance
19.7.2023
Automotive pioneers were surrounded by fraudsters, hated by banks and attacked by trolls. Sound familiar?
Binance Blockchain Week Brings the Best of Web3 to Istanbul
18.7.2023
ISTANBUL – July 18th, 2023 – Binance is excited to announce that its flagship Binance Blockchain Week conference is coming to Istanbul, Turkey on November 8 and 9, 2023. Binance Blockchain Week brings innovative leaders and conversations together to further the development and adoption...