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Ethereum difficulty bomb delayed but network adoption still growing
13.6.2022
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge
Savings Bank Heavyweight OK Financial Group Reveals Cryptoasset Launch Plans
11.6.2022
South Korea’s OK Financial Group – one of the nation’s biggest moneylenders and savings banking services providers – has unveiled plans to create a cryptoasset. The company will become one of a growing cohort of firms that are hoping to launch tokens, and this appears to indicate that the days...
Forget the Market Slump – Inflation Will Define Bitcoin This Year and Beyond
11.6.2022
Chen Li is the CEO and Founder of digital asset venture capital firm Youbi Capital._______
Inflation: the word on everyone’s lips in 2022. With rising prices squeezing budgets more than we’ve seen in the last four decades, investors and consumers are desperate for ways to protect their...
Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2–8
10.6.2022
Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
10.6.2022
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite
'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
10.6.2022
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: 'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
Mastercard to Enable Direct NFT Payment Options for Marketplace Operators
10.6.2022
The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the “gas-free” marketplace Immutable X, Candy Digital, the metaverse gaming title The Sandbox, Mintable, Spring, the Nifty Gateway, and the Web...
13% of Surveyed Canadians Owned Bitcoin in 2021, Up from 5% in 2020 – Bank of Canada
10.6.2022
The share of the Canadian population that owned bitcoin (BTC) reached 13% in 2021, up from just 5% a year earlier, a new report from the Bank of Canada has revealed.
According to the report, the notable increase in bitcoin ownership last year reflects easier access to the cryptocurrency through...
'First Time Ever', US Law Firm Airdrops NFT Subpoena in Exchange Hack Case
10.6.2022
In what could represent a landmark legal development for the crypto industry, US law firm Holland & Knight has served a defendant a pre-trial temporary injunction as a non-fungible token (NFT), acting in a legal case involving its client, crypto exchange LCX.
For the "first time in history"...
Global Bitcoin adoption to hit 10% by 2030: Blockware report
10.6.2022
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence
Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
9.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry
9.6.2022
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira...
Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC
9.6.2022
Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed.
The survey was conducted in the 1st quarter of 2022 on...
75% of retailers eyeing crypto payments within 24 months: Deloitte
9.6.2022
Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments
Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’
8.6.2022
Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government.
Per Tengrinews, the Governor of the National Bank Galymzhan Pirmatov told journalists at a press conference, that Kazakhstan wanted...
Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
8.6.2022
Galaxy Digital CEO Michael Novogratz doesn't see as V-shaped market recovery occurring
Citi Says Crypto Market Volatility Has Affected User Adoption
8.6.2022
Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said
PayPal Allows Users to Transfer Crypto to External Wallets and Exchanges
8.6.2022
Online payment giant PayPal now allows select customers in the US to transfer cryptoassets from their accounts to external wallets and exchanges.
"Starting today [June 7], PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges," Jose Fernandez...
PayPal enables transfer of digital currencies to external wallets
7.6.2022
The move comes after nearly two years since PayPal enabled users to buy and sell crypto on its platform
Japanese VC Firm Mistletoe Strengthens Crypto Focus, Says Web3 Will Spread to All Industries
7.6.2022
The Japanese venture capital firm Mistletoe is strengthening its focus on the crypto industry amidst the market downturn, arguing that Web3 will “spread to all industry segments” in the future, just like the Internet has done.
Speaking with Cryptonews.com, Atsushi Taira, the co-founder...