Latest Posts with Adoption tag

Adoption

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Crypto is coming to PayPal!

21 Oct 2020 1 minute read 0 comments Mr. Sloth

Reuters released a press statement from PayPal which confirms, that PayPal customers will be able to shop with crypto currencies at 26 million merchants. This is a very big step for the adoption. It seems like this feature will be first rolled out in...

MicroStrategy CEO Says that "Awful" Bitcoin Market Data is Holding it Back

21 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Microstrategy CEO Michael Saylor, in an interview with Hedgeye CEO Keith McCullough on October 20, criticised the prevailing data on Bitcoin and the market. Saylor spoke of inflated volumes, though he did see a silver lining in the status quo. Held...

The REAL Reasons Cryptocurrency Adoption Hasn't Happened

17 Oct 2020 1 minute read 6 comments TheDesertLynx

Cryptocurrency has been around for over 10 years since Bitcoin's birth in 2009. But it still hasn't reached anything resembling mainstream adoption. Why? I explore two key reasons holding up the blockchain revolution. Donate - Sponsors Please leave a...

$10B Asset Manager Reveals Its $115M Bitcoin Investment

14 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Asset management firm Stone Ridge had revealed that it had been investing Bitcoin under a subsidiary company since 2017, and now holds $115 million in the asset. In 2017, Stone Ridge subsidiary New York Digital Investment Group (NYDIG) raised $50 mi...

South Korea to Launch its Central Bank Digital Currency (CBDC) in 2021!

8 Oct 2020 1 minute read 0 comments MoneyLearn

South Korea's central bank, the Bank of Korea (BOK), has announced that it will launch a central bank digital currency (CBDC) pilot project next year in collaboration with major corporations and national banks. According to Seoul Shinmun and the Four...

HSBC Announces Launch of the "Decentralized" Finance Platform Contour

7 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

A consortium of banks, including BNP Paribas, Citibank, HSBC, and Standard Chartered, launched the Contour trade finance platform on October 5.  Contour is a blockchain-based trade finance platform that digitizes processes across a variety of assets...

Stellar CEO to Discuss Cross-border Payments at IMF Conference

6 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Stellar CEO Denelle Dixon will be one of four panellists discussing cross-border payments at an International Monetary Fund (IMF) conference that will take place on October 19. Dixon will discuss the current pain points of cross-border payments and...

This week Tezos is being used in a digital voting application in 3 French cities

5 Oct 2020 1 minute read 7 comments Allen Walters

Avosvotes has developed an application to enable digital voting for local authorities. First identities are manually verified and secured in digital form. After that, votes can be stored on blockchain, where they can be verified by the voter. This wa...

Japan's SBI eSports Team Given the Option to Be Paid in XRP

1 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Japan’s SBI group will pay its eSports team in XRP, according to an official announcement made on September 30. The SBI e-Sports team signed a sponsorship contract with SBI VC Trade Co Team members will be given the option of being paid in fiat or X...

Chinese State Media Talks About Ethereum and DeFi

28 Sep 2020 1 minute read 3 comments Abhimanyu Krishnan

Chinese state media broadcaster the China Central Television discussed Ethereum (ETH) and the DeFi space in a news segment on September 25, exposing the asset and DeFi applications to millions of viewers. The China Central Television news anchors sp...