Tag: adoption

Oct 30 2020

This country will now buy state-mined Bitcoin to fund imports

Oct 30 2020 Published at CryptoSlate under tags  adoption btcusd regulation

The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The move is the first-of-its- kind and marks an important milestone in...

Grayscale – Bitcoin Interest 19% Up On Last Year

Reading Time: 2 minutes Grayscale found a 19% increase in the amount of people interested in buying Bitcoin compared to last year 2020 Grayscale Bitcoin Investor Study found that lack of education is holding many back from jumping in If financial advisors began...

Set Your Fees to High – The Mempool is Filling up Fast!

Oct 30 2020 Published at FullyCrypto under tags  adoption bitcoin bitcoin news exchange

Reading Time: 2 minutes Bitcoin’s mempool is getting clogged up, with the median confirmation time at its 3rd highest level ever Currently, transactions with standard fees are spending more than 3 hours in the mempool High fees are the best way to skip the mempool...

Crypto Hedge Funds Post Record Gains Amid Institutional Adoption

A steady rise in bitcoin price and a flurry of institutional adoption helping steep gains.

Oct 29 2020

Cred Hits the Skids as Balance Sheet Doesn’t Add Up

Oct 29 2020 Published at FullyCrypto under tags  adoption cryptocurrency news exchange hack

Reading Time: 3 minutes Cred has taken a massive battering to its cred after balance sheets fail to add up Cred promises an update to its users in 2 weeks time - a lengthy wait for users who can’t touch their funds This isn’t the first time we’ve seen ba;ance...

Wyoming State Regulators Approve Avanti, America’s 2nd Bitcoin Bank

Oct 29 2020 Published at Crypto Briefing under tags  adoption banking business finance

Avanti says that it has gained approval for its Wyoming-based cryptocurrency bank, as revealed in a new press release. Bank Approved Unanimously Avanti was first announced in February. Now, the bank has gained approval...

Chainlink oracles to bolster AML measures for Coinfirm’s DeFi solution

Oct 29 2020 Published at CryptoSlate under tags  adoption technology

London-based Coinfirm will now utilize Chainlink’s market-leading oracle service to provide anti-money laundering (AML) tools for DeFi projects, it said in a release...

Oct 28 2020

From Brazil To Turkey, Bitcoin Prices Hit All-Time Highs Around The World

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! One bitcoin will always be worth 1 bitcoin, but its price relative to fiat currencies is an important indicator of how much people around the world value the opportunity to opt...

Changeangel Lists the Ever Popular PIVX Coin

Reading Time: 2 minutes PIVX is the latest coin to join the changeangel swap exchange You can swap to and from PIVX with 63 other cryptocurrencies PIVX has a ton of cool features with many more, including Sapling, coming soon...

Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs

Oct 28 2020 Published at CryptoSlate under tags  adoption payments

Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune...

Well Written Ledger Phishing Scam Doing the Rounds – Be Careful

Reading Time: 2 minutes Scammers are impersonating Ledger, pushing a fake update The fake Ledger email asks you to download a new Ledger Live app The fake Ledger app will steal your seed phrase and all your crypto!...

MicroStrategy Dot Com Volatility Good Bitcoin Preparation

Oct 28 2020 Published at FullyCrypto under tags  adoption bitcoin bitcoin news

Reading Time: 2 minutes MicroStrategy’s $250 million Bitcoin purchase in August dropped by 15% just weeks afterwards Some were worried they might dump some or all of their holdings if Bitcoin’s price fell further One look at the history of the MicroStrategy share price...

JPMorgan Launches Stablecoin and New Blockchain Subsidiary

Oct 28 2020 Published at Crypto Briefing under tags  adoption business jp morgan

JPMorgan furthered its blockchain efforts this week with two major announcements, according to reports from CNBC. JPM Coin Takes Flight With First Transaction JPMorgan's stablecoin (JPM Coin) will be used in commercial...

Crypto.com Increases Staking Requirements

Reading Time: 2 minutes Crypto.com is increasing its stake requirements by 2.5x on November 2 If you’re already staked before Nov 2, you won’t need to increase your total stake Staking CRO is seen as a way to shore up the value of the plummeting CRO token...

JPMorgan stablecoin goes live, interbank group renamed to “Liink”

Oct 28 2020 Published at CryptoSlate under tags  adoption stablecoins

JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development. JPM's stablecoin makes an appearance...

Oct 27 2020

Singapore’s Largest Commercial Bank Launches Bitcoin Exchange

Oct 27 2020 Published at Crypto Briefing under tags  adoption business singapore

A Singapore-based multinational bank with over $400 billion of assets, DBS announced an institutional-grade digital asset exchange, custody, and platform for security token offerings (STOs)....

Toyota Systems to Trial In-House Digital Currency

Reading Time: 2 minutes Toyota Systems, the IT offshoot of the car maker, has announced plans to trial an in-house digital currency in conjunction with Japanese cryptocurrency exchange DeCurret The trial will see 2,500 Toyota systems employees rewarded with digital tokens which...

Swiss CBDC Could Be Tested This Year

Reading Time: 2 minutes Switzerland could launch a proof of concept CBDC this year A retail digital currency is the immediate focus, with international transactions planned for the future The Swiss central bank co-authored a report on CBDCs earlier this month...

From less cash to cashless: What lies on the road ahead?

Oct 27 2020 Published at CryptoSlate under tags  adoption guest post

Social distancing regulations and the fear of microbes-ridden surfaces have pushed physical shopping and transactions in cash to the backseat. In a recently conducted poll, 82% of Master Card’s global users favored contactless payments as a cleaner alternative to cash. The e-commerce giant Amazon saw a staggering surge of more than $570 billion USD in its value. With all these exciting stories of...

Oct 26 2020

Cryptocurrency “Turning a Corner” – David Marcus

Reading Time: 2 minutes David Marcus, head of Facebook’s Libra project, has said that cryptocurrency adoption has “turned a corner” Marcus alluded to the pursuit of Bitcoin by banks and PayPal’s new cryptocurrency platform Libra helped push cryptocurrency into the...

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