Tag: adoption

Jan 18 2021

This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital

Jan 18 2021 Published at CryptoSlate under tags  adoption defi ethusd

Alameda Research, the company behind the FTX exchange, has led a funding round that raised $50 million to create a DeFi ecosystem on Maps.me, an offline mapping application. The funding will enable a multi-currency wallet to be launched on the Maps.me platform, unlocking decentralized payments for the app’s 140 million users. Popular offline mapping app receives $50 million in funding from major investors...

Former Canadian PM says Bitcoin can be one of the world’s reserve currencies

Jan 18 2021 Published at CryptoSlate under tags  adoption btcusd investments

Stephen Harper sees Bitcoin alongside gold and the US dollar as a viable global reserve asset. Bitcoin to the moon Bitcoin proponents must be so excited after a blockbuster year. The asset saw widespread adoption by investment...

Jan 16 2021

On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all

Jan 16 2021 Published at CryptoSlate under tags  adoption btcusd investments

Demand for Bitcoin increased multifold in 2020. And on-chain data shows the asset’s limited supply may be causing a rush. The Bitcoin FOMO train Bitcoin, the world’s largest cryptocurrency, saw a push in demand last year amidst a bleak economic outlook, concerns of dollar inflation, weakened fiat currencies,...

Jan 15 2021

Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury

Jan 15 2021 Published at CryptoSlate under tags  adoption btcusd

The official has spearheaded progressive technology regulation for the East coast city. And he’s now turning his attention towards Bitcoin. Bitcoin for Miami! Miami Mayor Francis Suarez teased a Bitcoin purchase earlier today, as per a tweet. This was not intended for his personal account, however, with Suarez...

Charles Hoskinson tells Jack Dorsey that Cardano is working on a decentralized social media initiative

Jan 15 2021 Published at CryptoSlate under tags  adausd adoption people technology

Charles Hoskinson, the CEO of IOHK, called on Jack Dorsey not to create a decentralized social media standard within Twitter. He said that Dorsey’s Blue Sky project should be made open-source so that the entire crypto industry can contribute to it. In the exchange, Hoskinson revealed that IOHK was working on a mysterious project that could...

API Keys – Make Sure You Handle Them Right

Jan 15 2021 Published at FullyCrypto under tags  adoption bitcoin cryptocurrency news

Reading Time: 2 minutes API keys are a great source of data for crypto traders and can be extremely useful They have settings that can allow third-party access to your exchange portfolio Mismanaged API keys were behind the Ledger hack in June 2020 where 272,000 customer...

Jan 14 2021

Jack Dorsey defends his ban of Donald Trump and advocates for Bitcoin’s model

Jan 14 2021 Published at CryptoSlate under tags  adoption btcusd election 2020 people

The Twitter founder is a known Bitcoin advocate. But a recent action saw his platform getting embroiled in controversy. Why ban Trump? Twitter founder Jack Dorsey took to his platform this morning to explain banning the account of incumbent US President...

Michael Saylor: Bitcoin is a better bet now than tech stocks were in the early days

Jan 14 2021 Published at CryptoSlate under tags  adoption btcusd people

Since charging onto the crypto scene late last year, MicroStrategy CEO Michael Saylor has become something of a Bitcoin poster boy. MicroStrategy became the first public listed company to hold Bitcoin as part of its treasury policy. At the time, the move was met with trepidation from a number of the firm's shareholders. They questioned whether being cash-light, Bitcoin-heavy was the...

Jan 13 2021

La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región

Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market

Jan 13 2021 Published at CoinDesk under tags  adoption bitcoin buda.com colombia global macro

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

Can Decentralized Social Media Give Trump a Fresh Platform?

Jan 13 2021 Published at FullyCrypto under tags  adoption blockchain cryptocurrency news

Reading Time: 2 minutes Trump has been banned from virtually all forms of social media, stifling his rhetoric Decentralized social media could give Trump another foothold on his platform If Trump manages to get up and running once more, he could end up doing himself...

Jan 12 2021

Pro-Bitcoin U.S. Treasury official calls DeFi the future in op-ed

Jan 12 2021 Published at CryptoSlate under tags  adoption defi ethusd

The Ethereum decentralized finance (DeFi) space saw a renaissance in 2020 led by the release of new platforms such as Aave and iEarn (now Yearn), along with the rise of liquidity mining schemes that managed to draw hundreds of thousands into this space. Yet the growth of the DeFi space may not be done yet as a U.S. Treasury official — and a...

PayPal’s new crypto unit just traded over $240 million in a single day

Jan 12 2021 Published at CryptoSlate under tags  adoption btcusd trading

The division launched last year after PayPal made a big push for building out and expanding its crypto business. PayPal’s growing volumes Paypal’s new crypto exchange traded north of $242 million in a single day on Monday, data from itBit, the firm’s exchange partner,...

KardiaChain CTO on bringing the whole Vietnamese population onto the blockchain, crypto predictions and more

Jan 12 2021 Published at CryptoSlate under tags  adoption interview people

CryptoSlate recently had the opportunity to chat with Huy Nguyen, CTO and Co- Founder of interoperable blockchain, KardiaChain. Before founding KardiaChain, Huy spent 10 years working at Google, building large-scale distributed infrastructure. Huy studied Electrical Engineering and Computer Science (EECS) at UC Berkeley. In the interview, we...

Jan 11 2021

Wall Street fund manager that called for $400,000 Bitcoin: “take money off the table”

Jan 11 2021 Published at CryptoSlate under tags  adoption analysis btcusd

In 2018, the reoccurring "meme" in crypto space was that institutions were coming to accumulate Bitcoin, to save the then-volatile market and set it on a path of growth. In 2020, this meme became reality as prominent fund managers and corporations began to accumulate Bitcoin. It began with Paul Tudor Jones, a legendary...

Jan 10 2021

Parabolic Bitcoin market cap sees BTC briefly top Facebook valuation

Jan 10 2021 Published at CryptoSlate under tags  adoption analysis btcusd

A fantastic run of form from Bitcoin has resulted in a new all-time high market cap of over $760 billion. Gemini Exchange Co-founder Cameron Winklevoss pointed out that this now puts Bitcoin above Facebook in terms of valuation....

Jan 09 2021

Bitcoin is now worth half of all silver in the world

Jan 09 2021 Published at CryptoSlate under tags  adoption analysis btcusd

With a market cap of almost $780 billion, Bitcoin is currently worth half of all the silver that has ever been mined. According to data from Infinite Market Cap, Bitcoin has also surpassed tech giants Facebook, Tencent, and Alibaba in terms of market cap, as well as Warren Buffett’s Berkshire Hathaway. Facebook, Tencent, Alibaba dethroned by rallying Bitcoin Bitcoin’s latest rally has pushed...

Cardano becomes the most decentralized network on the market with majority of ADA supply staked

Jan 09 2021 Published at CryptoSlate under tags  adausd adoption

With more than 69 percent of its total circulating supply now staked, Cardano has surpassed Polkadot as the most decentralized network in the world. According to data from Staking Rewards, over 21.75 billion ADA has been staked on the Cardano network so far. Cardano is now the most decentralized blockchain network in the world Cardano, an ambitious blockchain platform created by IOHK, has...

Jan 08 2021

Algorand (ALGO) eyes $100 billion use case with new partnership

Jan 08 2021 Published at CryptoSlate under tags  adoption algousd altcoins partnerships

A new partnership sees the Algorand blockchain being deployed for a large institutional client. Algorand’s institutional partner Algorand, a high-speed blockchain that powering secure and efficient frictionless exchange, has onboarded Instimatch Global,a digital platform for institutional short-term money market...

Winning Hearts And Minds For Bitcoin

We often encounter Bitcoiners who assert that Bitcoin is unstoppable and has already "won." We happen to agree with them. But the endgame has yet to play out, and it still has two potential paths. One is easy; the other is hard. On the easy path, positive narratives about Bitcoin outweigh negative ones. We experience a peaceful mass adoption process based on people's...

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