Adoption - Tag Archives - Cryptonews (Page 209)

ECB, IMF, China, Italy and Now Donald Trump Builds a Case for Bitcoin

U.S. President Donald Trump has joined the ranks of other officials unintentionally building a case for Bitcoin and showing why it’s better compared to traditional fiat money systems.In an eyebrow-raising tweet on Wednesday, Trump expressed his frustration with the depreciating currencies of...

, by Fredrik Vold

Cuba ‘Studies’ Cryptocurrencies, Expert Floats Cent’l Asia Crypto Idea

The Cuban government says it is “studying the use” of cryptocurrencies in an effort to boost the country’s flagging economy as American-led sanctions continue to bite.The United States has ramped up sanctions against Cuba in recent months, with tourism and educational travel bans,...

, by Tim Alper

Big Blockchain, Crypto Firsts: Shipment Succeeds, UK Hedge Fund OKed

Blockchain and cryptocurrency industries just had their two important firsts: a blockchain-powered shipment from South Korea to the Netherlands has been successfully completed, while the first crypto hedge fund has won approval from UK authorities.The shipment – made from a port in South...

, by Tim Alper

Samsung, LG and SK Begin ‘Summer Blockchain War’

South Korean business conglomerates Samsung, LG and SK are set to begin offering a range of blockchain technology-powered products and services this summer – as they attempt to become the leaders in what could become a very competitive market in the country.Per Fn News, the “Blockchain...

, by Tim Alper

Share of Illegal Bitcoin Transactions Declined to Less Than 1%

The proportion of bitcoin transactions tied to illicit deals is declining, according to blockchain research company Chainalysis. Illegal activity has accounted for less than 1% of all bitcoin activity so far this year — down from 7% in 2012, Bloomberg reported, citing Hannah Curtis, senior...

, by Linas Kmieliauskas

Basic Attention Token and BitTorrent Rise on Good News

Following a volatile June for bitcoin and other major coins, many traders are now placing their bets on the smaller coins out there, waiting for ‘altcoin season’ to return. Even on a day like today, with most cryptocurrencies in the red for the past 24 hours, two coins - basic attention...

, by Fredrik Vold

Kakao Blockchain Platform Unveils ‘USD 65bn’ Governance Council List

South Korean companies – and the country’s government – are continuing to put their faith in the growth of blockchain technology.The mainnet of Kakao Group’s blockchain platform Klaytn went live on June 27, in conjunction with 34 partner companies. Per New Daily, Ground X,...

, by Tim Alper

Crypto ATM Operator Adds Dai, Targets USD 690bn Remittance Market

American crypto ATM operator Coinsource has announced that it will begin allowing customers to make Dai purchases from its machines as of this summer – ahead of a planned remittance service launch.Per Reuters, Coinsource says it is set to “update all of its machines to allow customers...

, by Tim Alper

Crypto Adoption: First Opera Wallet for iOS; PwC Starts Crypto Audits

Another two good news reached the crypto industry, showing more examples of the ongoing adoption. First, Opera Software launched their blockchain-ready Opera Touch web browser with a crypto wallet for iOS. Second, accountancy giant PricewaterhouseCoopers (PwC) has added cryptocurrency auditing to...

, by Linas Kmieliauskas

Holidayers to Be Wooed by Crypto Giveaways, Investors – by Derivatives

Online Bitcoin reward shopping app Lolli has partnered with travel site Hotels.com – adding to a list of travel partners that already includes hotel groups Hilton and Marriott, as well as sales sites Booking.com, Hotwire, AirBnB rival VRBO and Priceline.Customers making purchases made via the...

, by Tim Alper

This Struggling Giant Sector Might Fuel Global Tokenization

As more companies are exploring tokenization opportunities, another giant sector might jump on this trend.A new report, dubbed Rise of Digital Finance: Tokenising mining & metals assets, from global law firm White & Case LLP makes the case that the trend of tokenization of traditional...

, by Fredrik Vold

Seller of USD 100K Virtual Car, Animoca, Bets Big on Blockchain

Animoca Brands, Hong Kong-headquartered publisher of mobile games, is betting on blockchain as they're considering this technology to be a game changer in the industry, according to Yat Siu, Co-founder and Chairman of the company. In 2018, Animoca reached AUD 12.8 million (USD 8.9 million) in...

, by Linas Kmieliauskas

Crypto-keen S Korean Tech Giants ‘Six Months ahead of Facebook’

A report in South Korea claims that two of the country’s biggest IT companies are hoping their blockchain technology related activities of recent months will help them steal ahead of Facebook and its new Libra project – both domestically and abroad.Fn News claims that the Kakao Group...

, by Tim Alper

Major US Convenience Store Chain Circle K Begins Bitcoin ATM Pilot

As bitcoin price is getting closer to the USD 10,000 mark, Circle K, one of the United States’ biggest convenience store chains, is set to welcome 20 new Bitcoin ATMs at stores located in Arizona and Nevada as part of a pilot initiative.The devices will be installed after Circle K sealed a...

, by Tim Alper

Facebook coin, Libra, Officially Starts its Journey (UPDATED)

Social media giant Facebook and another 27 organizations have finally confirmed their plans for Libra, "a global, reserve-backed digital currency that people can use for their everyday needs on the Libra network, a new more inclusive financial ecosystem", powered by blockchain technology. The...

, by Linas Kmieliauskas

XRP Jumps on Ripple and MoneyGram Strategic Partnership News

XRP, the native token of Ripple, jumped by c. 7% on the news that Ripple strengthens its partnership with major money transfer company MoneyGram. However, later, the price corrected lower and is now up by almost 4% in the past 24 hours (04:27 UTC).XRP price chart:The California-based blockchain...

, by Linas Kmieliauskas

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