Category: Adoption

This Swiss bank is now staking Tezos (XTZ) for its clients

Switzerland-based crypto bank Sygnum has become the world’s first regulated financial entity to launch a staking service for a major cryptocurrency, it announced in a post on Friday. Starting today, users will be able to stake Tezos (XTZ), a blockchain protocol that allows users to build their own decentralized applications atop its network. Sygnum will…

November 6, 2020
$1.63B in Bitcoin purchases is powering the majority of Square’s Q3 revenues

Bitcoin is powering a Fintech giant’s revenues for this quarter, data released on Thursday showed. Cash App, the American financial services company that operates Bitcoin purchase app Square, reported in a US SEC filing yesterday that its Bitcoin business outnumbered any other purchases made in the third quarter of 2020. The mobile app functions as…

November 6, 2020
Leading Brazilian soccer team to tokenize FIFA player transfer fees

Brazilian soccer club CR Vasco da Gama and crypto exchange Mercado Bitcoin are looking to tokenize early-career transfers in the soccer world.

November 5, 2020
BlockDown is coming to Latin America this November

Virtual crypto conference leader BlockDown takes over Latin America for the first time with its BlockDown Latam edition coming up on November 20th headlined by Grammy-nominated music artist and entrepreneur Akon. BlockDown Latam will be showcasing the best and brightest minds and businesses from the crypto and blockchain space in South America. Blockchain PR Agency…

November 5, 2020
Terra Virtua creates NFT collectibles ecosystem for the ComiCon crowd

$2.5 million private funding round will be used to develop first “mass-market” digital collectibles platform.

November 4, 2020
Is Iran Becoming A Bitcoin Nation?

Late last month, Iran Daily, the official newspaper of the country’s government, reported that the administration had amended its cryptocurrency legislation to make digital assets “exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.” In practice, this means that bitcoin and other cryptocurrencies that are…

November 4, 2020
Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021

A fresh record for BTC price action on U.S. election day means that $100,000 could now form a price target, historical data suggests.

November 4, 2020
China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card

The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants.

November 4, 2020
Gibraltar is now an observing member of the Global Blockchain Business Council

The British Overseas Territory is making steps towards bringing blockchain adoption into the mainstream.

November 3, 2020
Hashgraph CTO expects blockchain interest to grow even bigger in 2021

We are at the “knee of an exponential curve, said the executive.

November 3, 2020