Adoption

Recent Adoption Stories

RippleNet Builds New Network Reaching 40 Countries

Travel takes time and energy, but that doesn’t mean intercontinental transactions should too, and yesterday’s announcement that Ripple’s RippleNet is going live in 40 countries is setting a new standard among competitors. RippleNet’s International Expansion As the 13-country addition...

Read More 3 min read
Huobi Building Global Blockchain Resource Alliance With ‘Global Elites’ Initiative

Huobi announced on its blog Wednesday that it would be launching the third phase of its Huobi Global Elites program, another step toward building what it calls a “Global Blockchain Resource Alliance.” The Global Elites Initiative Huobi is expanding its reach into...

Read More 2 min read
ZenLedger Secures $1.5 Million in Venture Capital for Crypto Tax Software

Seattle-based ZenLedger, which provides tax ledger software for CPAs and cryptocurrency investors, secured a massive, $1.5 million round of venture capital funding from VC firm Vestigo Ventures to further develop its blockchain-based tax accounting software. The $1.5 million investment...

Read More 2 min read
Billionaire Investor Tim Draper Predicts $80 Trillion Crypto Market within 15 Years

Billionaire venture capitalist and early Bitcoin proponent Tim Draper has cooked up his most extravagant forecast for the cryptocurrency market yet, predicting it will skyrocket to a whopping $80 trillion valuation within 15 years—approximately the value of all global...

Read More 2 min read
IBM Joins ‘Yellow Pages of Blockchain’ As Founding Member

For businesses seeking decentralized enterprise solutions, the number of emerging blockchain projects is almost too overwhelming. Helping to organize a decentralized list of blockchain companies, IBM has joined the Hacera Unbounded Registry as a founding member. ‘Yellow Pages of Blockchain’...

Read More 2 min read
Republic Protocol and Wyre to Launch World’s First Decentralized Dark Pool

With rising investor interest, digital assets are making their way into traditional financial markets. Most recently, Republic Protocol and Wyre formed a partnership to provide liquidity for the world’s first decentralized dark pool. Digital Meets Traditional Markets According to...

Read More 2 min read
Binance and Malta Stock Exchange Partner to Launch Security Token Trading Platform

With increasing regulatory scrutiny, several cryptocurrency exchanges are seeking to open regulated security token markets across the globe. This week, Binance and Malta Stock Exchange confirmed a partnership to launch a new security token trading platform, reports Malta Today....

Read More 2 min read
Nasdaq’s New Institutional Product for Digital Assets Is Crucial to the Crypto Market

On Sept. 11, Coindesk reported that Nasdaq, the world’s second-largest stock market, has been preparing crypto price analytics tools for institutional investors to facilitate increasing interest toward the market. Bill Dague, Nasdaq’s head of alternative data, said: “Given the...

Read More 3 min read
Gemini Faces Competition As Paxos Releases New, Regulated Stablecoin

Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets. Introducing Paxos Standard With...

Read More 2 min read
Bittrex Forms Bittrex International, Announces New Digital Asset Platform in Malta

Seattle-based Bittrex is expanding its reach as a blockchain powerhouse, unveiling plans to launch an affiliate company, called Bittrex International. The addition will aim to play a role as cryptocurrency influencer to streamline blockchain adoption on a global scale....

Read More 2 min read
South Africa Reserve Bank Wins Award for Blockchain Payments System

After successfully trialing blockchain-based payments for wholesale interbank settlement, South Africa’s central bank has scooped up the award for Best Distributed Ledger Initiative at Central Banking’s “FinTech RegTech Global Awards 2018.” Central Banking, a global research and intelligence watchdog...

Read More 2 min read
Crypto Flirts With Stock Market: Robinhood Prepares to Go Public, Coinbase CEO Hints Toward Possible IPO

The cryptocurrency market is currently in the midst of a major sell-off, with Bitcoin, Ethereum, and virtually all altcoins plummeting in value. The loss of over $40 billion from the cumulative cryptocurrency market cap over the last week hasn’t...

Read More 3 min read
Report: Cryptocurrency to Be Treated As a Prominent Trading Market in Australia

The Australian Securities and Investments Commission (ASIC), has published a corporate plan that describes a vision for the country’s economic future as well as its intentions to regulate the cryptocurrency market. Governing the Crypto Trading Market The watchdog identified initial...

Read More 2 min read
ConsenSys’ Joseph Lubin and Amanda Gutterman Discuss Civil Partnership at TechCrunch Disrupt

Joseph Lubin and Amanda Gutterman of ConsenSys explained how blockchain technology and media companies go hand in hand during TechCrunch Disrupt; while the latest project ConsenSys is working with, The Civil Media Company, looks to create independent newsrooms in...

Read More 2 min read
Research: Nearly Half of Millennials Prefer Crypto Over Fiat

Since the ICO fervor of 2017, cryptocurrency and blockchain have become an international phenomenon, driving the digital economy movement. With public adoption on the rise, market research firm YouGov has conducted a study revealing recent statistics on cryptocurrency awareness....

Read More 2 min read
Local Bitcoin Price Hits Record-High of $24,000 in Iran

With public adoption on the rise, international cryptocurrency regulations continue to develop. On Sept. 4, Iran legitimized cryptocurrency mining as an industry–propelling local Bitcoin prices to new, record highs. Crypto Industry Gains Global Traction in Legitimization The Iranian government...

Read More 2 min read
Winklevoss Brothers File Patent Detailing Innovative Cryptocurrency Storage System

The wholly-owned investment fund of Cameron and Tyler Winklevoss has filed a patent describing a secure mechanism for storing digital assets, according to a patent filing published by the U.S. Patent and Trademark Office (USPTO). Winklevoss Attempt Crypto Breakthrough...

Read More 2 min read
Coinbase Explores Launching a Crypto ETF, Consults With BlackRock

Cryptocurrency-based exchange-traded funds (ETFs) have been long-awaited by the crypto community as a catalyst for incoming institutional capital. According to a report by Business Insider, Coinbase is seeking to launch a cryptocurrency ETF. Coinbase Explores Crypto ETF San Francisco-based...

Read More 2 min read
Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay

Seattle-based Bittrex’s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil, a fintech company facilitating clients in Latin America and the Caribbean. Uruguay’s Future in Crypto By marrying Uruguay-based Cryptofacil’s marketing strategy for...

Read More 2 min read
Andy Warhol Painting Sold for Millions on Maecenas Blockchain

Blockchain is enabling a new era of frictionless payments and is disrupting multiple industries across the board–including art. Last month, Andy Warhol’s “14 Small Electric Chairs” was sold on decentralized auction platform Maecenas. First Multi-Million Painting Sold in Blockchain Auction...

Read More 2 min read
People’s Bank of China to Build Blockchain and Crypto Research Center to Test Digital Currencies

The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock. China’s Blockchain Push PBoC, the world’s largest bank by total assets, is increasing...

Read More 2 min read
Google Launches Plugin to Make Ethereum Blockchain Analysis an Accessible Venture

Despite its reluctance toward crypto finance and ICO advertisements, Google is not shying away from the technical prowess of blockchain networks. The search giant recently announced its new database tool, which helps explore the Ethereum blockchain. Google Steps into...

Read More 3 min read
VeChain Partners with Chinese Insurance Firm to Create ‘Collaborative Ecosystem’ Using Thor Blockchain

China’s largest insurance conglomerate by total assets handled, the People’s Insurance Company of China (PICC), has partnered with VeChain, blockchain-based information tracking and governance systems company, with the goal of digitally transforming the insurance industry, according to a press release....

Read More 2 min read
The Beginning of the End for Fiat Currency: Government-Issued Crypto Gaining Traction Worldwide

The term “government-issued” cryptocurrency is paradoxical. The core tenets of cryptocurrencies — decentralized ledgers and trustless cryptographic payment clearance — are antithetical to government control over value transfer. Officially sanctioned government issued cryptocurrencies are increasing in number, however. Sweden,...

Read More 2 min read
IOTA and Volkswagen Will Launch Blockchain-Enabled Cars in 2019

IoT-driven blockchain platform IOTA announced the upcoming release of real-world integration with vehicle manufacturer Volkswagen. The Digital CarPass, set to be released in 2019, will see performance data tracked via IOTA blockchain technology to ensure vehicle data collection is reliable...

Read More 2 min read
Popular Messaging App Line Launches Native ‘LINK’ Token

Blockchain integration continues to pervade industries worldwide, including mobile applications. Popular messaging app Line is launching its own LINK token, a cryptocurrency built on the platform’s native LINK Chain. Apps and dApps Collide Line, a social messaging platform, is...

Read More 2 min read
Japanese Police Adopt Cybersecurity Software to Trace Bitcoin Transactions

After several instances of cryptocurrency-based crime and a stark increase in the use of cryptocurrencies as a money-laundering tool, Japan’s National Police Agency (NPA) revealed it would launch a crypto-tracking software to trace digital currency transactions in the country....

Read More 2 min read
CryptoKitties to ‘Bring Blockchain to Life’ in New Art Exhibit

In 2017, CryptoKitties made headlines as the world’s most popular blockchain game. Pushing further into the public eye, CryptoKitties has partnered with Meural to showcase the “Bringing Blockchain to Life” art exhibit. CryptoKitties Spreads Blockchain Awareness CryptoKitties, an Ethereum-based collectibles...

Read More 2 min read
Korean Lawmaker is ‘Upset to See South Korea Prohibit ICOs’

This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns. In response, Korean representatives have called for new, minimum guidelines on token...

Read More 3 min read
Institutional Giant A16Z Leads $102 Million Funding Round in Dfinity ‘World Computer’

Cloud computing giants Amazon Web Services and Salesforce may soon face blockchain-based competition that aims to trifle their dominance with a decentralized, cheaper alternative. Dfinity’s Web 3.0 Push Dfinity, a Switzerland-based blockchain startup, has secured $102 million in funds...

Read More 2 min read
Stablecoin Project Terra Raises $32 Million to Build the ‘Next Financial Ecosystem’

As the cryptocurrency market gains prominence and retailer demand for a credible “stablecoin” increases, several prominent cryptocurrency businesses have put their money where their mouth is and have invested over $32 million in the Singapore-based stablecoin venture Terra, according...

Read More 3 min read
Cboe Global Markets Hints at Launching Ethereum Futures

The introduction of cryptocurrency-based derivatives poses a potential catalyst for institutional investors to enter the sector, and with Bitcoin futures already available, Cboe Global Markets has revealed that they’re close to launching Ethereum futures. Ether Futures Coming Soon As...

Read More 2 min read
Square Inc. Wins Innovative Crypto Patent Amid President Trump’s Accusations Against CEO

San Francisco-based company Square Inc. has won a new patent that will allow merchants to accept all forms of cryptocurrency payment, a victory that could impact mass utilization of digital assets. Increased Processing Speeds Are on the Horizon The...

Read More 2 min read
‘Blockchain Isn’t Going Away’: Graduates Flock to Crypto Courses, Citing Better Career Opportunities

Setting the groundwork for an explosive growth period, millennials are swiftly taking cryptocurrency- and blockchain-related courses, with over 42 percent of the top 50 universities offering “at least one” course about the two domains. Formal Cryptocurrency Education in High...

Read More 3 min read
Ethereum-Based Civil Pairs with Associated Press for Blockchain-Based Content

Ethereum-based Civil, a blockchain journalism startup, has inked a licensing agreement with the Associated Press (AP) that will see the latter’s news content available for use by Civil-based newsrooms via blockchain technology. Another Giant Turns to Blockchain According to...

Read More 2 min read
Rialto Trading and Bittrex Team Up on Digital Securities Trading Platform

Seattle’s Bittrex and registered broker-dealer Rialto Trading are saddling up to build a new digital exchange for securities, joining an industry-wide effort to push the multi-trillion-dollar market onto the blockchain. New York-based Rialto currently runs an institutional-grade Alternative Trading...

Read More 2 min read
Canada’s Coinsquare Exchange Unveils European Expansion Plans

The Canadian cryptocurrency exchange Coinsquare will debut its services in the European market in Q4 2018, marking its first international expansion under the Coinsquare brand. Coinsquare’s First International Expansion Coinsquare, a Canada-based cryptocurrency exchange, has revealed that it will...

Read More 2 min read
Blocktrade Technology-Valens Bank Partnership Reveals ‘Crypto Fund Trading’ Access for Clients

In the developing digital economy, institutional solutions to cryptocurrency investment continue to rise. On Aug. 22, Blocktrade Technology and Valens Bank confirmed a partnership that will give banking clients access to crypto fund trading. The Growing Prevalence of Crypto Funds...

Read More 2 min read
Crypto Debit Card Provider Receives FCA Approval in the UK

Cryptocurrency payments provider Wirex has received an operating license from the U.K.’s Financial Conduct Authority (FCA). Wirex Receives Third FCA License The development marks the third license awarded to a cryptocurrency business. Trading behemoth Coinbase and crypto-startup Circle were also...

Read More 2 min read
Revolut’s Metal Debit Card Lets Users Earn Cashback in Crypto

With growing adoption, cryptocurrency debit cards are becoming more prevalent worldwide. Launched Aug. 22,  Revolut released a new metal debit card that gives customers cashback in cryptocurrency. Earn Bitcoin After Each Transaction Yesterday, fintech startup Revolut revealed its new Revolut Metal debit...

Read More 2 min read
South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting

The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. Korea’s Cryptocurrency Push The...

Read More 2 min read
US Government Grants $800K for Blockchain R&D

With growing adoption, blockchain integration continues to proliferate across nations worldwide. The U.S. government, meanwhile, has invested $800,000 in developing a research-oriented distributed ledger, called Open Science Chain. US Researchers Develop Distributed Ledger The U.S. government has granted $818,433...

Read More 2 min read
eToro Signs Advertisement Deals with Seven Premier League Teams

Shortly after adding IOTA to its platform, eToro has unveiled a flurry of partnerships with seven premier league teams. The football (soccer) teams included in the deal are: Southampton Tottenham Hotspur Crystal Palace Newcastle United Cardiff City Leicester City Brighton &...

Read More 2 min read
For the Sake of ‘Market Integrity,’ Bakkt Won’t Offer Bitcoin Futures Margin Trading

Many have forewarned corruption as the titans of finance more toward institutionalized cryptocurrency, eyeing every new futures contract as a potential to return to the banking practices Bitcoin was created to rise above. However, one institution resisting the trend...

Read More 2 min read
EOS, Ethereum & Komodo Take Top Spots in China’s Latest Blockchain Ratings

The China Electronic Information Industry Development (CCID) Research Institute has released its August blockchain ratings, and EOS has landed at the top. Additionally, despite complications Block.One faced during its mainnet launch of the EOS platform, CCID has remained confident in the...

Read More 1 read
Announcement: CryptoSlate Launches New Product Database, Featuring Dapps, Wallets, Miners and More

CryptoSlate has revealed its newest website feature–a Product Database containing dApps, crypto wallets, games, mining hardware and more. From a single website, users can now easily access news, coin data, upcoming events and products related to cryptocurrency and blockchain....

Read More 2 min read
Cointree-Gobbill Partnership Enables Australians to Pay Bills With Cryptocurrency

Through industry-forward applications, cryptocurrency is making its way into public adoption as an everyday medium of exchange. On Aug. 20, fintech startups Cointree and Gobbill confirmed a partnership that will allow Australians to pay their bills with cryptocurrency. Faster...

Read More 2 min read
Sorry ICOs, Bitcoin and Cryptocurrencies will Gain Relevance with Starbucks and Kodak

Big name brands and retail conglomerates, not ICOs, will take Bitcoin and other cryptocurrencies to the next level, according to ICOx Innovations President Bruce Elliott. Traditional Players Will Propagate Cryptocurrency Usage While Elliott’s company helps introduce companies to the cryptocurrency...

Read More 3 min read
Ethereum-based ‘CryptoKitties’ Believes Asian Gamers are the ‘Killer App’

With large sums of money and public attention turned toward blockchain technology and cryptocurrencies, the question of the ultimate “killer app,” or an app that immensely drives adoption and creates real-world value, remains. The Chinese Gamble That Paid-Off “CryptoKitties,”...

Read More 3 min read
Switzerland: Largest Stock Exchange’s Head Unsure of Crypto Trading, Bullish on ICOs & “Token Ecosystem”

The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. While the news sparked a bounce in...

Read More 2 min read
Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence

Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.” Exchange Fees Indicate Market Interest According to a...

Read More 2 min read
Coinbase Applies for Direct Bitcoin Payments System Patent

Digital asset exchange Coinbase continues to make strides in streamlining user access to cryptocurrency payments and trading, following an application for a direct bitcoin payments system patent, filed Aug. 14. Making Bitcoin Payments More Convenient and Secure San Francisco-based...

Read More 2 min read
South Korea Invests $4.4 Billion in Blockchain Technology

Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. Korea’s Blockchain Push On Aug. 13, local news outlet Yonhap reported that South Korea set aside $4.4...

Read More 1 read
Bitcoin Permabull Pantera Capital Details $175 Million Crypto-Fund

Cryptocurrency- and blockchain-focused investment fund Pantera Capital is aggressively pursuing its belief in the burgeoning asset class as it seeks a mammoth $175 million in investments from institutional investors for its third crypto venture. Pantera’s Cryptocurrency Push According to TechCrunch,...

Read More 2 min read
Binance LCX Debuts Fiat-to-Crypto Exchange in Liechtenstein

Binance will add another stamp to its passport book, having joined forces with Liechtenstein Cryptoassets Exchange (LCX) to build a new fiat-to-cryptocurrency exchange in the European nation. The new Liechtenstein-based exchange, dubbed Binance LCX, will support trading between the euro, Swiss...

Read More 2 min read
Ripple’s xRapid Secures Exchange Partnership with Bittrex and More

Ripple has signed on three new exchange partners–Bittrex, Bitso and Coins.ph–to carry the xRapid digital asset in their respective regions. Dig this: As of right now @BittrexExchange, @Bitso and @coinsph are now official partners for xRapid transactions using #XRP. What does it...

Read More 2 min read
Venezuela: Petro Cryptocurrency Becomes National Unit-of-Account

The cryptocurrency situation in Venezuela received a push on Tuesday, Aug. 14, after President Nicolás Maduro announced that the state-issued Petro token is legally a unit-of-account in the crisis-stricken country, ABC International reports. Maduro’s Giant Cryptocurrency Experiment Launched in February...

Read More 2 min read
Thailand Greenlights Seven Crypto Operators to Service Clients

Seven cryptocurrency businesses were approved by Thai regulators, Aug. 16, to legally conduct digital asset operations as part of the country’s shift toward optimizing the local blockchain, ICO and cryptocurrency ecosystem. Thailand’s Cryptocurrency Push According to the Thai SEC, seven...

Read More 2 min read
Cryptocurrency Custodian Services are Wall Street’s Chance at Being Crypto-Relevant

Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class...

Read More 2 min read
KuCoin Names Ian Balina as Global Titan Ambassador

Unveiled Aug. 10, the KuCoin ambassador program will allow crypto-industry experts to suggest new blockchain and cryptocurrency projects for listing on the exchange. On Aug. 14, the exchange revealed its first ambassador–crypto influencer Ian Balina. KuCoin Welcomes Crypto Influencer...

Read More 2 min read
Caribbean: Major Bank Partners with Fintech Startup to Explore Issuing Central Bank Digital Currency

West Indian fintech startup Bitt has entered a Memorandum of Understanding (MoU) with Sint Maarten and the Central Bank of Curaçao (CBCS) to explore the possibilities and advantages of introducing a state-backed digital currency. Micro-Revolution Underway As indicated in an...

Read More 2 min read
Bitmain Holds Nearly 6% of Bitcoin Cash Supply, Accused of Price Manipulation for IPO

Surfaced documents suggest that Bitmain has accumulated nearly $1 billion worth of Bitcoin Cash, raising eyebrows over the cryptocurrency’s role in a prospective $18 billion initial public offering (IPO). The documents were first tabled by Samson Mow in a Tweet, who included...

Read More 2 min read
India: Government Officials Propose “Crypto Tokens,” Maintain Negative Crypto Outlook

Despite continuing to maintain an unfavorable stance for cryptocurrencies and citing their potential role in money laundering, Indian government officials revealed they are looking at tokenized datasets and other cryptographic forms of blockchain technology. Open to Crypto, Closed to...

Read More 2 min read