Adoption
Adoption
Burrito chain Chipotle is giving away over $200K worth of crypto
American food chain Chipotle is celebrating national avocado day by giving away free Bitcoin, Ethereum, Avalanche, Solana and Dogecoin via its interactive game 'Buy the Dip'.
Adoption
Investment bank Moelis & Co. launches advisory group for blockchain companies
Moelis & Co. offers its advisory capabilities and existing blockchain expertise to benefit the blockchain space and drive crypto adoption higher.
Memecoins
Shiba Inu announces SHIB Burn Visa Card
Shiba Inu team announced the upcoming SHIB Burn Visa Card with the slogan "Make payments, burn SHIB."
Adoption
BCG, Bitget, and Foresight Ventures report says real crypto expansion is coming
A joint report from BCG, Bitget and Foresight Ventures revealed that crypto is still at the beginning of the adoption curve and it will expand exponentially, especially in APAC and LatAm.
Exchanges
Crypto.com continues expansion with Cyprus
Three days after Italia, crypto giant Crypto.com received regulatory approval from the Cyprus watchdog on July 22.
Bear Market
Blockchain.com downsizes by 25% after 3AC collapse
Blockchain.com got caught up in the Three Arrows Capital fallout and downsized by 25%. The company closed its office in Argentina, and let 150 people go in total.
Layer-2
Polygon launches Nightfall to provide enterprise solutions via ZKP tech
Polygon's Head of Enterprise Antoni Martin introduced Nightfall, Polygon's new scalability solution with enhanced privacy.
Payments
SWIFT turns focus to digital assets in 2022 hackathon
Payment giant SWIFT aims to bring the brightest minds of the digital assets to collaborate and innovate as an industry at its 2022 hackathon
Crime
FBI detects fake crypto apps that scammed $42.7M from 244 victims
The FBI recently issued a public warning against fake crypto apps after detecting three fraudulent apps that stole about $42.7 million between October 2021 and May 2022.
CBDCs
Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
Nigeria's low-cost digital currency e-Naira is having gaining traction as banks are reluctant to promote it due to concerns that it will impact their revenue.
People
Michael Novogratz predicts BTC could hit $500K by 2027
Galaxy Digital's CEO Mike Novogratz thinks global economy and crypto adoption will still push Bitcoin up to $500K in 5 years, despite the current bear market.
Adoption
Hong Kong Monetary Authority: Crypto is likely to integrate with the future financial system
Hong Kong Monetary Authority recently said that crypto will probably play a central role in the financial systems in the future.