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Crypto adoption

Crypto adoption

April 25, 2023

Zimbabwe plans to issue a digital currency backed by gold

The Reserve Bank of Zimbabwe plans to issue a digital currency, that is backed by gold. This move shows Zimbabwe’s commitment to the adoption of crypto and its potential to improve financial access and stability. Here are some key points: The Reserve Bank of Zimbabwe (RBZ) intends to introduce a digital currency backed by gold. […]

Crypto adoption

March 24, 2023

Recent Report: NASDAQ launches crypto custody services

Nasdaq plans to launch its cryptocurrency custody services by the end of the second quarter of this year. According to a recent report by Bloomberg, the services will be made available to customers on a global basis. The service is expected to provide investors with secure storage and trading of digital assets, as well as […]

Crypto adoption

February 3, 2023

UK Treasury publishes crypto regulation framework paper

The UK Treasury has recently published a paper outlining its proposed regulatory framework for cryptocurrencies. This comprehensive 80-page report delves into the difficulties associated with algorithmic stablecoins, nonfungible tokens (NFTs), and initial coin offerings (ICOs). Here are a few takeaways: The UK Treasury recently issued a consultation paper outlining their intentions to enforce regulations on trading […]

Crypto adoption

August 30, 2022

EMURGO Ventures funds DoraHacks to help Cardano

The investment round also included Binance Labs, Crypto.com, FTX Ventures and Circle Ventures among other institutional investors.EMURGO has invested in DoraHacks, a company that leads hackathons. EMURGO is doing this to help develop the Cardano ecosystem. The fundraising round also attracted prominent corporate investors from the cryptocurrency industry, such as Binance Labs, FTX Ventures, Crypto.com […]

Crypto adoption

August 25, 2022

Blockchain: A Vital Niche or the Evolution of Interactions?

Individuals are more frequently turning to social media for information, publishing, and entertainment. However, concentrated players such as Facebook, Tiktok, and Twitter have been chastised for misusing users’ data and employing biased moderation. Web3 alternatives have reached the market, and rival independent social media platforms are now striving to tackle this twenty-first-century issue. With scalability […]

Crypto adoption

June 27, 2022

Trace and platfrom Mogul partner on Metaverse Movies

The decentralized platform Mogul Productions which aims to advance NFTs and DeFi. In the film and entertainment industry is moving ahead with a new partnership. The team has announced a collaboration with Trace Network, the decentralized oracle network. The partnership is geared toward Mogul Productions’ goal of exploring. New ways to bring blockchain technology into […]

Crypto adoption

Bybit CEO proposes the expansion of BitDAO L1 Framework

The exchange says Ben Zhou, the co-founder, and CEO of Bybit, is proposing the expansion of the platform’s BitDAO Layer 1 framework. The expansion will focus on three main areas: cross-chain interoperability, decentralized finance (DeFi), and tokenization. Zhou’s proposal comes as part of Bybit’s overall strategy to increase cryptocurrency adoption. The exchange has already made […]

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