Tag Archives: Blockchain Adoption

The latest report from DappRadar is up, and the numbers reveal a clear trend in the growing GameFi section. It appears that the interest in the space is higher than ever as money keeps finding its way into blockchain-based online gaming projects. GameFi Thriving According to January’s report by popular data resource, DappRadar, GameFi is booming, and blockchain-based online games received over $1 billion in funding in January alone. For comparison, for the entire 2021, the...

Crypto mergers and acquisitions (M&A) soared from $1.1 billion in value in 2020 to $55 billion, representing a massive surge of 4,846%, according to a report by PwC. The average size of an M&A increased threefold, from $52.7 million to $179.7 million. The report notes that a few mega-billion SPAC were behind this substantial jump. Crypto M&A Deals. Source: PwCMoreover, 2021 saw the activity shift back to the Americas. The region increased its shares of the total...

Investment in the crypto space soared in 2021. Globally, crypto projects attracted over $30 billion, compared to $5.4 billion in 2020. In its Pulse in Fintech report, KPMG points to an “incredible increase in recognition of crypto’s potential in fintech. According to the multinational ‘Big Four’ accounting firm, 2021 saw a surging interest in crypto and blockchain in the fintech world. Established institutional players explored what roles crypto can play in financial...

The Asia-based medical services company Zuellig Pharma has developed a blockchain platform to improve its vaccine tracking service and prevent accidents that could compromise the public’s health. eZTracker, Zuellig Pharma’s management system, guarantees the authenticity of vaccines, preventing the smuggling of medical products and the misappropriation of vaccines and supplies during their official distribution. How eZTracker Can Prevent Vaccine Frauds Zuellig Pharma’s...

The global provider of secure financial messaging services, SWIFT, is planning to launch an innovative pilot in the first quarter of 2022 that will see it explore interoperability in the nascent asset tokenization market. SWIFT to Test Tokenized Assets Aside from SWIFT, other participants in the initiative will include Clearstream, Northern Trust, Citi-backed enterprise blockchain firm SETL and other industry players, the company noted in a recent announcement. Thomas...

The power of memes is nothing to scoff at. According to Grayscale’s third annual Bitcoin Investor Study, Dogecoin is the most well-recognized altcoin. 74% of those surveyed have heard of the meme coin, compared to just 56% that have heard of Ethereum. Bitcoin is still king, however, recognized by 99% of investors. Awareness Around Altcoins Grayscale’s end-of-year study examines investor “perspectives and attitudes” around Bitcoin. However, it also covers some comparative...

Over the ensuing decade, the cryptocurrency industry has evolved from narratives such as “Wild West,” “unregulated,” and “experimental” to an important aspect of the financial infrastructure. It has managed to convert skeptics into advocates and proponents. Today, crypto’s potential is enormous, and Mubadala Investment Company’s CEO and Managing Director Khaldoon Al Mubarak understand that very well. Not a Skeptic In an interview with CNBC, Khaldoon doubled down on the...

Step aside, Brave, Opera Browser wants to become the king of Web 3 browsers. In an official blog post on Friday, December 10, Opera announced a partnership with Solana Labs to add native support for the popular blockchain, allowing it to run a native Solana wallet along with all the dApps in the ecosystem. Solana Goes To The Opera The Opera team said on Twitter that the integration was expected to be ready by Q1 2022. By then, users should be able to enjoy all the benefits of...

Kickstarter, the world’s most famous crowdfunding platform, wants to dive headfirst into the blockchain world, changing the technology behind its business model while still offering the same user experience. The firm explained in an official blog post that this decision is part of an effort to find better tools to fulfill its mission of bringing creative projects to life through community collaboration. Kickstarter Wants to be Decentralized —And Green Kickstarter is not...

Several gaming and technology leaders have gathered to form Game7 – an upcoming blockchain ecosystem acceleration decentralized autonomous organization (DAO) with a $500 million budget. The DAO seeks to intersect the $180 billion gaming industry with blockchain technology. Accelerating Blockchain Adoption in the Gaming Industry The initiative was announced in a press release seen by CryptoPotato. Game7 was proposed as a $500M blockchain gaming DAO that will seek to accelerate...