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Tag Archives: Blockchain Adoption

Twitter Announces a Team To Focus on Crypto, Dapps, NFTs and Blockchain Technology

Twitter, the darling social network of all crypto enthusiasts, is determined to boost the decentralized technology industry and has created a dedicated crypto team focused on developing solutions for crypto, dapps, and DeFi. Engineer Tess Rinearson will lead the team. Before joining Twitter, Tess was involved in the development of Tendermint Core, also working with Chain.com, the Interchain Foundation, and Cosmos. Hello Twitter Crypto As Tess Rinearson explains in a thread,...

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Mastercard to Support Cryptocurrency-linked Credit, Debit and Prepaid Cards in The APAC Region

Mastercard is expanding its horizons, bringing cryptocurrency payments to the Asia Pacific region. Mastercard has developed the world’s most extensive payment network, with more than 36 million points of sale in more than 210 countries, according to official figures. Mastercard Offers More Options For The Crypto Enthusiasts Despite surpassing the hundred or so supported currencies and payment methods, Mastercard has been testing compatibility with cryptocurrencies for some...

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Avalanche (AVAX) Founder: Stablecoin Adoption Will Mark The Success of the Crypto Industry

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of decentralized currencies if they are to be attractive to the general public. Stablecoins Will Be The Next Big thing ISpeaking to Business Insider,...

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Celsius Network Raises $400 Million in an Funding Round Led by WestCap

Celsius Network– a leading cryptocurrency lending platform – recently received a $400M investment from equity firm WestCap and investment group Caisse de dépôt et placement du Québec (CDPQ). With this, Celsius is now valued at over $3 billion USD. New Funds For Celsius As stated in a press release, the company’s new proceeds will go towards expanding its product offerings and further bridging crypto to traditional finance. It will specifically focus on developing products...

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Google Partners With Bakkt to Bring Google Pay to Crypto Users

Digital asset marketplace Bakkt has partnered with Google to expand the usability of cryptocurrency. Thus, users will soon be able to add their Bakkt Visa Debit Card directly into Google Pay. Google Pay Meets The Bakkt Card As outlined in a press release from BusinessWire, users can soon spend Bakkt Card crypto funds directly from Google Pay. This comes after Bakkt released its Visa Debit Card earlier this year, and now customers will be able to make transactions via digital...

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Billionaire Orlando Bravo’s Firm Plans to Invest in Blockchain Tech Companies

Orlando Bravo – co-founder of Thoma Bravo – has confirmed that his company plans to invest in the broader blockchain industry. Thoma Bravo’s Investment Plans The billionaire businessman revealed his plans to invest at the Bloomberg Invest Global virtual conference on Thursday. The interviewer questioned him about whether Thoma Bravo will be an investor in the cryptocurrency space. Bravo began by reiterating that his company was a “lead investor in the growth equity round of...

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Bank of America: Bitcoin is Important; The Crypto Industry is Too Large To Ignore

Bank of America has published its report “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy, providing an in-depth analysis of the current state of the blockchain industry from cryptocurrencies to DeFi and NFTs. The report says that the industries of cryptocurrencies and decentralized finance services have grown to the point of being “too large to ignore.” BofA’s researchers note that nearly 221 million...

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Cardano is Partnering With American Telecom Service DISH Network

The strategic partnership aims to introduce Cardano’s blockchain technology to DISH’s telecom services, likely to boost Cardano’s adoption and benefiting DISH’s users with 8 million digital identities (D.I.D) on phones satellite. DISH and Cardano Speaking at the Cardano Summit 2021, Hoskinson said that while the main idea was to create a network where users can move seamlessly from one space to another, the underlying business infrastructure has remained “ossified.” “We think...

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Grayscale and iCapital Form Partnership to Facilitate Crypto Investment for Advisors

Grayscale – the world’s largest digital asset fund based in the United States – has recently partnered with fintech investment platform iCapital to provide cryptocurrency investment strategy to the latter’s 6,700+ clients. Crypto Exposure for Wealthy Clients As reported by Globe News Wire, the partnership will be pairing iCapital’s technology and investment capabilities with Grayscale’s expertise in the cryptocurrency space. Together, iCapital will provide access to...

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Mastercard Purchases Crypto Intelligence Company CipherTrace to Boost Security

In another step towards cryptocurrency adoption, Mastercard now plans to acquire CipherTrace– a crypto and blockchain intelligence company aimed at providing anti-money laundering and fraud protection solutions to the digital asset space. How CipherTrace Helps Mastercard The acquisition will help Mastercard provide transparency to their clients regarding payment and investment across the cryptocurrency industry. This not only helps customers to understand their risks when...

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