Category: Blockchain

Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run

Ethereum’s previous bull run, which saw a record-high of $4,350 hit, boosted the booming non-fungible token (NFT) and decentralised finance (DeFi) sectors. Dan Tapiero, the CEO of 10T Holdings, believes that institutional adoption is propelling the next leg of Ethereum’s bull run. He explained: “Institutional adoption of Ethereum driving the next leg of the

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Bitcoin (BTC) arouse the attention of crypto communities followed by lively discussions after the leading cryptocurrency recently breached the psychological price of $40K. Low volatility had engulfed the BTC market because of its price that had consolidated between the $30-$40K range for months.  Market analyst Holger Zschaepitz believes that the three major central banks, namely

Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones

Bank of Korea has announced a pilot plan to launch its CBDC (Central Bank Digital Currency) through the Galaxy smartphones of Samsung Electronics, a South Korean multinational electronics company. The Central Bank of South Korea is looking to offer CBDC as an alternative for physical currency. The Central Bank started its pilot program on June 28,

Ape-Themed NFT CyberKongz Leads Top Protocols in Ethereum Burning Rate

Ape-themed Non-Fungible Token project, CyberKongz has taken the lead amongst all protocols for the highest Ethereum burn rate in the past 24 hours, according to the burning leaderboard as provided by Ultrasound. Money, CyberKongz VX has burnt a total of 1,432.65 ETH in the past 24 hours, surpassing the entirety of the burning rate on OpenSea,

Walmart Hires Digital Currency and Cryptocurrency Product Lead

The multinational retail giant in the United States, Walmart, hires the leader for cryptocurrency and digital products. According to the official recruitment information, Walmart aims to find talent with more than ten years of experience in product or project management and technology commercialisation and a specific in-depth understanding of cryptocurrency and related technologies. As the

Study Says Global Cryptocurrency Adoption Pegs at 19%, Hong Kong Ranks Second amid the Abrupt Political Landscape

Finder, an independent data comparison platform, has released its latest cryptocurrency report studying the current adoption rate on cryptocurrencies in the nascent industry. The global average for the percentage of people who own crypto is pegged at 19%. The Finder’s crypto report highlights that Bitcoin (BTC) is the most popular digital currency being backed by investors across