Tagged: Crypto Adoption

January 6, 2022 @ 9:49 pm By Omar Faridi  |  

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 28, 2021 @ 2:18 am By Omar Faridi  |  

This week, crypto (again) reached “record levels” of investment while industry professionals gathered to predict the key trends for the sector in 2022, the team at Sygnum Bank wrote in a blog post. At the same time, Sygnum has introduced a structured product offering (what… Read More

December 27, 2021 @ 1:40 pm By Omar Faridi  |  

The blockchain and crypto-assets space has grown tremendously during the past 18 months due in part to the acceleration of the ongoing digital transformation. Many more consumers and business organizations are completing tasks online instead of visiting physical locations to avoid the further spread of… Read More

December 26, 2021 @ 10:17 pm By Omar Faridi  |  

Bitcoin Depot is celebrating consistent growth this year as the firm looks ahead to 2022 in an update shared with Crowdfund Insider. Bitcoin Depot notes that consumers and retailers have increasingly been turning to their crypto ATM company for “secure, convenient, and fast transactions.” This… Read More

November 3, 2021 @ 11:54 am By Omar Faridi  |  

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-powered virtual banking solutions provider for U.S. banks and credit unions, has announced STAR Financial Bank as its first client to empower customers with trading systems that “allow the purchase, sale, and secure storage of Bitcoin, powered by NYDIG.”… Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

September 2, 2021 @ 8:46 pm By Omar Faridi  |  

We recently connected with Sameep Singhania, Founder and Director at Ginete Technologies and also the founding member at QuickSwap, which is described as a next-generation, layer-2 DEX (or non-custodial or decentralized exchange). Sameep told us that layer-2 blockchain solutions have gained massive popularity in recent… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

August 4, 2021 @ 10:41 am By Omar Faridi  |  

The team at Brooklyn, New York based ConsenSys, a leading Ethereum (ETH) development studio, has published its latest report on the Current State of DeFi. The report from ConsenSys provides a detailed analysis of Ethereum’s decentralized finance ecosystem and its ongoing growth during Q2 2021…. Read More

June 29, 2021 @ 3:17 pm By Priyanka Pani  |  

Puerto Rico-based digital bank FV Bank has announced that it has inked a deal with Fireblocks, a platform for securing digital assets. Through this association, FV Bank will leverage Fireblocks’ MPC-based wallet and network infrastructure to provide digital asset custody services to its customers. FV… Read More

June 28, 2021 @ 12:03 pm By Omar Faridi  |  

Crypto.com revealed on Monday (June 28, 2021) that they are teaming up with global Fintech firm Circle, in order to offer USD deposits and withdrawals to more than 30 different countries. Crypto.com clients may now transfer USD from their bank accounts and get USD Coin… Read More

June 17, 2021 @ 1:35 am By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

June 7, 2021 @ 11:41 pm By Omar Faridi  |  

Razer, a leading gaming hardware producer, is looking to further diversify its operations by offering cryptocurrency-related services. At present, Razer is “carefully evaluating” a possible entry into the crypto sector, according to recent reports. Min-Liang Tan, CEO at Razer, a global lifestyle and gaming company,… Read More

April 25, 2021 @ 6:15 pm By Omar Faridi  |  

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

April 18, 2021 @ 11:00 pm By Omar Faridi  |  

We recently connected with Danial Daychopan, CEO and Founder of UK-based Plutus, a financial services provider that aims to bridge the gap between traditional fiat currencies and “upcoming” cryptocurrencies. Plutus says it offers the “best of both worlds,” which includes centralized fiat and non-custodial crypto,… Read More

April 4, 2021 @ 9:36 pm By Omar Faridi  |  

Elaine Sun, Compliance Director of digital assets firm Huobi Technology, recently noted that the traditional financial infrastructure and the idea or concept of money are “changing before our eyes.” Sun adds that the concept of “store of value” has mostly been associated or tied to… Read More

March 21, 2021 @ 2:21 pm By Omar Faridi  |  

Researchers at Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) have published an update, titled The Future of Payments in which they look into whether Bitcoin (BTC) may offer any value to the financial system. The bank’s research team points out that Bitcoin or BTC’s market capitalization… Read More

February 23, 2021 @ 8:02 am By Omar Faridi  |  

There are now around 100,000 Bitcoin (BTC) addresses that are holding more than $1 million worth of the cryptocurrency. The Bitcoin and crypto-mania has helped many individuals become millionaires (many almost overnight) as the digital asset continues to attract many more new investors including major… Read More