Israel will have its first central securities lending platform this November, built on blockchain technology.
The cryptocurrency adoption rate is hard to research because of the private nature of cryptocurrencies. Still, there are some things that can be established about what may be slowing down cryptocurrency adoption. As a lot of blockchain platforms have stated, cryptocurrency awareness and education are not yet high enough to lead more people into the industry. Some people don’t even know what cryptocurrencies are, some lack the information about what it may be used for and some see no benefits of it at all. But people well-educated in cryptocurrency do have their own doubts about it, as cryptocurrencies have shown a lack of stability. Cryptocurrency investments and its use as a payment tool is associated with risks. There are also some government events that slow down cryptocurrency adoption, with governmental restrictions on the use of cryptocurrency for businesses and financial institutes.
A total of $4 billion in value is now locked in the DeFi markets, according to DefiPulse.com.10826
Vitalik Buterin discusses how ETH 2.0’s randomness function could benefit future lotteries.7972
Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale.19525
Chainlink and the Colorado State Lottery have partnered on a hackathon with the goal of creating new games to generate $1 billion in future revenues from its lottery.7377
Binance indicates crypto debit cards are on their way to Europe.7018
NEAR blockchain protocol integrates Chainlink’s data oracles and considers using its verifiable randomness function for better gaming and DeFi applications.3210
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk.3088
One metric suggests that heading into its fifth anniversary, Ethereum has had a much faster rate of growth and adoption than Bitcoin.12577
Somewhat behind schedule, Cambodia’s banks are readying themselves for a forthcoming national blockchain-based currency.3803
The founder of Synthetix believes that the DeFi ecosystem is realizing many of the promises that the fintech sector has failed to deliver.10079
At a webinar targeting financial advisors, Grayscale’s managing director preached the value of Bitcoin and warned against physical representations of the asset.5356
Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties.4335
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption.3298
Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead?9242