In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation.
In general, adoption, as it relates to the technology world, is the process of something becoming more widely used and well known. Blockchain adoption has increased over the years since Bitcoin (BTC) launched in 2009 as an asset running on blockchain technology. Distributed ledger technology, or DLT, has caught the attention of mainstream companies for various use cases, such as supply chain management, while many crypto-native projects continue harnessing the tech.
Bitcoin adoption has also grown since the asset first came into the world, with entities showing greater interest in allocating funds to BTC. The Bitcoin adoption rate has increased over time. Cryptocurrency adoption, in general, has also increased, as assets other than Bitcoin have gained publicity.
The Metaverse Group HQ is based in Crypto Valley, a virtual space in Decentraland.1295
Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims.2038
Crypto adoption in the real estate market could see fractional property ownership becoming more popular.2352
Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike.4160
The decentralized finance industry is growing rapidly, and it's time for portfolio risk management to keep up with innovations.5078
The marketing will adjust to a new crypto future, with a decentralized consumer community, operating via Web 3.0.9051
A father's gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000.24381
The event saw friendly boxing matches between prominent crypto Twitter entrepreneurs, with RookieXBT taking the WBC Crypto Champion belt.6447
Sadly, there are several reasons why the blockchain community has fallen short in making privacy a tier-one priority, and that must be changed.7537
The most important innovation that the iPhone brought — which the crypto space needs to gain mass adoption — is the user experience.15455
To be the future lifeline of industries, blockchain technology needs to embrace the old-fashioned quality of interconnectivity.5917
Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined.5379
GFSC-approved Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument with custody supported by Fidelity Digital Assets.6913
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?3703