From robotic pets and digital currencies to virtual reality, some of the biggest innovations were once considered failures.
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When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Bank of Korea governor Ryoo Sangdai reportedly said that banks should be the first to issue stablecoins, and they should do so slowly.
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Anthony Pompliano’s crypto firm ProCap has purchased 3,724 Bitcoin after announcing a $1 billion plan to go public later this year.
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Green Minerals says it will raise $1.2 billion to buy Bitcoin and plans to adopt blockchain technology in areas such as supply chain transparency and operational efficiency.
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Betting platform Polymarket is reportedly set to be valued at $1 billion in a $200 million raise led by Peter Thiel’s Founders Fund.
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Coinbase says it helped the US Secret Service seize $225 million in crypto allegedly stolen by scammers, the largest crypto seizure in the agency’s history.
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Rising institutional interest in crypto may include the settlement sector, especially stablecoins, which have seen a 55.5% growth in market cap in one year.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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The integration comes with help from several Web3 companies, whose technologies offer a compliant user experience.
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Chinese blockchain company Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply.
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If Bitcoin continues to tumble this season, it will mark its fourth consecutive summer in the red, while TradFi aims to extend its winning streak to three.
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Digital Asset raised $135 million from Goldman Sachs, Citadel and others to scale its Canton Network and drive tokenization of real-world assets in finance.
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Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.
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Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299.
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The US Federal Housing Finance Agency is reviewing whether crypto holdings like Bitcoin could be used to qualify for mortgages.
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