Adoption

Argentina is on the verge of becoming a crypto hub after sealing a strategic partnership with the Cardano Foundation to facilitate blockchain adoption.  This, coupled with technical moves confirms a bullish outlook above $1 with an analyst predicting $7.8 for ADA.  The Entre Ríos Province in Argentina makes a groundbreaking move towards the facilitation of blockchain adoption through a strategic partnership with the Cardano Foundation. This is confirmed in information reviewed by CNF disclosing that the strategic partnership was signed and…

Franklin Templeton CEO Jenny Johnson predicts that the current phase of Bitcoin exchange-traded fund (ETF) adoption is only the beginning. She suggests another wave is coming as institutions become more comfortable with Bitcoin ETFs. Her insights emphasize the growing potential of Bitcoin ETFs and the transformative impact of tokenizing real-world assets. Institutional Adoption and Future Potential of Bitcoin ETFs In a recent interview with CNBC, Johnson highlighted the success of EZBC, Franklin Templeton’s spot Bitcoin ETF. This fund has amassed…

Web3 Foundation awards first DF grant in Asia to PolkaPort East to promote Polkadot’s decentralization. PolkaPort East focuses on investment relations and growth for Polkadot in Hong Kong’s Greater Bay Area. The Web3 Foundation has granted a Decentralized Futures (DF) award to PolkaPort East, marking the first instance of such a grant in Asia. This grant aims to enhance the decentralization of the Polkadot network and to foster its adoption across various sectors including technology, community involvement, and regional development.…

Finance expert David Krause has applauded Wisconsin’s bold move to invest in Bitcoin and says that a wave of US states will soon invest in the top crypto. While Wisconsin only invested $180 million, Krause believes it’s a trial run and that the state will continue pouring more money into Bitcoin ETFs. Three weeks ago, the State of Wisconsin Investment Board (SWIB) became the first in the US to invest in Bitcoin through Grayscale and BlackRock ETFs, as Crypto News…

Warsaw, Poland, June 3rd, 2024, Chainwire Competitive Web3 gaming protocol, Elympics has announced a number of new initiatives which are set to realise the full potential of Web3 gaming and facilitate mass adoption. The announcements were made to an audience of over 1.500 Web3 influencers and enthusiasts at the Next Block Expo (NBX) in Warsaw, Poland and will bring its Compete-to-Earn model to gamers across the world.  TON INTEGRATION Michal Dabrowski, Chief Executive Officer (CEO) of Elympics, announced from the…

BlackRock has incorporated its iShares Bitcoin Trust ETF into its Strategic Income Opportunities and Global Bond Funds. This move signifies a significant push toward mainstream Bitcoin adoption by making it accessible to a broader client base globally. BlackRock, a prominent asset management company, has broadened its investment strategy by integrating shares of its Bitcoin ETF, the iShares Bitcoin Trust (IBIT), into its Strategic Income Opportunities Fund and Strategic Global Bond Fund. With initial investments of $3.56 million and $485,000 respectively,…

The National Securities Commission of Argentina (CNV) confirmed the country is considering cooperating with El Salvador on Bitcoin adoption. This follows an important meeting between Argentinian and Salvadoran regulators last week. Officials from Argentina’s CNV met with Juan Carlos Reyes, head of El Salvador’s National Digital Assets Commission (CNAD), to discuss El Salvador’s Bitcoin regulation strategies. Learning from El Salvador’s Experience High-ranking CNV officials, including President Roberto Silva and Vice President Patricia Boedo, visited El Salvador. The President highlighted Argentina’s…

Solana is looking to dominate the DePIN sector as it overtook the memecoin scene. Among its top projects include Render, Helium Network, and Shdwdrive. So far, 2024 has been a successful year for DePIN protocols on the Solana blockchain, with a spike in adoption led by Render and Helium. Solana is on track to dominate the Decentralized Physical Infrastructure Networks (DePINs) sector after a similar experience in the memecoin ecosystem. Render Take the Lead on Solana The DePIN sector has…

Hong Kong, Hong Kong, May 24th, 2024, Chainwire LBank Labs is delighted to announce its strategic investment in XION, an innovative blockchain platform designed for mainstream use. This investment is part of XION's impressive $25 million Series A funding round, which saw participation from top investors like Animoca Brands, Laser Digital (Nomura), Multicoin, Arrington Capital, Draper Dragon, Sfermion, and GoldenTree. XION's Generalized Abstraction provides a comprehensive infrastructure solution to remove the numerous adoption barriers uch as complex onboarding, unfamiliar user…