Skyfire launches blockchain payment network that lets AI spend your money
The company is currently focused on B2B, but there are countless potential applications for consumers.
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Blockchain adoption 2021: Going mainstream through enterprise use
American market research company Forrester recently released its blockchain predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for growth in the enterprise blockchain and distributed ledger technology space. Martha Bennet, principal analyst at Forrester and a co-author of the report, told Cointelegraph that the firm’s blockchain predictions are…

Blockchain for Retail: Use Cases and Potential Applications
Cryptocurrencies have gone a long way since the day when, nine years ago, Laszlo Hanyecz had paid 10,000 bitcoins for two large Papa John’s pizzas, marking the first purchase of tangible goods for digital money. Although bitcoin is still far from being universally accepted by retailers, thousands of merchants around the world are taking crypto in…

‘Free coin to everyone’ project aims to make 1B crypto owners in 2 years
Backed by a16z and co-founded by Sam Altman, Worldcoin will give free crypto in exchange for an eye scan. 1508 Total views 16 Total shares Funded by crypto heavyweights, new crypto unicorn Worldcoin revealed its plan to let everyone claim free coins to accelerate global crypto adoption.Providing the world population with free cryptocurrency sounds like…

Bitcoin OG keeps faith in bull market as BTC price bounces 8%
Bitcoin (BTC) swiftly erased its month-to-date losses on June 7 as volatility returned to ultimately favor the bulls. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBTC price cancels Binance, Coinbase dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,388 on Bitstamp — almost a new June high.The pair continued a rebound that had begun…

US lagging behind in global stablecoin adoption — Chainalysis
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.

Not everyone in the crypto industry is thrilled about PayPal’s recent news
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs. While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits beyond the immediate price movement.According to an Oct. 21 blog…

South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country. 1159 Total views 25 Total shares The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17.According to a report from…

KuCoin crypto exchange debuts USDT-dominated NFT ETF
KuCoin's new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC. 293 Total views 30 Total shares Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC).KuCoin’s NFT ETF Trading Zone went live…