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Over 80% of Top-100 Public Companies Now Using Blockchain Technology

Over 80% of the world’s top 100 public companies currently use blockchain technology, according to a survey by market intelligence platform Blockdata. Sponsored Sponsored While interest and adoption by these corporations started as early as 2014, as of September 2021, 81 of the top 100 public companies are using blockchain technology. This figure also includes companies in a research phase, meaning they are exploring opportunities to determine which technology suits them. Different stages of development However, even disregarding those merely at the research stage, there are still 65 companies actively developing

Wall Street-Style Crypto Regulation Coming, Says Kraken Lawyer

The cryptocurrency industry should brace for ‘Wall Street-style’ regulation, according to Kraken Chief Legal Officer Marco Santori.Sponsored Sponsored “You’re just living in a fantasy world if you don’t believe that this industry is going to face heavier, more Wall Street-like regulation from governments in the U.S. and abroad, and Kraken has simply been practical about that future,” Santori told Bloomberg. Authorities have been cracking down on the cryptocurrency industry over the past few months, taking issue with everything from stablecoins to decentralized exchanges to lending products. As warnings mount from state

Bitget KCGI Trading Competition Opens for Registration on 20, October with a Prize Pool of 100 BTC

Derivatives exchange Bitget announced the launch of King’s Cup Global Invitational (KCGI). According to the announcement, the contest has set up a prize pool of 100 BTC and 500 million BGB as well as other custom-made prizes. The registration will open from 20 October to 4 November (UTC+8), and the competition will start from 10:00 am on 30 October to 10:00 am on 20 November (UTC+8). It is reported to be an annual event for global elite traders held under the principle of unity, fairness and competitive spirit. “This contest

Weekly Blockchain News Roundup

We are back again, bringing you the most talked-about cryptocurrency news of this past week. We want to help you find current and relevant news, so you always know what’s happening in the cryptocurrency and blockchain markets. Staying up to date on news does not only help you stay knowledgeable, but it may even help you make your next trade more wisely. In this weekly news roundup, we hope to inform you about your favorite exchanges, where countries lie in crypto adoption, and what blockchain updates to expect. Let us

Is this revenue stream sustainable for Ethereum

The rising interest in NFTs has been well-documented over the past few weeks. Whether it is Ethereum-based Crypto Punks or BSC’s CryptoBlades game, engagement and traffic has been consistent. This has fueled the development of a new marketplace altogether. While activity is bringing eyes to this new form of asset, it is also generating massive sales. In fact, according to data, in the month of August alone, total sales volume worth $5 billion was recorded. That is a whopping 1103% increase month-over-month from July. A total of 5.6 million NFT

BIS Tests CBDCs for International Settlements Between Several Countries

The Bank for International Settlements (BIS) is cooperating with several countries to test the use of central bank digital currencies (CBDCs) for international settlements.Sponsored Sponsored In participation are the central banks of Australia, Malaysia, Singapore and South Africa. The experiment could lead to a more efficient global payments platform. ‘Project Dunbar’ Led by BIS’ Singapore Center, “Project Dunbar” aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs. This would allow financial institutions to transact directly with each other using the digital currencies. Consequently, this would eliminate the

Sotheby’s To Auction 202 Bored Ape NFTs This Week

Auction house Sotheby’s will sell over 200 NFTs related to BAYC and BAKC on September 2, marking yet another big non-fungible token (NFT) sale for the art broker.Sponsored Sponsored British-founded auction house Sotheby’s is set to auction 202 NFTs of the Bored Ape series — BAYC and BAKC. The NFTs will be open for purchase from September 2 at 10:00 EDT. The auction will last a week and end on September 9. The NFTs were developed by Yuga Labs. The owners of the NFTs can offer serums to the apes