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Adoption

Adoption news: Stay informed on the latest trends and developments in the adoption of new technologies and financial systems.

Adoption

Adoption news: Stay informed on the latest trends and developments in the adoption of new technologies and financial systems.

Adoption   -   Mar 16, 2023 Smart Accounts Through Account Abstraction. The Missing Piece For Mass Adoption Of Crypto?
ERC 4337

Ethereum community announces a revolutionary method to combine the security of self-custody wallets with the convenience of custodian ones. The "account abstraction", or simply put, smart contract in the wallets account promises a breakthrough in adoption.

Adoption   -   Mar 13, 2023 Due to ‘Systemic Risk’ Signature Bank is Closed by Regulators to Join Silvergate and SVB as an Ex-Bank
Due to ‘Systemic Risk’ Signature Bank is Closed by Regulators to Join Silvergate and SVB as an Ex-Bank

Signature Bank has become the latest casualty of the current US banking crisis, having been closed down by regulators on Sunday to prevent a risk of instability spreading to the wider financial system.

USDF consortium member banks
Regulation   -   Mar 17, 2023 US Banking Consortium Urges Congress to Ease Restrictions on Use of Blockchain Technology

At a Subcommittee hearing of the House Committee on Financial Services last week, the USDF Consortium asked for a reduction in regulation on blockchain use by federally-insured banks, arguing that the technology should not be unfairly conflated with cryptocurrency.

Jack Martin
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Regulation   -   Mar 17, 2023 US Banking Consortium Urges Congress to Ease Restrictions on Use of Blockchain Technology
USDF consortium member banks

At a Subcommittee hearing of the House Committee on Financial Services last week, the USDF Consortium asked for a reduction in regulation on blockchain use by federally-insured banks, arguing that the technology should not be unfairly conflated with cryptocurrency.

Jack Martin
Adoption   -   Mar 16, 2023 Smart Accounts Through Account Abstraction. The Missing Piece For Mass Adoption Of Crypto?
ERC 4337

Ethereum community announces a revolutionary method to combine the security of self-custody wallets with the convenience of custodian ones. The "account abstraction", or simply put, smart contract in the wallets account promises a breakthrough in adoption.

Alex Harutunian
Adoption   -   Mar 13, 2023 Due to ‘Systemic Risk’ Signature Bank is Closed by Regulators to Join Silvergate and SVB as an Ex-Bank
Due to ‘Systemic Risk’ Signature Bank is Closed by Regulators to Join Silvergate and SVB as an Ex-Bank

Signature Bank has become the latest casualty of the current US banking crisis, having been closed down by regulators on Sunday to prevent a risk of instability spreading to the wider financial system.

Jack Martin
Adoption   -   Mar 11, 2023 Silvergate Bank Announces Voluntary Liquidation
Silvergate bank liquidated

Following our report on the beleaguered US crypto banking sector, former banking partner of choice for many major crypto exchanges, Silvergate Bank, has announced that it will enter voluntary liquidation and wind down operations.

Jack Martin
Adoption   -   Mar 09, 2023 What on Earth has Happened to the US Crypto Banking Sector Post FTX?
Silvergate Bank HQ

Of the two biggest US crypto banks prior to last November’s meltdown at FTX, Silvergate is reportedly now negotiating a route with the FDIC to avoid imminent closure, while rival Signature has made moves to significantly cut back on its crypto exposure. What exactly has gone wrong?

Jack Martin
Adoption   -   Mar 08, 2023 Bybit’s Mastercard
Bybit's Mastercard-powered debit card

Bybit is launching a Mastercard-powered debit card, allowing users to pay with their crypto assets.

Sasha Markevich
Adoption   -   Feb 28, 2023 Deutsche Bank Completes Proof of Concept for Digital Fund Management Platform
Deutsche Bank Singapore Memento Blockchain

Deutsche Bank, has successfully completed its proof of concept known as Project DAMA, with technical partner Memento Blockchain. The project aims to show how a permissioned platform can provide a one-stop-shop solution to facilitate digital fund management and investment servicing.

Jack Martin
Adoption   -   Feb 28, 2023 The Archdiocese of Washington has Begun Accepting Donations in Cryptocurrency
The Roman Catholic Archdiocese of Washington & Engiven

The Roman Catholic Archdiocese of Washington began accepting donations in cryptocurrency. This was made possible thanks to the collaboration of The Archdiocese of Washington with the Engiven platform.

Alex Harutunian
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