Normal view

There are new articles available, click to refresh the page.
Before yesterdayMain stream

Bitcoin collateral, not trading volume, will signal real bank adoption: fintech veteran

9 September 2026 at 12:37
Fintech veteran Wojciech Kaszycki has identified three tests for real bank adoption of Bitcoin: client custody balances, credit-funded spot trades and its use as loan collateral, following Standard Chartered’s launch of deliverable BTC and ETH trading for eligible UAE institutions.…

When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

2 September 2026 at 15:15

Bitcoin Magazine

When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

A lot of people have heard of Bitcoin but even among those who hold it, knowledge is shallow. 

Though for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. 

That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin. 

In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. 

“Ranked by the share of all respondents who have ever owned bitcoin, the leaders are not wealthy financial centers — they are economies where the national currency has been unstable and everyday access to dollars or reliable banking is hard,” the report read.  

“In each, bitcoin functions less as a speculative bet and more as a practical workaround.” 

Still, Cornell found that actually being able to explain the fundamentals of the protocol was difficult for most — including how many bitcoins would ever be minted in existence. In fact, 58% of those surveyed said they didn’t know the supply was capped at 21 million coins. 

But technicalities aside, the cryptocurrency has still proved helpful to people wanting to use it, the report found. 

One Venezuelan — who wasn’t named — told interviewers that Bitcoin was “faster, cleaner, and much less risky” than other methods of getting dollars in the country. 

While another Salvadoran was quoted saying: “When nobody controls [bitcoin], it means we all have control of it.”

And a Nigerian interviewee reportedly told Cornell researchers: “I’ve been to six African countries and whenever I go there, I don’t fear it because I know I can spend my bitcoin.”

Bitcoin adoption started growing in Venezuela ahead of other countries years ago, when hyperinflation crippled the economy and strict government currency controls meant getting dollars became difficult. 

El Salvador made bitcoin legal tender — along with the dollar — in 2021. The country’s leader admitted that getting its citizens to use the cryptocurrency was difficult but the Central American nation still says it buys the asset for its government coffers. 

In Nigeria, which has had some of the highest transaction volumes in the world, saving in bitcoin has been used by some to get around the collapse of the naira.

Cornell University’s research was fielded by Morning Consult in partnership with the Tech Policy Institute in Cornell University’s Jeb E. Brooks School of Public Policy, the Cornell Bitcoin Club, the Human Rights Foundation and the Reynolds Foundation.

Researchers interviewed 25,880 people in 25 countries between December 16, 2024 to March 10, 2025, asking 125 individual questions. 

This post When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Cardano News: ADA Anchors 500,000 Supply-Chain Records for Public Proof

31 August 2026 at 08:54

The Cardano Foundation and Brazilian technology firm Blockforce announced some big news. ADA is now live as the public proof layer inside Blockforce’s enterprise supply-chain traceability platform. The system is already running with Brazil’s largest fashion groups and has anchored more than 500,000 supply-chain records.

The structural problem this solves is straightforward. Regulated supply chains need outside parties to confirm a record is genuine without handing over the commercial data behind it. A fully private database gives brands no way to prove anything to an outsider. A fully public ledger proves everything but exposes pricing, supplier identities, and contract terms to anyone watching the chain.

Cardano is now live as the public proof layer in Blockforce’s traceability platform, with more than 500,000 supply chain records already anchored.

Commercial data stays private on Hyperledger Fabric, while cryptographic proofs on Cardano allow records to be independently… pic.twitter.com/zJ6iD6Aydv

— Cardano Foundation (@Cardano_CF) August 31, 2026

Blockforce’s answer keeps detailed records for each supply-chain step on a permissioned network, visible only to the parties directly involved. Only the cryptographic proof of those records gets anchored to Cardano, where any auditor, regulator, or customer can confirm a record’s integrity without ever touching the underlying data.

Cost is what kept this model stuck at the pilot stage. Anchoring hundreds of thousands of individual records publicly was never economically viable at enterprise transaction volume, which is precisely the scale regulated traceability requires once a program moves past a handful of pilot suppliers.

ada logo
Cardano (ADA)
24h7d30d1yAll time
Visit MEXC

How Blockforce’s Dual-Ledger Proof Layer Works in This Cardano News

Joint engineering between the two organizations cut the cost per record by 92%, which is the figure both sides point to as the unlock that moved public verification out of proof-of-concept territory and into production at real volume. More than 500,000 records are already anchored under that model.

Supplementary technical material from Blockforce describes the permissioned side of the architecture as running on Hyperledger Fabric, with additional storage components referenced alongside it.

https://cryptonews.com/

The full architecture, including the uVerify component and the specific batching parameters used to group certificates into Cardano transactions, is laid out in the Cardano Foundation’s Blockforce case study.

Guilherme Pereira, Ecosystem Growth Specialist LATAM at the Cardano Foundation, framed the milestone in infrastructure terms rather than novelty terms:

“The milestone for me is seeing blockchain fit naturally into enterprise infrastructure, delivering the verifiability, traceability, and scale that companies need. Supply chain records are written today and questioned years later, and a public network is what keeps that proof intact for the full product life cycle.”

Trade ADA on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Compliance and Traceability Implications

The announcement itself does not certify compliance with any specific regulatory regime by name. It frames the model around giving auditors and regulators independent verification capability, not a compliance stamp.

Broader references to EU sourcing rules circulating in trade coverage should be treated as market context rather than claims made by the Cardano Foundation or Blockforce directly.

Suelen Joner, head of sustainability at Azzas 2154, described the practical goal driving adoption:

“Our goal is to trace 100% of the leather across our brands by 2030. To get there, we built a solution with Blockforce that works with the reality of the chain and uses the data suppliers already produce. Rather than asking them to adopt new systems, we start from that information and turn it into a single auditable record.”

Beyond fashion, the two organizations say expansion is planned into automotive, agribusiness, pharmaceuticals, and cosmetics, using the same dual-ledger structure.

Discover: The Best Token Presales

The post Cardano News: ADA Anchors 500,000 Supply-Chain Records for Public Proof appeared first on Cryptonews.

Cardano News: ADA Anchors 500,000 Supply-Chain Records for Public Proof

31 August 2026 at 08:54

The Cardano Foundation and Brazilian technology firm Blockforce announced some big news. ADA is now live as the public proof layer inside Blockforce’s enterprise supply-chain traceability platform. The system is already running with Brazil’s largest fashion groups and has anchored more than 500,000 supply-chain records.

The structural problem this solves is straightforward. Regulated supply chains need outside parties to confirm a record is genuine without handing over the commercial data behind it. A fully private database gives brands no way to prove anything to an outsider. A fully public ledger proves everything but exposes pricing, supplier identities, and contract terms to anyone watching the chain.

Cardano is now live as the public proof layer in Blockforce’s traceability platform, with more than 500,000 supply chain records already anchored.

Commercial data stays private on Hyperledger Fabric, while cryptographic proofs on Cardano allow records to be independently… pic.twitter.com/zJ6iD6Aydv

— Cardano Foundation (@Cardano_CF) August 31, 2026

Blockforce’s answer keeps detailed records for each supply-chain step on a permissioned network, visible only to the parties directly involved. Only the cryptographic proof of those records gets anchored to Cardano, where any auditor, regulator, or customer can confirm a record’s integrity without ever touching the underlying data.

Cost is what kept this model stuck at the pilot stage. Anchoring hundreds of thousands of individual records publicly was never economically viable at enterprise transaction volume, which is precisely the scale regulated traceability requires once a program moves past a handful of pilot suppliers.

ada logo
Cardano (ADA)
24h7d30d1yAll time
Visit MEXC

How Blockforce’s Dual-Ledger Proof Layer Works in This Cardano News

Joint engineering between the two organizations cut the cost per record by 92%, which is the figure both sides point to as the unlock that moved public verification out of proof-of-concept territory and into production at real volume. More than 500,000 records are already anchored under that model.

Supplementary technical material from Blockforce describes the permissioned side of the architecture as running on Hyperledger Fabric, with additional storage components referenced alongside it.

https://cryptonews.com/

The full architecture, including the uVerify component and the specific batching parameters used to group certificates into Cardano transactions, is laid out in the Cardano Foundation’s Blockforce case study.

Guilherme Pereira, Ecosystem Growth Specialist LATAM at the Cardano Foundation, framed the milestone in infrastructure terms rather than novelty terms:

“The milestone for me is seeing blockchain fit naturally into enterprise infrastructure, delivering the verifiability, traceability, and scale that companies need. Supply chain records are written today and questioned years later, and a public network is what keeps that proof intact for the full product life cycle.”

Trade ADA on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Compliance and Traceability Implications

The announcement itself does not certify compliance with any specific regulatory regime by name. It frames the model around giving auditors and regulators independent verification capability, not a compliance stamp.

Broader references to EU sourcing rules circulating in trade coverage should be treated as market context rather than claims made by the Cardano Foundation or Blockforce directly.

Suelen Joner, head of sustainability at Azzas 2154, described the practical goal driving adoption:

“Our goal is to trace 100% of the leather across our brands by 2030. To get there, we built a solution with Blockforce that works with the reality of the chain and uses the data suppliers already produce. Rather than asking them to adopt new systems, we start from that information and turn it into a single auditable record.”

Beyond fashion, the two organizations say expansion is planned into automotive, agribusiness, pharmaceuticals, and cosmetics, using the same dual-ledger structure.

Discover: The Best Token Presales

The post Cardano News: ADA Anchors 500,000 Supply-Chain Records for Public Proof appeared first on Cryptonews.

Garlinghouse Says 67M US Crypto Owners Show Industry Has Gone Mainstream

20 August 2026 at 23:30

Ripple CEO Brad Garlinghouse has pointed to a new ownership estimate showing 67 million Americans hold cryptocurrency, arguing that the industry is no longer fringe.

The figure comes from the National Cryptocurrency Association and The Harris Poll’s 2026 State of Crypto Holders Report. The survey estimates that roughly 25% of US adults own crypto, based on a sample of 10,000 respondents.

That is a major claim, but the scope matters.

The 67 million figure is an estimate, not a registry count. There is no nationwide wallet database proving exactly how many Americans own crypto. Still, a large survey showing one in four adults holding crypto is a strong sign that digital assets have moved beyond early adopters.

TL;DR

  • Brad Garlinghouse cited a report estimating 67 million US crypto owners.
  • The figure represents roughly 25% of US adults.
  • The number is survey-based, not a globally verified ownership registry.

Why The 67M Figure Matters

Crypto adoption has always been difficult to measure.

Wallets are pseudonymous. One user can have many wallets. Exchange accounts do not always equal active ownership. Some people hold tiny balances. Others hold through ETFs or custodians.

That is why survey data is imperfect but still useful.

A large consumer survey can show whether crypto has entered mainstream financial behavior. If roughly a quarter of US adults say they own crypto, then the industry is no longer limited to traders, developers, and early believers.

That is Garlinghouse’s point.

Ripple’s Mainstream Argument

Garlinghouse has long argued that crypto needs to move from speculation into real utility.

A large ownership figure supports the political and commercial case that digital assets are now part of everyday financial life. That matters for policy because lawmakers may treat crypto differently if they believe tens of millions of voters hold it.

It also matters for companies.

Banks, fintechs, payment providers, exchanges, and asset managers pay attention when user adoption crosses mainstream thresholds.

For Ripple, the argument supports a broader message: crypto is not a niche sector waiting for permission to exist. It already has a large user base.

Surveys Need Careful Framing

The caution is that survey estimates are not exact counts.

A 10,000-person sample can be robust, but it still depends on methodology, wording, demographics, and respondent honesty. Crypto ownership can also mean different things to different people. Someone with $20 of Bitcoin on an app may answer the same way as someone with a large self-custodied portfolio.

That does not invalidate the result.

It simply means the number should be described as an estimate.

The phrase “67 million Americans own crypto” is powerful, but readers should understand how the estimate was produced.

Crypto’s Political Weight Is Growing

The bigger implication is political.

If crypto ownership is anywhere near 25% of US adults, digital asset policy is no longer a fringe regulatory topic. It affects a large potential voter group, a growing investor base, and a meaningful part of financial-market participation.

That may explain why market-structure bills, ETF approvals, custody rules, and enforcement policy now receive more attention in Washington.

Politicians may not agree on crypto, but they can no longer ignore it.

The Adoption Debate Is Changing

The early crypto adoption debate was about whether anyone outside a small technical community would care.

That debate is over.

The new debate is about what people actually use crypto for: saving, speculation, payments, remittances, stablecoins, DeFi, NFTs, tokenized assets, ETFs, or simply portfolio exposure.

Ownership alone does not prove deep usage. But it does show familiarity and access.

Garlinghouse’s point is that crypto has entered the mainstream conversation. The 67 million figure gives that argument a headline number.

The next test is whether ownership turns into durable utility.

This article is based on the National Cryptocurrency Association and Harris Poll 2026 State of Crypto Holders Report.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information released in disclosures at primary source documentation.

CZ Wallet Abandoned After Traders Earned Big on Signals

18 August 2026 at 04:27

Changpeng Zhao, known as CZ, transferred $965,000 in BNB and BinanceLife tokens to his Giggle Academy education initiative and confirmed he is retiring the public wallet that funded the donation. The address had become one of the most-watched wallets on BNB Chain, and traders were extracting six-figure profits by front-running his token burns before Zhao decided to shut it down.

CZ described the problem as mundane and said that meme coin spam had made the wallet address unusable. Writing on Binance Square, he said he was testing Trust Wallet when unsolicited tokens cluttered the interface to the point he could no longer easily find his own BNB. Every attempt to burn the excess only invited more speculative sends, turning routine housekeeping into a public spectacle, he said he could never fully clean up.

🚨LATEST: CZ officially stops using his public wallet, saying it’s “almost impossible to clean out” as unsolicited meme coins continue piling in.

Multiple traders had been monitoring CZ’s wallet for trading signals, with one reportedly making $282K, a 29x return, after spotting… pic.twitter.com/Ja8LUcU55h

— Coin Bureau (@coinbureau) August 18, 2026

Rather than migrate the balance to a fresh private address, Zhao routed the full amount to Giggle Academy, the free education project he funded after leaving Binance’s leadership. He said he intends to stop using the wallet entirely, effectively turning it into a burn address.

CZ Wallet Turned Into a Trading Signal

The mechanics behind the front-running are simple once mapped out. Because BNB Chain activity is fully visible, any burn Zhao executed reduced the circulating supply in a way that could move the price, and traders watching the address in real time could position ahead of the reaction. Lookonchain’s data shows one operator compounding a small stake into a six-figure exit almost entirely by anticipating those burns.

CZ Binance retired his public wallet after traders profited by front-running burns, sending $965,000 in assets to Giggle Academy.

None of this has moved BNB meaningfully. The token sits around $602, with little to no movement, a mixed backdrop that suggests the market still treats the wallet drama as a niche trading story rather than a price catalyst. Our model carries an A+ rating on BNB with a longer-horizon projection of +34.13% over one year, detailed further on its BNB forecast page.

bnb logo
Bnb (BNB)
24h7d30d1yAll time

Trade BNB on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

What’s Next

Retiring the address resolves the specific front-running loophole that produced those six-figure gains, since copy-traders lose their signal once the wallet goes quiet. But the underlying tension is not solved, as any new address Zhao uses may eventually be identified and watched with the same intensity, and the incentive to find it is now measured in hundreds of thousands of dollars per successful guess.

For now, the last recorded activity on the old wallet is the transfer that funded Giggle Academy, closing out a small but lucrative corner of BNB Chain trading.

Discover: The Best Crypto to Diversify Your Portfolio

The post CZ Wallet Abandoned After Traders Earned Big on Signals appeared first on Cryptonews.

❌
❌