#adoption
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Bitcoin’s Institutional Adoption Gains Momentum
Thumzup Media and KULR Technology Group have acquired Bitcoin worth $1 million and $21 million, respectively. Both companies aim to hold 90% of their reserves in BTC, emulating MicroStrategy’s bold strategy. Institutional enthusiasm for Bitcoin remains strong even after its price fell to $95,000. Can SocialFi Find Its Trojan Horse to Break Into the Big Leagues?
The road to mass adoption has been far more challenging for SocialFi than anticipated. Yet, decentralized social networks are still fighting for a place under the sun, positioning themselves as alternatives to traditional platforms. So, what’s the real issue? What is Chain Abstraction?
In computing, "abstraction" generally involves hiding complex technical details from the user experience (UX), making such complexities invisible to users. Chain abstraction follows a similar principle, aiming to simplify the UX in the multi-chain environment of the cryptocurrency industry. 
Oklahoma Paves the Way for Bitcoin Integration
Senator Dusty Deevers has introduced the “Bitcoin Freedom Act,” aiming to incorporate BTC into Oklahoma’s economy. This initiative draws comparisons to El Salvador’s decision to adopt Bitcoin as legal tender, signaling a new era for cryptocurrency adoption. Switzerland Unveils Statue of Satoshi Nakamoto
On October 25, a statue honoring Bitcoin's founder, Satoshi Nakamoto, was inaugurated in Lugano, Switzerland. The statue, crafted by Valentina Picozzi, was commissioned as part of Plan ₿—an initiative founded in partnership between Tether and the Lugano city government to foster BTC and blockchain adoption. Chainalysis Report: Global Cryptocurrency Adoption in 2024
Chainalysis released its latest Global Cryptocurrency Adoption Index for the first half of 2024. The report is calculated using several parameters, including the usage of DeFi and CeFi protocols, to evaluate the level of cryptocurrency adoption across more than 150 countries. 
The Symbiosis of TON and Telegram: A Key to Mass Crypto Adoption
The collaboration between TON and Telegram provides a compelling avenue for user engagement. This assertion gains credence from the simplicity of the approach: Telegram serves as the sole platform necessary for all blockchain activities. Crypto’s Path to Traditional Finance: Chainalysis Has a Roadmap
Chainalysis, the renowned blockchain analytics firm, has published "The Crypto Maturity Journey," a guide for merging crypto products with the TradFi ecosystem, detailing the stages from education to their seamless adoption into business practices. Arbitrum Becomes First Layer-2 Blockchain on Paxos Platform
The Arbitrum Foundation announced its partnership with Paxos to bring its network to the regulated tokenization platform, making Arbitrum the first Layer-2 blockchain to do so. This collaboration is a key step toward building a network designed for institutional adoption. AI Adoption: China Takes the Lead
A study by SAS reveals that China is at the forefront of global AI implementation, with 83% of companies utilizing artificial intelligence. This is notably higher than the adoption rates in the UK (70%), the US (65%), and Australia (63%), with the global average at 53%. Senior Generation and Crypto
There’s a visible gap in how much different age groups know about crypto and tend to buy. According to research by Galaxy Digital, based on many surveys, older generations have at least 3 times lower adoption and acceptance rates of crypto than younger ones. This article takes a look at the interaction between seniors and the crypto industry.