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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

Coinbase Reports Threefold Surge in Law Enforcement Requests, Totalling 13,079 in 2023

Coinbase has faced over 90% criminal enforcement requests from the US, highlighting growing scrutiny.

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  Posted by u/ 10 months ago

Canadians Show Waning Interest in Crypto Investments: Study Finds

The survey indicates that regret over crypto purchases has surged to 77%, marking an increase from the previous year's figure of 68%.

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  Posted by u/ 10 months ago

Cristiano Ronaldo Binance Lawsuit Intensifies As The Superstar Sued For $1B

Cristiano Ronaldo Binance lawsuit update: the professional soccer player who is widely regarded as the greatest player of his generation, faces a $1B lawsuit over endorsing Binance. 

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  Posted by u/ 10 months ago

AI.Society Hits $2 Million Milestone with 1000 Nodes Sold

AI.Society is thrilled to announce a major achievement ? the sale of over 1000 nodes, resulting in a remarkable revenue of more than $2 million.

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  Posted by u/ 10 months ago

Treasuries Extend Gains as Fed Pivot Bet Grows: Markets Wrap

Treasuries Extend Gains as Fed Pivot Bet Grows: Markets Wrap

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  Posted by u/ 10 months ago

 European Stocks Set to Hit Record High in 2024, Citi?s Manthey Says

 European Stocks Set to Hit Record High in 2024, Citi?s Manthey Says

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  Posted by u/ 10 months ago

Biden administration unveils new rules targeting methane emissions

New methane emissions standards are expected to prevent 1.5 billion metric tons of greenhouse gases from being emitted over the next 15 years.

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  Posted by u/ 10 months ago

Why Trump's gag orders are hard to enforce

Donald Trump contends the gag orders interfere with his 2024 Republican presidential campaign, but judges seek to protect staffers and witnesses.

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  Posted by u/ 10 months ago

United Nations Development Program Partners Algorand to Train 22,000 Employees in Blockchain Technology

The United Nations Development Program (UNDP) has partnered with the Algorand Foundation to launch a blockchain academy in a bid to train staff on the technology.

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  Posted by u/ 10 months ago

KuCoin pledges $20K grant to TON Foundation for ecosystem development

The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities.

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  Posted by u/ 10 months ago

New Details Emerge about SBF?s Life in Prison

A former inmate at the Brooklyn Metropolitan Detention Center has revealed details of Bankman-Fried?s life in prison leading up to his landmark fraud trial

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  Posted by u/ 10 months ago

Solomon Islands and Soramitsu Unveil Partnership To Launch CBDC Pilot

The Central Bank of Solomon Islands has revealed a partnership with Japanese blockchain Soramitsu to launch a proof-of-concept for a CBDC named Bokolo Cash.

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  Posted by u/ 10 months ago

Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger

Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam.

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  Posted by u/ 10 months ago

KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ?non-binding?: Finance Redefined

Law firm Cadena Legal said that the guidance released by the Australian Taxation Office is ?non-binding? and must be treated as ?toilet paper.?

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  Posted by u/ 10 months ago

KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps

KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform.

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  Posted by u/ 10 months ago

Tiger Global marks down stakes in BAYC and OpenSea: Report

Investment management company Tiger Global marked down its stakes in the NFT marketplace OpenSea by 94%.

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  Posted by u/ 10 months ago

Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings

The company's decision comes amid the ongoing NFT bear market.

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  Posted by u/ 10 months ago

CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally

While the broader crypto market appears to be moving toward a bull-market phase, NFTs, led by collections like CryptoPunks and Bored Apes, experience a contrasting trend.

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  Posted by u/ 10 months ago

Bitcoin ETFs, user experience will drive adoption ? eToro CEO

Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions? existing modes of operation, making it easier for them to enter the market.

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  Posted by u/ 10 months ago

Matrixport?s Compelling Case: Bitcoin?s Path to $125,000 by 2024

Bitcoin miners' hoarding and scarcity are expected to pave the way for a $125,000 price level.

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  Posted by u/ 10 months ago

Bitcoin Ownership More Diverse Than Expected, Reveals Grayscale Report

A Grayscale Investments report revealed 74% of bitcoin addresses hold less than 0.01 BTC, showcasing diversity in ownership in the network.

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  Posted by u/ 10 months ago

4 Things We?ve Learned About Owning Bitcoin in 2023

For some people, the word bitcoin still triggers an eye-roll, but by now, most of us know that cryptocurrency is here to stay. With that in mind, it?s a good idea to make sure you?re clued up and well-educated on the topic, especially if you?ve ever considered investing yourself. However, with so much misinformation floating […]

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  Posted by u/ 10 months ago

Ethereum monopoly talk sparks SEC concern; whales monitoring Borroe Finance presale

In the dynamic and often unpredictable world of cryptocurrencies, Ethereum has recently found itself at the centre of a complex monopoly debate, closely watched by the SEC.  Simultaneously, in the bustling DeFi and NFT markets, BorroeFinance’s ($ROE) presale is turning heads, especially among crypto whales. Let’s delve deeper into these trending topics and what they […]

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  Posted by u/ 10 months ago

SEI, TIA, and Bittensor lead altcoins surge; Everlodge brings Airbnb opportunities to web3

Recent network upgrade propels Celestia’s (TIA) demand. SEI hits an all-time high at $0.295, showcasing a remarkable 151% monthly surge. Everlodge (ELDG) redefines real estate investment bringing AirBnb opportunities to Web3. In the dynamic landscape of the cryptocurrency market, altcoins are making significant strides, capturing investor attention and defying Bitcoin’s dominance. Notable performers include Sei […]

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  Posted by u/ 10 months ago

Illuvium partners with Team Liquid to bring Web3 game to the mainstream

Illuvium has partnered with Team Liquid to unveil the Early Access release of Illuvium: Arena game. The partnership with the esports platform will see streamers limit-test Illuvium: Arena’s competitive modes. Fans will have a chance to acquire limited-edition Team Liquid digital collectibles called Illuvitars. Illuvium, a decentralised gaming platform on Ethereum, has teamed up with […]

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  Posted by u/ 10 months ago

JPMorgan analysts cautious amid DeFi and NFT resurgence signals

JPMorgan analysts’ report has pointed to a tentative recovery in DeFi and NFTs. The analysts, however, caution against premature optimism. Their report notes a notable uptick in NFT sales volume and increased total value locked in DeFi. JPMorgan analysts, led by Nikolaos Panigirtzoglou, have cautiously approached the recent upswing in decentralized finance (DeFi) and non-fungible […]

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  Posted by u/ 10 months ago

Real AI use cases in crypto: Crypto-based AI markets, and AI financial analysis

Increasing numbers of blockchain marketplaces offer crowdsourced data and compute for AI models ? and can AI analysis improve fund returns?

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  Posted by u/ 10 months ago

Why is the crypto market up today?

The crypto market is up today thanks to MicroStrategy's relentless Bitcoin purchases ahead of the key ETF decisions.

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  Posted by u/ 10 months ago

Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over

Bitcoin reaches levels not seen since May 2022 amid an excited market reaction to the latest Fed inflation commentary.

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  Posted by u/ 10 months ago

Ethereum price rallies toward key resistance but is ETH?s strength sustainable?

Ethereum?s price rally toward $2,100 is driven by new developments in the layer-2 space and investors? anticipation of a spot BTC ETF.

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  Posted by u/ 10 months ago

How Does SBF Spend His Time in Jail, Former Mobster Explains

Crypto Investigator Tiffany Fong sat down with former mafia enforcer Gene Borrello to talk about SBF?s accommodation to prison life.

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  Posted by u/ 10 months ago

Moons Decentralized: Reddit Officially Renounces Moons Contract

Reddit renounces control over the Moons contract, ensuring no further changes and capping the supply, fully decentralizing the token.

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  Posted by u/ 10 months ago

Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings

The license allows Fasset to provide digital asset broker-dealer services to retail and institutional investors, in and from Dubai, to customers globally.

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  Posted by u/ 10 months ago

USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing

CfA had previously asserted that there might be involvement from Circle and Justin Sun in financing terrorist organizations.

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  Posted by u/ 10 months ago

AntPool Plans to Reimburse Record-Breaking $3.1 Million Fee

AntPool has requested the owner to get in touch and confirm ownership by December 10th.

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  Posted by u/ 10 months ago

Polygon Gave DraftKings Multimillion-Dollar Edge in Special Staking Relationship

Polygon quietly gave DraftKings' validator preferential treatment while telling the public it was an "equal" member of the validator community.

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  Posted by u/ 10 months ago

Protocol Village: Blast, Envisioned as Layer-2 With Yield, Now Hiring

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.

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  Posted by u/ 10 months ago

Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood

Data shows over $1 billion worth of BTC has been withdrawn from exchanges recently.

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  Posted by u/ 10 months ago

Cathie Wood's ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares

COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.

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  Posted by u/ 10 months ago

Bitcoin Rises to $38.8K for the First Time Since May 2022

Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.

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  Posted by u/ 10 months ago

Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report

The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

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  Posted by u/ 10 months ago

KuCoin Ventures to Provide $20K Grant to TON Ecosystem

KuCoin Ventures' funding will be allocated to five "mini-apps" on TON focusing on payments and gaming.

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  Posted by u/ 10 months ago

First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 10 months ago

North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency

The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country's projects, the report said.

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  Posted by u/ 10 months ago

Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications

The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine's former head of the State Special Communications Service, according to local news outlet RBC.

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  Posted by u/ 10 months ago

Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco

Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).

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  Posted by u/ 10 months ago

Elon Musk-Inspired 'Go F--K Yourself,' Cybertruck Tokens Surge Among Microcap Punters

Tokens like GFY, TRUCK and GROK tied to Musk's products and recent statements have popped up on Ethereum and other blockchains.

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  Posted by u/ 10 months ago

Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call

November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.

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  Posted by u/ 10 months ago

Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement

The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance."

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  Posted by u/ 10 months ago

U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case

A federal judge threatened to sanction the SEC's lawyers after their "false" arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.

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