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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

A Suspicious 'Munger' Coin Soars Then Crashes After Billionaire Charlie Munger's Death

A memecoin that was minted 15 minutes after Charlie Munger's death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.

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  Posted by u/ 10 months ago

Crypto for Advisors: Investing in Web3

Alex Tapscott, author of the recently published book Web3: Charting the Internet?s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today?s Advisors.

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  Posted by u/ 10 months ago

UK Won?t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.

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  Posted by u/ 10 months ago

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report

The bill is awaiting presidential approval.

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  Posted by u/ 10 months ago

Paying for Use Slows Down Crypto's Search for a Use Case

CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.

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  Posted by u/ 10 months ago

Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic

The findings have an echo of De Vries' previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.

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  Posted by u/ 10 months ago

Republicans' Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say

Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.

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  Posted by u/ 10 months ago

Sui Surpasses $150M in TVL, Showcasing Blistering DeFi Momentum

Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta?s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi

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  Posted by u/ 10 months ago

Crypto Hacking And Fraud Cases Cost $343 Million In November

Immunefi reports a staggering $343 million in losses due to crypto hacking and fraud, marking the highest monthly loss this year.

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  Posted by u/ 10 months ago

Binance Launches Tripartite Banking Deal for Risk Mitigation

Binance launches tripartite banking, marking a significant milestone in the crypto industry.

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  Posted by u/ 10 months ago

SEC Slows Hashdex Bitcoin ETF Dream, Testing Investor Patience!

U.S. Securities and Exchange Commission (SEC) has issued a delay order on Hashdex Bitcoin spot ETF application, shedding light on the regulatory body's efforts to collaborate with potential Bitcoin ETF issuers.

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  Posted by u/ 10 months ago

Binance Withdrawal Wave Has Ended After $4.3 Billion Settlement

The Binance withdrawal wave sees stability in fund outflows after over $1 billion was lost after founder Changpeng Zhao's departure and legal challenges.

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  Posted by u/ 10 months ago

Fidelity Spot Ethereum ETF Now Acknowledged By The SEC

The US Securities and Exchange Commission (SEC) has officially received Fidelity's application to list a Fidelity spot Ethereum ETF, according to a recent SEC filing. 

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  Posted by u/ 10 months ago

Coinbase Global Shares Surge After Competitors Are Eliminated

The largest US crypto exchange sees a remarkable surge in Coinbase Global shares, reaching $120 each.

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  Posted by u/ 10 months ago

DeFi And NFT Markets Are Showing Optimism, But Investors Should Be Careful

JPMorgan's recent research report notes a positive revival in the DeFi and NFT markets, attributing it to expectations of US-listed Bitcoin ETF approval.

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  Posted by u/ 10 months ago

Circle Denies Hamas Funding And Justin Sun Banking: Report

Circle Denies Hamas Funding and Justin Sun Banking. They emphasize their commitment to combating illicit finance activities and supporting regulation in the digital assets industry.

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  Posted by u/ 10 months ago

3AC Founder Su Zhu Is Suspected To Have Been Released From Prison

3AC founder Su Zhu has seemingly been released from prison, as suggested by a recent tweet on a social media platform with a simple "gm."

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  Posted by u/ 10 months ago

Hong Kong Securities Association is Considering an ?ICO? Issuance Mechanism

The Hong Kong Securities & Futures Professionals Association has proposed the establishment of an initial coin offering (ICO) portal in the city.

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  Posted by u/ 10 months ago

Only 35% of Cardano (ADA) Holders Are in Profit: Data

ADA's uptrend appears to be faltering, leaving over half of holders in the red.

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  Posted by u/ 10 months ago

FTX Seeks Court Approval to Wipe Out US IRS?s $24B Claim

FTX disputes IRS claim of $24 billion, citing inflated amount and implausible tax obligation.

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  Posted by u/ 10 months ago

Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

The proposed bill has gained approval from the Chamber of Deputies and is on its way to being approved by President Luiz Inácio Lula da Silva.

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  Posted by u/ 10 months ago

JPMorgan Touts Mexico, India in ?Bumpy? 2024 for Emerging Stocks

JPMorgan Touts Mexico, India in ?Bumpy? 2024 for Emerging Stocks

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  Posted by u/ 10 months ago

Dollar Slips, Asia Shares Drop After November Jump: Markets Wrap

Dollar Slips, Asia Shares Drop After November Jump: Markets Wrap

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  Posted by u/ 10 months ago

S&P 500 Has One of Best November Gains in Century: Markets Wrap

S&P 500 Has One of Best November Gains in Century: Markets Wrap

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  Posted by u/ 10 months ago

S&P 500?s Historic 8.9% Rally Blindsides Skeptics on Wall Street

S&P 500?s Historic 8.9% Rally Blindsides Skeptics on Wall Street

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  Posted by u/ 10 months ago

Democrats vote for subpoenas in Supreme Court ethics probe as GOP storms out

The subpoenas are part of a probe into lavish trips accepted by Supreme Court Justices Clarence Thomas and Sam Alito. GOP lawmakers stormed out of the hearing in protest.

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  Posted by u/ 10 months ago

Court ruling details Perry's efforts to overturn the 2020 election

U.S. Rep Scott Perry has tried to keep the text messages from public view and from being used by federal investigators.

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  Posted by u/ 10 months ago

OnPolitics: Will George Santos be removed from Congress?

The House is expected to vote on whether to expel embattled New York Rep. George Santos Friday.

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  Posted by u/ 10 months ago

Rand Paul saves fellow Republican from choking during Senate luncheon

Sen. Rand Paul, R-Ky., used the Heimlich maneuver to save fellow Sen. Joni Ernst, R-Iowa, from choking at a Senate luncheon Thursday afternoon.

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  Posted by u/ 10 months ago

Biden asks Supreme Court to protect abortion access in emergency rooms

Soon after the Supreme Court overturned Roe v. Wade, the Biden administration required hospitals to provide emergency abortion care in some cases.

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  Posted by u/ 10 months ago

Sarasota police probing Fla. GOP chair sexual battery allegation

The Florida Center for Government Accountability, citing anonymous sources, says police are investigating Ziegler and have seized his cell phone.

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  Posted by u/ 10 months ago

McCarthy, Trump had explosive call after GOP lawmaker was ousted as speaker

Former House Speaker Kevin McCarthy, R-Calif., and former President Donald Trump had a tense phone call after McCarthy was ousted from his leadership post.

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  Posted by u/ 10 months ago

China Misses Out on Everything Rally With Economy in Doldrums

China Misses Out on Everything Rally With Economy in Doldrums

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  Posted by u/ 10 months ago

S&P 500 Rally Hits a Wall at End of Historic Month: Markets Wrap

S&P 500 Rally Hits a Wall at End of Historic Month: Markets Wrap

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  Posted by u/ 10 months ago

George Santos expected to face expulsion vote on Friday

The House is expected to vote on Friday on whether to expel George Santos from Congress.

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  Posted by u/ 10 months ago

Who has been expelled from Congress? Will George Santos join the group?

George Santos could become the sixth House member expelled from Congress. Here's a look at the five House lawmakers who were ousted from the lower chamber.

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  Posted by u/ 10 months ago

Donald Trump will fundraise while his GOP opponents debate

Trump won't do a public event opposite next week's debate, as he did during the first three

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  Posted by u/ 10 months ago

Santos slams the House ahead of expulsion vote

House lawmakers move towards another expulsion vote against Rep. George Santos as faces multiple felony charges concerning his campaign.

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  Posted by u/ 10 months ago

Biden's goal of removing lead water pipes gets boost from EPA proposal

Local utilities across the country would have to dig up and replace aging lead water pipes within 10 years under a Biden administration proposal.

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  Posted by u/ 10 months ago

NY appeals court restores gag order on Donald Trump in civil trial

A New York appeals panel restored the gag order on Donald Trump in his real estate fraud trial, after a pause while the case was argued.

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  Posted by u/ 10 months ago

McCarthy warns Trump he'll lose in 2024 if he's focused on revenge

Kevin McCarthy made clear in an interview that if former President Donald Trump bases his reelection campaign on revenge, he will lose the 2024 race.

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  Posted by u/ 10 months ago

Senate Democrats issue subpoenas in Supreme Court ethics probe

The subpoenas are part of a probe by Democrats into lavish trips accepted by Supreme Court Justices Clarence Thomas and Sam Alito.

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  Posted by u/ 10 months ago

Nikki Haley calls for 'moral clarity' as she takes on Donald Trump, Ron DeSantis

2024 presidential hopeful Nikki Haley is set to launch her first TV ad of the campaign cycle, highlighting the need for what she calls a "new generation" of leadership.

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  Posted by u/ 10 months ago

Security audits ?not enough? as losses reach $1.5B in 2023, security professional says

CertiK co-founder Ronghui Gu told Cointelegraph that it?s ?inexcusable? the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues.

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  Posted by u/ 10 months ago

Stakeholder urges swift implementation of Nigeria?s blockchain policy

SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.

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  Posted by u/ 10 months ago

SEC in Philippines: Binance is Operating Without a License ? Here?s the Latest

The Securities and Exchange Commission in the Philippines has warned users that cryptocurrency exchange, Binance is operating without the required license

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  Posted by u/ 10 months ago

Huddle01 CEO explains why communications tech must be decentralized

Huddle01 CEO Ayush Ranjan tells The Agenda podcast why centralized communications technology is unreliable and requires a decentralized alternative.

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  Posted by u/ 10 months ago

CFTC?s Request for Coinbase User Data Linked to Bybit Investigation ? What?s Going On?

Coinbase users are reportedly receiving emails notifying them that their customer information might be shared with the CFTC.

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  Posted by u/ 10 months ago

Republic Sets Launch Date for Investment Security Token on INX via Avalanche Blockchain

The company revealed that its tokenized investment fund, Republic Note will be launched next week.

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  Posted by u/ 10 months ago

Wormhole raises $225M at $2.5B valuation

The protocol reached a total value locked of $3.8 billion at its peak.

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