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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

SoFi Technologies to cease crypto services by Dec. 19

?You can agree to have your account migrated to Blockchain.com or close your account instead,? the company wrote.

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  Posted by u/ 10 months ago

Dogecoin-funded SpaceX Moon Mission To Launch in January

DOGE-1, a Dogecoin-funded SpaceX moon mission, has received a key regulatory approval from the National Telecommunications and Information Administration.

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  Posted by u/ 10 months ago

Paxos Receives Approval To Issue Stablecoins In Abu Dhabi

Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market.

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  Posted by u/ 10 months ago

This Web3 security protocol recovered $800K in user funds after Vulcan Forged exploit

This Web3 security protocol halted on-chain transactions to recover $800,000 in Vulcan Forged user funds after a Web3 gaming platform suffered a security breach.

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  Posted by u/ 10 months ago

Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals

The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project

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  Posted by u/ 10 months ago

Digital Euro Debate Heats Up: Experts Divided on Central Bank Digital Currency

After a two-hour hearing regarding the potential issuance of a digital euro, expert testimony has done little to settle the continent?s legislative debate on central bank digital currencies (CBDCs).\r\n\r\nMembers of the European Parliament invited four expert witnesses to a hearing on Tuesday to...

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  Posted by u/ 10 months ago

Crypto Regulation News Weekly Digest: CZ?s Guilty Plea and Grayscale?s Bitcoin ETF Prospectus

Binance founder's guilty plea, Grayscale's unrelenting Bitcoin ETF efforts, Singapore's tighter crypto rules, and Lagarde's warning about crypto based on son's losses covered in this weekly crypto regulation digest.

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  Posted by u/ 10 months ago

Poloniex to Resume Withdrawals Starting With TRX After $100M Hack

Following a $100M hack, Poloniex announces gradual restoration of crypto withdrawals and deposits, beginning with TRX. Details on the exchange's phased timeline to re-enable services, upcoming airdrop for users, and efforts to prioritize fund safety.

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  Posted by u/ 10 months ago

Aerodrome and Velodrome Suffer Front-End Security Breach

Decentralized crypto exchanges Velodrome and Aerodrome have warned users about a front-end security breach on their websites.

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  Posted by u/ 10 months ago

U.S. Treasury Sanctions North Korean Government?s Crypto Mixer Sinbad

According to a statement released Wednesday, the U.S. Treasury Department has placed sanctions on the government of North Korea's crypto mixer, Sinbad.

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  Posted by u/ 10 months ago

Former British Chancellor's crypto firm Copper launches tokenized securities platform

Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors.

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  Posted by u/ 10 months ago

Deputy U.S. Treasury Secretary Puts ?Bad Actors? in Crypto on Notice, Delivers Remarks at D.C. Policy Summit

U.S. Deputy Treasury Secretary, Wally Adeyemo, had choice words for ?bad actors? in the crypto spacewhile delivering remarks at the Blockchain Association?s Policy Summit in D.C. Wednesday.

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  Posted by u/ 10 months ago

Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter

Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.

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  Posted by u/ 10 months ago

BlackRock Revises Bitcoin ETF Model To Appease SEC Concerns

BlackRock executives held another meeting with the Securities and Exchange Commission (SEC) on Tuesday to discuss the firm?s application to launch a Bitcoin (BTC) spot ETF in the United States.\r\n\r\nBased on publicly released notes from the meeting, the asset manager has modified its ETF...

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  Posted by u/ 10 months ago

IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East

Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans.

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  Posted by u/ 10 months ago

Can Sony and Microsoft bring blockchain to gaming consoles?

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

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  Posted by u/ 10 months ago

South Korean Police Arrest 48 in ?Crypto-powered Drug Trafficking? Raids

Police in the South Korean city of Daegu say they have raided a ?drug trafficking organization? that used crypto as a payment tool ? and arrested 48 people.

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  Posted by u/ 10 months ago

Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits

Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023.

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  Posted by u/ 10 months ago

Celo Developer Sets Framework for Layer-2 Decision by January

Celo developer cLabs proposes a strategic framework for selecting their Layer-2 technology, aiming for a decision by mid-January.

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  Posted by u/ 10 months ago

Today in Crypto: Toniq Launches ?First Ordinals-Specific NFT Marketplace Built on Bitcoin L2?, Neobank Brighty Reveals European B2B Platform Brighty Business

Get your daily, bite-sized digest of crypto and blockchain-related news ? investigating the stories flying under the radar of today?s news.

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  Posted by u/ 10 months ago

Bitcoin Price Prediction: BTC Nears $38K, Bull Run & ETF Hopes Up

In the ever-volatile world of cryptocurrency,Bitcoinonce again captures headlines with its price surging to $37,861, marking a robust 1.8% increase on Wednesday. Investors and traders alike are riding a wave of optimism as Bitcoin edges toward the $38,000 mark.

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  Posted by u/ 10 months ago

Binance operating without license in Philippines, regulator says

According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 in penalties.

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  Posted by u/ 10 months ago

Jack Dorsey wants to decentralize Bitcoin mining with new investment

Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.

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  Posted by u/ 10 months ago

Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report

An unconfirmed report suggests Taurus will provide crypto custodial services to Spanish fin-serv giant Banco Santander.

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  Posted by u/ 10 months ago

Bitcoin?s Exchange Supply Declines to Lowest Levels Since December 2017

Bitcoin holders are increasingly embracing self-custody amid a waning trust in cryptocurrency exchanges.

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  Posted by u/ 10 months ago

Poloniex prepares to resume withdrawals after $100M hack

Poloniex says it will start resuming deposits on Nov. 30 with Tron (TRX), the cryptocurrency of Justin Sun-founded Tron blockchain.

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  Posted by u/ 10 months ago

Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire

Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering.

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  Posted by u/ 10 months ago

Estonian court nixes extradition of accused crypto scammers to US

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can?t be exposed to U.S. detention conditions.

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  Posted by u/ 10 months ago

CME Bitcoin futures show investors betting on $40K BTC price

The Bitcoin futures annualized premium jumped to 34% on Nov. 28, leading analysts to speculate about an imminent spot BTC ETF approval.

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  Posted by u/ 10 months ago

SEC Calls for Public Input on Franklin Templeton and Hashdex Bitcoin ETFs

Commentators are specifically requested to provide their opinions on the vulnerability of the Bitcoin ETF to market manipulation.

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  Posted by u/ 10 months ago

Research the dynamics of market manipulation before you jump in Bitcoin ETFs

Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC's chief concern is figuring out how to prevent manipulation induced by ETFs.

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  Posted by u/ 10 months ago

Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model

Pando?s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.

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  Posted by u/ 10 months ago

VC Firm Electric Capital Warns Crypto Community About New Disguised Crypto Scam

Scammers are pretending to be from Electric Capital and setting up meetings with investors, asking them to send cryptos.

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  Posted by u/ 10 months ago

KyberSwap?s Hacker Threatens to Postpone Talks Over Hostility in Encoded Message

KyberSwap's negotiations with the hacker are on the brink of collapse due to escalating hostility and threats from both sides.

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  Posted by u/ 10 months ago

Soccer Superstar Cristiano Ronaldo Sued for Promoting Binance Crypto Exchange ? Here?s the Latest

Soccer superstar Cristiano Ronaldo is facing a proposed class-action lawsuit for promoting crypto exchange Binance.

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  Posted by u/ 10 months ago

Soccer Legend Cristiano Ronaldo Faces $1B Class Suit for Promoting Binance

The plaintiffs claim users lured by Ronaldo's promotions engaged with Binance for other activities, like buying unregistered securities.

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  Posted by u/ 10 months ago

Binance?s Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties

Gulf Energy chief Sarath Ratanavadi said that Binance wasn?t accused of fraud or misappropriating customer assets in the US settlement.

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  Posted by u/ 10 months ago

Israeli Officials: 70% Spike in Donations Made to Hamas-Related Charities Since Oct 7

There has been an increase in donations to charities linked to Hamas following the group's deadly attack on Israel on October 7.

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  Posted by u/ 10 months ago

Chainlink (LINK) Sees Largest Spike in Whale Transactions for 2023: Data

Chainlink recorded its largest spike in whale transactions for the year.

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  Posted by u/ 10 months ago

Biggest Crypto Gainers Today on Uniswap ? KAP, DOGE-1

Blue-chip cryptocurrencies are consolidating close to recent highs, with Bitcoin (BTC) having once again challenged year-to-date highs earlier in the session in the $38,400s. Here are some of the best-performing shitcoins.

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  Posted by u/ 10 months ago

Velodrome and Aerodrome DEXs Face Frontend Attacks

Velodrome and Aerodrome assure the security of Protocols funds and confirm unimpacted contracts.

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  Posted by u/ 10 months ago

Over 75% of Web3 games ?failed? in last five years: CoinGecko

The ?failed? blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak.

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  Posted by u/ 10 months ago

Shifting Tides in Crypto: A Groundbreaking Force Challenges Established Giants

A transition is underway in the digital asset arena as BorroeFinance ($ROE), a developing innovation, emerges as a contending force against top crypto coins. Meanwhile, Ethereum (ETH) slid following speculations about a possible delay in approving a spot Ethereum ETF. Decentraland (MANA), on the other hand, gained upside momentum amid increasing market volatility. How is BorroeFinance ($ROE) challenging these top […]

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  Posted by u/ 10 months ago

New altcoin steals the show as Bonk surges on KuCoin listing and Dogecoin?s on-chain rises

Bonk (BONK) price rising after KuCoin listing. Dogecoin’s on-chain activity resurges. Additionally, Dogecoin’s DOGE-1 mission to the moon has been approved. Recent meme coins’ developments have stirred excitement and intrigue among cryptocurrency investors and enthusiasts alike. This news update covers the notable surge in Bonk (BONK) following its listing on KuCoin, the approval of the […]

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  Posted by u/ 10 months ago

SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases. There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap […]

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  Posted by u/ 10 months ago

Duelbits announces partnership with football star Luis Suarez

Duelbits has announced a strategic alliance with Luis Suarez, a Uruguayan national team and former Liverpool and FC Barcelona star. The online casino and sports betting platform will use the partnership in a brand campaign across the globe. Duelbits has partnerships with Aston Villa and the Argentina national team. Duelbits, a crypto sportsbook and online […]

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  Posted by u/ 10 months ago

ScapesMania and its potential to outshine Ripple (XRP) and Cardano (ADA) in the cryptocurrency investment race in 2024

ScapesMania: Innovatively positioned for growth in the crypto market. Ripple (XRP): Resilient despite legal challenges, with fluctuating market performance. Cardano (ADA): At a pivotal point, with potential for significant price movements based on market trends. The cryptocurrency market has pulled back from recent highs, but overall sentiment remains bullish. Bitcoin and major cryptocurrencies like Ether show resilience, […]

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  Posted by u/ 10 months ago

Paxos receives two new in-principle approvals in Abu Dhabi

Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. Blockchain infrastructure firm Paxos has scored another regulatory milestone as it expands its reach globally. On Wednesday, the New York-based company announced […]

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  Posted by u/ 10 months ago

IOTA announces $100 million Ecosystem DLT Foundation in the UAE

IOTA continues strategic expansion with first DLT Foundation in the UAE’ The IOTA Foundation will allocate $100 million to the initiative. IOTA price was rallying after the news, up 50% at the time of writing. IOTA’s strategic expansion has reached another milestone with the registration of the first DLT foundation in the United Arab Emirates […]

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  Posted by u/ 10 months ago

Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity

Experts say AI has huge potential in smart contract audits and crypto security in future. Unfortunately, ChatGPT sucks at it right now.

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