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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

Protocol Village: Chainlink Expands Staking Mechanism to 45M LINK

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.

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  Posted by u/ 10 months ago

Coinbase Is Dominating a Key Bitcoin ETF Service

The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs ? custody services ? hasn't actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes of BlackRock, WisdomTree and Valkyrie.

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  Posted by u/ 10 months ago

Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern

DOGE's market value has risen 14% to almost $11 billion this month.

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  Posted by u/ 10 months ago

U.S. Treatment of CZ, Binance Is 'Absurd:' Arthur Hayes

The former BitMEX CEO said the record-breaking penalties against Binance represent an institutional bias against the transformative impact of cryptocurrency and blockchain technology.

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  Posted by u/ 10 months ago

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy

The European Parliament's Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.

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  Posted by u/ 10 months ago

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB

A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

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  Posted by u/ 10 months ago

ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High

The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock.

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  Posted by u/ 10 months ago

Animoca Brands Invests in TON Network, Becomes Largest Validator

The gaming and metaverse-focused firm declined to provide details of the investment.

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  Posted by u/ 10 months ago

CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal

The rare signal indicates TradFi has a long exposure but not via spot, one observer said.

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  Posted by u/ 10 months ago

First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 28, 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

A16z Backs Web3 Consumer App Setter in $5M Seed Round

Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users.

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  Posted by u/ 10 months ago

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

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  Posted by u/ 10 months ago

Changpeng 'CZ' Zhao Steps Down From Binance.US Board

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  Posted by u/ 10 months ago

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs

The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.

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  Posted by u/ 10 months ago

Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller

The recently hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.

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  Posted by u/ 10 months ago

Bitcoin Remains on Track for $100K by Year-End 2024: Standard Chartered

An earlier-than-expected spot bitcoin ETF in the U.S. could be the catalyst, said the bank.

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  Posted by u/ 10 months ago

Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.

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  Posted by u/ 10 months ago

COP28 and Bitcoin: The Beginning of a Beautiful Friendship?

COP28 kicks off in the UAE this week. While it is likely to deliver the usual ineffective hand-wringing, at significant cost, this year there is a twist: the presence of Bitcoin delegates shows just how far the industry has come, says Noelle Acheson.

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  Posted by u/ 10 months ago

Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues

Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

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  Posted by u/ 10 months ago

Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'

Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice.

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  Posted by u/ 10 months ago

Everyone Needs a Manifesto

Vitalik Buterin's thoughtful musings on techno-optimism contrast with VC Marc Andreessen?s recent writings.

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  Posted by u/ 10 months ago

Big Tech Has Put Our Future at Risk. It?s Time to Fight Back

The internet was supposed to make us more liberated and healthier. Instead, it stole our data, freedom and mental health, says Project Liberty Founder Frank McCourt, who?s advancing a new digital infrastructure to support a better web and better world.

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  Posted by u/ 10 months ago

Aave's GHO Stablecoin Nears Elusive Dollar Peg

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  Posted by u/ 10 months ago

Binance's Future and Other Questions Post-Settlement

Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors are admitting in court filings that CZ still has most of his money.

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  Posted by u/ 10 months ago

Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing

The deal would see DCG repay $275 million it owes to Genesis by April.

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  Posted by u/ 10 months ago

Ethereum Foundation Welcomes Applicants for Next Billion Scholarship Cohort 4!

The Ethereum Foundation has unveiled a golden opportunity for innovators as it opens applications for the "Next Billion Fellowship" Cohort 4.

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  Posted by u/ 10 months ago

Phoenix Group Delays Stock Listing to December 5, Creating Suspense!

Phoenix Group delays stock listing for public trading following an overwhelming response in the pre-market sale on November 21.

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  Posted by u/ 10 months ago

Circle CCTP Launch Noble Mainnet with Cross-Chain Prowess!

Circle CCTP launched, its Cross-Chain Transfer Protocol (CCTP) on the main network of Noble, a Cosmos ecological application chain.

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  Posted by u/ 10 months ago

Fireblocks Off Exchange Launched To Mitigate Counterparty Risk And Hack

The launch of Fireblocks Off Exchange comes with initial support for Deribit, and it plans to integrate with other major exchanges, including HTX, ByBit, OKX, Gate.io, BIT, OneTrading, Coinhako, Bitget, in the coming months.

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  Posted by u/ 10 months ago

CZ Role In Binance.US Now Changed Following Recent Legal Pressures

CZ role in Binance.US has changed now that he is no longer Chairman, reducing involvement to economic interests via proxy voting.

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  Posted by u/ 10 months ago

Animoca Brands Expands Into TON To Fuel Web3 Gaming

Animoca Brands expands into TON to facilitate a seamless transition from Web2 to Web3 by supporting third-party gaming projects through TON Play. 

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  Posted by u/ 10 months ago

Fed Governor Chris Waller Speech Causes Bitcoin Price To Increase To $38,000

Fed Governor Chris Waller speech was held in Washington with confidence in the US economy's current state.

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  Posted by u/ 10 months ago

SEC Delays Franklin Templeton Bitcoin ETF, BTC Price Remains Steady

SEC delays Franklin Templeton Bitcoin ETF, the delay was anticipated and has not had an immediate impact on the price of Bitcoin. Currently, BTC is trading at $38,000, showing a 2% increase over the past 24 hours.

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  Posted by u/ 10 months ago

DCG In Deal With Genesis Global End Legal Dispute with $620 Million Deal

Key Points: DCG in deal with Genesis to settle a lawsuit in which Genesis sought roughly $620 million from DCG. The agreement will provide Genesis with approximately $200 million in value over the next few weeks and requires DCG to complete outstanding payments in April 2024. The agreement will avoid months of costly litigation with

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  Posted by u/ 10 months ago

Bybit Faces CFTC Scrutiny Following The Subpoena Alert From Coinbase

Speculation suggests that Bybit faces CFTC scrutiny as Coinbase notifies users about a subpoena from the CFTC regarding Bybit, the third largest offshore exchange. Coinbase may counter the subpoena. 

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  Posted by u/ 10 months ago

Cardano Faces Minimal Resistance, Can ADA Double in Price in December? (Analysis)

Cardano (ADA) must close above $0.40 for a sustained climb to $0.46.

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  Posted by u/ 10 months ago

HSBC, Hang Seng Join China?s Digital Yuan Pilot

The international banking giants HSBC and Hang Seng Bank have joined China?s digital yuan pilot.

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  Posted by u/ 10 months ago

Ethereum Co-Founder Vitalik Buterin: AI Poses Serious Threat to Humanity?s Dominance

Ethereum co-founder Vitalik Buterin has issued a warning about the potential dangers of super-advanced artificial intelligence (AI) surpassing human intelligence and becoming the dominant species on Earth.

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  Posted by u/ 10 months ago

Arthur Hayes Speaks Out Against American Authorities? Treatment of Changpeng Zhao

Financial revolution platforms lack political/financial backing, instead run by ordinary individuals - Arthur Hayes.

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  Posted by u/ 10 months ago

Vitalik Buterin Warns of AI?s Potential to Surpass Humanity

Vitalik Buterin argues that AI surpassing human intelligence poses risks, potentially ending human existence.

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  Posted by u/ 10 months ago

Today in Crypto: Hong Kong Will Use ?All Available Methods? to Fight Crypto Scams, Americans are ?Much More Open to Potential of Crypto Than Brits?

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

China?s CBDC Development is ?Already On Track? and Nearing Completion: Ex-PBOC Governor

Zhou Xiaochuan, former head of PBOC says 90% of retail payments in China are digitalized already.

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  Posted by u/ 10 months ago

SEC Persists in Searching for Fraud Evidence at Binance.US: Report

Judge Faruqui said CZ?s guilty plea last week made it less likely that the former CEO would mishandle US customer funds.

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  Posted by u/ 10 months ago

Kronos Research Offers 10% Bounty Following $26 Million Hack

The bounty offer will only remain valid until the end of November.

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  Posted by u/ 10 months ago

Electric Capital Raises Alarm on Crypto Scams Targeting Entrepreneurs

According to Garg, fraudsters pretending as Electric Capital representatives deceive individuals into sending money for investments.

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  Posted by u/ 10 months ago

Spain?s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

Declaration of foreign holdings is mandatory only for individuals holding crypto balance sheets that exceed the equivalent of 50,000 euros.

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  Posted by u/ 10 months ago

Bitfinex?s Tokenized Bond Falls Short of Investment Target, Raises Only $1.5M of Expected $10M

Bitfinex's recently-launched tokenized bond have fallen short of expectations, raising only $1.5 million of its initial target of $10 million.

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  Posted by u/ 10 months ago

Shein?s IPO Plan to Fuel Scrutiny Over Cotton, China Roots

Shein?s IPO Plan to Fuel Scrutiny Over Cotton, China Roots

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  Posted by u/ 10 months ago

Dollar Slides as Treasuries Rally More on Fed Bets: Markets Wrap

Dollar Slides as Treasuries Rally More on Fed Bets: Markets Wrap

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  Posted by u/ 10 months ago

Treasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets Wrap

Treasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets Wrap

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