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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto.

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  Posted by u/ 10 months ago

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

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  Posted by u/ 10 months ago

CoinShares Secures Option to Buy Valkyrie's ETF Unit

The option, which expires at the end of March, gives the company a foothold in the U.S. ETF market as speculation whirls around the approval of a spot bitcoin product.

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  Posted by u/ 10 months ago

There Is a World of Web3 Outside the U.S. and Europe

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  Posted by u/ 10 months ago

Crypto for Advisors: Cryptocurrency Transparency Truths vs. Myths

Darwood Khan from Alix Partners looks at on-chain analytics, tracing tools and just how much illicit activity leverages crypto and discusses why advisors should learn about blockchain technology.

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  Posted by u/ 10 months ago

255M Pyth Tokens to Be Airdropped to 90K Wallets Next Week

The Claim Process for the Pyth Network Retrospective Airdrop will open on Monday, Nov 20 at 2 PM UTC.

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  Posted by u/ 10 months ago

Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round

Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."

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  Posted by u/ 10 months ago

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

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  Posted by u/ 10 months ago

FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto

Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.

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  Posted by u/ 10 months ago

Time Is Running Out for Crypto Leaders to Reason With the IRS

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  Posted by u/ 10 months ago

Strike Rolls Out Bitcoin Purchases To Users Globally

Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.

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  Posted by u/ 10 months ago

Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days

The SEC delaying decision about spot BTC ETFs could leave the market without a catalyst until early January, halting the crypto rally's momentum, K33 analysts said this week.

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  Posted by u/ 10 months ago

California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

Multiple U.S. states have ordered GS Partners to halt operations, accusing the company of defrauding investors in a number of crypto schemes, including tokenized pieces of a Dubai skyscraper and stakes of metaverse property.

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  Posted by u/ 10 months ago

AVAX, NEAR Beat Ether and Bitcoin as Wall of Red Continues in Asia

AVAX is up 8% in the last 24 hours, while bitcoin is trading below $36,500.

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  Posted by u/ 10 months ago

Tether Bitcoin Mining Investment Is Expanding Nearly $500M To Become A Giant

The Tether Bitcoin mining investment involves building facilities and acquiring stakes, including a $610 million credit facility for Northern Data AG.

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  Posted by u/ 10 months ago

VARA Leadership Change Steers Crypto Regulatory Landscape in Dubai

As part of the ongoing VARA leadership change, Matthew White will assume the role of CEO, while Henson Orser will continue to provide valuable guidance as an advisor.

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  Posted by u/ 10 months ago

Tether?s Ambitious Goals for Bitcoin Mining Operations

Tether Holdings Ltd. is taking steps to become one of the world's top Bitcoin miners, as the $87 billion stablecoin operator makes a hefty investment in Bitcoin mining operations in the already highly competitive sector.

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  Posted by u/ 10 months ago

CoinShares Exclusive Option To Acquire Valkyrie Funds Targeted For Early 2024

The CoinShares exclusive option is subject to regulatory approvals, and Valkyrie remains independent for now.

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  Posted by u/ 10 months ago

George Santos?s OnlyFans Scandal: Congressman Accused of Misusing Campaign Funds

According to a report, US Congressman George Santos's OnlyFans scandal used campaign donations to pay for OnlyFans subscriptions.

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  Posted by u/ 10 months ago

WisdomTree Now Submits Revised Spot Bitcoin ETF Filling To Seek SEC?s Approval

WisdomTree has submitted a revised spot Bitcoin ETF filling to the SEC, indicating their plans to launch the ETF and ongoing discussions with the SEC. - Bloomberg ETF analyst James Seyffart.

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  Posted by u/ 10 months ago

Sui Vulnerabilities Fixed As The Community Confirmed No Exploitation, Growth Continues

Sui vulnerabilities fixed and released for the mainnet, testnet, and development network. The community quickly responded to the vulnerability report, and investigations confirmed no past exploitation.

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  Posted by u/ 10 months ago

SEC Pressures Elon Musk for Testimony on Massive $44B Twitter Buyout!

US Securities and Exchange Commission (SEC) has intensified its pursuit of answers from tech magnate Elon Musk for Testimony regarding his high-profile $44 billion acquisition of Twitter, now rebranded as X.

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  Posted by u/ 10 months ago

Zororium Token Listing on ProBit Global Marks New Chapter For Comic Coin

Vilnius, Lithuania, November 16th, 2023, Chainwire Zororium Token (ZRT), the much-anticipated project inspired by the One Piece manga series, has reached a significant milestone with its listing on ProBit Global, a Top 20 crypto exchange. This listing marks a pivotal moment for the Zororium community and crypto enthusiasts worldwide. Zororium Token, the native currency of […]

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  Posted by u/ 10 months ago

Asia?s Fierce Race for a $5 Trillion Tokenization Fortune Unveiled!

Singapore and Hong Kong, perennial rivals for the title of Asia's fierce race premier financial hub, are extending their competition to the burgeoning realm of tokenization.

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  Posted by u/ 10 months ago

Mobius Joins Hedge Fund Elite Planning Dubai Investing Venture

Mobius Joins Hedge Fund Elite Planning Dubai Investing Venture

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  Posted by u/ 10 months ago

Taylor Swift Keeps Showing Up in Wall Street Research

Taylor Swift Keeps Showing Up in Wall Street Research

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  Posted by u/ 10 months ago

Berkshire Sells Yen Debt Amid Talk It?s Eying More Japan Stocks

Berkshire Sells Yen Debt Amid Talk It?s Eying More Japan Stocks

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  Posted by u/ 10 months ago

Asia Stocks Fall on Alibaba, Oil Down for the Week: Markets Wrap

Asia Stocks Fall on Alibaba, Oil Down for the Week: Markets Wrap

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  Posted by u/ 10 months ago

?Fed-Friendly? Data Lift Bonds as S&P 500 Wavers: Markets Wrap

?Fed-Friendly? Data Lift Bonds as S&P 500 Wavers: Markets Wrap

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  Posted by u/ 10 months ago

Biden calls China's Xi a dictator, upsetting Beijing

"Well, look, he is," Biden said when asked whether he stands by his assessment that Chinese President Xi Jinping is a dictator.

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  Posted by u/ 10 months ago

George Santos says he won't run for reelection

The House Ethics Committee released a report showing Rep. George Santos violated federal criminal laws by using campaign donor funds for personal use.

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  Posted by u/ 10 months ago

David DePape found guilty in Paul Pelosi hammer attack

A jury on Friday convicted David DePape, finding him guilty in the violent attack on Paul Pelosi, husband of former House Speaker Nancy Pelosi.

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  Posted by u/ 10 months ago

New York judge lifts Donald Trump's gag order while case is argued

A New York appeals judge suspended Donald Trump's gag order in his civil fraud trial while the case is argued.

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  Posted by u/ 10 months ago

Watchdog: Biden?s defunct student debt relief plan had a fraud problem

President Joe Biden?s first failed student loan forgiveness plan had a fraud problem, according to an independent watchdog.

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  Posted by u/ 10 months ago

China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting

China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting

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  Posted by u/ 10 months ago

Bonds Are for Turning, and Turning Again

Bonds Are for Turning, and Turning Again

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  Posted by u/ 10 months ago

?Fed-Friendly? Data Lift Bonds as Stocks Struggle: Markets Wrap

?Fed-Friendly? Data Lift Bonds as Stocks Struggle: Markets Wrap

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  Posted by u/ 10 months ago

Where is abortion on the ballot in 2024? The debate will take center stage

A top voter concern in recent elections, abortion will appear again next November, whether in a state ballot measures or on the campaign trail.

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  Posted by u/ 10 months ago

Biden and Xi agree to curb fentanyl production at summit

President Joe Biden and Chinese President Xi Jinping agreed to resume military talks at a summit.

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  Posted by u/ 10 months ago

China says it 'strongly opposes' Biden calling Xi a dictator

"Well, look, he is," Biden said when asked whether he stands by his assessment that Chinese President Xi Jinping is a dictator.

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  Posted by u/ 10 months ago

OKX joins Komainu and CoinShares for institutional segregated asset trading

Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets.

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  Posted by u/ 10 months ago

Dairy Queen opens NFT pop-up store in China

The pop-up nonfungible token store, co-sponsored by Weirdo Ghost Gang, will run until the end of the year.

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  Posted by u/ 10 months ago

Binance Labs invests in ARKM, the native token of Arkham platform

Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham.

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  Posted by u/ 10 months ago

Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023

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

Bank of America: CBDC Adoption Grows Globally, but Digital Dollar Not Imminent

The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America.\r\n\r\nIn a Monday report, analysts led by Alkesh Shah said that central banks for 67% of countries are exploring central bank digital currencies (CBDCs), which...

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  Posted by u/ 10 months ago

Web3 Firm Infura Recruits Microsoft, Tencent, and Others To Build Decentralized Infrastructure Network

Microsoft, Tencent, and 16 other Web2 companies have partnered with blockchain software company Consensys, with the goal of decentralizing the Infura network.

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  Posted by u/ 10 months ago

CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network

CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network.

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  Posted by u/ 10 months ago

Quantoz Payments Secures License to Issue EURD on Algorand Blockchain

Quantoz Payments has obtained an EMI license from the Dutch Central Bank to issue EURD on the Algorand platform.

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  Posted by u/ 10 months ago

House Financial Services Subcommittee on Digital Assets Tackles Hamas? Illicit Cryptocurrency

TheHouse Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusionconvened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency.

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  Posted by u/ 10 months ago

Here?s How Russians Dodge Sanctions to Use Int?l Crypto Exchanges

Russian crypto holders have reportedly used simple workarounds to evade sanctions ? and trade on overseas crypto exchanges.

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