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   Business News    Financial News   Financial News

  Posted by u/ 10 months ago

El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

It's been a bit more than two years since the country made bitcoin legal tender there.

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  Posted by u/ 10 months ago

Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain

The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.

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  Posted by u/ 10 months ago

'Intents' Are Blockchain's Big New Buzzword. What are They, And What Are the Risks?

Intent-centric programs are quietly transforming how we operate on blockchains, but they bring risks as well as benefits.

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  Posted by u/ 10 months ago

The Global Movement to Promote Crypto Tax Transparency ? What You Need to Know

In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.

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  Posted by u/ 10 months ago

CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat

U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam.

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  Posted by u/ 10 months ago

CBDCs Good for Payments, Even With Competition: IMF

The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.

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  Posted by u/ 10 months ago

What an SEC Proposal Means for RIAs in Crypto

The SEC?s Custody Rule requiring advisors to safeguard digital assets has big implications for advisors working in the crypto industry, says Nathan McCauley, CEO and Co-Founder of Anchorage Digital.

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  Posted by u/ 10 months ago

Navigating the Next Wave of Crypto Institutionalization: A Due Diligence Primer

As FTX showed, operators in digital asset markets need to improve corporate governance standards. Here are the key components as the industry readies for another possible bull run.

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  Posted by u/ 10 months ago

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.

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  Posted by u/ 10 months ago

Celestia's TIA Token Rises 200% Since Debut Despite Muted On-Chain Activity

Newly-launched modular blockchain Celestia has experienced a slow start in terms of on-chain activity, but that hasn't reduced the appetite of traders who have spurred a speculative rally to $6.30, 200% higher than when it debuted at around $2.10 two weeks ago.

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  Posted by u/ 10 months ago

Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising

A group of lawmakers led by

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  Posted by u/ 10 months ago

The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In

In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.

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  Posted by u/ 10 months ago

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The U.S. Securities and Exchange Commission (SEC) is delaying any decision on efforts by Hashdex and Grayscale to convert existing investment products into exchange-traded funds, according to a set of filings on Wednesday.

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  Posted by u/ 10 months ago

Does Crypto Finance Hamas and Other Terrorists?

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  Posted by u/ 10 months ago

Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says

Cryptocurrencies Wednesday roared back from yesterday's drubbing, with bitcoin [BTC] nearing a new 18-month high just shy of $38,000 after tumbling below $35,000 at one point on Tuesday.

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  Posted by u/ 10 months ago

The Subtle Art of Slow: The CBDC Adoption Journey

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  Posted by u/ 10 months ago

Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, Its Eyes Are on Taipei

Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain.

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  Posted by u/ 10 months ago

Congress Gets the Runaround From Regulators, Again

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  Posted by u/ 10 months ago

Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.

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  Posted by u/ 10 months ago

NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement.

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  Posted by u/ 10 months ago

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.

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  Posted by u/ 10 months ago

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

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  Posted by u/ 10 months ago

'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.

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  Posted by u/ 10 months ago

BinaryX launches city building game Pancake Mayor on PancakeSwap?s new marketplace

Singapore, Singapore, November 15th, 2023, Chainwire BinaryX, a GameFi and Initial Game Offering (IGO) platform, today announced the launch of Pancake Mayor, a new city-building simulator on the newly launched PancakeSwap Gaming Marketplace.  Pancake Mayor: City Building Simulator Pancake Mayor is a free-to-play casual city-building game where players can obtain in-game currency, Mayor Cash, to […]

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  Posted by u/ 10 months ago

Solana Saga Phone Discovered Security Vulnerability Putting 2,100 Devices At Risk

CertiK discovered a critical vulnerability in the Solana Saga phone, risking over 2,100 devices since April, prompting a public alert.

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  Posted by u/ 10 months ago

Binance SEC Request Rejected By Judge In Intense Legal Battle

Judge Jackson's recent order rejected the Binance SEC request, which sought to restrict the disclosure of sensitive information, potentially encompassing non-public data.

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  Posted by u/ 10 months ago

Weekly Deep Dive: Aligning Decentraland?s (MANA) Market Forecasts with the Prospects of an Emerging Cryptocurrency

What are the best cryptos to buy? Could it be Decentraland (MANA) after it scored a partnership, or is VC Spectra (SPCT) a new decentralized hedge fund?

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  Posted by u/ 10 months ago

German Bank Commerzbank AG Received Bitcoin Custody License To Promote Crypto

German bank Commerzbank AG secures Germany's first crypto custody license, paving the way for comprehensive digital asset services.

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  Posted by u/ 10 months ago

Tether And Bitfinex Lawsuit Take A New Step As Judge Dismisses Class Action

The Tether and Bitfinex lawsuit takes a new turn as Chief Judge Swain dismisses Dolifka's baseless class action complaint.

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  Posted by u/ 10 months ago

SEC Postpones Vital Decision on First-Ever Bitcoin ETF Approval

The US Securities and Exchange Commission (SEC) has once again postponed its decision regarding the approval of the first US exchange-traded fund (ETF) (Bitcoin ETF approval) directly investing in Bitcoin.

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  Posted by u/ 10 months ago

Paxos Unleashes Innovative USD Stablecoin for Singapore Prosperity

Paxos is set to launch a USD-backed stablecoin in Singapore (USD Stablecoin for Singapore), establishing Paxos Digital Singapore Pte. Ltd. with in-principle approval from the Monetary Authority of Singapore.

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  Posted by u/ 10 months ago

Bitcoin Price Surges Near $38,000, Driven by ETF Demand And Fed?s Rate

Bitcoin price surges near $38,000 powered by ETF demand expectations and a 6.5% increase in the past 24 hours. Year-to-date rebound stands at 129%.

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  Posted by u/ 10 months ago

Binance Triumphs: Exclusive Thai Exchange Launch with Second-Richest Tycoon?s Collaboration

Exclusive Thai Exchange Launch with Second-Richest Tycoon's Collaboration

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  Posted by u/ 10 months ago

BMO, RBC Lead Crescent Point Clean-Up Trade Following Hung Deal

BMO, RBC Lead Crescent Point Clean-Up Trade Following Hung Deal

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  Posted by u/ 10 months ago

China Slowdown Adds to Boycott Woes for Japanese Beauty Stocks

China Slowdown Adds to Boycott Woes for Japanese Beauty Stocks

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  Posted by u/ 10 months ago

Asia Stocks Decline Led by China, Dollar Gains: Markets Wrap

Asia Stocks Decline Led by China, Dollar Gains: Markets Wrap

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  Posted by u/ 10 months ago

Stocks Grind Higher on ?Goldilocks? Economic Signs: Markets Wrap

Stocks Grind Higher on ?Goldilocks? Economic Signs: Markets Wrap

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  Posted by u/ 10 months ago

NY fraud judge activities 'beyond the pale,' Trump says in mistrial move

Donald Trump asked for a mistrial following heated exchanges between a New York judge and the former president's legal team in his civil fraud case.

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  Posted by u/ 10 months ago

NH schedules its 2024 primary, triggering a faceoff with Democrats

New Hampshire Secretary of State David Scanlan set the date of the first-in-the-nation presidential primary, dealing a blow to state Democrats.

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  Posted by u/ 10 months ago

Trump targeting court officials could land him in jail, his former lawyer warns

"I wouldn't be surprised to see him spend a weekend in jail," says Ty Cobb, a former White House lawyer, warned.

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  Posted by u/ 10 months ago

Markwayne Mullin defends Senate fight, considers punching and coffee

Sen. Markwayne Mullin, R-Okla., who challenged International Brotherhood of Teamsters President Sean O'Brien to a fistfight, defends his exchange.

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  Posted by u/ 10 months ago

Man who attacked Nancy Pelosi's husband apologizes: 'He was never my target'

David DePape, the man accused of attacking former House speaker's husband, apologized for the incident.

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  Posted by u/ 10 months ago

Biden and Xi agree to tackle fentanyl, resume military talks at San Francisco summit

Biden?s multi-hour summit with China?s Xi Jinping led to progress on fighting fentanyl and a resumption of communication between the two nations.

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  Posted by u/ 10 months ago

Biden and China's Xi agree to fight drug production

President Joe Biden addressed the nation after his meeting with China's President Xi Jinping, touting a resumption of military communication.

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  Posted by u/ 10 months ago

Biden?s SAVE student loan payment plan survives GOP challenge

The Senate on Wednesday narrowly struck down a Republican-led effort to overturn President Joe Biden?s generous new student loan repayment plan.

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  Posted by u/ 10 months ago

Biden: War won't likely end until Israel gives up on occupying Gaza

President Joe Biden said Wednesday that he did not think the fighting between Israel and Hamas would end until there's a separate Palestinian state.

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  Posted by u/ 10 months ago

Senate overwhelmingly passes plan to temporarily dodge a government shutdown

The move wasn't immediately celebrated by all lawmakers: ?The bar is pretty much on the ground," Republican Sen. John Neely Kennedy said.

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  Posted by u/ 10 months ago

Morocco?s First Carmaker Plans IPO to Expand Into EV Production

Morocco?s First Carmaker Plans IPO to Expand Into EV Production

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  Posted by u/ 10 months ago

Goldman?s Kostin Latest on Wall Street to See 2024 Stock Gains

Goldman?s Kostin Latest on Wall Street to See 2024 Stock Gains

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  Posted by u/ 10 months ago

Bonds Sink After Rate-Cut Euphoria as Stocks Rise: Markets Wrap

Bonds Sink After Rate-Cut Euphoria as Stocks Rise: Markets Wrap

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