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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

GOP-led House passes funding bill with help from Dems

Speaker Mike Johnson's government funding bill passed the GOP-led House with help from nearly all Democrats to ensure the government will stay open.

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  Posted by u/ 10 months ago

What to expect from Biden's meeting with Xi Jinping

President Biden and China's Xi Jinping meet for the first time since a spy balloon scandal drove a wedge between the two countries.

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  Posted by u/ 10 months ago

'We awakened the sleeping giant': Why Black voters could pick 2024 winners

Black voters showed their power in the 2023 races from Virginia to Ohio. Here's why they could pick the next president in 2024.

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  Posted by u/ 10 months ago

Daily Briefing: War inside a hospital

Israeli forces enter Gaza's largest hospital and more news to know Wednesday.

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  Posted by u/ 10 months ago

Tammy Murphy is running for US Senate. What to know

Tammy Murphy, wife of New Jersey Gov. Phil Murphy, plans to run for the Senate seat held by Bob Menendez, who is facing federal charges.

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  Posted by u/ 10 months ago

Hunter Biden asks judge to subpoena Trump, others in federal gun case

Hunter Biden asked a federal judge to subpoena to Donald Trump and Bill Barr to ask about possible political pressure in his federal gun case.

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  Posted by u/ 10 months ago

Biden says Trump is echoing 'language you heard in Nazi Germany'

President Biden seized on Trump's "vermin" comments and made many other attacks in a more combative strategy toward the Republican frontrunner.

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  Posted by u/ 10 months ago

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

Goldman Sachs and BNP Paribas lead a $95 million funding round for Fnality International, a tokenized cash firm focusing on blockchain-based wholesale payment systems.

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  Posted by u/ 10 months ago

Crypto.com?s Dubai?s Subsidiary Secures License from VARA

Crypto.com?s license is subject to the firm fully satisfying select conditions and localization requirements defined by VARA and subject to operational approval.

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  Posted by u/ 10 months ago

Goldman Sachs leads $95M funding round for blockchain payment firm Fnality ? Report

With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.

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  Posted by u/ 10 months ago

Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator

Animoca Brands will become a validator for the Chiliz Chain as the venture capital firm looks to capitalize on the SportFi ecosystem.

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  Posted by u/ 10 months ago

Mediation to begin in FTX, BlockFi Case, Judge Rules

In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement.

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  Posted by u/ 10 months ago

Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines

From unified tax reporting frameworks to EU oversight of stablecoins, conflicting regulatory stances in America to blocked exchanges in Kazakhstan, we summarize the key crypto regulatory developments over the past week.

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  Posted by u/ 10 months ago

Cathie Wood Speculates SEC Chair?s Political Aspirations Are Hindrances Towards Judgment Call on Bitcoin Spot ETF

The US Securities and Exchange Commission (SEC) remains unyielding amidst escalating interest in a Bitcoin spot exchange-traded fund (ETF), and Ark Invest's Cathie Wood believes she may have identified the reason.

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  Posted by u/ 10 months ago

Senate Banking Committee Discusses Accountability, Oversight of Financial Regulators in Tuesday Hearing

The Senate Committee on Banking, Houses, and Urban Affairs met on November 14th to conduct a hearing regarding oversight of financial regulators.

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  Posted by u/ 10 months ago

?Mutant Ape Planet? NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison

Aurelien Michel, the 25-year-old designer of ?Mutant Ape Planet? NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday.

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  Posted by u/ 10 months ago

JPMorgan Expects JPM Coin to Hit $10 Billion in Daily Transactions in Coming Year

JPMorgan Chase & Co. is expecting its digital token, JPM Coin, to process $10 billion in daily transactions in the upcoming year.

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  Posted by u/ 10 months ago

South Korean Woman Avoids Jail After Stealing Ex-husband?s $1.3m Crypto Stash

A South Korean woman who stole her ex-husband?s $1.3 million crypto stash has been handed a suspended jail sentence.

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  Posted by u/ 10 months ago

Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme

The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges.

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  Posted by u/ 10 months ago

Investors to Exercise Caution as Bitcoin Enters Higher Volatility Environment: Bitfinex

As the STH RP hovers around $30,380, BTC may pull back to the $30,000 to $31,000 range, according to Bitfinex.\xa0

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  Posted by u/ 10 months ago

Swan Bitcoin to terminate customer accounts that use crypto-mixing services

Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn?t oppose customers? use of such services, but to work, it has to follow FinCEN regulations.

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  Posted by u/ 10 months ago

Tether credits USDT growth surge to ETF excitement, emerging markets

Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.

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  Posted by u/ 10 months ago

Bitcoin & Ethereum Price Growth Slows But BTCETF Token Could Pump After Raising $550k

In recent days, the crypto market has witnessed a slowdown in the growth of its two leaders, Bitcoin and Ethereum, signaling a potential shift in investor sentiment. Both coins have

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  Posted by u/ 10 months ago

Institutional Investors Flock to Bitcoin Pushing Inflows Past $1 Billion in 2023

Total inflows into investment funds backed by crypto have finally passed the $1 billion mark for the year, after last week saw investors flocking to Bitcoin.

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  Posted by u/ 10 months ago

Crypto Mining Profitability Soars as Miners Rake In Record $32 Million in Revenue in One Month

The crypto mining industry is experiencing a surge in profitability, with miners earning a record $32 million in revenue in the past month.

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  Posted by u/ 10 months ago

XRP spike on hoax filing a ?bad look? but won?t sway SEC?s ETF approvals

Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP?s price spiked on a faked BlackRock XRP trust filing, but it is a ?bad look.?

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  Posted by u/ 10 months ago

SlowMist Warns About Fake Journalists Orchestrating Crypto Thefts

Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists.

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  Posted by u/ 10 months ago

FTX Foundation Employee Battles for $275K Bonus Amid Legal Fray: Report

The FTX employee asserted that he had no knowlegde of FTX's fraudulent activities.

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  Posted by u/ 10 months ago

Cardano & Solana Prices Slide But This New Coin is Bullish After Raising $3.9 Million

The prices of Cardano (ADA) and Solana (SOL) have declined sharply in the past day as the broader crypto market experiences a pullback. Both of these altcoins have posted 4%+

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  Posted by u/ 10 months ago

Today in Crypto: SC Ventures? Platform to Enable First-Ever Tokenized Singapore Dollar Government Bond Fund, Pundi X Reveals ?Pay via Email? Feature

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

Friend.Tech Targeted Again: Elaborate Scheme on Phishers Posing as Journalists Uncovered

The attacker manipulated users into bookmarking it, laying the groundwork for potential malicious activities.

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  Posted by u/ 10 months ago

Pro-XPR Lawyer Wonders Why Kevin O?Leary Is Still Obsessed With Binance and CZ

The days of the crypto cowboys, such as FTX and Binance, are over, said O'Leary.

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  Posted by u/ 10 months ago

announced the launch of its zero-fee minting facility

The issuer of the USDC stablecoin, Circle, hasannounced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore.

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  Posted by u/ 10 months ago

The Fake BlackRock Ripple (XRP) ETF Application Handed Over to Delaware Authorities: Bloomberg

The fake application sent shockwaves around the cryptocurrency industry, including a massive price pump and dump for XRP.

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  Posted by u/ 10 months ago

SEC?s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants

The SEC has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors.

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  Posted by u/ 10 months ago

Bitcoin?s rise tops traditional markets: Injective & InQubeta prepare to jump

Bitcoin (BTC), InQubeta (QUBE), and Injective (INJ) are among the top crypto coins to invest in now. BTC, the king of cryptocurrencies, is officially back as its prices surge past the $37,000 mark for the first time in almost two years. Prices have expanded 31% in the past month and there’s a solid chance they […]

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  Posted by u/ 10 months ago

Bitget Wallet Partners with Chiliz, Integrating Support for Chiliz Chain

Victoria, Seychelles, November 14th, 2023, Chainwire Bitget Wallet, formerly known as BitKeep, has entered into a partnership with Chiliz – one of the world’s top blockchain service providers for the sports and entertainment industry. This partnership will see the integration of the layer-1 blockchain, Chiliz Chain, into Bitget Wallet, allowing users to add the Chiliz […]

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  Posted by u/ 10 months ago

Court approves protective order in SEC vs. Binance lawsuit

Court approves info disclosure order in SEC vs. Binance lawsuit. The protective order allows confidentiality for trade secrets and customer info in discovery. Binance challenges the SEC’s broad demands, protecting proprietary data. A significant development has taken place in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance entities, including […]

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  Posted by u/ 10 months ago

dYdX Chain enters Beta Mainnet stage, launches active trading across 33 markets

dYdX Chain Beta Mainnet launch enables active trading across 33 markets. Users can trade on dydx.trade with 20x leverage. There will however be no rewards during the beta stage. In a significant development for the decentralized derivatives trading space, the dYdX Chain has officially entered its beta mainnet stage. This move follows a decisive governance […]

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  Posted by u/ 10 months ago

Crypto Rand and Ali Martinez provide bullish outlook on Shiba Inu: Dogecoin, Everlodge price soars

Shiba Inu to climb as high as $0.00001078 by the end of 2023 Dogecoin to reach $0.098 as its maximum value for 2023 Everlodge to spike by 3,900% at launch Crypto Rand, a notable crypto analyst among Web3 circles, shared that Shiba Inu (SHIB) is poised for a potential surge as bulls gear up to […]

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  Posted by u/ 10 months ago

Bitget?s Hong Kong operator invests $90M in OSL

BGX, the company that runs BitgetX in Hong Kong, has agreed a $90 million investment in BC Technology. BC Technology is the parent company of OSL, a publicly listed crypto exchange trading on the Hong Kong Stock Exchange. BitgetX announced it would not pursue regulatory registration and licensing in Hong Kong. BC Technology Group, the […]

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  Posted by u/ 10 months ago

OKX launches ZK-powered L2 network built with Polygon CDK

OKX is collaborating with Polygon Labs to launch a new ZK-powered layer 2 network. X1 will become OKX’s native network and utilise OKB for gas fees. OKX also joins other platforms as a core contributor of the Polygon CDK. OKX and Polygon Labs are collaborating on a new zero knowledge-powered layer 2 network, whose testnet […]

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  Posted by u/ 10 months ago

Disney partners with Dapper Labs to launch NFT platform

Disney has partnered with Dapper Labs to bring digital collectibles of Disney’s Pixar icons and Star Wars characters to on-chain users. The companies are launchinh Disney Pinnacle, an NFT platform that will offer collectible and tradable digital pins to fans. Disney and Dapper Labs are partnering on a massive NFT venture as they seek to […]

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  Posted by u/ 10 months ago

I spent a week working in VR. It was mostly terrible, however?

Cointelegraph Magazine journalist Felix Ng spent a week working in virtual reality. It was mostly terrible? but does have some potential.

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  Posted by u/ 10 months ago

FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather

SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency.

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  Posted by u/ 10 months ago

Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase

Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said.

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  Posted by u/ 10 months ago

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

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  Posted by u/ 10 months ago

Social Network MeWe Heralds Migration of Users to Web3 From Web2

MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users.

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  Posted by u/ 10 months ago

Reddit Token MOON Rockets 150% Amid Hopes of Revival

MOON supply will be topped at 83 million tokens and moderators say they will continue to develop tools to help value accrual.

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  Posted by u/ 10 months ago

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

Australia's tax authority has clarified that its capital gains tax on crypto products also extends to wrapped tokens or token interaction with decentralized (DeFi) lending protocols.

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