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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Multichain Bridge Transactions Are Now Active Again After 117 days

In a significant development, Cyber Alerts has reported that Multichain bridge transactions have been successfully reestablished after 117 days of inactivity.

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  Posted by u/ one year ago

FTX Cold Storage?s Big Transactions Coincide With 40% SOL Spike

FTX Cold Storage #2 redeemed 1.6M SOL ($65.46M), with 3.96M SOL ($162M) still staked after it had transferred 1.26M SOL ($40.67M) to CEX on October 25. These transactions coincide with a 40% increase in SOL value to $41.

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  Posted by u/ one year ago

SafeMoon fraud charges by SEC and Unregistered Crypto Offering

The charges stem from their involvement in an extensive fraudulent scheme related to the unregistered sale of the cryptocurrency security known as SafeMoon.

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  Posted by u/ one year ago

ShareRing Certified In The UK As A Trusted Digital Identity Services Provider

Melbourne, Australia, November 1st, 2023, Chainwire ShareRing, a true self-sovereign digital identity blockchain Australian company, proudly announces its achievement as one of the first in the industry to be accredited under the ?Digital Identities and Attributes Trust Framework? (DIATF) in the United Kingdom. This accomplishment marks a significant advancement in ShareRing?s technology and reaffirms the […]

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  Posted by u/ one year ago

Saylor?s report MicroStrategy Bitcoin loss of $143.4 Million

MicroStrategy Inc., the top enterprise software company and the largest publicly traded holder of Bitcoin, announced MicroStrategy Bitcoin loss in the third quarter resulting from a write-down caused by the decrease in the value of the cryptocurrency.

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  Posted by u/ one year ago

Fed Rate Pause In November: Bitcoin Flirts With $36,000 As Altcoins Surge Sharply

Following the Fed rate pause in November, Bitcoin price flirted with $36,000. The global crypto market cap rose to $1.32 trillion. Solana and layer 1 blockchain tokens surged. DeFi tokens like Uniswap and Aave also saw significant gains.

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  Posted by u/ one year ago

Elliptic Indicates Evidences To FTX Hack Russia-linked Of $477 Million

Blockchain analytics firm Elliptic indicates evidence points to FTX hack Russia-linked. Stolen Bitcoin was mixed with Russian funds, suggesting involvement of a broker or intermediary.

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  Posted by u/ one year ago

Powell Hints Fed Is Done With Hikes in Pivot Cheered by Markets

Powell Hints Fed Is Done With Hikes in Pivot Cheered by Markets

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  Posted by u/ one year ago

Fed Signals Yield Rise Reduces Need to Hike, But Door Still Open

Fed Signals Yield Rise Reduces Need to Hike, But Door Still Open

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  Posted by u/ one year ago

'Leave my children alone': Trump hits judge over family testimony

Donald Trump, Jr., is scheduled to take the stand Wednesday afternoon. He will be followed later in the week by Eric Trump and Ivanka Trump next week.

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  Posted by u/ one year ago

GOP lawmaker blasts fellow Republicans after confirming he won't seek reelection

Republican Rep. Ken Buck announced he won?t seek reelection and accused his fellow GOP lawmakers of being ?fixated on retribution and vengeance.?

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  Posted by u/ one year ago

Don Jr. testifies in Trump fraud trial that seeks $250 million, cancel New York business

Donald Trump Jr. testified in the New York attorney general's civil fraud case seeking $250 million in damages and a ban on Trump work in the state.

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  Posted by u/ one year ago

Polish Stocks Outshine Global Peers After Game-Changing Election

Polish Stocks Outshine Global Peers After Game-Changing Election

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  Posted by u/ one year ago

European Stocks Rise Ahead of Fed Rates Decision; Orsted Plunges

European Stocks Rise Ahead of Fed Rates Decision; Orsted Plunges

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  Posted by u/ one year ago

Halloween Hangover No. 16 ? US Keeps Getting All the Treats

Halloween Hangover No. 16 ? US Keeps Getting All the Treats

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  Posted by u/ one year ago

BP Becomes Unique Among Oil Majors With an Analyst Sell Rating

BP Becomes Unique Among Oil Majors With an Analyst Sell Rating

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  Posted by u/ one year ago

Wall Street Sentiment Indicator Shows S&P 500 Gaining 16% Over Next Year

Wall Street Sentiment Indicator Shows S&P 500 Gaining 16% Over Next Year

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  Posted by u/ one year ago

Treasury Yields Sink as Stocks Climb in Fed Run-Up: Markets Wrap

Treasury Yields Sink as Stocks Climb in Fed Run-Up: Markets Wrap

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  Posted by u/ one year ago

Will Republicans pick up more power in 2024? Here are the races they could flip

The National Republican Congressional Committee has compiled a list of Democrats in House seats that pose pick-up opportunities for Republicans.

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  Posted by u/ one year ago

Abortion rights rally these young voters like no other issue. Here's why.

Abortion is top of mind and ballot in upcoming state elections and could be a key motivator for Gen Z and millennial voters at the polls.

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  Posted by u/ one year ago

Trump's kids will testify at New York fraud trial. What to expect.

The court appearances this week by Trump's sons are a warm-up act of sorts; the former president is scheduled to testify on Monday.

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  Posted by u/ one year ago

'I'm barely getting by': These voters say the economy will decide 2024

Many voters who say the economy is a top concern in 2024 say Bidenomics isn't working for them. Others say it's unfair to blame the president.

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  Posted by u/ one year ago

'Totally inappropriate': Why McConnell is condemning a Senate investigation

The latest effort in an investigation of the Supreme Court, Democrats announced Monday three targets of subpoenas. And Republicans are pushing back.

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  Posted by u/ one year ago

'Trump too small.' A crude joke faces tough crowd at Supreme Court

Avoiding the particulars of the cringeworthy moment, the Supreme Court ready to rebuff a man who wants to trademark the words "Trump too small."

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  Posted by u/ one year ago

Telegram-Based Crypto Trading Bot Unibot Hacked, Token Crashes 40%

Telegram-based crypto trading bot Unibot is suspected of being hacked as users of the trading bot try to move their funds off the platform.

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  Posted by u/ one year ago

Sam Bankman-Fried lawyers pitch for changes to judge's jury instruction

SBF attorneys have made several requests over the course of the past few months ranging from requests for early bail before trial to vegan food and prescription drugs.

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  Posted by u/ one year ago

Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here?s More

Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation

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  Posted by u/ one year ago

Ripple Labs and Hong Kong?s Fubon Bank Team to Offer Property Equity Access to Locals

The project is a part of the e-HKD pilot and demonstrates a use case for the settlement of tokenized assets.

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  Posted by u/ one year ago

SBF says spending FTX customers' money was part of 'risk management': Report

At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers.

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  Posted by u/ one year ago

Do Kwon?s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement

The co-founder of Terraform Labs Daniel Shin has denied involvement in the collapse of the Terra Network pointing fingers at former CEO Do Kwon.

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  Posted by u/ one year ago

SBF Concludes Testimony, Defense Rests Case

FTX founder Sam Bankman-Fried completed his grueling three-day testimony in Manhattan federal court on Tuesday.

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  Posted by u/ one year ago

Major Market-Makers in Talks to Provide Liquidity to BlackRock?s Bitcoin ETF If Approved ? Here?s Why That Matters for the BTC Price

Some of the global financial industry?s largest market-makers might jump in to provide liquidity for BlackRock if the firm?s spot Bitcoin Exchange Traded Fund (ETF) application is approved by the US Securities and Exchange Commission (SEC).

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  Posted by u/ one year ago

Bitfinex Lands on UK Financial Watchdog?s Warning List for Unauthorized Promotion of Financial Services

The Financial Conduct Authority (FCA) in the UK has raised concerns about Bitfinex, a cryptocurrency exchange, that it may be promoting financial services or products without the FCA's permission.

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  Posted by u/ one year ago

US State Regulators Grant Money Transmitter Licenses to Crypto Startup Bastion

Institutional-focused crypto custody firm Bastion has obtained money-transmitter licenses (MTLs) in New Hampshire and Arkansas. Bastion was founded by Nassim Eddequiouaq and Riyaz Faizullabhoy, former executives of a16z crypto.

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  Posted by u/ one year ago

Vitalik Buterin Foresees Diverse Scaling Strategies for Ethereum L2 Solutions

Ethereum's co-founder, Vitalik Buterin, has released a comprehensive analysis that delves deep into the intricate world of Layer 2 (L2) solutions on the blockchain.

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  Posted by u/ one year ago

Etherfuse Launches ?Stablebond? Tokenized Bond Offering for Retail Investors in Mexico

Etherfuse, a platform focused on improving decentralized blockchain infrastructure, has made a groundbreaking announcement to unveil 'Stablebond' at Solana's breakpoint conference in Amsterdam.

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  Posted by u/ one year ago

GAO Criticizes SEC?s Handling of Crypto Accounting Bulletin, Calls for Clearer Rule

The Government Accountability Office (GAO) has determined that the Securities and Exchange Commission (SEC) erred in its handling of 'Staff Accounting Bulletin 121' (SAB 121) by failing to submit it to Congress as is required for official rules.

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  Posted by u/ one year ago

Russian Politicians Want to Ban Private Citizens from Mining Crypto

A senior Russian politician has claimed that lawmakers want to bar private citizens from mining crypto ? but will allow industrial miners to operate.

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  Posted by u/ one year ago

Taiwan Police Bust $320 Million Crypto Money Laundering Racket

Taiwan's Criminal Bureau's Electronic Investigation Team busted a major cryptocurrency money laundering operation, involving $320 million worth of USDT.

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  Posted by u/ one year ago

Rising M2 money supply will see crypto become 'supermassive black hole': Raoul Pal

Historically, the cryptocurrency market has benefited from the rise in global money supply as the majority of the bull runs in the past coincided with the rise in fiat supply.

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  Posted by u/ one year ago

Bulgaria?s oldest football club adopts Bitcoin and Lightning, joins Nostr

Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.

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  Posted by u/ one year ago

No concerns over Bitcoin halving supply shock, says Bitvavo CEO

The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater for the potential skyrocketing demand for Bitcoin in 2024.

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  Posted by u/ one year ago

Warren Buffett?s ?crypto stock? beats Apple and Amazon ? but not Bitcoin

Buffett?s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year.

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  Posted by u/ one year ago

'Sodl' too soon: US gov't missed Bitcoin gains now total $6B

The second-biggest BTC 'investor' in the world after Satoshi Nakamoto is staring down ten-figure losses.

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  Posted by u/ one year ago

Will weakness in Magnificent 7 stocks spread to Bitcoin price?

Tech stocks face trillion-dollar losses as bond yields soar, but their $596 billion cash positions favor alternative hedges, including Bitcoin.

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  Posted by u/ one year ago

Bitcoin Bull Run in the Making as Market Dynamics Hint at More Upside: Bitfinex

On-chain data suggests BTC could follow through with its current upward momentum into November.

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  Posted by u/ one year ago

Bitcoin futures data highlight investors? bullish view, but there?s a catch

The stars are lining up for Bitcoin price, but a few major price threats remain in play.

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  Posted by u/ one year ago

Bitcoin Dominates Institutional Inflows on the Back of Recent BTC Price Rally

Digital asset investment products witnessed inflows over the past week as investor confidence remained optimistic amid spot Bitcoin ETF approval prospects. Among the altcoins, Solana topped the chart yet again.\xa0

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  Posted by u/ one year ago

Invesco and Galaxy?s joint spot Bitcoin ETF added to DTCC?s site

The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house?s site but doesn?t indicate an impending approval.

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  Posted by u/ one year ago

OPNX Offers CoinFLEX Creditors 25% Equity and 1 Billion OX Tokens Over 10 Years

Mark Lamb, a fellow CoinFLEX stakeholder and founder of OPNX, has extended an offer to CoinFLEX creditors that includes 25% equity in OPNX and the distribution of 1 billion OX tokens over a 10-year period.

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