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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Celestia?s Mainnet set to launch with TIA Airdrop and exchange listings

Celestia’s mainnet launches on October 31, with several exchange listings. A 60 million TIA token airdrop is scheduled for active users on Ethereum Layer 2s, Cosmos Hub. Celestia’s modular design and consensus mechanisms make its launch a standout event in the crypto space. The highly anticipated launch of Celestia’s mainnet is just around the corner, […]

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  Posted by u/ one year ago

Robert Kiyosaki picks gold and bitcoin over stocks and bonds

Robert Kiyosaki challenges the 60/40 investment strategy that has 60% stocks and 40% bonds. He says a portfolio with 75% gold, silver Bitcoin mixed 25% real estate/oil is better. Investors might want to shift if they want to survive an imminent economic crash of historic proportions. Robert Kiyosaki, a renowned author and entrepreneur, says the […]

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  Posted by u/ one year ago

Polkadot (DOT) surges 8% with staking dashboard upgrade

Polkadot’s price experiences an 8% increase. The surge is bolstered by the introduction of the Staking Dashboard 1.1. The upgrade allows users the ability to view the 14-day activity of validators on the Polkadot network. Polkadot (DOT) has once again made headlines with its impressive price movement in the crypto market. At the time of […]

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  Posted by u/ one year ago

Cosmos proposal to transfer 42.7 million unclaimed Neutron (NTRN) approved

Cosmos Hub announced on October 30 that proposal #835 seeking the transfer of 42.7 million tokens from Neutron DAO to Cosmos Hub community pool had passed. The proposal authorises the transfer of 42,727,950 NTRN in airdrop tokens not claimed. Cosmos (ATOM) has announced that the proposal to transfer more than 42.7 million tokens from an […]

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  Posted by u/ one year ago

a16z targets $3.4B for next early and seed-stage funds: report

Andreessen Horowitz (a16z) is planning to raise $3.4 billion for its next early and seed-stage fund. The fundraising is reportedly set to start by the end of year. Andreessen Horowitz (a16z), a crypto-friendly venture capital firm based in Silicon Valley, is targeting approximately $3.4 billion for the next early-stage and seed-stage funds, according to Axios. […]

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  Posted by u/ one year ago

CME on the Cusp of Replacing Binance as Top Bitcoin Futures Exchange

With a notional open interest (OI) of $3.54 billion, CME is now the second-largest bitcoin futures exchange.

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  Posted by u/ one year ago

Bitcoin Whales Take Charge as Number of $100K Transactions Surge

The number of transactions of over $100,000 processed on the Bitcoin blockchain rose to a new year-to-date high last week.

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  Posted by u/ one year ago

U.K. Publishes Final Proposals for Crypto, Stablecoin Regulation

The U.K. government published its final proposed rules for crypto and stablecoins on Monday.

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  Posted by u/ one year ago

Sam Bankman-Fried Implied His Friends Lied About His Role in FTX's Collapse

Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds ? he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt ? customers, employees ? and the company ended up in bankruptcy." At least, that's his story.

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  Posted by u/ one year ago

Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots

Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.

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  Posted by u/ one year ago

Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas

OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.

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  Posted by u/ one year ago

DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March

The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago.

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  Posted by u/ one year ago

Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Ticks Along Above $34K

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Bitcoin Shows No Signs of Overheating, Despite Doubling This Year: Analysis

Bitcoin has doubled this year. The bullish trend may continue unabated as key indicator shows no signs of overheating, according to IntoTheBlock.

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  Posted by u/ one year ago

Animoca Brands Courts $50M Investment From Saudi Arabia's NEOM

Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.

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  Posted by u/ one year ago

Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony

Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.

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  Posted by u/ one year ago

Celestia's TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop

TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead being issued later this week.

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  Posted by u/ one year ago

LastPass Hack Victims Lose $4.4M in a Single Day

Hackers siphoned a total of $4.4 million in crypto from at least 25 LastPass users on Oct. 25, according to blockchain analyst ZachXBT.

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  Posted by u/ one year ago

OKX Latest Proof of Reserves Shows Exchange Over-collateralized

The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.

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  Posted by u/ one year ago

Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares

Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.

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  Posted by u/ one year ago

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities.

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  Posted by u/ one year ago

What Will Wall Street?s Bitcoin Narrative Be?

With Bitcoin ETFs round the corner, financial institutions are gearing up to promote BTC investing. The message is likely to obscure Bitcoin?s origins but could be useful for native-crypto companies, argue Dave Birnbaum and David Waugh, from Coinbits.

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  Posted by u/ one year ago

Crypto Winter Is Over

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  Posted by u/ one year ago

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

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  Posted by u/ one year ago

Starknet Foundation Showers STRK Tokens on Contributors, Though They're Not Trading Yet

The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network ? even though they're locked for trading at least until next April.

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  Posted by u/ one year ago

Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto's RWA Race Intensifies

Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.

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  Posted by u/ one year ago

Ethereum Has Layer 0 Power. But It Could Still Blow It

Before it becomes foundational infrastructure for the next stage of the internet, there are three risks that the blockchain needs to avoid, says Paul Brody, head of blockchain at EY.

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  Posted by u/ one year ago

Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

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  Posted by u/ one year ago

On Bitcoin White Paper's 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger

The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.

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  Posted by u/ one year ago

Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

A set of filings from Sam Bankman-Fried's defense team late Monday shows his attorneys still hope to clarify that English law governed FTX's terms of service ? which may have implications on the fraud charges.

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  Posted by u/ one year ago

Thailand?s Major Bank Seizes Control of Local Bitcoin and Crypto Exchange

Thailand's Kasikorn Bank has made a substantial move in the cryptocurrency realm, acquiring a 97% stake in Satang Corporation Company Limited for 3.705 billion Thai baht ($102.8 million) through its subsidiary Unita Capital.

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  Posted by u/ one year ago

Scandalous Bankman-Fried Trial Sparks Buzz About Alameda?s Lucrative Tether Holdings!

Sam Bankman-Fried trial attention has turned to the intricate relationship between Alameda Research and Tether, as scrutiny mounts over significant USDT transactions.

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  Posted by u/ one year ago

Chainlink Data Feeds Are Now Live on Linea

Chainlink and ConsenSys? Layer 2 network Linea has finally come to fruition, as Chainlink announced the launch of its revolutionary data solution, Chainlink Data Feeds, on the Linea platform.

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  Posted by u/ one year ago

Avalanche New Blockchain Browser Will Be Avascan

The domain Snowtrace.io will remain fully operational until November 30, when it will seamlessly transition to Avalanche new blockchain browser Avascan, ensuring zero disruption in service.

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  Posted by u/ one year ago

The UK Crypto Regulation has been published by the government.

The UK government has announced its final regulations for the cryptocurrency industry, aligning with the goal of establishing the UK as a leading hub for crypto-assets.

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  Posted by u/ one year ago

Bankman-Fried Fraud Trial Faces Intense Scrutiny From Prosecutor

The core question at the heart of the Bankman-Fried fraud trial revolves around whether Bankman-Fried lied to FTX customers, investors, the public, and even Congress.

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  Posted by u/ one year ago

50M Starknet STRK Tokens Are Rewarded For Early Contributors

The Starknet Foundation allocates 50 million Starknet STRK tokens to reward early ecosystem contributors.

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  Posted by u/ one year ago

Billions Invested Despite Alameda Risk Exposure, SBF Reveals

Sam Bankman-Fried, co-founder of FTX, admitted in court that he approved billions of dollars in investments despite Alameda risk exposure. The trial continues with cross-examination.

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  Posted by u/ one year ago

Bittrex U.S. Shutdown As Bankruptcy Plan Approved By Court

According to Reuters, Bittrex U.S. shutdown plan meets court approval after legal battle with SEC. Assets returned to customers, creditors paid in full. $143M withdrawn during bankruptcy.

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  Posted by u/ one year ago

Spot Bitcoin ETF Update: Valkyrie Now Joins The Prospectus Amendment Train

Valkyrie Digital Assets submitted an updated prospectus for the spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC).

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  Posted by u/ one year ago

Thailand?s KBank Invests $103 Million in Local Crypto Exchange Satang Pro

KBank acquires 97% stake in Satang Pro cryptocurrency exchange, investing $103 million to embrace digital assets.

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  Posted by u/ one year ago

Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace

One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines.

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  Posted by u/ one year ago

Brazil?s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report

The USDT trading volume in Brazil this year reached approximately US$54.5 billion as of mid-October, twice the Bitcoin trading during the same period.

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  Posted by u/ one year ago

Uniswap (UNI) Price Rally Incoming as Selling Pressure Exhausts: Data

UNI is currently trading near $4.19 and was up by 1.26% over the past day.

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  Posted by u/ one year ago

Singapore?s Central Bank Joins Forces with Monetary Authorities in Japan, Switzerland, and the UK for Joint Digital Asset Pilots

Singapore's central bank has announced plans to collaborate with monetary authorities in Japan, Switzerland, and the United Kingdom for joint digital asset pilots.

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  Posted by u/ one year ago

Today in Crypto: Unstoppable Domains Users Can Now Get ?.com? Addresses, Ledger Reveals 2nd Season of Metaverse Game

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana

Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022.

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  Posted by u/ one year ago

Crypto Exchange Listing and Delisting Announcements: October 30, 2023

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

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  Posted by u/ one year ago

Zodia Custody Enters Hong Kong Market: Report

Standard Chartered's Zodia Custody will offer its crypto services to Hong Kong clients following institutional demans.

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