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   Business News    Business News   Business News

  Posted by u/ one year ago

FTX future direction: Sell the Exchange or Partner for Revival?

FTX future direction is to consider after bankruptcy proceedings, including its extensive custome or potentially forming a partnership

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  Posted by u/ one year ago

Binance Self-trade Prevention Launched To Promote User Protection

Binance self-trade prevention (STP) is a crucial mechanism designed to prevent users from unintentionally trading with themselves, a phenomenon that can lead to unnecessary trading fees.

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  Posted by u/ one year ago

Fidelity Expands Into EU Under MiCA Law With New Strategy

Fidelity expands into EU market following the approval of the MiCA in Brussels, offering more clarity for investing in cryptocurrencies.

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  Posted by u/ one year ago

SBF Testifies in Fraud Trial Following Inner Circle Attack

SBF testifies in Fraud Trial as soon as Thursday, leading to the collapse of his digital asset empire. Former colleagues allege that he masterminded a scheme to defraud FTX customers and investors.

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  Posted by u/ one year ago

FTX AI Safety Funding Of $6.5 Million Is Under Investigation: Report

According to BBG, $6.5 Million of FTX AI safety funding given to CAIS is under investigation. FTX seeks subpoenas to recover funds and investigate prior payments.

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  Posted by u/ one year ago

FTX Claims Price Surges To 53 Cents On The Dollar: Report

FTX claim price surges as three bidders propose for the closed exchange. Cherokee Acquisition quotes FTX claims between 50-53 cents, up from last week's 40 cents range, as per BBG.

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  Posted by u/ one year ago

Unciphered Offers To Hack Former Ripple CTO Wallet To Recover 7,002 BTC

Crypto recovery company, Unciphered, claims they can surpass the 10-try limit to unlock former Ripple CTO wallet, which is holding 7,002 BTC ($244 million).

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  Posted by u/ one year ago

Mike Johnson wins House speaker race after weeks of GOP infighting: Recap

House Republicans electing a new speaker in Rep. Mike Johnson, R-La., after three weeks of infighting.

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  Posted by u/ one year ago

Speaker of the House Mike Johnson in photos

Louisiana Republican Rep. Mike Johnson was elected Speaker of the House on Oct. 25, 2023.

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  Posted by u/ one year ago

Ramping up attacks, DeSantis says Trump 'lost the zip on his fastball'

Ron DeSantis launched new attacks against former President Donald Trump, attempting to distinguish his campaign as more forward-looking.

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  Posted by u/ one year ago

Biden warns Iran not to attack American troops as tensions in Middle East rise

President Joe Biden warns Iran after attacks on U.S. bases in Iraq and Syria and amid fears Israel-Hamas war will expand into Middle East conflict.

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  Posted by u/ one year ago

Trump hit with $10,000 fine by NY judge for 'dangerous' flouting of gag order

The judge in Donald Trump's real estate fraud trial fined him $10,000 after ruling he violated a gag order in the case for a second time.

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  Posted by u/ one year ago

Biden weighs in on new House speaker, who tried to overturn 2020 election

President Biden was asked Wednesday if he's concerned newly-elected House Speaker Mike Johnson would try to overturn 2024 election if Biden wins.

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  Posted by u/ one year ago

Turkey Stocks Sink Most in World Amid Jitters Over Israel, Rates

Turkey Stocks Sink Most in World Amid Jitters Over Israel, Rates

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  Posted by u/ one year ago

China Rolls Out Bold Stimulus Only to See Market Rally Fizzle

China Rolls Out Bold Stimulus Only to See Market Rally Fizzle

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  Posted by u/ one year ago

Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap

Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap

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  Posted by u/ one year ago

Nasdaq 100 Falls 2% as Bond Yields Rise; Oil Gains: Markets Wrap

Nasdaq 100 Falls 2% as Bond Yields Rise; Oil Gains: Markets Wrap

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  Posted by u/ one year ago

Former military leaders plead with Congress to pass Ukraine, Israel aid

A group of former military officials urged lawmakers to support a national security emergency package to counter rising authoritarian threats and confront humanitarian crises.

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  Posted by u/ one year ago

Republicans tap Mike Johnson as speaker nominee

Twenty-one days after Rep. Kevin McCarthy stepped down, Republicans chose Rep. Mike Johnson as their newest speaker of the House nominee.

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  Posted by u/ one year ago

House speaker live updates: Will Republicans crown GOP Rep. Mike Johnson?

House Republicans are on the cusp of electing a new speaker in Rep. Mike Johnson, R-La., after three weeks of infighting.

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  Posted by u/ one year ago

Donald Trump targets Mark Meadows over report that he will flip

The former president suggests that Meadows would be a weakling and a coward if he testifies against him.

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  Posted by u/ one year ago

Mike Johnson: Louisiana GOP Rep. in photos

Louisiana Republican Rep. Mike Johnson, the vice chair of the House Republican Conference was nominated by his GOP peers to serve as speaker.

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  Posted by u/ one year ago

Senate committee advances nominee for ambassador to Israel

The U.S. currently does not have a designated ambassador to Israel. President Joe Biden nominated Jack Lew for the role in September.

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  Posted by u/ one year ago

Why this former GOP senator, governor endorsed Nikki Haley in 2024 race

Judd Gregg, a longtime Republican leader in New Hampshire, said he is backing Nikki Haley in the 2024 Republican presidential primary. Here's why.

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  Posted by u/ one year ago

Standard Chartered, Deutsche Complete First Stablecoin Swaps on UDPN Blockchain

The transaction involved a real-time on-chain swap test between USDC and EURS stablecoins on the UDPN infrastructure.

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  Posted by u/ one year ago

Blockchain Forensics Firm CipherBlade Hit by Alleged Hostile Takeover Amid Founder's Absence

The founder of Pennsylvania blockchain forensics firm CipherBlade claims that a group of employees executed a 'hostile takeover' in a lawsuit filed in Alaska.

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  Posted by u/ one year ago

Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding \x93 What Does it Do?

Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks.

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  Posted by u/ one year ago

North America Dominates Global Crypto Usage, Chainalysis Report Reveals

According to a recent report from Chainalysis, North America is leading the world in crypto usage, with the United States driving the lion's share of activity.

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  Posted by u/ one year ago

Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services

The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3.

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  Posted by u/ one year ago

'US Law Doesn't Control the World\x9d Binance Argues in CFTC Lawsuit

Digital asset exchange Binance says the United States Commodity Futures Trading Commission (CFTC) is attempting to transplant its rules to global markets.

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  Posted by u/ one year ago

Blockchain embraces gold to provide stability and growth for crypto assets

This project brings 250 years of expertise in gold to the blockchain to provide a stable entry into the crypto market.

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  Posted by u/ one year ago

Solana's Marinade Finance Acts Swiftly to Ensure FCA Compliance, Blocks UK Access

Marinade Finance, the largest DeFi protocol on Solana, is blocking users in the UK from accessing its platform over 'compliance concerns.'

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  Posted by u/ one year ago

How Blockchain Technology Empowers Law Enforcement in Crypto Investigations

\x9cCryptocurrency isn't the currency of choice for criminals,\x9d according to Chamber of Digital Commerce CEO Perianne Boring.

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  Posted by u/ one year ago

Vodafone, Sumitomo team up with Chainlink to explore trade documents network

Vodafone?s Digital Asset Broker platform and Sumitomo have been working together since May on this proof-of-concept.

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  Posted by u/ one year ago

TradFi Continued Interest in Crypto Shows It Is No Longer a Fad: CFTC Commissioner

Cryptocurrency investing is rapidly breaking into mainstream financial consciousness, according to pro-crypto Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger.

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  Posted by u/ one year ago

FTX Reportedly Considering Bids to Restart Exchange, Decision Expected by Year End

Fallen crypto exchange FTX is currently evaluating proposals from three prospective bidders seeking to restart the crypto trading platform.

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  Posted by u/ one year ago

Matrixport Doubles Down on $45,000 Bitcoin Prediction as FOMO Grips Crypto Market

Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin's price could reach $45,000 by the end of the year as the FOMO sentiment grips Bitcoin market.

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  Posted by u/ one year ago

Bitcoin Scarcity Hits Record Level With LTHs Holding 80% as BTC Skyrockets to 17-Month Peak: Data

Long-term Bitcoin holders not letting go of their stash.

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  Posted by u/ one year ago

Stablecoin market escaping US regulatory oversight: Chainalysis

Stablecoin activity has been increasingly occurring through entities that aren?t licensed in the United States, according to Chainalysis.

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  Posted by u/ one year ago

Spot Bitcoin ETF Hype Rally Weekly Inflows To $66 Million, Investors Remain Bullish on Solana: Report

Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.

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  Posted by u/ one year ago

On-Chain Data Shows Heightened Volatility for Bitcoin in Coming Months: Bitfinex

On-chain indicators have shown that the market is in a period of volatility, which will grow in the coming months.

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  Posted by u/ one year ago

Bitcoin price surge sees significant asset outflow on crypto exchanges

The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no longer want to sell.

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  Posted by u/ one year ago

Grayscale Secures Court Order in Battle With SEC Over Bitcoin ETF

US Court of Appeals upholds the previous decision, instructs the SEC to reevaluate Grayscale's application for a spot Bitcoin ETF.

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  Posted by u/ one year ago

Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000

Data from on-chain analytics firm CoinGlass show high net outflows from centralized digital asset exchanges as the price briefly hit $35,000 before making a slight decline below the mark.

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  Posted by u/ one year ago

Ledger hardware wallet rolls out cloud-based private key recovery tool

Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require ?much less? information.

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  Posted by u/ one year ago

Bitcoin bulls fight to hold $34K as CME BTC open interest surpasses 100K

A surge in CME BTC volumes and open interest highlight institutional investors' growing interest in Bitcoin. Will it be enough to keep the price in the current range?

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  Posted by u/ one year ago

Friend.Tech User Dumps Keys Worth $1.5M on Ethereum Just to Move to a Bitcoin-Based Alternative

Are users of Friend.Tech abandoning the platform and transitioning to the rival platform NBC, which is built on the Bitcoin blockchain?

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  Posted by u/ one year ago

Miners and Coinbase Rally in Wake of BTC Price Boost Fueled by Bitcoin ETF Anticipation

As speculation grows around BlackRock's potential Bitcoin ETF approval by the SEC, Bitcoin's price and crypto-related stocks like Coinbase and Marathon Digital experience surges. Market volatility also becomes apparent, with a 3% BTC price dip following removal of BlackRock's ticker from DTCC's list.

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  Posted by u/ one year ago

Bitcoin Surge Puts 81% Of Supply In Profit: Glassnode

A whopping 4.7 million BTC entered profit this week, with the average short-term investor now up 20% on their holdings.

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  Posted by u/ one year ago

BlackRock's iShares Bitcoin ETF mysteriously disappears ? then reappears ? on DTCC site

BlackRock?s Bitcoin ETF listing staged a sudden reappearance on the DTCC?s website after disappearing for a few hours.

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