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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 12 months ago

Coinbase (COIN) Pops 6% Following Perpetual Futures Greenlight for Retail

Coinbase retail customers can now access one of the largest sectors of crypto trading worldwide.

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  Posted by u/ 12 months ago

NTT DATA to deploy a Horizen EON blockchain Certificate Signer Node

Key takeaways NTT DATA is deploying a Horizen EON blockchain Certificate Signer Node on the NTT DATA infrastructure. The node will help secure the Horizeon EON network.  NTT DATA deploys a Horizen EON node The Horizen team announced in a blog post on Thursday, September 28th, that NTT DATA, a leading IT service provider and global […]

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  Posted by u/ 12 months ago

Crypto.com Partners PayPal to Become Preferred Exchange for PYUSD

The crypto trading platform has amassed and now holds the deepest liquidity for PYUSD trading pairs globally.

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  Posted by u/ 12 months ago

Maker (MKR), THORChain (RUNE) skyrocket; Bitcoin takes $27k again

Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded […]

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  Posted by u/ 12 months ago

China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees

Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue.

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  Posted by u/ 12 months ago

Crypto price prediction: Memeainator (MMTR), Chainlink, WorldCoin

Memeainator raised more than $300k a few days after starting its token sale. WorldCoin token surged as the developers increased their focus on emerging markets. Chainlink gained traction as demand for its tokenizatioon products rose. Cryptocurrency prices had a strong performance this week as they defied the gravity we saw in other assets like stocks […]

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  Posted by u/ 12 months ago

Ripple Pulls Plug on Proposed Fortress Trust Acquisition Deal

Ripple, without giving an explanation for the cancellation of the planned Fortress Trust acquisition, noted that the outcome was different from the initial plan.

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  Posted by u/ 12 months ago

China dev fined 3 yrs? salary for VPN use, 10M e-CNY airdrop: Asia Express

Crypto industry concerns after Chinese dev fined 3 years? salary for using a VPN, largest Ponzi in Hong Kong history, JPEX saga, and more.

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  Posted by u/ 12 months ago

CZ Denies He Owns CommEX, Binance Russia's New Owner

Binance?s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia.

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  Posted by u/ 12 months ago

Trader Says Bitcoin and Crypto Markets Need ?Chaos? for Price Growth

The crypto sector could need banking problems or uncertainty about the solvency of governments to generate sustainable growth momentum.

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  Posted by u/ 12 months ago

2 Small Wins For Sam Bankman-Fried

After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday.

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  Posted by u/ 12 months ago

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.

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  Posted by u/ 12 months ago

EU Seeks More Data on Crypto?s ?Significant? Environmental Harm

The bloc?s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology

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  Posted by u/ 12 months ago

Listed Bitcoin Miners Could be the Ultimate Bet for 2024: Matrixport

Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said.

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  Posted by u/ 12 months ago

Bitfinex to Enhance Clients' Assets Security Using Zodia Custody's Interchange Product

Zodia's Interchange allows clients to keep their assets on its platform, while their holdings are mirrored and available on an exchange for trading.

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  Posted by u/ 12 months ago

IOTA Network to Debut ShimmerEVM?s Smart Contracts and Tokens

Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.

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  Posted by u/ 12 months ago

Buenos Aires Releases Blockchain Digital Identity Solution Powered by zkSync's ZK Proofs

Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government.

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  Posted by u/ 12 months ago

First Mover Americas: MakerDAO Exchange Balance Jumps; CZ Denies He Owns CommEx

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 28, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 12 months ago

Ethereum Developers Appear Successful in Second Attempt at Holesky Test Network Launch

The original planned launch date of Holesky, on Sept. 15, was supposed to celebrate the one-year anniversary of Ethereum?s historic ?Merge? transition.

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  Posted by u/ 12 months ago

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US

The company has been looking to expand globally and announced its international exchange in May this year.

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  Posted by u/ 12 months ago

Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.

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  Posted by u/ 12 months ago

Ethereum Staking Surges to 7.4M ETH and Counting

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  Posted by u/ 12 months ago

FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B

The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company?s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the ?hottest ticket in town.?

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  Posted by u/ 12 months ago

Major TradFi Player VanEck Readies Ethereum Futures ETF

VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.

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  Posted by u/ 12 months ago

Judge Denies Temporary Release For Sam Bankman-Fried, Suggests He Could Face 'Very Long Sentence'

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  Posted by u/ 12 months ago

Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

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  Posted by u/ 12 months ago

Europe?s Crypto Industry Wants Staking Clarity as Regulations Loom

The EU and UK may both be contemplating new rules to cover crypto staking ? as regulatory action in Switzerland and Singapore offers a cautionary tale.

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  Posted by u/ 12 months ago

Using Proof-of-Stake for a Decentralized Credit Bureau

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  Posted by u/ 12 months ago

Examining dYdX?s Path to Profitable DeFi

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  Posted by u/ 12 months ago

Crypto for Advisors: AI - Friend or Foe to the Advisor?

Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.

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  Posted by u/ 12 months ago

Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral

JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?

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  Posted by u/ 12 months ago

Ripple Cancels Plan to Buy Fortress Trust

"While this outcome is different from what was originally planned, we?ll continue to support them and hope to work together in the future," said CEO Brad Garlinghouse.

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  Posted by u/ 12 months ago

Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes

Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.

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  Posted by u/ 12 months ago

Here's the Sam Bankman-Fried Trial Schedule

Sam Bankman-Fried's trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.

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  Posted by u/ 12 months ago

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

It would be hard for a big exchange to repeat an FTX collapse if the firm?s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That?s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.

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  Posted by u/ 12 months ago

Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF

The fund's new strategy to combine ether and bitcoin will be effective formally on Oct. 3.

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  Posted by u/ 12 months ago

Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award

FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk?s Ian Allison.

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  Posted by u/ 12 months ago

Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience

London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been […]

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  Posted by u/ 12 months ago

BlackRock Bitcoin ETF Continues To Be Delayed By The SEC For Further Investigation

SEC tightens oversight of major companies' Bitcoin initiatives. BlackRock Bitcoin ETF application is eagerly anticipated in this evolving regulatory landscape. Bitcoin ETF approvals face delays amid concerns about a government shutdown.

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  Posted by u/ 12 months ago

Ripple?s Fortress Trust Acquisition Now Collapsed After Nearly 3 Weeks Of Agreement

Ripple's Fortress Trust acquisition collapsed, just weeks after announcing expansion plans in the United States. The cryptocurrency theft incident at Fortress Trust may have influenced the decision.

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  Posted by u/ 12 months ago

Optimism Sparks Excitement with Security Council Announcement

Optimism has recently made an exciting announcement about its future plans, which involve the establishment of a security council.

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  Posted by u/ 12 months ago

Sui Foundation?s zkLogin Launch Shakes Up Crypto World with Innovation!

Sui Foundation has announced that the zkLogin launch is now live on the mainnet.

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  Posted by u/ 12 months ago

Valkyrie Ethereum Futures ETF Receives U.S. SEC Approval To Launch Next Week

Investors now gain access to Valkyrie Ethereum futures ETF, a notable milestone in cryptocurrency investments. "Valkyrie Bitcoin and Ethereum Strategy ETF" (BTF) launches on October 3rd.

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  Posted by u/ 12 months ago

BTC and ETH Expiry Looms with Multi-Billion Dollar Notional Values

Traders and investors are closely eyeing the options data for BTC and ETH expiry on September 29th.

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  Posted by u/ 12 months ago

Ethereum ACDE 171 Revolutionizes Crypto with Holesky?s Launch and Private ETH Transfers

Ethereum ACDE 171 took place earlier today, bringing together various key elements that could shape the future of the Ethereum network.

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  Posted by u/ 12 months ago

Whale Resumes Ethereum Accumulation as Price Bounces Back!

The prominent whale Ethereum accumulation with the address 0x828 executed a substantial swap approximately 16 to 10 hours ago.

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  Posted by u/ 12 months ago

Beyond a Web3 Drifting Experience: Torque Drift 2 Unveils its Latest Trailer

Torque Drift 2. This isn't your regular racing game ? it's a blockchain-based marvel that vows to deliver a never-before-seen authentic drifting experience, replete with first-of-its-kind phygital integrations.

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  Posted by u/ 12 months ago

Nike to Shed Light on Pinched US Consumers as Shares Sputter

Nike to Shed Light on Pinched US Consumers as Shares Sputter

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  Posted by u/ 12 months ago

Tech Stocks Rebound, Treasury Yields Turn Lower: Markets Wrap

Tech Stocks Rebound, Treasury Yields Turn Lower: Markets Wrap

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  Posted by u/ 12 months ago

Impeachment hearing recap: Witnesses say Biden shouldn't be impeached

Republicans held the first impeachment inquiry hearing into President Joe Biden.. Here's what witnesses told lawmakers about Biden and his family.

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