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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Uniswap Foundation requests $62.37M to fund ecosytem growth

Uniswap Foundation is requesting for $62.37 million to support growth of the Uniswap ecosytem. An on-chain vote on the foundation’s proposal will be taken on Wednesday, October 4, 2023. The Uniswap Foundation has submitted a governance proposal requesting for $62.37 million funding as it looks to continue supporting the Uniswap’s ecosystem growth. Uniswap Foundation eyes […]

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  Posted by u/ one year ago

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Sherman Oaks, United States, September 27th, 2023, Chainwire Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service games and software. The AcceleratXR platform and network engine offer robust scalability, supporting experiences across multiple platforms and devices. It functions similarly to […]

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  Posted by u/ one year ago

Bitcoin holds steady as DXY advance hurts stocks

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY) on Wednesday, spiking to above $26,820 in early US trading […]

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  Posted by u/ one year ago

Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis

From solving Mt. Gox to tracing crypto used by child abuse syndicates in Korea, Chainalysis has a long but sometimes controversial history.

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  Posted by u/ one year ago

Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer

Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more.

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  Posted by u/ one year ago

Thailand?s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership

The partnership comes weeks after KBank, rival of SCBX?s parent, announced a $100 million web3 fund.

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  Posted by u/ one year ago

Shiba Inu Ecosystem Token Bone Jumps 10% as Developers Take Key Security Step

The deployer contract for bone tokens was renounced late Tuesday, fuelling investor sentiment.

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  Posted by u/ one year ago

Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days

The spread between dominant crypto options exchange Deribit's forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7.

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  Posted by u/ one year ago

Binance Sells Russian Unit to Day-Old CommEX, Exits Country

Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday.

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  Posted by u/ one year ago

Bitcoin, Ether Prices Stay Flat as Traders Eye Return of U.S. Equities Correlation

Crypto majors lost just under 0.5% as U.S. markets closed lower on Tuesday.

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  Posted by u/ one year ago

Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief

It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.

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  Posted by u/ one year ago

Sam Bankman-Fried Can Grill Former FTX Insiders on Drug Use in Court

While Bankman-Fried's lawyers tried again to get him out of jail just days ahead of his trial, the judge overseeing the case inched closer to resolving some outstanding issues.

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  Posted by u/ one year ago

Bitcoin Miner Marathon Confirms Mining Invalid BTC Block Due to a Bug

Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers.

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  Posted by u/ one year ago

First Mover Americas: Binance Sells Russian Unit

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 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

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

Curve founder Michael Egorov has deposited 68 million CRV tokens ($35 million) to settle his entire debt position on DeFi lending platform Aave, according to blockchain analytics firm Lookonchain.

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  Posted by u/ one year ago

Bitcoin Jumps 2%, Ignoring DXY's Rise to 10-Month High; XRP Eyes Death Cross

The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said.

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  Posted by u/ one year ago

Binance CMO Hails Istanbul as a Crypto Hub

Rachel Conlan, the new Chief Marketing Officer (CMO) of Binance, the world's largest cryptocurrency exchange by trading volume, conducted an interview with Serdar Turan as part of CoinDesk Türkiye's Exclusive Interview series.

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  Posted by u/ one year ago

Ending the Staking Trade-Off Can Save DeFi Communities

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  Posted by u/ one year ago

EigenLayer?s Sreeram Kannan on the Hot (and Risky) Ethereum Trend of ?Restaking?

In an exclusive interview, Sreeram Kannan, the founder of EigenLayer and a pioneer behind restaking, discusses his project's goals as a new landscape for restaking emerges.

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  Posted by u/ one year ago

Staking Risks Are Vastly Misunderstood

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  Posted by u/ one year ago

Five Reasons Why the World Needs a Standardized Ethereum Staking Rate

An ether (ETH) staking benchmark could attract institutional investors into the Ethereum ecosystem and unlock a new wave of innovation.

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  Posted by u/ one year ago

With All Eyes on a Spot Bitcoin ETF Approval, Don?t Sleep on ETH (or ETHE)

There?s a better trade than buying Grayscale?s GBTC if you?re optimistic the SEC will approve crypto ETFs.

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  Posted by u/ one year ago

ETH Staking Has a Bright Future, Despite Regulatory Uncertainty

The SEC?s incoherent approach to the market is having a chilling effect on compliant and regulated investors. But there are workarounds that give investors greater comfort, says Jason Hall, CEO of Methodic Capital.

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  Posted by u/ one year ago

The Protocol: Google Pushes Deeper into Blockchain

Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.

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  Posted by u/ one year ago

Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request

The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.

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  Posted by u/ one year ago

How Ethereum Staking Stacks Up in the Proof-of-Stake Landscape

Why is Ethereum the best bet for staking investors? Answer: because it combats inflation.

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  Posted by u/ one year ago

Bitcoin Slides Back Towards $26K as Surging Interest Rates Trigger Macro Jitters

The U.S. 10-year Treasury yield rose another nine basis points Wednesday to a new 16-year high of 4.63%.

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  Posted by u/ one year ago

Sam Bankman-Fried Can Use an 'Air-Gapped' Laptop in Court, Judge Rules

A federal judge signed off on a defense request to allow FTX founder Sam Bankman-Fried to use an "air-gapped" laptop while in court during his trial next month.

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  Posted by u/ one year ago

Crypto Exchange Kraken to Explore Stock Trading: Bloomberg

The service could launch as soon as 2024, Bloomberg reported, citing a person familiar with the matter.

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  Posted by u/ one year ago

Jade Protocol Faces Calls to Liquidate $31M Token Treasury

The crypto club Jade Protocol could become the latest DAO to die.

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  Posted by u/ one year ago

SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

SEC recently extended deadlines for ARK, GlobalX spot bitcoin ETFs.

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  Posted by u/ one year ago

Sam Bankman-Fried?s Biggest Grift? His ?Best In Class? Exchange

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  Posted by u/ one year ago

U.S. Department of Justice Opposes Sam Bankman-Fried's Latest Move for 'Temporary Release'

The U.S. Department of Justice said in a Wednesday court filing that Sam Bankman-Fried's latest move for a temporary release ? even with severe restrictions ? should be denied.

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  Posted by u/ one year ago

SEC?s Gensler Throws More Crypto Punches in Congressional Hearing

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless with customer assets.

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  Posted by u/ one year ago

SEC Chair Gary Gensler Warned About Subpoena For Avoiding Transparency About FTX

Congressman McHenry warns SEC Chair Gary Gensler of a possible subpoena over transparency issues with FTX. SEC emphasizes the need for crypto registration, but compliance remains extremely low.

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  Posted by u/ one year ago

Xiang Xiang Unicoin Arrested By Hong Kong Police In JPEX Case: Report

Two other people and Xiang Xiang Unicoin arrested by Hong Kong police in the Unicoin crypto case. Investigation ongoing; total funds involved reach HK$1.499 billion.

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  Posted by u/ one year ago

Veteran iGaming Team Launch Crypto Casino Portal

London, United Kingdom, September 27th, 2023, Chainwire In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto casinos in […]

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  Posted by u/ one year ago

Gary Gensler Bitcoin Stance Remains Stable: It?s Not A Security

SEC Chair Gary Gensler Bitcoin stance remains unchanged, treating it as a commodity. Gensler faces criticism from Republicans for not cooperating with Congress during his term.

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  Posted by u/ one year ago

Kraken Stock Trading Will Be Launched In 2024

Kraken stock trading will initially launch in the US and UK, with regulatory approvals in place. The exchange aims to unify crypto and traditional portfolios for customers.

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  Posted by u/ one year ago

Hashdex Bitcoin ETF Filing Now Acknowledged By The SEC

Hashdex Bitcoin ETF filing surprises by appearing early, possibly due to government shutdown concerns. The asset management company enters the US Bitcoin ETF competition with a futures ETF application.

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  Posted by u/ one year ago

Terraform Labs Founder Do Kwon Now Challenges SEC Amidst Global Legal Showdown

Terraform Labs founder Do Kwon has firmly contested the U.S. Securities Exchange Commission's (SEC) bid to interrogate him within the United States concerning the tumultuous downfall of Terra and Luna stablecoins.

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  Posted by u/ one year ago

Meta Quest 3 New Features: Integrates With AI Chatbots And Meta AI

Meta Quest 3 new features promise immersive experiences, while Ray-Ban smart glasses offer livestreaming and AI capabilities, as per WSJ.

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  Posted by u/ one year ago

Latest Gemini Genesis News Reveals $282 Million Withdrawal Before Bankruptcy

In a recent Gemini Genesis news reported by Bloomberg, Gemini withdrew $282 million from Genesis before bankruptcy, triggering legal disputes in the crypto world.

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  Posted by u/ one year ago

Ethereum Price Remains Stable Above $1,600 Mark After SEC Decision

Ethereum price stays above $1,600 after breaking resistance at $1,590 and overcoming a brief SEC ETF decision delay. Ethereum eyes a crucial hurdle at $1,645, with a potential breakout signaling further price gains.

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  Posted by u/ one year ago

Evidence Guidelines for SBF?s Trial Released

The document is a record of evidence that either SBF or the government requested be cut from the trial.\r\n

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  Posted by u/ one year ago

Binance to Leave Russia With Business Sale to Crypto Exchange CommEx

Binance will have no ongoing revenue split from the sale and will maintain no option to buy back shares in the business.

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  Posted by u/ one year ago

MATIC Holds Still Above $0.50 As Renewed Chain Activity Attracts Bulls

Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level.

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  Posted by u/ one year ago

Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals

Binance, the world's largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges.

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  Posted by u/ one year ago

These 4 Charts That Show Crypto Adoption is Still Surging\xa0

Crypto markets and spot prices may be in the depths of a bear market, but overall adoption is still growing as evidenced by a number of recent charts.

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  Posted by u/ one year ago

Local US Bank Shut Down after CEO Lost Millions in Crypto Scam

Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam.

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