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   Business News    Business News   Business News

  Posted by u/ one year ago

NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth

The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume.

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  Posted by u/ one year ago

Mt. Gox Pushes Repayment Deadline by a Year

The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024.

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  Posted by u/ one year ago

PayPal Now Expands PYUSD Stablecoin To Venmo Users

In a significant move, PayPal, a leading U.S.-based payment processor, has announced that its PYUSD stablecoin is now accessible on Venmo, extending its reach within the digital payment ecosystem. This development was disclosed in a recent press release.

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  Posted by u/ one year ago

Balancer Reported That A Social Engineering Attack Resulted In $238,000 In Crypto Losses

In a recent incident, Balancer, the automated market maker operating on the Ethereum (ETH) blockchain, faced a security breach believed to be the result of a social engineering attack on its DNS service provider.

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  Posted by u/ one year ago

Magic Eden Will Provide Its Open Version, Supporting Creatives & Collectors

Magic Eden, a prominent player in the NFT market, has made waves with its recent announcement. The company is set to unveil an open version of Magic Eden, inviting creators to submit their applications.

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  Posted by u/ one year ago

dYdX Integrated Squid To Effectively Transition To The Upcoming V4 Version

Decentralized financial derivatives marketplace dYdX has taken a significant step towards enhancing its user experience by integrating a cutting-edge solution based on Axelar's cross-chain infrastructure. This move is designed to facilitate seamless onboarding and offboarding processes for users accessing dYdX v4.

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  Posted by u/ one year ago

Crypto Exchange JPEX Seeks Deregistration In Australia Amid Scandal

JPEX crypto exchange applies for deregistration amid financial turmoil. The exchange, plagued by controversy, claimed that all its members unanimously agreed to the deregistration, stating that the company was defunct, possessed assets not exceeding A$1,000, and carried no liabilities.

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  Posted by u/ one year ago

NEAR Foundation And SK Inc. C&C Unite For Innovation In Web3

In a strategic move aimed at fostering the growth of Web3 businesses in the region, the NEAR Foundation has joined forces with SK Inc. C&C, a global IT industry leader. This collaboration marks a significant milestone in the Web3 ecosystem, focusing on research, support, and marketing efforts.

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  Posted by u/ one year ago

Immutable X Suddenly Increases More Than 35% As Whales Show Signs Of Accumulation

Immutable X (IMX), a layer-2 scaling solution built on the Ethereum blockchain, has surged by over 35% as recent on-chain data indicates a growing interest from cryptocurrency whales. The recent price surge may attract increased liquidity but could also lead retail investors to consider profit-taking.

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  Posted by u/ one year ago

Australian Regulator Sues Kraken Affiliate For Causing Damages To Users A$12.95 Million

The Australian Securities and Investments Commission (ASIC) has launched civil penalty proceedings against Bit Trade, the operator of the Kraken cryptocurrency exchange in Australia. This action comes in response to alleged violations of design and distribution obligations (DDO) for one of its trading products.

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  Posted by u/ one year ago

Singapore Banks Crack Down On Money Laundering: $1.8 Billion Assets Seized

Singapore banks intensify scrutiny of Chinese-born clients with multiple citizenships after a money laundering crackdown involving $1.8 billion worth of assets.

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  Posted by u/ one year ago

Mt. Gox Postpones Repayment Deadline To October 2024

Creditors of the beleaguered Mt. Gox cryptocurrency exchange have been met with another delay in their quest for repayment. Originally slated for October 31, 2023, the debt repayment deadline has been pushed back yet again, this time to October 31, 2024, as per a recent letter received by Mt. Gox creditors.

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  Posted by u/ one year ago

Turkey?s Stock Rally Is Under Threat as Bearish Signals Mount

Turkey?s Stock Rally Is Under Threat as Bearish Signals Mount

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  Posted by u/ one year ago

China Stocks Set for 10-Month Low as Economic Pessimism Persists

China Stocks Set for 10-Month Low as Economic Pessimism Persists

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  Posted by u/ one year ago

A Popular Quant Trade Misfiring on Wall Street Rallies Overseas

A Popular Quant Trade Misfiring on Wall Street Rallies Overseas

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  Posted by u/ one year ago

Stocks Fall as Yields Rise on Fed?s ?Hawkish Skip?: Markets Wrap

Stocks Fall as Yields Rise on Fed?s ?Hawkish Skip?: Markets Wrap

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  Posted by u/ one year ago

Gun law that Hunter Biden is accused of violating is being challenged in court

Federal courts weigh the constitutionality of the statute behind Hunter Biden's gun charges as President Biden aims to strengthen background checks.

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  Posted by u/ one year ago

Zelenskyy: Trump should share peace plan 'now'; UN must strip Russia of veto

Zelenskyy urges the UN Security Council to expand its permanent memberships and drop veto powers for its members in cases of "mass atrocities."

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  Posted by u/ one year ago

Ex-White House lawyer compares Trump to 'mob boss' in documents case

Ty Cobb said Trump had "no reason" to expect his former assistant to lie to investigators on his behalf, in reaction to new case developments.

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  Posted by u/ one year ago

Biden, Bibi and Bette Midler: What you missed from the UN General Assembly

War in Ukraine, sit-downs with world leaders and a few campaign fund-raisers topped President Joe Biden's agenda at U.N. General Assembly.

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  Posted by u/ one year ago

Judge sets Oct. 3 arraignment for Hunter Biden's gun charges

Hunter Biden asked to enter his plea by video, but the prosecutor insisted on an in-person hearing to avoid giving special treatment. The judge agreed

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  Posted by u/ one year ago

Democrats want federal law to protect voting rights

Ahead of the 2024 elections, Black lawmakers are urging Congress to pass a federal voting rights bill to protect all voters.

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  Posted by u/ one year ago

Georgia fake electors ask for federal trials for charges with Trump

Three fake electors indicted with Donald Trump -- David Shafer, Shawn Still and Cathy Latham -- asked a judge to move their cases to federal court.

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  Posted by u/ one year ago

OnPolitics: Biden + the UN

Catch up with the news out of New York, where world leaders gathered for the annual meeting of the United Nations General Assembly.

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  Posted by u/ one year ago

Paper change to blame for Arizona election printer issues| Fact check

A review found that after Maricopa County went to larger, thicker paper, some printers had trouble printing on-demand ballots dark enough to be read.

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  Posted by u/ one year ago

Former Donald Trump aide Cassidy Hutchinson alleges Rudy Giuliani groped her

Cassidy Hutchinson, a former Trump White House aide who testified before the Jan. 6 committee, has alleged she was groped by Rudy Giuliani.

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  Posted by u/ one year ago

Senate confirms top military officer, despite Tuberville's protest

The Senate will move to confirm three military nominees to their new posts, maneuvering around a months-long hold by Alabama Sen. Tommy Tuberville.

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  Posted by u/ one year ago

Sage Steele not commenting on reports Republican leaders want her in Congress

"Unnamed Republican leaders and donors in Washington and Connecticut? are trying to persuade Steele to run, according to reports.

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  Posted by u/ one year ago

BofA?s Savita Subramanian Latest on Wall Street to Lift S&P 500 Target

BofA?s Savita Subramanian Latest on Wall Street to Lift S&P 500 Target

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  Posted by u/ one year ago

Only Fund Beating Nasdaq Long-Term Is Defying Stock-Picking Odds

Only Fund Beating Nasdaq Long-Term Is Defying Stock-Picking Odds

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  Posted by u/ one year ago

Has Biden been impeached? How does the impeachment process work?

House Republicans will officially begin their latest investigation into the president, ahead of any impeachment charges brought against Joe Biden.

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  Posted by u/ one year ago

NYC's crisis across the street looms over Biden at United Nations

A flood of migrants into New York City and other domestic issues weigh on Joe Biden as he met with world leaders and delivered his UN speech.

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  Posted by u/ one year ago

Gun law that Hunter Biden is accused of violating is being challenged in court.

Federal courts weigh the constitutionality of the statute behind Hunter Biden's gun charges as President Biden aims to strengthen background checks.

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  Posted by u/ one year ago

A tearful Merrick Garland defends DOJ as GOP accuses favoritism for Joe Biden

Attorney General Merrick Garland defended the Justice Department, saying it is independent. But GOP critics lashed out, suggesting the FBI should be defunded. 'They don't trust you!'

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  Posted by u/ one year ago

Could Ukraine aid fuel a government shutdown? Congress is bitterly divided.

Congress is feuding over continued U.S. aid for Ukraine ahead of Volodomyr Zelenskyy's visit and a looming government shutdown.

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  Posted by u/ one year ago

Zelenskyy: Trump should offer war 'ideas now'; UN must strip Russia of veto

Zelenskyy urges the UN Security Council to expand its permanent memberships and drop veto powers for its members in cases of "mass atrocities."

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  Posted by u/ one year ago

Hunter Biden to plead not guilty, Zelensky at UN: 5 Things podcast

5 Things podcast: Reporter Ken Tran explains the divisions over aid to Ukraine. West Point has been sued for using 'race-based admissions,' and more.

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  Posted by u/ one year ago

White House team cancels Detroit visit this week to help resolve UAW strike

White House officials will stay in Washington to "allow talks to move forward" between the UAW and automakers instead of traveling to Detroit.

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  Posted by u/ one year ago

OneCoin Lawyer Involved In Laundering $400 Million Denied Fresh Trial

Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial.

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  Posted by u/ one year ago

Hong Kong to tighten crypto regulation in wake of JPEX fraud case

The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freeze and declining wallet balances.

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  Posted by u/ one year ago

Tether authorizes $1B USDT to 'replenish' Tron network

Blockchain trackers flag $1 billion ?authorised but not issued? USDT mint at Tether?s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps.

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  Posted by u/ one year ago

Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption

Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz's crypto arm, a16z crypto.

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  Posted by u/ one year ago

Indian state governments spur blockchain adoption in public administration

Numerous initiatives by local and state governments in India ? from data management systems to verifiable certificate issuances ? currently use blockchain technology.

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  Posted by u/ one year ago

Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

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  Posted by u/ one year ago

Global Investment Bank Nomura Launches Institutional Bitcoin Fund \x93 Adoption on the Rise?

Japan's largest investment bank, Nomura, unveiled its Bitcoin Adoption Fund through its crypto subsidiary, Laser Digital.

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  Posted by u/ one year ago

Standard Chartered's Zodia Custody to Bring Yield on Crypto Holdings for Institutional Clients

Zodia Custody and OpenEden have partnered to connect cryptos held in custody with \x9creal-world yield opportunities.\x9d

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  Posted by u/ one year ago

Crypto Investment Products See Continuous Outflows, Nearing $500 Million in Nine Weeks

Capital continued to flow out of crypto-backed investment funds last week, with total outflows for the past nine weeks now nearing $500 million.

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  Posted by u/ one year ago

Binance CEO Rejects SEC's Allegation Regarding Wallet Provider Ceffu

Binance CEO Changpeng 'CZ' Zhao has responded to allegations the US Securities and Exchange Commission (SEC) raised regarding Binance.US's association with wallet provider Ceffu.

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  Posted by u/ one year ago

Polkadot Ecosystem Expands as Circle Introduces Native USDC Stablecoin

Stablecoin issuer Circle has announced the official launch of USDC, the second largest stablecoin by market cap, in the Polkadot Asset Hub parachain.

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  Posted by u/ one year ago

More SEC Enforcement Action is Coming With DeFi in Firing Line, Warns Key Agency Official

The SEC is going to continue widening its efforts to bring the US crypto industry into compliance, a key official warned on Tuesday, despite recent setbacks.

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