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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

NounsDAO Unleashes Fork Page, Empowering Supporters to Claim DAO Treasury Shares

NounsDAO has taken a significant step by launching a dedicated fork site on its official platform.

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  Posted by u/ one year ago

Harry Potter Stars Clash with Ripple Executive Over London Home Renovation Plans \x93Â\xa0What's Going On?

AÂ\xa0RippleÂ\xa0executive is facing opposition from three renownedÂ\xa0Harry PotterÂ\xa0film stars over London home renovation plans.

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  Posted by u/ one year ago

FTX Wants to Retrieve Money Paid to Shaquille O?Neal, Naomi Osaka: Report

Financial advisers working for FTX believe they can get some of that money back.

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  Posted by u/ one year ago

FTX Advisors Investigate Recovery of Pre-Collapse Payments to Shaq, Naomi Osaka, and More

FTXÂ\xa0Group advisers are investigating the possibility of reclaiming millions of dollars paid to celebrities, includingÂ\xa0Shaquille O'NealÂ\xa0andÂ\xa0Naomi Osaka, for their endorsements ofÂ\xa0Sam Bankman-Fried's cryptocurrency platform before its collapse.

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  Posted by u/ one year ago

Linus Financial Settles With SEC Out of Court

Due to the prompt action and initiative, the SEC has decided that no penalties will be enforced.\r\n

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  Posted by u/ one year ago

What an unprecedented Biden ad blitz says about his reelection fight

What an unprecedented Biden ad blitz says about his reelection fight

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  Posted by u/ one year ago

Blancpain X Swatch Collaboration Sparks Another Sales Surge

Blancpain X Swatch Collaboration Sparks Another Sales Surge

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  Posted by u/ one year ago

VinFast?s 504% Rally Burns Traders Playing Greater Fool Theory

VinFast?s 504% Rally Burns Traders Playing Greater Fool Theory

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  Posted by u/ one year ago

Reality Is Creeping In on the Nasdaq?s Yearlong Dream Rally

Reality Is Creeping In on the Nasdaq?s Yearlong Dream Rally

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  Posted by u/ one year ago

Should Biden attend G20 summit in India after COVID exposure?

The White House is going ahead with Joe Biden's trip to the G20 summit in India even though he has been exposed to COVID. Is that a good idea?

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  Posted by u/ one year ago

Georgia grand jury recommended charging Lindsey Graham, 2 other GOP senators

A Georgia grand jury that investigated Donald Trump recommended charges against U.S. Sens. Graham, Perdue and Loeffler, but they weren't indicted.

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  Posted by u/ one year ago

No Putin. No Xi. No problem? Why Biden views the G20 as essential

Intent on keeping the G20 from losing its gusto, President Joe Biden is attending the economic summit, as the Russian and Chinese leaders skip.

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  Posted by u/ one year ago

Second GOP debate: What to watch for as 2024 candidates face off

Republican candidates will take the stage in California Sept. 27 for the second GOP primary debate. Here's what you need to know.

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  Posted by u/ one year ago

Trump and DeSantis will cross paths at Iowa vs. Iowa State football game

Donald Trump and Ron DeSantis are both scheduled to be in attendance at the Iowa vs. Iowa State college football game Saturday.

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  Posted by u/ one year ago

SEC Settles Charges Against Linus Financial Over Unregistered Retail Crypto Lending Product

The SEC will not impose civil penalties, as a result of Linus Financials' cooperation and prompt remediation.

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  Posted by u/ one year ago

Nomura's Crypto Arm Might Take Longer Time to Turn Profitable After Market Rout: CEO

Laser Digital is setting up an office in Tokyo to offer support to its global trading business.

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  Posted by u/ one year ago

Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards

Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and NFT vouchers.

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  Posted by u/ one year ago

48% of Asset Managers Hold Crypto For Clients: Coalition Greenwich Report

A new study reveals nearly half of institutions in the United States, UK, and Europe offer digital asset services to their clients.

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  Posted by u/ one year ago

JP Morgan Explores Blockchain-Based Deposit Token for Faster Cross-Border Settlements: Report

JP Morgan does not intend to use the token as a replacement for stablecoins or for the purchase of cryptocurrencies.

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  Posted by u/ one year ago

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.

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  Posted by u/ one year ago

Coinbase Pushes Toward Global Expansion, Sets Sights On Regulated Markets

Digital asset exchange Coinbase sets out plans for a global expansion flagging jurisdictions outside the United States as \x9cnear-term priority markets.\x9d

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  Posted by u/ one year ago

What is OpenSea and how to use it?

This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution.

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  Posted by u/ one year ago

NFT startup Rario loses founders after $120M funding last year: Report

As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report.

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  Posted by u/ one year ago

Bitcoin all-time high in 2025? BTC price idea reveals 'bull run launch'

Bitcoin hodlers need to look at November 2024 for clues as to when BTC price will aim for the moon next, says CryptoCon.

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  Posted by u/ one year ago

Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023.

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  Posted by u/ one year ago

CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud

The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said.

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  Posted by u/ one year ago

Ethereum volatility falls below Bitcoin as volume lags

Key Takeaways Volatility has picked up in the last two weeks but remains low compared to normal levels Ethereum’s realised volatility has now dipped below Bitcoin’s Suppressed trading volumes are a big reason why volatility is lacking August brought the lowest trading volume since October 2020 Ask anybody to describe the cryptocurrency markets, and there […]

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  Posted by u/ one year ago

The Open Platform Aims to Pioneer Web3 SuperApp Development Through Wallet Integration in Telegram

Dubai, United Arab Emirates, September 8th, 2023, Chainwire The company previously known as First Stage Labs is rebranding as The Open Platform (TOP) today. This strategic move aligns the name and mission of the company with those of its blockchain partner, TON Foundation. The business will be restructured as part of the rebrand. This will […]

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  Posted by u/ one year ago

Turkish crypto exchange Thodex CEO jailed for 11,196 years

The long-drawn-out case against the Thodex crypto exchange had 21 defendants. 16 defendants were acquitted of “qualified fraud” for lack of evidence. The CEO, Faruk Fatih zer, and his two siblings received the highest sentencing. A Turkish court sentenced Faruk Fatih zer, the former CEO of the crypto exchange Thodex, to 11,196 years in jail […]

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  Posted by u/ one year ago

Crypto price prediction: XDC Network, Cronos, Astar

Cryptocurrencies moved sideways this week as Bitcoin remained below $26,000. XDC Network, Cronos, and Astar were among the biggest gainers. Cryptocurrency prices had a relatively muted performance this week as a sense of fear spread in the market. Bitcoin was stuck at $26,000 while American indices like the Dow Jones, Nasdaq 100, and S&P 500 retreated. […]

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  Posted by u/ one year ago

Crypto firm LBRY files to challenge ruling it violated US Securities Law

The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case in November 2022 and LBRY said that it would close. LBRY was also ordered to pay a fine of $111,614. The cryptocurrency firm LBRY has announced its intention to appeal […]

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  Posted by u/ one year ago

Coinbase plans major expansion in countries with ?clear crypto rules?

Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also has plans for major partnerships with banking providers and seeks to expand its products and services, including derivatives. Coinbase, the leading US-based cryptocurrency exchange, has announced plans for its second phase international expansion, with targeted […]

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  Posted by u/ one year ago

JPMorgan reportedly considers a payment token as Shiba Memu raises $2.58 million

JPMorgan is said to be launching a blockchain-powered token to revolutionise its global payments. Shiba Memu takes on meme tokens with an AI application amid the hunt for new crypto use cases. Shiba Memu could increase by up to 50x, given the historic price moves of meme cryptocurrencies. The hunt for new solutions in a […]

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  Posted by u/ one year ago

Edelman predicts a $150K Bitcoin price post-halving. How does this impact Chancer?

Edelman says Bitcoin could rise to $150,000 after the 2024 halving event. A strong Bitcoin could boost the sentiment for other cryptocurrencies like Chancer. Analysts expect up to a 1,000% price increase for Chancer. After a prolonged bear crypto market, Bitcoin is expected to look up to the stars again. The upcoming halving event somewhere […]

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  Posted by u/ one year ago

CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud

CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged for failing to register as a commodity pool operator. The CFTC order imposed a $2 million restitution and $500,000 civil monetary penalty. In regulation news today, the Commodity Futures Trading Commission (CFTC) has fined Jacob […]

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  Posted by u/ one year ago

Tencent?s AI leviathan, $83M scam busted, China?s influencer ban: Asia Express

Tencent builds the largest AI LLM model ever, South Korean authorities bust $83M crypto scam.

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  Posted by u/ one year ago

Big Questions: What?s with all the crypto deaths? 

Stuffed down toilets, dismembered in suitcases ? crypto has been the common denominator for several gruesome murders and mysterious deaths this year.

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  Posted by u/ one year ago

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.

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  Posted by u/ one year ago

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.

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  Posted by u/ one year ago

Coinbase Targets Regulatory Clarity in International Expansion Plan

Coinbase is looking at "markets that are enacting clear rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities.

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  Posted by u/ one year ago

MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.

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  Posted by u/ one year ago

Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November.

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  Posted by u/ one year ago

Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report

The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Shows Signs of Life

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 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 Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.

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  Posted by u/ one year ago

U.S. Fed?s Vice Chair Barr Says CBDC Decision Still a ?Long Way? Off

The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the ?basic research? phase.

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  Posted by u/ one year ago

Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May.

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  Posted by u/ one year ago

Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push

The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.

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  Posted by u/ one year ago

A New Crypto Scam Shows Perils of Elon Musk's Twitter

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  Posted by u/ one year ago

NFT Video Startup Glass Falls to Crypto Bear Market

The startup?s founders say they?re ending active development after two years.

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