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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Binance head of product quits as executive exodus continues

Binance' product lead Mayur Kamat says he is passing the baton to ?next gen leaders? to take some time off after years of product work.

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  Posted by u/ one year ago

OKX crypto exchange enters final stage of Hong Kong VASP license application

Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.

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  Posted by u/ one year ago

JPMorgan Anticipates SEC Approval of Spot Bitcoin ETFs After Grayscale's Victory

The SEC will likely be forced to approve multiple spotÂ\xa0Bitcoin (BTC)Â\xa0exchange-traded fundÂ\xa0(ETF) applications following the recentÂ\xa0GrayscaleÂ\xa0victory.

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  Posted by u/ one year ago

Bitcoin ETF applications: Who is filing and when the SEC may decide

Despite BlackRock?s application for a Bitcoin spot ETF, its approval remains uncertain, with the SEC favoring another futures-based Ether ETF.

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  Posted by u/ one year ago

Australian lawmakers send back crypto bill by Andrew Bragg

Introduced in March 2023, Australia?s bill on digital asset market regulation has faced a series of report delays by the Senate, and it's now been sent back for amendments.

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  Posted by u/ one year ago

Spot Bitcoin ETF in America is ?Inevitable:? Former SEC Chair Claims

Clayton, who previously said that the approval of a spot BTC ETF is "hard to resist," now sees it as "inevitable."

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  Posted by u/ one year ago

Bitcoin futures data hints at $22K as the next logical step

BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects.

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  Posted by u/ one year ago

Micro $3 Bitcoin miners won?t make bank, but that?s not the point: Inventors

Pocket-sized Bitcoin miners are a stand against the ?secrecy and exclusivity? of the Bitcoin mining industry, according to their inventors.

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  Posted by u/ one year ago

Clash between Gala Games founders sends GALA token crashing

The founders of the blockchain gaming platform Gala Games have locked horns in court. One founder alleges theft of $130 million worth of Gala tokens while the other alleges corporate waste. The GALA token has dipped more than 5% over the last 24 hours. The GALA token is taking a beating after the co-founders biff […]

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  Posted by u/ one year ago

Bitrue partners with Xahau Ledger to drive innovation in the XRPL Ecosystem

Bitrue and Xahau Ledger are collaborating to drive innovation in the XRPL Ecosystem. Xahau Ledger has a cutting-edge smart contract sidechain integrated into the XRPL ecosystem. This partnership signifies a significant leap in innovation and user-centric excellence. Bitrue (BTR/USD) and Xahau Ledger have joined forces with a shared vision to redefine transactions, governance, and user […]

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  Posted by u/ one year ago

Aave price is in trouble as US money market fund yields rise

Aave price has been in a strong bearish trend in the past few months. There are concerns about the American interest rates. Money market funds and CDs have a better yield than Aave. AAVE price has underperformed the market amid rising concerns about the DeFi protocol’s viability in a high-interest rate environment. The token plunged […]

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  Posted by u/ one year ago

LSEG to launch a blockchain-enabled trading platform

LSEG plans on launching a blockchain-based trading platform next year. The financial information company is already in talks with British regulators. Shares of London Stock Exchange Group ended marginally down today. The London Stock Exchange Group PLC just announced plans of launching a blockchain-based trading platform. Julia Hogget will lead the new trading venue On […]

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  Posted by u/ one year ago

Crypto gambling site Stake sees suspicious withdrawals totalling $16M

The withdrawals were flagged by Security firm Cyvers Alerts. The cryptocurrencies involved in the withdrawals include USDT, ETH, DAI, USDC and STAKE. Alphapo, a supplier of payment services to several crypto-gambling sites saw similar erroneous withdrawals on July 23. Security firm Cyvers Alerts has flagged withdrawals from the cryptocurrency gambling Slake platform totalling $16 million […]

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  Posted by u/ one year ago

?TOKYO BEAST? ? A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week

Tokyo, Japan, September 4th, 2023, Chainwire TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter “TOKYO BEAST FZCO”) has announced the crypto entertainment project “TOKYO BEAST, gumi Inc. Headquartered in Shinjuku-ku, Tokyo; Hiroyuki Kawamoto, CEO; (hereinafter “gumi”) as the developer, Turingum K.K., headquartered in Minato-ku, Tokyo; Hiroki Tahara, CEO; (hereinafter “Turingum”) as the […]

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  Posted by u/ one year ago

Grayscale Bitcoin trust discount narrowing, SEC pushed out ETF deadline

Key Takeaways Crypto volatility has picked up in the last two weeks A positive court ruling regarding the conversion of Grayscale’s Bitcoin trust into an ETF propelled markets last week Gains have since been given up as SEC pushed out assessment date for ETF filings After a long period of calm, the crypto markets have […]

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  Posted by u/ one year ago

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report

LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.

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  Posted by u/ one year ago

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing

Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.

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  Posted by u/ one year ago

Binance's Head of Product Departs as Executive Exodus Gathers Steam

Mayur Kamat's departure follows those of Chief Strategy Officer Patrick Hillmann, Senior Director of Investigations Matthew Price, SVP for Compliance Steven Christie and Asia-Pacific Head Leon Foong.

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  Posted by u/ one year ago

Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan

For the SEC to defend its denial of Grayscale?s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.

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  Posted by u/ one year ago

Larry David?s Superbowl Ad Casts Doubt on FTX.US Separation, DOJ Says

Sam Bankman-Fried says the FTX exchange?s bankruptcy isn?t relevant to the October fraud trial

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  Posted by u/ one year ago

Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein

The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.

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  Posted by u/ one year ago

Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend

The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance.

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  Posted by u/ one year ago

What Can DAOs Learn From Partisan Politics?

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Hovers Below $26K; Stellar?s XLM Rallies

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 4, 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

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

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  Posted by u/ one year ago

Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'

Tharman Shanmugaratnam, who has previously called crypto "purely speculative" and "slightly crazy," was officially elected as Singapore's president early Saturday morning.

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  Posted by u/ one year ago

Crypto Casino Stake Targeted in Reported $40M Exploit

The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network.

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  Posted by u/ one year ago

Blockchain Developer Cronos Labs Kicks Off Search for Participants in $100M Accelerator Program

Cronos Labs has also signed up Google Cloud, Amazon Web Services and blockchain security specialists PeckShield and Certik as mentors for the program.

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  Posted by u/ one year ago

Multibillion Dollar Oracle Tool Chronicle To Expand Outside of MakerDAO Ecosystem

Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.

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  Posted by u/ one year ago

15,000 ETH Transferred From Unknown Wallet To GateIO

Key Points: Whale Alert has reported that an unknown wallet has transferred around 15,000 ETH, currently valued at approximately 24,579,443 USD, to the cryptocurrency exchange Gate.io. The identity of the sender and the recipient remains unknown, and the transfer is already generating attention and speculation among the cryptocurrency community. This transfer comes at a time […]

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  Posted by u/ one year ago

Japan Urgently Demands Crypto Tax Reform, Igniting Investor Excitement

The Japanese Financial Services Agency (FSA) has submitted a request to the government to change the law to promote the way cryptocurrency companies are taxed in the country.

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  Posted by u/ one year ago

Elon Musk?s Hidden Support Bolstered Dogecoin Evolution

American biographer Walter Isaacson is set to release a new biography of Elon Musk, the founder of several successful companies including Tesla and SpaceX.

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  Posted by u/ one year ago

Australia Rejects Crypto Regulation Bill 2023 Due To Lack Of Detail

Australia's rejection of the Digital Assets (Market Regulation) Bill 2023 shows cautious approach to crypto regulation, despite increasing adoption and lingering uncertainty.

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  Posted by u/ one year ago

President Of Singapore Criticizes Crypto As Pure Investment Activity

According to CoinDesk, Tharman Shanmugaratnam, Singapore's new president, known for his laissez-faire stance on crypto, might shape policy related to the future of finance.

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  Posted by u/ one year ago

Stake.com Casino Exploit Results In $41.3 Million Crypto Loss

Stake.com casino and sportsbook targeted by exploit resulting in $41.3M loss. Stolen funds were transferred to ETH and other wallets.

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  Posted by u/ one year ago

Multichain Token Surges 125% And Sees 7000% Volume Increase After CEO?s Arrest

Multichain token (MULTI) saw a 125% increase and nearly 7000% transaction volume surge. Trading at $2.15 with recent news of CEO's arrest.

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  Posted by u/ one year ago

Uniswap Whale Deposits 850K UNI Tokens Worth $3.76M Into Binance

A Uniswap whale deposited 850K UNI worth $3.76M into Binance via Wintermute Trading, received 5.44M $UNI ($24M) and has 1.59M UNI ($7M) left.

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  Posted by u/ one year ago

Synapse Token Plummets 25% In Value Following Large Whale Transaction

Synapse token (SYN) dropped 25% after a whale dumped 9M SYN for 2.35M USDC. Transaction volume spiked. Investigation underway.

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  Posted by u/ one year ago

Stake.com Resumes Services Instantly After Losing $41 Million In Cryptocurrency

Stake.com has resumed all services with instant deposits/withdrawals after losing $41M in crypto due to an exploit. Funds were converted to ETH and transferred out.

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  Posted by u/ one year ago

Today in Crypto: Attorney Says Ads Featuring Celebrities Don't Distinguish Between FTX & FTX.US Making Them Evidence, South Korea Set to Freeze North Korean Crypto

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Binance Head of Product Mayur Kamat Steps Down, CZ Pushes Back On FUD As BNB Price On

Binance CEO Changpeng Zhao says Binance is \x9cmuch stronger,\x9d despite the widespread fear, uncertainty and doubt (FUD) and is \x9cway ahead of the game in terms of regulatory compliance.\x9d

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  Posted by u/ one year ago

Cardano?s Transaction Volume up by 1,700% Since January Even as Market Flatlines: Data

Cardano is witnesseing a growth in user engagement and interest in the protocol.

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  Posted by u/ one year ago

Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal

The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities.

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  Posted by u/ one year ago

Crypto Scammers Drained Over $200K From a British Woman (Report)

"Life will never be the same, and I am trying to come to terms that some people can be so ruthless," the Norfolk victim said.

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  Posted by u/ one year ago

Chris Christie is actually gaining support for president. From Democrats.

Chris Christie is actually gaining support for president. From Democrats.

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  Posted by u/ one year ago

Why the White House thinks impeachment may prove risky for Republicans

Why the White House thinks impeachment may prove risky for Republicans

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  Posted by u/ one year ago

New poll finds voters aren't impressed with Biden's record on economy

Joe Biden traveled to Philadelphia on Labor Day to court middle-class voters as new Wall Street Journal poll found his 2024 re-election bid is in danger.

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  Posted by u/ one year ago

Florida judge strikes down DeSantis' redistricting map, calls it unconstitutional

Florida's redistricting plan that Gov. Ron DeSantis supports is unconstitutional and must be redrawn, a state judge has ruled.

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  Posted by u/ one year ago

Country Garden Stock Volume Jumps to Record on Sector Support

Country Garden Stock Volume Jumps to Record on Sector Support

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  Posted by u/ one year ago

Blackstone, Airbnb to Join S&P 500 After Index Rebalancing

Blackstone, Airbnb to Join S&P 500 After Index Rebalancing

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