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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Gemini Outrageously Opposes Genesis? Chapter 11 Bankruptcy Plan

Gemini, along with two other creditor groups, has expressed opposition to the bankruptcy resolution proposal put forth by Genesis, a crypto lender currently undergoing Chapter 11 proceedings.

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  Posted by u/ one year ago

Crypto Whale Makes $46 Million (+804%) In Profit From ETH Transfers

Crypto whale moved 52k ETH ($5.73M) from Kraken in 2018/12-2019/1, then 12k ETH ($20.61M) to Binance today. Transferred 12.7k ETH to Kraken from 2019/7-2021/8 for potential $46.15M profit (+804%).

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  Posted by u/ one year ago

Einhorn?s Greenlight to Reap Big Gains on Black Knight Bet

Einhorn?s Greenlight to Reap Big Gains on Black Knight Bet

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  Posted by u/ one year ago

Slightly higher times: Biden administration moves to loosen weed restrictions

Slightly higher times: Biden administration moves to loosen weed restrictions

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  Posted by u/ one year ago

DeSantis tells Biden: Keep your IRA money

DeSantis tells Biden: Keep your IRA money

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  Posted by u/ one year ago

Rudy Giuliani is liable for defaming Georgia election workers, judge rules

Rudy Giuliani is liable for defaming Georgia election workers, judge rules

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  Posted by u/ one year ago

Blake Masters plans another Arizona Senate bid ? this time for Sinema?s seat

Blake Masters plans another Arizona Senate bid ? this time for Sinema?s seat

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  Posted by u/ one year ago

Rudy Giuliani defamed Georgia election workers: federal judge

A federal judge ruled Rudy Giuliani defamed Georgia election workers Ruby Freeman and Shaye Moss while fighting the results of the 2020 election.

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  Posted by u/ one year ago

Alabama lawmaker David Cole arrested on voter fraud charge

Republican State Rep. David Cole of Madison is accused of fraudulently voting at multiple or unauthorized locations.

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  Posted by u/ one year ago

Gabon Coup Triggers Bond Selloff Sparking Contagion Fears

Gabon Coup Triggers Bond Selloff Sparking Contagion Fears

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  Posted by u/ one year ago

Warren Buffett?s Bet on Mild Florida Storm Season Faces Test With Hurricane Idalia

Warren Buffett?s Bet on Mild Florida Storm Season Faces Test With Hurricane Idalia

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  Posted by u/ one year ago

Stocks Up Again in ?Bad News Is Good News? World: Markets Wrap

Stocks Up Again in ?Bad News Is Good News? World: Markets Wrap

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  Posted by u/ one year ago

N.H. attorney general 'carefully reviewing' arguments that could keep Trump off state's ballot

N.H. attorney general 'carefully reviewing' arguments that could keep Trump off state's ballot

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  Posted by u/ one year ago

Dem Senate plots move amid spending clash with House GOP

Majority Leader Chuck Schumer is tentatively planning to bring up several spending bills for floor votes in mid-September.

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  Posted by u/ one year ago

Should Donald Trump be off the 2024 ballot? A crucial state isn't sure.

Legal questions over whether former President Donald Trump is disqualified from running for president are picking up steam in New Hampshire.

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  Posted by u/ one year ago

Digital Fortress, Part 1: How to safeguard digital assets in Web3

Here?s how Web3 users can protect their digital assets from cyber criminals targeting crypto wallets.

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  Posted by u/ one year ago

Argo Blockchain Successfully Decreases 2022 Debt to $75 Million \x93 Here's the Latest

Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.

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  Posted by u/ one year ago

Crypto Cybersecurity Firm OpenZeppelin Launches Blockchain Security Upgrade 'Defender' Version 2.0

The upgrade will bring end-to-end security at each stage of the development process from coding, auditing, deploying and monitoring blockchain applications.

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  Posted by u/ one year ago

Decred Launches Bison Relay v0.1.8: Revolutionizing E-Commerce with Decentralized 'Shopify'

On August 29th, Decred (DCR/USD) introduced Bison Relay v0.1.8, a game-changing support system for e-commerce platforms that addresses the critical need for decentralization in the digital retail landscape.

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  Posted by u/ one year ago

Binance Delists Banco de Venezuela From P2P Payment Service: What's Going On?

Binance, the largest cryptocurrency exchange has removed Banco de Venezuela as a payment option in its peer-to-peer services in the country.

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  Posted by u/ one year ago

Interlay Launches MVP of BOB, A New Bitcoin Layer 2 Bridge For Cross-Chain Token Transfers to the Bitcoin Network

On August 29, the team behind decentralized Bitcoin infrastructure provider Interlay unveiled the Minimum Viable Product (MVP) of its BOB ('Build on Bitcoin') solution, a new Bitcoin layer 2 network.

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  Posted by u/ one year ago

In a First for NFT Sector, SEC Charges Impact Theory Over Unregistered Securities

Impact Theory's CEO revealed that the company reached a settlement with the SEC.

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  Posted by u/ one year ago

PEPE?s Weekly Losses Exceed 20%, BTC Slips Below $26K (Market Watch)

Aside from PEPE, RUNE and APE are also in the red on a weekly scale.

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  Posted by u/ one year ago

Bitcoin Bears Getting Bolder as Technical Indicators Paint Grim Picture

The neutral to bullish market sentiment for the past few months while Bitcoin was hovering just below $30K has turned bearish following its sharp retreat earlier this month.

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  Posted by u/ one year ago

DCG agrees deal with Genesis that would see recoveries of up to 90%

The estimated USD equivalent recoveries could account for 70% to 90% for Genesis creditors, should the amended plan be carried out.

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  Posted by u/ one year ago

Argo Blockchain cuts 2022 debt by half, down to $75M

Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.

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  Posted by u/ one year ago

Jacobi spot Bitcoin ETF classed as ?environmental investing? by issuer

Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm.

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  Posted by u/ one year ago

Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump

Indian crypto exchanges like CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS.

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  Posted by u/ one year ago

Lower Volatility Means More Time Needed for BTC to Recover Following the Crash to $25K: Bitfinex

Bitcoin crashed to $25,300 two weeks ago, but it could take longer to recover than some assumed.

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  Posted by u/ one year ago

Grayscale?s Victory Over SEC Leaves $80M in Liquidations Within 1 Hour

The BTC liquidations, expectedly, account for over half.

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  Posted by u/ one year ago

Here?s Why The Polkadot Price Is Rising, While Launchpad XYZ Approaches $1.5 Million

Major cryptocurrencies had another weak showing yesterday, highlighted by a modest 0.3% increase in the global crypto market cap. Bitcoin once again fell below the $26K price mark, with experts

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  Posted by u/ one year ago

Grayscale Crypto Asset Management Firm Wins Lawsuit Against SEC

Digital asset management firm, Grayscale wins its highly anticipated case against the Securities and Exchange Commission (SEC) over the latter's rejection of the firm's spot Bitcoin (BTC) ETF application.

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  Posted by u/ one year ago

Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US

The SEC will supposedly decide on Bitwise's application on September 1, while BlackRock, Invesco, WisdomTree, and VanEck will wait until September 2.

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  Posted by u/ one year ago

Researchers develop Crypto Literacy Scale to measure consumer financial awareness

This could help raise cryptocurrency education, insulate consumers against scams, and increase the potential for wealth generation in crypto.

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  Posted by u/ one year ago

Jacobi Spot Bitcoin ETF Gets ESG Label Amid Surging Energy Concerns

Jacobi Asset Management has attached an ESG label to its Jacobi FT Wilshire Bitcoin ETF launched on the European market.

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  Posted by u/ one year ago

SEC's Biased Stance Can Still Challenge Grayscale's ETF Aspirations

Grayscale's legal victory against the SEC signals progress toward an ultimate Bitcoin ETF approval. But, in a conversation with Cryptonews, ETF veteran Matthew Tuttle expresses caution and notes the SEC's unfavorable stance on Bitcoin.

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  Posted by u/ one year ago

Bitcoin's Subtle Dance: Analyzing Weekly Trends and the ETF Wait Game

Bitcoin's value oscillates amid regulatory developments and industry trends. This week's focus is on the potential approval of spot BTC ETFs by the SEC and its impact on Bitcoin's price. Additionally, insights from mining trends and network metrics provide a deeper understanding of Bitcoin's current status and future projections.

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  Posted by u/ one year ago

Elon Musk?s X moves closer to crypto payments with new state license

Regulators from Rhode Island have approved X?s application for a currency transmitter license.

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  Posted by u/ one year ago

Akropolis (AKRO) up 441%: here?s why the crypto is rising

The price of Akropolis (AKRO) cryptocurrency has risen by 441% over the past year. In the past 24 hours, the coin has surged by 30% to trade at $0.0192. Akropolis is one of the best-performing cryptocurrencies in 2023. The native token of Akropolis, a decentralized finance (DeFi) protocol focusing on under-collateralized loans, has been on […]

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  Posted by u/ one year ago

Genesis and DCG reach in-principle agreement to recover creditors? funds

Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is still subject to several handles, but Genesis expects the agreement to be completed in the coming weeks. According to a document submitted on Monday to […]

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  Posted by u/ one year ago

Crypto exchange Binance is considering a full exit from Russia

Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of the world.  The crypto exchange recently revealed that its users in Belgium will access its services via its Poland unit. Binance to exit the Russian market Binance, the world’s leading cryptocurrency exchange by market cap, […]

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  Posted by u/ one year ago

Bitcoin miner Canaan?s mining revenue rose 43% in Q2

Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million, increasing by 33.7% compared to Q1, 2023. Canaan reportedly held 1125 bitcoins as of June 30, 2023. Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported […]

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  Posted by u/ one year ago

Digital asset investment products record largest outflows since March

Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a report by CoinShares. CoinShares’ latest weekly report on digital asset investment flows shows that the market witnessed its largest funds outflows in nearly six months […]

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  Posted by u/ one year ago

Quantwise Eyes to Lead the World of AI-Powered Crypto and Forex Trading

The integration of Artificial Intelligence (AI) into trading has opened up new horizons, offering unprecedented insights and strategies. Quantwise is leading the way in this transformation, providing AI-powered tools for both crypto and Forex trading. CryptoGPT: Your AI-Powered Crypto Guide Quantwise’s CryptoGPT is an AI-driven tool that analyzes the crypto market in real-time. By identifying […]

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  Posted by u/ one year ago

Grayscale secures a big win against SEC in Bitcoin ETF case

U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following the news. The U.S. Court of Appeals for the DC Circuit just ruled in favour of Grayscale in its long-running lawsuit against the Securities & […]

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  Posted by u/ one year ago

BREAKING: Bitcoin hits $28k after Grayscale win against SEC

Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin price saw a huge spike in volatility on Tuesday afternoon as prices across the crypto market rose. The world’s largest cryptocurrency by market cap jumped […]

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  Posted by u/ one year ago

6 Questions for Leila Ismailova: Digital fashion and life after Artisant

Leila Ismailova left Belarus ? and an epic TV career ? behind when she moved to America. Today, she?s at the forefront of digital fashion.

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  Posted by u/ one year ago

Protocol Village: Casper Blockchain Upgrade Allows for Debugging of Live Smart Contracts

The latest in blockchain tech upgrades and announcements.

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  Posted by u/ one year ago

All of Sam Bankman-Fried's Proposed Expert Witnesses Should Be Barred From Testifying: DOJ

All of FTX founder?s Sam Bankman-Fried?s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing. The defense team moved to bar one of the prosecution's proposed witnesses as well.

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  Posted by u/ one year ago

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday.

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