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   Business News    Business News   Business News

  Posted by u/ one year ago

Lessons of a $37M Attack: How a Ukrainian Payment Processor Was Hacked

CoinsPaid, a crypto payment processing company with Ukrainian roots, fell a victim to a social engineering attack, thought to have emanated from Lazarus, a North Korean hacking group.

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  Posted by u/ one year ago

Crypto Market Leaders and Laggards: The Biggest Movers of the Week

Stellar (XLM), XRP (XRP) and Shiba Inu (SHIB) were notable winners from the last week, while Curve Finance (CRV) and Augur (REP) struggled. The market is down overall, according to CoinDesk Market Index, but only marginally compared to recent growth.

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  Posted by u/ one year ago

Desperately Seeking Crypto?s Killer App

When you take away the speculation, what Web3 services actually deliver utility for users?

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  Posted by u/ one year ago

Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg

It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.

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  Posted by u/ one year ago

Marathon Digital Misses Q2 Earnings and Revenue Estimates

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  Posted by u/ one year ago

Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution

The Ethereum-based crypto trading protocol will shut down and distribute its treasury to investors.

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  Posted by u/ one year ago

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

The U.S. Federal Reserve is starting a new program for overseeing banks? crypto activity, and it further clarified its requirement that the lenders under its authority get approval before engaging in digital assets activities.

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  Posted by u/ one year ago

Private Equity Giant David Rubenstein Makes the Case for Bitcoin

Billionaire private equity titan David Rubenstein believes Bitcoin (BTC) is here to stay thanks to growing institutional interest as evidenced by BlackRock?s application for a spot bitcoin ETF as well as general global demand for a form of money that can?t be controlled by governments.

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  Posted by u/ one year ago

Crypto News Today: Bitcoin's Rally Toward $30K, PayPal's Stablecoin Fakes, and More

As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.

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  Posted by u/ one year ago

Coinbase Exec: ?There?s No Playbook? for Public Company Launching Blockchain

As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who?s leading the effort. Here?s an excerpted version.

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  Posted by u/ one year ago

First Mover Asia: First $30K, Then $40K, but Bitcoin Needs Volatility First

The world?s largest digital asset is rangebound, but so far this year, bitcoin is beating the returns most digital asset funds are posting.

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  Posted by u/ one year ago

Saddle Finance, Criticized Project Copy Curve, Proposed Deactivation

Saddle Finance is moving to decommission and distribute its treasury to investors.

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  Posted by u/ one year ago

China?s CPI Plunges to -0.3%, Triggering Deflation Concerns

China's economic landscape witnessed a significant shift in July as the National Bureau of Statistics revealed a surprising twist in the Consumer Price Index (CPI) data.

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  Posted by u/ one year ago

Binance Expands with FDUSD & Enhanced Trading Pairs, Aug 09

Key Points: Binance has unveiled exciting updates for its Cross Margin and Isolated Margin platforms. The addition of FDUSD, a new borrowable asset, marks a significant expansion of Binance’s margin offerings. This move is set to provide users with increased flexibility and enhanced trading opportunities. The newly introduced Cross Margin pairs include BTC/FDUSD, ETH/FDUSD, FDUSD/USDT, […]

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  Posted by u/ one year ago

Blockchain Capital X Hack Exposes Scam: Investors Beware Of BCAP Token Giveaway Trap

Crypto venture capital firm Blockchain Capital's X account was compromised in a scam operation.

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  Posted by u/ one year ago

Elon Musk Again Asks To Stop The Class Action Lawsuit Over Dogecoin Insider Trading

Attorney Alex Shapiro of Tesla CEO Elon Musk has requested the dismissal of the class action lawsuit over Dogecoin insider trading.

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  Posted by u/ one year ago

MakerDAO Founder Aims to Decrease Enhanced Dai Savings Rate

Key Points: The founder of MakerDAO has put forth a significant proposal aimed at altering the Enhanced Dai Savings Rate. The proposal would see a reduction in the rate from the current 8% to a new rate of 5%, signaling a potentially impactful shift in the dynamics of the platform. The Enhanced Dai Savings Rate […]

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  Posted by u/ one year ago

The Number Of zkSync Bridging Transaction Users Exceeds 2 Million

Dune Analytics revealed that zkSync Era has seen a significant increase in the number of bridge users since when released so far is 2,003,863.

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  Posted by u/ one year ago

Marathon Digital Shrinks Losses In Q2 With Growth Prospects

Marathon Digital's Q2 losses shrank significantly as Bitcoin sales surged after the price recovery.

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  Posted by u/ one year ago

Phantom Beta Empowers Magic Eden, OpenSea With Auto Confirmation

Key Points: Phantom crypto wallet has taken a leap forward by introducing a trial version of its innovative “automatic confirmation function,” revolutionizing the trading experience. This pioneering feature is now open for testing across six reputable protocols, namely Magic Eden, OpenSea, Tensor, Matcha, Jupiter, and Star Atlas. The introduction of this unique feature puts enhanced […]

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  Posted by u/ one year ago

China Promotes Blockchain Technology Development For Stock Market Application

China sees strides in using blockchain for regional equity markets, enhancing supervision and innovation.

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  Posted by u/ one year ago

Russian Banks Say Citizens Are 'Wary' of CBDC Plans \x93 Digital Ruble Faces Roadblock?

Russia's biggest banking association has demanded clarification on Moscow's CBDC plans, and says citizens are \x9cwary\x9d of the digital ruble.

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  Posted by u/ one year ago

XRP20 Presale Raises $1.1m with Less Than 50% of Tokens Now Remaining ? Could It Pump Higher Than XRP?

The recently launched XRP20 ($XRP20) presale has now raised over $1.1 million, with less than 50% of the allotted tokens remaining for purchase. Branded as ?the next evolution of XRP,?

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  Posted by u/ one year ago

Monetary Authority of Singapore Grants Payment License to Crypto Exchange Blockchain.com

Blockchain.com received an in-principal approval from the Singapore central bank in September 2022.

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  Posted by u/ one year ago

Binance Labs Maintains Dominance in Crypto Funding Despite Regulatory Challenges

Binance Labs, the venture capital arm ofÂ\xa0Binance, remains an active investor in the crypto space despite its parent company facing regulatory challenges and potential fraud charges.

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  Posted by u/ one year ago

Why Are SHIB Whales Accumulating Trillions of Shiba Inu Tokens Now?

Shiba Inu whales are on the move. Here's one possible reason why.

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  Posted by u/ one year ago

Today in Crypto: Binance Becomes First Fully Licensed Exchange in El Salvador, Coinbase Offers to Buy Back Up to $150 Million of Its $1 Billion Bonds, Bitstamp in Talks to Raise Fresh Funding, Brazilian CBDC Gets Its Official Name and Logo

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

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  Posted by u/ one year ago

Bitsamp Not For Sale: Exec Confirms Fundraise Plans for International Expansion

Bitstamp is currently and exclusively prioritiizing raising through strategic investors to accelerate its operations.

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  Posted by u/ one year ago

Can Cardano whales stop ADA price from falling 20%?

The number of Cardano's richest investors holding ADA has surged to its highest level in almost a year.

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  Posted by u/ one year ago

Cypher Protocol Exploited, Will the Hacker Return the Funds? Details

The team has paused operations until the million-dollar exploit can be patched.

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  Posted by u/ one year ago

Circle?s Jeremy Allaire Estimates Majority of USDC Adoption Originates Beyond US Borders

Circle is directing its attention to international markets where there is a rising trend in adoption.

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  Posted by u/ one year ago

SEC-Ripple Ruling a 'Silver Lining' for South Korean Prosecutors in Do Kwon Case

The XRP trial ruling may reportedly negatively impact South Korean prosecutors' bid to convict Do Kwon and Terraform Labs of fraud and securities violations, but officials claim otherwise.

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  Posted by u/ one year ago

Software Maker Alteryx?s 23% Drop Prompts Bullish Options Bets

Software Maker Alteryx?s 23% Drop Prompts Bullish Options Bets

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  Posted by u/ one year ago

Asia Shares Muted on China Deflation; Yuan Rallies: Markets Wrap

Asia Shares Muted on China Deflation; Yuan Rallies: Markets Wrap

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  Posted by u/ one year ago

Stocks Finish Well Off Lows as Dip Buyers Step In: Markets Wrap

Stocks Finish Well Off Lows as Dip Buyers Step In: Markets Wrap

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  Posted by u/ one year ago

Special counsel still scrutinizing finances of Trump?s PAC

Special counsel still scrutinizing finances of Trump?s PAC

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  Posted by u/ one year ago

A Simple Law Is Doing the Impossible. It's Making the Online Porn Industry Retreat.

A Simple Law Is Doing the Impossible. It's Making the Online Porn Industry Retreat.

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  Posted by u/ one year ago

DeSantis replaces campaign manager as he struggles to catch up to Trump

DeSantis replaces campaign manager as he struggles to catch up to Trump

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  Posted by u/ one year ago

Biden to reinstate wage rule shelved by Reagan, boosting some workers' pay

Most significant update to federal labor rule in 40 years could put thousands of extra dollars every year in construction workers' pockets.

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  Posted by u/ one year ago

Voters reject Issue 1 in Ohio special election, scoring win for abortion rights supporters

Ohio voters rejected a ballot measure in Tuesday's special election that would have made it more difficult to change the state's constitution

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  Posted by u/ one year ago

Supreme Court allows Biden's tougher rules on 'ghost guns'

Gun control advocates see the 'ghost guns' kits as a dangerous loophole and point out that police frequently find the weapons at crime scenes.

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  Posted by u/ one year ago

Ex-Trump lawyer who tried to overturn election says he could face charges

John Eastman, the attorney who masterminded a legal strategy to attempt to overturn the 2020 election, is seeking to delay his disbarment proceedings.

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  Posted by u/ one year ago

Chris Christie blames war in Ukraine on Obama, Trump and Biden

2024 Republican presidential hopeful Chris Christie took shots at Barack Obama, Donald Trump and Joe Biden, blaming them for the war in Ukraine.

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  Posted by u/ one year ago

Trump targets his indictments during pitch to veterans in New Hampshire

During a prepared speech on veterans health care, Trump found time for screeds about his indictments that are coming under legal scrutiny.

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  Posted by u/ one year ago

Ohio measure that turned into proxy war over abortion rejected by voters

Ohio voters reject Issue 1 which would have required 60% of the vote to enact new constitutional amendments.

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  Posted by u/ one year ago

Foreigners Flee Saudi Stocks as Growth Worries Interrupt Rally

Foreigners Flee Saudi Stocks as Growth Worries Interrupt Rally

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  Posted by u/ one year ago

Italy?s New Tax Wipes Out $10 Billion From Market Value of Banks

Italy?s New Tax Wipes Out $10 Billion From Market Value of Banks

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  Posted by u/ one year ago

Stocks Drop as Bank, Economic Worries Lift Bonds: Markets Wrap

Stocks Drop as Bank, Economic Worries Lift Bonds: Markets Wrap

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  Posted by u/ one year ago

The impeachment effort losing steam in the House GOP

The impeachment effort losing steam in the House GOP

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  Posted by u/ one year ago

Canada's tech tax threat risks sinking Biden's global tax plan

Canada's tech tax threat risks sinking Biden's global tax plan

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