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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Mantle Introduces New Governing Body for Treasury Management

The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

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  Posted by u/ one year ago

I Have 1M Questions About the PayPal Stablecoin. Here Are 5

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  Posted by u/ one year ago

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'

An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to ?hallucinate? like the more popular (and generalist) ChatGPT.

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  Posted by u/ one year ago

Aptos? APT Token Slides Ahead of $30M Unlock

APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.

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  Posted by u/ one year ago

Crypto?s Path Forward Could Follow the Financial World's Departure From LIBOR

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  Posted by u/ one year ago

Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More

From PayPal's entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.

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  Posted by u/ one year ago

Two Months in El Salvador: The Ground Game for Bitcoin Adoption

A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it?

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  Posted by u/ one year ago

PayPal?s Regulated Stablecoin Is a ?Watershed Moment? in Crypto Space, Says Partner Paxos

?The difference is significant because we have a prudential regulator,? said Paxos head of strategy Walter Hessert.

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  Posted by u/ one year ago

Crypto Exchange Mango?s Legal Bills Swell, a Year After Alleged $116M Heist

First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies.

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  Posted by u/ one year ago

Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract

The protocol?s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds.

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  Posted by u/ one year ago

First Mover Asia: What Will It Take to Get Bitcoin to $30K?

The world?s largest digital asset isn?t budging and it'll take regulatory clarity to push past $30,000.

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  Posted by u/ one year ago

Crypto Exchange Bitstamp In Negotiations To Expand To Europe In Early 2024

Bitstamp Global CEO Jean-Baptiste Graftieaux said they are currently in talks to raise new capital to expand the market and increase operations.

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  Posted by u/ one year ago

Steadefi Strategic Leveraged Vault Mine Was Mined $1.1 Million, All Funds At Risk

The Steadefi strategic leverage project was attacked with an estimated $1.1 million in damage.

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  Posted by u/ one year ago

New Stablecoin Contract PYUSD By PayPal Issued 26.9M Coins

Paxos announced the contract address of PayPal's US dollar stablecoin PYUSD, 26.9 million coins issued.

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  Posted by u/ one year ago

Circle CEO: 70% USDC Adoption Outside US, PYUSD Is Regulatory Good Signal

According to Circle CEO, 70% of Circle's USDC adoption is being done outside the US and is particularly popular in Asia, Latin America, and Africa.

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  Posted by u/ one year ago

SEC May Approve Multiple Bitcoin ETFs Worth $50B At The Same Time: ARK Invest CEO

Cathie Wood predicts a delay for ARK Invest's Bitcoin ETF approval, cites potential SEC simultaneous approvals.

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  Posted by u/ one year ago

PayPal Stablecoin PYUSD May Be Freeze by Paxos If It Has A Serious Security Threat

PayPal's PYUSD employs advanced security, allowing Paxos to halt functions during threats and legally freeze criminal assets.

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  Posted by u/ one year ago

Justin Sun Moves $200M USDT to Huobi, Reserves Skyrocket

A notable transaction involving the wallet address linked to blockchain entrepreneur Justin Sun (TT2T17KZhoDu47i2E4FWxfG79zdkEWkU9N) has stirred attention in the cryptocurrency community.

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  Posted by u/ one year ago

JustLendDAO?s 200M Transfer Raises Justin Sun Connection

Whale Alert has reported a hefty transfer of 200 million USDT from JustLendDAO to an unfamiliar address, igniting speculation within the crypto community.

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  Posted by u/ one year ago

Bitdeer?s Bhutan Mining Facility Completed, Achieving Remarkable Growth In Bitcoin Operations

Bitdeer Technologies has achieved a significant milestone by completing the construction of its mining facility in Bhutan.

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  Posted by u/ one year ago

Brazil?s Central Bank Reveals ?DREX? Digital Currency Plans for 2024

Central Bank of Brazil announced its forthcoming digital currency, named 'DREX'.

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  Posted by u/ one year ago

China Minsheng Bank, JD.com Unveil Digital Yuan Collaboration

China's Minsheng Bank has announced it is teaming up with the CBDC-keen e-commerce giant JD.com to launch a digital CNY-powered payment service.

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  Posted by u/ one year ago

Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected

OPNX, a digital asset exchange created by the founders of failed hedge fundÂ\xa0Three Arrows Capital, has proposed a takeover of the struggling crypto lenderÂ\xa0Hodlnaut.

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  Posted by u/ one year ago

BitGet Crypto Exchange Secures Comedian Adam Devine as Brand Ambassador \x93Â\xa0Crypto Partnerships Making a Comeback?

Bitget announced a one-year partnership with American actor and comedian Adam Devine.

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  Posted by u/ one year ago

Pepe Price Down Over 10%, But New Cowabunga Meme Coin is Pumping

The crypto market continues to batter Pepe ($PEPE), with the token?s price down over 10% in the past week and closing lower for five straight days. $PEPE holders have watched

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  Posted by u/ one year ago

Justin Sun Rejects Huobi?s Insolvency Rumors, Says the Exchange Will ?Thrive?

"Tron and Huobi will thrive through continuous development," Sun predicted.

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  Posted by u/ one year ago

Eyeball Scanning Crypto Project Worldcoin Warehouse Raided by Kenyan Police

Kenyan authorities suspended the local activities of the cryptocurrency project Worldcoin last week, ordering it to stop collecting data from Kenyans.

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  Posted by u/ one year ago

Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve Finance Offers a $1.85 Million Bounty to Identify & Convict the Hacker

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

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  Posted by u/ one year ago

Shiba Inu Price Slips Over 6% as Major Coins Struggle, But These New Tokens Are Defying the Bear Market

Several top meme coins have dropped significantly over the weekend, with Shiba Inu one of the worst affected, down 4.69% in 24 hours. Other high-value meme coins are also down

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  Posted by u/ one year ago

PayPal Launches USD Stablecoin For Payments and Transfers

For now, users can only use PYUSD for crypto and web3-related activities, such as in-game payments and exchanges with other crypto assets.

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  Posted by u/ one year ago

Belarus Prepares to Launch 'Cross-Border' CBDC \x93 Russia's Digital Ruble an Inspiration?

Belarus is set to follow suit with Russia's CBDC development plans \x93 and plans to launch a digital version of the Belarusian ruble for use in \x9ccross-border\x9d payments.

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  Posted by u/ one year ago

Here is How Much Curve Finance Has Recovered From Its $70M+ Hack\xa0

Since the deadline has passed, Curve has extended a 10% bounty for the remaining funds to the public as promised.

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  Posted by u/ one year ago

Buffett?s Berkshire Rallies to Record High on Earnings Beat

Buffett?s Berkshire Rallies to Record High on Earnings Beat

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  Posted by u/ one year ago

Futures Edge Down After China Data; Dollar Gains: Markets Wrap

Futures Edge Down After China Data; Dollar Gains: Markets Wrap

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  Posted by u/ one year ago

Stocks Snap Back After Four-Day Slide; Bonds Fall: Markets Wrap

Stocks Snap Back After Four-Day Slide; Bonds Fall: Markets Wrap

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  Posted by u/ one year ago

How Donald Trump?s many legal troubles are all starting to intersect

How Donald Trump?s many legal troubles are all starting to intersect

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  Posted by u/ one year ago

Trump and his new lawyer are not on the same page about judge?s recusal

Trump and his new lawyer are not on the same page about judge?s recusal

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  Posted by u/ one year ago

DeSantis says Trump lost the 2020 election after dodging question

Florida Gov. Ron DeSantis acknowledged that former President Donald Trump lost the 2020 presidential election, after long dancing around the question.

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  Posted by u/ one year ago

Grand Canyon activists hope Biden will create new monument to stave off mining

President Biden is expected to tout federal investments in climate resiliency when he visits Arizona. Some hope he'll also announce a new monument.

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  Posted by u/ one year ago

Donald Trump's defamation lawsuit against E. Jean Carroll dismissed

A judge dismissed a lawsuit that former President Donald Trump brought against E. Jean Carroll, after Trump was found liable of sexually abusing her.

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  Posted by u/ one year ago

Biden's debt relief for defrauded students blocked in federal court

The Fifth Circuit Court of Appeals has agreed to an injunction from Texas schools barring the administration from borrower defense to repayment efforts.

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  Posted by u/ one year ago

Trump again lashes out at judge, prosecutor in Jan. 6 election fraud case

The former president again goes on the offensive, signaling he won't stop discussing Jan. 6 election fraud case or attacking the judge and prosecutor.

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  Posted by u/ one year ago

Biden, honoring Houston Astros, jokes about being told he's past prime

"People counted you out, saying you were past your prime." Biden told Houston Astros manager Dusty Baker. "Hell, I know something about that."

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  Posted by u/ one year ago

China Health-Care Shares Plunge as Anti-Graft Campaign Widens

China Health-Care Shares Plunge as Anti-Graft Campaign Widens

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  Posted by u/ one year ago

Lowest-Rated FTSE 100 Stock Defies Gravity With Slew of Buybacks

Lowest-Rated FTSE 100 Stock Defies Gravity With Slew of Buybacks

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  Posted by u/ one year ago

Morgan Stanley?s Wilson Says Fiscal Policy a Risk for Stocks

Morgan Stanley?s Wilson Says Fiscal Policy a Risk for Stocks

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  Posted by u/ one year ago

Rolls-Royce Is Free of Sell Ratings for First Time in 17 Years

Rolls-Royce Is Free of Sell Ratings for First Time in 17 Years

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  Posted by u/ one year ago

Chinese Semiconductor Maker Hua Hong Rises in Shanghai Debut

Chinese Semiconductor Maker Hua Hong Rises in Shanghai Debut

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  Posted by u/ one year ago

Treasuries Decline on Fedspeak; Stocks Post Gains: Market Wrap

Treasuries Decline on Fedspeak; Stocks Post Gains: Market Wrap

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  Posted by u/ one year ago

Trump taunts defeated U.S. women's national team

Trump taunts defeated U.S. women's national team

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