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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Binance Has Cut 1,000 Workers in Recent Weeks: WSJ

Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.

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  Posted by u/ one year ago

Hollywood?s Angry Creators Show Why Web3 Is Needed

Web2 economics don?t work for artists and writers, says CoinDesk's Michael Casey.

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  Posted by u/ one year ago

Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil

?Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,? Fir Tree said.

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  Posted by u/ one year ago

XRP Trading Volume Surges 1,351% as Major Crypto Exchanges Embrace the Token

The spike in trading activity came after a partial win in a lawsuit against the SEC.

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  Posted by u/ one year ago

Ripple?s XRP Ruling a ?Milestone Win? for Crypto Industry, Says J.P. Morgan

A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn?t represent a security, J.P. Morgan wrote in a research note Friday.

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  Posted by u/ one year ago

Is the Metaverse a 'Global Panopticon'?

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  Posted by u/ one year ago

What Ripple?s Partial XRP Win Means for Other Crypto Firms Fighting SEC

Coinbase and Binance have a new precedent to cite in court ? if the decision survives potential appeal. That?s no sure thing, lawyers said.

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  Posted by u/ one year ago

Ripple's Legal Win Means It's Time for Crypto to Stand Up to the SEC

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  Posted by u/ one year ago

Bitcoin Tumbles Below $30K, Crypto Prices Buckle After Altcoin Frenzy on XRP Ruling

Ripple's XRP was down 25% from its highest levels on Thursday.

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  Posted by u/ one year ago

DeFi Lender MarginFi Fuels Growth With Loyalty Points, Spurring Talk of ?Solana Renaissance?

MarginFi has doubled its user base in two weeks after unveiling a loyalty points program that some believe will lead to a token airdrop.

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  Posted by u/ one year ago

Could the Ripple Ruling Spell the End of Regulation by Enforcement?

A long-awaited district judge?s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo.

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  Posted by u/ one year ago

Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

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  Posted by u/ one year ago

Synthetix Launches Infinex, Decentralized Trading Platform Aiming To Challenge CEXs

Synthetix introduces Infinex, a decentralized perpetual contract trading platform to compete directly with centralized exchanges.

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  Posted by u/ one year ago

Haru Invest Faces Challenge In Asset Recovery, Considers Compensation Plans

Haru Invest faces challenges in recovering assets from B&S Holdings, considering internal assets for compensation.

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  Posted by u/ one year ago

BlackRock CEO Larry Fink Makes Bold Prediction For Cryptocurrencies? Global Rise

BlackRock CEO Larry Fink recently shared his positive outlook on cryptocurrencies during an appearance on CNBC.

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  Posted by u/ one year ago

SEC Now Acknowledges BlackRock And Prominent Institutions For Bitcoin ETF

US SEC acknowledges Bitcoin ETF applications from BlackRock, Fidelity, WisdomTree, VanEck, and Invesco, initiating the review process.

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  Posted by u/ one year ago

Shiba Inu (SHIB) Burning Rate Surges By 2000% Amid XRP Boost

In a significant development, the burning rate of Shiba Inu (SHIB) has witnessed a staggering increase of 2057.94%, according to Shibburn.

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  Posted by u/ one year ago

Co:Create Launches Web3 Loyalty App On Shopify, Powered By Polygon

Co:Create, a web3 infrastructure company, has introduced an innovative application on Shopify, enabling millions of businesses to integrate blockchain-based loyalty and rewards programs. 

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  Posted by u/ one year ago

Binance Has Fired Over 1,000 People In Recent Weeks: Report

Binance has fired more than 1,000 people employees worldwide in recent weeks.

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  Posted by u/ one year ago

BlockFi Failure Due To Neglect Risks Of Intimate Exposure To FTX And Alameda

BlockFi's demise stemmed from the company leaders ignoring warnings about potential risks associated with FTX and Alameda Research.

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  Posted by u/ one year ago

Fantom Foundation Freezes $60M USDC and $2M USDT In Multichain Wallet

Fantom has verified that approximately over $60M USDC and over $2M USDT have been frozen and are in the process of identifying other affected assets.

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  Posted by u/ one year ago

Coinbase Suspends Staking Services In Some Locations Eager SEC Lawsuits

Coinbase has officially written that, on June 6, 10 US states initiated lawsuits related to Coinbase's retail mortgage service.

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  Posted by u/ one year ago

Rally-Chasing Day Traders Now Dominate Market for Call Options

Rally-Chasing Day Traders Now Dominate Market for Call Options

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  Posted by u/ one year ago

Merger-Arbitrage Funds See Tide Turning After FTC?s Microsoft-Activision Loss

Merger-Arbitrage Funds See Tide Turning After FTC?s Microsoft-Activision Loss

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  Posted by u/ one year ago

Treasury Euphoria Dwindles After Hot Economic Data: Markets Wrap

Treasury Euphoria Dwindles After Hot Economic Data: Markets Wrap

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  Posted by u/ one year ago

The House just passed a defense bill with controversial abortion, LGBTQ measures. It doesn't stand a chance in the Senate.

The House just passed a defense bill with controversial abortion, LGBTQ measures. It doesn't stand a chance in the Senate.

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  Posted by u/ one year ago

Biden?s China diplomacy spree hits GOP?s great wall of scorn

Biden tries to convince China hawks, and Beijing, that talking about talking is worth it.

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  Posted by u/ one year ago

GOP amendments to defense bill under fire

House Republicans touted the amendments added to the National Defense Authorization Act, but Democrats had a completely different reaction.

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  Posted by u/ one year ago

Most abortions now banned in Iowa after 'fetal heartbeat' law signed

The law, which takes effect immediately, prohibits nearly all abortions in Iowa after doctors detect cardiac activity in the embryo, around 6 weeks.

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  Posted by u/ one year ago

Big Bond Rally Hits a Wall After Hot Economic Data: Markets Wrap

Big Bond Rally Hits a Wall After Hot Economic Data: Markets Wrap

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  Posted by u/ one year ago

An airline fight over serving Congress' pet airport could torpedo major aviation bill

An airline fight over serving Congress' pet airport could torpedo major aviation bill

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  Posted by u/ one year ago

Schumer's weed plan hits bipartisan resistance

Clashes between Democrats and Republicans over language changes and cosponsors threatens to yet again stall the legislation.

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  Posted by u/ one year ago

NDAA debate gets heated in Congress

House members debated amendments introduced by GOP members that target abortion rights, DEI programs and transgender care for military members.

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  Posted by u/ one year ago

House passes controversial Defense bill after clashes over 'wokeism'

House Republicans passed the National Defense Authorization Act after GOP leadership made several concessions to the right flank of the party.

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  Posted by u/ one year ago

Biden doubles Trump with $72 million second-quarter fundraising haul

President Joe Biden's $72 million second-quarter fundraising haul doubled the $35 million raised by Donald Trump over the same period.

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  Posted by u/ one year ago

Biden orders 3,000 reservists to be ready for Europe deployments

Biden orders 3,000 reservists to be ready for Europe deployments

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  Posted by u/ one year ago

Trump loses Iowa endorser days after attacking the state?s governor

Trump loses Iowa endorser days after attacking the state?s governor

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  Posted by u/ one year ago

McCarthy confronts bleak reality as conservatives undercut GOP agenda

McCarthy confronts bleak reality as conservatives undercut GOP agenda

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  Posted by u/ one year ago

House GOP spars with FBI chief on Hunter Biden, Jan. 6 and more

House GOP spars with FBI chief on Hunter Biden, Jan. 6 and more

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  Posted by u/ one year ago

The Tuberville military blockade is Republicans? mess to solve, Biden says

The Tuberville military blockade is Republicans? mess to solve, Biden says

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  Posted by u/ one year ago

Nick Begich challenging Peltola for House seat in Alaska

Nick Begich challenging Peltola for House seat in Alaska

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  Posted by u/ one year ago

Manchin opposes Julie Su for Labor secretary, jeopardizing nomination

Manchin opposes Julie Su for Labor secretary, jeopardizing nomination

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  Posted by u/ one year ago

A fight over Congress? pet airport becomes a Beltway sport

A fight over Congress? pet airport becomes a Beltway sport

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  Posted by u/ one year ago

Weed banking hits new snags

Clashes between Democrats and Republicans over language changes and cosponsors threatens to yet again stall the legislation.

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  Posted by u/ one year ago

Intelligence Report Says Safety Training at Chinese Government Lab Complex in Wuhan Before the Pandemic Appears Routine

The view of the intelligence community contrasts with a 2022 report by the Republican oversight staff of a Senate committee that saw the training as a response to a biosafety problem.

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  Posted by u/ one year ago

Right-Wing Websites Connected to Former Trump Lawyer Are Scamming Loyal Followers With Phony Celebrity Pitches

A mysterious network called AdStyle is placing ads with fake endorsements from celebrities like Oprah Winfrey and Elon Musk on conservative sites based in the U.S. and abroad.

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  Posted by u/ one year ago

How LA Failed to Stop Landlords From Turning Low-Cost Housing Into Tourist Hotels

Fifteen years ago Los Angeles passed a law to preserve residential hotels as housing of last resort. Now, amid the homelessness crisis, Capital & Main and ProPublica found some hotels may be violating that law.

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  Posted by u/ one year ago

Problems With Abuse, Cover-Ups at Choate Extend Statewide

Prompted by an outcry over abuse, Illinois proposed moving residents from Choate Mental Health and Developmental Center to similar facilities in the state. New reporting shows the problems at Choate are common throughout the statewide system.

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  Posted by u/ one year ago

Illinois Leaves Three Administrators in Charge at Choate Despite Troubled History of Resident Care

A new state watchdog report calls for a ?fundamental overhaul? at Choate Mental Health and Developmental Center. But the state kept on administrators who were in charge during some of the facility?s most troubled years.

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  Posted by u/ one year ago

Iowa Legislature passes bill banning most abortions after about 6 weeks; governor to sign Friday

The 'fetal heartbeat' bill banning most Iowa abortions after six weeks will go into effect immediately after being signed into law.

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