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   Business News    Financial News   Financial News

  Posted by u/ 8 months ago

Taraxa Launches $10 Million Grant Program for its blockDAG Ecosystem

Panama City, Panama, February 5th, 2024, Chainwire The Taraxa Protocol Foundation has launched a $10 million Grant Program to drive growth in Taraxa’s unique EVM-compatible blockDAG Layer-1 ecosystem, after an overwhelmingly successful on-chain governance approval. The Taraxa Grant Program is open to any individual, team, and organizations of any type. Funds will be granted specifically […]

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  Posted by u/ 8 months ago

Reunit Wallet Launches Reward Program: Trade To Earn

London, United Kingdom, February 5th, 2024, Chainwire Reunit Wallet, an omnichain wallet built on technology developed by LayerZero & Stargate Finance, is launching a volume-based reward program. In an effort to stimulate trading activity on its integrated platform and attract new users, Reunit Wallet is implementing a reward system for traders. Starting now, for every […]

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  Posted by u/ 8 months ago

Tether leads $25M round for crypto payments firm Oobit

Tether led the $25 million Series A round for crypto payments firm Oobit. Solana co-founder Anatoly Yakovenko also backed the platform’s investment round. Oobit, a mobile payments firm that allows users to pay with crypto, has raised $25 million in its Series A funding round.  Stablecoin issuer Tether led the crypto platform’s funding round, which […]

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  Posted by u/ 8 months ago

Crypto fear and greed index retreats as BitBot token sale thrives

The crypto fear and greed index has pulled back in the past few weeks. This happened as Bitcoin and other altcoins moved sideways. BitBot has continued to do well in the past few months. The crypto fear and greed index continued to retreat this week after a major warning from Jerome Powell and Raphael Bostic. […]

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  Posted by u/ 8 months ago

Polygon (MATIC) hovers near key level ahead of Etrog upgrade

Polygon (MATIC) traded near $0.78 on Monday as the Ethereum scaling solution moved closer to its Etrog upgrade. MATIC could breakout to above $1 if bulls hold key level, or likely retest the important support zone at $0.5. Polygon (MATIC) price was trading near $0.78 on Monday as the Ethereum scaling solution moved closer to […]

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  Posted by u/ 8 months ago

Heroes of Mavia Surpasses 1 Million Downloads, Dominates Global App Store Rankings Before Token Launch

Hanoi, Vietnam, February 5th, 2024, Chainwire Heroes of Mavia, the highly anticipated AAA mobile strategy game, has quickly stood out as a unifying force for Web3 and Web2 gamers alike, surpassing over 1 million downloads on Android and iOS. This impressive milestone underlines the game’s widespread appeal, combining engaging strategic gameplay with the innovative elements […]

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  Posted by u/ 8 months ago

Lista DAO Unveils Cosmic Adventure Challenge and Rebrand in Strategic Push

Singapore, Singapore, February 6th, 2024, Chainwire Lista DAO, a key player in Decentralized Finance (DeFi) with a specialization in Collateralized Debt Position (CDP) and Liquid Staking, is set to captivate the cryptocurrency community through the unveiling of its Cosmic Adventure Challenge (CAC) and the introduction of lisBNB. The CAC promises an immersive and rewarding experience, […]

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  Posted by u/ 8 months ago

Donald Trump Calls CBDCs and Artificial Intelligence 'Dangerous'

The Republican frontrunner also said that AI-powered deepfakes were a "tremendous problem."

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  Posted by u/ 8 months ago

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

Nearly $1.4 billion of Genesis? assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

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  Posted by u/ 8 months ago

South Korean Regulator to Discuss Spot Bitcoin ETF With U.S. SEC: Report

In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting with the U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulation.

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  Posted by u/ 8 months ago

Apparent 'Insiders? Make Millions After Grabbing Ethereum Version of Dogwifhat

The Ethereum version of dogwifhat pumped, then dumped, within hours on Saturday, but blockchain data shows a few wallets picked up a large chunk of the supply after it was issued.

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  Posted by u/ 8 months ago

Stablecoin Tether?s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says

Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.

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  Posted by u/ 8 months ago

Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro

Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.

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  Posted by u/ 8 months ago

Bitcoin Floats Above $43K as 'Buy The Dip' Sentiment Prevails

Buying on dips remains the dominant tactic in the crypto market, one trader said.

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  Posted by u/ 8 months ago

First Mover Americas: First Mover: Bitcoin Hovers Over $43K, Chainlink Extends Rally

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 5, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 8 months ago

FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'

Court filings show the crypto estate wants to agree procedures so that it can sell the shares at the "optimal" time.

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  Posted by u/ 8 months ago

Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether

The round also included participation from Anatoly Yakovenko, the co-founder of Solana.

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  Posted by u/ 8 months ago

Hashnote's U.S. Treasuries Token Now Available Through Crypto Custodian Copper

Not all the so-called ?on-chain treasuries? in the market are created equal, warns Hashnote CEO Leo Mizuhara.

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  Posted by u/ 8 months ago

Web Registry GoDaddy, Ethereum Name Service Connect Domain Names With Crypto Wallets

The deal will allow users to link their internet domain names to their ENS addresses.

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  Posted by u/ 8 months ago

Warning! Scammers Are Pretending to Be CoinDesk Journalists on Social Media

Real CoinDesk journalists don't ask for money. Also, please be wary of links sent from people claiming to work for us.

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  Posted by u/ 8 months ago

Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares

New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data.

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  Posted by u/ 8 months ago

Bitcoin To Reach $70K By Year End: Markus Thielen

The macro environment, monetary tailwinds, U.S. election cycle and increasing TradFi demand all point to higher prices.

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  Posted by u/ 8 months ago

WisdomTree Bets on Adviser Adoption For Bitcoin ETF Success

WisdomTree, one of the ten issuers of spot bitcoin exchange-traded funds (ETFs), expects its product to be more successful towards the second half of the year thanks to adoption by financial advisor platforms.

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  Posted by u/ 8 months ago

Craig Wright Accused of ?Industrial Scale? Forgeries in First Day of COPA Trial

A highly anticipated trial probing Australian computer scientist Craig Wright?s claim to fame as the pseudonymous author of the groundbreaking 2008 Bitcoin manifesto kicked off Monday at a U.K. high court, where a judge decided Wright could add some new evidence to back up his case.

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  Posted by u/ 8 months ago

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source

Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.

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  Posted by u/ 8 months ago

Bitcoin: A New Regulatory Attack Vector

The Bitcoin miner survey launched by the U.S. Energy Information Administration is not an innocuous information-gathering exercise. And, it could end up hurting much more than just the crypto ecosystem.

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  Posted by u/ 8 months ago

Bitcoin NFT Project Taproot Wizards Sells Out First Collection, Raking in $13M

With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).

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  Posted by u/ 8 months ago

Why Crypto?s Most Altruistic Project Is Going (Kinda) Corporate

Gitcoin, which rewards developers for working on open-source projects, is embracing money-making initiatives to increase its capacity for good.

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  Posted by u/ 8 months ago

EigenLayer Lifts Staking Cap, TVL Soars Past $3B

Liquid restaking protocol EigenLayer has removed its 200,000 ether {{ETH}} staking cap, spurring a $TkTkTk rise in TVL in a matter of hours.

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  Posted by u/ 8 months ago

Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump

Cryptocurrencies slid lower Monday with bbitcoin nearing $42K as soaring U.S. interest rates amid strong economic data, hawkish Powell weighed on prices.

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  Posted by u/ 8 months ago

Treasury Secretary Janet Yellen Warns of Crypto Risks

U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief portion of her testimony posted Monday.

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  Posted by u/ 8 months ago

Solana's Most-Notorious Hacker House Is Bigger Than Ever

This year's mtnDAO is flush with cash and short on monitors.

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  Posted by u/ 8 months ago

China Never Completely Banned Crypto

Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?

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  Posted by u/ 8 months ago

British Columbia Court Backs Ban on Crypto Mining in Canadian Province

Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining.

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  Posted by u/ 8 months ago

Sui Skyrockets to $500M in DeFi Total Value Locked in Months!

Sui has officially surpassed $500,000,000 in Total Value Locked (TVL), marking a monumental milestone in an astonishingly brief timeframe of under 9 months!

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  Posted by u/ 8 months ago

Pro-Bitcoin Candidate Nayib Bukele Re-elected as President of El Salvador!

Nayib Bukele, the pro-Bitcoin incumbent, has secured a decisive re-election as the President of El Salvador.

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  Posted by u/ 8 months ago

Binance Data Leak Rumors, Affirming User Account Integrity

Binance reassures its users that their accounts are secure and there has been no Binance data leak from the systems.

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  Posted by u/ 8 months ago

Binance Completes AVA Integration, Expanding BEP20 Network Services

Binance has successfully completed the integration of AVA (AVA) into its BNB Smart Chain (BEP20 network).

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  Posted by u/ 8 months ago

Bullish Signal? Bitcoin Trading Volume Soars In January 2024

In January 2024, Bitcoin trading volume reached $1.21T, marking the highest value since September 2022. Long-term holders continued to retain coins, while El Salvador's Bitcoin portfolio expanded.

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  Posted by u/ 8 months ago

dYdX Foundation?s $30M Budget Proposal Greenlit with 98% Approval

dYdX Foundation has achieved a resounding success as the community overwhelmingly voted in favor of a $30 million operating budget.

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  Posted by u/ 8 months ago

South Korea Enforces Approval Protocol for Crypto Executives!

South Korea's Financial Services Commission (FSC) is set to reinforce its oversight in the cryptocurrency sector with a proposed amendment.

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  Posted by u/ 8 months ago

Market Overview (Jan 29?Feb 5): Binance Labs Investment And FTX?s Surprising Leap

Catch up on last week's crypto news. From Binance Labs investment to FTX's refund pledge, and featuring key events, market predictions, and upcoming big unlocks in February.

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  Posted by u/ 8 months ago

Merlin Chain Secures Funding to Empower ?Bitcoin-native? Innovations

New York, United States, February 5th, 2024, Chainwire Merlin Chain, the native Bitcoin Layer2, announced a round of funding from 24 investors including OKX Ventures, ABCDE, Foresight Ventures and Arkstream Capital. Merlin Chain offers a native scaling solution that integrates ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. It is committed to empowering

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  Posted by u/ 8 months ago

Reddit Revenue Rises 20% Ahead of IPO, But It Isn?t Profitable Yet

Reddit Revenue Rises 20% Ahead of IPO, But It Isn?t Profitable Yet

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  Posted by u/ 8 months ago

Alibaba?s 80% Loss May Extend on Competition Worries

Alibaba?s 80% Loss May Extend on Competition Worries

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  Posted by u/ 8 months ago

?Own Canada,? Says BofA Analyst Pointing to Record Dividend Gap

?Own Canada,? Says BofA Analyst Pointing to Record Dividend Gap

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  Posted by u/ 8 months ago

China Stock Rally Quickens as Policy Support Grows: Markets Wrap

China Stock Rally Quickens as Policy Support Grows: Markets Wrap

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  Posted by u/ 8 months ago

Bonds Fall After ?One-Two Punch? of ISM, Fedspeak: Markets Wrap

Bonds Fall After ?One-Two Punch? of ISM, Fedspeak: Markets Wrap

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  Posted by u/ 8 months ago

Trump post criticizing lawyer in Carroll case is fabricated | Fact check

Trump has made several Truth Social posts about the defamation case, but an image purporting to show a post criticizing his lawyer is fabricated.

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  Posted by u/ 8 months ago

OnPolitics: Biden won the South Carolina primary. What's next?

President Joe Biden easily secured first place in the South Carolina Democratic primary Saturday, setting him on a strong path to Democratic nomination.

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