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   Business News    Financial News   Financial News

  Posted by u/ 8 months ago

Bitget Wallet Partners with Morph, Becoming the First Web3 Wallet to Support Morph Testnet

Victoria, Seychelles, January 30th, 2024, Chainwire Morph, the Layer 2 user-centric Blockchain, has officially launched its testnet beta and will be embarking on an exciting cooperation with Bitget Wallet, allowing Bitget Wallet users to connect to the Morph testnet on both the mobile and browser versions of Bitget Wallet, and explore Morph testnet bridge. Morph […]

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  Posted by u/ 8 months ago

Bitpanda withdraws from the Netherlands amid regulatory compliance concerns

Bitpanda ceases operations for Dutch residents. The exchange has cited regulatory compliance concerns for the exit. The decision aligns with the exchange’s commitment to cooperate with local regulators in the Netherlands. Bitpanda, a leading cryptocurrency exchange platform, has announced its decision to cease operations for Dutch residents due to regulatory compliance issues in the Netherlands. […]

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  Posted by u/ 8 months ago

SBINFT launches its NFT marketing platform SBINFT Mits

SBINFT Co., Ltd., operator of the largest NFT marketplace in Japan, has launched its NFT marketing platform dubbed SBINFT Mits. The platform will help individuals and global brands tap into the power of NFTs to drive their Web3 marketing strategies. SBINFT initially announced Mits at the 2023 WebX Summit held in Japan in July last […]

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  Posted by u/ 8 months ago

Binance Labs invests in Ethereum liquid restaking protocol Puffer

Binance Labs has invested an undisclosed amount in Ethereum restaking protocol Puffer. Puffer Finance will use these funds to develop its Layer 2 network and to bring ETH staking and restaking rwards to BNB Chain users. Binance Labs on Monday, January 29, denied claims it had participated in a $15 million funding round for SkyArk […]

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  Posted by u/ 8 months ago

The revolutionary Massa ecosystem is launching now

Paris, France, January 30th, 2024, Chainwire With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling decentralization and resilience. Massa’s vision is to allow apps to be deployed on thousands of […]

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  Posted by u/ 8 months ago

Linera Launches Public Devnet to Expand its Breakthrough Microchain Technology to Rust Developers

San Francisco, California, January 30th, 2024, Chainwire Linera, the layer-1 blockchain protocol pioneering microchains to give users their own blockspace, today announced the deployment of its Devnet. Founded by Mathieu Baudet, a former Meta researcher and infrastructure engineer who helped develop the technology underlying Novi digital payments called FastPay, Linera’s technology brings unprecedented horizontal scalability […]

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  Posted by u/ 8 months ago

App-Specific Rollup Cartesi Announces A $1 Million Ecosystem Grants Initiative

New York City, United States, January 30th, 2024, Chainwire Developers can receive up to $50,000 USDC per project, plus dedicated tech support, introduction to accelerators and investors, marketing support and project consulting. Cartesi (CTSI), an app-specific rollup protocol with a virtual machine that runs Linux distributions, announced today an allocation for $1 million to the […]

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  Posted by u/ 8 months ago

Spot Ethereum ETFs approval likely on May 23: Standard Chartered

Standard Chartered Bank says the SEC could approve spot Ethereum ETFs on May 23, the final deadline for applications currently before the regulator. Ethereum price could surge to over $4,000 by then, the bank said in a report. The US Securities and Exchange Commission (SEC) is likely to give a nod to the first spot […]

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  Posted by u/ 8 months ago

Sui blasts into DeFi top 10 as TVL surges above $430M

GRAND CAYMAN, Cayman Islands, January 30th, 2024, Chainwire In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise Sui, a leading Layer 1 blockchain that was created by the team that led Meta’s Diem crypto project, continued its blistering […]

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  Posted by u/ 8 months ago

Floki Team Responds to Hong Kong Regulator Warning

Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.

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  Posted by u/ 8 months ago

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.

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  Posted by u/ 8 months ago

SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting

Altcoins' consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said.

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  Posted by u/ 8 months ago

Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange

Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks.

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  Posted by u/ 8 months ago

Bitpanda Crypto Exchange to Withdraw From Netherlands

The company said it is committed to complying with the regulatory landscape.

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  Posted by u/ 8 months ago

MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit.

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  Posted by u/ 8 months ago

First Mover Americas: Bitcoin Eclipses $43K Having Gained Nearly 10% in a Week

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 30, 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

German Police Seize $2.1B Worth of Bitcoin in Piracy Sting

Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date.

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  Posted by u/ 8 months ago

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion

The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies.

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  Posted by u/ 8 months ago

Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities

Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.

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  Posted by u/ 8 months ago

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry had a chance to weigh in. Here's the gist of their responses.

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  Posted by u/ 8 months ago

Taproot Wizards Delays 'Quantum Cats' Sale for 2nd Time, After Messy Bitcoin NFT Debut

"We had big plans for mint day and we didn?t live up to your expectations of us and to our expectations of ourselves," Taproot Wizards co-founder Udi Wertheimer posted on X.

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  Posted by u/ 8 months ago

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.

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  Posted by u/ 8 months ago

Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price of bitcoin to its highest level since the day after the funds began trading.

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  Posted by u/ 8 months ago

Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered

The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.

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  Posted by u/ 8 months ago

Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%

The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.

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  Posted by u/ 8 months ago

Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing

GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker.

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  Posted by u/ 8 months ago

When Is a Ponzi a Ponzi?

U.S. authorities indicted the operators of HyperVerse, allegedly an $1.8 billion ?Ponzi scheme.? There?s a fine line between a ?fraudulent investment scheme? and many crypto projects, it seems.

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  Posted by u/ 8 months ago

Why People Still Think Bitcoin Will Die

Unstoppability is one of its most important and reliable features. So why do so many respondents to a recent survey think Bitcoin will fail in 2024?

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  Posted by u/ 8 months ago

Vitalik Buterin Says Developers Should 'Tread Carefully' Mixing Crypto and AI

The Ethereum co-founder has warmed up on the potential intersection between AI and crypto, though he warns developers to be careful.

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  Posted by u/ 8 months ago

Ethereum's 'Dencun' Upgrade Goes Live on Second Testnet, With Just One Remaining

Next week, on Feb. 7, Dencun will go live on its final Ethereum testnet, Holesky. After that, developers will ink in a date to activate Dencun on the main blockchain.

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  Posted by u/ 8 months ago

Solana DEX Jupiter's JUP Token to Debut With 1.35B Circulating Supply

The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.

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  Posted by u/ 8 months ago

Invesco Galaxy Bitcoin ETF Now Reduces Sponsor Fee To %0.25

Invesco and Galaxy Asset Management cut the Invesco Galaxy Bitcoin ETF expense ratio from 0.39% to 0.25%.

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  Posted by u/ 8 months ago

HyperFund Crypto Ponzi Scheme Founders Defraude Investors Of $1.7 Billion

The HyperFund crypto ponzi scheme collapsed in 2022, preventing investors from withdrawing funds.

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  Posted by u/ 8 months ago

VanEck CEO Passionately Advocates ?Bullish Bitcoin? amidst Looming Fed Policy Shift!

VanEck CEO, Gabor Gurbacs, has expressed a fervent stance on embracing a bullish outlook on Bitcoin, asserting that he has been metaphorically "pounding the table" in favor of a long position on the leading cryptocurrency.

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  Posted by u/ 8 months ago

The Future of Bitcoin Mining: X Mining Rewards Investors 81% Annual Return for Staking

X Mining has emerged as one of the top mining tools for customers, providing a flawless experience with cryptocurrency mining and trading.

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  Posted by u/ 8 months ago

Bitwise CEO Rockets BITB ? Bitwise Bitcoin ETF Surges Beyond $600 Million!

Bitwise Bitcoin ETF (BITB) has swiftly surged past the impressive milestone of $600 million in Assets Under Management (AUM) within a mere 12 trading days since its launch.

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  Posted by u/ 8 months ago

Google Greenlights Bitcoin ETF Ads, Unleashing Marketing Potential!

Google has amended its advertising guidelines, ushering in a new era for cryptocurrency trusts, particularly Bitcoin ETF ads.

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  Posted by u/ 8 months ago

Polymarket Trader Places 55% Odds on Trump?s Presidential Comeback!

US presidential election, traders on the decentralized prediction platform Polymarket trader are expressing strong confidence in the return of former President Donald Trump to power.

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  Posted by u/ 8 months ago

U.S. Bitcoin ETFs Draw $255M Inflows in 12 Days!

BitMEX Research platform significant financial milestone for all U.S. Bitcoin ETFs has been unveiled.

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  Posted by u/ 8 months ago

Binance Offers Large Traders Secure Banking for Asset Storage!

Binance has expanded its services to accommodate large traders, allowing them the option to store their assets in independent banks.

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  Posted by u/ 8 months ago

US Equity Futures Slip Ahead of Fed, JGBs Fall: Markets Wrap

US Equity Futures Slip Ahead of Fed, JGBs Fall: Markets Wrap

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  Posted by u/ 8 months ago

Tech Giants Slide in Late Trading After Earnings: Markets Wrap

Tech Giants Slide in Late Trading After Earnings: Markets Wrap

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  Posted by u/ 8 months ago

Donald Trump can stay on 2024 Illinois ballot, despite push to disqualify him

Illinois' decision to keep Trump on the ballot came a week before the U.S. Supreme Court will consider whether he is disqualified under the Constitution.

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  Posted by u/ 8 months ago

How will Joe Biden respond after US soldiers were killed in a drone attack?

The response could involve airstrikes, missile launches and special operations raids from Yemen to Iraq.

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  Posted by u/ 8 months ago

OnPolitics: Catch up with Trump's real estate fraud case

Former President Donald Trump awaits judgment in a civil fraud case that could cost him $370 million and threaten to dissolve his real estate empire.

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  Posted by u/ 8 months ago

Report: Trump-era White House Medical Unit improperly dispensed drugs

The White House Medical Unit had "severe and systemic problems" with its pharmacy operations, according to a report from the Office of Inspector General.

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  Posted by u/ 8 months ago

Evergrande Liquidation to Leave Little for Creditors to Claim

Evergrande Liquidation to Leave Little for Creditors to Claim

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  Posted by u/ 8 months ago

China Markets Show Pressure Is Growing for Beijing to Do More

China Markets Show Pressure Is Growing for Beijing to Do More

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  Posted by u/ 8 months ago

Stocks Flounder With Tech Earnings Test in Sight: Markets Wrap

Stocks Flounder With Tech Earnings Test in Sight: Markets Wrap

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  Posted by u/ 8 months ago

Baseless claim Atlantic article's illustrations threaten Trump | Fact check

Soros posted a link to an Atlantic article about American's views on inflation and crime rates. Neither his post nor the article threaten Trump.

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