State California Financial News
04.11 / 14:09
Twitter
Court
elon
Elon Musk faces class-action suit over mass Twitter layoffs
Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk.
04.11 / 10:37
Dogecoin
UPS
Twitter
Dash
Shiba Inu
Doge
price crash
PUMP
Dogecoin Price Crash as Twitter Sued? Shiba Inu & These 3 Cryptos Pump
The Dogecoin price crashed 7% in the past 24 hours on news that Twitter is being sued for mass layoffs, and meme coin rival Shiba Inu pumped.
02.11 / 16:19
business
Government
interview
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential.
27.10 / 19:29
LUNC
Terra Luna
Terra Luna Classic Price Prediction – Is LUNC a Good Investment Now?
Terra’s Luna Classic (LUNC) has recently seen a price increase that took it from the lowest point this month, at $0.0002282 to $0.0002513. While a fairly low increase, it is still notable, as it suggests that the project might be recovering, especially after recent news involving a 4-year plan to bring back value to the token.
27.10 / 10:23
Blockchain
Provident
Digital
Platform
Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
27.10 / 05:07
business
Adoption
VISA
MasterCard
Blockchain.com partners with Visa to offer crypto debit card
Crypto exchange Blockchain.com has partnered with Visa to launch a crypto card, available to only U.S. residents initially, which allows users to pay using their crypto or cash balance wherever Visa debit cards are accepted.
26.10 / 20:19
business
Blockchain
Environment
Bitcoin
Report: Vast majority of blockchain energy studies 'lack scientific rigor'
According to a new preprint conducted by researchers at the Open Universiteit, University of California Berkley, and Radboud University, the vast majority of literature on blockchain energy use from both academic and everyday sources "lacks the scientific rigor expected from a mature scientific field." The report analyzed 128 scientific and open-source studies related to carbon emissions of blockchains such as Bitcoin.
20.10 / 16:19
UPS
CEO
Bitcoin
Tim Draper’s Draper University Teams Up With CEEK to Launch Virtual Hacker House
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
14.10 / 20:35
CEO
valuation
Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation
Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z), Paradigm, SV Angel, and Variant.
13.10 / 17:43
business
education
Charity
NFTs and crypto provide fundraising options for breast cancer awareness
The hype around nonfungible tokens (NFTs) may be fading, yet a number of organizations continue to implement Web3 initiatives. Nonprofit organizations and activists, in particular, have begun implementing nonfungible token projects to help fundraise and generate awareness for certain causes.
11.10 / 19:06
Blockchain
UPS
Platform
Bitcoin
Backed
Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
10.10 / 20:19
Facebook
Career
CEO
crypto sector
Financial
Billionaire Chamath Predicts This Crypto Sector Will Transform All Financial Assets
Billionaire investor Chamath Palihapitiya believes that decentralized finance (DeFi) will eventually allow people across the world to monetize and financialize all of their assets, allowing to place them on the blockchain.
06.10 / 13:11
Digital
Platform
Luna
"Insolvency, Bankruptcy is Nowhere in Nexo's reality": Co-Founders
Speculations about crypto lender Nexo heading towards bankruptcy were squashed by the company's top-ranking members.
05.10 / 20:37
Digital
Platform
Action
This is what Nexo executives said about solvency concerns
After days of speculation over Nexo’s financial health and solvency, the crypto lender’s executives took to YouTube to answer questions from the community during an Ask Me Anything (AMA) session.
04.10 / 15:49
04.10 / 11:17
business
Blockchain
Adoption
MasterCard
Mastercard launches new crypto fraud protection tool
The financial service provider Mastercard will launch a new crypto service related to risk management on Tuesday Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms.
04.10 / 08:39
02.10 / 00:25
Law
CFTC
Scams
regulatory
California fraud cases highlight the need for a regulatory crackdown on crypto
The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors.
01.10 / 17:31
defi
Platform
Uniswap
Intel
Uniswap to Raise $100 Million in New Funding Round
Uniswap Labs – the firm behind one of the world's largest decentralized exchanges, Uniswap – is looking to raise a massive $100M fund in its latest funding round. This round follows Uniswap's previous Series A funding in 2020.
29.09 / 20:49
Manufacturing
coinbase
Apple
CarMax
Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more
Check out the companies making headlines in midday trading.
29.09 / 09:21
Ethereum
ethereum price today
avalanche
Bitcoin
Crypto Price Today: Bitcoin slips below $19K; XRP, Ethereum, Solana tank up to 11%
The rising fears of economic recession, interest rate hikes and strength in dollar are hurting the riskier assets, including cryptos. All top crypto tokens were trading sharply lower on Wednesday. XRP plunged 11 per cent, whereas Bitcoin, Ethereum, Solana and Polkadot dropped 7 per cent each. Cardano and Polygon were 6 per cent down each. The global cryptocurrency market cap was trading sharply lower at $911.80 billion, dropping more than 5 per cent in the last 24 hours. However, the total trading volume zoomed over 16 per cent, close to $94.45 billion.
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