State California Financial News
20.02 / 13:45
Blockchain
YouTube
California
PUMP
SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others
A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens.
17.02 / 17:37
economics
Federal Reserve
inflation
How Raising Interest Rates Curbs Inflation – and What Could Possibly Go Wrong
Rodney Ramcharan, Associate Professor of Finance and Business Economics, the University of Southern California.________
12.02 / 21:43
Blockchain
Adoption
defi
Funding
Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.
12.02 / 08:25
Blockchain
Scams
Bitcoin
week
FBI warns against rising crypto romance scams during Valentine's week
The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies.
11.02 / 19:23
business
Blockchain
Adoption
saga
place
Crypto secures a place in the African American saga
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community.
11.02 / 18:41
cryptocurrency
economics
Bitcoin
week
Crypto Market Braces for Volatile Week Ahead of Fed’s ‘Emergency Meeting’
The US Federal Reserve (Fed) is set to hold an unscheduled meeting on Monday to discuss interest rates, described by some as an “emergency meeting” and others as a fairly “regular occurrence.” Regardless, the Fed’s unexpected notice has sparked debate in the crypto community over whether the central bank would announce a rate hike -- and if so, how high, and how many of them would there be this year.
09.02 / 09:49
cryptocurrency
FBI
Bitcoin
The Bitfinex Crypto Heist: All you need to know about the scamster couple
In 2016, cryptocurrency exchange Bitfinex was robbed of about $70 million, with hackers making away with some 1,20,000 bitcoins. The treasure is worth a staggering $4.5 billion today!
08.02 / 20:21
Blockchain
Technology
defi
Scams
saga
Wonderland’s treasury saga exposes the fragility of DAO projects today
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy.
07.02 / 12:27
UPS
Binance
Crypto Ads to Pop up in Super Bowl
Cryptocurrencies may dominate this Super Bowl ad, emerging as the winner. Coinbase Global Inc., the largest U.S. exchange, as well as exchanges FTX and Crypto.com will all be involved, according to a person familiar with the matter. Canadian exchange Bitbuy had an advertisement during the Canadian broadcast.
04.02 / 07:15
Facebook
Scams
Fraud
Aussie competition watchdog investigating Meta over crypto scam ads
Australia's consumer and competition (ACCC) watchdog is investigating Facebook’s parent company Meta for a long running series of fraudulent cryptocurrency advertisements of the platform.
03.02 / 03:25
Blockchain
COST
Platform
Unicorn Tokenization Corp Facilitates Private Equity Trading for Retail Investors Worldwide
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
02.02 / 09:01
NFT
Crypto Collectibles
Nifty News: Coachella lifetime pass, WildEarth’s wildlife, Worms ditches NFTs after backlash
The Coachella Valley Music & Arts Festival has partnered with FTX US to launch a series of NFT collectibles that includes tokenized lifetime access passes to its annual music festivals.
27.01 / 22:13
Blockchain
Technology
NFT
Community-driven NFT project leads with an immersive experience and extensive storytelling
Storytelling is a part of being human. Once originating in cave paintings and oral stories around the fire, and later evolving to radio, internet and now entire brands leading the world by an account that rallies real passion and like-minded communities into cult status. With the power of the story running so deep, it is no wonder that the growing popularity behind nonfungible tokens (NFTs) seeks the same path for project differentiation.
27.01 / 15:31
business
Funding
Venture Capital
Taxes
Crypto tax calculator CoinTracker valued at $1.3B following $100M raise
Cryptocurrency portfolio tracker and tax calculator CoinTracker has attained “unicorn” status after raising $100 million in Series A financing, demonstrating once again that investors are allocating vast sums of capital toward crypto-focused companies.
27.01 / 13:27
Facebook
cryptocurrency
Digital Currency
Meta
Facebook's cryptocurrency venture to wind down and sell tech assets
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments. The project immediately ran into fierce opposition from policymakers globally, who worried it could erode their control over the money system, enable crime, and harm users' privacy.
27.01 / 11:23
Target
Digital
Stocks market
UBS
UBS makes $1.4bn acquisition of robo-adviser Wealthfront to target affluent Americans
UBS Group is buying online wealth adviser Wealthfront for $1.4bn to reach the young rich and manage more money for people through their devices, the company said on 26 January.
26.01 / 01:41
business
Blockchain
Technology
YouTube
YouTube head of gaming Ryan Wyatt to resign and join Polygon Studios as CEO
On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million daily logged users per day with hundreds of billions of watch time each year. Wyatt cited his passion for blockchain and Web3 development in explaining his resignation. He will soon join Polygon Studios as its CEO.
21.01 / 04:07
business
Law
Sport
Food
Jack in the Box ends suit against FTX for allegedly stealing its mascot
Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come to an end after the parties reached a settlement.
19.01 / 21:26
19.01 / 06:35
business
Sport
partnerships
Bitcoin
Heavyweight champ to take 50% of his UFC 270 purse in Bitcoin
UFC heavyweight title holder Francis Ngannou has announced he will take half of his UFC 270 prize purse in Bitcoin (BTC) via Cash App.
19.01 / 04:33
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