Blockchain Financial News

29.11 / 07:59

Blockchain Provident Digital Platform Basemon Runs IEO Session on P2B

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

29.11 / 06:15

Government Blockchain Twitter Bitcoin Calls for regulation get louder as FTX contagion continues to spread

Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry.

29.11 / 05:35

business Blockchain Court FTX resumes employee and contractor payments after weeks in limbo

Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world.

29.11 / 02:21

Blockchain Technology defi Exploit Compound Finance to impose lending caps in light of failed Aave exploit

On Nov. 28, users of decentralized finance, or DeFi, lending platform Compound Finance passed a proposal to impose restrictions on the maximum borrowing of 10 tokens on the protocol. The proposal was put forth by financial modeling firm Gauntlet and passed with a majority "Yes," although total turnout amounted to less than 7% of the COMP tokens in circulation.

29.11 / 02:21

business Blockchain Technology Investments FTX collapse impacts Miami’s nightclub scene: Report

The fallout from the collapse of FTX spans beyond the Web3 and crypto ecosystem. Reports gathered by the Financial Times suggest that nightclubs in Miami have been negatively affected by the collapse of the once-reputable cryptocurrency exchange.

29.11 / 02:21

business Blockchain Investments Bitcoin Controlling shareholders' stakes in GBTC are 'highly illiquid': Report

According to a new Twitter post by Ryan Selkis, CEO of blockchain research firm Messari, Grayscale Bitcoin Trust's (GBTC) controlling shareholders Genesis Global and Digital Currency Group cannot simply "dump" their holdings to raise more capital. Selkis explained that the restrictions are due to Rule 144A of the U.S. Securities Act of 1933, which forces issuers of over-the-counter, or OTC, traded entities to give advance notice of proposed sales, as well as a quarterly cap on sale of either 1% of outstanding shares or weekly traded volume.

28.11 / 23:57

Blockchain Platform Fighting Samsung Future Green Cryptocurrency May Be the Future – This One Just Added Dyson and Samsung as Affiliate Partners

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

28.11 / 23:37

Blockchain Stablecoin Digital Currency Investments MakerDAO community votes against CoinShares' 500M investment proposal

Decentralized lending protocol, MakerDAO, has voted against crypto investment firm CoinShares' proposal to invest between 100million and 500million worth of the community’s funds, into a portfolio of corporate debt securities and government-backed bonds for yield, as an investment strategy.

28.11 / 21:57

Blockchain Digital Platform Digital Fashion Is Taking The Metaverse By Storm

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

28.11 / 21:23

Blockchain Adoption Investments Venture Capital Crypto fund investment still dominated by the United States: Database

Despite venture capital funding halving in October, there seem to be funds that still remain bullish on this space investing in emerging markets, Web3 and infrastructure. But, most people do not know who these mysterious funds are or what they are made of, or if there is a project starting up, how to get in touch with these funds.

28.11 / 21:23

business Blockchain Technology open Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies

On November 28, blockchain gaming accelerator Game7 announced that it would allocate $100 million in open-source technology grants to upcoming Web 3.0 startups. As told by the Game7, distributions will support individuals and entities building blockchain games, smart contracts, core software infrastructures, and community tooling. The grants will be paid in USD Coin (USDC).

28.11 / 19:31

Blockchain Ethereum SEC coinbase UK crypto Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans to Improve Digital Asset Trading

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.11 / 19:01

business Blockchain defi Bankruptcy BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles

BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidiaries. The move comes after several days of speculation on the company’s financial health after the collapse of FTX.

28.11 / 19:01

Blockchain Ethereum Stablecoin government bonds Financial Tokenized government bonds free up liquidity in traditional financial systems

A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with tokenized bonds to build a Bitcoin city.

28.11 / 19:01

Blockchain Ethereum defi DAO Redefining blockchain through crypto-biometrics and DAO approach | AMA with Occam DAO and Humanode

Decentralized autonomous organizations (DAOs) are taking over governance in the blockchain space, and this trend is only in its early stages still. Occam DAO, the decentralized voter community behind OccamFi, has recently voted in a new partnership for the incubator platform. Humanode will be joining the Occam ecosystem with its revolutionary approach to blockchain security and power distribution.

28.11 / 15:17

Blockchain Ethereum Galaxy Digital Bitcoin Billionaire Mike Novogratz Says These Cryptos Are Here to Stay Despite Current Bear Market – Here’s What You Need to Know

Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, named two major cryptocurrencies among those that are here to stay despite the massive turbulence seen in the crypto market this year: bitcoin (BTC) and ethereum (ETH).

28.11 / 14:33

Blockchain BLOCK SUN Strategy GAM3 Nominees Revealed Ahead of First Web3 Gaming Awards

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28.11 / 13:15

Blockchain regulation Funding FTX collapse put the Singapore government in a parliamentary hot seat

The collapse of the now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime Minister Lee Hsien Loong and Deputy Prime Minister Lawrence Wong are set to face grilling questions for their failure to protect retail investors.

28.11 / 09:07

Blockchain Provident Aviat Career Wahed Projects Announces Strategic Partnership with EnterMed

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

28.11 / 08:31

business Blockchain Twitter Adoption elon Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans

Billionaire entrepreneur Elon Musk has confirmed that he intends on integrating payments into what he describes as Twitter 2.0 — “The Everything App” — fuelling a short-lived 19.4% price surge for meme-inspired cryptocurrency Dogecoin (DOGE).

28.11 / 06:05

Blockchain Ethereum Twitter defi Crypto Twitter calls for calm after wETH insolvency joke goes viral

An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real.

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