Business Financial News
22.03 / 20:25
business
event
Conference
Europe
Retirement
'No shortage of passion in the Parisian people' for PBW amid protests — Animoca Brands CEO
Robby Yung, chief executive officer of metaverse ecosystem developer Animoca Brands, seemed to suggest that despite the recent attempts to debank crypto and protests on the streets of Paris, confidence in the space was undettered.
22.03 / 18:05
business
Adoption
regulation
Web3
Enterprise
Metaverse
European Commission
'Get comfortable with discomfort' for Web3 success: PBW 2023
The metaverse continues to be a hot topic in the Web3 space, as a group of industry professionals took to the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the future of digital reality.
22.03 / 18:05
business
Blockchain
Technology
Adoption
data
Science
FinTech
7 free learning resources to land top data science jobs
Data science is an exciting and rapidly growing field that involves extracting insights and knowledge from data. To land a top data science job, it is important to have a solid foundation in key data science skills, including programming, statistics, data manipulation and machine learning.
22.03 / 16:41
business
Blockchain
Stablecoin
Tether
Circle
Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
At the Paris Blockchain Week 2023, Tether’s chief technology officer Paolo Ardoino spoke with Cointelegraph reporter Joseph Hall to discuss topics like the USD Coin (USDC) breaking its dollar peg and how it highlights the importance of Bitcoin (BTC) and decentralization.
22.03 / 16:41
business
Blockchain
wallet
Multichain
valuation
Multichain wallet BitKeep raises $30M at $300M valuation
On Mar. 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into multi-chain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to "access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services." Gracy Chen, managing director at Bitget, commented:
22.03 / 14:43
business
Investments
coinbase
stocks
Bitcoin
Bitcoin Price
Time
Coinbase stock
Cathie Wood’s ARK sells Coinbase stock for the first time in 2023
Cathie Wood’s investment management firm ARK Invest is moving to take profits from its Coinbase stash, selling the first batch of Coinbase stock this year.
22.03 / 13:23
business
banking
Credit Suisse
Bitcoin
The impact of the Credit Suisse bank crisis on the crypto market
The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity.
22.03 / 13:23
business
Blockchain
Adoption
VISA
Fraud
Smart Contracts
phishing
Visa: Token bridges were a favored target for thieves in 2022
According to the global payment provider Visa, 2022 became a record-breaking year for cryptocurrency thefts, with over $3 billion stolen in on-chain thefts. Cryptocurrency bridge services were a favored target for threat actors.
22.03 / 05:57
business
regulation
Banks
Federal Reserve
Signature Bank
'Operation Choke Point 2.0' may have contributed to SVB collapse: Mulvaney
If the United States government really is implementing "Operation Choke Point 2.0" it will hurt financial stability and may have contributed to the collapse of Silicon Valley Bank (SVB) according to Donald Trump’s former Acting White House Chief of Staff, Mick Mulvaney.
22.03 / 05:57
business
Adoption
Investments
cryptocurrency investment
banking
Bitcoin
Bitcoin Price
Bitcoin's banking crisis surge will 'attract more institutions': ARK's Cathie Wood
The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes.
22.03 / 01:55
business
coinbase
services
Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
Coinbase is expanding its services in Brazil through partnerships with local services, the company announced March 21. Round-the-clock customer support in Portuguese and easier onboarding are among its upgrades.
22.03 / 00:47
business
Blockchain
Technology
Web3
GameFi
Blockchain Game
CCP
CCP Games secures $40M funding for upcoming Web3 game
Independent game developer CCP Games, known for its multiplayer online game Eve Online, has announced that it has secured $40 million in financing from external partners to develop a new AAA title set in the Eve universe.
22.03 / 00:47
business
Blockchain
Technology
Conference
Web3
Decentralization
FinTech
Web2 giants coming into Web3 could benefit ecosystem — PBW founder
Paris Blockchain Week (PBW), an annual gathering of professionals within the blockchain industry, has kicked off its fourth edition, with industry leaders and entrepreneurs from across the world gathering to discuss the latest trends and developments impacting the digital asset space.
21.03 / 19:59
business
banking
Pensions
pension
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
Private Swedish pension fund Alecta has sold its shares in First Republic Bank, the American bank struggling to stay afloat after a serious drop in share value, a bank spokesperson announced March 21. Alecta was the bank’s fifth-largest shareholder.
21.03 / 19:41
business
banking
Credit Suisse
Bitcoin
Why is Bitcoin rising amid collapsing banks? Watch The Market Report
This week on The Market Report, our beloved host, Joe Hall, and insightful expert, Sam Bourgi, unfortunately, could not make it, but don’t worry because Marcel Pechman is here to discuss why he thinks Bitcoin’s (BTC) price is rising amid collapsing banks.
21.03 / 19:15
business
Web3
Funding
Venture Capital
DAO
Anonymous DAO tomi raises $40M for 'surveillance-free' internet
Alternative internet developer tomi has raised $40 million from venture capital firms as part of a broader effort to lure content creators to its decentralized World Wide Web alternative.
21.03 / 17:57
business
Blockchain
Technology
Adoption
Cloud Storage
Internet Computer
Blockchain Storage
7 real-world cloud computing examples to know
Cloud computing has become an important part of our lives, whether we realize it or not. Many of the services and applications we use on a daily basis, such as messaging and streaming music and video, are powered by cloud computing.
21.03 / 16:45
business
banking
Silvergate
Bankruptcy
U.S.
Yellen defends government intervention to avoid another SVB
Nearly two weeks after the collapse of three United States banks - Silicon Valley Bank (SVB), Silvergate and Signature- Treasury Secretary Janet Yellen said the federal government is ready to take action if needed.
21.03 / 16:05
business
Blockchain
Technology
Adoption
coinbase
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs
Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022.
21.03 / 15:05
business
community
Bankruptcy
Celsius
Lawyer
Celsius lawyer and advisor fees on track to reach $144M, community responds
Crypto lender Celsius Network’s lawyer and advisor fees amid its bankruptcy proceedings are projected to reach $144 million, triggering responses from members of the crypto community.
21.03 / 13:07
business
Blockchain
transparency
OKX
reserves
OKX latest proof of reserves reveals $8.9B in assets
The global cryptocurrency exchange OKX released its fifth proof-of-reserves (PoR) report, a practice it began in November 2022 to boost transparency in the industry.
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