Business Financial News
18.02 / 08:59
business
regulation
SEC
Staking
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
The CEO of Custodia Bank Caitlin Long has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown” on the crypto sector, and also for ignoring her warnings of major “fraud” allegedly conducted by now-bankrupted entities.
18.02 / 08:59
business
NFT
Trading
fees
data
Marketplace
Lost
OpenSea implements 0% fees to win over NFT userbase lost to Blur
Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base.
18.02 / 06:13
18.02 / 01:25
business
defi
lending
Banks
MakerDAO
MakerDAO voting on $100M loan participation with Florida commercial bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance.
17.02 / 23:51
markets
business
Blockchain
Technology
Web3
Decentralization
Crypto Stories: How Altcoin Daily built a platform for millions of crypto enthusiasts
In the latest Crypto Stories episode by Cointelegraph, Aaron and Austin Arnold share their journey of creating 'Altcoin Daily,' a crypto content platform that has amassed millions of subscribers across various platforms.
17.02 / 23:51
business
SEC
FTX
bonds
Celsius
lawsuits
Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply
The stunning collapses of Celsius and FTX destroyed many lives — early adopters who had the foresight to understand the unique value propositions of Bitcoin (BTC) and crypto were left with practically nothing when both platforms halted withdrawals, shuttered their doors and eventually filed for bankruptcy. While there’s still hope that creditors will be made partially whole again, the road to recouping financial losses is expected to be long. While they’re waiting, creditors are banding together to sue these firms for various alleged infractions.
17.02 / 20:25
business
Mining
Bitmain
Bitcoin
Power
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs
Bitcoin miner CleanSpark is growing its mining capacity in the United States, with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the company's computing power by 37%, and brings the total number of miners purchased during the bear market to 46,500 units.
17.02 / 19:59
business
FTX
Bankruptcy
Withdrawals
FTX Japan plans to resume withdrawals as early as February: Report
Bankrupt cryptocurrency exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals for affected users as early as February.
17.02 / 17:43
business
Blockchain
Technology
Adoption
Investments
Financial Services
Time
Top 11 greatest investors of all time
Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their own investment approach and improve their chances of achieving success in the financial world.
17.02 / 10:39
business
Blockchain
Stablecoin
SEC
security
Fraud
Court
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
The United States Securities and Exchange Commission’s (SEC's) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to a lawyer.
17.02 / 05:25
business
Stablecoin
Adoption
Binance
SEC
Tether
Usd Coin
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD).
17.02 / 01:37
business
Blockchain
Technology
Web3
security
interview
Decentralization
DeFi platforms can comply with regulations without compromising privacy — Web3 exec
Decentralized finance (DeFi) has been a rapidly growing sector of the cryptocurrency industry, but it has also faced significant regulatory challenges. With regulators struggling to keep up with the pace of innovation, the lack of clarity around regulations tends to create uncertainty for DeFi projects.
16.02 / 23:45
business
Binance
Binance moved $400M from Binance.US account to firm tied to CZ: Report
An investigative report has suggested that major cryptocurrency exchange Binance was behind transferring roughly $400 million in funds from a Binance.US account to a trading firm managed by Changpeng Zhao.
16.02 / 22:09
business
Blockchain
Technology
Web3
Tokens
bonds
Green bonds
HK
Hong Kong issues HK$800m in tokenized green bonds
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR Government) announced on Feb 16 that it had issued HK$800 million in tokenized green bonds, under the Government's Green Bond Program (GBP). The bonds were underwritten by four banks and priced at a yield of 4.05%.
16.02 / 21:21
business
Adoption
Web3
network
Theta Network to enable collaborative machine learning with new partnership
Blockchain video delivery network Theta Labs has partnered with the artificial intelligence (AI) platform FedML to enable collaborative machine learning on content recommendation and generative AI.
16.02 / 17:09
business
Blockchain
Technology
Adoption
Machine Learning
robotics
Bitcoin
Future
10 emerging technologies in computer science that will shape the future
Technology is a powerful force that has significantly influenced the future. It has enriched our lives in innumerable ways, from boosting productivity and efficiency to bridging geographical distances. Artificial intelligence (AI), machine learning (ML), robotics and 5G networks are reshaping industries, opening up new applications, and altering our way of life.
16.02 / 16:27
business
Adoption
defi
privacy
Web3
Decentralization
Messaging App
seed funding
Web3 communication app goes after Twitter with $12.5M seed funding
Developers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by introducing it to Web3.
16.02 / 10:21
business
Blockchain
Law
Adoption
regulation
lawmakers
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception.
16.02 / 10:21
business
Adoption
exchanges
Binance banking problems highlight a divide between crypto firms and banks
Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement came with no explanation. However, exchange CEO Changpeng Zhao noted in a tweet that only 0.01% of the exchange’s total users will be affected by the suspension while assuring that they are looking to resolve the issue soon.
16.02 / 06:05
business
Adoption
regulation
SEC
us government
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset custodians in the future.
16.02 / 04:49
business
Court
Bankruptcy
Celsius
exit
Celsius chooses NovaWulf's bid to exit from bankruptcy
Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as the sponsor for its proposed Chapter 11 restructuring plan which will see the investment advisory firm take over the operations of a new company, and most customers estimated to recover up to 70% of their funds.
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