Business Financial News
04.02 / 17:03
business
Technology
Adoption
Microsoft
Software
Metaverse
Meta
Time
Top 10 most famous computer programmers of all time
For computer programs and mobile applications, programmers must develop code. In order to keep things working properly, they are also involved in maintaining, debugging and troubleshooting software and systems.
04.02 / 11:19
business
NFT
Payments
advertisement
youtuber
YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.
04.02 / 06:09
business
Blockchain
economy
Job
Filecoin
Bitcoin
Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Several crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as they prepare for a “longer downturn.”
04.02 / 01:31
business
Bankruptcy
Fried
Sam
Sam Bankman-Fried's holding company files for bankruptcy
Emergent Fidelity Technologies, a Sam Bankman-Fried holding company based in Antigua and Barbuda, has filed for bankruptcy protection.
04.02 / 00:25
business
regulation
stocks
exchanges
stock exchange
Overstock-funded tZERO Crypto exchange will shut down March 6
The tZERO Crypto exchange, whose majority owner is Overstock, will shut down on March 6, the company announced via Twitter on Feb. 3. The company says that it will continue to focus on its regulated securities products after the shutdown, as the United States Securities and Exchange Commission (SEC) and other regulators clarify the legal status of crypto assets.
03.02 / 20:39
markets
business
Blockchain
Ethereum
stocks
Federal Reserve
Bitcoin
'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
The next crypto bull market will start sooner than most people think, according to Mark Yusko, the founder and CEO of Morgan Creek Capital Management. Yusko thinks the next crypto bull run or, as he calls it, "the crypto summer," could kick off as soon as the second quarter of this year due to the combination of more dovish central bank policies and the anticipation of the Bitcoin (BTC) halving.
03.02 / 20:19
business
Investments
SEC
Terra Luna
Bitcoin Price
Holdings
Crypto Holdings
Q4
Value of WisdomTree’s crypto holdings fell 61.9% in Q4
United States fund manager WisdomTree saw the value of its digital asset holdings decline sharply in the fourth quarter, reflecting the prolonged bear market in Bitcoin (BTC) and other cryptocurrencies.
03.02 / 17:55
business
Binance
Indian
Binance severs ties with Indian crypto exchange WazirX
The debacle between the global cryptocurrency exchange Binance and Zanmai, the operator behind the Indian cryptocurrency exchange WazirX, continues in a new blog post from Binance banning the latter from utilizing its services.
03.02 / 17:05
business
Technology
Adoption
regulation
Fraud
Banks
5 biggest economic bubbles in history
An economic bubble is a time of fast economic expansion that is driven by speculative enthusiasm and excessively high asset prices. A bubble is characterized by an increase in demand for an asset, such as commodities, stocks or real estate, which drives up its price. A number of factors, including easy access to credit, low interest rates and investor optimism, frequently combine to create financial bubbles.
03.02 / 15:35
business
Mining
regulation
ASIC
Bankruptcy
Core Scientific to hand over 27K rigs to pay $38M debt
Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an outstanding debt of $38.6 million by handing over more than 27,000 mining machines used as collateral.
03.02 / 13:39
business
Binance
Bitcoin
GoPax
Binance re-enters South Korea with GOPAX exchange
Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the local crypto trading platform Gopax.
03.02 / 09:07
03.02 / 08:33
business
Government
Blockchain
Adoption
regulation
Scams
Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams
The Australian government is bolstering its market regulator's digital asset team as part of a “multi-stage approach” aimed at clamping down on crypto and ensuring proper risk disclosures from crypto firms.
03.02 / 08:33
business
Mining
MicroStrategy
Press Release
Bitcoin
NOT
Marathon’s first Bitcoin sale in 2 years not the result of distress
The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years.
03.02 / 06:11
business
regulation
Department Of Justice
FTX
investigation
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates.
03.02 / 06:11
business
Law
regulation
Court
class action
Logan Paul and CryptoZoo sued in class action lawsuit
CryptoZoo and Logan Paul have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of purchaser's cryptocurrency via a "fraudulent venture."
03.02 / 05:33
business
CBDC
regulation
Banks
National
Indonesia targets launch of its national crypto exchange by June
Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange by June this year, six months after its previous target of December 2022.
03.02 / 04:45
business
Blockchain
Adoption
Digital Currency
us government
Federal Reserve
Bitcoin
Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio
Billionaire investor Ray Dalio has described fiat currency as being in serious “jeopardy” as an effective store of wealth but doesn’t believe Bitcoin (BTC) and stablecoins will be the solution either.
03.02 / 04:45
business
Adoption
MicroStrategy
Bitcoin
Bitcoin Price
MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B
Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its Bitcoin (BTC) holdings in 2022 but says it has no plans to stop trading the digital asset.
03.02 / 01:25
business
Tether
Bitfinex
Holdings
Only 4 people controlled Tether Holdings as of 2018: Report
A group of four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigations.
02.02 / 23:41
business
Bitfinex
FTX
Bankruptcy
Alameda Research wallet receives $13M from Bitfinex, other sources
Nearly $13 million has been moved into the consolidation wallet of bankrupt crypto trading firm Alameda Research in just 24 hours, revealed data from blockchain security firm PeckShield on Feb. 2.
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