Business Financial News

01.12 / 23:05

business Blockchain Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth

According to a new filing with the U.S. Securities and Exchange Commission on Dec. 1, crypto ATM operator Bitcoin Depot said it "remains on track to complete its previously announced business combination with GSR II Meteora Acquisition Corp."

01.12 / 21:21

business NFT Apple gas fees Coinbase claims Apple blocked wallet app release over gas fees

The self-custody crypto wallet from Coinbase said users can no longer send nonfungible tokens, or NFTs, due to interference from Apple.

01.12 / 20:29

business regulation Bitcoin Silver Crypto and Capitulation — Is there a silver lining? Watch Market Talks on Cointelegraph

On this week’s episode of Market Talks, Cointelegraph welcomes Magdalena Gronowska, co-founder of Citadel 256 and senior consultant at MetaMesh — a blockchain consultancy and building platform.

01.12 / 18:59

business Adoption Real Estate FTX What is tokenization and how are banks tapping into its design principles?

Tokenization is the process of converting something with tangible or intangible value into digital tokens. Tangible assets like real estate, stocks or art can be tokenized. In a similar vein, intangible assets like voting rights and loyalty points can be tokenized, too. We see Avios as an example of tokenized loyalty points by the traditional credit card industry.

01.12 / 14:29

business cryptocurrency World UK TP ICAP obtains crypto exchange license in the UK

TP ICAP has obtained a license to register as a cryptoasset exchange provider with UK's financial regulator through its Fusions Digital Assets marketplace, the world's largest inter-dealer broker said on Thursday.

01.12 / 09:03

business Blockchain FTX The New York Times BlackRock CEO: FTX Token caused downfall, but tech still revolutionary

The CEO of the worlds largest asset management firm, BlackRock, believes that the reason why FTX failed is because it created its own FTX Token (FTT), which was centralized and therefore at odds with the “whole foundation of what crypto is.”

01.12 / 09:03

business interview The New York Times Meta Ceo Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg

Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.”

01.12 / 09:03

business The New York Times Bitcoin Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times' DealBook Summit on Nov. 30.

01.12 / 06:55

business BMW augmented reality Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more...

German luxury car manufacturer Porsche has suggested it will be significantly ramping up its Web3 efforts after unveiling an upcoming NFT project consisting of 7,500 customizable tokenized vehicles.

01.12 / 04:29

business SEC security YouTube LBRY says it ‘will likely be dead’ following SEC loss

The firm behind the decentralized content platform LBRY said its days are likely numbered following its recent loss against the United States Securities and Exchange Commission (SEC) in court.

01.12 / 01:45

business FTX Fried Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit

Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX.

01.12 / 01:45

business partnership Huobi, Poloniex announced strategic partnership despite initial denials of a merger

Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week.

01.12 / 01:09

business defi Liquidity Funding Market maker Keyrock closes $72 million in Series B funding round

Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.

01.12 / 01:09

business Blockchain Uber BUG Bug Bounty Coinbase clarifies bug bounty policy in response to Uber extortion verdict

In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.

30.11 / 22:51

markets business Blockchain Technology Kraken cuts workforce by 30% in an effort to survive crypto winter

Cryptocurrency exchange Kraken announced on Nov 30, that it has made “one of the hardest decisions” to cut down its global workforce by approximately 1,100 people, making up approximately 30% of its total workforce, amid current market conditions.

30.11 / 21:17

business Blockchain Telegram TON Power Telegram founder wants to build new decentralized tools to combat power abuse

Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel on Nov. 30.

30.11 / 21:17

business lending Digital Asset INX submits bid for Voyager Digital's assets

Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital.

30.11 / 17:13

business Art Adoption Web3 Projects Festivals in the metaverse: How Web3 projects are taking culture virtual

The metaverse is the future, or so is the claim of many interacting with the industry — a claim that can be backed up by the amount of activity pouring into the Web3-metaverse domain.

30.11 / 17:13

business Government regulation Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says

Singapore government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.

30.11 / 15:17

business Bitcoin regulatory Gemini gets regulatory greenlight in Italy, Greece amid lending halt

Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece.

30.11 / 09:33

business cryptocurrency World Bankruptcy Fried Sam How Sam Bankman-Fried tried to cling to FTX

David Yaffe-Bellany

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