Business Financial News

22.11 / 16:07

business Investments CoinMarketCap Bitcoin Reserve CoinMarketCap launches proof-of-reserve tracker for crypto exchanges

CoinMarketCap, a leading market researcher and tracker in the crypto industry, announced the launch of a new feature on its platform which allows users updated financial insights on exchanges.

22.11 / 15:27

business Mt. Gox Bitcoin Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says

The collapse of FTX has triggered a notable drop in the price of Bitcoin (BTC), but that in no case means that BTC can be destroyed by failing cryptocurrency firms, according to Bitcoin proponent Samson Mow.

22.11 / 10:17

business LGBT European Union Deal COP27: EU left 'disappointed' by lack of ambition in final deal, calling it a 'small step forward'

The European Union is not hiding its disappointment with the climate deal struck at COP27, criticising its lack of ambition and warning of an increasingly distant possibility to keep global warming under the 1.5 °C target.

22.11 / 10:17

business LGBT European Union Ukraine war: Kyiv tells residents of liberated areas to leave before winter sets in

Ukrainian authorities have begun evacuating civilians from recently liberated sections of the Kherson and Mykolaiv regions, fearing that a lack of heat, power and water due to Russian shelling will make living conditions too difficult this winter.

22.11 / 09:11

business Adoption Congress Bitcoin Senators US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product.

22.11 / 09:11

business Bitcoin Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto exchange, FTX.

22.11 / 08:41

business Blockchain Adoption data Uniswap's new privacy policy sees backlash from decentralization buffs

Decentralized exchange (DEX) Uniswap's recently updated privacy policy appears to have attracted the ire of some members of the community, with concerns that collecting and storing user data works against crypto's core values.

22.11 / 07:33

business European Union Victims and 'heroes' of US LGBT club shooting identified

Mourners have gathered on Monday to commemorate those killed in a horrific attack at an LGBTQ nightclub in the US city of Colorado Springs, Colorado, as more information on the victims and alleged perpetrator -- as well as the 'heroes' who helped stop the bloodshed -- emerges.

22.11 / 06:55

business Law Scams Bitcoin HashFlare founders arrested in 'astounding' $575M crypto fraud scheme

The two founders of the now-defunct Bitcoin cloud miner HashFlare have been arrested in Estonia over their alleged involvement in a $575 million crypto fraud conspiracy.

22.11 / 05:29

business Investments Report CoinShares FTX crisis leads to record inflows into short-investment products

Institutional investors have responded to the negative sentiment caused by FTX’s collapse, with record institutional inflows into crypto-focused short-investment products.

22.11 / 04:51

business Funding Bankruptcy Genesis denies 'imminent' plans to file for bankruptcy

Cryptocurrency lending company Genesis has refuted speculation that it is planning an "imminent" bankruptcy filing should it fail to cover a $1 billion shortfall caused by the fall of crypto exchange FTX.

22.11 / 01:51

business European Union Two Estonians accused of $575 million cryptocurrency fraud scheme

Two Estonian citizens were arrested in Tallinn, Estonia after having been charged with their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy, the US Justice Department revealed on Monday.

22.11 / 01:43

business Conference High sentiment in FTX's shadow: event recap for Texas Blockchain Summit

Apparently, not everything is bigger in Texas. At least not in the days following a major crypto exchange declaring bankruptcy.

21.11 / 20:17

business FTX Bankruptcy Withdrawals FTX Japan plans to resume withdrawals by 2023: Report

Crypto exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals by the end of 2022.

21.11 / 17:21

business European Union Four Russian ‘torture’ sites discovered in Kherson, says Ukraine

Ukrainian prosecutors say they have discovered four Russian "torture sites" in the southern city of Kherson.

21.11 / 16:21

business Binance Investments Bitcoin Binance makes moves in hardware wallet industry with new investment

The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave.

21.11 / 13:43

business Government regulation US court Celsius bankruptcy Celsius bankruptcy victims get proof-of-claim deadline from US court

The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new filing deadline.

21.11 / 13:29

business economy Cinema 'Worst winter of our lives': Ukrainian capital prepares for cold and dark times ahead

The situation in Ukraine's capital and other major cities has deteriorated drastically following the largest missile attack on the country's power grid on Tuesday.

21.11 / 13:29

business economy Cinema Indonesia earthquake: '46 dead and 700 injured' as 5.6 tremor strikes main island of Java

Dozens of people are feared dead and some 700 injured after an earthquake shook Indonesia's main island of Java on Monday, damaging buildings and sending people scrambling for safety.

21.11 / 12:49

business Bitcoin FTX-owned Liquid exchange pauses all trading after withdrawal halt

Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all forms of trading” because of the operation of the Chapter 11 process in the Delaware courts.

21.11 / 10:35

business Blockchain Disney virtual reality Disney brings back Bob Iger as CEO: Here's the crypto connection

Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.

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