Business Financial News

17.10 / 10:43

business Trading coinbase Liquidity Bitcoin Trading Pairs Coinbase suspends 80 non-USD trading pairs to improve liquidity

The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform.

17.10 / 07:27

business Stablecoin Trading Altcoin data KYC user data TrueCoin’s third-party vendor breach potentially leaks TUSD user data

Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised.

17.10 / 05:21

business Law NFT regulation Court Opensea NOT ‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal

Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical ears.

17.10 / 04:51

business Law regulation FTX Court Bankruptcy 2024 Customers FTX customers could get $9B shortfall claim payout by mid-2024

Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX creditors and debtors.

16.10 / 21:59

business Blockchain Cointelegraph Clarification on sharing false spot Bitcoin ETF news

Dear Cointelegraph readers,

16.10 / 17:11

business Blockchain Binance Binance halts onboarding of new UK users

Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.

16.10 / 13:47

business Adoption Investments Tokens Real Estate cryptocurrency investment Stock Investment Token adoption grows as real-world assets move on-chain

While critics wrote off much of the initial hype surrounding the tokenized real-world asset (RWA) market, the sector has been on a tear over the past year or so. In fact, Boston Consulting Group expects the tokenization of global illiquid assets to be a $16 trillion industry by the end of the decade.

16.10 / 12:51

business Investments Tokens Bitcoin Crypto yield platform Haru Invest to suspend server

Troubled cryptocurrency platform Haru Invest plans to suspend its server a few months after halting withdrawals in June 2023.

16.10 / 05:46

business Adoption regulation Australian Australian Crypto Australian crypto exchanges look to new licensing regime with cautious optimism

Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.

16.10 / 03:27

business Adoption SEC Grayscale Court Bitcoin Bitcoin ETF approval ETF approval Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval

Grayscale’s Bitcoin investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two years, as spot Bitcoin ETFs continue to inch toward potential approval in the United States.

16.10 / 02:41

business FTX Court Trial Sam Bankman-Fried requests long-acting Adderall to focus during trial

FTX co-founder Sam Bankman-Fried has asked a United States judge for long-release Adderall, saying he’s finding it hard to concentrate properly during his criminal trial.

16.10 / 01:19

business regulation Upbit exchanges Central Bank South Korean exchange Upbit gets initial license nod from Singapore

The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a Major Payment Institution (MPI) license in Singapore.

15.10 / 23:47

business Adoption regulation NOT Australian Australian Treasury proposes to regulate crypto exchanges, not tokens

The Australian federal government is charging forward with plans to regulate the digital asset sector at the exchange level, and may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator.

15.10 / 13:15

business Trading Canon's new technology competes with ASML in chip manufacturing

Canon, the Japanese company recognized for its printers and cameras, unveiled a pivotal solution on Friday, Oct. 13, designed to aid in the production of cutting-edge semiconductor components.

14.10 / 19:45

business Blockchain solana FTX estate stakes 5.5M Solana coins

FTX estate seems to be bullish on Solana’s native token SOL (SOL), as it staked over 5.5 million in SOL coins on Oct. 13. According to on-chain data, an FTX-identified wallet sent the coins to Figment, a staking validator firm for institutional investors.

14.10 / 17:19

business wallet MetaMask Apple briefly pulls MetaMask from App Store

Ethereum wallet MetaMask went offline on Oct. 14 for several hours on Apple's App Store, raising concerns about its removal. MetaMask claims to have over 30 million users. The wallet is connected to a range of Web3 decentralized applications (DApps)

13.10 / 23:03

business FTX Bankruptcy Caroline Ellison desired to step down but feared a bank run on FTX

Caroline Ellison wasn't doing a good job leading Alameda Research in 2022, and she did not hide it. Pieces of her personal notes shared as evidence by prosecutors on Sam Bankman-Fried's trial revealed details about the trading firm's struggles and its CEO's desire to resign weeks and months before the collapse of FTX.

13.10 / 23:03

business security US authorities monitor China-linked Bitcoin miners amid national security concerns: Report

Officials within the United States government were reportedly keeping tabs on certain cryptocurrency mining operations with ties to China.

13.10 / 20:17

business Microsoft Gaming Metaverse Blockchain Game Activision Microsoft's Activision buy may see more metaverse in the office and crypto in gaming

A lot was said about the metaverse when the Microsoft deal to acquire Activision Blizzard was announced in January 2022. The attention mainly was on business communications, rather than gaming. If public statements and leaked documents are any guide, the Activision deal could promise more for the future of crypto than the metaverse.

13.10 / 13:55

business stocks Stock Market Indexes Returns Stock markets across Asia and Europe bleed red as interest rate woes returns

Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September consumer price index showed no growth. Markets pundits say weak economic indicators from China could become a cause of concern for the global economy.

13.10 / 12:09

business Stablecoin Adoption Tether Fiat Money Dollar Tether stablecoin firm appoints CTO Paolo Ardoino as CEO

Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.

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