Business Financial News
13.10 / 12:09
business
Blockchain
regulation
FTX
Caroline Ellison: Secret recording offers trove of explosive revelations
The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives.
13.10 / 08:03
business
Technology
Google
copyrights
Google to protect users in AI copyright accusations
Google has announced its commitment to protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms in cases where they face allegations of intellectual property infringement. This move aligns Google with other companies, such as Microsoft, Adobe and more, which have also made similar assurances.
13.10 / 08:03
business
regulation
FTX
Court
Trial
hedge fund
Secret Alameda recording reveals exact moment staff learned about FTX deposits
A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund was “borrowing” user funds from FTX.
13.10 / 08:03
business
Law
CFTC
regulation
Fraud
Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner
A commissioner for the United States Commodity Futures Trading Commission has slammed Voyager Digital for its mistakes that eventually led to the loss of billions of dollars in customer funds.
13.10 / 04:49
business
Law
regulation
Court
Futures
Crypto trader pleads guilty to ‘cherry picking’ futures scheme
The former CEO of a Miami-based investment firm has pled guilty to a conspiracy to commit commodities fraud involving crypto futures contracts and now faces up to five years in prison.
12.10 / 22:03
12.10 / 18:06
business
Blockchain
Technology
Adoption
Mastercard announces successful wrapped CBDC trial results
Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH).
12.10 / 18:05
business
Europe
stocks
UK government
stock exchange
Stock Market Indexes
Stocks across Asia and Europe rise on Economic growth indicators
Stock markets in the Asia-Pacific region and Europe saw gains on Thursday. This uptick was attributed to the United Kingdom’s economic recovery, China’s recent stimulus measures and expectations surrounding the United States Consumer Price Index.
12.10 / 12:19
business
Blockchain
Binance
regulation
Circle
Binance Coin
Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report
A senior judge in the Columbian district court has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the United States Securities and Exchange Commission against the crypto exchange Binance ahead of the crucial hearing.
12.10 / 12:19
business
Blockchain
Crypto lending invalidated by Chinese court in second landmark ruling
A second Chinese court has ruled that crypto lending is an activity outside the protection of the country’s legal system.
12.10 / 10:41
business
FTX
Court
Trial
FTX Token
Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds
Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and the former CEO of Alameda Research, has claimed in her courtroom testimony that SBF bribed Chinese officials for millions of dollars to unfreeze funds locked in local exchanges.
12.10 / 09:15
business
hacks
regulation
Scams
Fraud
FTX
Trial
whistleblower
Lost
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
FTX’s sister hedge fund, Alameda Research, lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm.
12.10 / 09:15
business
SEC
Ark
Bitcoin
ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval
A recent amendment to ARK Invest and 21Shares’ joint spot Bitcoin (BTC) exchange-traded fund (ETF) application could be seen as a “good sign” of progress and impending approvals.
12.10 / 09:15
business
Hardware Wallet
Trezor
Bitcoin
Self Custody
Seed Phrase
Trezor releases new hardware wallet and metal private key backup
Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet.
12.10 / 09:15
business
Scams
Court
Internet
BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent
Investment giant BlackRock has called for a crackdown on a range of potentially scammy domains and “typosquatting” websites it alleges are taking advantage of its name.
12.10 / 09:15
business
Blockchain
Binance
coinbase
spot trading
Coinbase spot trading volume falls by 52% compared to 2022: Report
The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto trading.
12.10 / 01:54
business
Investments
Bankruptcy
hedge fund
network
WOO Network to sever ties with Three Arrows Capital after share buyback
Crypto exchange WOO Network is set to sever all remaining ties with bankrupt Three Arrows Capital, after reaching a settlement to buy back shares and tokens previously acquired by the crypto hedge fund.
12.10 / 00:39
business
FTX
Binance, Snapchat and capital among things SBF was 'freaking out about'
Weeks and months before the collapse of crypto exchange FTX, former CEO Sam Bankman-Fried was “freaking out” about Alameda, buying shares in Snapchat, raising capital from Saudi royalty, and getting regulators to crack down on rival crypto exchange Binance.
11.10 / 22:43
11.10 / 21:55
business
Investments
Interest rates
Bitcoin
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
Investing legend Paul Tudor Jones has revealed that he’s bearish on stocks and bullish on gold and Bitcoin (BTC).
11.10 / 17:53
business
Blockchain
Technology
CoinMarketCap launches ChatGPT plugin
Crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, has created a novel plugin for the large-language model (LLM)-based AI chatbot ChatGPT.
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