Business Financial News

29.09 / 21:47

business Facebook NFT Instagram Meta introduces NFT crossposting and sharing on Instagram

Meta, Facebook and Instagram's parent company, announced another development in its digital arts initiative. As of Sept. 29, all users on both platforms can connect wallets and share nonfungible tokens (NFTs) across 100 countries.

29.09 / 16:41

business Europe marketing Bitcoin Crypto startup to save iconic fiat money sculpture with 1M euros funding

The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic Euro monument in Frankfurt.

29.09 / 09:35

business Adoption UAE Ministry of Economy opens up new headquarters in the Metaverse

The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse.

29.09 / 09:07

business SEC security lending Nexo ‘surprised’ by state regulators' actions, says co-founder

Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities violations.

29.09 / 07:17

business Blockchain Stablecoin Usd Coin expansion Multichain Circle Product VP: USDC chain expansion part of 'multichain' vision

USD Coin (USDC) issuers Circle have announced that it will soon roll out its stablecoin across five additional networks including Polkadot, Optimism, NEAR, Arbitrum and Cosmos.

29.09 / 05:23

business Blockchain regulation SEC CTFC commissioner proposes office focused on retail crypto investors

Commodity Futures Trading Commissioner (CFTC) Caroline Pham has proposed the creation of an “Office of the Retail Advocate” aimed at expanding the CFTC's consumer protection mandate.

29.09 / 04:05

business defi Liquidity Loans Maple Finance CEO: Separating risk from lending saved DeFi from market crash

Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the prolonged crypto market slump.

29.09 / 04:05

business Blockchain Gaming Illuvium Illuvium co-founder shares plans for new ‘interoperable blockchain game’ model

Kieran Warwick, co-founder of the blockchain role-playing game Illuvium has lifted the curtain on a gaming concept he says has never been done before — the interoperable blockchain game (IBG).

29.09 / 01:01

business Airlines Ursula von der Leyen Russia expected to proclaim annexation of occupied Ukrainian territories within days

Russia positioned itself Wednesday to announce the annexation of four occupied areas of Ukraine where 'sham' referenda - denounced as being unlawful by the West - had been held.

29.09 / 00:41

business Blockchain lending Genesis director to step down and move into advisory role

On Wednesday, Matthew Ballensweig, managing director of cryptocurrency broker Genesis, announced via Linkedin that he was formally leaving his post after over five years of tenure. Ballensweig is also the co-head of sales and trading. As told by Ballensweig, he has been transitioning his core responsibilities to a handful of trusted colleagues who will be taking the front-line role.

28.09 / 23:35

business exchanges Auction Bankruptcy NOT Financial Voyager's auction did not serve depositors' best interests, alleges Wave Financial rep

The assets of crypto brokerage firm Voyager Digital would face a drastically different fate if FTX did not win the bid, claimed a spokesperson of Wave Financial while speaking to Cointelegraph. The spokesperson arguin that better bids were on the table, but they "were passed over for strictly cash offers."

28.09 / 23:05

business Blockchain Circle Circle CEO says blockchain industry is transitioning from dial-up to broadband phase

At the Converge22 conference in San Francisco, Jeremy Allaire, CEO of stablecoin issuer Circle, said that the world is finally moving from the speculative value phase of crypto to the utility phase. Drawing parallels to the early days of the internet, he said:

28.09 / 20:57

business Blockchain security CertiK says SMS is the 'most vulnerable' form of 2FA in use

Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts. After all, many users are already trading their cryptos or managing social pages on their phones, so why not simply use SMS to verify when accessing sensitive financial content?

28.09 / 19:33

business Funding Pantera Capital Pantera plans to raise $1.25B for second blockchain fund: Report

Dan Morehead, founder and CEO of Pantera Capital, reportedly said the hedge fund was planning to raise $1.25 billion for a second blockchain fund.

28.09 / 17:55

business security dutch Backlog for Dutch asylum applicants as high as during the 2015 migrant crisis

The backlog of asylum applications in the Netherlands is almost as high as during the 2015 refugee crisis, according to new data.

28.09 / 16:41

business solana Developers Funding Solana tech developer Coral raises $20M, plans to launch 'xNFT' protocol

Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for launching its new interactive wallet later this month.

28.09 / 15:31

business Adoption Investments MetaMask Features MetaMask adopts custodial features for NFT-hungry institutional investors

Institutional investment is pouring into the crypto world, notably the nonfungible token (NFT) scene. In a reaction to the influx, MetaMask Institutional announced another addition to its custodial services offerings for institutional-level clients.

28.09 / 14:59

business Energy Norway and Denmark tighten security around energy infrastructure after pipeline 'attack'

Norway and Denmark will increase security and surveillance around their energy infrastructure sites after the alleged sabotage of Russia's Nord Stream gas pipeline in the Baltic Sea.

28.09 / 14:55

business Adoption Sport karate Pro sports league Karate Combat to launch DAO for fan, athlete governance

Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and athletes.

28.09 / 11:11

business defi lending FTX reportedly considers bailing out Celsius via asset bid

Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Coincidently, the information came out the same day Alex Mashinsky resigned as the CEO of Celsius.

28.09 / 03:09

business Blockchain Gaming 3 'blockbuster' titles that could save GameFi — ABGA President

Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help propel GameFi into the mainstream and rescue it from the bear market.

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