Business Financial News

02.09 / 09:13

business Blockchain Adoption Ripple Think tank launches ‘technical sandbox’ exploring United States CBDCs

A U.S. think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC).

02.09 / 08:23

business Adoption Binance CZ hits back at claims Binance is a Chinese company

Binance CEO Changpeng Zhao (CZ) has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”

02.09 / 06:01

business Blockchain Law avalanche Ava Labs class action Tether requests Roche Freedman to be booted from class action

USDT-issuer Tether wants law firm Roche Freedman “terminated” as counsel from the Bitfinex and Tether class action lawsuit following a motion from Kyle Roche to be removed as counsel in the case.

02.09 / 06:01

business regulation Banks Bankruptcy Withdrawals Customers Celsius files to reopen withdrawals for a minority of customers

Beleaguered crypto lender Celsius Network has filed a motion with the United States Bankruptcy Court yesterday to allow customers with digital assets held in certain accounts to be withdrawn.

01.09 / 23:15

business privacy security Decentralized Exchange Crypto users Crypto users push back against dYdX promotion requiring face scan

Many users on social media have been lambasting decentralized exchange dYdX over the identification verification process to receive a sign up and deposit bonus of $25.

01.09 / 19:59

business Blockchain Medicine Mayo Clinic taps into blockchain technology for clinical trial design

On Thursday, Dutch blockchain startup Triall announced that it has partnered with American nonprofit medical center Mayo Clinic to optimize clinical trial design and the management of study data. Starting this September, Triall's eClinical platform will support a two-year multi-center pulmonary arterial hypertension clinical trial that includes 10 research sites and more than 500 patients across the United States.

01.09 / 18:17

business Sport Europe Deal Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report

Cryptocurrency exchange Crypto.com has reportedly dropped out of a half-billion-dollar sponsorship deal with the Union of European Football Associations Champions League.

01.09 / 16:19

business Blockchain Law Ava Labs Leak Kyle Roche files to withdraw from class-action practice after video leak

In the wake of allegations made by Crypto Leaks, high-profile crypto lawyer Kyle Roche has filed to withdraw as counsel on several crypto class-action lawsuits.

01.09 / 16:19

business defi Trading DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec

The decentralized finance (DeFi) ecosystem scored another win against traditional finance, often called TradFi, with a former Morgan Stanley executive launching a DeFi protocol.

01.09 / 14:55

business Blockchain defi hacks DeFi protocol shuts down months after the Rari Fuse hack

Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum that the Rari Fuse exploit caused.

01.09 / 14:39

business Binance regulation end Indonesia plans to set up its crypto bourse by the end of 2022

The government of Indonesia returned to its plan to set up a digital assets exchange, publicly announced first time back in 2021. A so-called “crypto bourse” is planned to be established by the end of 2022.

01.09 / 14:39

business Law Court Bitcoin US court Tens of Celsius clients ask US court to recover $22.5M in crypto

The bankrupt cryptocurrency lender Celsius is facing more legal issues as disgruntled clients are taking action to recover their funds after the platform froze withdrawals in June.

01.09 / 06:47

business Blockchain Adoption Ripple Ripple's plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being "deprioritized" by the new administration.

01.09 / 05:47

business Blockchain Adoption Investments Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters

The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms.

01.09 / 05:47

business Blockchain Scams Monero Sneaky fake Google Translate app installs crypto miner on 112,000 PCs

Crypto mining malware has been sneakily invading hundreds of thousands of computers around the world since 2019, often masquerading as legitimate programs, such as Google Translate, new research has found.

01.09 / 03:39

business Adoption Digital virtual reality Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs

Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse.

01.09 / 00:19

business Payments Bitcoin Hardware wallet Trezor enables direct crypto purchases with MoonPay

Hardware walletcompany Trezor is moving to enable direct crypto purchases with a new partnership with the crypto fintech startup MoonPay.

31.08 / 22:19

business Stablecoin Adoption Usd Coin Trading Pairs Support Bybit expands spot USDC trading pairs as support for stablecoins grows

Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USD Coin (USDC) — a move the company says will increase retail and institutional access to USDC-settled products.

31.08 / 21:35

business Blockchain NFT ad Twitter brings back suspended NFTs accounts as Solana threatens to pause ad spend

Early Wednesday, Twitter suspended access to nine accounts associated with promoting nonfungible tokens, or NFTs, on the Solana (SOL) ecosystem. The move comes just ahead of the highly anticipated launch of the y00ts NFT collection, a follow-up to DeGods, the most popular NFT collection on Solana, this Friday. Shortly after the suspension, Austin Federa, head of communications at the Solana Foundation, stated:

31.08 / 19:47

business UPS CEO Cointelegraph Cointelegraph promotes Wes Kaplan to CEO, Jay Cassano joins advisory board

Cointelegraph has appointed Wes Kaplan, the company’s thriving chief business development officer, as the new CEO of Cointelegraph. He takes over leadership from award-winning journalist Jay Cassano, who has served as CEO since September 2020 after joining as editor-in-chief in mid-2019.

31.08 / 17:03

business Europe European Union Energy Eurozone hits record inflation of 9.1% amid gas and energy crisis

August marks the ninth consecutive month of rising inflation for the Eurozone at 9.1%. In July, the official inflation numbers landed at 8.9%. The Eurozone consists of 19 countries, including Germany, France and Belgium.

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