Business Financial News

29.08 / 18:49

business Investments CME Euro CME Group launches euro-denominated Bitcoin and Ether futures

Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts.

29.08 / 17:55

business Law Court Where in the world are the 3AC founders? Speculations abound

The creators of Three Arrows Capital are missing, according to reports, when court-appointed liquidators visited the firm's Singapore headquarters recently, all they discovered was a locked door and a stack of outdated mail.

29.08 / 13:01

business Ripple XRP SEC Ripple CEO comments on Crypto Leaks, denies funding law firm to target others

Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news in the crypto ecosystem.

29.08 / 13:01

business marketing advertisement Bitcoin Dubai issues crypto marketing rules to better protect investors

Amid Dubai moving forward with a new license program for cryptocurrency service providers, local regulators are introducing additional marketing and advertising rules for the industry.

29.08 / 09:41

business Blockchain Technology Art Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more

American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse.

29.08 / 09:41

business Stablecoin Tether fall Render 0.3% fall in assets "could render Tether technically insolvent" — WSJ

An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position that even a 0.3% drop in value of its reserve assets could “render Tether technically insolvent.”

29.08 / 06:23

business stocks Bitcoin Bitcoin Price Low Penny Low cap crypto is like penny stocks, says Wolf of Wall Street

Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility.

29.08 / 06:07

business Blockchain CFTC SEC Ava Labs Ava Labs CEO denies CryptoLeaks' claims as 'conspiracy theory nonsense'

Ava Labs CEO Emin Gün Sirer has dismissed sensational allegations from CryptoLeaks that his company used litigation to “harm” competitors and fool regulators, labeling it as “conspiracy theory nonsense.”

28.08 / 15:41

business regulation Altcoin DAO MakerDAO co-founder recommends DAI-USD depegging to limit attack surface

In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO).

28.08 / 14:09

business Blockchain Adoption GameFi investors are now prioritizing fun factor over money: Survey

GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential.

27.08 / 08:11

business Blockchain Ethereum Upgrade Future Hetzner anti-crypto policies: A wake-up call for Ethereum’s future

Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations for both proof-of-stake (PoS) and proof-of-work (PoW) applications.

27.08 / 00:27

business Ethereum coinbase Coinbase says it will 'evaluate any potential forks' following the Merge

Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise.

26.08 / 22:45

business Netflix 'Anything is possible' — John McAfee's wife responds to faked death claims

The wife of crypto evangelist and computer programmer John McAfee has responded to a claim made by her husband's ex-girlfriend that he faked his death and was currently in hiding.

26.08 / 22:44

business Provident Arrow Bankruptcy 3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report

According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug. 22.

26.08 / 22:43

business Stablecoin Decentralized Exchange Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway

Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the Oracle of Omaha would rather get a 3% yield instead of playing the stock market. If equities go belly-up in the fall, as I’ve been predicting for months, expect Bitcoin (BTC) to follow.

26.08 / 16:25

business Adoption Investments Trading How to tell if a cryptocurrency project is a Ponzi scheme

The crypto world has experienced an increase in Ponzi schemes since 2016 when the market gained mainstream prominence. Many shady investment programs are designed to take advantage of the hype behind cryptocurrency booms to beguile impressionable investors.

26.08 / 16:07

business Government Court recovery Celsius bankruptcy Celsius bankruptcy proceedings show complexities amid declining hope of recovery

The Celsius Network is one of many crypto lending firms that has been swept up in the wake of the so-called “crypto contagion.”

26.08 / 13:41

business Central Bank Bitcoin Singapore MAS examines crypto firms ahead of new regulations: Report

The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues.

26.08 / 07:43

business SEC Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

Asian crypto exchange Zipmex has requested meetings with Thailand's Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.”

26.08 / 05:57

business Blockchain Adoption security Don't trust your coins to anyone, Ledger CEO warns

The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to manage our financial assets and data, according to CEO Pascal Gauthier of hardware wallet Ledger, who has urged people to take on more responsibility.

26.08 / 00:53

business Investments Venture Capital Alameda Research and FTX merge VC operations: Report

Sam Bankman-Fried’s cryptocurrency exchange FTX’s investment arm has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market.

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