Business Financial News

19.07 / 21:07

business European Union regulatory Crypto.com secures regulatory license in Italy

Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.”

19.07 / 16:13

business Blockchain Adoption Health Blockchain without crypto: Adoption of decentralized tech

A blockchain can be seen as a distributed database whose information is stored across every node running the network. Because the database is distributed among those running the network, it guarantees data stored within it is accurate and securely stored.

19.07 / 16:13

business Sport Bitcoin market volatility crypto market volatility UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility

Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage.

19.07 / 15:59

business Blockchain Ethereum DAO Ethereum Community Conference 5: How can DAOs combat hostile takeovers?

At the Ethereum Community Conference 5 in Paris, France, a presenter explored decentralized autonomous organizations (DAO) and what countermeasures they could employ against hostile takeovers.

19.07 / 12:59

business Technology World Bitcoin Crypto Whale Crypto whale watching: Why investors should track them to generate profit

Imagine swimming alongside a whale in the middle of an ocean — the experience can be reassuring or frightening, depending on your proficiency at swimming and your comfort with the largest mammal on earth. Now, apply the same concept to the crypto world and you’ll get the picture of what it could mean to follow the crypto whale.

19.07 / 08:51

business Mining Mining Pools Marathon Marathon inks new arrangements to achieve 2023 hash rate target

Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network.

19.07 / 08:41

business Technology Art Christie’s rolls out its first venture capital fund as VC makes debut bet on LayerZero Labs

Art and luxury auction house Christie’s on July 18 announced that it is launching its first venture capital fund called Christie’s Ventures which will invest in emerging technology and fintech solutions relevant to the art market.

19.07 / 06:43

business Blockchain lending Bankruptcy Lawyers rights Celsius lawyers claim users gave up legal rights to their crypto

Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the firm’s lawyers.

19.07 / 01:33

business SoftBank Court Time 3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled

The liquidators of failed crypto hedge fund Three Arrows Capital (3AC) have filed an application in the High Court of Singapore for a stay on claims against 3AC and access to the company’s Singapore headquarters. The liquidators said in the 1,157-page document that a court decision is needed in light of the number legal proceedings that may arise in the near future and the “virtual radio silence from the management/directors of the Company.”

18.07 / 22:27

business Gemini Job Gemini cuts more staff as many crypto prices increase: Report

Cameron and Tyler Winklevoss’ Gemini has reportedly laid off additional staff more than a month after reports suggested the cryptocurrency exchange cut 10% of its employees.

18.07 / 19:49

business Art Investments Auction Christie's launches venture fund aimed at Web3 and blockchain investments

Christie's, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption of art.”

18.07 / 19:49

business Adoption Investments Venture Capital Web3 dominates venture capital interest in blockchain industry in Q2 2022

Cointelegraph Research brings an analysis of all the deals and trends from venture capital (VC) in the blockchain industry during the second quarter of 2022.

18.07 / 18:25

business Government Stablecoin Bitcoin Backed ‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin

The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.

18.07 / 15:27

business Europe coinbase AML Coinbase secures crypto asset service provider approval in Italy

The United States-based cryptocurrency exchange Coinbase continues aggressive European expansion by securing approval to offer crypto services in Italy.

18.07 / 14:09

business Binance Europe Binance fined $3M over illegal operations in the Netherlands

Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country.

18.07 / 13:09

business Blockchain Adoption FTX CEO: Blockchain can make social media interoperable

While the critics cast doubts on some of blockchain’s use cases during the crypto winter, one of the most prominent community figures laid out some points that cement blockchain’s position as a disruptive technology.

18.07 / 11:35

business Technology cryptocurrency World Crypto investors: How to prevent the rug being pulled from under you

Blockchain technology brought together the security of cryptography and the accessibility of the internet and promised to revolutionise the way the world transacts in finance. There would be no need for central banks and other intermediaries like banks and information would be stored securely, making it impossible for other users to add, delete or change.

18.07 / 07:03

business Blockchain NFT virtual reality 500 Otherside Metaverse demo kicks off with 4,500 participants: highlights

Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

18.07 / 00:11

business Adoption Energy Bitcoin Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?

A July 9 post by @PricedinBTC on the "cost to mine Bitcoin" in the United States gathered the crypto community's attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a perfect storm for the mining sector and this has led some companies to lay off employees and others to defer all capital expenditures. Some went as far as raising concerns of Bitcoin miners hitting a “death spiral.”

17.07 / 09:29

business Adoption Trading Bitcoin Bitcoin Whale What is Bitcoin whale watching and how to track Bitcoin whales?

Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate market prices, it becomes paramount for the general Bitcoin (BTC) investors to understand the nuances that make one a whale and their overall impact on trading.

17.07 / 05:17

business Blockchain Ethereum Gaming Axie Infinity: Re-engineering its destiny in the GameFi landscape

Axie Infinity, the blockchain-based game that has popularized the play-to-earn gaming model, often invites awe and suspicion. The game has created a new type of job market and allows a quick return for game investors. However, its highly volatile in-game crypto (the Smooth Love Potion, or SLP), the hacking of its Ronin chain, and the resulting new digital inequality pose threats to its existence. Axie is a form of “extreme entrepreneurship,” wherein success and failure can happen almost overnight, subject to the dynamics of SLP. Many predictions have been made regarding Axie’s coming collapse and lost trust among its players. Can Axie rise to its former glory amid the crypto winter and uncertain global economy?

Business Financial News

popular questions about business

What is business and why is it relevant?

Where can I find the latest updates on business?

How can I verify the accuracy of information on business?