Business Financial News

13.06 / 13:29

business Blockchain Social Media Bitcoin Crypto winter survival guide: Community shares game plan for the bear market

Crypto newcomers are troubled about deciding their next move as the market becomes unpredictable. Because of this, crypto community members handed out their advice to those trying to navigate through the cold crypto winter.

13.06 / 12:55

business Binance litecoin Support Binance ends support for anonymous Litecoin transactions

Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade.

13.06 / 12:55

business Blockchain Investments Bitcoin Nexo offers to buy out Celsius’ loans amid withdrawal suspension

There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out.

13.06 / 06:59

business Adoption Charity Donations Pennsylvania pharmacist feeds thousands of homeless using crypto

Pennsylvania-based pharmacist Kenneth Kim had always “wanted to do something with crypto” that could “make the world a better place”.

12.06 / 14:39

business Ethereum Twitter Social Media Yuga Labs Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved

Gordon Goner, the pseudonymous co-founder of Yuga Labs, issued a warning about a possible incoming attack on their social media accounts under the Yuga Labs umbrella after receiving “credible information” that an insider from Twitter would help bypass the security of the accounts.

12.06 / 13:01

business Blockchain Art Adoption UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues including climate change.

12.06 / 13:01

business Blockchain Tether Bitcoin Cash Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years.

12.06 / 12:49

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today June 12: Bitcoin down 4%, Ethereum slumps 11%

Cryptocurrencies traded in the red early on June 12. The global crypto market cap is $1.13 trillion, a 5.09 percent decrease over the last day. The total crypto market volume over the last 24 hours is $71.55 billion, which makes a 6.14 percent increase.

11.06 / 17:15

business Adoption proof-of-work Bitcoin Bitcoin and banking’s differing energy narratives are a matter of perspective

The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities.

11.06 / 16:35

business Blockchain Adoption Bitfinex Innovation in fiat on-ramps can overcome crypto's expensive card fees

Being in crypto is all about taking an intelligent view towards money. We know that Bitcoin (BTC) is the future, both as a store of value and also as a means of payment, as layer 2 solutions such as the Lightning Network begin to flourish. It is, therefore, vital that every cryptocurrency user makes sure that they always obtain the most competitive price for every service. While millions of crypto users convert fiat to crypto using a debit or credit card, this is by no means a low-cost choice.

11.06 / 13:19

business Technology Adoption Gaming Here’s how the Metaverse enables inclusivity for genderqueer people

In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and it provides new meaning for those with gender dysphoria or who identify as genderqueer.

11.06 / 11:31

business Court Bitcoin Financial Coin Center takes US Treasury to court over alleged financial spying

Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in the controversial infrastructure bill.

11.06 / 09:15

business Blockchain ATM Bitcoin recovery Bitcoin ecosystem makes a U-turn recovery in global ATM installations

Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year.

11.06 / 06:29

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today June 11: Bitcoin down over 2%, Cardano slumps 6.5%

Cryptocurrencies traded in the red early on June 11. The global crypto market cap stood at $1.19 trillion, down 2.91 percent from Friday. The total crypto market volume over the last 24 hours increased 11.34 percent to $67.62 billion.

11.06 / 00:57

business NFT coinbase Armstrong tweets in public airing of Coinbase's internal discontent

A disgruntled Coinbase employee, identified only as 0x58E3, created a petition on Mirror.xyz on Thursday calling for the removal of three company executives. The petition, titled Operation Revive COIN, has been taken down, but it was captured by the Internet Archive and other websites. Coinbase CEO Brian Armstrong responded to it at length on Twitter.

11.06 / 00:11

business Stablecoin Funding Usd Coin Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2-8

Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown of the Terra ecosystem left little doubt that algorithmic stablecoins don’t have a future beyond Do Kwon’s fantasies. Pesky regulators are constantly poking and prodding at dollar-pegged assets in order to carve out firmer rules on their usage.

10.06 / 23:41

business Twitter Stablecoin community Withdrawals Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Reports that Terra (LUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their opinions on the matter.

10.06 / 21:27

business Government Blockchain regulation CZ visits Palau to kick off BNB Chain-supported ID NFTs for digital residency program

The Republic of Palau announced Friday that it will issue identification cards to its digital residents in the form of nonfungible tokens (NFTs) on Binance’s BNB Chain blockchain. Binance founder and CEO Changpeng Zhao (CZ) was on hand in the Pacific Island nation for the unveiling of the NFTs and to meet with Palauan President Surangel S. Whipps, Jr.

10.06 / 20:09

business Funding Huobi Venture Capital Huobi Global launches $1B investment arm focused on DeFi and Web3

Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy.

10.06 / 17:23

business Law NFT copyrights rights NFT holders can earn millions through IP rights, says Apocalyptic Apes founder

While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop.

10.06 / 16:07

business Blockchain Technology Adoption AIM Bear market: Some crypto firms cut jobs while others aim for sustainable growth

To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%.

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?