Business Financial News

25.05 / 07:23

business cryptocurrency Davos Bitcoin Cryptocurrency Prices Today May 25: Bitcoin up, Binance Coin biggest gainer

Major cryptocurrencies traded in the green early on May 25 as the global crypto market cap increased 2.29 percent to $1.29 trillion over the last day. On the other hand, the total crypto market volume over the last 24 hours dropped 14.56 percent to $71.64 billion.

25.05 / 04:23

business Trump Fried Sam 2024 Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback

The billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns.

24.05 / 16:55

business Blockchain Stablecoin Bitcoin WEF 2022: Blockchain community breaks stereotypes at Davos

On the second day of Global Blockchain Business Council's (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going.

24.05 / 16:21

business regulation Bitcoin Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners

In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join a special registry and a one-year tax amnesty for all those who've registered. As the reasoning goes, the previous draft would lead to federal budget losses.

24.05 / 12:05

business Blockchain Adoption ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization.

24.05 / 11:55

business Blockchain Adoption Bitcoin Updates WEF 2022, May 24: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).

24.05 / 08:55

business Blockchain Trading stocks FTX reportedly shopping for brokerages in preparation for stock trading

Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading.

24.05 / 06:19

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today May 24: Bitcoin down, Cardano biggest laggard

Major cryptocurrencies traded in the red early on May 24 as the global cryptocurrency market cap dropped 2.05 percent to $1.26 trillion over the last day. On the other hand, the total crypto market volume over the last 24 hours jumped 36.09 percent to $83.88 billion.

23.05 / 20:25

business Blockchain Technology Adoption GameStop unveils beta cryptocurrency wallet and upcoming NFT platform

American electronics retail firm GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will feature nonfungible token functionality.

23.05 / 17:45

business Blockchain Adoption Bitcoin Crypto inheritance: Are HODLers doomed to rely on centralized options?

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.

23.05 / 16:13

business event Blockchain World Economic Forum WEF 2022: Serious people to stay in crypto despite market setbacks, says CCI CEO Sheila Warren

During the World Economic Forum (WEF) 2022, Sheila Warren, the CEO of Crypto Council of Innovation (CCI), sat down with Cointelegraph to discuss a range of topics including the state of crypto, decentralized autonomous organizations (DAO) and safety within the metaverse.

23.05 / 13:29

business Ripple XRP security WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.

23.05 / 13:29

business Blockchain PayPal Bitcoin services WEF 2022: PayPal looks to embrace all possible crypto and blockchain services

Global payment giant PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its services, according to a senior executive at the firm.

23.05 / 11:51

business Blockchain Stablecoin supply Do Kwon shares LUNA burn address but warns 'LUNAtics' against using it

The recent Terra revival plan announced by Do Kwon, the co-founder and CEO of Terraform Labs, received mixed reactions as many questioned the effectiveness of a hard fork in reviving the fallen prices of LUNA and UST tokens. Instead, the part of the community recommended burning LUNA tokens as the most plausible way to achieve a comeback.

23.05 / 10:27

business Blockchain Adoption community Slack Near Protocol picks up slack, onboards Tracer following Terra's downfall

For many Level 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But how does one make the right move, especially after knowing the unfortunate fate of their initial platform of choice?

23.05 / 10:27

business Blockchain Adoption Africa crypto startups Venture funding for African crypto startups grew 11x in 2022: Report

As the African region continues to adopt crypto and blockchain, more venture funding flowed into the continent in 2022’s first quarter compared to the first quarter of 2021, according to a new report by blockchain-investment firm Crypto Valley Venture Capital (CV VC) and Standard Bank.

22.05 / 16:51

business Blockchain Adoption Bitcoin Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

Twelve years ago today, on May 22, 2010, programmer and early Bitcoin (BTC) miner Laszlo Hanyecz made history when he traded 10,000 BTC for two large pizzas. It was the first real-world cryptocurrency transaction, and media attention from the act legitimized Bitcoin in a big way.

22.05 / 09:53

business Lightning Network lightning Bitcoin Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia:

21.05 / 18:25

business Blockchain Adoption Gaming Future Crypto gaming and the monkey run: How we should build the future of GameFi

You’ve seen it before. An amazingly talented gaming founder teams up with a top-tier studio, promising to create a wondrous game experience built on the industry’s most powerful engines. But then, it happens: It’s paired with a dubious shitcoin that launches well before even a morsel of game content drops.

21.05 / 16:41

business Blockchain Adoption defi Future Web3, NFTs, Metaverse: The tools for a truly decentralized future

Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, non-fungible tokens (NFT) and the Metaverse. It turns out that ongoing innovations across the crypto ecosystem are well-positioned to dictate the future of media and entertainment.

21.05 / 00:37

business NFT Trading Marketplace OpenSea launches 'Seaport' marketplace protocol allowing NFT bartering

Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.”

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