Business Financial News

11.05 / 08:05

business Ethereum Tether Bitcoin Indie Russian news firm raises $250K in crypto after sanctions cripple finances

A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship.

11.05 / 07:45

business Altcoin VeChain reports VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1

The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.

11.05 / 04:45

business coinbase Report stocks Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss

Cryptocurrency exchange Coinbase has disclosed its first net loss as a public company of $430 million in Q1, but CEO Brian Armstrong said on an earnings call that he's “never been more bullish on where we are as a company.”

10.05 / 23:01

business Blockchain Technology Bitcoin Michael Saylor assuages investors after market slumps hurts MSTR, BTC

MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.

10.05 / 19:51

business Blockchain Adoption Bitcoin What are the top social tokens waiting to take off? | Find out now on The Market Report

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the social tokens you should be keeping a close eye on.

10.05 / 17:35

business defi Investments Funding KuCoin to launch DeFi products in 2022 with fresh $150M raise

The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.

10.05 / 16:25

business Blockchain Research Decentralization is helping to shape the course of scientific research and business

New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world as well.

10.05 / 16:01

business cryptocurrency Crypto industry coindcx Crypto industry wants govt to lower TDS on transactions

The crypto industry has urged the government to reduce the TDS on payments towards gains arising from trading in cryptocurrencies to 0.01 or 0.05 per cent, from the proposed 1 per cent, saying it will hurt retail traders.

10.05 / 15:37

business Lightning Network lightning Bitcoin Making money, escaping poverty: Bitcoin and Lightning in Mozambique

Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who's using the largest cryptocurrency to make ends meet.

10.05 / 15:13

business PayPal Bitcoin Talos raises $105M to become the latest crypto unicorn valued at $1.3B

PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding.

10.05 / 13:43

business exchanges Bitcoin crypto trading platforms analyst Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond

Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges is also a factor for price dips.

10.05 / 13:43

markets business Blockchain Stablecoin Suspends network Withdrawals Binance temporarily suspends LUNA, UST withdrawals citing network congestion

As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the withdrawals for Terra (LUNA) and UST on Tuesday.

10.05 / 10:39

business Blockchain Stablecoin Dubai Nouriel Roubini oversees the development of tokenized dollar replacement

Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.

10.05 / 09:29

business Blockchain Internet Commercial smart contract adoption next market driver: Mark Cuban

Billionaire investor Mark Cuban has tipped commercial smart contract adoption as the next catalyst to drive the crypto and blockchain sector.

10.05 / 06:11

Dogecoin business Blockchain Payments More than a third of AMC online payments are crypto or digital: CEO

AMC Theatres CEO Adam Aron stated that crypto along with several other digital payment methods recently accounted for 35% of its online payments.

09.05 / 23:39

business Blockchain Technology Art Fine Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece

According to blockchain digitization provider Tokeny, on Monday, the Royal Museum of Fine Arts Antwerp (KMSKA) has become the first European museum to tokenize investment in fine art, starting with Belgian painter James Ensor (1860 – 1949)’s painting Carnaval de Binche. Investors can obtain fractional ownership of the work starting from 150 euros. The venture is a joint effort between KMSKA, Tokeny and blockchain art entity Rubey, with the tokens themselves being ERC-3643 compliant and launching on the Polygon (MATIC) blockchain.

09.05 / 22:39

business Europe BitStamp Head of Bitstamp’s European arm becomes latest CEO of global crypto exchange

Bitstamp, one of the oldest crypto exchanges in the world, has announced the appointment of Jean-Baptiste (JB) Graftieaux as its new global CEO following the departure of Julian Sawyer.

09.05 / 20:11

business Digital Asset Management Asset management reports Galaxy Digital reports $112M Q1 loss, citing crypto price volatility

Cryptocurrency investment manager Galaxy Digital Holdings reported a sharp loss in the first quarter due to unrealized losses in its digital asset portfolio, underscoring heightened volatility in the digital asset sector in 2022.

09.05 / 18:25

business Facebook NFT Instagram Collectibles week Meta will test digital collectibles on Instagram starting this week

Mark Zuckerberg, CEO of Facebook’s parent company Meta, said that the company is starting to test digital collectibles on photo and video sharing platform Instagram this week, signaling a move toward adding nonfungible tokens, or NFTs.

09.05 / 16:15

business Blockchain Ethereum wallet Staking via hardware crypto wallet: Ledger exec explains how it works

As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets.

09.05 / 16:15

business Blockchain Adoption Bitcoin Question of centralization faces growing crypto insurance industry

Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem.

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