Business Financial News

25.04 / 01:17

business Blockchain Technology Adoption Decentralized credit scores: How can blockchain tech change ratings

The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be a need to borrow and a desire to lend.

24.04 / 17:37

business Blockchain Loans Looking to take out a crypto loan? Here’s what you need to know

Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality, sees most of the total value locked (TVL) on DeFi protocols dominated by cryptocurrency lending platforms.

24.04 / 09:29

business Blockchain Law Adoption NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds

New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects.

24.04 / 06:39

business Blockchain cryptocurrency Bitcoin Cryptocurrency Prices Today April 24: Bitcoin up, cryptos mixed; Polkadot biggest gainer

Cryptocurrencies traded in the mixed early on April 24. The global crypto market cap is $1.84 trillionm a 0.18 percent decrease over the last day. The total crypto market volume over the last 24 hours is $54.17 billion, which makes a 32.85 percent decrease.

23.04 / 17:07

business Adoption Sport Collectibles Beyond collectibles: How NFTs are revamping the ticketing industry

The concept of nonfungible tokens (NFT) came into existence in 2015, and it first got some traction in 2017 when many prominent digital collectibles such as CryptoPunks and EtherRock were created.

23.04 / 14:39

business Blockchain Technology Environment carbon markets Green finance needs voluntary carbon markets that work

The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits.

23.04 / 06:37

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today April 23: Bitcoin down, Cardano biggest loser

Cryptocurrencies traded in the red early on April 23. The global crypto market cap stood at $1.84 trillion, a 1.82 percent decrease over the last day. The total crypto market volume over the last 24 hours is $80.67 billion, which makes a 24.14 percent decrease.

22.04 / 21:33

business Blockchain Technology Binance Sky Mavis Exploit Binance recovers $5.8M in funds connected to Ronin bridge exploit

Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal group allegedly stole 173,600 Ether (ETH) and 25.5 million USD Coin (USDC), worth over $600 million at the time, belonging to Axie Infinity's Ronin bridge.

22.04 / 21:33

business IPO Funding Venture Capital Crypto Biz: The Web3 arms race is upon us, April 14–20, 2022

“Web3” used to be an empty industry buzzword that described the next iteration of the internet. In 2022, Web3 is still an annoying buzzword, but at least the blockchain community is trying to assign it real-world utility.

22.04 / 19:13

business Blockchain Twitter Adoption Twitter and Stripe roll out USDC payout program for creators via Polygon

On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of the USD Coin (USDC) stablecoin. Payments will occur via the Polygon (MATIC) network, a layer-2 blockchain known for its low fees, fast transaction speed, innovative zero-knowledge technology and integration with Ethereum (ETH).

22.04 / 18:07

business Adoption Bitfury Bitcoin Georgia crypto mining’s potential: What’s driving growth in the industry?

Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining?

22.04 / 16:11

business Blockchain hyperledger Climate, blockchain and CBDCs: an interview with HyperLedger's Karen Ottoni

“Cryptocurrency is just one use case for blockchain,” Karen Ottoni, director of ecosystem at Hyperledger, tells Cointelegraph in an interview during Paris Blockchain Week.

22.04 / 16:11

business Cybersecurity security Funding SoftBank leads $60M CertiK raise as demand for Web3 security grows

Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months.

22.04 / 16:11

business Polygon Funding Venture Capital Web3 Developers Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers

Ethereum scaling solution Polygon has launched a new network for Web3 development, pledging $100 million to early users who can help fast-track adoption.

22.04 / 13:07

business Ethereum Virtual Property Bitcoin Alex Saunders issues a public apology and claims to be settling crypto dealings

Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.

22.04 / 12:19

business cryptocurrency World News Explained: How cryptocurrencies work (and how they don’t)

The first and most popular cryptocurrency, bitcoin, launched more than a decade ago. Yet for all the relentless buzz, relatively few are well versed in cryptocurrencies or the blockchain, the technology on which they’re built.

22.04 / 08:05

business Blockchain Research Columbia Uni professor heads up a16z's new crypto research unit

Theoretical computer scientist and Columbia University professor Tim Roughgarden has been appointed the head of Andreessen Horowitz's (a16z) new crypto research unit.

22.04 / 03:49

business regulation Upbit controversy Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

The operator of South Korean crypto exchange Upbit, Dunamu, is facing pushback from regulators due to a controversial investment while authorities move to issue restrictions to stifle its monopolistic position.

22.04 / 03:27

business Adoption NFT Sport Aussie media company goes all in on NBA fan engagement with NFTs

Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to increase NBA fan engagement and provide substantial real-world utility for the tokens.

21.04 / 22:35

business Blockchain Technology Tezos co-founder Arthur Breitman discusses the untapped potential of DeFi

Arthur Breitman, the co-founder of Layer 1 protocol Tezos, spoke with Cointelegraph's Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it will take to unlock decentralized finance, or DeFi's true potential. Brietman delivered a keynote speech following this interview about the company's strategy.

21.04 / 19:57

business Blockchain Sport cricket Cricket NFT startup Rario raises $120M in Series A funding

On Thursday, cricket nonfungible token (NFT) platform Rario announced that it secured $120 million in Series A funding in a round led by Dream Capital, the venture subsidiary of Dream Sports. As told by Rario, it currently has the largest share of cricket NFT rights via partnerships with six international cricket leagues and a roster of over 900 cricketers.

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