Business Financial News

10.03 / 17:53

business Stablecoin Paxos Financial Paxos secures approval from Singapore’s financial regulator

The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.

10.03 / 13:13

business education Books Bitcoin Honey, I orange-pilled the kids! BTC children's authors on learning about money

Bitcoin is for everyone. That includes teenagers, children, toddlers and even newborns.

10.03 / 01:01

business Blockchain Adoption Metaverse Future open The future of work: Companies open offices in the metaverse

There’s been a sharp decline in interest for the “metaverse” keyword in Google search. However, while the hype may be waning, it seems that companies are still very keen on dipping their toes into the virtual world.

09.03 / 20:49

business Blockchain Bitcoin Bitcoin still on track to reach $100K by 2023, says Bitbull Capital CEO

Bitbull Capital CEO Joe DiPasquale thinks Bitcoin (BTC) is still on track to reach $100 thousand within the next 24 months despite the bearish sentiment dominating the crypto markets since the start of the year. “I think 2023 is a safe bet. We might need some time during 2022 to take a breath and to kind of let out some of the steam,” DiPasquale said.

09.03 / 17:05

business Technology regulation Bitcoin Crypto mining’s cost: How has hardware availability changed the industry?

Cryptocurrency mining has been and remains an attractive endeavor not only for fans of alternative financial instruments but also for those serious about investing.

09.03 / 16:49

business Blockchain Adoption Dubai Lockdown to metaverse: Pandemic leads crypto entrepreneur to new business headquarters

Life gave crypto businessman Ilman Shazhaev lemons when he got stuck in Dubai in the wake of the COVID-19 lockdowns. However, like the old adage, he “made lemonades” by recognizing the opportunities in the country.

09.03 / 15:25

business Adoption Gaming Cake DeFi Cake DeFi launches $100M venture arm for Web3, gaming and fintech initiatives

Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives.

09.03 / 13:55

business Blockchain Ripple Reserve Federal Reserve works with China’s blockchain ally for instant payments

The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure.

09.03 / 09:21

business Investments goldman sachs Goldman Sachs is hooking up clients with Galaxy Digital’s ETH fund

Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and Exchange Commission filing.

09.03 / 09:05

business cryptocurrency BLOCK CEO America's crypto exchange, CoinZoom To Block New Accounts Within Russia, Says CEO: Report

CoinZoom To Block New Accounts Within Russia, Says CEO to Reuters

09.03 / 08:45

business Cardano Books Universities NOT Charles Hoskinson under fire for… not dropping out of a PhD program?

A debate has surfaced online following claims that Cardano founder and Ethereum co-founder Charles Hoskinson may have fudged the specifics of his educational background.

09.03 / 07:21

business Blockchain cryptocurrency Bitcoin Cryptocurrency Prices Today March 9: Bitcoin up, Polkadot and Ethereum biggest gainers

Cryptocurrencies traded in the green early on March 9. The global cryptocurrency market cap stood at $1.76 trillion, a 2.54 percent increase over the last day. The total crypto market volume over the last 24 hours is $78.92 billion, a 7.85 percent decrease.

09.03 / 07:21

business cryptocurrency Cryptoverse Bitcoin Cryptoverse: The young HODLers keeping bitcoin on an even keel

Bitcoin's been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn't it flying off the handle as we seem to stand on the precipice of World War 3?

09.03 / 06:39

business regulation SEC Fraud Siblings charged over mining coin that turned into alleged $124M fraud

A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in the Ormeus Coin scheme.

09.03 / 00:37

business Blockchain Technology Adoption How HAL and Aldrin are helping to keep crypto assets secure during bear markets

Crypto bear markets are known for their downturns and their liquidations for investors who are trading with leverage. On top of that, decentralized finance, or DeFi, projects can become targeted by hacks or suffer rug pulls, leading to enormous losses for investors of their tokens. Now new software seeks to alert investors in real-time about potential risks to their positions.

09.03 / 00:09

business VISA MasterCard American Express No credit for crypto — users react to Russia-issued credit card ban

Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users.

08.03 / 18:45

business Blockchain Women Bitcoin Equality If the glass slipper doesn’t fit, smash it: Unraveling the myth of gender equality in crypto

Crypto’s reputation as a boys’ club does not come as a surprise: It sits at the very intersection of tech and finance, perpetuating the legacy of “bro culture” that is coded into Silicon Valley and Wall Street. It was only in 2020 when Citigroup bank appointed the company’s first female CEO, Jane Fraser. This was a milestone in its 200-year long history and in the history of Wall Street itself, having the first woman lead one of the largest Wall Street banks.

08.03 / 18:25

business Ethereum Art Digital NFT fashion hits the runway as designers launch in the Metaverse

The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was recently broadcasted to the mainstream when Facebook’s parent company, Meta, introduced a series of inclusive avatars.

08.03 / 16:17

business Investments Bitcoin Bain Capital Ventures sets up half a billion-dollar fund for crypto projects

Bain Capital Ventures, one of the world's largest startup-investment firms with $5.1 billion in assets under management, has announced the formation of a new $560 million fund that will focus on crypto-related investments.

08.03 / 13:55

business Bitcoin Swiss Swiss crypto bank Sygnum secures in-principal approval in Singapore

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities.

07.03 / 21:31

business Blockchain Ethereum Adoption Blockchain document transfer provider CargoX extends agreement with Egyptian government

CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the latter's trade flows. Last year, through its 80% owned entity Misr Technology Services (MTS), the Egyptian government integrated CargoX's Blockchain Document Transfer, or BDT, service for its official NAFEZA single-window trade platform. Usage of the system became mandatory in Egyptian ports last October, and handles more than 12,000 transactions per day. BDT is built on the Ethereum (ETH) blockchain.

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