Business Financial News
24.02 / 20:03
business
Conference
Coronavirus
Colorado
Many ETHDenver attendees report positive COVID-19 tests and few masks
The transmissibility of the Omicron variant of COVID-19 seems to have affected many attendees at the ETHDenver developer conference, who reported symptoms and positive test results following the event.
24.02 / 12:53
business
Blockchain
Binance
Bitcoin
Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable buyer interest in the $30,000 region on large exchanges Coinbase and Binance.
24.02 / 12:01
business
cryptocurrency
Bitcoin
Bitcoin slumps to lowest in a month after Russia invades Ukraine
Bitcoin fell to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets and sending oil past $100 a barrel.
24.02 / 11:45
business
Blockchain
cryptocurrency
Digital
stake
acquires
Telecom Giant Airtel Acquires Tactical Stake In Blockchain Technology Startup Aqilliz
Telecom giant Airtel acquires strategic stake in blockchain technology startup Aqilliz
24.02 / 11:41
business
Culture
Von der Leyen condemns 'barbaric' invasion of Ukraine, vows to cripple Russia's economy
The European Union will impose a "massive and targeted" raft of sanctions on Russia that will block access to "key technologies" and cripple the country's ability to finance the Ukraine invasion, European Commission President Ursula von der Leyen has said.
24.02 / 10:23
business
United Nations
'It's too late': Russian move roils UN meeting on Ukraine
An emergency UN Security Council meeting that was meant as an effort to de-escalate the situation became moot as it was delivered.
24.02 / 09:55
business
cryptocurrency
economy
RBI
RBI's views might have delayed crypto bill: Deputy Governor Michael Patra
Reserve Bank Deputy Governor Michael Patra on Wednesday said the central bank’s views about cryptocurrencies might have delayed the government’s proposed legislation on crypto assets.
24.02 / 06:37
business
Social Media
Bitcoin
Few calls to 'Buy The Dip'... but uber-rich Family Offices are keen on crypto
Short term social media data suggests that traders aren't calling for buying the Bitcoin (BTC) dip right now... but the long term picture is much brighter, with separate research showing that 77% of family offices in the U.S. are either looking at, or have invested in crypto.
24.02 / 04:45
business
COST
Bitcoin
Low
Bitcoin Could Be Laid Low By Miners' Malady
Bitcoin miners are feeling the heat - and the pain's rippling downstream to pressure prices.
23.02 / 19:31
business
Blockchain
Bitcoin
Cointelegraph Brasil’s top 10 people in crypto and blockchain in 2021
In 2021, the Brazilian cryptocurrency market gained more investors, reached the Brazilian stock exchange and “punctured the bubble” of the mainstream, becoming an important part of the investment portfolio of ordinary Brazilians.
23.02 / 17:17
business
Stablecoin
Circle
Usd Coin
Stablecoin issuer Circle launches business accounts for USDC transactions
USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets.
23.02 / 17:17
business
Blockchain
Adoption
Warner Music Group announces partnership with blockchain gaming developer Splinterlands
On Wednesday, Warner Music Group announced it had entered into a partnership with fantasy-themed collectible card game developer Splinterlands. The two companies will collaborate and enable opportunities for WMG artists to create and develop play-to-earn, arcade-style blockchain games. Last month, WMG made its first entry into the nonfungible token, or NFT, metaverse realm in a partnership with The Sandbox with the goal of providing WMG artists another outlet with which to engage their fans. In a statement, Oana Ruxandra, chief digital officer and executive vice president of business development at WMG, said:
23.02 / 16:43
business
Blockchain
Stablecoin
MUFG drops blockchain payment project to focus on stablecoins
Japan’s biggest financial conglomerate, Mitsubishi UFJ Financial Group (MUFG), will abandon its three-year-old blockchain payment project to focus on other digital and fintech initiatives.
23.02 / 14:15
business
Adoption
Bitcoin
Canada to host Bitfury's new 28MW crypto mining facility
Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new crypto mining center adds to the list of existing Canadian sites currently operating in Drumheller, Alberta and Medicine Hat.
23.02 / 12:53
business
Blockchain
Adoption
Cybersecurity
NOT
Crypto is not criminal: US Secret Service launches 'crypto awareness hub'
The tide is turning on the way in which law enforcers discuss cryptocurrencies and treat crypto users. The United States Secret Service has launched a cryptocurrency awareness hub featuring a cheesy public service announcement video.
23.02 / 12:53
business
regulation
advertisement
Indian
Five key takeaways from the official Indian crypto ads guideline
The Advertising Stands Council of India (ASCI) released a set of 12 guidelines for promotions and advertisement of virtual digital assets (VDA), including cryptocurrencies, on Wednesday.
23.02 / 10:15
business
Ethereum
Grayscale
Bitcoin
$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative
Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to ba Ethereum (ETH) investment products, which saw outflows totaling $15.2 million.
23.02 / 08:55
business
defi
Tokens
CoinShares
Swiss
tracking
index
Swiss index provider launches new product tracking 10 DeFi tokens
Switzerland-based fund manager Compass Financial Technologies has launched an index for 10 Decentralized Finance (DeFi) tokens dubbed the “Compass Crypto Basket Fundamental DeFi Index” (CCBFDEFI).
23.02 / 07:05
business
Adoption
NYSE
security
Security Token
stake
NY stock exchange owner ICE buys stake in tZero security token platform
The Intercontinental Exchange (ICE) has announced a strategic investment in private digital securities marketplace and crypto asset liquidity platform tZero.
23.02 / 06:05
business
cryptocurrency
World
Bitcoin
Cryptocurrency Prices Today February 23: Bitcoin up by 1.54%, Cardano biggest gainer by 5%
Cryptocurrencies traded in the green early today on February 23. The global crypto market cap is $1.72 trillion, a 2.35 percent increase over the last day. The total crypto market volume over the last 24 hours is $82.28 billion, which makes a 18.37 percent decrease.
23.02 / 05:55
business
Stablecoin
Tether
Report
reserves
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, dropping from around $30.5 billion to $24.16 billion.
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