Business Financial News
22.09 / 14:21
business
privacy
security
data
user data
Nansen third-party vendor suffers security breach, user data affected
Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.
22.09 / 14:21
business
Adoption
Investments
Europe
cryptocurrency investment
Index Funds
Crypto investment firm CoinShares opens hedge fund division for US investors
Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate.
22.09 / 11:39
business
regulation
Investments
FTX
Court
Bankruptcy
Ftx Claims
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX debts.
22.09 / 11:39
business
Blockchain
Mining
Bitmain
Bitcoin
Deal
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities.
22.09 / 11:39
business
FTX
Bankruptcy
FTX opens lawsuit against former employees of Hong Kong affiliate
Defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of the Hong Kong-incorporated company Salameda, which was previously affiliated with the FTX group, according to court documents.
22.09 / 01:31
business
Blockchain
Technology
Smart Contracts
ConsenSys
Coding
‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to Metamask Snaps
Ethereum developers are gathering to salute the teams behind Ganache and Truffle, two toolkits that were once vital in the early days of Ethereum smart contracts.
22.09 / 01:15
business
Law
Binance
regulation
Court
Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit
Binance CEO Changpeng "CZ" Zhao have filed a petition requesting that the lawsuit made against him and his cryptocurrency exchange by the United States Securities and Exchange Commission (SEC) be dismissed.
21.09 / 20:27
business
Microsoft unveils AI-powered Copilot for Windows 11
Microsoft has taken another step towards integrating artificial intelligence (AI) technology into its products. The company announced on Sept. 21 Microsoft Copilot that merges interfaces on Windows with language models.
21.09 / 19:31
business
Tether
Bitcoin Miner
stake
acquires
Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration
The firm behind stablecoin Tether (USDT) has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.
21.09 / 15:03
21.09 / 10:43
business
Technology
Hardware Wallet
Trezor
Open Source
Bitcoin
You can build your own Trezor but here’s the price: DIY wallet engineer
The open-source nature of many hardware cryptocurrency wallets allows one to build a do-it-yourself (DIY) wallet like Trezor from scratch, but it requires certain skills.
21.09 / 10:07
business
hacks
Payments
Mt. Gox
Bankruptcy
Bitcoin
Mt. Gox Bitcoin repayment: The day that never comes
Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.
21.09 / 10:07
business
Blockchain
Stablecoin
Tether
Tether 2023 stablecoin loans rise despite downsizing announcement in 2022
Tether, the largest stablecoin issuer in the crypto market, has seen a rise in its stablecoin lending, or secured loans, in 2023, despite the firm having announced it will cut such loans down to zero in December 2022.
21.09 / 09:03
business
Payments
Fiat Money
Bitcoin
Crypto payment firm Alchemy Pay wins money transmitter license in US
Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States.
21.09 / 05:29
business
Mt. Gox
Bitcoin
2024
Breaking: Mt. Gox trustee changes repayment deadline to October 2024
Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchanges' creditors from Oct. 31, 2023, to Oct. 31, 2024.
21.09 / 02:35
business
regulation
Kraken
ASIC
Australian
Australian regulator sues Kraken provider over margin trading product
The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider of the Kraken crypto exchange in Australia, for failing to comply with design and distribution obligations for one of its trading products.
20.09 / 23:39
business
Blockchain
Twitter
Adoption
Social Media
censorship
YouTube
OnlyFans, Patreon models turn to Web3 amid payment and censorship fears
Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed.
20.09 / 21:59
business
Technology
Twitter
Apple
Apple Pay
FinTech
Apple, Goldman Sachs drop plans for trading app: Report
Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans.
20.09 / 18:47
business
Stablecoin
Payments
PayPal
Dollar
PayPal rolls out PYUSD stablecoin to Venmo users
Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo.
20.09 / 18:47
business
Blockchain
Troubled crypto exchange JPEX applies for deregistration in Australia
Troubled Hong Kong crypto exchange JPEX has applied for deregistration in Australia.
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