Business Financial News
11.02 / 19:23
business
Blockchain
Adoption
saga
place
Crypto secures a place in the African American saga
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community.
11.02 / 17:35
business
NASDAQ
kpmg
Wells Fargo
Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9
A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly convinced that crypto is a maturing asset class with long-term potential.
11.02 / 16:19
business
Adoption
Interstellar Enigma diamond sold for $4.5M in crypto
A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby's auction.
11.02 / 11:51
business
Adoption
regulation
Bitcoin
Bitcoin Miner
Sustainable Bitcoin miner uses waste heat to dry wood
Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus.
11.02 / 08:23
business
Adoption
regulation
NOT
China's Metaverse plans: Decentralization not required
Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.
11.02 / 07:39
business
Scams
Charity
BBC
BBC pulls doco as doubts emerge over trader who turned $50 into $8M
The BBC has pulled a documentary focused on a 20-year-old crypto trader who supposedly turned $50 into an $8 million fortune last year.
11.02 / 05:37
11.02 / 04:21
business
Blockchain
MakerDAO
Maker
BUG
Bug Bounty
MakerDAO launches biggest ever bug bounty with $10M reward
MakerDAO has announced that it will begin offering a maximum of $10 million bounty to white hat hackers and cybersecurity specialists who point out legitimate security threats in its smart contracts.
11.02 / 01:23
business
VISA
transactions
Winter Olympics
Digital yuan transactions beat out Visa at Winter Olympics venue: report
On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa.
11.02 / 00:43
business
Blockchain
Technology
Hackers
How HashEx is developing new auditing methods to outsmart hackers, as told by founder Dmitry Mishunin
As the cryptocurrency market has grown, so too have the number of bad actors looking to exploit vulnerable decentralized finance, or DeFi, protocols, and projects for their own gain. Earlier this month, the Ethereum-Solana Wormhole token bridge suffered the biggest hack of 2022, with $321 million lost due to a signature verification vulnerability. Such exploits have gotten increasingly sophisticated over the years.
10.02 / 22:17
business
Adoption
Bitcoin
Top Latin American exchange Bitso officially expands to Colombia
Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia.
10.02 / 19:17
business
Blockchain
Ethereum
Bitcoin
Bitcoin business in France: Regulation, education and cash buy frustration
Jimmy Chambrade and Aurore Galves Orjol, co-founders of Bitcoin-lyon, first heard about Bitcoin (BTC) in 2014. Around that time, their close friend and now business partner, Bruce, mined Bitcoin using his laptop. However, it took three years and a face-melting bull run before the pair could set aside the time to engage with the technology.
10.02 / 17:43
business
Facebook
Blockchain
Adoption
Crypto patent-sharing marks a step in democratizing knowledge ownership
One of the hallmarks of the crypto industry since its inception has been its commitment to open source development as well as its transparency-centric ethos. This is best made evident by the fact that many prominent projects operating within the digital asset sector and decentralized finance (DeFi) arena today have essentially been derived from other prominent projects such as Bitcoin Cash, SushiSwap and many others.
10.02 / 15:33
business
Blockchain
Sport
Tezos
Training
Man United onboards Tezos as its official Web3 and training kit partner
Manchester United, one of the oldest soccer clubs globally, has confirmed the partnership with blockchain firm Tezos as the official training kit and technology partner.
10.02 / 14:53
business
Adoption
Investments
PwC
Meet the top 5 busiest crypto funders of 2021, according to PwC
Merger and acquisition deals in the cryptocurrency industry, simply known as M&As, have massively increased in 2021, with associated value jumping nearly 5,000%, according to PwC, one the largest accounting firms in the United States.
10.02 / 12:05
business
Blockchain
Stablecoin
Top Japanese bank MUFG introduces new stablecoin platform
Mitsubishi UFJ Financial Group, Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project.
10.02 / 08:35
business
BitStamp
eSports
Terra
Terra sponsors Washington Nationals, Bitstamp backs Immortals esports
Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.
10.02 / 06:41
business
NFT
Crypto Collectibles
FarmVille developer Zynga set to release first NFT game this year
San Francisco-based game developer Zynga, best known for the FarmVille and CSR Racing series, has announced plans to release its first blockchain and NFT-based games this year.
10.02 / 05:11
business
Metaverse
Samsung
Smartphone
Tech troubles as Samsung debuts Galaxy S22 phones at Metaverse event
Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse.
10.02 / 03:47
business
NFT
Metaverse
McDonalds files trademarks for McMetaverse restaurants… that deliver
The iconic American restaurant chain McDonald’s looks like it is preparing to make a move into the Metaverse by registering for 10 trademarks in the virtual space.
10.02 / 00:49
business
Blockchain
Technology
Adoption
The team behind the world's first hardware wallet says it's still thriving after 8 years
Like all things, Trezor, a household name in the crypto community with over 1 million units sold, came from humble beginnings. The idea all started out in 2011 after a Bitcoin (BTC) conference in Prague, Czechia — which, by the way, was just voted the most beautiful city in the world in a Time Out magazine survey. Two crypto enthusiasts, Pavol "Stick" Rusnák and Marek "Slush" Palatinus, envisioned a small, single-purpose computer that would securely store users' Bitcoin private keys.
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