Business Financial News

04.02 / 01:23

business Investments Television Media ad park South Park destroys Matt Damon's Crypto.com ad in season premiere

More than three months after its release, the ad from crypto exchange Crypto.com featuring Hollywood star Matt Damon was the subject of ridicule in the latest episode of the animated series South Park.

04.02 / 00:31

business Funding Venture Capital Crypto Biz: The crypto industry is more bullish than the Bitcoin charts, Jan. 27–Feb. 2

Is Bitcoin (BTC) in a bull market or a bear market? Has the current market cycle already peaked or can we expect another leg higher? Venture capital funds don’t seem to care either way. They’re too busy building equity in promising blockchain plays.

03.02 / 23:21

business coinbase IRS Deal Coinbase users can receive US tax refunds in crypto as part of TurboTax deal

Tax filing platform TurboTax is allowing U.S. filers to get their refunds directly in crypto as part of an arrangement with crypto exchange Coinbase.

03.02 / 19:52

business Adoption NFT Automakers are minting NFTs, but is there a strong use case?

Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.

03.02 / 19:37

business Blockchain regulation asset manager Russian central bank registers nation’s first digital asset manager

The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.

03.02 / 19:03

business Texas NFT project blankets Texas capital city in pro-crypto billboards

The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies.

03.02 / 18:07

business lending Asset management Backed a16z-backed TrueFi launches DeFi lending market for asset managers

Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions.

03.02 / 17:26

business Blockchain Adoption North America to lead growth in blockchain market, new report says

A new report indicates that the blockchain industry is set for astronomical growth in the next decade, with the North American market leading the way.

03.02 / 17:25

business Latin America Funding South America Crypto-focused enterprise payment platform Tribal Credit raises $60M

Crypto-focused enterprise payment platform Tribal Credit has raised $60 million in an oversubscribed investment round, putting the company on track to continue its expansion in Latin America — a region that has seen significant uptake of blockchain-based cross-border payments.

03.02 / 00:47

business Mining Electricity Texas Crypto miner in Texas shuts down 99% of operations as winter storm approaches

With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid.

03.02 / 00:03

business Investments Funding Media Pixel Vault raises $100M for NFT development platform

Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise nonfungible token (NFT) entertainment company, Pixel Vault Inc.

02.02 / 20:51

business Web3 Funding data Dune Analytics raises near-$70M in Series B funding round

Dune Analytics, a leading data analytics platform, has announced a capital raise of $69,420,000, in addition to a $1 billion-dollar valuation, the latter of which means that the company attained "unicorn" status, which describes privately-held startups that have attained a valuation of $1 billion or more.

02.02 / 17:13

business regulation Analysis regulatory Major crypto exchanges eye Asian market amid growing regulatory clarity

Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region.

02.02 / 15:41

business cryptocurrency Next year's I-T return to have separate column for crypto income: Revenue Secretary Tarun Bajaj

Income tax return forms from next year will have a separate column for making disclosures on gains made from cryptocurrencies and paying taxes, Revenue Secretary Tarun Bajaj said on Wednesday.

02.02 / 14:59

business cryptocurrency Budget 2022 crypto tax NOT Crypto tax will help I-T measure 'depth' of market; does not bestow legality to trade: CBDT Chief

The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the Income-Tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, CBDT Chairman J B Mohapatra said.

02.02 / 11:29

business Bitcoin acquires FTX acquires Japan's FCA-licensed crypto exchange Liquid

American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries.

02.02 / 08:05

business Real Estate Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto

Rock legend Gene Simmons says he will accept crypto payments for the sale of his $13.5 million mansion in Las Vegas.

01.02 / 23:51

business Bitcoin NYDIG offering allows participating companies to pay employees in Bitcoin

The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin.

01.02 / 17:45

business Adoption SEC Bitcoin MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M

Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.

01.02 / 15:33

business Binance Bitcoin Crypto payment card ‘top priority’ for Binance Ukraine in 2022

Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine.

01.02 / 09:15

business Research American Express Bitcoin network transaction volume Bitcoin Network Bitcoin Network Transaction Volume Surpasses American Express: Research

New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021.

frequently asked questions about business

What is business and why is it important?

Business is a high-demand area that interests a wide audience. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on business?

All latest articles about business can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on business?

We use verified data to ensure that the information about business is reliable and helpful for our readers.