Business Financial News
24.01 / 05:01
business
cryptocurrency
Fed
Weekend
Cryptocurrencies pause after weekend battering, other currencies wait for Fed
The dollar traded steady on Monday ahead of the U.S. Federal Reserve's January policy meeting later this week, while bitcoin lay bruised near a six-month low hit over the weekend, hurt by a sell-off in technology stocks.
23.01 / 22:43
business
Blockchain
Gaming
e-commerce
Blockchain metaverse ecosystems gain traction as brands create digital experiences
Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online.
22.01 / 12:31
business
Blockchain
Technology
DLT
How to use UniSwap: A step-by-step beginner's guide
The Uniswap decentralized exchange (DEX) is the most popular DEX built on the Ethereum blockchain. For users wondering, "What is Uniswap?," this article provides an overview of what it is and how it works as well as several ways users can get started using the Uniswap DEX.
22.01 / 08:19
business
Government
Adoption
Bitcoin
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k
The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last seen on July 26th, 2021.
22.01 / 01:09
business
Investments
SEC
Bitcoin
accounting
SEC rejects MicroStrategy's Bitcoin accounting practices: report
Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases.
21.01 / 20:45
business
Africa
Coronavirus
Crypto-loving anti-vax group seeks like-minded talent to live in African 'paradise'
A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is at an all-time high — is reportedly looking for a cryptocurrency expert to join them in Africa.
21.01 / 17:07
business
Blockchain
Technology
Adoption
CasperLabs to become blockchain of choice for the City of Fuzhou, China
On Friday, CasperLabs, a blockchain software firm, announced a partnership with China's Blockchain-based Service Network, or BSN. Through the agreement, which has been minted as a nonfungible token, or NFT, as a sign of commemoration, Casper Network will be added as the blockchain of choice to the Fuzhou City Chain for use in public and private crypto infrastructure developments in the region — dubbed "Fuzhou Chain powered by Casper." RockTree Capital, an investment company, based in New York, played a critical role in bridging the entente between Casper and Fuzhou City.
21.01 / 04:07
business
Law
Sport
Food
Jack in the Box ends suit against FTX for allegedly stealing its mascot
Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come to an end after the parties reached a settlement.
21.01 / 03:41
business
Robinhood
wallet
testing
Robinhood crypto wallet testing is live: 1,000 users can now withdraw
Online retail investing platform Robinhood has released its long awaited crypto wallet for beta testing which will finally enable users to withdraw crypto from the platform.
21.01 / 00:17
business
Law
Binance
Former Binance US CEO Catherine Coley is still missing, and no one seems to be talking
Around the time Binance.US announced former Comptroller of the Currency Brian Brooks would be leading the crypto exchange, former CEO Catherine Coley effectively dropped off the face of the digital world.
20.01 / 20:28
business
Binance
services
Binance US officially launches trading services in Connecticut
United States cryptocurrency exchange Binance US, which operates separately from the global Binance platform, has officially opened its trading services to residents of Connecticut.
20.01 / 19:27
business
Ethereum
Bitcoin
Andreessen
Andreessen Horowitz aims to raise $4.5 billion to invest in crypto funds
A16z, a VC company with investments in Protocol Labs, Polychain Capital and Opensea among others, is now planning to raise $4.5 billion for its latest fund which is focused solely on cryptocurrencies, according to a report by U.K newspaper Financial Times.
20.01 / 17:04
business
Blockchain
defi
Funding
Aleph.im raises $10M to develop censorship-resistant data storage
The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.
20.01 / 17:04
business
Adoption
Bitcoin
Canadian Bitcoin platform Shakepay raises $35M in Series A funding
It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED Investors values the company at $251 million.
20.01 / 17:04
business
Adoption
Investments
Bitcoin
MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter
Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.
20.01 / 13:48
20.01 / 09:25
business
Blockchain
Adoption
Union Bank
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of UnionBank as its latest client. Founded in 1982, UnionBank is one of the largest banks in the Philippines, with a collective $15 billion in assets under management. UnionBank will be also be deploying its digital asset management services on the IBM Cloud, which are fully integrated with Metaco's solutions.
20.01 / 05:33
20.01 / 01:09
business
Food
Bitcoin
reports
Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic
More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic.
19.01 / 23:55
business
NFT
Funding
Marketplace
Tom Brady's NFT platform Autograph raises $170M to scale operations
The nonfungible token marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round.
19.01 / 20:55
business
Blockchain
Sport
Showtime: NFT tickets take the stage in 2022, connecting artists and fans
Nonfungible tokens have proven to be successful across a number of industries. From gaming to high-end luxury fashion, NFT use cases have demonstrated the importance of creating lasting connections between a company or a brand and its users/customers.
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