Business Financial News

19.01 / 18:38

business Blockchain Technology Bitcoin Smart contracts can redefine business — But this doesn’t imply wide openness

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.

19.01 / 18:03

business Google Africa a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st

Web3 and social games publisher Carry1st has raised $20 million in Series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade.

19.01 / 17:12

business Adoption Investments Bitcoin Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics

While key Bitcoin (BTC) metrics don’t paint a pretty picture, the bears could be running on fumes. Contrary to analysts warning that Bitcoin could dip to $38,000 “before an eventual breakout”, CoinShares and Arcane Research suggest that the tide could be turning.

19.01 / 17:12

business Blockchain Decentralization Dapps open Hedera Governing Council to buy hashgraph IP, and open-source projects code

The Hedera Governing Council has officially voted to purchase the intellectual property rights to the hashgraph consensus algorithm from founding architect and inaugural member of the council, Swirlds Inc, for an undisclosed fee.

19.01 / 17:11

business Investments Funding valuation Crypto IRA iTrustCapital raises $125M, pushes valuation over $1B

Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion.

19.01 / 09:07

business Tether Lightning Network Bitcoin Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?

Strike’s digital wallet has become the fifth most popular finance app in Argentina within a week of its launch.

19.01 / 09:07

business Blockchain Energy Bitcoin Q4 Bitcoin mining becomes more sustainable: Mining Council's Q4 survey

The percentage of the global Bitcoin mining industry running on renewable power increased by 1% to 58.5% in the fourth quarter of 2021 according to new data.

19.01 / 08:03

business Ethereum Stablecoin network ethereum network USDC flips Tether on the Ethereum network

Circle’s USD Coin (USDC) has reached a major milestone by surpassing Tether (USDT) in total supply on the Ethereum network.

19.01 / 07:04

business Adoption Bitcoin Fintech startup Milo is offering 30-year 'crypto-mortgages'

Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real estate in the U.S.

19.01 / 06:35

business Sport partnerships Bitcoin Heavyweight champ to take 50% of his UFC 270 purse in Bitcoin

UFC heavyweight title holder Francis Ngannou has announced he will take half of his UFC 270 prize purse in Bitcoin (BTC) via Cash App.

19.01 / 05:19

business Microsoft Gaming Activision Microsoft's massive Metaverse move: Buying Activision for $69B

Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans.

19.01 / 03:20

business Bitmain GPU Bitcoin Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC

Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits Conference in February 2022.

19.01 / 02:21

business solana Metaverse Crypto Collectibles NFT marketplace Metaplex raises $46M to expand gaming and metaverse applications

Nonfungible token (NFT) marketplace Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking to capitalize on advances in Web3 technology.

19.01 / 00:08

business CBDC Central Bank Swiss 'The risks outweigh the benefits' of a Swiss CBDC, says SNB governing board member

Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on the central bank issuing a digital franc.

18.01 / 21:15

business coinbase MasterCard partnership Coinbase partners with Mastercard for NFT marketplace purchases

Credit card company Mastercard has announced users for Coinbase’s upcoming nonfungible token marketplace will be able to use their cards to make purchases as part of a new partnership.

18.01 / 17:27

business Blockchain Binance NCFTA onboards crypto exchange Binance to fight against cybercrime

The National Cyber-Forensics and Training Alliance (NCFTA), an American non-profit, onboarded its first crypto firm Binance to aid their ongoing battle against cybercrimes.

18.01 / 16:33

business Europe Banks expansion BitMEX execs reveal EU expansion with German bank acquisition

Founded by BitMEX Group CEO Alexander Höptner and CFO Stephan Lutz, BXM Operations AG announced today its plans to acquire Bankhaus von der Heydt, one of the oldest banks in Europe, to create a regulated crypto one-stop-shop in Germany, Austria and Switzerland.

18.01 / 15:33

business Funding Metaverse Venture Capital NFT-focused Animoca Brands valued at $5B following $358M raise

Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022.

18.01 / 13:48

business Blockchain Technology Cardano Blockchain assessment: How to assess different chains?

With so many blockchain networks appearing all the time, new or even experienced crypto enthusiasts may feel overwhelmed when it comes to deciding which are the best to invest in.

18.01 / 13:48

business Mining Investments Bitcoin Mr. Wonderful plans to invest in mining company stocks

Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to find ways to invest in Bitcoin (BTC) mining. According to the Shark Tank mogul, investors in the Middle East are looking into “sovereign mining operations.”

18.01 / 05:23

business Blockchain exchanges rights week Australian FTX announced as naming rights sponsor of Australian Blockchain Week 2022

FTX Trading Limited (FTX) will be the naming rights sponsor for Australian Blockchain Week 2022, which will run from March 21 to 25.

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