Business Financial News

18.01 / 00:03

business lightning Bitcoin youtuber From tuk tuks to COVID tests, YouTuber tests Bitcoin use cases across multiple countries

A YouTuber started a journey in September to see whether he could survive solely on Bitcoin as a means of payment while traveling to 40 different countries.

17.01 / 18:32

business Trading Platform portfolio management UK FCA-registered copy trading platform enables investors with frictionless portfolio management

The appeal of profits incurred through cryptocurrency trading has only increased for those not already participating in the market. However, despite Bitcoin’s average return being over 800% and other altcoins offering comparable numbers, such as Ethereum at 400%, the cryptocurrency market is one of the most difficult to navigate for beginners, often being considered more complex than the traditional market. Although the barriers are high, investors are still not deterred. After all, with more risk often comes higher rewards.

17.01 / 13:59

business Ethereum Bitcoin Withdrawals Crypto.com pauses withdrawals due to ‘suspicious activity’

Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after "a small number of users reporting suspicious activity on their accounts," but all funds are reportedly safu at the moment.

17.01 / 12:27

business Ethereum Tesla Bitcoin Bitcoin payments decline as other cryptocurrencies grow

BitPay Inc., one of the world's most well-known crypto payment processors, has seen a shift in the type of digital assets used for purchases over the last year, according to a Bloomberg report.

17.01 / 08:19

business Sport Football Deal Australian Australian women’s football team secures $75M deal with Crypto.com

In what comes as the first major crypto sports sponsorship deal down under, the Australia Football League (AFL) has secured a partnership with Crypto.com to back its women’s league (AFLW).

17.01 / 07:27

business Blockchain cryptocurrency Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum down

Cryptocurrencies traded in the red early on January 17. The global cryptocurrency market cap is $2.07 trillion, a 0.29 percent increase over the last day. The total crypto market volume over the last 24 hours is $64.37 billion, a 3.98 percent increase.

17.01 / 06:43

business Technology Gaming World Crypto enthusiasts meet their match: Angry Gamers

Mike Isaac and Kellen Browning

16.01 / 12:35

business Adoption regulation OCC Comptroller calls for federal collaboration with crypto intermediaries

The Acting Comptroller of the Currency, Michael J. Hsu, highlighted the need for collaboration and coordination with large crypto intermediaries to better understand the risks within the growing $2 trillion cryptocurrency market.

16.01 / 09:49

business Blockchain Ethereum students 22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace.

15.01 / 08:37

business cryptocurrency Bitcoin Cryptocurrency Prices Today January 15: Bitcoin, Ethereum up

Cryptocurrencies traded in the green early on January 15. The global cryptocurrency market-cap stood at $2.05 trillion, a 0.53 percent increase over the last day. The total crypto market volume over the last 24 hours was $84.28 billion, which come to a 16.66 percent fall.

15.01 / 02:23

markets business Blockchain Adoption Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022

2021 was a breakout year for the cryptocurrency sector and this year is expected to see an extension of the “mass adoption” trend.

15.01 / 01:35

business Law Bitfinex Bitfinex advises Ontario-based users to close accounts before March 1

In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing market or open margin positions.

15.01 / 00:37

business Disney virtual reality Going meta: Disney, Second Life and K-pop

Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer.

15.01 / 00:09

markets business Stablecoin ETF Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle

Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a new position for the ETF, according to MarketWatch.

14.01 / 20:33

business Funding Taxes valuation Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation

Cryptocurrency accounting and data company Lukka said it had raised $110 million in a new funding round led by hedge fund giant Marshall Wace.

14.01 / 09:09

business Blockchain Stablecoin Tether Tether freezes $150 million in USDT

Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist.

14.01 / 08:35

business Sport Funding Football Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats

Alternative sports organization Fan Controlled Football (FCF) has raised $40 million in Series A funding from crypto and blockchain gaming firms to support the league’s expansion plans, including four new teams and an NFT project.

14.01 / 08:27

business Robinhood stocks exchanges Low Robinhood hits new low as FTX US and Bitstamp USA move into stocks

Crypto exchanges FTX US and Bitstamp USA are working on offering stock trading, which would be a further blow to Robinhood as its share price slumps to new lows.

14.01 / 07:03

business cryptocurrency Bitcoin Top Cryptocurrency News Today: The biggest moves in Bitcoin, NFTs and more

Cryptocurrencies traded in the red early on January 14. The global cryptocurrency market cap is $2.03 trillion, a 1.79 percent decrease over the last day. The total crypto market volume over the last 24 hours is $101.64 billion, a 0.49 percent increase. While decentralised finance (DeFi) accounted for 15.05 percent of the trading volume at $15.30 billion, stablecoins made up 72.06 percent at $73.24 billion. Bitcoin's price is currently Rs 34 lakh and its dominance of the crypto market over the last 24 hours is 40.19 percent in rupee terms. This is a decrease of 0.54 percent over the day. Read more here. [/body][/content]

14.01 / 06:53

business cryptocurrency Bitcoin Cryptocurrency Prices Today: Markets in red as Bitcoin, Ethereum down

14.01 / 05:25

business Social Media virtual reality Returns Second Life creator returns to lay claim to the Metaverse

The founder of Linden Lab’s virtual online world Second Life Philip Rosedale will be rejoining the project as a strategic advisor to guide its entry to the Metaverse.

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