Business Financial News

14.01 / 02:49

business Blockchain Adoption IOTA Iota selected for Phase 2A of EU blockchain initiative

On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement, phase 2A aims to advance European Blockchain Services Infrastructure, or EBSI, in five areas:

14.01 / 00:57

business Blockchain Technology Trading TokenBot helps crypto traders build social communities and monetize market knowledge

There are many advantages to automating one's trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto trading bots account for 70% to 80% of the overall trading volume.

14.01 / 00:29

business Investments Aside from Shark Tank, Mark Cuban says 80% of his new investments are in crypto

Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space in practical terms.

14.01 / 00:11

business Binance PayPal Net Worth Crypto Biz: Here’s what you need to know about CZ’s $96B net worth, Jan. 6-13

Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the back of his booming exchange business and the rapidly appreciating value of Binance Coin (BNB).

13.01 / 23:11

business Adoption Investments acquires Gemini acquires BITRIA to push crypto into the wealth management industry

Crypto exchange Gemini announced Thursday that it had agreed to purchase Bitria, a San Fransisco-based start-up that provides traditional portfolio management tools for use in crypto investments. The goal of Bitria is to provide a platform for traditional asset managers and financial advisors to use in helping their clients invest in cryptocurrencies.

13.01 / 21:25

business Adoption Report Bitcoin Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report

Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways touched upon miners’ behavior and Bitcoin (BTC) network adoption.

13.01 / 20:41

business HK Japan-based crypto exchange DeCurret plans to sell to HK's Amber Group: report

The holding company behind DeCurret, the Japan-based company offering trading and exchanges of digital assets, reportedly plans to sell its crypto business to investment platform Amber Group.

13.01 / 20:25

business CFTC Venture Capital Bitcoin Regulation Former CFTC chair Giancarlo joins CoinFund as an adviser

Blockchain investment firm CoinFund has appointed former United States commodities regulator J. Christopher Giancarlo as a strategic adviser — a move that should help the Brooklyn-based company navigate the complex, ever-changing regulatory requirements in its home country.

13.01 / 17:17

business Funding Venture Capital inflation Crypto heavyweights back inflation-resistant savings protocol

Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs.

13.01 / 12:45

business Adoption Conference Bitcoin boost Institutional investment will boost Bitcoin to $75,000, says SEBA CEO

The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.

13.01 / 03:25

business coinbase Derivatives CryptoMarket Derivatives are coming to Coinbase, following purchase of FairX

Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange.

13.01 / 00:03

business transactions Bitcoin Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney

It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto.

12.01 / 23:22

business Bitcoin Payments Bitcoin Northwest Arkansas offering $10K in Bitcoin to attract remote workers

The Northwest Arkansas Council, consisting of business leaders aimed at promoting development in the region, has announced a crypto incentive program to bring in tech professionals and entrepreneurs willing to work remotely.

12.01 / 16:53

business stocks Federal Reserve Bitcoin Bitcoin shoots to $44,000 as US inflation hits 7% in December

The latest figures from the United States Bureau of labor statistics show that the (Consumer Price Index) CPI hit 7% in December.

12.01 / 16:53

business Banks Bitcoin Swiss acquires Owner of Russian bank Tinkoff acquires Swiss digital asset firm

TCS Group, the owner of the major private Russian bank Tinkoff, is gaining exposure to digital assets.

12.01 / 16:28

business Blockchain Adoption Banks Seba Bank Seba Bank raises $119M in Series C funding

Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency exchange FTX, quantitative digital currency trading firm Alameda Research, decentralized finance asset management firm DeFi Technologies, and venture capital entities such as Altive, Ordway Selections and Summer Capital.

12.01 / 12:53

business SoftBank Bitcoin acquires Mercado Bitcoin operator acquires Portuguese crypto exchange

Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal.

12.01 / 08:01

business Art Auction Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs

Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a series of bong-related NFTs tied to corresponding physical assets early next month.

12.01 / 07:59

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

Cryptocurrencies traded in the green early on January 12. The global cryptocurrency market cap is $2.01 trillion, a 2.39 percent increase over the last day. The total crypto market volume over the last 24 hours is $87.43 billion, a 15.56 percent decrease.

12.01 / 04:53

business Facebook Microsoft Apple Meta Platforms Meta poaches staff from Microsoft and Apple for Metaverse plans

Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse.

12.01 / 03:57

business Ban YouTube Bitcoin Don’t mention ‘K’ country: Bitcoin Magazine's YouTube restored after ban

Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to the YouTube algorithm flagging the word “Kazakhstan.”

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