Business Financial News

07.01 / 14:39

business Blockchain Adoption Samsung Samsung launches metaverse store in Decentraland

Samsung is the latest megacorporation to announce a metaventure project, opting for Decentraland for its metaverse project.

07.01 / 12:41

business cryptocurrency Bitcoin Cryptocurrency update: Bitcoin plunges to its lowest since September 2021

Most popular cryptocurrency Bitcoin on January 7, 2022, plunged below $42,000, which is its lowest since September, 2021. Bitcoin touched $40,938, its lowest recorded since September 29.

07.01 / 11:49

business cryptocurrency Bitcoin Bitcoin slumps to lowest since September

Bitcoin on Friday slumped as much as 5 percent to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies.

07.01 / 03:53

business NFT Sega NOT play Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making'

The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users.

07.01 / 00:35

business Mining Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30-Jan. 6

The price of Bitcoin (BTC) cratered below $43,000 on Thursday in a selloff that was stoked by the Federal Reserve’s renewed pledge to start unwinding its pandemic stimulus support. For the so-called diamond hand investors among us, the decline presents an attractive entry point to continue accumulating BTC at discount rates.

06.01 / 21:47

business Television Scams Cybercrime Crypto scams Comedian Stephen Colbert spoofs 'Colbert Coin' in response to rise in crypto scams

Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.

06.01 / 18:41

business cryptocurrency coindcx Polytrade announces listing on cryptocurrency exchange CoinDCX

Polytrade Finance, a decentralised finance (DeFi) lending platform providing working capital to SMEs in the real world using crypto liquidity, on Thursday announced its listing on cryptocurrency exchange CoinDCX.

06.01 / 17:31

business Stablecoin Latin America credit cards Tribal Credit raises $40M in 'hybrid' debt round funded by dollars and stablecoins

Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America.

06.01 / 17:31

business Blockchain Adoption Digital Currency Support Major payments app WeChat to add support for China's digital yuan

WeChat, China's largest messaging app and one of the country's most popular payment services, will start supporting the Chinese government's digital currency.

06.01 / 15:13

business Real Estate Bitcoin Hong Kong real estate giant leads $90M raise for crypto bank Sygnum

Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum.

06.01 / 07:47

business Blockchain Art Adoption Why Kevin O'Leary thinks NFTs could become bigger than Bitcoin

Millionaire investor and crypto proponent Kevin O'Leary thinks that the NFT sector could be worth more than Bitcoin in the future.

06.01 / 00:49

business ATM Cash stake Moneygram buys 4% stake in crypto ATM operator Coinme

Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round.

05.01 / 23:11

business Hollywood Sport Year of sponsorships: Celebrities who embraced crypto in 2021

Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets.

05.01 / 13:05

business defi Backed Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M

Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country.

05.01 / 12:35

business Environment State of emergency in Kazakhstan amid protests over soaring gas prices

Kazakhstan's president dismissed his government and declared a state of emergency on Wednesday in response to protests over rising gas prices.

05.01 / 11:21

business Police Murder NOT Polish murderer on the run for 20 years arrested for not wearing facemask

Police in Poland have arrested a convicted murderer who had been on the run for 20 years because he was not wearing a face mask.

05.01 / 09:11

business Blockchain Investments cryptocurrency investment settlement Hemp grower crowdfunds court case, tokenizes shares in settlement

Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republic investment platform.

05.01 / 09:11

business event Blockchain Samsung Blockchain and the Metaverse make inroads at Consumer Electronics Show

Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week.

05.01 / 06:51

business cryptocurrency Bitcoin Cryptocurrency Prices Today: Bitcoin marginally up, global market cap increases

Cryptocurrencies traded in the green early on January 5. The global crypto market cap is $2.23 trillion, a 0.98 percent increase over the last day. The total cryptocurrency market volume over the last 24 hours is $103.68 billion, which makes a 17.29 percent increase.

05.01 / 00:53

business Blockchain Technology Cion Digital secures funds to expand blockchain orchestration platform

Cion Digital, a developer for an enterprise SaaS blockchain orchestration platform, announced on Tuesday that it had closed out its recent seed funding round at $12 million. The round was overseen by Green Visor Capital and 645 Ventures who have since joined Cion Digital’s board of directors. Additionally, Cota Capital, Epic Ventures, Hourglass Capital Partners, BAT Ventures, Greycroft and Ulu Ventures were also participants.

04.01 / 20:55

business Blockchain Technology Adoption Evedo seeks to bring event planning to the blockchain

Evedo, a platform consisting of business-to-business, or B2B, & business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants involved in organizing events.

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