Business Financial News

29.12 / 21:45

business AML Withdrawals Coinone will stop withdrawals to unverified external wallets

South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January.

29.12 / 19:27

business Robinhood Trading Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17

Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature starting in January 2022.

29.12 / 15:17

business Blockchain Funding Ready Player Me raises $13M to expand metaverse platform

Metaverse gaming platform Ready Player Me has announced a $13 million Series A funding led by the respective co-founders of Wise and Teleport, Taavet+Sten, with further participation from the co-founder of GitHub, Tom Preston-Werner, alongside Samsung Next, Konvoy Ventures and Gmoney.

29.12 / 11:51

business Blockchain Adoption NOT $2.5T crypto market will not wait for nations to onboard: WazirX CEO

Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year.

29.12 / 07:32

business Investments coinbase Funding Sequoia China leads $25M equity round for DeFi wallet DeBank

DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China.

29.12 / 07:31

business Adoption Investments Bitcoin Raoul Pal believes institutions have finished taking profits as year winds up

Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year profits,

29.12 / 03:46

business Sport Bitcoin Payments Getting paid in BTC was a 'big part' of the reason this MMA fighter signed with Eagle FC

Kevin Lee, a professional mixed martial arts fighter, has said a major factor in his decision to sign with a new promotion company was Bitcoin (BTC).

29.12 / 02:44

business Stablecoin Banks FTX exchange floats $1M prize for banks to accept stablecoins

Cryptocurrency derivatives exchange FTX is calling on banks to reach out and discuss the possibility of accepting stablecoins in exchange for a $1 million reward.

27.12 / 19:07

business crimes Bitcoin Some Salvadorans claim funds are missing from their Chivo wallets

Some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.

27.12 / 15:13

business Government Adoption Binance Binance gets green light from Canada and Bahrain

Binance is celebrating the new year with approvals from two different sides of the world.

26.12 / 07:55

business Law Binance Bitcoin Lira compliance Binance Turkey fined 8M lira for non-compliance against money laundering

The Financial Crimes Investigation Board (MASAK), which serves as Turkey’s financial intelligence unit under the Ministry of Finance and Treasury, found crypto exchange Binance’s Turkey operations guilty of violating laws that intend to prevent the laundering of money acquired through criminal means. According to local news media Anadolu Agency, MASAK carried out an audit of Law No. 5549 on Prevention of Laundering Proceeds of Crime, also known as the AML Law.

25.12 / 11:09

business Blockchain community Bitcoin Terra's Mirror protocol warns community against governance attack

Public blockchain network Terra has confirmed an ongoing scam attack via an official governance poll on Mirror, an in-house synthetic assets protocol.

25.12 / 08:09

business Law Adoption Bitcoin Erdoğan crypto law Turkey’s crypto law is ready for parliament, President Erdoğan confirms

Turkey's President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country.

24.12 / 00:11

business Mining Trading stocks Customers Argo Blockchain among most traded stocks by Fidelity customers

Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months, customers were most interested in trading shares of crypto mining firm Argo Blockchain.

23.12 / 21:39

business Funding Venture Capital Crypto Biz: What's up with Jack? Dec. 16-23

When you're no longer at the helm of a publicly-traded company, you have more leeway to express controversial views. Former Twitter CEO Jack Dorsey took to social media this week to express his discontent over venture capital's role in Web 3.0. Some of his Twitter followers agreed with his views, others disagreed and some even blocked him entirely.

23.12 / 20:43

business Trading Bakkt retail Bakkt president Adam White announces departure from digital asset platform

Adam White, the president and founding executive of digital assets company Bakkt, is leaving the firm after three years.

23.12 / 11:51

business Adoption Sport AIM Crypto exchanges aim for home run at Super Bowl 2022

Crypto exchange platforms Crypto.com and FTX will run advertising commercials at the Super Bowl LVI 2022 on Feb. 13. Both exchanges have been working tirelessly to establish their brands and penetrate the United States market.

23.12 / 11:27

business ETF Tesla Top 5 bullish Bitcoin stories of 2021

In terms of price action, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ending 2021 with a whimper, confounding expectations for an end-of-year blow-off top scenario. A six-figure Bitcoin by December became a consensus trade among many analysts, investors and market observers who were expecting the flagship cryptocurrency to replicate its previous four-year cycle.

23.12 / 00:59

business Funding Venture Capital NFT-collateralized loan platform Arcade raises $15M in funding round

Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital.

22.12 / 21:41

business Mining Hive Blockchain on track to mine more Bitcoin, less Ether this quarter

Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter.

22.12 / 11:47

business Blockchain Adoption elon Elon Musk thinks Neuralink is better than Metaverse in long term

Tesla and SpaceX CEO Elon Musk showed no support for the Metaverse and Web 3 ecosystem as he dismissed the terms for being used as buzzwords and marketing tactics.

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