Business Financial News

13.12 / 17:15

business Adoption Decentralization Job Recruiters say crypto firms seeking leadership in engineering, legal and finance

The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to scale their businesses.

13.12 / 12:01

business Robinhood partnership Robinhood partners with Chainalysis ahead of crypto wallet launch

Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet.

13.12 / 11:30

business Blockchain Binance Bitcoin Crypto License Binance Singapore withdraws crypto license application

Crypto exchange Binance has withdrawn its license application for pursuing digital payment token (DPT) services in Singapore. Starting today, Binance.sg has stopped onboarding new users and will not allow Singaporeans to deposit cryptocurrencies or fiat on the exchange.

12.12 / 21:31

business Adoption Investments Matt Zhang on a mission to reinvent crypto for institutional investors

Institutional interest in cryptocurrencies is increasing as the space continues to mature. A survey released on Dec.

11.12 / 20:15

business Adoption Banks Books DeFi resolving the five flaws of traditional finance, book review

Writing a book on decentralized finance is a bit like describing a riddle, wrapped in a mystery inside an enigma, to borrow from Winston Churchill. First, one must summarize the origins of modern decentralized finance, then the mechanics of the blockchain technology that provides the sector’s backbone, and only then do you arrive at DeFi’s infrastructure. It all should be done in 191 pages, too, including glossary, notes and index. It is not an undertaking for the faint of heart.

11.12 / 18:02

business Ethereum hacks Support Bitmart pledges to reimburse hack victims as crypto community voices support

As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the traditional finance system. Now, with the recent Bitmart hack coming to light, these individuals have been given even more firepower.

11.12 / 17:59

business Blockchain Technology Adoption Metaverse opens the gateway for luxury NFTs to become a multi-billion market

The nonfungible token (NFT) market is hot right now, and the future forecasts that it will only be getting hotter. The creation of the Metaverse opens the gateway for NFT luxury brands to reach $56 billion by 2030.

11.12 / 00:22

business Blockchain Cardano Hero Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami

Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership, and ineffective foreign aid, is not a country that comes to people's minds when they think of blockchain adoption. For years, Haiti has been among the world's poorest countries in terms of GDP per capita, as per data from the World Bank.

10.12 / 23:23

business Blockchain Technology Adoption Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX

On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.

10.12 / 22:19

business Blockchain Ethereum IOTA Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener

On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures.

10.12 / 18:23

business Blockchain Ethereum Gaming play Virtue Gaming launches play-to-earn crypto model to bring online poker to US players

On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States.

10.12 / 15:09

business Germany introduces mandatory vaccination for healthcare workers

MPs in Germany have passed a law forcing healthcare staff to get a COVID vaccine.

10.12 / 13:43

business News Julian Assange: WikiLeaks founder can be extradited to the US, court rules

A British court has ruled that Wikileaks founder Julian Assange can be extradited to the US where he faces up to 175 years in jail over the 2020 release of top secret diplomatic cables by Wikileaks.

10.12 / 13:05

business Binance Asia Bitcoin Binance reportedly in talks to launch crypto exchange in Indonesia

Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange.

10.12 / 10:45

business cryptocurrency Framework regulatory PM Modi to take final call on crypto regulatory framework: Report

India's Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies, amid conflicting views, financial newspaper the Economic Times reported on Friday.

10.12 / 09:01

business Gaming Reddit YouTube Gamer-hate: Ubisoft's new NFT project vid gets 96% dislike ratio

French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community.

10.12 / 01:19

business ETF SEC Bitcoin WisdomTree amends Bitcoin ETF application, naming US Bank as custodian

New York-based asset manager WisdomTree has amended its filing for a Bitcoin exchange-traded fund with the Securities and Exchange Commission to name U.S. Bank as its custodian.

10.12 / 00:33

business Blockchain Lightning Network Bitcoin Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users

The Stacks ecosystem is a collection of independent entities, developers and community members working to build a user-owned internet on the Bitcoin (BTC) blockchain. Stacks’ STX cryptocurrency was distributed to the general public through the first-ever Securities and Exchange Commission-qualified token offering in the United States.

09.12 / 23:07

business Funding Venture Capital BSC smart money Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9

Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest decline is nothing but noise. Instead, they see the emergence of an entirely new economy that is transforming business, redefining monetary value and pushing the internet to a new frontier.

09.12 / 21:37

business Investments Bitcoin MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins

Business intelligence firm MicroStrategy has added 1,434 Bitcoin to its coffers after purchasing the crypto asset at an average price of $57,477.

09.12 / 21:21

business Blockchain Ethereum Adoption SushiSwap CTO resigns citing internal structural chaos

Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement:

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