Business Financial News
01.12 / 16:59
business
Adoption
Europe
Bitcoin
Croatia’s largest supermarket chain now accepts crypto
Konzum, the largest supermarket chain in Croatia, is keeping up with the times by debuting payments in cryptocurrencies like Bitcoin (BTC).
01.12 / 16:21
business
Cybersecurity
security
Funding
blockchain security firm
Blockchain security firm CertiK approaches unicorn status following $80M raise
Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future.
01.12 / 16:21
business
DEX
Funding
Venture Capital
network
1inch Network concludes $175M Series B led by Amber Group
Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and increase access to liquidity within the decentralized finance, or DeFi, market.
01.12 / 15:57
business
Adoption
Bitcoin
acquires
Blockchain.com acquires SeSocio to cement presence in Latin America
Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina.
01.12 / 14:58
Dogecoin
business
Adoption
retail
Online electronics shop Newegg to accept Shiba Inu crypto during holidays
Major American electronics retailer Newegg continues diving is enabling payments in major cryptocurrency and mem, Shiba Inu (SHIB).
01.12 / 12:11
business
Futures
Crypto.com to acquire two US exchanges for derivatives and futures offerings
Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States with the acquisition of IG Group's stakes in two exchange platforms.
01.12 / 09:41
business
Blockchain
defi
Funding
Borderless Capital launches half billion dollar fund for Algorand projects
Capital venture firm Borderless Capital has launched a fund worth $500 million to support projects building on the Algorand blockchain.
01.12 / 09:41
business
Facebook
Stablecoin
Social Media
end
Meta's head of crypto to step down at end of year
David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of 2021.
01.12 / 01:49
business
Blockchain
Technology
Bitcoin
Deal
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
In a filing with the United States Securities and Exchange Commission on Tuesday, special purpose acquisition company, or SPAC, Adit EdTech Acquisition Corp, announced it would merge with Cincinnati-based Bitcoin (BTC) miner Griid at a $3.3 billion enterprise valuation. SPACs are blank check companies created for the sole purpose of acquiring other firms.
30.11 / 19:19
business
coinbase
Cybersecurity
Coinbase will establish presence in Israel through purchase of Unbound Security
Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S. company launch a research facility in Israel.
30.11 / 19:09
business
Blockchain
Law
Vladimir Putin says cryptocurrencies 'bear high risks'
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism regarding the state of the criticism sector at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:
30.11 / 17:03
business
Developers
Funding
avalanche
seed funding
Avalanche ecosystem accelerator raises $18.5M in seed funding
Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem.
30.11 / 16:59
business
partnership
Bitcoin
Dollar
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ramp and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate.
30.11 / 15:55
business
Funding
South America
Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region.
30.11 / 13:29
business
Binance
Altcoin
Binance CEO reveals one key factor for token listings
The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform.
30.11 / 10:45
business
Kraken
regulatory
Kraken exchange defies competitors’ regulatory concerns with SHIB listing
United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30.
30.11 / 08:27
business
Technology
cryptocurrency
Cryptocurrency | Virtual currencies are here to stay. Astute regulation is what is required
The listing of the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the winter session of Parliament was not unexpected given the statements made by the policy makers, and the growth of the industry. Policy makers have considered a range of options from a total prohibition on private cryptocurrencies to their recognition as a financial asset under the supervision of the regulator.
30.11 / 06:59
business
Stablecoin
DLT
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot
South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.
30.11 / 05:07
business
Ethereum
ETF
SEC
Ethereum Futures Etf
Kelly Strategic Management files for Ethereum futures ETF
Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts.
30.11 / 01:21
business
Federal Reserve
Support
BIS Innovation Hub partners with Fed to support analysis of digital assets
The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system.
29.11 / 23:36
business
Charity
Donations
Charity platform expects significantly larger crypto than fiat donations for Giving Tuesday
Engiven, a crypto donation platform that has helped facilitate contributions to the Salvation Army and others, expects religious groups and non-profit organizations will see significant charitable payments in crypto tomorrow for Giving Tuesday.
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