Business Financial News
17.11 / 07:33
business
Crypto users
A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey
More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season.
17.11 / 06:59
business
virtual reality
Launch
Sandbox Metaverse Alpha launches Nov. 29 after four years in development
Animoca Brands' virtual property and gaming firm The Sandbox is opening up part of its Metaverse to players for the first time via a multi-week play-to-earn (P2E) Alpha event.
17.11 / 02:47
business
Sport
Bitcoin
NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC
The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption.
17.11 / 02:47
business
Bitcoin
Mt. Gox rehabilitation plan is now 'final and binding'
The rehabilitation plan to compensate creditors from the now-defunct crypto exchange Mt. Gox is now finalized following confirmation from a Japanese court.
17.11 / 00:21
business
Tether
Lightning Network
P2P Networks
boost
network
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream through an independent financial platform that utilizes the Lightning Network.
16.11 / 20:57
business
Ethereum
Adoption
Bitcoin
Brave launches browser-native crypto wallet to combat fake extensions
Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.
16.11 / 19:23
business
Blockchain
Technology
Adoption
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine.
16.11 / 18:47
business
Airlines
Tourism
American Airlines
American Airlines partners with decentralized travel market Winding Tree
Ethereum-based decentralized travel marketplace Winding Tree has announced a new collaboration with American Airlines that will allow select travelers to receive tailored booking options, opening up a potential new use case for blockchain technology.
16.11 / 15:35
business
IPO
Bitcoin
Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022
Galaxy Digital Holdings, Mike Novogratz’s cryptocurrency investment management firm, is not going public in the United States in late 2021 as the firm previously planned.
16.11 / 10:29
business
BTC Markets
BTC Markets hires former ASX and Tyro executives to advisory board
Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over AU$17.1 billion on the platform.
16.11 / 09:25
business
cryptocurrency
Bitcoin
Bitcoin falls more than 4% to near $60,000
Bitcoin, the world's biggest and best-known cryptocurrency, fell more than 4 percent on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
16.11 / 06:59
business
Investments
Venture Capital
Paradigm unveils new $2.5B crypto fund
Crypto investment firm Paradigm has revealed a new $2.5 billion”New Venture Fund” to expand its investment into cryptocurrency companies and protocols.
15.11 / 18:57
business
Adoption
Bitcoin
Marathon
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt
Marathon Digital Holdings, one of the largest Bitcoin (BTC) mining companies in the United States, is looking to raise $500 million in debt to buy Bitcoin and set up new Bitcoin miners.
15.11 / 12:43
business
Stablecoin
Usd Coin
expansion
Circle to invest in Japanese yen stablecoin as part of expansion to Asia
Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets.
14.11 / 12:15
13.11 / 19:45
business
Adoption
defi
YouTube
open
As Patreon tests the waters, can crypto open doors for content creators?
As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as though online content creator platform Patreon is actively looking to devise its very own social token — or “creator coin” as it likes to call it — as a way of diving into the world of cryptocurrencies.
13.11 / 01:21
business
Social Media
coinbase
Wealth flex? Coinbase now allows users to share their crypto allocations
Any of U.S.-based crypto exchange Coinbase’s roughly 68 million verified users can now more easily make information on their portfolio public.
12.11 / 23:53
business
Blockchain
Ethereum
Bitcoin
Holdings
Crypto Holdings
Shark tank star Kevin O'Leary says crypto holdings comprise 10% of this portfolio
In a live recording with Reddit's r/CryptoCurrency Talk Thursday, Shark Tank celebrity Kevin O'Leary discussed how cryptocurrencies now make up 10% of his investment portfolio:
12.11 / 20:47
business
ETF
Investments
Bitcoin
Report suggests BlackRock has 'no current plans' to launch crypto ETF as deadline for VanEck's offering approaches
BlackRock Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds (ETFs) linked to crypto assets anytime soon.
12.11 / 17:31
business
PayPal
Apple Pay
Bitcoin
AMC Theatres debuts online Bitcoin payments after months of teasing
American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option.
12.11 / 14:59
business
Blockchain
A mainnet swap and its subsequent domino effects led the price of this token to 5x in a month
Blockchain will continue to be considered in its early stages of maturity until it reaches widespread adoption among institutions. With institutional adoption, access to the technology could be in reach for those who currently lack the technical skills necessary to understand how it works.
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