Business Financial News
10.11 / 12:27
business
regulation
Bitcoin
exit
services
Huobi to halt services in Singapore after China exit
Huobi Global, one of the world’s largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China.
10.11 / 06:39
business
Adoption
New York State
week
New York coin launching this week with Mayor-elect Eric Adams’ blessing
The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams.
10.11 / 06:31
business
defi
Ripple
XRP
Ripple to launch ‘Liquidity Hub’ for finance firms that want to offer crypto trading
Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers.
10.11 / 04:45
09.11 / 23:05
business
Blockchain
Technology
defi
network
‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov
It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source liquidity from multiple DEXs, thereby providing better token swap rates with less slippage.
09.11 / 22:17
business
Blockchain
Adoption
TON
International
chess
The International Chess Federation is first global sports association with its own NFT marketplace
Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for an NFT marketplace. The group said that the marketplace, which launches at the end of November, will be called ChessNFT.
09.11 / 21:19
business
Blockchain
Adoption
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens.
09.11 / 20:26
business
Investments
Apple
Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now
Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens.
09.11 / 19:51
business
Social Media
Funding
Venture Capital
Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web3 and social projects, potentially setting the stage for the next wave of budding crypto startups.
09.11 / 19:35
business
Mining
SEC
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.
09.11 / 18:57
business
Blockchain
Technology
Environment
Crypto's climate impact: Are carbon offsets good enough?
As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority.
09.11 / 17:33
business
Adoption
NASDAQ
Bitcoin
These publicly traded firms are pulling institutions into crypto
Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors.
09.11 / 14:53
business
regulation
Central Bank
Ruble
Russia to change laws for digital ruble, while central bank mulls 2022 prototype
On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters report.
09.11 / 14:03
business
Funding
Venture Capital
Three Arrows Capital, Jump Capital back $40M Neon Labs token sale
DeFi development firm Neon Labs has concluded a $40 million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on Solana, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market.
09.11 / 12:05
business
Blockchain
Ethereum
Adoption
Discord community splits as CEO unveils pre-released Ethereum integration
Citron’s announcement of the upcoming Ethereum (ETH) blockchain integration came as a reply to a tweet from Packy McCormick, founder of Not Boring, sharing an article that read:
09.11 / 09:21
09.11 / 07:41
business
cryptocurrency
MasterCard
crypto payments
Mastercard set to launch crypto-linked Payment Cards in Asia Pacific
Payment card networks Mastercard has partnered with cryptocurrency service providers Amber, Bitkub and CoinJar to launch its first crypto-funded Mastercard payment cards in the Asia Pacific (APAC) region.
09.11 / 06:57
business
Blockchain
Adoption
Investments
EVM
Telos raises $8M funding before EVM launch to avoid token sales
Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives.
09.11 / 01:53
business
Blockchain
Technology
Adoption
ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged
The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include labeling for everything from how a company treats its workers to the number of people participating in an asset's ecosystem by gender.
09.11 / 00:55
business
MasterCard
credit cards
BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific
Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.
09.11 / 00:55
business
Blockchain
Technology
Adoption
Brave to integrate with Solana blockchain on its privacy-enabled browser
During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users.
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