Business Financial News

05.11 / 08:55

business Ethereum Predictions Bitcoin Raoul Pal: Expect the 'path of most pain' around December

Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year.

05.11 / 06:13

business Adoption ETF Australian BetaShares crypto company ETF smashes Australian records on opening day

Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing.

05.11 / 04:21

business Law collapses ACX's parent company Blockchain Global collapses owing $15M

Blockchain Global (BGL), the parent company of the now-defunct Australian crypto exchange ACX, has collapsed with outstanding debts of $15 million.

05.11 / 01:34

business Blockchain Adoption proof-of-work Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan

As reported by Reuters Thursday morning, Tierra Viva ("Alive Earth"), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus, and elephant beetle species exported by Tierra Viva have a retail price of $300 a pair in Tokyo. The beetle species are popular among Japanese schoolchildren and collectors.

05.11 / 00:33

business Cointelegraph Cointelegraph launches Crypto Biz newsletter

The cryptocurrency market has matured from a fringe technology experiment to a global asset class valued at over $2.7 trillion. It’s about time we start treating it as a business — and reporting on it as such.

04.11 / 23:51

business Blockchain Ethereum Stablecoin Terra Usd network Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network

Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra's Ozone Protocol, according to a press release published on Thursday.

04.11 / 20:11

business Investments Google CME Deal Google invests $1B in CME Group along with 10-year Cloud deal

Google’s parent company Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products.

04.11 / 16:29

business Blockchain Investments Bitcoin Kevin Durant’s new SPAC firm to focus on crypto and blockchain

Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant's business associate Rich Kleiman.

04.11 / 16:29

business Charity Donations crypto donations Endaoment raises $7M for nonprofits in its first year as crypto donations thrive

Blockchain-based nonprofit organization Endaoment has raised more than $7 million for charities in its first year of operations, marking another major milestone for the rapidly growing cryptocurrency donations industry.

04.11 / 15:45

business NFT Future play NFTs and play-to-earn are future of gaming industry, says EA boss

Wider adoption for nonfungible tokens (NFT) and play-to-earn games appears to be on the horizon, as one of the biggest names in the gaming industry sees both as the future of the industry.

04.11 / 14:29

business PayPal Apple Bitcoin Apple App Store removes crypto wallet TokenPocket after PayPal complaint

Global payments giant PayPal is going after cryptocurrency wallet TokenPocket over an alleged trademark infringement.

04.11 / 12:51

business Blockchain Binance Binance to spend $115M in France to develop European crypto ecosystem

Global crypto exchange Binance is starting a 100 million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in French and Europe, Binance CEO Changpeng “CZ” Zhao announced in a talk with French Minister Cédric O at the French Ministry of Finance in Paris.

04.11 / 11:45

business NFT Sport Barcelona FC Barcelona set to launch NFT soccer moments with Ownix

The FC Barcelona soccer club has partnered with Ownix to debut the launch of its nonfungible token, or NFT, collection focused on enhancing the connection to its global audience.

04.11 / 01:12

business Funding Venture Capital DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business

Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi.

04.11 / 01:12

business virtual reality Metaverse KuCoin launches virtual office in the Bloktopia metaverse

Crypto exchange KuCoin has announced it will be opening a virtual office inside the skyscraper from the decentralized metaverse Bloktopia.

03.11 / 22:25

business Mining Bitcoin Marathon Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin

United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year.

03.11 / 22:25

business Blockchain Fraud ICO EOS community ramps up battle for organization control against former developer Block.one

Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the network.

03.11 / 18:51

business Adoption Tokens goldman sachs Goldman Sachs boosts tokenization efforts with new partnership

American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset.

03.11 / 16:29

business Blockchain Adoption Twitch Crypto.com co-ops with esports host Twitch Rivals for global crypto outreach

Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner.

03.11 / 14:27

business Blockchain Space Bitcoin Moon To the moon: Huobi wants to send someone to space for its 8th birthday

Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.

03.11 / 13:57

business NFT Crypto Collectibles cryptocurrency trading Cryptocurrency trading platform Crypto.com to debut UFC NFTs

On Nov. 2, crypto trading and payments firm Crypto.com revealed the release of the first authorized UFC nonfungible token.

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