Business Financial News

03.11 / 12:13

business Blockchain Asia Australian Blockchain forensics firm Chainalysis opens Australian office

Leading blockchain analytics firm Chainalysis is opening its first Australian office in Canberra, coinciding with the news it has partnered with the Commonwealth Bank on its plans to offer crypto trading to 6.5 million app users.

03.11 / 04:21

business Adoption Banks Commonwealth Bank to enable crypto trading for 6.5M Aussies, 'other banks will follow'

The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app.

02.11 / 21:05

business Blockchain Technology Adoption Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems

AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.

02.11 / 20:23

business Sport Metaverse Nike trademark applications and job posting hint at joining the metaverse

Sports footwear and apparel manufacturer Nike is exploring the design of virtual materials featuring its iconic logo and slogan.

02.11 / 19:43

business Banks stake Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub

Thailand’s oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country after a $536.7 million purchase.

02.11 / 16:55

business Ethereum Investments Bitcoin MICRO ATH CME introduces micro Ether futures as ETH nears ATH above $4,4K

The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product.

02.11 / 16:55

business Funding Venture Capital Sanctor Capital launches $20M fund to bootstrap GameFi, DeFi projects

Blockchain-focused investment firm Sanctor Capital has raised $20 million to fund emerging projects in the cryptocurrency space, offering the latest evidence that venture capital continues to flood the market.

02.11 / 11:21

business Adoption coinbase Indian AI startup Customer acquires Coinbase acquires Indian AI startup to improve customer service

Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup.

02.11 / 10:15

business defi Investments Funding The Sandbox raises $93M to expand its NFT metaverse

The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2.

02.11 / 09:55

business Sustainability Australian Crypto founders top young Australian rich list

The AFR’s list contains 87 of Australia’s richest entrepreneurs aged 40 and under, with each boasting a net worth greater than AUD 36 million ($26.9 million).

02.11 / 09:15

business Blockchain Technology Adoption Top crypto Avalanche creates $200 million fund to lure top crypto devs

The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network.

02.11 / 06:41

business Hash Rate Genesis Digital Assets announces new data center in Texas

Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas.

02.11 / 05:07

business Blockchain Adoption Top U.S. banks offer big incentives to lure crypto talent

Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years.

02.11 / 01:03

business Ethereum Adoption Sport Sorare CEO shares bold vision on NFTs during Web Summit 2021 opening night

Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Nov. 4, 2021. In an opening statement, Carlos Moedas, the Mayor of Lisbon, said that "My dream is that Lisbon will be the capital of innovation in the world." Meanwhile, João Leão, the Minister of Finance of Portugal, stated:

02.11 / 01:03

business Sport Football Bitcoin NFL quarterback Aaron Rodgers will accept part of $22M salary in Bitcoin

Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin.

02.11 / 00:31

business Blockchain Technology Adoption enaira eNaira slowly gains traction post-launch amidst glitches

The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.

01.11 / 23:23

business Blockchain Technology Adoption expansion Patreon to explore expansion into crypto realm

Patreon executives again teased their company's expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with Chief Product Officer Julian Gutman, saying:

01.11 / 21:49

business Government Blockchain Adoption City of Liverpool takes interest in blockchain-powered food delivery platform

On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957 USD) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants.

01.11 / 21:21

business Adoption Amazon services Amazon job posting hints company’s Web Services are preparing to adopt crypto

Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers.

01.11 / 19:57

business Art Adoption Artists Beyond the NFT hype: Creating lasting business models for artists

It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world assets.

01.11 / 19:37

business Google applications play Crypto.com is the #1 app in the Google Play Store in the US

Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories.

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