Business Financial News

27.11 / 22:51
business Binance regulation Tornado Cash Tornado Cash token falls 57% after Binance announces delisting
The governance token for crypto mixer Tornado Cash, TORN, has fallen by over 50% since Nov. 26, according to data from CoinGecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token.
27.11 / 19:17
business Europe Quantum Computing IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete
IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.
27.11 / 16:11
business Blockchain Standard Chartered joins China's CBDC pilot testing
British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country.
27.11 / 16:11
business Binance Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng, Binance’s former global head of regional markets and now CEO, announced his intention to drive growth at the crypto exchange following Changpeng “CZ” Zhao stepping down.
27.11 / 16:11
business Blockchain Scandals Crypto exchange grace period to remain unchanged in Hong Kong despite scandals
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.
27.11 / 14:45
business Bitcoin Regulation Bitcoin Binance-linked HKVAEX still preparing to apply for license in Hong Kong
Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said.
27.11 / 13:11
business Adoption defi Latin America services OKX launches crypto exchange, wallet services in Brazil
Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. 
27.11 / 10:10
business Blockchain Mining Bitcoin Crypto miner Hive expands data center operations in Sweden
The cryptocurrency mining company Hive Digital Technologies revealed plans to expand its global presence through a new acquisition of property and a data center in Boden, Sweden.
27.11 / 04:47
business Government Cybersecurity security US, Britain and other countries ink ‘secure by design’ AI guidelines
The United States, United Kingdom, Australia, and 15 other countries have released global guidelines to help protect AI models from being tampered with, urging companies to make their models “secure by design.”
27.11 / 04:43
business Stablecoin Adoption regulation Asia Usd Coin Circle and SBI Holdings partner to boost USDC circulation in Japan
Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC and Web3 services in Japan.
27.11 / 04:43
business hacks Huobi exchanges services Crypto exchange HTX reinstates Bitcoin services after $30M hack
Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.
27.11 / 00:54
business Adoption Developers security Lightning Network lightning Bitcoin NOT Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev
Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer.
26.11 / 22:15
business Blockchain Venture Capital layer2 Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution." The VC firm is a seed investor in Blast.
26.11 / 19:05
business Binance regulation Department Of Justice What’s next for Binance’s Changpeng “CZ” Zhao
A recent court filing suggests that Changpeng "CZ" Zhao's legal challenges are just beginning, despite pleading guilty to violating the United States Anti-Money Laundering requirements in a settlement with the Department of Justice. 
26.11 / 00:47
business Binance regulation Money laundering Binance onboarded millions into finance but forgot the paperwork — Columbia professor
Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very different from what is seen in traditional finance.
25.11 / 10:27
business crimes Arrest made in Nigeria’s Patricia Technologies crypto wallet heist
The Nigeria Police Force (NPF) said it has arrested one politician, Wilfred Bonse, for the theft of over 200 million naira ($246,153) from Patricia Technologies’ crypto wallet.
24.11 / 21:19
business Adoption movie Web3 Crypto documentary ‘Bull Run’ takes on Bitcoin, tokenization and trading addiction
The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the financial outcome of a film in a way not historically possible — all with the benefit of blockchain’s transparency and efficiency.
24.11 / 17:25
business Binance CoinGecko SEC Grayscale Circle Crypto Biz: Binance’s CZ falls, Grayscale and BlackRock meet with SEC, and more
Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto exchange in 2017 before resigning on Nov. 21 as part of a settlement with the United States Department of Justice (DOJ). 
24.11 / 14:32
business Blockchain Hackers hacks EXP Attack KyberSwap hacker offers $4.6M bounty for return of $46M loot
The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.
24.11 / 14:32
business Ethereum Digital Aware Bitcoin information Interactive Brokers Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
The brokerage firm Interactive Brokers Hong Kong has been licensed in Hong Kong for virtual asset trading by retail clients, according to a post on LinkedIn by the Managing Director for Asia Pacific at Interactive Brokers, David Friedland.
24.11 / 09:37
business ETF Grayscale stocks Bitcoin Cathie Wood’s ARK dumps 700K GBTC shares in one month
Cathie Wood’s investment firm ARK Invest has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over the past month, even as Bitcoin (BTC) hit 17-month highs over excitement for a possible spot Bitcoin exchange-traded fund (ETF).

popular questions about business

What is business and why is it relevant?

Business is a trending topic that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on business?

All new posts about business can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on business?

We consult with professionals to ensure that the information about business is well-supported and helpful for our readers.