Business Financial News
05.09 / 21:47
business
Law
Investments
Report
Bitcoin
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin.
05.09 / 19:05
business
exchanges
Fiat Money
MetaMask
MetaMask launches feature to sell ETH for fiat
Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether for fiat currency.
05.09 / 14:59
business
Blockchain
Coinbase to upsize debt repurchase by $30M
Cryptocurrency exchange has upsized its debt buyback offer from $150 million to $180 million.
05.09 / 13:31
business
Technology
Baidu
Meta
OpenAI
Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech company Baidu, Robin Li, said on Sep. 5 that more than 70 artificial intelligence (AI) models have been released in the country, according to a report from Reuters.
05.09 / 11:17
05.09 / 10:35
business
regulation
Scams
MetaMask
phishing
MetaMask scammers take over government websites to target crypto investors
Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings.
05.09 / 10:35
business
BitGo
Bitcoin
South Korean Hana Bank enters crypto custody business with BitGo
One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company.
05.09 / 10:35
business
Blockchain
Startups
tech startups
Cronos Labs begins recruitment phase for $100M accelerator program
Web3 startup accelerator Cronos Labs has launched the third cohort of its accelerator program which aims to support early-stage projects by providing funding opportunities and mentorship. The scheme is backed by $100 million in investment that will be used to support crypto startups.
05.09 / 02:43
business
Blockchain
Adoption
Mining
Developers
ASIC
Bitcoin
MICRO
NOT
Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue.
05.09 / 02:17
business
Cybersecurity
security
Scams
phishing
email
Crypto is in ‘arms race’ against AI-powered scams: Quantstamp co-founder
With the field of artificial intelligence evolving at near breakneck speed, scammers now have access to tools that can help them execute highly sophisticated attacks en masse, warns the co-founder of Web3 security firm Quantstamp.
04.09 / 22:57
business
Ethereum
Binance
hacks
Polygon
Betting
Gambling
Withdrawals
stake
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate.
04.09 / 11:11
business
Department Of Justice
us government
FTX
Court
Fried
Sam
Sam Bankman-Fried files memo asking court to block prosecutor evidence
Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, has filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests.
04.09 / 11:11
04.09 / 07:07
business
Blockchain
Arbitrum
Artbitrum founder says Stylus is a game changer for EVMs
A recently released tool for Arbitrum developers could onboard more devs to Ethereum Virtual Machines (EVM) and improve its code, says Offchain Labs co-founder Ed Felten.
04.09 / 04:17
business
Court
gala
Gala Games
Gala Games founders biff over $130M theft, corporate waste allegations
The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (GALA) and the other alleging corporate waste.
02.09 / 10:25
business
Hollywood
Blockchain
Web3
Streaming
How Web3 can prevent Hollywood strikes - Replay joins Cointelegraph Accelerator
Streaming video is one of the fastest-growing markets in the world, with the OTT video industry alone projected to reach $200 billion in 2023. Short for “over-the-top” video, the OTT video ecosystem includes on-demand video as well as ad-supported video content, and it is mainly driven by the growth of established Web2 streaming platforms, including Netflix, Hulu and Disney+.
01.09 / 14:59
business
Robinhood
FTX
Bankruptcy
Fried
Sam
stake
Robinhood bought back Sam Bankman-Fried's stake from US govt for $606M
Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried, also known as SBF.
01.09 / 14:25
business
Technology
AI could revolutionize human resources, but there are risks
As businesses globally grapple with the challenges of talent acquisition, employee retention and optimizing workplace dynamics, the potential of artificial intelligence (AI) to offer innovative solutions has become a focal point of discussion among human resources (HR) professionals.
01.09 / 09:39
business
Web3
OKX
OKX plans to enter India, hire local employees for Web3 exploration
reportThe cryptocurrency exchange OKX plans to enter the Indian market and recruit local employees in an effort to expand its possibilities of Web3 applications, according to a CoinDesk report.
01.09 / 08:29
business
Adoption
Donations
PHILANTHROPY
crypto donations
Oprah and The Rock collect crypto donations for Maui wildfires victims
The crypto community joins in to support the Maui community as a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson accepts donations in cryptocurrencies.
01.09 / 03:55
business
Government
Sport
Scams
hearing
Ronaldinho denies part in alleged $61M crypto scam at congressional hearing
Retired pro soccer star Ronaldinho Gaúcho has testified at a congressional hearing in Brazil, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name.
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