Business Financial News

21.08 / 10:27

business regulation Google privacy data YouTube tracking Google responds to accusations of ads tracking data of children

Google, the parent company of YouTube, responded to a report that suggested YouTube advertisers are sourcing data from children viewing videos on the platform.

21.08 / 03:51

business Adoption Hackers Scams Fraud Court Bitcoin On-chain tool to seize crypto is a purist's nightmare, but a must: CEO

The founder of layer-1 blockchain Jurat has defended his protocol against potential haters, arguing that on-chain legal enforcement is a necessary trade-off for crypto mass adoption.

21.08 / 02:13

business Blockchain Technology Adoption Social Media coinbase BaSe Friend.tech Unsustainable Friend Friend.tech hype unsustainable? Critics give it only months to live

Friend.tech, a new decentralized social media (DeSo) app has rapidly become one of the hottest new things in crypto, with over 64,000 new users and more than 24,000 ETH in trading volume since its beta version launch of Aug. 11.

20.08 / 20:13

business NFT Social Media Friend.tech Friend Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Friend.tech, a recently released decentralized social (DeSo) network, has generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including Uniswap and Bitcoin networks.

20.08 / 18:09

business Law Mining Court Bitcoin Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit

Crypto miner Gryphon Digital is seeking dismissal from a lawsuit brought by its former partner Sphere 3D over a spoofing attack that resulted in 26 Bitcoins (BTC) being transferred to a fraudulent address.

19.08 / 16:21

business Ethereum ETF regulation SEC Bitcoin Time Ether Futures ETFs could all get approval at same time: Report

The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources familiar with the matter.

19.08 / 10:03

business Blockchain Technology Adoption Agriculture The role of blockchain in agriculture and how it advances the UN’s Sustainable Development Goals

Many global challenges need to be addressed through a collaborative effort. Blockchain can play a role in accelerating some of the major goals, such as ending poverty and fostering inclusive economic growth.

19.08 / 08:29

business Blockchain Law FTX Fried Sam Sam Bankman-Fried requests weekday freedom for legal defense work

Seven days following the Department of Justice's bail revocation for disgraced FTX founder Sam Bankman-Fried, he is now seeking permission to spend five weekdays outside to collaborate with his legal team on his defense case.

18.08 / 22:17

business Binance PayPal BitGo Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services.

18.08 / 21:43

business Blockchain Venture Capital Crypto grants foster innovation amid venture capital exodus

As the bear market keeps slashing venture capital from the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community while enabling the growth of established projects in a challenging crypto environment.

18.08 / 20:39

business IBM ChatGPT IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use

IBM vice president and chief technology officer of IBM Automation, Jerry Cuomo, recently published a blog post laying out what he claims are several risks associated with using ChatGPT for enterprise.

18.08 / 17:59

business Twitter Social Media elon Elon Musk says block feature to be ‘deleted’ on Twitter/X

X owner Elon Musk revealed in an Aug. 18 post on the social media site formerly known as Twitter that he intends to delete the block feature for users on the app.

18.08 / 17:59

business Binance regulation Binance considers legal action against Checkout.com as partnership ends

Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18.

18.08 / 17:07

business Blockchain Stablecoin defi Web3 How can stablecoins transform SMEs in developing economies?

Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platform, offers a unified solution to access stablecoin operations and other Web3 services.

18.08 / 14:55

business Altcoin saga Influencer Bitget and crypto influencer embroiled in legal saga after ReelStar token listing fiasco

Update (Aug. 18 at 2:09 pm UTC): This article has been updated with both sides’ perspectives and additional information. Further commentaries are expected from both sides.

18.08 / 12:51

business Blockchain Investments Tokens stocks Digital Asset acquires Securitize acquires $40b crypto fund manager Onramp

Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets.

18.08 / 08:23

business Technology IBM AI startup IBM Watson team leader raises $60M for AI startup Elemental Cognition

David Ferrucci, the artificial intelligence (AI) researcher who led the team behind IBM Watson’s development - the AI platform developed by IBM, has successfully raised nearly $60 million for his Elemental Cognition AI startup.

18.08 / 05:27

business Law regulation lending Court Crypto firm Helio Lending gets bond sentence over false license claims

Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming it had a local credit license.

18.08 / 04:21

business NFT fees Artists Marketplace Opensea NFT marketplace OpenSea to disable royalty enforcement tool

Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows creators to blacklist NFT marketplaces that don't enforce royalties.

18.08 / 02:41

business SEC Court Terraform Labs Terra SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

The United States Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-founder Daniel Shin — as it builds its case against the firm and co-founder Do Kwon.

17.08 / 21:31

business Blockchain Ethereum layer2 Shiba Inu Shibarium denies bridge issues, calls it FUD

The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating around the crypto community are false.

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