Business Financial News
24.11 / 08:37
24.11 / 08:29
business
Adoption
regulation
exchanges
dutch
Dutch exchange Bitvavo cleared to operate in France
Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF).
24.11 / 06:51
business
wallet
Google
Apple
Bitcoin Payments
Lightning Network
Bitcoin Wallet
Wallet of Satoshi vanishes from Apple and Google’s US app stores
Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.
24.11 / 05:55
business
Investments
CNBC
Bitcoin
Bitcoin Price
Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’
Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency.
24.11 / 03:03
business
ETF
Bitcoin
2024
‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads
The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges.
24.11 / 01:01
business
Law
regulation
FTX
Court
It sounds fishy, but SBF really IS trading mackerel in prison: Report
The crypto trading days of former FTX CEO Sam Bankman-Fried are over, and the recently convicted founder has found a new thing to trade while in jail — fish.
23.11 / 22:59
business
Twitter
Binance
Social Media
X restricts Changpeng Zhao’s account after name change removes ‘Binance’
Social media platform X (formerly Twitter) restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting he “may have potentially violated the X Rules.”
23.11 / 16:37
business
Blockchain
hacks
Huobi
services
HTX to restore services 'within 24 hours' after $13.6M hack
Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.
23.11 / 13:53
business
Blockchain
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent.
23.11 / 13:53
business
economy
economics
Opinion
Central Bank
South America
Milei vowed to close Argentina’s central bank — But will he do it?
The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?
23.11 / 13:53
business
Adoption
Payments
regulation
Fiat Money
services
Alchemy Pay bags money services license in Iowa, expands US services
The Singaporean crypto-fiat payment gateway, Alchemy Pay, announced a further expansion into the United States market on Nov. 23 with the acquisition of its money services license in the state of Iowa.
23.11 / 13:53
business
hacks
Huobi
Poloniex
Bitcoin
Justin Sun-related crypto platforms hacked 4 times in 2 months
Tron founder Justin Sun's crypto businesses have come under repeated attack from hackers over the past two months, with at least four hacks of the largest exploits targeting platforms related to the crypto entrepreneur.
23.11 / 09:27
business
Binance
regulation
SEC
Kraken
Court
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholders.
23.11 / 04:19
business
Law
Adoption
Binance
ETF
SEC
Bitcoin
spot bitcoin ETFs
Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?
Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim.
23.11 / 00:37
business
regulation
Altcoin
Fraud
FTX
Court
Appeals court rejects Sam Bankman-Fried’s bid for release
FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.
22.11 / 20:51
business
Binance
Department Of Justice
Funding
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
Blockchain analytics firm Nansen reported that following a settlement for civil and criminal charges against Binance and CEO Changpeng “CZ” Zhao, outflows from the crypto exchange didn’t result in a “mass exodus of funds.”
22.11 / 19:39
business
NVIDIA
generative AI
Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver
Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion.
22.11 / 19:39
business
Binance
regulation
Cardano
KYC
end
Binance CEO’s downfall is 'the end of an era' — Charles Hoskinson
In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng "CZ" Zhao has stepped down from the exchange. Hoskinson claimed that this event represents “the end of an era.” He argued that entrepreneurs g will need to comply with regulation or else develop completely permissionless protocols that can’t be regulated.
22.11 / 13:33
business
Binance
regulation
Department Of Justice
Court
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, Richard Teng, took to X (formerly Twitter) in an attempt to boost investor confidence.
22.11 / 13:32
business
CoinGecko
NFT
Investments
CoinMarketCap
acquires
CoinMarketCap rival CoinGecko acquires NFT startup Zash
Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash.
22.11 / 13:32
business
regulation
Setting new standards for crypto exchanges in the post-FTX era: Report
The year 2022 saw a historic breakdown of trust in exchanges and other crypto service providers. The collapses of Sam Bankman-Fried’s FTX and Alex Mashinsky’s Celsius are still fresh in the community’s memory, SBF’s trial only recently having concluded. These cases serve as a painful reminder that fraud and bad business practices can happen in corporations of any size and that crypto as a nascent industry is especially susceptible. A sleek website, high trading volume or prime-time television ads are no guarantee that a customer’s savings will be safe.
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