Business Financial News
07.08 / 20:37
business
ETF
Investments
SEC
Ark
Spot Crypto ETFs
crypto ETFs
Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
ARK Investment Management founder and CEO Cathie Wood has reportedly suggested that the United States Securities and Exchange Commission (SEC) will approve multiple spot Bitcoin exchange-traded funds, or ETFs, at the same time.
07.08 / 16:23
business
Telegram
Bitcoin
Messaging App
Telegram crypto
Telegram crypto bots gain momentum in the market: Binance Research
Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services.
07.08 / 16:23
business
Hackers
hacks
CoinsPaid claims North Korean hacking group used fake job interview to steal $37M
Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees.
07.08 / 14:39
business
regulation
Google
data
Indian Government
compliance
India House passes bill to ease BigTech data compliance
The lower house of India’s parliament voted in approval of a bill that will ease data compliance regulations for Big Tech companies, according to a report from Bloomberg.
07.08 / 13:51
business
Blockchain
Stablecoin
PayPal
Breaking: Paypal launches PYUSD stablecoin for payment
American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.
07.08 / 11:03
07.08 / 07:33
business
Blockchain
coinbase
MicroStrategy
Bitcoin
Crypto-centered public companies record profit beating Q2 estimates
A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority of these crypto firms benefited from the rise in prices of the crypto market and a constant decline in bearish momentum, moving away from the crypto winter.
07.08 / 05:01
business
Tether
Celsius
Worldcoin
Weekend
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case.
07.08 / 03:13
business
Blockchain
Stablecoin
Altcoin
lending
vpn
DAI
controversy
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
MakerDAO, one of the early pioneers of decentralized finance, has sparked criticism over its decision to block virtual private network (VPN) users from accessing its recently launched lending platform, Spark Protocol.
06.08 / 21:53
business
defi
Hackers
hacks
Curve Finance
Curve Finance opens bounty after exploiter's return deadline expires
Decentralized finance (DeFi) protocol Curve Finance is extending a bug bounty offer to anyone who is able to identify the exploiter responsible for draining over $61 million from its pools on July 30.
06.08 / 18:51
business
Liquidity
Huobi
Investigations
Huobi's TVL drops to $2.5B amid rumors of insolvency, investigations in China
Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend resulted in the exchange's total value locked (TVL) falling to $2.5 billion at the time of writing, down from $3.09 on July 6.
06.08 / 16:51
business
defi
Bankruptcy
OPNX exchange bids for crypto lender Hodlnaut in Singapore: Report
Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchange has made an offer to take over 75% of the company.
06.08 / 12:43
business
Blockchain
Ripple
XRP
XRP price disappoints after court ruling, Deaton remains optimistic
Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton.
06.08 / 07:53
business
Technology
Mining
Tether
Bitcoin
boost
Tether unveils mining software to boost efficiency and capacity
Tether developers are set to release innovative JavaScript libraries created to facilitate the transmission of commands and signals to Bitcoin (BTC) mining hardware, including WhatsMiner, AvalonMiner and Antminer.
06.08 / 05:49
business
Law
Twitter
Social Media
elon
X will foot legal bills of users unfairly treated by employers for posting or liking content: Elon Musk
Elon Musk stated that his social media company X (formerly Twitter) will fund the legal bills of any user that was treated unfairly by their employer for engaging with content on the platform.
05.08 / 17:57
business
Digital Currency Group
Bankruptcy
New York AG probes transactions at Genesis, ties with Barry Silbert: Report
Digital Currency Group (DCG) is now under scrutiny for its financial transactions involving its subsidiary, Genesis Global Capital. The investigation is reportedly being conducted by New York Attorney General Letitia James, Bloomberg reported, citing sources familiar with the matter.
05.08 / 07:11
Dogecoin
business
Blockchain
Tokens
elon
Elon Musk debunks scam token claims, assures no crypto plans for X
Elon Musk firmly stated that the social media platform X, (formerly known as Twitter), has no plans to launch any crypto tokens, as he responded to a post regarding questionable X and Twitter-based digital currencies on Saturday, August 5.
04.08 / 22:15
business
Bitcoin Regulation
NOT
Coinbase CEO says leaving US 'not even in the realm of possibility right now': Report
Brian Armstrong, chief executive officer at Coinbase, has reportedly waffled about whether the cryptocurrency exchange plans to leave the United States amid regulatory uncertainty.
04.08 / 21:17
business
MicroStrategy
Worldcoin
open
Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more
The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI) entities.
04.08 / 21:17
business
Blockchain
Ethereum
defi
Hackers
hacks
Curve Finance
Exploit
Curve-Vyper exploit: The whole story so far
The decentralized finance (DeFi) ecosystem has experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks.
04.08 / 21:17
markets
business
Stablecoin
coinbase
stocks
Banks
interest rate
Coinbase earnings show the company is now much more than just an exchange
Coinbase, a leading U.S. cryptocurrency exchange, shared its second-quarter results on Aug. 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion.
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