Business Financial News

01.08 / 06:21

business Stablecoin regulation coinbase Circle Usd Coin analysts US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts

Circle’s USD Coin (USDC) and other stablecoins could potentially face a compliance nightmare if a new national defense bill that passed in the United States Senate makes it all the way.

01.08 / 02:05

business Law Stablecoin Binance regulation ‘Let's just diversify and see' — Binance CEO on its stablecoin strategy

Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.

31.07 / 13:53

business Blockchain Investments Funding Smart Contracts Entrepreneur How blockchain is transforming fundraising for startups and entrepreneurs

The venture capital world has long been known for its traditional approach to funding and investing in startups. However, the emergence of blockchain technology can potentially disrupt this industry and revolutionize the way venture capital operates.

31.07 / 07:41

business SEC Bitcoin Coinbase CEO says SEC told it to delist everything but Bitcoin: Report

Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin (BTC), according to CEO Brian Armstrong.

31.07 / 05:29

business regulation Banks banking Australia's Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams.

30.07 / 17:11

business Ethereum Adoption Investments cryptocurrency investment Bitcoin Silver Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz's ideal portfolio

Galaxy Digital's founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he'd invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH).

29.07 / 21:19

business regulation SEC Court D.C. Circuit reverses SEC ruling on SPIKES futures, calls it "arbitrary and capricious"

The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities should be treated as 'futures' rather than as 'securities futures'. The judge panel called the SEC order "arbitrary and capricious."

29.07 / 19:05

business regulation Europe European Union open GitHub, Hugging Face, urge EU to relax open-source AI rules

An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial intelligence models.

29.07 / 16:01

business Banks banking Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens

The ongoing crisis surrounding the U.S. banking system struck again as Heartland Tri-State Bank of Elkhart was closed on July 29 by the Kansas Office of the State Bank Commissioner, with the Federal Deposit Insurance Corporation (FDIC) taking control.

29.07 / 13:51

business Technology Twitter Adoption ad X’s ad revenue sharing: Crypto payments on the horizon?

Following the announcement of X’s (formerly Twitter) ads revenue sharing initiative, crypto exchange Kraken proposed the possibility of accepting payments in Bitcoin (BTC).

29.07 / 09:11

business Technology regulation Apple Tokens Congress lawmakers Lawmakers probe Apple's App Store policies on blockchain, NFTs

Representatives Gus Bilirakis, from Florida and of the Republican Party, and Jan Schakowsky, representing Illinois and affiliated with the Democratic Party, both serving in the United States Congress joined forces and took the initiative to address their concerns directly to Apple CEO Tim Cook. on the California-based company's App Store guidelines and its effect on emerging technologies like blockchain and nonfungible tokens (NFTs).

29.07 / 07:51

business Law Binance regulation SEC SEC, Binance unite against Eeon’s lawsuit intervention

The response from the United States Securities and Exchange Commission (SEC) and crypto exchange Binance has been submitted regarding the entity "Eeon," which has sought to intervene on behalf of customers in the case. Both the SEC and Binance are against Eeon's petition to intervene, citing that it does not meet the necessary legal requirements for intervention and consent.

28.07 / 19:43

business Ethereum Twitter XRP Banks Bitcoin Rescue services elon Financial Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more

Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.

28.07 / 14:01

business regulation data ChatGPT Worldcoin French privacy watchdog questions Worldcoin's data collection method: Report

The French data protection agency, also called the Commission Nationale Informatique & Libertés (CNIL), is reportedly questioning the legality of data collection methods conducted by Worldcoin, according to a Reuters report.

28.07 / 13:41

business Blockchain Technology Environment Energy Tech Podcast The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain

This summer, parts of the United States are wilting under a multi-month stretch of sweltering heat and data suggests that summer temperatures will continue to creep up in the coming years. The planet is on what seems to be a pretty clear path to soon reaching 1.5 degrees Celsius of warming for the first time since preindustrial times, a milestone number that the world’s countries pledged to try to remain under in the 2015 Paris Agreement.

28.07 / 09:23

business IPO Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report

Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomber.

28.07 / 09:23

business regulation Bitcoin Regulation services Crypto.com registers in the Netherlands, cleared to advertise services

Crypto.com is the latest cryptocurrency firm to receive a green light from the Dutch central bank to offer its services in the country.

28.07 / 09:23

business Mining regulation SEC coinbase Cybersecurity us government SEC adopts cyberattack disclosure rules, listed crypto firms included

Public companies in the United States, including listed crypto firms, will be required to disclose any major cybersecurity incidents within a four-day time limit under new rules adopted by the United States securities regulator.

28.07 / 09:23

business Twitter Adoption Social Media community elon Twitter Community Notes hits 44 countries as Elon Musk seeks ‘truth’ for X

Tech entrepreneur Elon Musk’s Twitter (rebranded to X) added contributors from 18 new countries to ensure the accuracy of the information being shared on the platform. As a result, Community Notes — the information watchdog on X — now has contributors from 44 countries in total.

28.07 / 09:23

Dogecoin business Twitter Elon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under Musk

A former product director at Twitter, now X, has shed new light into the once inner workings of the social media firm, along with some of the peculiarities that come with working under entrepreneur Elon Musk.

28.07 / 04:53

business ChatGPT Bard AI researchers say they've found a way to jailbreak Bard and ChatGPT

United States-based researchers have claimed to have found a way to consistently circumvent safety measures from artificial intelligence chatbots such as ChatGPT and Bard to generate harmful content.

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