Business Financial News
25.07 / 01:43
markets
business
Ethereum
Adoption
Ripple
Investments
Bitcoin
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June.
24.07 / 22:07
business
Blockchain
wallet
Rewards
Terra
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets
A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform Labs and its co-founder, Do Kwon.
24.07 / 13:57
business
Government
Blockchain
Ripple
XRP
SEC
crypto law
XRP court ruling marks milestone, but new crypto law could take years
The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem.
24.07 / 13:57
business
SEC
coinbase
Court
Coinbase vs SEC court dates confirmed for initial case arguments
The latest development in the lawsuit of the United States Securities and Exchange Commission (SEC) versus cryptocurrency exchange Coinbase comes as a date is confirmed for the two parties to voice their initial arguments.
24.07 / 09:39
business
Twitter
Bitcoin
elon
Twitter bids adieu to Bluebird as Elon Musk rebrands platform to X
The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo and replace it with a simple X. The rebranding also saw the social media app change its color scheme from blue to black.
24.07 / 06:17
business
Law
regulation
FTX
Court
Bankruptcy
Fried
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
Former FTX CEO Sam Bankman-Fried has agreed to a “gag order” which will prevent him from making comments to third parties that may interfere with his trial — but argues it should apply to all potential witnesses as well, including current FTX CEO John Ray.
24.07 / 03:41
business
Twitter
rebrand
elon
Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas
Twitter users, along with the avid crypto community, may soon see a very different version of the social media app — which is set to ditch its iconic blue bird logo for an “X” as part of a major rebrand.
23.07 / 21:51
business
CBDC
Adoption
regulation
Central Bank
Reserve
Federal Reserve of San Francisco hiring crypto architect for CBDC project
San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC) project, reveals an Indeed job posting. According to the role description, the employee will work on CBDC research and development.
23.07 / 17:21
business
Mining
regulation
Crypto miners
Arkansas counties rush to pass noise regulations for crypto miners
Several counties in the U.S. state of Arkansas are rushing to pass emergency legislations allowing them to control noise and other activities related to crypto mining before a new state law comes into effect on August 1, according to local media reports.
22.07 / 20:57
business
defi
Tokens
Governance Token
Returns
Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns
A recent proposal from Parrot Protocol's team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.
22.07 / 18:57
business
Ripple
XRP
regulation
Crypto License
Ripple applies for crypto license in the United Kingdom
Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA), a spokesperson for the firm told Cointelegraph. The company is also seeking a payments license in Ireland as part of its massive investment in the region.
22.07 / 16:01
business
regulation
Bankruptcy
Celsius
exit
network
Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July 20.
22.07 / 07:39
business
Adoption
Amazon
Google
white house
reports
AI companies
safe
AI companies commit to safe and transparent AI, White House reports
The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.
22.07 / 07:39
business
Adoption
Android
ChatGPT
OpenAI launches official ChatGPT app for Android
OpenAI on July 21, revealed its plan to launch an Android version of the well-received ChatGPT chatbot in the upcoming week. This means Android users will now have access to this AI sidekick 24/7, just like iOS users who have been enjoying it since May.
22.07 / 07:39
business
Blockchain
Shuts Down
services
Nigerian social payments app shuts down crypto exchange services
Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.
22.07 / 01:17
business
Twitter
Twitter to introduce daily limits on DMs for unverified accounts
More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users.
21.07 / 22:53
business
Adoption
Machine Learning
ChatGPT
AI21 Labs debuts anti-hallucination feature for GPT chatbots
AI21 Labs recently launched “Contextual Answers,” a question-answering engine for large language models (LLMs).
21.07 / 22:47
business
Adoption
Binance
Ripple
Venture Capital
Bitcoin
Costs
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits.
21.07 / 20:13
business
Developers
Bitcoin Core
Bitcoin
rights
UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
A British court granted an appeal on July 20 that gave Craig Wright the right to argue in a litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection.
21.07 / 16:29
business
NFT
Metaverse
McDonald’s debuts McNuggets Land in The Sandbox
McDonald's Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land, a virtual world dedicated to celebrating Chicken McNuggets' 40th anniversary.
21.07 / 13:17
business
Blockchain
Binance
Hackers
hacks
Sim Card
Phishing scams
Binance CEO warns of phishing scams as Uniswap founder gets hacked
Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks.
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