Business Financial News
22.06 / 11:13
business
Technology
Adoption
IBM
Commentary
Wimbledon 2023 to feature AI-generated highlights commentary
In an effort to enhance fan engagement, this year's Wimbledon tennis tournament will incorporate artificial intelligence (AI)-powered commentary and player analysis, enabling fans to connect with the championship on a more profound level.
22.06 / 09:45
business
Binance
regulation
Binance faces scrutiny in Brazil, exec summoned to testify before Congress
Deputy Alfredo Gaspar, a member of the Parliamentary Commission of Inquiry (CPI) of the Financial Pyramids has requested the summoning of Guilherme Haddad, the Director of Binance Brazil, to appear before the Brazilian parliament.
22.06 / 09:45
business
Adoption
ETF
Investments
Bitcoin
Bitcoin Equities ETF hits Euronext Amsterdam stock exchange
The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.
22.06 / 06:17
business
Blockchain
Adoption
Ripple
XRP
SEC
services
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.
22.06 / 03:45
business
Adoption
ETF
Investments
SEC
Wall Street
Bitcoin
'The Great Accumulation' of Bitcoin has begun, says Gemini's Winklevoss
Recently renewed optimism for an approved Bitcoin (BTC) spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.
22.06 / 01:59
business
Hackers
hacks
wallet
Atomic Wallet gives major update on hack but questions remain unanswered
Atomic Wallet users have been left wanting more answers, despite the decentralized wallet provider finally releasing a full "event statement" about the June exploit — which some estimate has run up to $100 million in losses.
21.06 / 18:13
business
Venture Capital
Terra Luna
Three Arrows Capital founders launch new VC fund
On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed "3AC Ventures." According to developers, "the partnership will invest in projects building in the OPNX ecosystem and working towards a decentralized future." OPNX was founded by Su Zhu and Kyle Davies, who co-founded the now-bankrupt Singaporean hedge fund Three Arrows Capital (3AC).
21.06 / 17:17
business
Technology
Adoption
Investments
Web3
Decentralization
Support
Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies
Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies.
21.06 / 16:33
business
Mining
Bitcoin
CleanSpark buys two Bitcoin mining campuses for $9.3M
Crypto mining firm CleanSpark is moving forward with its aggressive infrastructure expansion in the United States by acquiring two Bitcoin (BTC) mining facilities in a $9.3 million cash deal.
21.06 / 15:13
business
Adoption
Digital Currency
regulation
Digital Asset
Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore (MAS) released a proposal for a common protocol that would specify the conditions for the use of various types of digital currencies.
21.06 / 15:13
business
Hardware Wallet
Private Keys
Ledger
Bitcoin
recovery
Ledger releases white paper for hardware wallet seed recovery tool
Major hardware cryptocurrency wallet provider Ledger is getting closer to launching its planned solution to allow users to back up and recover a Ledger device seed.
21.06 / 12:15
business
regulation
Senate
U.S. Senator Chuck Schumer calls for ‘comprehensive’ AI legislation
The United States majority Senate leader Chuck Schumer plans to call for “comprehensive legislation” regarding safety measures for artificial intelligence (AI).
21.06 / 09:01
business
Technology
Mining
Bankruptcy
Bitcoin
Bitcoin Miner
Bitcoin miner Core Scientific files its Chapter 11 plan
A Chapter 11 plan for bankrupt Bitcoin (BTC) miner Core Scientific has been filed in line with its Chapter 11 proceedings.
21.06 / 08:01
business
Technology
regulation
bills
lawmakers
National
US lawmakers
US lawmakers introduce National AI Commission Act
On June 20, a bipartisan group of United States lawmakers introduced a bill to establish a commission to study the country’s approach toward artificial intelligence (AI).
21.06 / 06:41
business
Technology
Job
Editorial
German newspaper giant to axe old-school editorial staff for AI
German tabloid company Bild is planning to replace a swath of its editorial staff with artificial intelligence and “automated processes” — the latest example of AI deployment at the cost of human workers.
21.06 / 06:41
business
Law
fees
FTX
Court
Bankruptcy
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
Fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have topped $200 million in just over seven months, but an independent auditor argues it makes sense, given the mammoth task.
21.06 / 06:41
business
Adoption
ETF
Investments
SEC
Bitcoin
Bitcoin Price
spot bitcoin
Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings
At least two investment firms have made new filings for spot Bitcoin exchange-traded funds (ETF) following investment colossus BlackRock’s move to lodge a similar application for its own spot Bitcoin ETF on June 15.
21.06 / 05:43
21.06 / 03:39
business
Adoption
HSBC
virtual reality
banking
Nifty News: Queen, HSBC filings hint at NFTs, Yuga teases robot game and more
British banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications.
20.06 / 22:03
business
Technology
Adoption
Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair.
20.06 / 20:41
business
Blockchain
Binance
Lightning Network
Bitcoin
network
Bitcoin Transactions
Binance to implement Lightning Network nodes for enhanced Bitcoin transactions
On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals.
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