Business Financial News

29.04 / 03:53
business Twitter Social Media income elon Elon Musk introduces Twitter monetization avenues for content creators
Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content.
28.04 / 21:47
business regulation Microsoft MicroStrategy Lightning Network Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the entities will provide grants, expertise and services to emerging Web3 entrepreneurs. Meanwhile, the United Kingdom government has allocated $125 million in funding for a task force aimed at accelerating the country’s artificial intelligence (AI) readiness. The task force will focus on ensuring sovereign capabilities, such as public services, and fostering the adoption of safe and reliable AI foundation models.
28.04 / 20:09
business Tesla Bitcoin Bitcoin Price National Debt How would a US debt default impact Bitcoin?
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.
28.04 / 20:09
business Blockchain Tokens Asset Tokenization Cointelegraph accelerator program welcomes Brickken: A new step in asset tokenization
As digitalization takes over the financial industry, tokenization is becoming an integral part of tomorrow’s capital market. While making use of blockchain technology, tokenization securitizes assets in a digital way and creates a flurry of opportunities for assets, markets and potential investors.
28.04 / 15:11
business Investments Bitcoin Dollar Crypto Stories: Tim Draper tells how his family moved into Bitcoin
Tim Draper, one of the most known Silicon Valley venture capitalists, has played a crucial role in the Draper VC dynasty. Not only because he was an early investor in tech firms like Tesla or Skype but also because he made a turning point in the Draper family’s path to Bitcoin (BTC).
28.04 / 11:37
business regulation Europe copyrights European Union ChatGPT ChatGPT, Midjourney, other AI tools to make their way into EU legislation
Controversies around artificial intelligence (AI) and its use of copyrighted material have been popping up around the web left and right after a major uptick in the use of the technology for content creation. 
28.04 / 11:29
business Blockchain Kucoin exchanges KuCoin confirms an exchange user is behind alleged daily rug pulls
Crypto exchange KuCoin confirmed that the address allegedly responsible for launching thousands of memecoin scams belongs to one of its users. However, the exchange will not freeze the user’s assets without any official notice from law enforcement. 
28.04 / 11:29
business Bitcoin open Hong Kong regulator requires banks to open accounts for crypto firms
The Hong Kong Monetary Authority (HKMA), the region’s central banking institution and regulator, has called on banks to provide services to cryptocurrency firms.
28.04 / 11:29
business Adoption Survey Research 46% of millennials across major economies own crypto: Bitget research
A new survey suggests that 46% of millennials across major population countries, such as the United States, China, Japan, Germany, Indonesia and Nigeria, own cryptocurrencies.
28.04 / 06:17
business Law regulation SEC Department Of Justice Court Prison Ex-CFO that stole $5M to trade crypto and ‘meme stocks' gets 3 years prison
The former CFO of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million that was used to trade cryptocurrencies and “meme stocks."
28.04 / 05:09
business Federal Reserve ChatGPT AI tool created by JPMorgan analyzes Fed speeches to signal trades
Investment banking giant JPMorgan has reportedly unveiled an artificial intelligence (AI) tool to analyze Federal Reserve statements and speeches to detect potential trading signals.
28.04 / 01:23
business regulation Fraud Police FBI Bankruptcy Former FTX exec Ryan Salame’s home searched by FBI: Report
The home of former FTX co-CEO Ryan Salame has reportedly been searched by the Federal Bureau of Investigation (FBI) as further scrutiny falls on the executive for his close advisory role to Sam Bankman-Fried.
27.04 / 23:19
business Fraud FTX exchanges 'The war room was despondent' — Scaramucci recounts FTX collapse at Consensus
On April 27, SkyBridge Capital founder Anthony Scaramucci revealed what the final days of FTX were like, claiming that most employees of the failed crypto exchange probably didn’t know what its executives were doing behind closed doors until it was too late.
27.04 / 21:57
business Robinhood coinbase Web3 Consensus Bitcoin Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
The launch of "Robinhood Connect," a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27.
27.04 / 18:19
business regulation banking NOT Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
One size does not fit all when it comes to Anti-Money Laundering (AML), the Hong Kong Monetary Authority (HKMA) reminded banks on April 27. Banks should not make it unnecessarily hard to open accounts. 
27.04 / 17:01
business Government regulation Trading Europe Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
Belgian cryptocurrency trading platform Bit4You has suspended all operations, including withdrawals, amid an insolvency investigation of one of its key partners.
27.04 / 12:29
business Funding Banks Bitcoin Standard Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
Global banks continue to expand their cryptocurrency-related capabilities, with the British multinational bank Standard Chartered raising new funding for its crypto platform Zodia.
27.04 / 11:15
business regulation coinbase IRS Kraken Kraken asks San Francisco court to intervene against IRS demands
Crypto exchange Kraken is taking the fight against the United States Internal Revenue Service (IRS) and its demand to present critical exchange user information to the court. The exchange deemed IRS’s demand for customer information as an “unjustified treasure hunt.”
27.04 / 10:07
business regulation FTX Court Bankruptcy Celsius creditors Celsius creditors demand transparency on 'suspicious' FTX transactions
Celsius creditors claim that some FTX users have engaged in suspicious trades that may have manipulated the price of the Celsius (CEL) token in 2022. The creditors are seeking the help of a bankruptcy judge to unmask the users in question.
27.04 / 10:07
business Blockchain Bitget pledges $10M for Fetch.ai ecosystem amid ChatGPT boom
Bitget has pledged $10 million for the development of the Fetch.ai ecosystem, the cryptocurrency derivatives exchange announced on April 27.
27.04 / 09:13
business Binance FTX Bitcoin Binance CEO denies $28B wealth: ‘I don't have anywhere near as much’
Changpeng “CZ” Zhao, CEO of major cryptocurrency exchange Binance, claims to hold a way less net worth than reported by some mainstream media.

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