Business Financial News

27.04 / 05:49

business Adoption regulation AML KYC guidelines Crypto License Hong Kong security regulator to issue crypto license guidelines in May

The Hong Kong Securities Futures Commission (SFC) is reportedly set to release cryptocurrency exchange licensing guidelines next month.

27.04 / 04:11

business Blockchain Stablecoin Adoption us government Congress Circle CEO warns of active and accelerating de-dollarization

The United States must implement stablecoin legislation and digitize the U.S. dollar (USD) to mitigate the “very active de-dollarization taking place” around the world right now, says Jeremy Allaire, the chief executive of stablecoin issuer Circle.

27.04 / 03:09

business coinbase Bitcoin Halving Price Analysis Bitcoin Price NY investment bank says 'crypto winter is over,' bullish outlook for Coinbase

Analysts from the prominent New York-based investment bank H.C. Wainwright have declared an end to “crypto winter.”

27.04 / 01:05

business Facebook Adoption Report Metaverse Metaverse division's $4B loss drags on positive first quarter for Meta

Meta suffered a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for the Mark Zuckerberg-led social media empire which posted a final profit of $5.7 billion.

26.04 / 21:35

business tech startups Silicon Valley-based tech accelerator expands its digital asset vertical to France

Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the company announced April 25.

26.04 / 20:45

business Blockchain Hackers hacks Decentralized Exchange compensation Exploit CertiK to launch compensation plan for $2M Merlin DEX exploit

Blockchain security firm CertiK is launching a compensation plan to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE token.

26.04 / 17:05

business Blockchain DEX Airdrop Arbitrum controversy Arbitrum decentralized exchange IAO cancelation draws controversy

On Apr. 26, Xirtam token's scheduled initial airdrop offering (IAO) on the Arbitrum decentralized exchange (DEX) AlienFi was canceled minutes before launch.

26.04 / 14:29

business Art Adoption The rise of AI and the impact it could have on the music industry

Artificial intelligence (AI) has exploded into popular culture, and the music industry is not immune to its impact. From songwriting and music production to marketing and distribution, AI is revolutionizing all aspects of this beloved art form.

26.04 / 12:31

business Adoption UK government safe UK pledges nearly $125M to create "safe AI" taskforce

The United Kingdom is buckling down on its efforts to ramp up the country’s technology sector. Officials released an announcement for funding of a new artificial intelligence (AI) task force.

26.04 / 12:31

business Blockchain Deloitte Taxes Digital Asset Digital Asset Management Deloitte on a crypto hiring spree, reveals LinkedIn job postings

According to the latest updates on LinkedIn, Big Four accounting firm Deloitte — which primarily deals in audit, consulting, financial advisory, risk advisory, tax and legal services — is actively seeking individuals with expertise in cryptocurrency to join their team.

26.04 / 12:07

business BitPanda Banks partnership Bitcoin services Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services

Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch crypto investment services in collaboration with the Austrian crypto firm Bitpanda.

26.04 / 09:57

business Adoption NFT Metaverse partnership Ledger businesses The Sandbox partners with Ledger Enterprise to secure metaverse businesses

A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet.

26.04 / 08:43

business Blockchain regulation SEC security Circle Usd Coin Circle CEO blames US crypto crackdown for declining USDC market cap

Circle CEO Jeremy Allaire says that a cryptocurrency crackdown by the United States regulators has been a major factor behind the declining market capitalization of its stablecoin, USD Coin (USDC).

26.04 / 06:47

business Google Cybersecurity security The danger with Google’s new cloud backup for 2FA authenticator

Google released an update for its popular authenticator app that stores a “one-time code” in cloud storage, allowing users who have lost the device with their authenticator on it to retain access to their two-factor authentication (2FA).

26.04 / 05:49

business Apple White Paper Bitcoin Bitcoin white paper quietly removed by Apple from latest MacOS beta: Report

The world’s largest tech company Apple has quietly removed the Bitcoin (BTC) white paper from the latest beta version of its operating system upgrade.

26.04 / 05:49

business Blockchain Adoption privacy Open Source ChatGPT plugin Solana Labs' ChatGPT plugin allows AI to fetch blockchain data

Solana (SOL) users will soon be able to interact with the network through an open-source plugin enabled on OpenAI’s artificial intelligence (AI) chatbot ChatGPT.

26.04 / 02:53

business Law Adoption coinbase Apple Court Apple's outside payments ban upheld as unlawful in likely win for NFTs and crypto

A California court ruled Apple violated state competition laws by barring app developers from using alternative in-app payment methods apart from its own that included a 30% commission.

25.04 / 22:01

business FTX LedgerX FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

FTX announced that it has entered into a purchase agreement with an affiliate of Miami International Holdings to sell its futures and options exchange and clearinghouse LedgerX.

25.04 / 21:21

business Binance Bankruptcy regulatory Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment

Binance.US has backed out of its agreement to purchase $1 billion of bankrupt cryptocurrency brokerage Voyager Digital assets, the company announced in a tweet. It laid the blame for the move on “the hostile and uncertain regulatory climate in the United States.”

25.04 / 18:25

business lending creditors Majority of creditors want Hodlnaut liquidated

Creditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since August 2022. There is no white knight investor on the horizon, interim judicial manager (IJM) Aaron Loh Cheng Lee explained in a circular updating the case.

25.04 / 17:53

business Government Europe European Union AI companies EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies

Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations.

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