Business Financial News

25.04 / 17:53

business Blockchain Google Google Cloud Google Cloud broadens Web3 startup program with 11 blockchain firms

Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program.

25.04 / 14:17

business Adoption Web3 Opera generative AI Opera integrates generative AI in the latest browser update

Artificial intelligence (AI) has been making headlines as the technology becomes more pervasive in major industries across the world.

25.04 / 14:17

business Law regulation Court Digital Currency Group Bankruptcy settlement Genesis settlement disrupted by new creditor demands, DCG says

Troubled digital currency company Genesis Capital saw its settlement disrupted by creditors in two months after the initial agreement, raising concerns about the timing of the process.

25.04 / 13:11

business defi Tokens Airdrop Tokenomics The gamble of crypto airdrop hunting and what it means for blockchain devs

In the crypto space, the term “airdrop” refers to the unsolicited distribution of tokens, usually for marketing purposes or as a reward for network participation or contributions.

25.04 / 06:17

business Law Altcoin Tokens ERC-20 5 charged by DOJ over alleged crypto price manipulation scheme

A freshly unsealed indictment has charged five individuals with “conspiring to manipulate the market” in relation to an alleged scheme involving the ERC-20 Hydro (HYDRO) token.

25.04 / 02:45

business Blockchain Ethereum Adoption SEC coinbase Bitcoin ‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya

Regulators in the United States have choked out the cryptocurrency sector to the point of death according to Bitcoin (BTC) bull and billionaire tech investor Chamath Palihapitiya.

25.04 / 00:51

business regulation SEC coinbase exchanges Court Coinbase files court action to compel SEC’s response to rulemaking petition

Coinbase filed a narrow action in a United States federal court that seeks to compel the Securities and Exchange Commission (SEC) to provide a "yes or no" response to a July 2022 petition.

24.04 / 20:13

business regulation Europe European Union compliance German regulators launch inquiry into ChatGPT GDPR compliance

OpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy practices and GDPR compliance.

24.04 / 18:35

business defi Funding Futures Derivatives Bitcoin Options Ethereum Options DeFi options protocol raises $17M for buy-side marketplace

Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team.

24.04 / 18:35

business Twitter Social Media Bitcoin Cash Verification NOT Who on Crypto Twitter chose not to pay for a blue checkmark?

Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a blue checkmark since the platform removed legacy verification on April 20.

24.04 / 16:27

business KYC Bybit to introduce mandatory KYC requirements starting May 8

Starting May 8, Know Your Customer (KYC) identity verification will be mandatory for all products and services offered by cryptocurrency exchange Bybit.

24.04 / 16:27

business Government regulation Machine Learning ChatGPT OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI

Mira Murati, the chief technology officer at OpenAI, believes government regulators should be “very involved” in developing safety standards for the deployment of advanced artificial intelligence models such as ChatGPT.

24.04 / 14:53

business WeChat OKX OKX staff issues clarification amid 'shell token' purchase inquiries

According to a post on Apr. 24, cryptocurrency exchange OKX does not support the buying and selling of "shell tokens" listed on the exchange.

24.04 / 12:31

business Twitter hacks Social Media exchanges KuCoin to reimburse victims of the short-lived Twitter account hack

The official Twitter account of the crypto exchange KuCoin has recently been compromised, leading to users losing their funds to a fake giveaway event. The crypto platform promised to reimburse the funds lost from the incident.

24.04 / 06:29

business regulation Banks Federal Reserve Central Bank banking US Treasury seeks to tighten nonbank rules following banking crisis

The United States Treasury and a number of top U.S. financial regulators suggested new rules to make it easier for the Federal Reserve to designate nonbank institutions as systemically important, making it easier to supervise and regulate them.

24.04 / 04:27

business regulation security Tokens Court ERC-20 SEC wins $2.8M in suit over alleged crypto token price manipulation

A seven-month-long lawsuit between the United States securities regulator and a firm alleged to have manipulated the price of cryptocurrencies has come to a close with a $2.8 million payment.

24.04 / 01:51

business Twitter Venture Capital exchanges Bankruptcy OPNX CEO scolds claimed backers after some deny investing in the firm

A number of supposed Open Exchange (OPNX) investors have been blasted by the CEO of the crypto claims trading platform after some publicly distanced themselves from the project after being named as backers.

23.04 / 21:31

business coinbase Gemini Bankruptcy Celsius Celsius auction has Gemini and Coinbase as new bidders: Report

Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini and Coinbase are among the companies participating in the bids.

23.04 / 18:05

business Digital Currency Africa Backed Zimbabwe's central bank to issue gold-backed digital currency: Report

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as a legal tender in the country. The move is a government initiative to stabilize the local currency from its depreciation against the United States dollar.

23.04 / 08:19

business Google ChatGPT Google DeepMind restructuring aims to deliver next-gen AI breakthroughs

Google and Alphabet CEO Sundar Pichai announced the merger of two entities with the company to form a separate business unit dedicated to the development of the next generation of artificial intelligence (AI) breakthroughs and products.

23.04 / 03:47

business Adoption Payments Asia financing China and Singapore team up to scale green and transition financing

Major Asian economies, China and Singapore, have set up a task force to deepen bilateral cooperation in green and transition finance. The move is aimed at facilitating greater public-private sector collaboration for a low-carbon future in the region.

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