Business Financial News
09.11 / 20:29
business
Microsoft
Quantum Computing
Microsoft enters $100M partnership with Canadian firm after quantum breakthrough
Canadian quantum computing firm Photonic has emerged from stealth to raise $100 million for its all-silicon quantum computing platform. Among the investors is new partner Microsoft, who will co-develop quantum networking solutions with the startup.
09.11 / 18:57
business
Blockchain
Financial
Financial Supervisory Commission of Taiwan awards first securitized token license
Taiwan's financial watchdog, the Financial Supervisory Commission (FSC), has awarded the country's first security token offering (STO) license to Cathay Securities.
09.11 / 18:57
business
Ethereum
ETF
SEC
BlackRock iShares Ethereum Trust registered in Delaware
BlackRock has registered an Ethereum trust in the American state of Delaware, which is possibly a first step toward a spot Ether (ETH) exchange-traded fund (ETF).
09.11 / 13:13
business
Investments
Venture Capital
Bitcoin
Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth
Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).
09.11 / 12:06
business
Robinhood
Investments
GBTC
Bitcoin
Cathie Wood’s ARK bags 1.1M Robinhood shares in one day
ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).
09.11 / 10:53
business
Adoption
stocks
stock exchange
Stock Investment
Frankfurt Stock Exchange includes crypto trading facility in strategy-2026
Deutsche Börse AG, the German stock exchange headquartered in Frankfurt, has included crypto in its strategic priorities for the next few years.
09.11 / 10:19
business
Adoption
Standard Chartered’s venture arm to set up crypto fund in UAE
SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates in partnership with a Japanese financial conglomerate, SBI Holdings.
09.11 / 05:39
business
NFT
Yuga Labs confirms UV lights likely cause of eye issues at ApeFest
Ultraviolet (UV) lights were the likely culptit behind the reported vision loss, eye pain and skin issues for at least 15 attendees of Yuga Labs’ ApeFest event in Hong Kong last week, the nonfungible token (NFT) conglomerate has confirmed.
09.11 / 05:39
09.11 / 04:19
business
Mining
Hash Rate
Bitcoin
Marathon
surges
Bitcoin production
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Bitcoin mining firm Marathon Digital Holdings saw its revenue surge $670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production.
09.11 / 04:19
business
Law
Binance
regulation
SEC
Court
Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued.
09.11 / 00:40
business
Gemini
Self Custody
Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation
Crypto exchange Gemini newly announced measures to comply with the controversial crypto Travel Rule in the United Kingdom reflects a “worrying creep” toward overregulation and will strip customers of their freedom for self-custody, according to a Trezor anal
08.11 / 20:37
business
VISA
Visa launches global AI advisory practice focused on generative systems
Visa announced the launch of its new global artificial intelligence advisory practice on Nov. 8. The consultation service will be part of Visa Consulting & Analytics (VCA) and, according to a press release, focus on “providing actionable insights and recommendations to empower clients to unlock the potential of AI and utilize generative AI.”
08.11 / 20:37
business
Blockchain
Funding
bitcoin fund
HKEX-listed tech firm launches $15M Bitcoin fund
Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on the Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building on the Bitcoin network.
08.11 / 15:13
business
Adoption
Payments
Tokens
Bitcoin Payments
Mobile Payments
Pay and dump? How businesses accepting crypto payments influence adoption
Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies.
08.11 / 14:19
business
Europe
European Union
Bankruptcy
OPNX gets EU spot crypto trading license in Lithuania
Crypto exchange OPNX has obtained a virtual asset service provider license (VASP) in Lithuania, allowing it to provide spot crypto exchange services throughout the European Union, according to a Nov. 8 announcement seen by Cointelegraph.
08.11 / 14:19
business
Adoption
Funding
Donations
How decentralized platforms democratize crypto funding initiatives
While the prevailing traditional financing models resulted in the crypto and blockchain sector raising billions of dollars over the years, they are not without weaknesses, according to Project Catalyst’s group product manager.
08.11 / 10:35
business
Robinhood
Europe
Robinhood eyes European expansion amid Q3 revenue drop
Trading platform Robinhood has revealed its intentions to expand into Europe in the coming weeks. The company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday, Nov 7.
08.11 / 09:09
business
Europe
Bitcoin
Crypto banking app Bitwala relaunches via new partnership with Striga
European cryptocurrency banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations and returning customer funds last year.
08.11 / 09:09
business
Adoption
Binance
wallet
Web3
Self Custody
Binance launches Web3 wallet for its 150M registered users
Crypto exchange Binance announced the launch of its new Web3 wallet at the Binance Blockchain Week conference in Istanbul, to be made available to all users via the Binance mobile app.
08.11 / 06:17
business
NFT
Investments
Funding
Opensea
stake
OpenSea investor marks down stake in platform by 90%: Report
United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%.
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