Business Financial News

03.04 / 18:43

Dogecoin business Blockchain elon Elon Musk changes Twitter icon to Doge after seeking lawsuit dismissal

On Apr. 3, social media giant Twitter changed its icon to that of the symbol on the popular meme token Dogecoin (DOGE). Just two days prior, Elon Musk, CEO of Twitter and Tesla, asked a U.S. judge to dismiss a $258 billion lawsuit filed by investors alleging the operation of a pyramid scheme to promote Dogecoin.

03.04 / 16:27

business Blockchain Technology Trading Web3 WonderFi merges with Coinsquare and CoinSmart to form regulated crypto asset platform

Canadian-based companies WonderFi Technologies Inc., Coinsquare Ltd., and CoinSmart Financial Inc. have announced their merger to create Canada's largest regulated crypto asset trading platform with over 1.65 million registered users.

03.04 / 11:59

business Twitter Adoption Payments Social Media Who paid for Twitter Blue verification? Here's how to find out

With Twitter allowing users to verify their accounts for a monthly fee, the number of accounts with a blue checkmark — previously associated with prominent figures — has flooded the social media platform. A browser extension available for Chrome, Firefox and Safari plans to bring back the balance by revealing the accounts that have paid $8 for subscribing to Twitter Blue.

03.04 / 11:59

business Adoption Web3 Metaverse OKX Training OKX launches metaverse training session with football star Rúben Días

Cryptocurrency exchange and Web3 technology developer OKX has been active in the space over the last month, with the latest announcement on its first immersive metaverse fan experience as a part of its “OKX Collective."

03.04 / 10:45

business Technology Metaverse Communications Dubai An ambitious project opens the doors to the metaverse in the heart of Dubai

As the digital world continues to evolve, the concept of the metaverse has emerged as a promising new frontier for businesses looking to enhance communication and customer engagement. With its immersive and interactive nature, the metaverse offers unparalleled opportunities for companies to connect with their customers on a global scale.

03.04 / 10:45

business Blockchain Digital Currency wallet Tokens Airdrop Digital Asset BitKeep Wallet hits 10 million users driven by successful Arbitrum airdrop

Decentralized multichain digital wallet solution BitKeep Wallet has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in recent months, with over 560,000 new users onboarded in March alone. The surge in users can be attributed to several successful campaigns with popular blockchains like Arbitrum and Sui.

03.04 / 09:57

business Bloomberg ChatGPT Financial Bloomberg reveals AI for financial data, community responds

Financial media outlet Bloomberg revealed a new artificial intelligence (AI) model intending to open new ways to use the data available within the company’s terminal. Many responded to the latest development, with some saying that this sparks “the next wave” of corporate AI.

03.04 / 06:41

business Technology Society Machine Learning Media ChatGPT ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO

The creators of artificial intelligence (AI) fuelled applications should pay for the news and content being used to improve their products according to the CEO of News Corp Australia.

03.04 / 02:53

business Blockchain defi Hackers hacks Cybersecurity Cybercrime Allbridge offers bounty to exploiter who stole $570K in flashloan attack

The attacker behind a $573,000 exploit on the multi-chain token bridge, Allbridge, has been offered a chance by the firm to come forward as a white hat and claim a bounty.

02.04 / 20:09

business European Union UK banks are turning away crypto clients: Report

Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor client's transactions.

02.04 / 18:15

business Technology Adoption Machine Learning Science A brief history of artificial intelligence

Multiple factors have driven the development of artificial intelligence (AI) over the years. The ability to swiftly and effectively collect and analyze enormous amounts of data has been made possible by computing technology advancements, which have been a significant contributing factor.

02.04 / 05:47

business Law Binance CFTC regulation security Court CZ, Binance, influencers face $1B lawsuit for unregistered securities promo

Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the crypto exchange, CZ, and three crypto influencers for promoting unregistered securities.

02.04 / 02:55

business regulation us government US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO

The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.

01.04 / 20:29

business Ethereum defi DEX Decentralized Exchange Uniswap Decentralized Finance Uniswap v3 code free to fork as BSL expires

Developers are now allowed to fork Uniswap v3 protocol as its Business Source License (BSL) expired on April 1, shows the protocol documentation. The expiration was a much-anticipated event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX).

01.04 / 17:05

business NFT Gaming Metaverse Executive Activision Former Activision Blizzard executive joins Yuga Labs as CEO

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and CryptoPunks NFT collections, has a new CEO: Daniel Alegre. The executive resigned as president and chief operating officer of the gaming giant company Activision Blizzard to join the NFT startup on April 1.

01.04 / 13:47

business Government Law Binance CFTC SEC Binance vs. CFTC: Latest court battle could alter crypto landscape in US

Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators.

01.04 / 13:47

business Stablecoin Adoption Tokens Terra Future Do algorithmic stablecoins have a future as centralized coins are under scrutiny?

Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms.

31.03 / 22:23

business Adoption regulation FTX open Bermuda still open to crypto firms, says premier: Report

The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with Bloomberg News.

31.03 / 21:31

business Blockchain Technology Decentralization Digital Asset Crypto exchange Bittrex to wind down operations in the US

Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform's ninth anniversary, marking a bittersweet moment for the company.

31.03 / 20:39

business Blockchain Binance Investments Disney Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push

Regulators in the United States have a fresh target on their radar: Binance. The Commodity Futures Trading Commission (CFTC) has sued the world’s biggest crypto exchange by trading volume for regulatory violations. Accusations range from insider trading to concealing office locations around the world to evade authorities’ oversight.

31.03 / 19:23

business White Paper Kraken F1 Bitcoin Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car

The Formula 1 car for the Williams Racing team will feature an excerpt from the Bitcoin white paper, as a result of a sponsorship deal with United States-based crypto exchange Kraken.

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