World Financial News
23.11 / 09:55
business
cryptocurrency
Environment
World
New York state partially bans cryptocurrency mining powered by fossil fuels
New York has become the first state in the US to temporarily ban new permits for fossil fuel plants that power cryptocurrency mining, which is an energy-intensive exercise. Crypto mining is the process used in the transaction of cryptocurrencies such as bitcoin and ethereum.
24.12 / 12:53
business
cryptocurrency
World
Fried
Sam
bail
How Did Sam Bankman-Fried Make His $250 Million Bail?
The release this week of Sam Bankman-Fried, the disgraced cryptocurrency executive, from federal custody on a $250 million bond has raised questions about the federal bail process and why such a high-profile defendant was allowed to go free.
01.12 / 14:29
business
cryptocurrency
World
UK
TP ICAP obtains crypto exchange license in the UK
TP ICAP has obtained a license to register as a cryptoasset exchange provider with UK's financial regulator through its Fusions Digital Assets marketplace, the world's largest inter-dealer broker said on Thursday.
30.11 / 09:33
business
cryptocurrency
World
Bankruptcy
Fried
Sam
How Sam Bankman-Fried tried to cling to FTX
David Yaffe-Bellany
23.11 / 09:55
business
cryptocurrency
World
Bitcoin
Bitcoin at $1 million? You must be joking, netizens troll Cathie Wood on her forecast
Cathie Wood is holding on to her forecast of Bitcoin reaching $1 million by 2030 and the internet is in splits.
19.11 / 11:03
business
cryptocurrency
World
safe
Customers
After FTX, crypto exchanges struggle to convince customers they’re safe
Moves by cryptocurrency exchanges to reassure markets about their stability are having little effect on jittery users, who keep pulling funds from the venues.
18.11 / 12:17
18.10 / 09:19
business
cryptocurrency
Digital Currency
World
Crypto hackers steal $3 billion in 2022, set to be biggest year for digital-asset heists
Despite prices of cryptocurrencies crashing this year, digital currencies continue to remain cash vending machines for hackers. Investors have lost over $3 billion to hackers across 125 hacks in 2022 so far, which is likely to surpass 2021 as the biggest year for hacking on record, according to blockchain analytics company Chainalysis.
26.09 / 09:39
business
Technology
World
Bitcoin
NOT
Tips to find the next big crypto initiative and not get conned
The acceptance rate for cryptocurrencies is at an all-time high and the markets are expanding globally. This brings both opportunity and vulnerability. El Salvador and other nations have begun to accept Bitcoin as legal tender and other nations are seeking to regulate virtual currencies. There is a lot of speculation over regulation of cryptocurrency because its future vis-a-vis governments is uncertain.
07.09 / 11:15
business
Blockchain
Technology
World
How cryptocurrency & the metaverse are joined at the hip
Bitcoin, Web3, and the metaverse: other than the fact that they are all contemporary technology buzzwords, what do these three have in common?
24.07 / 10:49
business
cryptocurrency
Asia
World
Troubled crypto exchange Zipmex says it’s mulling possible offer
Zipmex, a cryptocurrency exchange that operates in markets like Singapore and Thailand, said on Sunday it was considering a possible offer after talks with interested parties and due diligence should commence.
20.07 / 11:13
business
cryptocurrency
World
Bitcoin
500
Bitcoin can hit $500,000 in 5 years, says billionaire investor Mike Novogratz
Billionaire investor Mike Novogratz says that Bitcoin (BTC), the world’s largest digital currency by market capitalisation, can hit the $500,000 mark in the next five years, thanks to increased adoption and outstanding properties. The Wall Street veteran said Bitcoin has some outstanding properties, including being tailor-made to be an anti-inflation store of value.
20.07 / 08:13
business
Ethereum
World
Bitcoin
Cryptocurrency market back above $1 trillion in market capitalisation
The global cryptocurrency market crossed $1 trillion in market capitalisation in the past 24 hours, bringing relief to investors and raising hopes about the start of a bull run.
19.07 / 12:59
business
Technology
World
Bitcoin
Crypto Whale
Crypto whale watching: Why investors should track them to generate profit
Imagine swimming alongside a whale in the middle of an ocean — the experience can be reassuring or frightening, depending on your proficiency at swimming and your comfort with the largest mammal on earth. Now, apply the same concept to the crypto world and you’ll get the picture of what it could mean to follow the crypto whale.
18.07 / 11:35
business
Technology
cryptocurrency
World
Crypto investors: How to prevent the rug being pulled from under you
Blockchain technology brought together the security of cryptography and the accessibility of the internet and promised to revolutionise the way the world transacts in finance. There would be no need for central banks and other intermediaries like banks and information would be stored securely, making it impossible for other users to add, delete or change.
13.07 / 11:05
markets
business
cryptocurrency
World
NOT
Crypto markets have not yet bottomed out: Glassnode
Long-term holders and miners are under remarkable pressure to surrender amid bearish cryptocurrency market sentiments while activity levels of small and large entities suggest the market has not yet formed a confident bottom, according to blockchain analysis firm Glassnode.
12.07 / 11:03
business
cryptocurrency
World
Understanding how stablecoins have fared in the crypto bear market
Long considered a hedge against inflation and a better alternative to fiat currencies that are susceptible to devaluation, most cryptocurrencies have significantly underperformed benchmark stock market indices.
11.07 / 10:39
business
cryptocurrency
World
Bankruptcy
Lawyers
NOT
Three Arrows Capital founders whereabouts not known: Lawyers
Su Zhu and Kyle Davies, the founders of Three Arrows Capital (3AC), the beleaguered crypto hedge fund, might have fled Singapore and their whereabouts are unknown, the firm’s lawyers said in its bankruptcy filing.
26.06 / 15:47
LGBT
World
Attack
Norway mourns as memorial service for victims of Oslo shooting held
Norway's prime minister and members of the royal family joined mourners at a memorial service in Oslo Cathedral Sunday for the victims of a shooting in the capital's nightlife district.
26.06 / 14:33
Africa
World
NATO
NATO summit to highlight growing influence of Russia, China in Africa
While Russia's invasion of Ukraine is certain to dominate an upcoming NATO summit in Madrid, the alliance's new Strategic Concept -- its main working document for the next decade -- is having to contend with Russia and China's growing influence in Africa.
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