2024-9-7 19:12 |
British banking giant Barclays has upgraded both Coinbase (COIN) and Robinhood (HOOD) to equal weight from underweight, citing better business models. origin »
Bitcoin price in Telegram @btc_price_every_hour
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OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug. 30, citing insiders familiar with the matter.
2024-8-31 03:00 | |
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The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
2024-7-31 18:52 | |
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The SEC has amended its lawsuit to assert jurisdiction over Justin Sun, citing his extensive US travels and business dealings. The post US Regulators Seek Jurisdiction to Prosecute Justin Sun appeared first on BeInCrypto.
2024-4-20 21:00 | |
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Notable NFT news this week is from video game retailer GameStop, which has announced its NFT marketplace will shut down next month. The publicly-traded company is citing “regulatory uncertainty” for its decision to discontinue the NFT business.
2024-1-15 13:27 | |
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The decision was made citing “business and market-related considerations.” Rumors of Bitget acquiring or investing in OSL were doing the rounds in the market. Cryptocurrency exchange BitThe post Why this crypto exchange chose to bow out of the Hong Kong market appeared first on AMBCrypto.
2023-11-15 02:30 | |
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BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter.
2023-10-16 14:42 | |
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The CEO and chair of Pascal Gauthier announces the firm will be cutting its staff by 12% in an Oct. 5 blog post citing the “longevity of the business.”
2023-10-6 23:14 | |
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Recur, an NFT startup hosting brands like Hello Kitty, announces shutdown despite $50 million raise, citing challenges in the business landscape. The post How Recur’s Shutdown Underscores the Challenges of the NFT Market appeared first on NFT News Today.
2023-8-21 03:32 | |
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Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision.
2023-7-20 23:44 | |
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According to a Bloomberg report, Nasdaq, the exchange operator, has announced that it is halting the launch of its crypto custodian business in the United States due to a shifting business and regulatory environment.
2023-7-20 22:00 | |
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New York-based Nasdaq Stock Exchange has decided to delay the launch of its crypto custody service due to the uncertain regulatory environment in the U. S. Nasdaq CEO Adena Friedman, during the company’s quarterly earnings call on Jul.
2023-7-20 20:35 | |
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Сrypto exchange Hotbit is shutting down due to unfavorable market trends and deteriorating operating conditions, making it impossible to remain in business. Hotbit users are advised to withdraw their assets from the platform before June 21. Hotbit, a Hong Kong-based…
2023-5-22 13:32 | |
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Binance CEO Changpeng “CZ” Zhao, on February 17, described reports that his firm was considering delisting U. S-based crypto projects as “false. ” Bloomberg reported February 17 that Binance was reconsidering its relationships with its US business partners, citing a person familiar with the matter, because of the current issues with its partners in the country.
2023-2-18 20:34 | |
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Compass Mining cut off the connections with the Russian mining business BitRiver and neglected to return clients’ bitcoin machines, citing an inapplicable US sanction as the reason. Customers are now suing it for nearly $2 million, alleging fraud. A court…
2023-1-19 17:10 | |
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Crypto exchange Bullish, which aimed to go public on NYSE, has declined the $9bn merger citing the market conditions and the SEC’s new rules on crypto. The crypto winter has affected business relationships across the globe. Far Peak Acquisition Corporation…
2022-12-23 01:56 | |
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Eqonex Limited has closed its crypto exchange in order to focus on its custody and asset management business.
2022-8-15 18:16 | |
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Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter.
2022-6-16 16:15 | |
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Mizuho’s Dan Dolev is skeptical of the exchange getting into the NFT business at this time, citing a decline in NFT internet searches.
2022-4-6 18:31 | |
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Barry Silbert’s Digital Currency Group is hiring a team of financial advisors for its wealth management unit, reported The Block, citing sources with knowledge of the firm's operations. It was last December that the reports of DCG planning to launch a new wealth management business first became public.
2021-11-3 21:17 | |
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Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter.
2021-3-18 18:00 | |
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Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.
2021-2-5 07:57 | |
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PayPal is planning to invest in a new dedicated business unit that deals with crypto and digital currencies. A report disclosed this news on February 3, citing sources familiar with the organization’s operations.
2021-2-4 13:44 | |
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Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […]
2020-12-10 20:10 | |
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On Tuesday, the NASDAQ-listed business services company MicroStrategy bought $175 million worth of Bitcoin. This came just weeks after the company siphoned $250 million into the leading cryptocurrency, citing its ability to act as a reserve asset better than U.
2020-9-17 06:00 | |
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One bitcoin (BTC) exchange in the Netherlands is set to close business following demand for registration and ridiculous fees put in place by the Dutch central bank. Dutch Bitcoin exchange BitKassa has confirmed it will be shutting down its operations in the country this month.
2020-5-7 13:03 | |
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Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U. S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed.
2019-12-18 05:00 | |
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CryptoBridge is the latest cryptocurrency exchange to shut down its business amid tightening government regulations and a shrinking altcoin market. Following on from the 2018 bear market, smaller crypto trading platforms are facing increasingly daunting challenges with many forced to cease operations.
2019-12-3 22:00 | |
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Two massive stock brokerages look set to merge, as sources reveal Charles Schwab will buy TD Ameritrade for $26 billion. The deal may have an impact on the Bitcoin market, given that the latter firm currently offers BTC futures.
2019-11-22 20:10 | |
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By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India.
2019-6-21 13:26 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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Samsung has reportedly postponed the launch events for its $2,000 Galaxy Fold smartphone in Hong Kong and Shanghai, according to reports by SamMobile and Engadget. The press events were originally scheduled for April 23 and 24.
2019-4-22 11:20 | |
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The Dow Jones Industrial Average held relatively steady on Wednesday. According to Goldman Sachs, the US stock market recovery is unlikely to run into a recession anytime soon. If that’s the case, what’s holding back the Dow? Strategists Spar over Recession Risk and Dow Danger On Wednesday, the International Monetary Fund (IMF) slashed its outlook of the global economic growth rate from 3.
2019-4-10 20:59 | |
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The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection.
2019-3-4 18:32 | |
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Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration.
2019-2-27 23:13 | |
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Forget plunking down tens of billions of dollars to acquire Tesla, Apple’s rumor mill is churning out gossip that the iPhone maker plans to debut its own electric van. This latest rumor was kicked off by a German business publication this week.
2019-2-24 13:08 | |
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Argo Blockchain plc, a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the crypto markets, reported Investigate on February 15, 2019.
2019-2-18 14:00 | |
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For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.
2019-2-15 20:28 | |
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Bitmain’s Amsterdam offices are next to go as part of a downsizing operation
2019-1-14 15:54 | |
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On January 8, 2019, Swiss cryptocurrency exchange ShapeShift reportedly laid off 37 employees, citing a tough market climate according to the exchange’s CEO Erik Voorhees. Crypto Winter Hits ShapeShift Another business in the crypto industry has suffered from the prolonged crypto winter that has slowed its growth since November 2018.
2019-1-10 22:00 | |
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According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest decision by the country’s financial watchdog is no exception.
2019-1-3 08:00 | |
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Japanese e-commerce conglomerate DMM Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause
2019-1-3 14:16 | |
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Japanese e-commerce giant DMM. com is reportedly exiting the cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons.
2019-1-2 08:05 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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Japan’s Financial Services Agency (FSA) is set to introduce new Initial Coin Offering (ICO) regulations to protect investors from fraud, local news outlet Jiji Press reported on December 1. Citing the informed sources, Jiji reported that business operators conducting ICOs will be required to register with Japan’s FSA. The agency is planning to submit bills […]
2018-12-3 09:06 | |
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It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU).
2018-12-2 01:45 | |
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Today, November 14, 2018, the New York State Department of Financial Services (DFS) announced that it has approved the application of NYDIG Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.
2018-11-15 01:22 | |
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BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30.
2018-11-7 21:29 | |
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BTCC, Hong Kong-based cryptocurrency exchange, is shutting down its mining pool business, BTCC Pool Limited, after 4 years in operation. On November 6, BTCC Pool said that it would shut down all mining servers on November 15 and would cease operations indefinitely from November 30, citing the reason for the closure as “business adjustments”. The […]
2018-11-6 16:08 | |
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According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.
2018-10-19 22:58 | |
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Barclays PLC (LON: BARC) has made its first direct investment in a stablecoin-related company. The bank has acquired a stake in Ubyx, a US-based startup specialising in stablecoin clearing and settlement.
Краткосрочные владельцы биткоина (STH) фиксируют значительные убытки. На рынке наступил период «очищения слабых рук», заявили эксперты платформы CryptoQuant.
Ziglu, from former Starling Bank exec, promises to be the next step in crypto banking integration
Crypto exchange ErisX has appointed three new executives from the finance and technology spheres, including veterans from Barclays, YouTube and CBOE
Wall Street’s “dreams” of crypto businesses are now shelved and in limbo, Bloomberg writes, citing multiple sources
After introducing cryptocurrency trading services to well-received appreciation earlier 2018, financial services giant Barclays has reportedly shut down the desk without providing sufficient reason.