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Why Are DAOs So Important for the Future Business Community?
Here’s a challenge for you. Read the business news headlines for ten minutes and try not to get angry. Why is this so hard? Because it seems that daily there are new reports of a business conducting itself in a way that is selfish and harmful to others; and for all those that make the […] дальше »
2022-5-9 16:43 | |
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Nvidia Hack: How Lapsus$ Demands May Strangely Benefit Crypto Miners
Last Friday, reports of a cyberattack on Nvidia broke out. America's leading chip manufacturer confirmed a blackout on its business operations for close to 48 hours and attempted to quell panic by assuring frantic users that the attack has no effect on its service to customers. дальше »
2022-3-5 12:43 | |
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Meta’s Stablecoin Project Diem Reportedly Looking to Sell Off All Assets
Diem, the ambitious stablecoin project launched by Meta – previously known as Facebook – is reportedly considering shuttering its business, Bloomberg reports, January 26, 2022. A Mum End to Diem? Mark Zuckerberg’s Meta is considering selling all of Diem’s assets and returning the capital to investors. дальше »
2022-1-26 13:00 | |
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More Wins For XRP and Ripple? SEC Reportedly Claims It Never Declared Bitcoin And Ether Compliant Cryptos
Fox Business Gasparino reports that the SEC is arguing that Bitcoin and Ether are not officially non-securities in their case with Ripple. The revelation strengthens Ripple’s fair notice defense. дальше »
2021-12-13 10:40 | |
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DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi'
DEX aggregator 1inch Network closed a $175 million Series B round of funding, as per reports. With that, the liquidity sourcing business is now valued at a massive $2.25 billion. Hong Kong-based AmberThe post DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi' appeared first on AMBCrypto. дальше »
2021-12-2 19:30 | |
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Digital Currency Group Planning Wealth Management Business for Cryptocurrency Millionaires
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. дальше »
2021-11-3 21:17 | |
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Wells Fargo Now Offers Bitcoin & Crypto Exposure To Wealthy Clients
Business Insider reports that wealthy Wells Fargo clients can now get Bitcoin & crypto exposure through the bank. дальше »
2021-8-5 01:31 | |
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Bitcoin of America’s Chief Financial Officer Reports Record Company Growth
PRESS RELEASE. Bitcoin of America (BOA), a popular virtual currency exchange, is reporting record growth. Bitcoin of America is registered as a money services business with the United States Department of Treasury (FinCEN). дальше »
2021-7-2 16:00 | |
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Fox Entertainment Dives Deeper into the NFTs Ocean with $100M Fund
Fox Entertainment and Bento Box Entertainment have announced the launch of a $100 million creator fund for their non-fungible tokens (NFTs) project. The teams say the NFT fund comes under their newly created business unit dubbed Blockchain Creative Labs, according to reports on June 15, 2021. дальше »
2021-6-17 20:00 | |
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South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges
Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security Management System) certification. дальше »
2021-6-5 02:00 | |
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China Bans Banks From Using Cryptocurrency, Causing Worldwide Crash
China has banned any financial institutions and payment companies from doing any business related to cryptocurrencies, Reuters reports. The cryptocurrency market is flourishing in the country, despite crypto exchanges and initial coin offerings being banned in the country. дальше »
2021-6-8 22:26 | |
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Crypto Regulation In India: A Deep Dive
In 2021, new cryptocurrency disclosure rules were enacted in India. Any business dealing in cryptocurrencies must now report their entire crypto assets to the government as a component of the financial reports, starting today. дальше »
2021-5-4 17:45 | |
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Argentina’s central bank is asking citizens to disclose their Bitcoin
The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed. дальше »
2021-4-6 05:30 | |
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2018-era token jumps 10x in days before NFT marketplace announcement
Tokens of crypto exchange WazirX surged over 200% in the hours before reports of the business announcing its own NFT marketplace were released, data from multiple sources showed Monday. The post 2018-era token jumps 10x in days before NFT marketplace announcement appeared first on CryptoSlate. дальше »
2021-4-5 11:22 | |
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Coinbase Opens Office in India Despite Crypto Ban Reports
Cryptocurrency exchange operator Coinbase has announced that it is establishing a business presence in India. The company has also posted several job openings for its Indian operations despite reports that the government may ban cryptocurrencies. дальше »
2021-3-30 19:30 | |
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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. дальше »
2021-1-30 03:30 | |
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Biden Nominates Former Fed Chair & Noted Bitcoin Critic for Treasury
Per reports from Reuters, Biden will tap the Obama-era chair of the Federal Reserve to lead his administration’s economic policy. The report reads, “Yellen, 74, brings decades of economic policy experience and is respected by Congress, international finance officials, progressives and business interests alike”. дальше »
2020-11-24 17:29 | |
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JPMorgan Creates New Business Unit for Blockchain and Digital Currency
Blockchain has long been hyped for its potential application in every sector of business. However, practical results have largely not matched the hype so far. According to some reports, this might be about to change. дальше »
2020-10-28 17:07 | |
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This Billion-Dollar Company Just Bought Over 20,000 BTC Amid Market Turbulence
Not too long ago reports were circulating that the billion-dollar, publicly-traded MicroStrategy was considering a major purchase of bitcoin to protect against inflation. The business intelligence company fears that with all these trillions of dollars being added to the economy via stimulus packages, the dollar will begin to lose its value. But MicroStrategy recognizes Bitcoin […] дальше »
2020-8-12 21:54 | |
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JPM Stock Up 0.57%, JPMorgan Reports Strong Q2 Earnings Despite Uncertainty in Economy
Coinspeaker JPM Stock Up 0. 57%, JPMorgan Reports Strong Q2 Earnings Despite Uncertainty in EconomyJPMorgan's corporate and investment banking businesses did pretty well during the pandemic period which helped the Wall Street giant to offset the losses of its consumer retail and commercial business. дальше »
2020-7-15 11:06 | |
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Electron Partner U.K. Authorities, Launches DLT-Based Energy Trading Solution
Electron, a London-based entech firm that focuses on building infrastructure for a cleaner, cheaper energy, has joined forces with the U. K’s Department for Business, Energy & Industrial Strategy (BEIS), to roll out Project TraDER, a blockchain-based renewable energy trading platform in the Orkney islands, reports Ledger Insights on May 21, 2020. дальше »
2020-5-22 21:00 | |
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COVID-19: Japanese Publisher Taps Blockchain Technology for E-Books Distribution
Media Do Holdings, a leading Japanese e-book firm established in April 1999, has announced plans to integrate distributed ledger technology (DLT) into its processes, enhance the distribution of its e-books, as demands have surged significantly due to the COVID-19 pandemic, reports NIKKEI Business Daily on May 17, 2020. дальше »
2020-5-19 17:00 | |
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Microsoft (MSFT) Stock Price Up 4.49% after Company Reports 15% Sales Jump
Coinspeaker Microsoft (MSFT) Stock Price Up 4. 49% after Company Reports 15% Sales JumpMicrosoft (MSFT) stock price has risen as the software giant released its fiscal Q3 results. Sales increased by 15%, powered by Microsoft cloud business. дальше »
2020-4-30 15:21 | |
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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. дальше »
2020-4-30 01:00 | |
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Galaxy Digital Lays Off 15% Of Its Staff, Crypto Firm In Trouble Or Business As Usual?
Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD. дальше »
2020-2-14 17:57 | |
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UK’s Financial Conduct Authority (FCA) Revises Crypto-Based Business Registration Fee
Following a series of consultative forums with the virtual assets community, UK’s Financial Conduct Authority (FCA) has revealed that its revising crypto businesses registration fee upwards. The regulator has henceforth rolled on two distinct registration fees for crypto-based businesses according to their sizes AMBCrypto reports. дальше »
2020-2-3 23:24 | |
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Vietnam: Binance Crypto Exchange Adds Fiat Support for Vietnamese Dong
Malta-based cryptocurrency exchange Binance has launched peer-to-peer (P2P) trading services for the Vietnamese dong, Finance Magnets reports, January 20, 2020. Binance Adds Support for Vietnamese Fiat In a bid to expand its already growing business footprint, major digital currency trading platform Binance has officially launched P2P trading services for the Vietnamese dong. дальше »
2020-1-21 11:00 | |
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South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals
Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019. дальше »
2020-1-14 12:00 | |
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New Data Indicates That Europeans Are The Most Active Traders For Bitcoin Futures On BitMEX
Fresh data reveals that for the last one month, European business hours have recorded high levels of activities on Bitcoin futures trades within the BitMEX platform. High volumes of BitMEX XBT/USD futures contracts were witnessed during European business hours, Bitcoinist reports. дальше »
2019-12-17 23:06 | |
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TikTok Owner ByteDance and a Chinese State Owned Media Partners on Blockchain and AI
The proprietor of renowned video sharing social media platform TikTok has inked a deal for a joint venture with a Chinese state owned media company to develop artificial intelligence as well as blockchain-based business models, Bloomberg reports. дальше »
2019-12-14 20:14 | |
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eToro Cryptocurrency Debit Cards Coming in Q2 2020
UK-based social trading platform eToro is poised to launch cryptocurrency-enabled debit cards in Q2 2020, reports Business Insider, December 9, 2019. Bringing Crypto to the Masses In a bid to make the use of cryptocurrencies a mainstream phenomenon, UK-based cryptocurrency trading firm eToro is seriously considering launching digital currency-enabled debit cards in Q2 2020. дальше »
2019-12-10 13:51 | |
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South Korea’s SK Group Set To Launch A Donation Blockchain With Two Native Cryptocurrencies
Two tokens set to be launched by the third largest Korean conglomerate, SK Group, after local dailies report the development of a business blockchain. The conglomerate will launch the Social Value Coin (SVC) and the Social Value Power (SVP) Local reports from South Korea confirm that SK Group, one of the largest conglomerates is planning […] дальше »
2019-8-10 20:13 | |
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Retail Giant Overstock Reports Losses, Says Blockchain Business Strong
Overstock has stated that its blockchain subsidiary firm, tZERO, is progressing as planned, with a focus on six key areas — notably security tokens
дальше »2019-8-9 14:23 | |
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New CFTC Chair Believes Blockchain Technology Holds Great Promise
The incoming head of U. S. Commodity Futures Trading Commission (CFTC) has highlighted the importance of blockchain as an emerging technology, reports Fox Business. With commentators taking issue with the patchwork of cryptocurrency regulations in the country, the new CFTC chief assures that his department will look into crafting laws that support the industry. дальше »
2019-8-5 17:00 | |
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India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies
The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019. дальше »
2019-7-31 11:00 | |
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Powerful Indian Tech Lobby Blasts Government’s Proposed Cryptocurrency Ban
India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban. дальше »
2019-7-30 16:07 | |
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FBI suspects tea company that ‘pivoted’ to blockchain of insider trading
Long Island Tea Corp was one of those companies that randomly added the word “blockchain” to the name of their business to seem cool (and maybe bump up its stock) – but it appears its name change may be more sinister than first thought. дальше »
2019-7-26 12:48 | |
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Binance’s Changpeng Zhao Believes Trump’s Anti-Crypto Rhetoric is Ultimately a “Good Thing”
Changpeng Zhao (CZ) doesn’t believe Trump’s recent anti-crypto rhetoric will have an adverse effect on the industry as a whole, reports CNBC, July 23, 2019. The Binance CEO says the industry has sufficient maturity and censorship resistance to survive any government-led crackdown. дальше »
2019-7-24 23:00 | |
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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
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$73M Of Bitcoin Pulled From Bitmex Following Probe Reports
Bitmex has seen net outflows of $73 million worth of Bitcoin in 24 hours. This followed reports that the CFTC was investigating the exchange for allegedly servicing US traders. Panic Leaving Or Business As Usual? The outflows were first reported in a tweet from London-based Token Analyst. дальше »
2019-7-20 18:00 | |
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Canada Updates AML Rules, Sets New Standards For Crypto Exchanges
In a set of anti-money-laundering amendments finalized late last month, the Canadian government will now classify both domestic and foreign crypto exchanges as money servicing businesses, meaning they must register with the Financial Transactions and Reports Analysis Centre of Canada to conduct business. дальше »
2019-7-12 19:04 | |
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“Dr Doom” Economist Roubini To Sue BitMEX CEO Over Intentions Of Bringing Him A Bad Reputation
American economist, Nouriel Roubini is popularly known as Dr Doom for having predicted the 2008 financial crisis. The economist and professor at New York University’s Stern School of Business took part in a debate with BitMEX CEO, Arthur Hayes in Taiwan reports CCN. дальше »
2019-7-7 18:40 | |
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India bank manager arrested in cryptocurrency Ponzi scheme crackdown
The allure of fast profits from cryptocurrency appears to have been too great for one bank manager in India. The manager of a Standard Chartered branch, a private bank in India, has been arrested for running a cryptocurrency scam in which he promised unrealistic returns on a digital coin, Business Standard reports. дальше »
2019-7-3 12:52 | |
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Leading Restaurant Chain in Singapore Debuts Bitcoin Payments
Kopitiam has announced plans to accept bitcoin payments as part of the company’s efforts to adopt digital payment means, The Business Times reports, July 01, 2019. The move forms part of a growing wave of cryptocurrency adoption sweeping across Singapore and Southeast Asia as a whole. дальше »
2019-7-2 09:00 | |
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Mortgage Giants Fannie & Freddie Eye Market Return in Possible IPO
In a move that is long overdue, JPMorgan Chase is floating the possibility of an IPO for Fannie Mae and Freddie Mac, Fox Business reports. Resurrection for Mortgage Guarantors Both Fannie Mae and Freddie Mac collapsed during the financial crisis as quasi-government entities responsible for insuring millions of mortgages that went bad. дальше »
2019-7-2 05:10 | |
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