Business News
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Argentina Embraces Bitcoin for Contract Settlements
In a landmark decision, Argentina has announced that government contracts can now be settled using Bitcoin and other cryptocurrencies. Diana…
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Judge Rejects SBF’s Request for Sentencing Delay
Sam Bankman-Fried, former CEO of the now-bankrupt cryptocurrency exchange FTX, is set to face his pre-sentence interview with the U.S.…
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BlackRock Filed a Revised Bitcoin ETF Proposal For Cash Redemption
Asset management giant BlackRock has taken a significant step towards the approval of its spot Bitcoin exchange-traded fund (ETF) by…
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Binance Settles with CFTC for $2.7 Billion
In a landmark decision, a federal judge approved a substantial settlement between cryptocurrency exchange Binance and the Commodity Futures Trading…
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BONK Tokens Boost Solana Saga Sales
The Solana Saga phone, once grappling with sluggish sales, has experienced a remarkable surge in market demand. This turnaround can…
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SafeMoon Files for Bankruptcy Amid Execs’ Fraud Charges
SafeMoon US, LLC, a once-prominent DeFi protocol, has faced a severe crisis, marked by a Chapter 7 bankruptcy filing in…
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Binance Battles SEC Over Investment Contract Definition and Securities Laws
In an unfolding legal drama, Binance, the world’s largest cryptocurrency exchange, and its founder, Changpeng Zhao, commonly referred to as…
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Robinhood Ushers in a New Era of Crypto Trading in Europe
Silicon Valley’s fintech leader, Robinhood Markets Inc., is set to revolutionize the European Union’s cryptocurrency market with its latest offering…
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Nubank and Circle Unite to Introduce USDC Stablecoin in Brazil
Set to revolutionize digital finance in Brazil, Nubank, a leading digital financial platform, has announced a strategic collaboration with Circle,…
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Coinbase Wallet now Enables Money Transfers Through Social Media and Messaging Apps
Coinbase, a leading U.S.-based crypto exchange, has innovated the process of sending money. Users can now transfer funds through a…
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Crypto Miner Phoenix Group Soars in Historic IPO
In an unprecedented event for the Middle Eastern cryptocurrency sector, Phoenix Group, a renowned Bitcoin miner, has officially listed on…
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Yakovenko Advocates for Solana-Ethereum Coexistence
In a refreshing departure from the typical competitive narrative in the blockchain industry, Solana‘s co-founder, Anatoly Yakovenko, has put forth…
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Amina Bank AG: Formerly SEBA, Redefining Crypto Banking Globally
In a strategic move announced on November 30, Seba Bank AG, a major player in the cryptocurrency ecosystem since 2018,…
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Celsius Opens Withdrawals Amidst Bankruptcy Challenges
In a significant move within the cryptocurrency industry, Celsius, a lending platform that filed for bankruptcy in July 2022, is…
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FTX Exchange Secures Court Approval to Sell Trust Assets Worth $873M
The now-bankrupt cryptocurrency exchange FTX has obtained legal approval to liquidate roughly $873 million of its trust assets to pay…
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SEC Seeks Public Feedback on Franklin Templeton and Hashdex Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States is actively considering spot Bitcoin exchange-traded fund (ETF) proposals from…
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Magic Eden Debuts Beta Test of Cross-Chain Wallet Optimized for NFT Collectors
On November 27, 2023, Magic Eden, a prominent multi-chain NFT platform, declared the introduction of the Magic Eden Wallet in…
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SEC Continues Hunt for Binance.US Fraud Evidence Amidst CZ’s Guilty Plea
The Securities and Exchange Commission (SEC) of the United States is leaving no stone unturned in its pursuit of evidence…
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Former NYSE President Shares his Prediction on Major Cash Influx in Crypto
Tom Farley, the former president of the New York Stock Exchange (NYSE) and current CEO of Bullish, a crypto exchange…
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Circle and SBI Holdings Forge Partnership to Boost USDC Adoption in Japan
Stablecoin issuer Circle has partnered with SBI Holdings, a Tokyo-based financial services firm, to enhance the adoption of USD Coin…
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Singapore Imposes Stricter Regulations on Crypto Trading
In a recent move, the Monetary Authority of Singapore (MAS) has implemented stringent regulations aimed at safeguarding retail investors from…
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Binance and Coinbase Witness Massive Bitcoin Reserve Shift Amid Legal Turmoil
CryptoQuant, a blockchain data analytics firm, has uncovered a significant shift in Bitcoin reserves from Binance to Coinbase, with Binance’s…
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Superstate Secures $14M to Develop Tokenized Investment Funds
Superstate, a pioneering asset management firm, has announced the successful closure of its Series A funding round, raising a remarkable…
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CoinShares Secures Exclusive Rights to Acquire Valkyrie’s ETF Unit
CoinShares International Limited (CoinShares), a top-notch European investment company specialising in digital assets, has announced the securement of an exclusive…
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BlackRock submits S-1 form for its spot Ether ETF
The official filing on November 15 follows BlackRock’s registration of the iShares Ethereum Trust with Delaware’s Division of Corporations a…
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Paxos Will Launch a New USD-Backed Stablecoin in Singapore
Paxos, a leading crypto infrastructure company, has received preliminary approval from the Monetary Authority of Singapore (MAS) to issue a…
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Binance and Gulf Energy Partner to Launch Crypto Exchange in Thailand
Binance, the global crypto titan, is all set to introduce a cryptocurrency exchange in Thailand in early 2024, and it…
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Commerzbank Obtains Crypto Custody License in Germany
Commerzbank, one of Germany’s leading banks, has been granted a crypto custody license. This significant news was announced by the…
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Kazakhstan Embraces CBDC ‘Digital Tenge’ with Pilot Launch
The National Bank of Kazakhstan has officially launched a pilot for its central bank digital currency (CBDC), marking a significant…
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Blockchain.com Secures $110 Million in Series E Funding Amid Market Shifts
Blockchain.com, a leading crypto exchange and wallet provider, has successfully raised $110 million in a Series E funding round. This…
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Goldman Sachs and BNP Paribas Propel Fnality’s $95M Funding Round
Fnality, a London-based blockchain payment firm, has secured another $95 million in a funding round fronted by Goldman Sachs and…
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