53 / 104 Relevant items tagged with #Finance

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Decentralized Infrastructure Provider Grove Raises $7.9M

[Nov 30, 2023 8:00 AM] Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don't need to incur the costs of buying and running their own equipment.

Institutional Crypto Trading Platform Talos Taps Into Uniswap's Liquidity

[Nov 30, 2023 7:30 AM] It's the first time Talos will be routing trades through a decentralized exchange.

Polygon's Secret Deal: Sending DraftKings Millions to Run Failed Validator

[Nov 30, 2023 6:00 AM] Polygon quietly gave DraftKings' validator preferential treatment while telling the public it was an "equal" member of the validator community.

Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’

[Nov 29, 2023 3:30 PM] The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

[Nov 29, 2023 12:44 PM] Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.

Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup

[Nov 29, 2023 11:39 AM] The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network.

Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com

[Nov 29, 2023 11:02 AM] Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.

Bitcoin Buyer Quietly Accumulates $424M of BTC in 3 Weeks

[Nov 29, 2023 10:58 AM] An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.

2024 Will Be the Year Tokenization Truly (Finally) Begins

[Nov 29, 2023 10:45 AM] After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Companies.

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

[Nov 29, 2023 9:03 AM] Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi

[Nov 29, 2023 8:56 AM] Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024.

Republic to List Profit-Sharing Digital Security Token on INX Next Week

[Nov 29, 2023 8:30 AM] The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation.

‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3

[Nov 29, 2023 7:00 AM] Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes…

Santander Selects Crypto Custody Firm Taurus for Safeguarding: Source

[Nov 29, 2023 6:15 AM] Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland.

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

[Nov 29, 2023 5:00 AM] The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.

Troubled Crypto Exchange Zipmex Proposes to Pay Creditors 3.35 Cents on the Dollar: Bloomberg

[Nov 29, 2023 4:02 AM] The Singapore-based firm has proposed to pay creditors 3.35 cents on the dollar in its latest restructuring plan, according to Bloomberg, which cites people familiar with the matter.

Aave's GHO Stablecoin Nears Elusive Dollar Peg

[Nov 28, 2023 4:42 PM]

Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'

[Nov 28, 2023 1:28 PM] Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice.

A16z Backs Web3 Consumer App Setter in $5M Seed Round

[Nov 28, 2023 9:00 AM] Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users.

Animoca Brands Invests in TON Network, Becomes Largest Validator

[Nov 28, 2023 6:00 AM] The gaming and metaverse-focused firm declined to provide details of the investment.

ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High

[Nov 28, 2023 5:55 AM] The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock.

Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License

[Nov 28, 2023 5:30 AM] The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s…

Binance, CZ paid for defying financial, political status quo — Arthur Hayes

[Nov 28, 2023 4:14 AM] Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes.

Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?

[Nov 27, 2023 1:45 PM] The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs – custody services – hasn't actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes…

Standard Chartered China Offering Exchange Services for Digital Yuan

[Nov 27, 2023 9:09 AM]

Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License

[Nov 27, 2023 8:00 AM]

Hamas, Hezbollah Now Prefer Tron to Bitcoin: Reuters

[Nov 27, 2023 7:06 AM] Almost two-thirds of Israel's Tron seizures were in 2023, including 39 from wallets Israel said in June were owned by Lebanon's Hezbollah and 26 in July from Hamas ally Palestinian Islamic Jihad.

Robert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’

[Nov 27, 2023 3:49 AM] The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments in Bitcoin and precious metals.

Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer

[Nov 27, 2023 2:00 AM] Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.

Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request

[Nov 24, 2023 11:42 AM] The firms said opposition doesn't mean a "wholesale release" of all documents.