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⿻ 2370 results found.

Crypto and Meme StocksRival Afghanistan AtopGoogle's Year in Search
Meme stocks and cryptocurrencies rivaled major sport and the fallout from the Taliban's rise to power as the biggest search and news trends for Google in 2021.
03:47 AM
Bitcoin Miners Who Flockedto Kazakhstan Now See 'Zero Potential'
A crunch in the country's power supply has pushed the government to crack down on anenergy-intensive industry it had once welcomed with open arms. (BTC )
02:19 AM
Sequoia Sees Indian Financial Firms' Value Soar to $2.5 Trillion
U.S.-based private equity investor Sequoia Capital expects valuations for India's financial services providers to more than treble to $2.5 trillion by the end of this decade, with fintech firms grabbing a fifth of that pie as global investors line up to buy a slice of the fast-growing sector.
02:02 AM
Key TakeawaysFrom Crypto CEOs' Trip to Capitol Hill
Stablecoin regulation was front and center at a Congressional hearing on crypto Wednesday that was surprisingly cordial -- likely due to the absence of a key and controversial industry player.
Dec 08
04:03 PM
A $5 Billion SoftBank Fund is 10% Crypto, LatAm Director Says
It's obvious the most attractive space to invest in Latin America is crypto, according to SoftBank's Paulo Passoni.
Dec 08
03:05 PM
RBA's Lowe Sees No Strong Case for Central Bank Digital Currency
(Bloomberg) -- Reserve Bank of Australia Governor Philip Lowe said there was currently no strong need for a central-bank digital currency, but cautiously welcomed the possibility of one being created in the future.
Dec 08
02:44 PM
Visa Won't Pick Winners and Losers in Crypto Push, CFO Says
(Bloomberg) -- Visa Inc. Chief Financial Officer Vasant Prabhu vowed the payments giant won't be picking winners and losers as part of its push into the world of cryptocurrencies.
Dec 08
01:13 PM
Hedge Fund Veteran Citrone Is the Latest to Profit From Bitcoin Bets
(Bloomberg) -- Add a new name to the rapidly rising number of Bitcoin profiteers. (BTC )
Dec 08
11:31 AM
Winklevoss Twins, Loeb Give to NYC's Adams for $1.2 Million Transition
(Bloomberg) -- Crypto billionaires Tyler and Cameron Winklevoss, Mets owner Steve Cohen and Third Point LLC founder Dan Loeb are among the financiers that helped New York City Mayor-elect Eric Adams raise $1.2 million for his transition and inauguration.
Dec 08
10:37 AM
Crypto Chiefs Face Democrat Skeptics, GOP Supporters at House Hearing
(Bloomberg) -- Partisan divisions appeared between lawmakers early at a cryptocurrency hearing Wednesday, as Democrats raised concerns about fraud and other abuses while Republicans cautioned against too much regulation slowing down innovation.
Dec 08
08:43 AM
Fintech Firm Tipalti Raises Funds at $8.3 Billion Valuation
(Bloomberg) -- Tipalti Solutions Inc., whose platform automates payments to suppliers and vendors, raised $270 million to build out its products and fund global expansion.
Dec 08
08:43 AM
Bitcoin Resumes Slide After Breaking Back Below $50,000 Level
Bitcoin snapped a three-day rally, dipping back below the $50,000 price level initially breached during this past weekend's flash crash. (BTC )
Dec 08
05:24 AM
Australia's Finder Valued at $485 Million in Fundraising Debut
Australian fintech firm Finder, which helps clients invest and save money, completed its first fund raising at a valuation of A$680 million ($485 million), tapping growing investor demand for tech investments in the region.
Dec 07
09:49 PM
Crypto Is the 'Top Contender' for Correction, Money Managers Say
By many counts, 2021 was the year cryptocurrencies were finally embraced by institutions. Now those same money-managers say the asset class is ripe for a big selloff next year.
Dec 07
09:49 PM
New York City Casino Pitch Includes Cryptocurrency Trading Floor
Money manager Jason Ader will submit plans on Dec. 10 for a casino in the New York area that features what he said would be the world's largest cryptocurrency trading floor and a landing pad for flying cars.
Dec 07
01:29 PM
Crypto Play-to-Earn 'GameFi' Apps Surpass DeFi in User Popularity
While DeFi has become a popular buzzword among the crypto hip, it turns out that GameFi is increasingly where the action is these days.
Dec 07
10:08 AM
U.S. to Crack Down on Cryptocurrency Crimes to Combat Corruption
President Joe Biden says his administration is focused on policing cryptocurrency crimes to combat corruption globally and is taking advantage of a newly formed Department of Justice task force, according to an anti-graft report released Monday.
Dec 07
08:48 AM
Coinbase COO Says We're Preparing for Trading Fees Compression
While Coinbase Global Inc. knows that many investors are fixated on an anticipated compression in trading fees, its main revenue source, the chief operating officer of the biggest U.S. cryptocurrency exchange said it hasn't seen any signs of pressure yet.
Dec 07
08:07 AM
Bitcoin Extends Recovery From Flash Crash as Bulls Eye $55,000
(Bloomberg) -- Bitcoin edged higher for a third day following this weekend's flash crash, with chart watchers suggesting the rally may push the largest cryptocurrency back to around $55,000. (BTC )
Dec 07
06:33 AM
Bitcoin Climbs Back Over $50,000 After Weekend Flash Crash
Bitcoin climbed back above $50,000 as traders comb through the wreckage of this weekend's flash crash. (BTC )
Dec 06
03:34 PM
Crypto Crash Weighs on DeFi Tokens Already in Downward Spiral
This weekend's crypto flash crash helped to bring into focus the recent cooling of decentralized finance, once one of the hottest corners of the digital asset world.
Dec 06
11:59 AM
Small Group of Insiders Is Reaping Most of the Gains on NFTs, Study Shows
Non-fungible tokens are one of the hottest things in cryptocurrencies right now, with the prospect of big gains should the latest collection rise in value. But a new study from Chainalysis shows that a small portion of participants reap most of the gains.
Dec 06
10:29 AM
Crypto Exchange BitMart Vows Compensate for $150 Million Hack
Crypto exchange BitMart will use its own funding to compensate users affected in a security breach that saw hackers withdraw about $150 million of cryptocurrencies, according to a tweet by its chief executive officer.
Dec 06
09:34 AM
Self-Described Bitcoin Creator Must Pay $100 Million in Lawsuit
The Australian computer scientist who claims he invented Bitcoin was told by a U.S. jury to pay $100 million in damages over claims that he cheated the estate of a friend over intellectual property for the cryptocurrency. (BTC )
Dec 06
09:34 AM
Crypto Complex Erased $480 Billion in 'Cascade of Liquidations'
As Wall Street traders bedded down for the weekend after the stock volatility last week, Nikita Fadeev in London was woken up by a Bitcoin market alarm at 4:55 a.m. (BTC )
Dec 06
08:09 AM
Zimbabwe Central Bank Mulls Digital Currency, Spurns Crypto
Zimbabwe's central bank is exploring the use of a digital currency rather than allowing cryptocurrencies as legal tender, according to the nation's central bank Governor John Mangudya.
Dec 06
06:05 AM
Former Lyft CFO Roberts Joins Crypto Startup OpenSea
Tech veteran Brian Roberts is joining OpenSea as its first chief financial officer in the latest sign web3 startups are attracting not just historic sums of cash, but also serious talent.
Dec 06
04:36 AM
Bitcoin's Outsized Drop Versus Ether May Stem From Macro Link
Bitcoin has markedly underperformed rivals like Ether with its weekend drop, which may underscore its increased connection with macro developments. (BTC )
Dec 06
02:12 AM
Digital Payments Push Fails to Deter Demand for Cash in Nigeria
Cash in circulation in Nigeria rose to a record in October despite a push by authorities to engender cashless transactions and control money supply in Africa's most populous nation.
Dec 05
11:41 PM
Shock to Crypto Daredevils Joins List of Scary Omens in Markets
(Bloomberg) -- A brutal bout of selling that wiped billions of dollars from profitless growth companies, IPO stocks and SPACs has now caught up with Bitcoin, further stressing risk tolerances and brokerage balances among small-time traders. (BTC )
Dec 05
08:42 AM
Binance Working to Set Up U.K. Arm After FCA Setback: Telegraph
Cryptocurrency exchange Binance is working to build its U.K. business after the country's regulator told it to halt operations earlier this year, the company's chief executive officer told the Sunday Telegraph newspaper.
Dec 05
02:56 AM
ConstitutionDAO Tokens Find New Life in Latest Meme Coin Frenzy
(Bloomberg) -- The saga of the ConstitutionDAO is taking a not-so-unlikely pivot in the topsy-turvy world of cryptocurrencies as speculators seek to turn tokens from the failed crowdfunding entity into the latest meme coin.
Dec 04
07:45 AM
Starwood's Sternlicht Says 2-3% of His Net Worth Is in Crypto
Barry Sternlicht, the chairman of Starwood Capital Group, said he has about 2-3% of his net worth in cryptocurrency.
Dec 03
03:05 PM
Bitcoin's Correlation With Stocks Grows as Risk Appetite Drops
On Friday, stocks rose then sunk as traders digested the latest U.S. employment data. Bitcoin followed suit, posting nearly the exact same moves. (BTC )
Dec 03
12:10 PM
Ritholtz Latest to Push Into Crypto 'Wild West' Without Spot ETF
(Bloomberg) -- With U.S. regulators still opposed to exchange-traded funds that directly hold cryptocurrencies, asset managers and fund issuers are finding workarounds for financial advisers clamoring to offer clients exposure to the booming sector.
Dec 03
07:02 AM
Tether Gives More Details on Assets Backing Crypto Stablecoin
(Bloomberg) -- The company behind the Tether cryptocurrency provided additional details on the assets backing the controversial stablecoin. (USDT )
Dec 03
07:02 AM
Asia's Richest Man Says He 'Believes' in Blockchain Technology
Mukesh Ambani, Asia's richest person, said he sees the benefits of the blockchain technology and expects India to soon have one of the world's most-advanced digital infrastructures -- a tool that can generate equitable prosperity across the society.
Dec 03
03:37 AM
Vietnam Police Bust $3.8 Billion Crypto-Tied Gambling Ring: VTV
Ho Chi Minh City police have detained 59 people tied to the biggest illegal online gambling ring ever uncovered by Vietnamese authorities, according to state-owned broadcaster VTV.
Dec 03
02:05 AM
Rocket Lab's Neutron Could Compete With SpaceX'sSatellite Launcher
Rocket Lab USA Inc. offered several design updates Thursday for its newest rocket, Neutron, which place it in direct competition with Elon Musk's SpaceX for launching larger satellites. (NTRN )
Dec 02
08:07 AM
Defiance Launches NFT ETF as Crypto Workaround-Funds Proliferate
With approval for a conventional cryptocurrency ETF still nowhere in sight, at least one U.S. money manager is looking to tap one of the hottest blockchain trends.
Dec 01
10:03 PM
Facebook Parent Meta Expands Advertising Options for Crypto
(Bloomberg) -- Meta Platforms Inc., the parent of Facebook and Instagram, is making it easier for companies to run advertisements promoting cryptocurrencies on its social media pages as the regulatory landscape for the digital coins matures.
Dec 01
02:22 PM
Square Changes Name to Block in Nod to New Businesses
Square Inc. is changing its corporate name to Block Inc., signaling a push beyond the company's main sales and payments products into businesses like music, cash transfers and the blockchain.
Dec 01
02:04 PM
Crypto Executives to Face House Lawmakers at Dec. 8 Hearing
Some of the biggest names in crypto will head to Capitol Hill next week as lawmakers weigh new rules for the white-hot asset class.
Dec 01
11:59 AM
Fidelity Heads North - to Canada -With Bitcoin ETF as U.S. Fund Awaits SECApproval
(Bloomberg) -- Fidelity Investments, one of the world's largest asset managers, plans to join the spate of companies offering investors access to Bitcoin through a Canadian ETF with U.S. regulators balking at approval of the funds. (BTC )
Dec 01
11:38 AM
Scaramucci Fund Boosted Crypto Exposure by150% in Third Quarter
(Bloomberg) -- Anthony Scaramucci's flagship vehicle for investing in hedge funds increased its exposure to crypto-related assets by almost 150% during the third quarter.
Nov 30
02:28 PM
Thai Crypto Unicorn Plots Expansion in Bid to Be Asia's Coinbase
A Thai crypto exchange that notched up a valuation of more than $1 billion in less than four years is planning to offer a range of digital currencies and services in more countries to become the Coinbase of Southeast Asia, according to its chief executive officer.
Nov 30
01:52 PM
Mike Novogratz Wants to Help New Yorkers Give Mayor Adams Advice
Crypto billionaire Mike Novogratz wants to help New Yorkers offer advice to Eric Adams when he becomes mayor in January.
Nov 30
11:34 AM
Bitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal
Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, including debt. (BTC )
Nov 30
07:59 AM
Bank Indonesia Mulls Digital Currency as a Way to 'Fight' Crypto
Indonesia's central bank wants a digital form of the rupiah to fight cryptocurrencies as it considers whether to issue such a tender, said a senior official.
Nov 30
12:39 AM
UBS-Backed Fintech Endowus Snags Funds From Prosus, EDBI
Digital wealth platform Endowus Pte has raised S$35 million ($27 million), led by Prosus Ventures and Singapore's EDBI, to bankroll an expansion in Asia's two regional financial hubs.
Nov 29
10:53 PM

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