Finance and Business News

Finance and Business News: Latest Updates and Analysis

Stay up-to-date on the latest financial and business developments with our Finance and Business News category. We cover the most popular news related to traditional finance, cryptocurrency, and blockchain technology, as well as insights into global markets, corporate earnings, and business trends. Our comprehensive coverage features analysis, expert opinions, and real-time updates to help you stay informed and make informed investment decisions. From the latest regulatory changes to the impact of global events on financial markets, our Finance and Business News category provides you with the information you need to succeed in the fast-paced world of finance and business.

Binance is classified as a reporting entity under Section 2(sa)(vi) of the PMLA, as it operates as a Virtual Digital Asset Service Provider.

The National Australian Bank has injected capital into Zodia Custody, a crypto custodian and infrastructure service provider

Crypto hedge fund Pantera Capital has expanding its investment scope with plans to bet bigger in AI in the coming decade

Solana Layer 2 protocol Sonic has raised the sum of $12 million as it increased its valuation to $100 million

Uphold will delist Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini dollar (GUSD), Pax dollar (USDP), and TrueUSD (TUSD).

Ripple Labs Inc has revealed through its CEO that it is pursuing Central Bank Digital Currencies with 10 US governments

The firm behind ChatGPT, OpenAI, operates as a unique partnership between its original non-profit entity and a capped-profit arm.

Gemini Exchange has reached agreement with the New York Attorney General (NYAG) over its fraudulent Earn business

MicroStrategy confirmed an increase in its convertible note offering by 40%, bringing the total to a whopping $700 million.

FINMA explained that the closure was unavoidable as FlowBank no longer possessed the minimum capital necessary for its business operations.

CMT Digital, known for its deep interest in the blockchain ecosystem has unveiled its plans to raise $150 million in new funding

Elon Musk urged OpenAI to return to its open-source roots, emphasizing that AGI should be developed transparently and for the public good.

The new CEO, Tory Green, will replace Ahmad Shadid, and confirmed that more changes will be coming in the leadership.

Binance Coin (BNB), the exchange's native token has seen a significant surge in the past few weeks, making its founder the richest US inmate

Binance took to its social media platforms to celebrate the occasion, attributing this success to the unwavering support of its users.

Bakkt is reportedly evaluating a range of strategic options, including a potential sale or breaking up the company into smaller entities. 

The fresh round of funding is expected to propel Kraken towards achieving its long-held ambition of going public.

Binance Exchange has resumed its crypto card payment deal with Mastercard after its legal challenges stirred a forced stop last year

June 20, 2024

Immunefi, the Web3.0 bug bounty and security services platform, has exceeded..

Japanese gaming giant Konami has partnered with Avalanche to enhance the..

June 20, 2024

MicroStrategy has expanded its total Bitcoin holdings with the purchase of..

Rebel Satoshi (RECQ) Presale Bound for 3,000% Gains While Avalanche (AVAX)..

Solana MEV War Revives Centralization Concerns, Galaxy Fox Game Dominates

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