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.

Ledger CTO Charles Guillemet described the withdrawal of Monero (XMR) as suspicious owing to its inherent anonymizing qualities.

BitFlyer Holdings is in advanced negotiations to purchase FTX Japan. The company plans to acquire all shares of FTX Japan.

In April, the IRS released an early version of Form 1099-DA, which is part of the tax reporting rules proposed last August.

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.

June 22, 2024

Top US Rapper 50 Cent has seen a major exploit of..

June 22, 2024

Bitcoin's blockchain bandwidth usage has surged past 90% following the recent..

June 22, 2024

Bitwise CIO is bullish on the future prospects of Ethereum (ETH)..

Ledger CTO Charles Guillemet described the withdrawal of Monero (XMR) as..

June 22, 2024

Fidelity intends to fund its next "Fidelity Ethereum Fund" with $4.7..

ads-image ads-image