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.

Circle Partners with Grab to Expand Web3 in Singapore

A new 'Grab Web3 Wallet' has been released by Circle and Grab which is aimed to close the gap between users of Web2 and Web3. 

Binance US Lays Off a Third of its Workforce

A representative for Binance US confirmed the dismissal of 100 employees and the departure of President Brian Shroder.

The US is a Challenging Landscape for Crypto Startups; Ripple CEO

Ripple CEO Brad Garlinghouse has labeled the United States of America as a challenging landscape for crypto startups

PayPal Debuts New Crypto-for-USD Service

Customers can also benefit from PayPal's strong security measures and tools for managing fraud, chargebacks, and disputes.

Animoca Brands Raises $20M for its Mocaverse Project

Animoca Brands has raised the sum of $20 million through the issuance of new ordinary shares for its project, Mocaverse

FTX Sues LayerZero Labs, Seeks to Recover $21M

Crypto exchange FTX claims that LayerZero Labs took advantage of Alameda Research amid an economic downturn.

Trident Digital Group Raises $8M in Seed Round

Trident Digital Group, a new crypto venture started by former Coinbase Executives have inked $8 million in seed round

Celsius Network in Legal Battle With EquitiesFirst Over Pledged Collateral

Bankrupt crypto lending firm, Celsius Network is currently in a legal battle with EquitiesFirst over pledged collateral

Marathon Announces Significant Drop in Mining Rate

Marathon CEO Fred Thiel also attributes the percentage decline in BTC production to the state of the climate.

Coinbase Raises $57M for Institutional Crypto Lending Service

Coinbase Global Inc has been able to raise the sum of $57 million which it plans to inject into its institutional crypto lending service

Gala Games’ Co-founders File Lawsuits Against Each Other

Jason Brink, the president of blockchain at Gala Games, confirmed the cases and voiced for increased transparency.

LSE Group Unveils Ambitious Blockchain-Powered Trading Project

The LSE is doubling down on its ambitious plan to revolutionize the trading industry through blockchain innovation

FTX Transfers Token As Bankruptcy Proceeding Proceeds

Massive token transfers worth as much as $10 million have been linked to FTX Derivatives Exchange in its ongoing bankruptcy case

FTX Filing Unveils Ex-Alameda Exec’s $2.5M Yacht Purchase

Several cash payments were made to former executives within a year of the collapse of crypto exchange FTX, a court filing showed.

Robinhood Repurchases SBF’s Stake in the Company

In the organization's Q4 2022 report, Robinhood's board of directors reported that the purchase had been approved.

OKX Announces Foray in India Despite Regulatory Challenges

Major cryptocurrency exchange OKX has recently made headlines by announcing its entry into the Indian market

Binance Announces Helmet Design Competition: Details

Participants don't have to be Binance users, which gives a chance to those who aren't into cryptocurrency-based racing. 

Binance Debuts ‘Send Cash’ Feature in Latin America

Crypto exchange Binance revealed its collaborations with authorized transfer processing companies for its new "Send Cash" offering.

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