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 France’s Director Quits: Report

Stéphanie Cabossioras' departure marks at least the 10th exit of a senior executive from Binance in the current year. 

FTX Founder had Meetings Lined Up With Bill Clinton: Details

FTX founder SBF had a meeting with New York State Governor Kathy Hochul on September 16 and also sought to meet Bill Clinton.

FTX Proposed Settlement of Customer Property Disputes

Bankrupt FTX Derivatives Exchange has proposed the settlement of customer property disputes with 90% refund in view

Upbit Receives Initial Approval in Singapore: Details

Upbit Singapore's COO, Raks Sondhi, said that after the approval, the firm will progressively step out of its concealed operational status.

Former PBOC Governor Shares Take on China’s CBDC Development

Zhou Xiaochuan, a former PBoC head has revealed the importance of security and cost-efficiency as China's CBDC pursuit

Former Alameda Research Engineer Reveals $190M Loss to Scams

Former Alameda Research engineer Aditya Baradwaj has exposed a string of security incidents that led to $190 million in losses

Ripple Lab’s CFO Resigns Amid Lawsuit With the SEC

Ripple Labs Chief Financial Officer (CFO), Kristina Campbell has left the company at the tail end of its lawsuit with US SEC

Bitmain is Reportedly Facing Cash Flow Issues: Details

Bitmain has reportedly suspended the September pay for employees while the year-end bonuses for 2022 have not been disbursed yet.

OKX UK Announces Significant Changes to Comply with Authorities

OKX UK will limit the variety of tokens accessible to British retail users and will narrow their selection to approximately 40 tokens.

Yuga Labs Cuts Workforce: Details

"After a recent period of thoughtful consideration, I have decided that we need to restructure the Yuga Labs teams," said CEO Daniel Alegre.

Former SEC Exec John Stark Addresses SEC Appeal Denial

Former SEC Executive, John Reed Stark has addressed the denial of the market regulator's appeal denial in ongoing Ripple lawsuit

Elon Musk Calls for a ‘Comprehensive Overhaul’ of SEC

SEC issued a subpoena to Elon Musk in May 2023, and he had initially agreed to testify at the SEC's San Francisco office on September 15.

Canadian Regulators Provide Guidance on Stablecoin Trading

Canadian Securities Administrators (CSA) have provided a new regulatory guideline for stablecoin trading in the country

Hong Kong VC Firm Announces $100M Fund for Asian Crypto Startups

The Titan Fund has completed five investment rounds, with two of them specifically supporting startups located in Hong Kong.

Sam Bankman-Fried’s Second Day of Trial Commences With Jury Selection

The high-stakes trial of former FTX CEO Sam Bankman-Fried entered its second day, as the court focused on the crucial task of jury selection

Ripple Receives Digital Assets License to Operate in Singapore

American blockchain payments firm, Ripple Labs Inc has received the full license to operate as a crypto service firm in Singapore

Chainalysis Cut Back on Headcount by 15% as Bear Market Rages...

Top blockchain security and data firm, Chainalysis has instituted a 15% cut in its total workforce citing harsh bear market conditions

Grayscale Seeks to Convert Ethereum Trust to Spot ETF

Grayscale CEO Michael Sonnenshein also announced that his firm intends to convert its Ethereum Trust to a spot Ether ETF.

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