Finance and Business News

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

Robinhood Markets Inc. has unveiled its plans to acquire the world's oldest operating digital currency trading platform Bitstamp

Paxos launched a new yield-bearing stablecoin called Lift dollar (USDL) and chose Argentina as the initial market for its debut.

BitMEX, a leading crypto derivatives exchange, has significantly increased the leverage available for its ether perpetual swaps to 200x

The decision to shut down the Salt Lake office follows significant staff attrition, according to a June 4 notice from the SEC. 

Watford Football Club, an English professional football club is putting up approximately 10% of its club for sale to investors and fans

Through this innovative collaboration, Deutsche Bank will offer real-time payment services to Bitpanda users.

Coinbase has announced an additional $25 million donation to the Fairshake Super Political Action Committee (PAC).

Binance Exchange has revealed plans to delist some of its trading pairs including Waves, OMG Network and XEM among others from its platform

OKX Exchange and Web3 tech firm has officially launched its centralized crypto exchange and OKX Wallet in the Netherlands