Showing news for Blockchain

Is Gaming a Good Use Case for Blockchain?

August 8, 2022

Adding digital assets and NFTs to an already huge and complex industry has the potential to create even more complicatio...

Marshall Wace Makes Hire to Focus on Blockchain Investments

May 5, 2022

Marshall Wace is building out a team that invests in private blockchain-related companies, hiring William Benattar for i...

Mideast Asset Manager Investcorp Seeks Cash for Blockchain Fund

April 11, 2022

Investcorp Holdings, the biggest alternative asset manager in the Middle East, started raising money for a new fund aime...

Central Banks Can Save DeFi, as Weird as That Sounds

April 10, 2022

The financial metaverse would be better served by truly stable currencies but the powers-that-be need to join in.

Coinbase Eyes Challenge to Western Union With Crypto Remittances

February 15, 2022

Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, is wading into the international money-transfer business...

McLaren Racing Ends Sponsorship Deal With Bitci.com Crypto Group

February 15, 2022

McLaren Racing has terminated its relationship with Bitci.com, the Turkish-based crypto group, after less than a year.

Crypto Is Like a ‘Ponzi’ Scheme, India’s Central Bank Warns

February 15, 2022

In a strong warning to Prime Minister Narendra Modi’s government, a top official at India’s central bank reiterated conc...

Pakistan Says Risks From Cryptocurrencies Outweigh Its Benefits

February 15, 2022

Pakistan’s central bank said that risks posed by cryptocurrencies outweigh its benefits, doubling down on its earlier me...

BlockFi’s Plans to Register with SEC Augurs New Era for Crypto

February 14, 2022

Crypto proponents have argued for years that regulators shouldn’t apply decades-old rules to the burgeoning asset class....

Hackers Snagged $36 Million in Crypto in Breach of IRA Financial

February 14, 2022

A hack at IRA Financial Trust, which offers self-directed retirement accounts, resulted in the theft of $36 million in c...

Big Bitcoin Miners Aren't Immune to the Need for Cash

February 14, 2022

A pair of big Bitcoin miners are poised to sell their stock in the face of a drop in token prices that has led other min...

SEC Warns Investors About Risks From High-Yield Crypto Accounts

February 14, 2022

The U.S. Securities and Exchange Commission is warning investors about risks associated with accounts that pay clients h...

Financial Ads Are Stars in First-Ever Crypto Super Bowl

February 13, 2022

Cryptocurrency exchanges and other financial services companies were stars amid a Super Bowl ad blitz that featured the ...

Andreessen’s Dixon Spies Riches in Web3. Others See ‘Rubbish’

February 12, 2022

The venture capitalist and other backers of the blockchain-based future of the internet view web3 as a game changer. But...

Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC, States

February 12, 2022

BlockFi Inc. is poised to pay $100 million to settle allegations from the Securities and Exchange Commission and state r...

Coinbase Resumes Trading Feature After Vulnerability Warning

February 11, 2022

Coinbase Global Inc., the largest U.S. cryptocurrency exchange, resumed operations of a recently launched advanced tradi...

The Market Is Finally Putting a Realistic Price on Carbon

February 10, 2022

This surge should be seen as a success. Politicians need to resist the populist impulse to intervene and drag down price...

Jamaican Digital Currency Coming in 2022, PM Holness Says

February 10, 2022

(Bloomberg) -- Jamaica’s Prime Minister said the country is on track to launch its own e-currency this year, as the isla...

Binance to Invest $200 Million in News Publisher Forbes

February 10, 2022

Binance Holdings Ltd., parent of the world’s largest cryptocurrency exchange, is making a strategic investment of $200 m...

Hackers Nabbed $1.3 Billion in Ransom Over 2 Years, a New Report Says

February 10, 2022

Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge ...

A Deep Dive Into Crypto's Cure for the Texas Power Grid

February 10, 2022

Yes, it could raise electricity demand and encourage extra solar and wind power, but there are other ways to do that.

FTX Chief Reminds Congress That 95% of Crypto Volume Is Offshore

February 9, 2022

(Bloomberg) -- Sam Bankman-Fried, the chief executive officer and co-founder of cryptocurrency exchange FTX, said 95% of...

Goldman-Backed Battery Maker Says Bitcoin Mine a Waste of Energy

February 9, 2022

(Bloomberg) -- Battery startup Northvolt AB says Sweden should stop wasting state-funded green energy on a local Bitcoin...

IMF Chief Sees No Universal Central-Bank Digital Money Case

February 9, 2022

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Zambia Explores Digital Currency, But Warns Against Crypto

February 9, 2022

Zambia’s central bank expects to complete research on forming a digital currency that could cut transaction costs and bo...

Bitfinex Cryptocurrency Linked to 2016 Hack Surges 59% After Fund Recovery

February 8, 2022

The cryptocurrency known as Unus Sed Leo, which was issued in part to recapitalize the Bitfinex exchange following a 201...

Singapore Crypto Investment Jumped to a Record in 2021, KPMG Says

February 8, 2022

Investment in the cryptocurrency and blockchain sector in Singapore jumped more than 10 times last year to a record, acc...

Crypto Intermediaries Need More Regulation, Treasury’s Liang Says

February 7, 2022

(Bloomberg) -- Treasury Undersecretary for Domestic Finance Nellie Liang is set to underscore the need to oversee stable...

Sequoia-Led Group Buys Polygon’s Crypto Token for $450 Million

February 7, 2022

(Bloomberg) -- Polygon, the operator of an eponymous protocol used by developers to make Ethereum transactions quicker a...

U.K. Fintech Investment Surges 617% to Top £27 Billion Last Year

February 7, 2022

British fintech firms attracted $37.3 billion of investment last year, up from $5.2 billion in 2020, bolstered by the co...