Business News

BC Technology says statements in Bloomberg’s article are ‘factually inaccurate and highly misleading.’ Hong Kong’s BC Technology Group Ltd. has denied recent reports saying that the company is exploring the sale of its licensed crypto platform OSL. In a recent…

Companies in financial services, healthcare, energy, and other industries are racing to adopt blockchain. The technology underpinning Bitcoin promises to enhance efficiency in a variety of procedures. Above all, it is creating new business opportunities. According to one estimate from…

A new filing shows that crypto firms Digital Currency Group, Blockchain.com, and about a dozen others are spending over $100k monthly in a $1.5M Albany lobbying blitz.

Hard protests have rocked Canada due to its strict COVID 19 protocols. The country invoked the National Emergency Act to deal with ‘rogue’ protestants, but it has given the government power to ignore important financial protocols. The government can access bank accounts and freeze them without a court order. As a result, Canadians are going BTC, and the government is under scrutiny from prominent figures and authorities.

Tether, the parent company to the world’s most significant stable coin, USDT has come out again to defend the coin’s backing with a new report. The controversial company claims that the consolidated assets of the USDT project are worth more than its current liabilities. The company explains that it now owns 21% less commercial paper than Q4 of 2021, alleviating concerns over the Evergrande debt.

Canada’s PM Justin Trudeau invoked a country-wide Emergency Act against the Ottawa trucker convoy. The Emergency Act criminalizes many things, among them; financing the protestors. To enforce the rule, the government has full authority to freeze bank and crypto trading accounts suspected of aiding the truckers. According to finance minister Chrystia Freeland, the country is also considering making some of the current rules permanent.

A massive Credit Suisse leak has exposed dirty players, including corrupt politicians who own over 80B Euros in the Swiss bank. A whistleblower leaked the bank’s data to expose immoral banking practices behind the organization.

Earlier this week, Venmo and its parent company PayPal Holdings Inc. notified its users that it was restructuring crypto fees for payments under $200. The company said that it targets to increase the transparency of transactions. However, a closer look suggests that investors making transactions under $100 will be affected by higher fees

deter their officials from further scandals. Per the report, Federal Reserve members are prohibited from holding investments like cryptos. The new restrictions aim to prevent a reoccurrence of ethics scandals that menaced the US Central Bank last year.

An NYSE trademark filing has leaked and shows that the exchange plans to offer a cryptocurrency and become an NFT marketplace. The exchange first minted NFTs last year during its IPO, and now its targets to be a significant NFT marketplace like OpenSea.

US’s largest bank JP Morgan has confirmed the purchase of a metaverse lounge in Decentraland. The bank is now the first financial institution globally to enter the crypto sphere through the metaverse.

Binance, the largest crypto exchange, has confirmed taking a $200M stake in Forbes. The funds from Binance will help the news company to carry on with its plans to merge with a publicly traded special purpose acquisition company (SPAC). Binance also plans to replace half of the $400M from other institutions' commitments in Forbes to make it one of the two largest owners of Forbes.

PwC, a world leader in professional networks services provision, recently reported that the value of crypto deals increased by 4846% in 2021. It said that M&A deals and crypto fundraisers have skyrocketed in value together with crypto-related mergers

Click the link below to listen to the full podcast: Around The Block With Jefferson Podcast Podcast Transcript: Jefferson: Live from BTC Manager World Headquarters, this is “Around The Block” with Jefferson then. I’m here today with a special guest,…

Click the link below to listen to the full podcast: Around The Block With Jefferson Podcast Podcast Transcript: Jefferson Live from BTC Manager World Headquarters, this is, “Around The Block with Jefferson”. What an interesting last few days have been, Bitcoin…

PwC Switzerland has successfully acquired ChainSecurity AG, a blockchain startup spun out of the ICE center, ETH Zurich – one of the top research labs in the blockchain security space, reports Investment Europe, January 6, 2020. PwC Set to Expand…