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New York Tightens Customer Service Regulations for Crypto Companies
1.6.2024
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory...
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
31.5.2024
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in...
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
29.5.2024
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies...
Deep dive: inside Manor Lords' 2 million-selling success
27.5.2024
Also: how companies like Square Enix need to pivot, and lots of discovery news
Major Corporations Embrace Crypto: A Look at the Biggest Companies in the Crypto Space
23.5.2024
In this article, we will explore several major corporations that have strategically integrated cryptocurrencies and blockchain technology into their operations.
The post Major Corporations Embrace Crypto: A Look at the Biggest Companies in the Crypto Space appeared first on Cryptonews
Infrastructure Companies Dominate List of Finalists for Consensus 2024 Pitchfest
20.5.2024
Forty Web3 startups from 12 different countries and territories are heading to Consensus to pitch
Sony warns 700 AI devs, music streaming companies on content misuse
17.5.2024
Sony cracks down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
The SEC Can’t Stop Suing Crypto Companies
6.5.2024
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case
Chinese AI Startups Take on Industry Giant OpenAI
4.5.2024
A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
2.5.2024
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term...
UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023
2.5.2024
The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses, according to a report released on May 1.
The post UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023 appeared first on Cryptonews
Embracer Decides To Split Up, Names New Companies Things Like 'Middle-earth Enterprises & Friends'
22.4.2024
After a year of carnage following its unprecedented studio acquisition spree, Embracer Group going back to basics and doing what it does best: confusingly re-naming and re-arranging its portfolio. The Swedish holding company is splitting itself into three new entities. The one in charge of the Lord...
SEC Reworks Justin Sun Tron Lawsuit, Claims Founder “Traveled Extensively”
19.4.2024
The United States Securities and Exchange commission (SEC) has edited its Tron lawsuit against Justin Sun and his companies the Tron Foundation, the BitTorrent Foundation, and Rainberry, amended court docs filed on Thursday reveal. The filing marks the latest legal move in the SEC's fight against...
Aptos labs inks deals with several companies to nurture Aptos Ascend
19.4.2024
Aptos Labs, a prime blockchain framework builder, has inked calculated deals with multiple businesses to breathe life into Aptos Ascend. In the case of Aptos Ascend, it is a digital asset-controlling platform dedicated to financial institutions. It will utilize Microsoft Azure, a cloud computing...
Sweden Busts 18 Data Centers for Secretly Mining Crypto
18.4.2024
Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday.
The post Sweden Busts 18 Data Centers for Secretly Mining Crypto appeared first on Cryptonews
Palworld Boss Celebrates Other Companies Cloning His Game
17.4.2024
After selling over 15 million copies in its first month, the mania around Palworld has cooled a bit. But deep-pocketed competitors have taken notice of the “Pokémon With Guns” survival crafting sim’s overnight success and are trying to copy it, according to the head of the studio behind...
Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving
17.4.2024
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews