Latest Business News

Canadian city introduces its own cryptocurrency to boost its economy

Business 6 hours ago

Canadian city introduces its own cryptocurrency to boost its economy

It’s no secret that the Canadian city of Calgary has an affinity for cryptocurrencies. Due to its relaxed regulations over the crypto and blockchain ecosystems, it has long been a go-to destination for businesses in ...

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Dr. Craig Wright on why crypto doesn’t need another Silk Road

Business 7 hours ago

Dr. Craig Wright on why crypto doesn’t need another Silk Road

What may have been a founding application of cryptocurrency isn’t necessarily what defines its future. Just as much a part of the “Wild West” environment associated with crypto as gunfights at high noon in the ...

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British MP wants local tax paid in crypto

Business 17 hours ago

British MP wants local tax paid in crypto

Citizens might soon be paying for their local taxes and utility bills using Bitcoin and other cryptocurrencies. A member of the British Parliament, Eddie Hughes, a conservative MP for the Walsall North constituency, wants residents ...

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UNICEF to assist blockchain firms with $100M investment

Business 19 hours ago

UNICEF to assist blockchain firms with $100M investment

The United Nations International Children’s Emergency Fund (UNICEF) has pledged up to $100 million to six companies involved with blockchain technology, for delivery of various services in developing areas. The companies, who will be delivering ...

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South Korea: Blockchain startup threatens to appeal ICO ban

Business 1 day ago

South Korea: Blockchain startup threatens to appeal ICO ban

The cryptocurrency community in South Korea is not happy with the country's decision to ban initial coin offerings. According to local news, Presto, a blockchain start-up in the country, has reportedly claimed that it will ...

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New crypto framework suggested by lawmakers in India

Business 1 day ago

New crypto framework suggested by lawmakers in India

India announced about three weeks ago that new cryptocurrency regulations could be introduced this month. While that still hasn’t happened, there at least appears to be some movement on the front. The panel that was ...

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Blockchain startup raises $24M for digital rights management

Business 2 days ago

Blockchain startup raises $24M for digital rights management

Bluecoat, a blockchain company specializing in digital rights and royalties distribution, has already raised $24.25 million in funding, with notable personalities in the music industry assisting with the funding. In its press release, the company ...

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Bitmain shuts down Israel office, leaving all 23 employees jobless

Business 2 days ago

Bitmain shuts down Israel office, leaving all 23 employees jobless

After nearly three years of activity, Chinese crypto mining giant Bitmain is reportedly ceasing its Israeli operations this week. Citing sources familiar with the matter, Israeli news outlet Globes reported on Monday that Bitmain’s development ...

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Warning: Scam site mimicking SVPool.com

Business 2 days ago

Warning: Scam site mimicking SVPool.com

We're sending a warning to people in and out of the crypto industry. There is a website trying to cheat unsuspecting users looking to visit SVPool.com.  The individual or group is utilizing a common tactic ...

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ICOs continue their fall from grace

Business 2 days ago

ICOs continue their fall from grace

Earlier this year, when the cryptocurrency market was stronger, initial coin offerings (ICO) raised, on average, tens of millions of dollars for the creation of decentralized applications (Dapps) and other systems. In retrospect, those investments ...

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Zug, Switzerland is the fastest-growing tech destination in Europe

Business 2 days ago

Zug, Switzerland is the fastest-growing tech destination in Europe

Zug, the Swiss city that has been dubbed “Crypto Valley” because of its growing cryptocurrency and blockchain innovation community, is now the fastest-growing tech hub in Europe. This is per StartupTicker, a news channel startup ...

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‘Unauthorized’ crypto service draws ire of Italian, Maltese regulators

Business 5 days ago

‘Unauthorized’ crypto service draws ire of Italian, Maltese regulators

The chief financial regulator in Italy, the Commissione Nazionale per le Società e la Borsa (CONSOB), has issued a cease and desist order to SolutionsCM Ltd. over an alleged breach of Italian securities laws. The ...

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