News with the tag "Finance and Business News"

Haun Ventures, the crypto-focused venture capital firm founded by former Coinbase board member Katie Haun, is reportedly seeking to raise $1 billion for two new investment funds over the next three months. According to Fortune Crypto, half of the capital—$500 million—will be allocated to early-stage...

Former SEC enforcement director John Reed Stark took a hardline stance against regulatory reform for cryptocurrencies during the first-ever SEC crypto roundtable. Stark, a vocal critic of the digital asset industry, argued that the Securities Act of 1933 and 1934 should remain unchanged, firmly stat...

A powerful network of crypto Super PACs is making its influence felt in Florida’s upcoming April 1 special elections for the U.S. House of Representatives. According to a March 21 report by Politico, the network—comprising Fairshake, Defend American Jobs, and Protect Progress—is pouring significant ...

Nigeria government has reaffirmed its openness to crypto businesses, despite its ongoing legal battle with Binance and the controversial detention of the exchange’s executive, Tigran Gambaryan . The statement from Nigeria’s Information Minister, Mohammed Idris, highlights the country’s commitment to...

Metaplanet, the Tokyo-based Bitcoin-stacking firm, has appointed Eric Trump, the son of US President Donald Trump, to its newly formed strategic board of advisers. The move aims to accelerate the firm’s mission of becoming a global leader in the Bitcoin economy. On March 21, the company’s CEO Simon ...

The Open Network (TON) Foundation has received a huge investment from top venture capital firms. Reportedly, Sequoia Capital, Ribbit, Benchmark, Kingsway, and other investors have invested over $400 million in Toncoin, the native cryptocurrency of the TON blockchain. Unlike traditional investments m...

Kraken, a major cryptocurrency exchange, has agreed to acquire NinjaTrader, a well-known U.S. retail derivatives platform, for $1.5 billion. According to the announcement , this acquisition will help Kraken expand in the U.S. futures market, marking a significant step in combining traditional financ...

Hayden Davis, alleged to have masterminded several pump-and-dump token scams, including LIBRA and MELANIA, has launched another coin. In an update , Bubblemaps, a blockchain analytics firm, highlighted how Davis tried to conceal the move from the authorities. Ties to Jordan Belfort and WallStreetBet...

Kraken, a prominent cryptocurrency exchange, has received authorization from the UK Financial Conduct Authority (FCA) to operate as an Electronic Money Institution (EMI). This important achievement helps Kraken improve its services in the UK and strengthens its role in the fast-changing cryptocurren...

Coinbase , the American cryptocurrency exchange has taken a notable step geared towards staging a major comeback in India. The exchange has secured registration with the country’s Financial Intelligence Unit (FIU). Regulatory Compliance Unlocks Market Potential In an update on X, Paul Grewal, Coinba...