Tag: BIZ

Britain’s first crypto regulations to set ‘robust’ standards
Crypto

Britain’s first crypto regulations to set ‘robust’ standards

DNNS January 31, 2023

LONDON, Jan 31 (Reuters) - Britain's finance ministry plans "robust" regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left ... Read More

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Crypto

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

DNNS January 31, 2023

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance ... Read More

China’s Baidu to launch ChatGPT-style bot in March – source
Artificial Intelligence

China’s Baidu to launch ChatGPT-style bot in March – source

DNNS January 30, 2023

BEIJING, Jan 30 (Reuters) - Chinese internet search major Baidu Inc (9888.HK) is planning to launch an artificial intelligence (AI) chatbot service similar to OpenAI's ... Read More

Factbox: The many companies in Digital Currency Group’s crypto empire
Crypto

Factbox: The many companies in Digital Currency Group’s crypto empire

DNNS January 20, 2023

Jan 20 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after the lending arm of ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Cryptoverse: Bitcoin is back with a bonk
Crypto

Cryptoverse: Bitcoin is back with a bonk

DNNS January 17, 2023

Jan 17 (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin.The ... Read More

S&P 500 ends at highest in month, indexes gain for week as earnings kick off
Open Banking

S&P 500 ends at highest in month, indexes gain for week as earnings kick off

DNNS January 13, 2023

JPMorgan, Wells Fargo shares jumpU.S. consumers' inflation expectations ease - surveyTesla falls after price cuts on electric vehiclesIndexes: Dow up 0.3%, S&P 500 up 0.4%, ... Read More

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources
Fintech

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources

DNNS January 13, 2023

LONDON, Jan 13 (Reuters) - Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way ... Read More

DCG’s crypto broker Genesis owes creditors more than $3 bln – source
Crypto

DCG’s crypto broker Genesis owes creditors more than $3 bln – source

DNNS January 12, 2023

Jan 12 (Reuters) - Crypto broker Genesis owes creditors more than $3 billion, a person familiar with the matter told Reuters, as woes pile up ... Read More

Failed crypto exchange FTX has recovered over $5 bln, attorney says
Crypto

Failed crypto exchange FTX has recovered over $5 bln, attorney says

DNNS January 11, 2023

FTX valued a year ago at $32 blnOver $8 billion in FTX customer funds missingPlan to sell FTX affiliates presented in courtNEW YORK/WILMINGTON, Del., Jan ... Read More