Benzinga

Cryptocurrency exchange Blockchain.com is in the midst of a down-round fundraising campaign, which may result in a valuation reduction of more than 70%. According to a Bloomberg report, the company plans to raise money at a fraction of the $14 billion valuation it earned earlier this year....

Binance CEO and co-founder Changpeng Zhao confirmed that the National Bank of the Republic of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), on the BNB Chain, the underlying blockchain of the Binance network. Binance had received approval to operate in Kazakhstan two...

Cryptocurrency exchange FTX is working on creating a stablecoin, or a crypto token whose value is correlated with another asset, according to the company’s CEO Sam Bankman-Fried. In an interview with The Big Whale, Bankman-Fried says his recent acquisitions are aimed at stabilizing the ailing...

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend Scranton is located at 605 Davis Street....

In its first leg of victory against the Securities and Exchange Commission (SEC), Ripple Labs has handed over crucial documents that will aid in its conflict against the watchdog, which asserts that the company's (CRYPTO: XRP) tokens were sold illegally as an unregistered security. What...

Back in May 2010, programmer and crypto miner Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoin (CRYPTO: BTC), making it the first recorded purchase of a physical good using a cryptocurrency. At the time, the transaction was reportedly valued at about $41. Bitcoin is currently valued at about...

The Ajman Police in Dubai has become the first law enforcement organization in the world to provide metaverse services. According to a report by the Khaleej Times, the Ajman Police General Command attended the Dubai Metaverse Forum and confirmed the launch of an innovative app at Gitex Technology...

Mastercard Inc (NYSE: MA) on Monday announced a program to enable financial institutions to bring secure crypto trading capabilities and services to their customers, in partnership with blockchain infrastructure platform Paxos. Per the agreement, on behalf of the banks, Paxos will offer crypto-...

Cryptocurrency exchange Binance has announced a $500 million lending pool for Bitcoin (CRYPTO: BTC) miners as the industry gets stifled by energy costs, low Bitcoin prices and higher-than-ever mining difficulty. The goal of the Binance Pool initiative is to “provide secure debt financing...

Consumer electronics company Samsung launched a security system, dubbed The Knox Matrix system, for its smart gadgets. The system seeks to strengthen the security of a multi-device environment with each smart device monitoring others and sharing access information to make login processes easier....

Faced with criticism over the quality of its reserves, stablecoin issuer Tether announced Thursday that it was slashing commercial paper, or unsecured promissory notes, from its reserves. It also increased its direct exposure to U.S. Treasuries by more than $10 billion in the last quarter. Slashing...

Benzinga presents an exclusive tour of the New York Stock Exchange (NYSE) with Jay Woods. Jay Woods serves as chief market strategist for DriveWealth Institutional. Prior to joining DriveWealth, he served as an executive floor governor at the NYSE, a position that is voted upon by his peers...

Recently, New York regulators unveiled proposed marijuana packaging and labeling rules that include provisions to boost sustainability in the state’s recreational industry. A Sustainable Program As part of its sustainability program, New York requires cannabis businesses to incorporate...

Binance's smart contract-enabled blockchain, BNB Smart Chain, will undergo a hard fork as a fix for the vulnerability that drained the platform of an estimated $100 million on Oct. 6. In order to reenable the cross-chain, a GitHub article described the release for the mainnet and testnet as a...

September 15 to October 15 is National Hispanic Heritage Month, a proclamation designated by the U.S. Government to recognize the achievements of the Hispanic community. We at Benzinga also want to celebrate those achievements by underscoring the dedication and hard work of these...