The countdown is underway for the U.S. Securities and Exchange Commission to decide on the first spot Bitcoin ETF in the United States.
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
Amid technical challenges and investor scrutiny, Blast’s staking model has propelled its total value locked to $823 million.3311
“Proposal 13” asked Microsoft to consider the potential for shareholder harm if its AI products created legal issues for the company over the long term.1263
Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.3605
Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares.5094
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves.11443
A federal judge said former Binance CEO Changpeng Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing.7243
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the U.S. in November, may not be able to return to the UAE before being sentenced.2031
Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks.6428
Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246-million purchase.2863
Decentralized science, or DeSci, aims to apply decentralized business models to medical research.5768
Bankrupt crypto exchange FTX is preparing to present an updated reorganization plan to the court in mid-December.5960
The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins.3208
All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade.6030
Meta will make use of a deep-learning model to apply watermarks to images generated with its AI tool, which would be invisible to the human eye.2451