Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed Business Combination

BOSTON, December 5, 2022 /PRNewswire/ — Financial Internet Circle (Circle) and Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company, today announced the mutual termination of their proposed business combination originally announced in July 2021 and modified in February 2022. In terms of Concord’s amended and updated certificate of incorporation, Concorde has until … Read more

Next-gen fitness app W3:Ride will pay users to be

ZUG, Switzerland, 04 Dec. 28, 2022 (GLOBE NEWSWIRE) — The W3:Ride app tracks details from any smartphone, Fitbit, Garmin or smartwatch and automatically rewards a user’s commute, weekend rides or exercise . Creative director and co-founder Thomas Pomarelle explains that W3:Ride’s goals have always been to create an app that rewards users for getting out … Read more

‘It’s Risky Business’: Binance’s $1 Billion Crypto Industry Stimulus Fund Raises Antitrust Concerns

Binance risks getting on the wrong side of global competition watchdogs with its new billion-dollar industry stimulus fund, a crypto antitrust expert has warned. Thibault Schrepel, professor at VU University Amsterdam and author of the 2021 book Blockchain and Antitrustsaid the fund could be used as “an instrument to decide who among horizontal and vertical … Read more

Binance CEO Sees Slight Increase in Withdrawals After FTX Collapse

Changpeng Zhao, billionaire and CEO of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, Wednesday, November 2, 2022. Zed Jameson | Bloomberg | Getty Images Binance CEO Changpeng Zhao said the cryptocurrency exchange saw only a slight increase in withdrawals and was operating normally despite a drop in digital … Read more

Tech summit highlights local and international business links – The Royal Gazette

Updated: Oct 30, 2022 6:55 PM Business Development Agency Technology Summit Participants (Photograph Provided) Bermuda’s digital activity was on full display this week at the island’s first in-person tech summit since 2019. The fourth annual summit was hosted by the Bermuda Business Development Agency along with the government’s economic development department and fintech industry association, … Read more

Asia’s most influential Web3 business forum brings together industry professionals looking to expand into international markets

TAIPEI, October 27, 2022 /PRNewswire/ — Organized by Web3 business consultancy C-Cubed, CCC-WEB3 Future Business Forum 2022, one of from Asia most influential Web3 business forums, took place October 15-16, 2022. Thirteen blockchain startups participated in the event where they discussed key trends sweeping the web3 space, hands-on entrepreneurial experience, and new opportunities coming their … Read more

Goldman to consolidate major business units into three main divisions in sweeping reorganization

Goldman Sachs plans to consolidate its largest businesses into three divisions, undertaking one of the biggest shakeups in the Wall Street firm’s history. Goldman will combine its flagship investment banking and trading businesses into one unit, while merging asset and wealth management into another, people familiar with the matter said. Marcus, the consumer banking arm … Read more

Tom Brady to Matt Damon: Here’s how losses for celebrity-endorsed digital assets pile up

Matt Damon made headlines and drew criticism when he starred in a commercial for cryptocurrency exchange Crypto.com a year ago. Since then, the prices of many cryptocurrencies have dropped significantly. The market capitalization of crypto assets has fallen below $1 trillion from a peak of $3 trillion in November 2021. But Damon isn’t the only … Read more