Cryptocoins News / Finance Magnates - 2 years ago
In a significant development within the cryptocurrency sector, Roni Cohen-Pavon, the former Chief Revenue Officer (CRO) of Celsius, has entered a guilty plea in the United States District Court for the Southern District of New York. The plea comes in...
Cryptocoins News / Finance Magnates - 2 years ago
Binance.US, the cryptocurrency exchange, witnesses the departure of two more high-ranking executives. The Head of Legal, Krishna Juvvadi, and the Chief Risk Officer, Sidney Majalya, have decided to part ways with the exchange.This latest shake-up com...
Cryptocoins News / Finance Magnates - 2 years ago
In a dramatic turn of events, Genesis, the now-bankrupt crypto lender, has brought its entire crypto trading venture to an abrupt halt. The decision to cease all trading operations, including its international spot and derivatives trading services, h...
Cryptocoins News / Finance Magnates - 2 years ago
Changpeng 'CZ' Zhao, the CEO of Binance, has identified a significant challenge in expanding cryptocurrency adoption: the lack of accessible fiat ramps. CZ made this observation during his appearance at Token2049, a cryptocurrency event held in Singa...
Cryptocoins News / Finance Magnates - 2 years ago
FTX had emerged as a significant participant, providing novel trading solutions as well as a variety of digital assets. However, the unpredictable nature of the cryptocurrency market raises the possibility of difficulties, such as disagreements betwe...
Cryptocoins News / Finance Magnates - 2 years ago
Singapore’s financial market regulator has banned the two founders of the collapsed crypto-focused hedge fund, Three Arrows Capital (3AC), from operating in the city-state’s financial services industry.3AC Executives Banned in SingaporeAccording to t...
Cryptocoins News / Finance Magnates - 2 years ago
The exciting environment of cryptocurrency offers profitable opportunities, but it also hides hidden hazards. Among these threats, the frightening tendency of "rug pulls" has emerged, causing crypto investors to lose faith. In this in-depth post, we...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Exchange Commission (SEC) has announced that Stoner Cats 2 LLC (SC2) is facing charges for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). The tokens were sold to raise fund...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, Binance has announced the appointment of Rachel Conlan as its Chief Marketing Officer (CMO). This decision comes amid a series of executive appointments and management changes at the company. Rachel Conlan, formerly the V...
Cryptocoins News / Finance Magnates - 2 years ago
In a significant development, the U.S. Bankruptcy Court for the District of Delaware has granted the crypto exchange, FTX permission to sell, invest, and hedge its crypto holdings, valued at over $3.4 billion, to settle outstanding debt. This ruling...
Cryptocoins News / Finance Magnates - 2 years ago
A prominent cryptocurrency exchange, Huobi has rebranded to HTX. This transformation signifies an important step as the company marks ten years in the industry, bringing together Huobi's mission, TRON token, and the essence of a crypto exchange.The...
Cryptocoins News / Finance Magnates - 2 years ago
Brian Shroder, the CEO of Binance.US (the American arm of the cryptocurrency exchange Binance), has left his position and has been temporarily replaced by Norman Reed, the Chief Legal Officer, as per a company spokesperson. This leadership change com...
Cryptocoins News / Finance Magnates - 2 years ago
Karl Sebastian Greenwood, one of the Co-Founders of OneCoin, a fraudulent cryptocurrency scheme, has been sentenced to 20 years in prison for his role in orchestrating this massive fraud. He has been ordered to pay approximately $300 million in forfe...
Cryptocoins News / Finance Magnates - 2 years ago
Bitcoin continues to pique the interest of both experienced and inexperienced investors. Bitcoin Exchange-Traded Funds (ETFs) have emerged as an interesting outlet for traders and investors alike amid the growing interest in cryptocurrencies. This ar...
Cryptocoins News / Finance Magnates - 2 years ago
The US-based asset management firm, Franklin Templeton entered the race to obtain approval for the first US exchange-traded fund (ETF) that directly invests in Bitcoin. Franklin Templeton filed an application with the US Securities and Exchange Commi...
Cryptocoins News / Finance Magnates - 2 years ago
In the wake of a devastating earthquake that rocked Morocco on September 8, causing casualties in Marrakesh, Binance has pledged USD $3 million in Binance Coin (BNB) to assist the victims of this disaster.Binance's initiative involves issuing a serie...
Cryptocoins News / Finance Magnates - 2 years ago
Binance.US, the U.S. arm of the global cryptocurrency exchange, has responded strongly to the United States Securities and Exchange Commission (SEC) in an ongoing legal dispute. The exchange's attorneys has filed sealed documents today on September 1...
Cryptocoins News / Finance Magnates - 2 years ago
The bitcoin community has been anticipating the debut of a spot-based Bitcoin Exchange-Traded Fund (ETF). For years, investors have been anticipating the advent of such a financial product, which would allow them to acquire exposure to Bitcoin's pric...
Cryptocoins News / Finance Magnates - 2 years ago
The ongoing legal struggle between the Securities and Exchange Commission (SEC) of the United States and Ripple, the blockchain-based payment network, has piqued the interest of the cryptocurrency and financial services industries. This drawn-out leg...
Cryptocoins News / Finance Magnates - 2 years ago
The field of decentralized finance, or DeFi, has been a hotspot of innovation and opportunity, promising users decentralized, trustless financial services. However, recent legal actions by the Commodity Futures Trading Commission (CFTC) in the United...
Cryptocoins News / Finance Magnates - 2 years ago
In a candid revelation, Ethereum's Co-Founder Vitalik Buterin disclosed that the recent hack of his Twitter account, known as X, was the result of a SIM-swap attack. Speaking on the decentralized social media platform, Farcaster on September 12, Bute...
Cryptocoins News / Finance Magnates - 2 years ago
The Cyprus Securities and Exchange Commission (CySEC) confirmed yesterday (Monday) the deletion of Binance Cyprus Ltd from the Register of Service Providers of Crypto-assets as the company did not provide any services under the Cyprot license for mor...
Cryptocoins News / Finance Magnates - 2 years ago
After launching two funds in April aimed at supporting the development of Web3 and decentralized applications (DApps) with a total value of $300 million, the cryptocurrency exchange, Bitget has introduced another fund called EmpowerX with a capital b...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange platform, Luno will temporarily halt certain clients in the UK from making cryptocurrency investments, effective from October 6. This suspension comes just two days ahead of the UK Financial Conduct Authority's (FCA) new c...
Cryptocoins News / Finance Magnates - 2 years ago
In a significant development involving Celsius, Steve Kokinos, the former CEO of Algorand, is poised to take the reins of the crypto lender in the aftermath of its bankruptcy. This development was disclosed in a filing made on Friday before the US Ba...
