Cryptocoins News / Finance Magnates - 2 years ago
Grayscale Investments is urging the U.S. Securities and Exchange Commission (SEC) to promptly approve its proposed exchange-traded fund (ETF) that would track bitcoin. This call for approval follows a recent legal victory for Grayscale against the SE...
Cryptocoins News / Finance Magnates - 2 years ago
The decline in Bitcoin (BTC) prices in August and record-high temperatures in many parts of the world have led publicly traded cryptocurrency miners to consider the past month unsuccessful. One such company is Marathon Digital Holdings (NASDAQ: MARA)...
Cryptocoins News / Finance Magnates - 2 years ago
Genesis Global Trading, a subsidiary of Genesis Global, is set to close its US-focused spot crypto trading operations by the end of this month. This decision, communicated to clients via email, comes against the backdrop of Genesis Global's recent tu...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency market is no stranger to wild swings, and the latest excitement surrounding Bitcoin has emphasized the unpredictable character of the digital asset field once again. Traders and investors have been watching the news cycle closely s...
Cryptocoins News / Finance Magnates - 2 years ago
KEB Hana Bank, one of South Korea's largest banks, is teaming up with BitGo Trust Company, a contributor in the cryptocurrency custody business. The goal of this partnership is to provide digital asset custody services in South Korea. Digital asset c...
Cryptocoins News / Finance Magnates - 2 years ago
The narrative of transitioning from fiat to crypto is old news. But, something has changed during the last couple of years. Once envisioned as a grassroots revolution led by libertarian crusaders, it's becoming increasingly apparent that the primary...
Cryptocoins News / Finance Magnates - 2 years ago
Online scammers are becoming increasingly sophisticated, using official government websites from various countries to deceive cryptocurrency users. For this purpose, they are once again exploiting MetaMask, a popular Ethereum-based crypto wallet,...
Cryptocoins News / Finance Magnates - 2 years ago
FTX emerged as a key player in the ever-changing environment of cryptocurrencies and blockchain technology, offering new trading solutions and a platform for enthusiasts and investors to engage in digital asset trading. However, FTX has had its ups a...
Cryptocoins News / Finance Magnates - 2 years ago
The crypto gambling site, Stake.com has become the latest victim of cyber criminals. Around $41 million in cryptocurrencies were siphoned off from the platform in transactions labeled as 'suspicious outflows'.Stake.com Hacked Stake confirmed unauthor...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, Bybit has launched TradeGPT (an AI-powered education tool that enhances how traders engage with the crypto market). The company has praised the offering as a response to the limitations of conventional AI, saying it provi...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, OKX is at the final stretch of its virtual asset service provider (VASP) license in Hong Kong. The exchange is expected to receive approval by March 2023. Hong Kong adopted a pro-crypto stance in 2023 but has since been c...
Cryptocoins News / Finance Magnates - 2 years ago
Regulatory issues around the world have led to the departure of several key executives from Binance, increasing the number to five. Mayur Kamat, the Global Product Lead, has stepped down after more than a year with the company. Exchange's growing reg...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain technology is primarily associated with cryptocurrencies, but its applications seem to be limitless. The London Stock Exchange Group (LSEG) has decided to tap into the potential of distributed ledger technology as it prepares to launch a n...
Cryptocoins News / Finance Magnates - 2 years ago
Robinhood has announced a share repurchase agreement worth $605.7 million with the US Marshal Service (USMS) to regain control of shares previously held by Sam Bankman-Fried's (SBF) firm, Emergent Fidelity Technologies. This move comes after a seri...
Cryptocoins News / Finance Magnates - 2 years ago
Although the cryptocurrency market has significantly developed over the past few years, the Securities and Exchange Commission (SEC) still uses the same tactics it employed almost five years ago. The institution has once again postponed its decision...
Cryptocoins News / Finance Magnates - 2 years ago
As the English Premier League (EPL) season kicks off, the US-based digital trading platform Uphold has entered into a sleeve sponsorship deal with Burnley FC. Uphold’s logo will appear on the left sleeves of Burnley’s shirts for the 2023-24 season, a...
Cryptocoins News / Finance Magnates - 2 years ago
The financial industry is no stranger to instability and unpredictability, and recent economic turmoil has once again focused attention on Bitcoin's function in times of crisis. As traditional markets fluctuate and global events cause waves of worry,...
Cryptocoins News / Finance Magnates - 2 years ago
Are cryptocurrencies and artificial intelligence dangerous? The European Securities and Markets Authority (ESMA) believes so and suggests that the associated risk level will continue to rise. The regulator provides eight reasons to support its thesis...
Cryptocoins News / Finance Magnates - 2 years ago
Binance has set forth a plan to gradually discontinue BUSD stablecoin support across its platforms. The exchange has asked its users who have been relying on BUSD for trading to convert their holdings into alternative assets by February of the upco...
Cryptocoins News / Finance Magnates - 2 years ago
After the high-profile collapse of the cryptocurrency exchange, FTX in November 2022, the industry began looking for solutions to assure investors that centralized trading platforms are safe. This led to the idea of creating Proof of Reserves (PoR) t...
Cryptocoins News / Finance Magnates - 2 years ago
Innovations are altering the financial environment in the rapidly expanding realm of cryptocurrency. The Lightning Network has emerged as a trailblazing solution to the scalability issues that blockchain networks, particularly Bitcoin, confront. We d...
Cryptocoins News / Finance Magnates - 2 years ago
Binance Japan has unveiled its strategy encompassing a widespread adoption of Web3 technology and a focus on stablecoins. According to an online business press briefing hosted by the company, Binance Japan plans to handle up to 100 crypto assets in t...
Cryptocoins News / Finance Magnates - 2 years ago
United States District Court judge for the Southern District of New York, Katherine Polk Failla, who is also hearing the lawsuit of the Securities and Exchange Commission (SEC) against Coinbase, has recently dismissed a class-action suit against Unis...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, Binance has launched a new platform called 'Send Cash', which allows users from nine Latin American countries to send crypto funds directly to bank accounts based in Colombia and Argentina.Binance Expands Services in Lati...
Cryptocoins News / Finance Magnates - 2 years ago
Robinhood Wallet has incorporated support for Bitcoin and Dogecoin, along with introducing Ethereum swaps within its platform. This move comes after the wallet's successful global launch six months ago, garnering a widespread user base across 140 cou...
