Cryptocoins News / Finance Magnates - 2 years ago
Just when it seems that Binance, embroiled in regulatory issues, takes a small step forward, it faces a setback from another jurisdiction, complicating its decentralized operations worldwide. According to recent reports, the exchange allegedly grappl...
Cryptocoins News / Finance Magnates - 2 years ago
Zondacrypto, a cryptocurrency startup registered in Estonia, has continued expanding in Europe with the latest over-the-counter (OTC) license in Switzerland. Announced yesterday (Monday), the company highlighted that it is “one of the most prestigiou...
Cryptocoins News / Finance Magnates - 2 years ago
After Binance secured an operational license for cryptocurrency services in Dubai at the previous month's end, another digital asset sector company announced its own license acquisition. Komainu, a custody service provider for Bitcoin (BTC) and altco...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase (NASDAQ: COIN), the top crypto exchange in the United States, has taken an unknown amount of equity stake in stablecoin issuer Circle Internet Financial. Further, the two companies will shutter the jointly managed Centre Consortium, the self...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase (NASDAQ: COIN), the top crypto exchange in the United States, has acquired an unknown amount of equity stake in stablecoin issuer Circle Internet Financial. Further, the two companies will shutter the jointly managed Centre Consortium, the s...
Cryptocoins News / Finance Magnates - 2 years ago
The authorities in Thailand are taking a tough stance against the rampant menace of cryptocurrency scams and fraudulent ads on Facebook and are seeking to bring a court-issued shutdown order against the social media giant if it fails to curb these il...
Cryptocoins News / Finance Magnates - 2 years ago
In a surprising turn of events, Terra, the renowned blockchain that collapsed in May last year, has found itself in the midst of a security crisis. The platform's website fell victim to a sophisticated phishing attack that has left users vulnerable t...
Cryptocoins News / Finance Magnates - 2 years ago
Bankrupt crypto exchange, FTX, and its debtors have suggested reducing the maximum settled value in their proposed settlement with insolvent digital asset lender, Genesis, from $10 million to $7 million. The change followed opposition by the US Trust...
Cryptocoins News / Finance Magnates - 2 years ago
The bankrupt crypto exchange, FTX, and its debtors have suggested reducing the maximum settled value for "small estate claims" from $10 million to $7 million. The reviewed figures followed opposition from the US Trustee to the settlement proposal pre...
Cryptocoins News / Finance Magnates - 2 years ago
The growing prevalence of artificial intelligence (AI) in the trading world presents investors with many new opportunities for trade automation. The cryptocurrency exchange, Coinbase, has decided to capitalize on this by collaborating with Coinrule,...
Cryptocoins News / Finance Magnates - 2 years ago
A few years ago, many publicly traded companies significantly transformed their business to capitalize on the growing popularity of cryptocurrency mining. Now, as the profitability of these operations becomes decidedly smaller, they are looking for a...
Cryptocoins News / Finance Magnates - 2 years ago
An Israeli court has accepted the transactions on the crypto exchange, Binance as evidence as a part of a temporary procedure, creating a precedent in the industry. The court order also determined that opening an account under a false name with a cry...
Cryptocoins News / Finance Magnates - 2 years ago
In a legal tussle at the intersection of cryptocurrency and regulation, Gemini, the American cryptocurrency exchange, has taken a formidable stance against the Securities and Exchange Commission (SEC). In a move to dismiss the ongoing lawsuit, Gemini...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, Bitget announced today (Friday) that it has integrated Copper's ClearLoop network. This collaboration introduces off-exchange settlement solutions to institutional clients aimed at enhancing the security of digital assets...
Cryptocoins News / Finance Magnates - 2 years ago
The Melbourne-based cryptocurrency lender, Helio Lending Pty Ltd., has been handed a non-conviction bond for misleading claims about possessing an Australian Credit License (ACL). Helio, which offers consumers crypto-backed loans using digital assets...
Cryptocoins News / Finance Magnates - 2 years ago
The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), and RAI Reflex Index (RAI), for its Canadian users starting from the end of this month. This signific...
Cryptocoins News / Finance Magnates - 2 years ago
The US Securities and Exchange Commission (SEC) has crossed the first step in its effort to appeal against a trial court’s ruling stating that crypto firm Ripple’s XRP token sale on digital asset exchanges is not a security offering. Judge Analisa To...
Cryptocoins News / Finance Magnates - 2 years ago
BlockFi, the cryptocurrency lending firm that declared bankruptcy in November last year, has secured the bankruptcy court’s approval to permit its users to withdraw their digital assets. Earlier today (Thursday), BlockFi opened the withdrawal service...
Cryptocoins News / Finance Magnates - 2 years ago
The Financial Conduct Authority (FCA) has set out clear expectations for cryptocurrency businesses operating in the UK, outlining the necessary steps they must take to comply with the significant change in the legislation for money laundering prevent...
Cryptocoins News / Finance Magnates - 2 years ago
The bankrupt cryptocurrency exchange, FTX, has agreed to settle its claims dispute with equally bankrupt digital asset lender, Genesis, by accepting a payment of $175 million to Alameda Research, its affiliated insolvent crypto hedge fund. Earlier in...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange and Web 3 technology company, OKX has partnered with CoinRoutes, a provider of algorithmic trading strategies and execution management, to enhance crypto trading services for institutional clients.Through the partnership...
Cryptocoins News / Finance Magnates - 2 years ago
The Federal judge presiding over the civil case between the Securities and Exchange Commission (SEC) and Binance's entities has decided to refer the matter to the magistrate court. The legal matter is part of the recent development where Binance.US,...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto has come a long way over the past decade, and if you had to define where in its history we are right now, one possible answer would be that we’ve entered a validation phase. By which, what’s meant is that major names from traditional finance a...
Cryptocoins News / Finance Magnates - 2 years ago
The Tennessee-headquartered asset management firm, Valkyrie Investments has filed for an Ethereum Strategy exchange-traded fund (ETF). This move followed the recent resurgence of the cryptocurrency sector and the growing interest from established a...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency custody company, BitGo has defied all odds to raise a substantial $100 million in a funding round, attaining a valuation of USD $1.75 billion. The funding arrived at a time the cryptocurrency sector has been marked by uncertainty...
