Cryptocoins News / Finance Magnates - 1 year ago
Coinbase,
the largest cryptocurrency exchange in the United States, is facing backlash on
Twitter for a newsletter article published on its website. In the article, the
author described Ethereum-based meme coin, Pepe, as a coin “that has been
co-opte...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain-based
decentralized social media platforms have become a potent challenger to
established social media behemoths. These platforms place a high value on data
ownership, user privacy, and censorship resistance. In this essay, we examine
the...
Cryptocoins News / Finance Magnates - 1 year ago
As a key
advancement in the cryptocurrency industry, stablecoins provide a special value
proposition for users and investors looking for stability in the middle of the
volatility of standard cryptocurrencies. This article discusses the advantages,
us...
Cryptocoins News / Finance Magnates - 1 year ago
With
cryptocurrencies like Bitcoin and Ethereum gaining mainstream acceptance, the
crypto sector has experienced enormous development and adoption in recent
years. However, as the cryptocurrency industry develops, it comes under more
and more scrutin...
Cryptocoins News / Finance Magnates - 1 year ago
In New York last week, the trial began of a former OpenSea employee who was indicted for wire fraud and money laundering in what is being seen as the first case of insider trading related to NFTs. He has been convicted of wire fraud and money launder...
Cryptocoins News / Finance Magnates - 1 year ago
Binance is looking to be regulated in the United Kingdom due to the regulatory challenges in the United States, the crypto exchange's Chief Strategy Officer, Patrick Hillmann revealed during the Financial Times' Crypto and Digital Assets Summit.
US R...
Cryptocoins News / Finance Magnates - 1 year ago
Tether, the largest issuer of stablecoins, closed the first quarter of 2023 with a net profit of $1.48 billion, which doubled from the $700 million it had generated in the previous quarter. The company confirmed that its token circulation also jumped...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Treasury and Internal Revenue Service (IRS) have filed 45 claims, totalling about $44 million, against bankrupt crypto exchange FTX and other affiliates.
US Tax Claims against FTX
The bankruptcy filings on April 27 and 28 show th...
Cryptocoins News / Finance Magnates - 1 year ago
The recent
crackdown on cryptocurrency mining in China has shocked the world market and
caused huge disruptions in the world of digital currencies. China is one of the
biggest centers for cryptocurrency mining, thus its actions have broad
repercussio...
Cryptocoins News / Finance Magnates - 1 year ago
Supply chain
management is only one of the industries where blockchain technology has become
a game-changer. Blockchain is a great tool for improving supply chain
efficiency and maintaining traceability because of its decentralized and
transparent na...
Cryptocoins News / Finance Magnates - 1 year ago
Due to its
alleged negative effects on the environment, cryptocurrency mining has become a
hotly debated topic. As interest in digital currencies grows, worries about the
energy use and environmental impact of mining have risen to the fore. We will
g...
Cryptocoins News / Finance Magnates - 1 year ago
Social media
has permeated every aspect of our lives, yet worries about censorship, data
ownership, and privacy have led to the emergence of decentralized social media
platforms. These platforms, which give users control over their data and
promote a...
Cryptocoins News / Finance Magnates - 1 year ago
Ishan Wahi,
a former Product Manager at Coinbase, has been sentenced to two years
imprisonment in a case US prosecutors called the country's first-ever cryptocurrency
insider trading case. Thirty-two-year-old Ishan Wahi from Washington received the j...
Cryptocoins News / Finance Magnates - 1 year ago
In addition to
upending established banking structures, cryptocurrency has transformed
philanthropic giving and philanthropy. The use of digital currencies for charitable
purposes has increased as they become more widely accepted. This article
examin...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain
technology has become a disruptive force in a number of industries, and the
healthcare sector is no different. Blockchain technology has the potential to transform
healthcare by bringing safe, decentralized platforms that will enhance pati...
Cryptocoins News / Finance Magnates - 1 year ago
Decentralized
Finance, or DeFi, is a revolutionary idea that has grown incredibly popular in
recent years. DeFi offers an alternative financial ecosystem that subverts
centralized systems and is built on blockchain technology. This article
examines t...
Cryptocoins News / Finance Magnates - 1 year ago
2023 has seen a
striking increase in interest from retail investors as a result of
cryptocurrency's ability to draw in investors from all around the world. Retail
investors are becoming more interested in this new asset class as digital
currencies be...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchange Bittrex filed for Chapter 11 bankruptcy protection in the US state of Delaware less than a month after its exit from the country. The bankruptcy only affects its US operation and not the global exchange.
The End of Bittrex US...
Cryptocoins News / Finance Magnates - 1 year ago
Paxful, a peer-to-peer (P2P)
Bitcoin (BTC) trading platform, has returned online one month after suspending activities in its marketplace as a result of key staff exits and
regulatory challenges. The firm announced its reopening in a blog post.Paxfu...
Cryptocoins News / Finance Magnates - 1 year ago
Enforcement of last year’s amendment
to Estonia’s anti-money laundering (AML) and countering the financial of
terrorism (CFT) regulation has
resulted in a dramatic drop in the number of licensed cryptocurrency service
providers. As of May 1, 2023, th...
Cryptocoins News / Finance Magnates - 1 year ago
The CEO of Tesla and SpaceX, Elon Musk, has emerged as a key
figure in the cryptocurrency industry, with his tweets having a big effect on
the market. The market has experienced tremendous volatility as a result of
Musk's comments on several cryptocu...
Cryptocoins News / Finance Magnates - 1 year ago
South Korean prosecutors made an
effort to probe a main opposition party lawmaker, Rep. Kim Nam-kuk of the
Democratic Party, over some crypto transactions he allegedly made last year.
However, they faced a stumbling block when the Seoul Southern Dist...
Cryptocoins News / Finance Magnates - 1 year ago
The real estate
sector is not an exception to how cryptocurrencies are impacting other
businesses. The use of cryptocurrencies, particularly Bitcoin, has grown in
the real estate industry in recent years. This article will examine how
cryptocurrencie...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto, perhaps rebranded as the more respectable-sounding web3, steers ever closer toward mainstream integration. Is it given that Certain tenets that have always been central to the crypto space may start to be edged out as they are incompatible wi...
Cryptocoins News / Finance Magnates - 2 years ago
The
environmental effects of cryptocurrency mining have become a prominent topic in
recent years because of numerous scientists' and activists' concerns. There
are worries about the carbon footprint of cryptocurrency mining because it uses
a lot of e...