Cryptocoins News / Finance Magnates - 2 years ago
In recent months, Non-Fungible Tokens (NFTs) have swept the globe, especially in the art world. NFTs offer a means of confirming the ownership and validity of digital art, possibly upending the established art market. The rise of NFTs and their poten...
Cryptocoins News / Finance Magnates - 2 years ago
The UK’s top financial market regulator, the Financial Conduct Authority (FCA), continues its crackdown on cryptocurrency ATMs as it recently took action against such sites in Exeter, Nottingham, and Sheffield. FCA against Crypto ATMs According to th...
Cryptocoins News / Finance Magnates - 2 years ago
Israeli authorities have confiscated 189 cryptocurrency accounts on Binance for their links to Palestinian and Islamist terror groups since 2021, Reuters reported. However, the amount of cryptocurrencies held by those accounts is not known. Terror-Li...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase (Nasdaq: COIN) closed the first quarter of 2023 with total revenue of $773 million, which is higher than market expectations of $655 million. Additionally, the figure jumped from the previous quarter's $629 million. A Strong Quarter for Coin...
Cryptocoins News / Finance Magnates - 2 years ago
Four top media firms including Bloomberg L.P. have rejected the latest move by FTX debtors and creditors to extend a 90-day redaction window that granted them permission to hide details of customer-creditors of the bankrupt crypto exchange in certain...
Cryptocoins News / Finance Magnates - 2 years ago
For several years now, smart contracts have been a popular issue in the blockchain and cryptocurrency industries. These self-executing contracts make it possible to automate transactions without the involvement of middlemen or outside parties. Smart...
Cryptocoins News / Finance Magnates - 2 years ago
Several industries, including the banking industry, are being disrupted by blockchain technology. Blockchain technology, which is frequently connected to cryptocurrencies, is gaining popularity because it provides a secure and decentralized way to mo...
Cryptocoins News / Finance Magnates - 2 years ago
By developing a new set of financial tools and products that run on a decentralized blockchain network, decentralized finance (DeFi) has completely changed how individuals interact with financial services. Yield farming, which enables users to make p...
Cryptocoins News / Finance Magnates - 2 years ago
Investors are searching for novel approaches to diversify their portfolios and reach their long-term financial objectives in the quickly evolving financial environment of today. Digital assets, including cryptocurrencies, digital tokens, and assets b...
Cryptocoins News / Finance Magnates - 2 years ago
With MiCA having passed in the European Parliament last week, the EU looks set to be the first region, globally, to have a comprehensive framework of crypto regulation in place. The rules won’t take effect until 2024, and in the meantime, crypto indu...
Cryptocoins News / Finance Magnates - 2 years ago
Due to its increased use by both individuals and businesses, cryptocurrency has become a hot topic in the financial sector in recent years. A Cryptocurrency's potential and its effects on the banking sector are becoming more apparent. We will talk ab...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has launched a global cryptocurrency derivatives exchange days after disclosing that it was going offshore with a Bermuda license. The US-based digital asset exchange said the new platform is only open to only eligible, non-US institutional...
Cryptocoins News / Finance Magnates - 2 years ago
The banking industry has been shaken up by blockchain technology, which has changed how money is transacted. In this article, we'll talk about the advantages, difficulties, and potential uses of blockchain technology in financial transactions.How Doe...
Cryptocoins News / Finance Magnates - 2 years ago
Poloniex LLC, a US entity affiliated with crypto exchange Polonies, reached a settlement of $7.6 million with the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) for allegations of sanctions violations. Poloniex Settles with...
Cryptocoins News / Finance Magnates - 2 years ago
Binance, the largest cryptocurrency exchange by trading volume, is set to launch its services in Japan in June through the locally acquired Sakura Exchange BitCoin (SEBC). Binance to Enter Japan, Legally According to a notice published on Friday, SEB...
Cryptocoins News / Finance Magnates - 2 years ago
Argo Blockchain (LSE: ARB; NASDAQ: ARBK) published its financials for 2022, ending the year with a revenue of £47.4 million ($58.6 million), which is a decrease of 36 percent. The figure declined due to a decline in Bitcoin price and an increase in t...
Cryptocoins News / Finance Magnates - 2 years ago
A US court has sentenced Gary James Harmon, the brother of the crypto mixing service Helix operator, to four years and three months in prison, for stealing over 712 bitcoin, which were subject to forfeiture in a then-pending criminal case. Theft from...
Cryptocoins News / Finance Magnates - 2 years ago
Bitget, a crypto derivative and copy trading provider, is joining forces with Fetch.ai, an artificial intelligence (AI) blockchain platform. Bitget has committed $10 million to support the growth of the Fetch.ai ecosystem. The news comes moments af...
Cryptocoins News / Finance Magnates - 2 years ago
Initial coin offering (ICO)-bound Ouinex, an upcoming cryptocurrency exchange, announced its partnership with Interactive Trading (IVT), a France-based trading academy hosting a community of 150,000 active traders. Key Partnerships Before the ICO The...
Cryptocoins News / Finance Magnates - 2 years ago
GCEX, Lars Holst-headed digital prime brokerage, expanded its partnership with the custody platform Komainu to offer staking services to its institutional and professional clients. GCEX Expands Komainu Partnership Komainu is a joint venture between t...
Cryptocoins News / Finance Magnates - 2 years ago
Kraken has expanded the offerings of its Pro platform by adding futures trading capabilities, the crypto exchange announced on Wednesday. It has added over 90 perpetual futures as the newest instruments on the platform. Expanding Services of Kraken P...
Cryptocoins News / Finance Magnates - 2 years ago
Twenty-six-year-old Esteban Cabrera Da Corte, the leader of a Miami crew, has pleaded guilty to defrauding US banks and 'a leading cryptocurrency exchange' of over $4 million through fraudulent reversals. US prosecutors on Wednesday said Da Corte dep...
Cryptocoins News / Finance Magnates - 2 years ago
FTX and its debtors announced on Tuesday the sale of its crypto derivatives exchange subsidiary LedgerX to M7 Holdings, an affiliate of Miami International Holdings (MIH), for a total consideration of about $50 million. FTX Offloads LedgerX to Miami...
Cryptocoins News / Finance Magnates - 2 years ago
Binance.US, the American arm of the largest global crypto exchange, has backed out of the $1 billion deal to purchase digital assets from the bankrupt crypto brokerage, Voyager Digital. The decision came within a week of US federal regulators droppin...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has filed a suit against the Securities and Exchange Commission (SEC) for failing to respond to its July 2022 petition that asked the US securities watchdog to provide guidance for the cryptocurrency industry using its formal rulemaking proc...
