Cryptocoins News / Finance Magnates - 2 years ago
FTX Europe, the European subsidiary of bankrupt cryptocurrency exchange, FTX, has created a new website for its customers to withdrawal their balance from the platform. The new domain name, https://ftxeurope.eu/, was approved by the Cyprus Securities...
Cryptocoins News / Finance Magnates - 2 years ago
On Thursday, Sam Bankman-Fried, the embattled Founder of bankrupt cryptocurrency exchange, FTX, pleaded not guilty to new charges from US prosecutors, including bribing Chinese officials with $40 million. Additionally, the 31-year-old crypto entrepre...
Cryptocoins News / Finance Magnates - 2 years ago
Kraken, one of the longest-running cryptocurrency exchanges in the industry, has filed a pre-registration with the Canada’s Ontario Securities Commission (OSC). The move is part of the US-based digital asset firm’s efforts to become a registered Rest...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain technology has been touted as a solution to the issue of financial exclusion, promising a more inclusive and accessible financial system. However, there is a growing concern that the implementation of blockchain technology could backfire s...
Cryptocoins News / Finance Magnates - 2 years ago
Malta-based OKX, which operates a global crypto exchange, announced the extension of its partnership with British Formula One (F1) team McLaren Racing on Thursday. OKX and McLaren Racing Extend Sponsorship AgreementThe first multi-year agreement bet...
Cryptocoins News / Finance Magnates - 2 years ago
<p> OKX, the second-biggest crypto trading platform by trading volume, has recently announced that it is preparing to transfer $157 million in frozen assets linked to the creditors of FTX and Alameda Research, companies of Sam Bankman-Fried&ap...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The banking industry is facing instability, and in the US, problems became clearly visible when three crypto-friendly banks ran into trouble earlier this month. These entities are the now well-known Silvergate Bank, Silicon Valley Bank, and...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Gemini, the <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" class="terms__main-term" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa">cryptocurrency exchange...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Thailand’s Securities and Exchange Commission (SEC) is considering lifting the 300,000 baht (about $8,800) retail investment limit for initial coin offerings (ICO) to stimulate investments in digital tokens. </p><p>Thailand to Re...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Cryptocurrency exchange, Beaxy, has shut down its operations after over three years of launching into the market. The exchange ceased its operations in the wake of a lawsuit from the United States Securities and E...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Enterprise Ethereum is a blockchain network created primarily for enterprises. It is built on the Ethereum blockchain, which is well-known for its adaptability and scalability. This article will look into Enterpri...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Williams Racing and Kraken, a popular crypto platform, announced a global partnership ahead of the Australian Grand Prix in Melbourne. This marks Kraken's first-ever official crypto and Web3 partner of the Formula 1 (F1) team.</p&g...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Russia has delayed its planned central bank digital currency (CBDC) rollout without providing any further timeline. The testing of the digital ruble was scheduled to start on 1 April. </p><p>Russia Delays CBDC Pilot </p><...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">The publicly-listed cryptocurrency company founded by an American investor Michael Novogratz, Galaxy Digital Holdings (<a href="https://www.financemagnates.com/tag/galaxy-digital-assets-fund/" target=...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Federal Deposit Insurance Corporation (FDIC) has asked cryptocurrency clients of collapsed Signature Bank to close their accounts by April 5 by finding <a href="https://www.financemagnates.com/cryptocurrency/bank-failures-leave-u...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">The growth of cryptocurrencies in recent years has offered a new method of performing financial transactions. The usage of stablecoins for remittances is one of the most potential applications of this technology....
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">US prosecutors have expanded the 12 count charges against Sam Bankman-Fried, the Founder of the now-bankrupt cryptocurrency exchange, FTX. An additional indictment sealed on Tuesday morning, alleges that the FTX F...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Blockchain technology has been widely used for cryptocurrencies, such as Bitcoin and Ethereum, but its application is not limited to the financial industry. Digital identity management is one of the areas where bl...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Since Bitcoin's beginnings in 2009, cryptocurrencies have gone a long way. While Bitcoin and other cryptocurrencies such as Ethereum and Litecoin have grown in popularity, they remain highly volatile and unsu...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Decentralized finance (DeFi) has grown in popularity in recent years, providing a new way to organize financial transactions without the use of traditional intermediaries like banks. </p><p class="Ms...
Cryptocoins News / Finance Magnates - 2 years ago
<p>In major crypto news yesterday, the CFTC (Commodity Futures Trading Commission) in the US filed a <a href="https://www.docdroid.net/60YAbCz/cftc-binance-pdf" target="_blank" rel="nofollow">lawsuit</a>...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The number of big cryptocurrency brands looking to enter the Hong Kong market continues to grow. All thanks to <a href="https://www.financemagnates.com/cryptocurrency/hong-kongs-new-crypto-licensing-regime-a-boon-or-bane-for-invest...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Hours after the <a href="https://www.financemagnates.com/cryptocurrency/cftc-sues-binance-for-illegal-derivatives-exchange-numerous-violations/" target="_blank" rel="follow">Commodity Futures Trading Commi...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against cryptocurrency exchange Binance and Changpeng Zhao, its Chief Executive Officer, for “numerous violations of the Commodity Exchange Act (...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Microfinance, often known as microcredit, has been practiced for generations. It entails making small loans to individuals and enterprises that do not have access to standard banking services. </p><p clas...
