Cryptocoins News / Finance Magnates - 1 year ago
Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating that hacking remains a significant threat for crypto investors.Crypto H...
Cryptocoins News / Finance Magnates - 1 year ago
OKX has discontinued its crypto mining pool and related services. Starting January 26, 2024, registration of new users for these services will no longer be available. According to a statement by the crypto exchange, existing users will retain access...
Cryptocoins News / Finance Magnates - 1 year ago
OKX has discontinued its crypto mining pool and related services. Starting January 26, 2024, registration of new users will no longer be available. According to a statement by the crypto exchange, existing users will retain access to the services unt...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong has issued a warning regarding two suspicious investment offerings named "Floki Staking Program" and "TokenFi Staking Program". These programs, enticing investors with promises of high annual returns ranging from 30% to over 100%, have caug...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Bitget has enhanced the security of its platform wallets through an upgrade to Multi-Party Computation (MPC) technology. MPC aims to boost wallet protections using distributed computing, homomorphic encryption, and a Trust...
Cryptocoins News / Finance Magnates - 1 year ago
Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto scam, has been sentenced to ten years in prison. He was convicted of two counts related to bank fraud and money laundering in 2019.The Sentencing after a Long WaitScott was sent...
Cryptocoins News / Finance Magnates - 1 year ago
To enhance the institutional trading experience in the crypto space, Finery Markets, a non-custodial crypto Electronic Communication Network and trading infrastructure provider for institutional players, has officially entered into a partnership with...
Cryptocoins News / Finance Magnates - 1 year ago
A recent report has unveiled a concerning surge in cyber-attacks orchestrated by North Korea-linked hackers, indicating a growing trend in the targeting of cryptocurrency assets. The analysis firm's findings revealed that in 2023, these hackers condu...
Cryptocoins News / Finance Magnates - 1 year ago
UP Fintech Holding Limited, the Tiger Trade online brokerage operator, has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to include dealing in virtual assets. This makes UP Fintech one of the first brok...
Cryptocoins News / Finance Magnates - 1 year ago
A federal judge rejected a travel request from the Founder of Binance, Changpeng "CZ" Zhao, to visit his home in the United Arab Emirates for the "hospitalization and surgery" of an undisclosed individual. This decision comes despite Zhao offering to...
Cryptocoins News / Finance Magnates - 1 year ago
The approval of 11 Bitcoin exchange-traded funds (ETFs) could guarantee a similar instrument of Ether as the Securities and Exchange Commission (SEC) delayed its decision on BlackRock’s Ether ETF application.The Fight for Ether ETF ContinuesThe decis...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, a major player in the cryptocurrency market, is bidding farewell to the Russian market. Part of this exit strategy and sale to CommEX includes plans to discontinue all services related to the Russian ruble (RUB) by early February 2024.This d...
Cryptocoins News / Finance Magnates - 1 year ago
Nexo AG and its subsidiaries have initiated legal action against the Republic of Bulgaria, filing an International Centre for Settlement of Investment Disputes arbitration claim exceeding $3 billion. The claim alleges damages and lost opportunities r...
Cryptocoins News / Finance Magnates - 1 year ago
Enterprise blockchain company R3 has announced the launch of a new suite of digital solutions aimed at helping financial firms adopt distributed ledger technology (DLT) and the appointment of Kate Karimson as Chief Commercial Officer (CMO).This launc...
Cryptocoins News / Finance Magnates - 1 year ago
Enterprise blockchain company R3 has announced the launch of a new suite of digital solutions aimed at helping financial firms adopt distributed ledger technology (DLT) and the appointment of Kate Karimson as Chief Commercial Officer (CCO).This launc...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto exchange Bitget has introduced an upgraded copy trading system that will allow users to allocate investments and execute trades based on their total assets, the company announced today (Wednesday).Bitget Upgrades Copy Trading Feature to Al...
Cryptocoins News / Finance Magnates - 1 year ago
The trustee of the now-collapsed crypto exchange Mt. Gox appears to have decided to rehabilitate the victims with Bitcoin or Bitcoin Cash. In an email sent to some victims, the trustee asked for confirmation of their identity and account details with...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) has revealed that the unauthorized post about approving spot Bitcoin exchange-traded funds (ETFs) on January 9 is related to a "SIM swap" attack. This tactic involves transferring a mobile phone number to...
Cryptocoins News / Finance Magnates - 1 year ago
A recent examination by FINRA uncovered a staggering 70% potential rate of violation of its retail communication regulations for crypto assets. This revelation has highlighted the need for stringent adherence to regulatory guidelines as firms navigat...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's claims prices have experienced a remarkable surge, reaching almost 80 cents to the dollar, amid an anticipated hearing of a dispute between the bankrupt crypto exchange and its creditors. According to a report by Cointelegraph, FTX is advocati...
Cryptocoins News / Finance Magnates - 1 year ago
After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immedi...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypt...
Cryptocoins News / Finance Magnates - 1 year ago
A pivotal hearing unfolded in a Washington DC federal courtroom today (Monday), as Binance faced intense scrutiny from Federal Judge Amy Berman Jackson. Lawyers for Binance were pressed to defend their request for the dismissal of a high-profile laws...
Cryptocoins News / Finance Magnates - 1 year ago
Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of Grayscale Bitcoin Trust's (GBTC) shares. This unprecedented sell-off, att...
Cryptocoins News / Finance Magnates - 1 year ago
Terraform Labs, the company once known for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States, according to the documents filed yesterday (Sunday) with the Bankruptcy Court for the District...
