Cryptocoins News / Finance Magnates - 1 year ago
Few inventions in finance have created as much talk and excitement as Bitcoin. This cryptocurrency has evolved from a tiny digital experiment to a global financial phenomenon since its launch in 2009. However, many people are wondering whether Bitcoi...
Cryptocoins News / Finance Magnates - 1 year ago
Investors, businesses, and governments are all focused on regulatory monitoring. The cryptocurrency market has grown significantly over the last decade, having begun as a decentralized and unregulated space. The regulatory landscape is continually al...
Cryptocoins News / Finance Magnates - 1 year ago
While it's too early to talk about a speculative cryptocurrency rally like the ones Bitcoin (BTC) has historically offered, something is definitely going on. Just yesterday (Monday), the price of the oldest cryptocurrency surged 15%, testing its high...
Cryptocoins News / Finance Magnates - 1 year ago
In a recent social media uproar, Coinbase has emphatically denied allegations that it had instituted a limit of $5,000 per week on Bitcoin withdrawals. The rumors began circulating after a user's post on X (formerly Twitter) claimed to have encounter...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of the authorization of FTX EU Ltd until March 31, 2024. This decision is in response to the market instability caused when FTX and several of its subsidiaries filed fo...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's creditors are facing phishing attacks amidst the ongoing legal turmoil surrounding the collapse of the cryptocurrency exchange. These fraudulent emails promise expedited withdrawals for assets locked following the exchange's insolvency. Accordi...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto adoption continues to grow at an exponential rate. This digital financial revolution has brought with it both benefits and challenges, with one of the most serious worries being the possible misuse of cryptocurrencies for money laundering and...
Cryptocoins News / Finance Magnates - 1 year ago
In a year marked by the resurgence of cryptocurrencies, the global interest in cryptocurrency storage applications has experienced a notable decline. Recent data reveals that cryptocurrency wallets witnessed a total of 73.6 million downloads in the f...
Cryptocoins News / Finance Magnates - 1 year ago
The third quarter of 2023 has been challenging for the non-fungible tokens (NFTs) market, with sales hitting their lowest point since the last quarter of 2020. September alone recorded a dismal sales figure of around $300 million. This downturn is pr...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) are responding to the changing landscape of virtual assets. The regulators have updated their policies with increasing inquiries from intermediaries about distrib...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has announced the impending closure of its Visa debit card services in the European Economic Area (EEA), set to take effect on December 20, 2023. This decision, outlined in an official announcement yesterday (Friday), will not affect Binance...
Cryptocoins News / Finance Magnates - 1 year ago
Binance is planning to end its debit card services in the European Economic Area (EEA) on December 20, 2023. This decision, outlined in an official announcement yesterday (Friday), will not affect Binance accounts. The move occurs as the cryptocurren...
Cryptocoins News / Finance Magnates - 1 year ago
The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has classified cryptocurrency mixers as a significant hub for money laundering activities. This action aims to increase scrutiny of crypto transactions due to the increasing u...
Cryptocoins News / Finance Magnates - 1 year ago
The world of cryptocurrencies has been a hotbed of speculation and anticipation, frequently characterized by extraordinary volatility. Investors and enthusiasts are constantly looking for hints and insights to estimate the future trajectory of the cr...
Cryptocoins News / Finance Magnates - 1 year ago
The Swedish financial regulator reported a troubling trend in investment fraud targeting Bitcoin users during the third quarter of 2023. The Financial Supervisory Authority (FSA) said thousands of consumers fall victim to various schemes every year....
Cryptocoins News / Finance Magnates - 1 year ago
In 2023, the cryptocurrency sector is going through a period of introspection and transformation, fueled by the events of the previous year. This essay delves into the key findings and takeaways that are driving the future of the crypto sector.Regula...
Cryptocoins News / Finance Magnates - 1 year ago
Optimism around a spot Bitcoin exchange-traded fund (ETF) is growing as Coinbase and JPMorgan Chase recently said they expect approval for the instrument.A Spot Bitcoin ETF Approval Is ImminentThe Wall Street giant, JPMorgan recently stated it expect...
Cryptocoins News / Finance Magnates - 1 year ago
In an attempt to restore the roadblocks around payments in Europe, Binance has signed new fiat partners to provide EUR services to users in the continent, the crypto exchange announced yesterday (Thursday). Binance's New EUR Payment PartnersAlthough...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) has cleared the names of two top Ripple executives, Brad Garlinghouse, the CEO, and Chris Larsen, the Executive Chairman, from all the charges brought against them in the lawsuit that alleged that XRP w...
Cryptocoins News / Finance Magnates - 1 year ago
The Vienna-based crypto exchange, Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. With the addition of Norway to its list of regulated markets, Bitpanda has strengthened its pres...
Cryptocoins News / Finance Magnates - 1 year ago
Stablecoins, a type of cryptocurrency designed to maintain a steady value by linking it to a reserve of assets such as fiat currency or commodities, have received a lot of interest and adoption in recent years. They promise the best of both worlds: d...
Cryptocoins News / Finance Magnates - 1 year ago
As the year comes to an end, cryptocurrency enthusiasts and investors are focusing on Bitcoin, the world's most renowned digital asset. Bitcoin has a history of generating big year-end rallies, prompting the moniker "Santa Claus rally" to be coined i...
Cryptocoins News / Finance Magnates - 1 year ago
The New York Attorney General Letitia James has initiated a lawsuit against Gemini Trust Company, Genesis Global Capital, LLC, and Digital Currency Group, Inc. (DCG), alleging a fraudulent scheme that cost over 230,000 investors more than $1 billion....
Cryptocoins News / Finance Magnates - 1 year ago
The European Central Bank (ECB) has taken significant steps toward the development of a digital version of the euro. It aims to provide secure and free electronic payment options for the 20 nations that share the single currency.ECB's Two-Year Prepar...
Cryptocoins News / Finance Magnates - 1 year ago
Facing challenges in the US, the crypto exchange Coinbase has identified its primary global regulatory hub as Ireland. The platform has already applied for a license from the Central Bank of Ireland, aiming to align with new European regulations set...
