Cryptocoins News / Finance Magnates - 1 year ago
The
cryptocurrency community has been buzzing with excitement as the Securities and
Exchange Commission (SEC) considers whether to approve a Bitcoin
exchange-traded fund (ETF). This potential crypto milestone begs the question:
How popular would a sp...
Cryptocoins News / Finance Magnates - 1 year ago
An
official from China's foreign exchange regulatory body has highlighted the
potential benefits of "programmable features" within a central bank
digital currency (CBDC) to enhance the effectiveness of monetary policy tools.
China is actively develop...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
have evolved from a fringe concept to a mainstream investment vehicle,
attracting not just individual investors but also the attention of
cybercriminals. A recent report by The Money Mongers sheds light on the
staggering amount of mo...
Cryptocoins News / Finance Magnates - 1 year ago
The US Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) have taken legal action against Stephen Ehrlich, the former CEO of the now-bankrupt crypto platform Voyager, for his many false representations to customers.Vo...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, who plays a crucial role in the
case against FTX's Founder Sam Bankman-Fried (SBF), faced intense
cross-examination by the defense as she testified against her former boss. The
trial highlighted complex events that led to the collap...
Cryptocoins News / Finance Magnates - 1 year ago
In response to the ongoing war with Hamas, Israeli
crypto and web3 communities have joined forces for a humanitarian initiative to
raise funds to support Israeli citizens affected by the conflict.Dubbed Crypto Aid Israel, this initiative involves a
m...
Cryptocoins News / Finance Magnates - 1 year ago
The emergence
of blockchain technology has spurred a fundamental revolution in the field of
financial services. Blockchain, as a decentralized and immutable ledger
technology, has impacted established financial systems in a variety of ways. Trust and...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, Alameda's former Chief Executive
Officer, is expected to take the stand today (Thursday) to testify against Sam
Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the e...
Cryptocoins News / Finance Magnates - 1 year ago
Smart contracts
have emerged as a game-changing concept with the potential to transform a
variety of sectors. When certain criteria are satisfied, these self-executing
contracts automatically enforce established rules, removing the need for
middlemen...
Cryptocoins News / Finance Magnates - 1 year ago
Despite
historically low returns in September, Bitcoin (BTC) ended the past month
exceptionally well. Unfortunately, the same cannot be said for major
centralized cryptocurrency exchanges whose spot trading volumes have declined
for another consecuti...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has rebranded Binance Feed to Binance
Square, a move aimed at facilitating the free exchange of crypto-related
content and ideas. To celebrate the launch, the cryptocurrency exchange is
offering a reward of 10,000 USDT to its users, according...
Cryptocoins News / Finance Magnates - 1 year ago
The stability
of assets remains a desired trait in the volatile world of bitcoin and
financial markets. Market volatility can destabilize portfolios and
investments, making it critical for people and corporations to plan ahead of
time. Stablecoins
Ex...
Cryptocoins News / Finance Magnates - 1 year ago
Trading
volumes on Coinbase (NASDAQ: COIN) have fallen so sharply in the past quarter that they are now
below the levels seen in April 2021, when the exchange debuted on Nasdaq.
According to CCData, trader activity was valued at $76 billion, a decrea...
Cryptocoins News / Finance Magnates - 1 year ago
The digital asset trading platform Bitfinex has
announced zero-fee trading for market takers on its peer-to-peer (P2P) trading
platform in Argentina, Colombia, and Venezuela. This offering allows traders to
buy and sell their digital assets at the ma...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, the former Chief Executive Officer
of Sam Bankman-Fried (SBF)'s crypto hedge fund Alameda Research, took the stand today (Wednesday) to
testify against him for the second day. Her
testimony revealed aspects of SBFโs character, who f...
Cryptocoins News / Finance Magnates - 1 year ago
Circle Internet Financial (Circle), a stablecoin issuer, has partnered with
Coins.ph, a cryptocurrency exchange based in the Philippines, to promote
USDC-denominated remittances. According to a statement released by the
company, the service aims to...
Cryptocoins News / Finance Magnates - 1 year ago
Geopolitical
events are not uncommon in the global financial scene, and they frequently
cause rippling effects in traditional markets. Bitcoin and cryptocurrencies
have arisen as an alternative asset class in recent years, and their response
to geopo...
Cryptocoins News / Finance Magnates - 1 year ago
Binance
is taking steps to enhance its user experience by introducing a
self-transaction prevention (STP) function to prevent unnecessary trading fees
associated with unintentional self-trades. The full rollout of this function
for all spot and margi...
Cryptocoins News / Finance Magnates - 1 year ago
The owner of the crypto exchange Bitfinex, iFinex Inc.,
is considering a share buyback offer of $150 million. This initiative aims to
provide relief to the investors, who were originally compensated with BFX
tokens after Bitfinex suffered a substanti...
Cryptocoins News / Finance Magnates - 1 year ago
Do you want to build a successful Web3 marketing campaign? Or maybe youโre just wondering what fuels the success of crypto projects in the bustling realm of Web3 marketing. Well, then you better start with X. If you're an entrepreneur, or a marketer,...
Cryptocoins News / Finance Magnates - 1 year ago
The financial market regulator in Cyprus is considering the introduction of a severe monetary penalty of up to โฌ350,000, imprisonment of up to five years, or both for cryptocurrency service providers who failed to register with relevant authorities,...
Cryptocoins News / Finance Magnates - 1 year ago
The third
quarter of 2023 brought a mixed bag of trends in the cryptocurrency market.
While the broader financial landscape grappled with inflation and interest rate
decisions, the crypto world saw a resurgence in specific sectors. The newest
Bitget...
Cryptocoins News / Finance Magnates - 1 year ago
Bitstamp has confirmed its decision to discontinue its
services in Canada, effective January 8, 2024. This move comes as the latest in
a series of exits from the Canadian market by cryptocurrency companies,
following Binance and Bybit earlier this ye...
Cryptocoins News / Finance Magnates - 1 year ago
The
number of Bitcoins publicly traded miner Hut 8 Mining Corp. produced increased
to 111 BTC in September. Although this result is significantly lower than last
year's, it reflects a general trend observed in the industry. Additionally, Hut
8 is pro...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, the former CEO of Sam Bankman-Fried's
(SBF) hedge fund, Alameda Research, has testified that the crypto mogul
directed a scheme to defraud customers of his cryptocurrency exchange, FTX.
Ellison's allegations painted a picture of amb...