Cryptocoins News / Finance Magnates - 1 year ago
In an ongoing
effort to maintain transparency in the crypto sphere, OKX has published its
ninth consecutive monthly Proof of Reserves (PoR). The latest PoR indicates a
substantial balance of $11.3 billion, majorly in Bitcoin (BTC), Ethereum (ETH)
and...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea has launched a special investigations unit to
combat the rising cases of criminal activities related to cryptocurrencies. The
multi-agency unit will reportedly protect the interests of the investors as the
country awaits proper regulati...
Cryptocoins News / Finance Magnates - 1 year ago
The Middle
East is becoming an increasingly attractive location for a growing number of
cryptocurrency exchanges. After Binance obtained authorization from the
regulator in Abu Dhabi in November 2022, more companies have begun appearing in the
loca...
Cryptocoins News / Finance Magnates - 1 year ago
Following the
announcement of significant job cuts by Binance, KuCoin was expected to join
the ranks of major cryptocurrency exchanges reducing their workforce. According
to reports by Wu Blockchain yesterday (Tuesday), the company was preparing to
l...
Cryptocoins News / Finance Magnates - 1 year ago
African countries are moving to the forefront to regulate crypto as the government of Namibia has become the latest administration to officially sign a law to regulate the Virtual Asset Service Providers operating in the country. The law was approved...
Cryptocoins News / Finance Magnates - 1 year ago
The UK’s data regulator is reportedly examining the biometric project created by OpenAI’s CEO, Sam Altman, where users provide the scans of their irises in exchange for free cryptocurrencies and digital identification. The project launched yesterday...
Cryptocoins News / Finance Magnates - 1 year ago
Binance,
which initially targeted relaunching its crypto exchange services in Japan last
month, now has its eyes set on August 2023 for the rollout. Changpeng Zhao, the
Founder of the world’s largest digital asset exchange, disclosed this today
(Tues...
Cryptocoins News / Finance Magnates - 1 year ago
Over the last
decade, the cryptocurrency market has grown at an exponential rate, grabbing
the interest of investors, traders, and policymakers. Governments around the
world are dealing with the necessity to regulate cryptocurrencies and
blockchain t...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
are a dynamically changing market, which also applies to companies operating
directly within it. Bitget, one of the popular digital asset exchanges, has
decided to rebrand, aiming to reflect better the pace of ongoing changes,
includ...
Cryptocoins News / Finance Magnates - 1 year ago
Binance and its Founder and CEO, Changpeng Zhao, are
planning to seek the dismissal of a case filed by the Commodity Futures Trading
Commission (CFTC) in March. According to a court document filed yesterday
(Monday), the crypto exchange and Zhao are...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) alleged Binance.US to have orchestrated wash trading in a lawsuit against the cryptocurrency exchange. Recently, a Wall Street Journal report revealed internal communications of the company, showing Bin...
Cryptocoins News / Finance Magnates - 1 year ago
Lewis
Kaplan, the judge presiding over the case between the United States and Sam
Bankman-Fried, the Founder of bankrupt crypto exchange, FTX, may consider
issuing a gag order proposed by the US Attorney’s Office, according to media
reports. US prose...
Cryptocoins News / Finance Magnates - 1 year ago
Vladimir
Putin, the President of Russia, has ratified a law that introduces digital
rubble, the country’s central bank digital currency (CBDC), according to an
official government document published today (Monday). The approval
comes after Russia’s u...
Cryptocoins News / Finance Magnates - 1 year ago
Several cryptocurrencies branded 'X' surged at the
beginning of the week after the social media platform Twitter changed its
iconic blue bird logo to an 'X' symbol. Twitter's owner, Elon Musk, tweeted about
the changes on the weekend.In April, Musk...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse,
a virtual shared area in which users engage with digital goods and experiences,
has emerged as a game-changing concept with far-reaching ramifications for a
variety of businesses. Real estate
investing is one of these businesses underg...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has
listed Worldcoin (WLD), the cryptocurrency of the biometric project created by
OpenAI's CEO Sam Altman. The project, which launched today (Monday), aims to
boost the adoption of cryptocurrencies by creating a global identity network.Acc...
Cryptocoins News / Finance Magnates - 1 year ago
In recent
years, cryptocurrency has grown in popularity, with numerous businesses
investigating the potential of blockchain technology and digital assets. Crypto
sponsorships, in which firms utilize bitcoins to support events, sports teams,
and influ...
Cryptocoins News / Finance Magnates - 1 year ago
As the world of
cryptocurrencies continues to grow in popularity, more people are looking for
easy and secure ways to invest in digital assets. For individuals who are
familiar with mobile payment networks such as Google Pay and Apple Pay, the
notion...
Cryptocoins News / Finance Magnates - 1 year ago
The emergence of Web3 and blockchain technology has revolutionized the
gaming industry, providing unprecedented opportunities for developers and
entrepreneurs. The decentralized nature of Web3 gaming opens the door to
innovative game monetization mod...
Cryptocoins News / Finance Magnates - 1 year ago
American
rapper, Heather ‘Razzlekhan’ Morgan, and her husband, Ilya Lichtenstein, have
entered into a plea agreement with US prosecutors, according to a court
document seen by Reuters. The couple was first arrested in February 2022 for
allegedly laun...
Cryptocoins News / Finance Magnates - 1 year ago
The central bank of France is planning to collaborate
with private companies in the rollout of a central bank digital currency (CBDC)
for institutional and retail clients. The bank issued
recommendations for policies that could support the launch o...
Cryptocoins News / Finance Magnates - 1 year ago
US
prosecutors have accused Sam Bankman-Fried, the embattled Founder of
now-bankrupt cryptocurrency exchange, FTX, of sharing with the media personal documents belonging to Caroline Ellison, his former ally and romantic partner. The
Department of Jus...
Cryptocoins News / Finance Magnates - 1 year ago
An AI oracle acts as an
intermediary that provides AI systems with external data from real-world
sources. It plays a crucial role in feeding AI models with valuable and diverse
information, enabling them to make informed decisions, improve performanc...
Cryptocoins News / Finance Magnates - 1 year ago
The Indonesian
commodities futures regulator has established the country's official
cryptocurrency exchange as part of its efforts to regulate the fast-growing
digital asset space. Additionally, the regulator has established a clearing
house for digi...
Cryptocoins News / Finance Magnates - 1 year ago
The gaming industry has been
continuously evolving, and with the advent of Web3 and blockchain technology,
it is set to undergo a profound transformation in the way games are developed,
played, and monetized. Web3, an emerging decentralized internet...