Cryptocoins News / Finance Magnates - 1 year ago
The Florida Office of Financial Regulation (OFR) said it issued a three-count complaint against Bittrex in late April, days before the troubled cryptocurrency exchange filed for bankruptcy protection in May. In the complaint, OFR accused Bittrex of f...
Cryptocoins News / Finance Magnates - 1 year ago
The bitcoin mining company, Hut 8 released its production and operations update for the month of June today (Thursday). In the report, the company disclosed that it mined 120 Bitcoins, which is a production rate equivalent to 4 Bitcoins per day.Dur...
Cryptocoins News / Finance Magnates - 1 year ago
Traditional financial services are being reshaped by innovation in the world of cryptocurrency. Crypto lending is one such innovation, a burgeoning industry that allows individuals and corporations to lend and borrow digital assets. Crypto financing...
Cryptocoins News / Finance Magnates - 1 year ago
HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE), the Canadian publicly-listed crypto mining company, has unveiled plans to undergo a strategic rebranding. It includes a change of name to HIVE Digital Technologies Ltd.This move aims to show the compa...
Cryptocoins News / Finance Magnates - 1 year ago
OKX, one of the biggest crypto exchanges by trading volume, has announced the launch of Signal Trading, a trading bot and marketplace. The new platform, scheduled for release in August-September 2023, offers automated crypto trading strategies for re...
Cryptocoins News / Finance Magnates - 1 year ago
The market share of the top cryptocurrency exchange Binance, and its US affiliate, Binance.US, has declined, the latest market data shows. The decline is anticipated to be due to the recent lawsuit filed against the exchange by the Securities and Exc...
Cryptocoins News / Finance Magnates - 1 year ago
Legislators in Israel conducted a preliminary reading for a new bill that proposes the exemption of foreigners from capital gains taxes or profit made from their cryptocurrency activities. The bill, which seeks the amendment of Israel’s Income Tax Or...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain security company, Certik, has compiled a report showing the value of cryptocurrencies lost in hacks and exploits during the second quarter of the year. According to the report, hackers stole $313 million through different kinds of scams an...
Cryptocoins News / Finance Magnates - 1 year ago
Denmark’s financial markets supervisor has demanded that Saxo Bank dump its cryptocurrency holdings. The Danish Financial Supervisory Authority (FSA) stated this in a statement released today (Wednesday), noting that the multi-asset broker’s trading...
Cryptocoins News / Finance Magnates - 1 year ago
The rise of cryptocurrencies and digital assets has shifted the financial industry's worldview. These digital currencies provide up new avenues for investment, cross-border commerce, and decentralized finance. However, in addition to its enormous pot...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian financial regulator has searched the premises of the local subsidiaries of Binance that came as a part of the probe against the crypto exchange’s now-closed derivatives business. ASIC’s Investigation against Binance According to a Blo...
Cryptocoins News / Finance Magnates - 1 year ago
A new bill that seeks to empower agencies in the United Kingdom to seize and freeze cryptocurrency in money laundering cases has received the approval of the Parliament’s upper chamber. The Economic Crime and Corporate Transparency Bill, which was fi...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchanges operating in South Africa have until November 30 to register with the country’s financial regulator. Those who will not comply with the directive risk facing enforcement actions, including fines or business closure, the Fin...
Cryptocoins News / Finance Magnates - 1 year ago
The UK financial watchdog has said crypto firms in the country will have four “legal routes” through which they can comply with its rules for digital assets promotion coming into force on October 8, 2023. The Financial Conduct Authority (FCA) stated...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin (BTC) upheld its rank as the most-held crypto asset by retail traders in the second quarter of 2023. This surge was contrary to the broader market's trends, with Bitcoin's revival in price movement noted in the trading and investing platform'...
Cryptocoins News / Finance Magnates - 1 year ago
A group of South Korea’s major cryptocurrency exchanges has launched a system that alerts users of abnormal changes in the prices of cryptocurrencies. The alliance, dubbed the Digital Asset Exchange Association (DAXA) and comprising Upbit, Bithumb, C...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency trading platform, Bitget, has launched a new product 'Crypto Loans' in response to the growing demand for digital lending solutions. This venture is expected to appeal to those users who have been discouraged by the credit offering...
Cryptocoins News / Finance Magnates - 1 year ago
Revolut has become the latest trading platform to progress towards delisting three cryptocurrencies, Cardano’s ADA, Polygon’s MATIC, and Solana’s SOL, on behalf of its customer in the United States. However, the platform will continue to support thes...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX, has said it will launch a portal “in the coming weeks” for customers owed by the global crypto trading platform, FTX.com and its affiliates to state their claims. The exchange stated this on a website, claim...
Cryptocoins News / Finance Magnates - 1 year ago
Thailand’s securities watchdog today (Monday) issued new rules that ban cryptocurrency firms from offering crypto lending services that provide returns to investors for their deposits. The rules also demand that digital asset operators from July 31,...
Cryptocoins News / Finance Magnates - 1 year ago
Belarus is planning to ban cryptocurrency exchange transactions between individuals due to an increase in crime. The country is also planning to implement procedures such as those applicable to foreign currencies which make it impossible to withdraw...
Cryptocoins News / Finance Magnates - 1 year ago
The Digital Payment Token (DPT) service providers in Singapore may be required to safely keep customers' assets under a statutory trust before the end of the year. This is according to new measures announced today (Monday) by the country's financial...
Cryptocoins News / Finance Magnates - 1 year ago
OKX has expanded its deal with Manchester City through a new three-year agreement that makes it the popular English football club’s Official Sleeve Partner. The new deal is worth $70 million, the Seychelles-based cryptocurrency exchange told CoinDesk...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) has reportedly dismissed recent applications by various asset managers to launch spot Bitcoin (BTC) exchange-traded funds (ETFs). According to sources who shared information with The Wall Street Journal...
Cryptocoins News / Finance Magnates - 1 year ago
HIVE Blockchain Technologies Limited, the Canada-based publicly-traded company that mines pioneer cryptocurrency, Bitcoin, saw its revenue plunge roughly 50% at the end of its 2023 fiscal year ended March 31. The Nasdaq-listed firm’s revenue came in...
