Cryptocoins News / Finance Magnates - 2 years ago
2023 has seen a striking increase in interest from retail investors as a result of cryptocurrency's ability to draw in investors from all around the world. Retail investors are becoming more interested in this new asset class as digital currencies be...
Cryptocoins News / Finance Magnates - 2 years ago
Cryptocurrency exchange Bittrex filed for Chapter 11 bankruptcy protection in the US state of Delaware less than a month after its exit from the country. The bankruptcy only affects its US operation and not the global exchange. The End of Bittrex US...
Cryptocoins News / Finance Magnates - 2 years ago
Paxful, a peer-to-peer (P2P) Bitcoin (BTC) trading platform, has returned online one month after suspending activities in its marketplace as a result of key staff exits and regulatory challenges. The firm announced its reopening in a blog post.Paxfu...
Cryptocoins News / Finance Magnates - 2 years ago
Enforcement of last year’s amendment to Estonia’s anti-money laundering (AML) and countering the financial of terrorism (CFT) regulation has resulted in a dramatic drop in the number of licensed cryptocurrency service providers. As of May 1, 2023, th...
Cryptocoins News / Finance Magnates - 2 years ago
The CEO of Tesla and SpaceX, Elon Musk, has emerged as a key figure in the cryptocurrency industry, with his tweets having a big effect on the market. The market has experienced tremendous volatility as a result of Musk's comments on several cryptocu...
Cryptocoins News / Finance Magnates - 2 years ago
South Korean prosecutors made an effort to probe a main opposition party lawmaker, Rep. Kim Nam-kuk of the Democratic Party, over some crypto transactions he allegedly made last year. However, they faced a stumbling block when the Seoul Southern Dist...
Cryptocoins News / Finance Magnates - 2 years ago
The real estate sector is not an exception to how cryptocurrencies are impacting other businesses. The use of cryptocurrencies, particularly Bitcoin, has grown in the real estate industry in recent years. This article will examine how cryptocurrencie...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto, perhaps rebranded as the more respectable-sounding web3, steers ever closer toward mainstream integration. Is it given that Certain tenets that have always been central to the crypto space may start to be edged out as they are incompatible wi...
Cryptocoins News / Finance Magnates - 2 years ago
The environmental effects of cryptocurrency mining have become a prominent topic in recent years because of numerous scientists' and activists' concerns. There are worries about the carbon footprint of cryptocurrency mining because it uses a lot of e...
Cryptocoins News / Finance Magnates - 2 years ago
In recent months, Non-Fungible Tokens (NFTs) have swept the globe, especially in the art world. NFTs offer a means of confirming the ownership and validity of digital art, possibly upending the established art market. The rise of NFTs and their poten...
Cryptocoins News / Finance Magnates - 2 years ago
The UK’s top financial market regulator, the Financial Conduct Authority (FCA), continues its crackdown on cryptocurrency ATMs as it recently took action against such sites in Exeter, Nottingham, and Sheffield. FCA against Crypto ATMs According to th...
Cryptocoins News / Finance Magnates - 2 years ago
Israeli authorities have confiscated 189 cryptocurrency accounts on Binance for their links to Palestinian and Islamist terror groups since 2021, Reuters reported. However, the amount of cryptocurrencies held by those accounts is not known. Terror-Li...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase (Nasdaq: COIN) closed the first quarter of 2023 with total revenue of $773 million, which is higher than market expectations of $655 million. Additionally, the figure jumped from the previous quarter's $629 million. A Strong Quarter for Coin...
Cryptocoins News / Finance Magnates - 2 years ago
Four top media firms including Bloomberg L.P. have rejected the latest move by FTX debtors and creditors to extend a 90-day redaction window that granted them permission to hide details of customer-creditors of the bankrupt crypto exchange in certain...
Cryptocoins News / Finance Magnates - 2 years ago
For several years now, smart contracts have been a popular issue in the blockchain and cryptocurrency industries. These self-executing contracts make it possible to automate transactions without the involvement of middlemen or outside parties. Smart...
Cryptocoins News / Finance Magnates - 2 years ago
Several industries, including the banking industry, are being disrupted by blockchain technology. Blockchain technology, which is frequently connected to cryptocurrencies, is gaining popularity because it provides a secure and decentralized way to mo...
Cryptocoins News / Finance Magnates - 2 years ago
By developing a new set of financial tools and products that run on a decentralized blockchain network, decentralized finance (DeFi) has completely changed how individuals interact with financial services. Yield farming, which enables users to make p...
Cryptocoins News / Finance Magnates - 2 years ago
Investors are searching for novel approaches to diversify their portfolios and reach their long-term financial objectives in the quickly evolving financial environment of today. Digital assets, including cryptocurrencies, digital tokens, and assets b...
Cryptocoins News / Finance Magnates - 2 years ago
With MiCA having passed in the European Parliament last week, the EU looks set to be the first region, globally, to have a comprehensive framework of crypto regulation in place. The rules won’t take effect until 2024, and in the meantime, crypto indu...
Cryptocoins News / Finance Magnates - 2 years ago
Due to its increased use by both individuals and businesses, cryptocurrency has become a hot topic in the financial sector in recent years. A Cryptocurrency's potential and its effects on the banking sector are becoming more apparent. We will talk ab...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has launched a global cryptocurrency derivatives exchange days after disclosing that it was going offshore with a Bermuda license. The US-based digital asset exchange said the new platform is only open to only eligible, non-US institutional...
Cryptocoins News / Finance Magnates - 2 years ago
The banking industry has been shaken up by blockchain technology, which has changed how money is transacted. In this article, we'll talk about the advantages, difficulties, and potential uses of blockchain technology in financial transactions.How Doe...
Cryptocoins News / Finance Magnates - 2 years ago
Poloniex LLC, a US entity affiliated with crypto exchange Polonies, reached a settlement of $7.6 million with the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) for allegations of sanctions violations. Poloniex Settles with...
Cryptocoins News / Finance Magnates - 2 years ago
Binance, the largest cryptocurrency exchange by trading volume, is set to launch its services in Japan in June through the locally acquired Sakura Exchange BitCoin (SEBC). Binance to Enter Japan, Legally According to a notice published on Friday, SEB...
Cryptocoins News / Finance Magnates - 2 years ago
Argo Blockchain (LSE: ARB; NASDAQ: ARBK) published its financials for 2022, ending the year with a revenue of £47.4 million ($58.6 million), which is a decrease of 36 percent. The figure declined due to a decline in Bitcoin price and an increase in t...
