Cryptocoins News / Finance Magnates - 11 months ago
US lawmakers have accused Nigeria of holding Binance's executive hostage and called for President Joe Biden to intervene and secure the executive's release, Bloomberg reported.In a recent letter, sixteen Republican congressmen, led by Michael McCaul,...
Cryptocoins News / Finance Magnates - 11 months ago
Ouinex, a digital assets trading platform, has raised $5 million through a series of private funding rounds. The most recent Private 2 token sales round raised $1 million, bringing the total funds raised to $5.2 million.Ouinex's user base exceeds 50,...
Cryptocoins News / Finance Magnates - 11 months ago
FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a significant $24 billion tax dispute that has been looming over the exchange's restructuring process. Initially, the IRS claimed FTX...
Cryptocoins News / Finance Magnates - 11 months ago
The U.S. Energy Information Administration (EIA) estimates Bitcoin mining uses about 170 TWh of electricity per year, or about 0.6% to 2.3% of annual American electricity consumption. The aggregate market cap of 14 publicly traded U.S. mining compani...
Cryptocoins News / Finance Magnates - 11 months ago
On the surface, institutional adoption of digital assets is thriving. The fact that multiple major firms like HSBC and BlackRock are beginning to offer tokenized products is a testament. One recent projection even suggested that by 2030 the tokenized...
Cryptocoins News / Finance Magnates - 11 months ago
Bitpanda has announced an expansion of its partnership with Deutsche Bank, aimed at providing real-time payment solutions for users in Germany. API-Based Account SolutionThe collaboration will enable seamless incoming and outgoing transactions throug...
Cryptocoins News / Finance Magnates - 11 months ago
A federal court in Australia has favoured Block Earner, a cryptocurrency company, by relieving it from the liability of paying a penalty for offering interest-bearing crypto products without an appropriate licence.A Regulatory Disappointment?The judg...
Cryptocoins News / Finance Magnates - 11 months ago
Thailand has joined the Bitcoin exchange-traded fund (ETF) trend by approving One Asset Management (ONEAM) to launch a Bitcoin ETF, as reported by the Bangkok Post. However, access to the instrument will be limited to wealthy and institutional invest...
Cryptocoins News / Finance Magnates - 11 months ago
Starting June 30, 2024, the European Economic Area (EEA) will enforce new regulations under the Markets in Crypto-Assets (MiCA) framework, specifically targeting stablecoins. Binance, one of the world's largest cryptocurrency exchanges, plans to roll...
Cryptocoins News / Finance Magnates - 11 months ago
Binance has suspended cash payments for peer-to-peer (P2P) trading in India to adhere to regulatory compliance and enhanced security, 99 Bitcoins reported. While cash transactions have been convenient for users in regions with limited banking access,...
Cryptocoins News / Finance Magnates - 11 months ago
OKX, a global cryptocurrency exchange platform, has announced the launch of its services in the Netherlands. Dutch customers now have access to spot trading, including buying and selling cryptocurrencies, along with conversion services for over 150 d...
Cryptocoins News / Finance Magnates - 11 months ago
Global payments infrastructure provider Mercuryo has announced a new partnership with Trust Wallet, a leading self-custody Web3 wallet. Trust Wallet supports over 100 blockchains and more than 10 million assets. The partnership introduces an off-ramp...
Cryptocoins News / Finance Magnates - 11 months ago
Hong Kong's Securities and Futures Commission (SFC) has introduced new regulations for virtual asset trading platforms (VATPs), which became effective on June 1. Under these regulations, VATPs operating in or marketing to Hong Kong investors must be...
Cryptocoins News / Finance Magnates - 11 months ago
In late 2019, Juventus launched the world's first blockchain-based fan token, promising a revolution in fan engagement. Fast forward to today, and every single fan token has experienced extreme volatility with prices mostly plummeting. This is not ju...
Cryptocoins News / Finance Magnates - 11 months ago
Tether Holdings, the stablecoin issuer, has acquired a substantial stake in Bitdeer Technologies Group, a US-listed Bitcoin mining company owned by Chinese billionaire Jihan Wu. This acquisition involves a US$100 million investment, with an option to...
Cryptocoins News / Finance Magnates - 11 months ago
The law enforcement agencies from Austria, Cyprus, and Czechia uncovered a cryptocurrency scam that defrauded investors out of millions early this month. This international collaboration, supported by Europol and Eurojust, led to the arrest of six Au...
Cryptocoins News / Finance Magnates - 11 months ago
More than $18 billion worth of cryptocurrency has shifted to a new platform type offering rewards for locking up tokens, a scheme that analysts warn poses significant risks for users and the broader crypto market.The increasing popularity of "re-stak...
Cryptocoins News / Finance Magnates - 11 months ago
Kabosu, the Japanese Shiba Inu who became the face of the popular cryptocurrency Dogecoin, passed away at the age of 18 years. Her owner, Atsuko Sato, announced the news in a heartfelt blog post last Friday.From Meme to MainstreamKabosu became an int...
Cryptocoins News / Finance Magnates - 11 months ago
Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on...
Cryptocoins News / Finance Magnates - 11 months ago
Robinhood has introduced Crypto Trading API, a service that enables users to craft their trading programs and use algorithms to execute trades. This offering aims to streamline trading processes and allow users to diversify their strategies, catering...
Cryptocoins News / Finance Magnates - 11 months ago
Global payment giant Mastercard has launched its peer-to-peer cryptocurrency credentials pilot program to simplify how users send and receive digital currencies. The new service is available in more than ten countries in Europe and Latin America. By...
Cryptocoins News / Finance Magnates - 11 months ago
Crypto exchange Gemini, owned by the Winklevoss twins, has announced the return of $2.2 billion to users of its Earn program after halting withdrawals 18 months ago, CNBC reported. This move followed a substantial settlement between the New York Atto...
Cryptocoins News / Finance Magnates - 11 months ago
The New York Stock Exchange (NYSE) has partnered with CoinDesk to track spot Bitcoin prices. This collaboration aims to bridge traditional finance with cryptocurrency and offer investors ways to engage with digital assets. The partnership involves ca...
Cryptocoins News / Finance Magnates - 11 months ago
PayPal has integrated its stablecoin Paypal USD (PYUSD) with the Solana blockchain, promising faster and more cost-effective transactions. This move aims to enhance user flexibility by leveraging Solana’s capability to handle high-volume, low-cost tr...
Cryptocoins News / Finance Magnates - 11 months ago
GCEX, a prime brokerage for forex and cryptocurrencies led by Lars Holst, announced today (Wednesday) that it is enhancing its offerings with DV Chain, a provider of crypto liquidity and market-making services. Through the latest collaboration, GCEX...
