Cryptocoins News / Finance Magnates - 11 months ago
Argo Blockchain, a publicly-listed cryptocurrency mining company, announced its unaudited financial results for the first quarter of 2024, which showed an improvement compared to the same period last year. The company reported a revenue of $16.8 mill...
Cryptocoins News / Finance Magnates - 11 months ago
Federal officials have initiated the process to transfer Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, to a new prison despite his preference to remain in New York to assist in preparing his appeal. Prison Transfer Despite New York P...
Cryptocoins News / Finance Magnates - 11 months ago
Ex-Revolut employees have launched Zeal, a DeFi wallet and crypto debit card that allows users to spend cryptocurrencies directly on everyday purchases. The launch follows a strategic partnership and $2 million investment from Gnosis, which aims to s...
Cryptocoins News / Finance Magnates - 11 months ago
As cryptocurrency enthusiasts eagerly await the approval of a physically-backed Ethereum (ETH) exchange-traded fund (ETF) in the US, London has also seen a groundbreaking development. The UK’s Financial Conduct Authority (FCA) has approved two crypto...
Cryptocoins News / Finance Magnates - 11 months ago
As cryptocurrency enthusiasts eagerly await the approval of a physically-backed Ethereum (ETH) exchange-traded fund (ETF) in the US, London has also seen a groundbreaking development. The UK’s Financial Conduct Authority (FCA) has approved two crypto...
Cryptocoins News / Finance Magnates - 11 months ago
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has concluded its investigation into the Worldcoin project, determining that its operations in the city violated the Personal Data Privacy Ordinance (PDPO). Privacy Commissioner...
Cryptocoins News / Finance Magnates - 11 months ago
The expectation for the approval of an Ether exchange-traded fund (ETF) is heightened as the Securities and Exchange Commission (SEC) asked Nasdaq, CBOE, and NYSE to amend their applications for the crypto instrument by the end of Tuesday, Reuters re...
Cryptocoins News / Finance Magnates - 11 months ago
One selling point for Bitcoin is that it is politically neutral. After all, it's a ledger, decentralized, and wherever we each fall on the political spectrum, we all need to keep track of our own funds. That’s not to say everyone thinks Bitcoin is th...
Cryptocoins News / Finance Magnates - 11 months ago
Gracy Chen, a seasoned entrepreneur with a decade of experience in business management, marketing, and investment, has been appointed as the new Chief Executive Officer (CEO) of the crypto exchange Bitget. She will succeed Sandra Lou, who is stepping...
Cryptocoins News / Finance Magnates - 11 months ago
Crypto exchange Bybit has surpassed 30 million registered users globally. The exchange, one of the largest in terms of spot volumes, has increased its customer base by 10 million over the last six months.Bybit Surpasses 30 Million Registered Users At...
Cryptocoins News / Finance Magnates - 11 months ago
SIX Digital Exchange (SDX) has announced transactions exceeding 1 billion Swiss Francs (CHF) in digital asset issuance. This was marked by the settlement of a CHF 200 million bond by the World Bank, which was priced on May 15. The collaboration betwe...
Cryptocoins News / Finance Magnates - 11 months ago
New York Attorney General Letitia James has finalized a settlement worth $2 billion with the bankrupt cryptocurrency firms Genesis Global Capital, LLC, Genesis Asia Pacific PTE, LTD., and Genesis Global Holdco, LLC (collectively known as Genesis). Th...
Cryptocoins News / Finance Magnates - 11 months ago
OKX Ventures, the investment division of the crypto exchange and Web3 technology company OKX, has announced its investment in Bitlayer. Bitlayer is recognized as the first Bitcoin security-equivalent Layer 2 solution based on BitVM.Introducing Soluti...
Cryptocoins News / Finance Magnates - 11 months ago
On its sixth anniversary and surpassing the milestone of 10 million customers, the cryptocurrency exchange BingX presented its strategic development strategy titled "ExpansionX," under which it plans to implement a range of new products and expand it...
Cryptocoins News / Finance Magnates - 11 months ago
Genesis Global, a bankrupt crypto lender, has received court approval to distribute $3 billion in cash and cryptocurrencies to its creditors. However, the decision excludes its parent Digital Currency Group (DCG) from receiving any recovery from the...
Cryptocoins News / Finance Magnates - 11 months ago
To bolster its institutional trading offerings, popular crypto exchange OKX has announced a collaboration with Hidden Road Partners, a credit network for institutions. The partnership aims to provide Hidden Road's clients with access to OKX's deep li...
Cryptocoins News / Finance Magnates - 11 months ago
A Nigerian court's ruling today (Friday) has paved the way for Binance executive Tigran Gambaryan to stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case. Alongside Gambaryan, a US citizen and Head of Financial Crimes C...
Cryptocoins News / Finance Magnates - 11 months ago
The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 mi...
Cryptocoins News / Finance Magnates - 1 year ago
BitConnect’s national promoter in Australia, John Bigatton, pled guilty to his role in promoting the scam after three and a half years of his indictment. He promoted the fraudulent cryptocurrency scheme on social media, hosted seminars across the cou...
Cryptocoins News / Finance Magnates - 1 year ago
The virtual asset management provider HashKey Capital Limited has secured both Type 4 and upgraded Type 9 licenses from the Securities and Futures Commission (SFC), becoming the first licensed corporation to offer a complete suite of securities and v...
Cryptocoins News / Finance Magnates - 1 year ago
Chicago Mercantile Exchange (CME), known for operating one of the largest US-based futures exchanges, is planning to offer spot Bitcoin trading to its clients, according to a report by the Financial Times.CME Expansion in Crypto MarketsAlthough not o...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Bybit has experienced significant growth over the past year and, after five years of operation, has surpassed 20 million users. However, its expansion is not as dynamic in some regions due to local regulatory challenges.On...
Cryptocoins News / Finance Magnates - 1 year ago
BVNK, a payments infrastructure provider, has declared the integration of PayPal USD (PYUSD), a stablecoin, into its platform. The issuance of PYUSD is solely handled by Paxos Trust Company, under the regulatory oversight of the New York Department o...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in Canada have arrested Aiden Pleterski, who called himself the “Crypto King,” and charged him with fraud and money laundering. He allegedly swindled investors out of CAD 40 million (about USD 30 million) with his crypto and foreign e...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has introduced spot copy trading to enable traders to replicate expert trading strategies. The new feature allows users to automatically replicate the trades of lead traders. Unlike futures trading, which involves leverage and heightened risk...
