Cryptocoins News / Finance Magnates - 1 year ago
Coinbase, a cryptocurrency exchange platform, has announced an expansion of its services, allowing eligible non-US customers to trade perpetual futures on Coinbase Advanced. For sophisticated retail traders worldwide, it provides an integrated platfo...
Cryptocoins News / Finance Magnates - 1 year ago
In any industry, the value of education cannot be emphasized. Individuals and institutions are seeking reputable sources to expand their understanding of cryptocurrencies and blockchain as interest in these disruptive technologies grows. Fortunately,...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried (SBF) is fighting to defend the legitimacy of FTX's investments. His lawyer has argued that these investments were not "reckless and frivolous," countering Nishad Singh's portrayal of excessive spending on marketing and celebrity en...
Cryptocoins News / Finance Magnates - 1 year ago
OKX, a crypto exchange and Web3 technology company, reveals that its Liquid Marketplace achieved a record monthly high with futures spreads trading volumes amounting to an impressive $1.54 billion in September 2023. This signifies a notable 62% of th...
Cryptocoins News / Finance Magnates - 1 year ago
To maintain its position among the largest exchanges handling Bitcoin (BTC) futures traffic, Bybit Institutional has launched its updated trading platform. The platform aimed at professional traders, a part of the Bybit exchange, has received a refre...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have heralded a new era in digital banking by giving individuals unparalleled control and sovereignty over their possessions. This newfound independence, however, comes with a tremendous responsibility: the need to effectively secure...
Cryptocoins News / Finance Magnates - 1 year ago
Few events in the cryptocurrency and blockchain industries have prompted as much controversy and speculation as the recent testimony on FTX's supposed breakdown. FTX, previously regarded as a rising star among cryptocurrency exchanges, has suffered a...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto custodian firm BitGo has acquired HeightZero, a software platform tailored for wealth managers looking to integrate cryptocurrencies and digital assets into their clients' portfolios. While the financial details of the deal were not disclo...
Cryptocoins News / Finance Magnates - 1 year ago
Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing the tokenization of CBDCs, which has the potential to change the way d...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US has halted direct US dollar withdrawals from its platform. This change follows a series of regulatory actions by the US Securities and Exchange Commission (SEC). As a result, Binance.US' users are now required to convert their US dollar ho...
Cryptocoins News / Finance Magnates - 1 year ago
The global banking regulators have taken a significant step towards increasing transparency in the financial sector. The Basel Committee, comprising banking regulators from major global financial hubs, has introduced a proposal to enforce standardize...
Cryptocoins News / Finance Magnates - 1 year ago
The current volatility in the bitcoin market has many investors and industry experts questioning the interconnection of big players. Among the most pressing concerns is the fate of FTX, a popular bitcoin exchange site in recent years. While the reaso...
Cryptocoins News / Finance Magnates - 1 year ago
In its latest drive to improve liquidity, California-based crypto exchange Coinbase (Nasdaq: COIN) removed 80 non-USD trading pairs yesterday (Monday). The removed trading pairs were trading against Tether, Bitcoin, Ethereum, and fiats like the euro...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA), the EU's financial watchdog, today (Tuesday) issued statements urging member states and market participants to prepare for the transition to the Markets in Crypto-Assets Regulation (MiCA). The reg...
Cryptocoins News / Finance Magnates - 1 year ago
Governments are increasingly concerned about how to tax cryptocurrencies, notably Bitcoin, as they grow in popularity and influence in the financial world. In the United States, the Internal Revenue Service (IRS) has issued instructions for reporting...
Cryptocoins News / Finance Magnates - 1 year ago
The United States Securities and Exchange Commission (SEC) has unveiled its 2024 examination priorities report. It has shaded light on the regulatory body's areas of concern for the upcoming year. Notably, the report places a strong emphasis on the c...
Cryptocoins News / Finance Magnates - 1 year ago
Tether, the world's largest stablecoin company, is intensifying its efforts to curb the illegal use of cryptocurrencies for funding terrorism and other criminal activities. The company has been actively cooperating with law enforcement agencies world...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong-based BC Technology Group Ltd. is considering the sale of its cryptocurrency platform, OSL, one of only two exchanges licensed under the city's digital-asset regulations introduced in June. Potential Buyers: OSL Eyed by BC TechnologyAnonymo...
Cryptocoins News / Finance Magnates - 1 year ago
Effective today (Monday), Binance will temporarily halt the registration of new users in the United Kingdom. This move is in response to the recent restrictions imposed by the Financial Conduct Authority (FCA), which prevented Binance's local partner...
Cryptocoins News / Finance Magnates - 1 year ago
The financial world has been keenly following regulatory developments in the United States with Bitcoin exchange-traded funds (ETFs). The Securities and Exchange Commission (SEC) recently faced a critical decision regarding the conversion of the Gray...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX has staked crypto assets worth $150 million in Solana's SOL and Ethereum (ETH). Blockchain addresses connected to the crypto exchange show that over 5.5 million SOL, valued at $122 million, and over 24,000 ET...
Cryptocoins News / Finance Magnates - 1 year ago
UPDATE: After the original story was published, BlackRock denied rumors, stating that the US regulatory commission did not grant permission for the creation of the first spot Bitcoin ETF.The much-anticipated approval of the iShares Bitcoin ETF may so...
Cryptocoins News / Finance Magnates - 1 year ago
Stablecoins, a type of cryptocurrency meant to keep its value stable by linking it to a reserve asset, have received a lot of interest and popularity in recent years. While stablecoins are frequently viewed as a tool for minimizing volatility in the...
Cryptocoins News / Finance Magnates - 1 year ago
The emergence of Non-Fungible Tokens (NFTs) has caused a seismic upheaval in the worlds of digital art and advertising technology (adtech). These one-of-a-kind digital assets based on blockchain technology have expanded the possibilities for producer...
Cryptocoins News / Finance Magnates - 1 year ago
Upbit, a South Korean cryptocurrency exchange, announced that its Singapore entity has received In-Principal Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This development paves the way for Upb...
