Cryptocoins News / Finance Magnates - 1 year ago
Nexo is ending some of its crypto services for clients in the United Kingdom. This is in response to the upcoming regulatory changes imposed by the Financial Conduct Authority (FCA).According to a report by Coindesk, the crypto platform will phase ou...
Cryptocoins News / Finance Magnates - 1 year ago
Mining for cryptocurrency has always been an important part of the digital currency ecosystem. However, the method we mine cryptocurrencies has changed dramatically, with cloud mining emerging as a game changer. This essay will provide you a thorou...
Cryptocoins News / Finance Magnates - 1 year ago
Pascal Gauthier, the CEO and Chair of Ledger, has announced a significant staff reduction of 12%. The decision to cut positions was attributed to the challenging macroeconomic environment, particularly the impact of the bear market in 2022 as wel...
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian Securities Administrators (CSA) has clarified its stance on regulating stablecoins. The regulator said that this move aims to establish a balance between investor protection and promoting innovation within the Canadian crypto market....
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian Securities Administrators (CSA) has clarified its stance on regulating stablecoins. The regulator said that this move aims to establish a balance between investor protection and promoting innovation within the Canadian crypto market....
Cryptocoins News / Finance Magnates - 1 year ago
The US-based cryptocurrency exchange Kraken has announced its plans to acquire Coin Meester B.V. (BCM), a crypto broker based in the Netherlands. This acquisition is part of its recent steps to strengthen its presence in Europe. Founded in 2017,...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Justice (DOJ) listed two private jets among the assets that could be seized in recovering money linked to the collapse of Bankman-Fried's cryptocurrency exchange, FTX. Bankman-Fried is currently on trial in New York for fraud and...
Cryptocoins News / Finance Magnates - 1 year ago
More than nine months after regulatory turmoil in the United States undermined the future of Binance's stablecoin, the exchange has decided to withdraw from its lending completely. According to an official statement released this week, Binance USD (B...
Cryptocoins News / Finance Magnates - 1 year ago
Several Dutch cryptocurrency companies, including Bitvavo and Coinmerce (the successor to Binance in the Netherlands), have won a partial victory in their ongoing battle against approximately $2.3 million in fees imposed by Dutch regulators.Legal Vic...
Cryptocoins News / Finance Magnates - 1 year ago
Investor globally moves to cryptocurrencies to prioritize enhancing their living standards and overall quality of life, the recent Bitget's report unveiled. For instance, 46% of South Korean investors aim to improve their living conditions, while 36%...
Cryptocoins News / Finance Magnates - 1 year ago
Argo Blockchain is joining the list of publicly traded cryptocurrency miners whose production increased in September. One of the main players in the crypto mining sector mined 136 Bitcoin or Bitcoin Equivalents (BTC) last month, averaging 4.5 BTC per...
Cryptocoins News / Finance Magnates - 1 year ago
The Bitcoin mining sector has been experiencing a surge of activity recently. Companies such as Marathon Digital, Riot Platforms, and CleanSpark have reported substantial increases in Bitcoin production for the month of September. Bitcoin Mining Sect...
Cryptocoins News / Finance Magnates - 1 year ago
On the second day of Sam Bankman-Fried's trial, the US Department of Justice (DOJ) claimed that his crypto business had problems from the beginning. The Assistant US Attorney Nathan Rehn described him as someone who deceived customers and used their...
Cryptocoins News / Finance Magnates - 1 year ago
Judge Lewis Kaplan, the presiding judge in Sam Bankman-Fried’s case, has unveiled a panel of 12 jurors and six alternates who will be sworn in, marking the beginning of a trial that has garnered significant attention.The jury, made up of diverse indi...
Cryptocoins News / Finance Magnates - 1 year ago
A significant sum of $4.1 billion in FTT tokens was transferred between FTX and Alameda Research before the crypto exchange collapsed. As the former CEO of FTX, Sam Bankman-Fried faces charges connected to the exchange's downfall, a recent report has...
Cryptocoins News / Finance Magnates - 1 year ago
According to the acclaimed author Michael Lewis in his biography "Going Infinite", Sam Bankman-Fried's (SBF) initial foray into crypto trading was marked by huge losses, with his hedge fund losing over half a million dollars daily.In 2017, SBF secure...
Cryptocoins News / Finance Magnates - 1 year ago
Traditional financial institutions are increasingly interested in giving clients with exposure to digital assets, as cryptocurrency investing choices continue to expand. Grayscale Investments, a well-known cryptocurrency firm, recently made headlines...
Cryptocoins News / Finance Magnates - 1 year ago
To boost efforts against illegal activities in the realm of Virtual Asset Trading Platforms (VATPs), the Securities and Futures Commission (SFC) has established a dedicated working group in collaboration with the Hong Kong Police Force (HKPF).A Joint...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency mining, particularly Bitcoin mining, has long piqued the interest and investment of many. Individuals and corporations have been pulled into the field of crypto mining by the appeal of earning digital currencies by authenticating trans...
Cryptocoins News / Finance Magnates - 1 year ago
The United States District Court for the Southern District of New York is advancing in the sentencing process for key individuals involved in the notorious cryptocurrency Ponzi scheme known as AirBit Club.Sentencing of AirBit Club Defendants Announce...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin Cash (BCH) has emerged as a key rival in the ever-changing cryptocurrency scene. However, what exactly is Bitcoin Cash, and how does it work? This article will cast light on the essential characteristics of BCH, assisting you in understanding...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency world is not without its pitfalls. While only a small fraction of crypto transactions are linked to illicit activities, the impact on individual investors can be devastating. A new study by Coin Kickoff sheds light on the most comm...
Cryptocoins News / Finance Magnates - 1 year ago
In the legal battle between the US Securities and Exchange Commission (SEC) and Ripple, a federal judge has rejected the SEC's attempt to appeal its earlier loss against the crypto company associated with the XRP token. The decision was handed down b...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple, a San Fransisco-based blockchain company, has cemented its position in Southeast Asia by securing a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS).Ripple Gains a New License in SingaporeAnnounced today...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has partnered with Thai law enforcement agencies to take down criminal networks responsible for orchestrating significant cryptocurrency scams. This collaboration has resulted in the arrest of key individuals behind these scams and the seizur...
