Cryptocoins News / Finance Magnates - 1 year ago
NFL
quarterback Trevor Lawrence, along with popular YouTube influencers Kevin
Paffrath and Tom Nash, have reached a settlement in a lawsuit related to their
endorsements of the now-defunct FTX cryptocurrency exchange. High-Profile
Figures Face Simila...
Cryptocoins News / Finance Magnates - 1 year ago
Binance
P2P, a peer-to-peer trading platform, has introduced five new automated payment
methods, for cryptocurrency buyers and sellers across 15 fiat markets. With these
automated payment options, users can instantly receive their purchased assets,
s...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US,
the American offshoot of the global cryptocurrency exchange Binance, is struggling
with a series of unprecedented challenges that might have led to a significant
decline in trading activity. On
September 16, 2023, the trading volume on Bi...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong police has arrested a social media influencer, Joseph Lam Chok this morning (Monday) for his involvement with the cryptocurrency trading platform, JPEX, which is facing allegations of fraud, according to the South China Morning Post. JPEX S...
Cryptocoins News / Finance Magnates - 1 year ago
The ongoing
discussion over Bitcoin's energy use has captivated the world's attention.
Concerns about the flagship cryptocurrency's environmental impact have grown as
it has grown in popularity and value. Bitcoin's energy-intensive mining
process, cr...
Cryptocoins News / Finance Magnates - 1 year ago
In the volatile
realm of bitcoin, success is frequently characterized by factors other than
technological innovation. While revolutionary blockchain solutions receive a
lot of attention, the economic design of any cryptocurrency project is what
makes...
Cryptocoins News / Finance Magnates - 1 year ago
Traditional
financial institutions have warily embraced the realm of cryptocurrencies,
causing a seismic shift in the financial world. Previously viewed with
skepticism, if not outright hostility, digital assets like as Bitcoin,
Ethereum, and others...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency
exchange, Bybit has quashed reports suggesting its intention to exit the United
Kingdom ahead of the nation's new financial regulations set to take effect on
October 8, 2023. Earlier
this week, various media outlets circulated clai...
Cryptocoins News / Finance Magnates - 1 year ago
In
a significant development within the cryptocurrency sector, Roni Cohen-Pavon,
the former Chief Revenue Officer (CRO) of Celsius, has entered a guilty plea in
the United States District Court for the Southern District of New York. The
plea comes in...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US, the cryptocurrency exchange, witnesses the departure of two more high-ranking
executives. The Head of Legal, Krishna Juvvadi, and the Chief Risk Officer,
Sidney Majalya, have decided to part ways with the exchange.This latest shake-up
com...
Cryptocoins News / Finance Magnates - 1 year ago
In a dramatic turn of events, Genesis, the now-bankrupt
crypto lender, has brought its entire crypto trading venture to an abrupt halt.
The decision to cease all trading operations, including its international spot
and derivatives trading services, h...
Cryptocoins News / Finance Magnates - 1 year ago
Changpeng
'CZ' Zhao, the CEO of Binance, has identified a significant challenge in expanding
cryptocurrency adoption: the lack of accessible fiat ramps. CZ made this
observation during his appearance at Token2049, a cryptocurrency event held in
Singa...
Cryptocoins News / Finance Magnates - 1 year ago
FTX had emerged
as a significant participant, providing novel trading solutions as well as a
variety of digital assets. However, the unpredictable nature of the
cryptocurrency market raises the possibility of difficulties, such as
disagreements betwe...
Cryptocoins News / Finance Magnates - 1 year ago
Singapore’s financial market regulator has banned the two founders of the collapsed crypto-focused hedge fund, Three Arrows Capital (3AC), from operating in the city-state’s financial services industry.3AC Executives Banned in SingaporeAccording to t...
Cryptocoins News / Finance Magnates - 1 year ago
The exciting
environment of cryptocurrency offers profitable opportunities, but it also
hides hidden hazards. Among these threats, the frightening tendency of
"rug pulls" has emerged, causing crypto investors to lose faith. In this
in-depth post, we...
Cryptocoins News / Finance Magnates - 1 year ago
The
Securities and Exchange Commission (SEC) has announced that Stoner Cats 2 LLC
(SC2) is facing charges for conducting an unregistered offering of crypto asset
securities in the form of non-fungible tokens (NFTs). The tokens were sold to
raise fund...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Binance has announced the
appointment of Rachel Conlan as its Chief Marketing Officer (CMO). This
decision comes amid a series of executive appointments and management changes
at the company. Rachel Conlan, formerly the V...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant development, the U.S. Bankruptcy Court for
the District of Delaware has granted the crypto exchange, FTX permission to sell,
invest, and hedge its crypto holdings, valued at over $3.4 billion, to settle
outstanding debt. This ruling...
Cryptocoins News / Finance Magnates - 1 year ago
A prominent cryptocurrency exchange, Huobi has rebranded to HTX. This transformation signifies an important step as the
company marks ten years in the industry, bringing together Huobi's mission,
TRON token, and the essence of a crypto exchange.The...
Cryptocoins News / Finance Magnates - 1 year ago
Brian
Shroder, the CEO of Binance.US (the American arm of the cryptocurrency exchange Binance), has left his position and has been temporarily replaced by Norman
Reed, the Chief Legal Officer, as per a company spokesperson. This leadership
change com...
Cryptocoins News / Finance Magnates - 1 year ago
Karl
Sebastian Greenwood, one of the Co-Founders of OneCoin, a fraudulent
cryptocurrency scheme, has been sentenced to 20 years in prison for his role in
orchestrating this massive fraud. He has been ordered to pay approximately $300
million in forfe...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin
continues to pique the interest of both experienced and inexperienced
investors. Bitcoin Exchange-Traded Funds (ETFs) have emerged as an interesting
outlet for traders and investors alike amid the growing interest in
cryptocurrencies. This ar...
Cryptocoins News / Finance Magnates - 1 year ago
The US-based asset management firm, Franklin Templeton
entered the race to obtain approval for the first US exchange-traded fund (ETF)
that directly invests in Bitcoin. Franklin Templeton filed an application with
the US Securities and Exchange Commi...
Cryptocoins News / Finance Magnates - 1 year ago
In the wake of a devastating earthquake that rocked
Morocco on September 8, causing casualties in Marrakesh, Binance has pledged
USD $3 million in Binance Coin (BNB) to assist the victims of this disaster.Binance's initiative
involves issuing a serie...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US,
the U.S. arm of the global cryptocurrency exchange, has responded strongly to
the United States Securities and Exchange Commission (SEC) in an ongoing legal
dispute. The exchange's attorneys has filed sealed documents today on September 1...