Cryptocoins News / Finance Magnates - 1 year ago
In recent years, cryptocurrency, a digital form of currency that runs independently of central banks, has received a lot of attention and appeal. While the impact of bitcoin on established economies is frequently addressed, the potential of cryptocur...
Cryptocoins News / Finance Magnates - 1 year ago
The rise of cryptocurrencies in recent years has resulted in the emergence of novel financial services that use the potential of digital assets. Crypto-backed loans, which allow individuals to unlock the value of their cryptocurrencies without having...
Cryptocoins News / Finance Magnates - 1 year ago
A bill that aims to regulate cryptocurrencies and stablecoins in the UK has been approved by King Charles III. Dubbed the Financial Services and Markets Act 2023, the new law classifies the trading of cryptocurrencies as a regulated activity and brin...
Cryptocoins News / Finance Magnates - 1 year ago
The Reserve Bank of New Zealand issued a statement today (Friday) to notify its intention to increase the monitoring of stablecoins and crypto assets. However, the central bank does not believe in bringing regulatory oversight to the industry. No Nee...
Cryptocoins News / Finance Magnates - 1 year ago
Fidelity has joined other US companies to resubmit its application for a Bitcoin spot exchange-traded fund (ETF) called Wise Origin Bitcoin Trust. The asset management giant officially filed its paperwork for the spot Bitcoin ETF with the Securities...
Cryptocoins News / Finance Magnates - 1 year ago
Chicago Mercantile Exchange (CME), one of the world’s largest derivatives marketplaces, plans to launch crypto Ether (ETH)/Bitcoin (BTC) ratio futures on July 31, 2023. This is even as Cboe BZX Exchange, one of four equities exchanges operated by Cbo...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase, a cryptocurrency exchange, has filed a response against the allegations from the Securities and Exchange Commission (SEC), saying the claims “lack all merit.” It also argued that even if the SEC’s assertion of regulatory power over its cryp...
Cryptocoins News / Finance Magnates - 1 year ago
After the United States declared open war on cryptocurrency exchange Binance, Europe is also proving to be an increasingly unfriendly territory for the digital asset market giant. Owned by Changpeng Zhao (CZ), the platform had hoped that Germany woul...
Cryptocoins News / Finance Magnates - 1 year ago
When the world's largest fund manager, BlackRock, decided to apply for the creation of a spot Bitcoin (BTC) exchange-traded fund (ETF) two weeks ago, nobody expected it to trigger a new fever in the cryptocurrency market.The BTC price reached new hig...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has announced that its euro banking partner, Paysafe Solutions, will stop supporting payments for the cryptocurrency exchange from September 25. The development follows concerns by the UK's financial regulator over Binance's use of the coun...
Cryptocoins News / Finance Magnates - 1 year ago
Uniswap, among the top decentralized exchanges (DEX) released the draft code for its latest version, Uniswap V4. The code has been released as the developers wish V4 to be built in public. Launched in 2018, Uniswap is one of the most known DEX for tr...
Cryptocoins News / Finance Magnates - 1 year ago
It wasn’t so long ago (earlier this month) that the US appeared to be following a path of outright hostility towards the crypto industry, seemingly keen to force out crypto-native enterprises even as several other regions around the world were openin...
Cryptocoins News / Finance Magnates - 1 year ago
Supply chain finance is essential for ensuring smooth transactions and cash movement amongst supply chain players. The traditional supply chain finance system, on the other hand, is frequently plagued by inefficiencies, a lack of transparency, and ex...
Cryptocoins News / Finance Magnates - 1 year ago
The Israeli government through a multi-agency collaboration has seized millions of dollars in cryptocurrency belonging to accounts allegedly linked to groups in Iran and Lebanon. According to the Associated Press, Israeli Defense Minister Yoav Gallan...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt digital asset exchange, FTX has kicked off initial discussions with potential investors as part of its efforts towards relaunching the cryptocurrency trading platform, Wall Street Journal reported on Wednesday, citing John J. Ray III, th...
Cryptocoins News / Finance Magnates - 1 year ago
Bitpanda Pro, a popular Austrian-based crypto exchange, announced today (Wednesday) a rebranding and the successful completion of a financing round amounting to EUR 30 million. According to customer information, the name has been changed to One Tradi...
Cryptocoins News / Finance Magnates - 1 year ago
Bitpanda Pro, a popular Austrian-based crypto exchange, announced today (Wednesday) a rebranding and the successful completion of a financing round amounting to EUR 30 million. However, according to the information sent to customers, all the entity's...
Cryptocoins News / Finance Magnates - 1 year ago
FTX has halted the sale of its stake in Anthropic, an artificial intelligence company, that is valued at $500 million. It is one of the largest investments by the bankrupt cryptocurrency exchange, besides an investment of $1.5 billion in Genesis Digi...
Cryptocoins News / Finance Magnates - 1 year ago
After obtaining licenses in Cyprus and Kazakhstan and having exited Canada, the cryptocurrency exchange Bybit continues its organizational redevelopment. Since announcing in April that it established its main global headquarters in Dubai, it has now...
Cryptocoins News / Finance Magnates - 1 year ago
Fidelity Investments, one of the largest mutual fund companies in the US, might be closer to filing an application for approval of their own spot Bitcoin (BTC) exchange-traded fund (ETF). Speculations, which first appeared almost two weeks ago, have...
Cryptocoins News / Finance Magnates - 1 year ago
The federal judge overseeing the case against the FTX Founder, Sam Bankman-Fried has now rejected all pre-trial motions filed by his legal teams to dismiss 10 of the 13 criminal charges against him. Judge Lewis Kaplan of the District Court in New Yor...
Cryptocoins News / Finance Magnates - 1 year ago
The European Union (EU) struck a deal to adopt changes today (on Tuesday) requiring tougher bank capital rules in line with standards agreed internationally in the aftermath of the global financial crisis in 2008. In January, EU lawmakers had prescri...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's bankruptcy team tasked with recovering customer funds released a new report yesterday (Monday) showing the collapsed cryptocurrency exchange has so far recovered $7 billion out of the $8.7 billion owed to customers.According to the report, th...
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian Bitcoin mining firm, Hut 8, has secured a $50 million credit facility from Coinbase Credit, a subsidiary of the US-based cryptocurrency exchange, Coinbase. The facility will be used for general corporate purposes and will be backed by bi...
Cryptocoins News / Finance Magnates - 1 year ago
HSBC, the largest bank in Hong Kong, has reportedly made Bitcoin and Ether-based exchange-traded funds (ETFs) listed on the Hong Kong Exchange (HKEX) available to its customers. The move, according to local journalist Colin Wu, is targeted at expand...
