Cryptocoins News / Finance Magnates - 10 months ago
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...
Cryptocoins News / Finance Magnates - 10 months ago
With six months remaining before the European MiCA Regulationās provisions on crypto-asset services take effect, the AutoritĆ© des MarchĆ©s Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provide...
Cryptocoins News / Finance Magnates - 10 months ago
Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited ārecent regulatory developmentsā in the...
Cryptocoins News / Finance Magnates - 10 months ago
Do Kwon, the co-founder of the bankrupt Terraform Labs, will be extradited to South Korea, a Montenegro appeals court ordered yesterday (Thursday), rejecting the United Statesā bid. However, it remains unclear when he will be sent to his home country...
Cryptocoins News / Finance Magnates - 10 months ago
CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the acquisition of its first Bitcoin mining site in Wyo...
Cryptocoins News / Finance Magnates - 10 months ago
Futu Securities International, an online broker in Hong Kong, has introduced retail cryptocurrency trading in the city. The company now allows Hong Kong residents to trade bitcoin and ether directly on its platform using either Hong Kong or US dollar...
Cryptocoins News / Finance Magnates - 10 months ago
The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that...
Cryptocoins News / Finance Magnates - 10 months ago
Terra blockchain briefly halted operations on Wednesday before restarting it, following a $4 million exploit, Coindesk reported. This abrupt interruption resulted from a reentrancy attack that exploited a known vulnerability, leading to the theft of...
Cryptocoins News / Finance Magnates - 10 months ago
The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited āthree people with knowledge of the matter.ā...
Cryptocoins News / Finance Magnates - 10 months ago
The US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) charged Nader Al-Naji, the founder of the crypto social media platform BitClout, with wire fraud and the sale of unregistered securities. He was arrested last Saturday an...
Cryptocoins News / Finance Magnates - 10 months ago
When spot BTC ETFs went live in the US back in January, it wasnāt yet clear how they would perform, but there was a sense that their launch was an occurrence thatāif not exactly inevitableāhad been likely to occur at some point. In the case, though,...
Cryptocoins News / Finance Magnates - 10 months ago
Bitcoin miner Argo Blockchain, listed on both Wall Street and the London Stock Exchange (LSE), has announced a Ā£6.5 million private placement agreement with an institutional investor. The deal involves the issuance of 57,800,000 ordinary shares at Ā£...
Cryptocoins News / Finance Magnates - 10 months ago
In the second quarter of 2024, Bitget Wallet experienced a significant 34% increase in new user adoption in Japan. Data from data.ai reveals that Bitget Wallet is now the second most downloaded Web3 wallet in Japan, just behind MetaMask.BWB Token Boo...
Cryptocoins News / Finance Magnates - 10 months ago
The cryptocurrency exchange OKX has launched pre-market futures, which allow users to trade futures contracts with two-times leverage for upcoming tokens before they are sold to the public. Participating in Upcoming Token LaunchesAccording to the com...
Cryptocoins News / Finance Magnates - 10 months ago
HIVE Digital Technologies Ltd., the Bitcoin miner from Wall Street (Nasdaq: HIVE) announced plans to construct a 100-megawatt BTC mining operation in Paraguay, aiming to double its revenue and significantly boost its hashrate capacity.Wall Street Bit...
Cryptocoins News / Finance Magnates - 10 months ago
WazirX, the Indian cryptocurrency exchange that suffered a loss of $230 million in a cyberattack, has devised a controversial recovery plan that would impact all the platform's users, even those who were not affected by the attack. The platform did n...
Cryptocoins News / Finance Magnates - 10 months ago
Donald Trump, the 45th President of the United States and Republican nominee for the 2024 presidential election, attended the widely anticipated largest Bitcoin event, the Bitcoin 2024 Conference, today (Saturday). In a lengthy speech in Nashville, T...
Cryptocoins News / Finance Magnates - 10 months ago
Donald Trump, the 45th President of the United States and Republican nominee for the 2024 presidential election, attended the widely anticipated largest Bitcoin event, the Bitcoin 2024 Conference, today (Saturday). In a lengthy speech in Nashville, T...
Cryptocoins News / Finance Magnates - 10 months ago
bitFlyer Holdings Inc, a cryptocurrency exchange in Japan, has announced it has completed the acquisition of 100% of FTX Japanās outstanding shares, making it its wholly-owned subsidiary. This subsidiary will be rebranded under the bitFlyer name by A...
Cryptocoins News / Finance Magnates - 10 months ago
The Swiss Financial Market Supervisory Authority (FINMA) has today (Friday) released new guidance regarding the issuance of stablecoins. This document addresses default guarantees, associated risks, and FINMA's approach to regulating stablecoins. It...
Cryptocoins News / Finance Magnates - 10 months ago
The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return ā100 percentā of the distressed clientsā claims. However, it will calculate the value of the claims based on the date of the...
Cryptocoins News / Finance Magnates - 10 months ago
The emergence of a new asset is a once-in-a-life-lifetime opportunity for investors. After the first meltdown, crypto is hot again. TradFi has big plans for it.The unexpectedly swift approval of Ethereum ETFs by the SEC, marks a new wave of instituti...
Cryptocoins News / Finance Magnates - 10 months ago
The Nasdaq-listed Bitcoin mining company Marathon Digital has purchased $100 million worth of Bitcoin and announced that it will adopt a new strategy of holding the digital asset. This step brings the company's total holdings to 20,000 BTC.āHODLā App...
Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency investors are constantly on the lookout for the next big opportunity. While Bitcoin and Ethereum often dominate the headlines, other digital assets have garnered significant attention and support. Among these are Dogecoin, Toncoin, and...
Cryptocoins News / Finance Magnates - 10 months ago
Riot Platforms (NASDAQ: RIOT), the third largest Bitcoin mining company by market capitalization, announced this week its acquisition of Kentucky-based Block Mining for $92.5 million. The deal immediately boosts Riot's hash rate and expands its geogr...
