Cryptocoins News / Finance Magnates - 1 year ago
The metaverse concept has enthralled the technology industry, promising a new era of digital experiences and interactions. As this virtual environment emerges, it collides with the realm of augmented reality (AR), blurring the distinction between the...
Cryptocoins News / Finance Magnates - 1 year ago
A former top executive of a subsidiary of FTX is reportedly in talks with federal prosecutors to plead guilty to charges related to the collapsed cryptocurrency exchange. He has become the latest former executive to exit from FTX, Sam Bankman-Fried...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has obtained two licenses in El Salvador from the country’s central bank and the commission in charge of digital assets. The acquisition of the additional licenses brings the total number of countries acknowledging the cryptocurrency exchange...
Cryptocoins News / Finance Magnates - 1 year ago
One of the oldest cryptocurrency exchanges, Bitstamp, plans to rebuild its image and retain its previous position as it seeks new investors. The information was confirmed by its CEO, Jean-Baptiste Graftieaux who revealed that the funds would be used...
Cryptocoins News / Finance Magnates - 1 year ago
The number of cryptocurrency companies licensed by Singaporean authorities has just significantly increased. This surge is attributed to TerraPay, a payment service provider, and Blockchain.com, a platform that allows for the exchange of digital asse...
Cryptocoins News / Finance Magnates - 1 year ago
The global financial technology firm, PayPal, has launched a US dollar-denominated stablecoin. The new offering, expected in the coming weeks, was launched in collaboration with stablecoin issuer Paxos Trust Company.According to the company’s state...
Cryptocoins News / Finance Magnates - 1 year ago
The global financial technology firm, PayPal has launched a US dollar-denominated stablecoin. The new offering, expected in the coming weeks, was launched in collaboration with the stablecoin issuer, Paxos Trust Company.According to the company’s s...
Cryptocoins News / Finance Magnates - 1 year ago
The hackers who exploited Curve Finance have returned 73% of the tokens stolen from the decentralized finance (DeFi) platform. So far, the amount of tokens returned is estimated at USD $53 million, according to a report by a blockchain data analytics...
Cryptocoins News / Finance Magnates - 1 year ago
More than two months ago, cryptocurrency regulations in Hong Kong loosened considerably, allowing retail traders back into the market. However, as it turns out, the Securities and Futures Commission (SFC) has recently identified increased improper ac...
Cryptocoins News / Finance Magnates - 1 year ago
In the watchdog series, we provide our readers with direct insights from the regulators that shape the retail trading industry. After an in-depth interview with the Chair of CySEC (who spoke about investors' responsibility and AI integration), and an...
Cryptocoins News / Finance Magnates - 1 year ago
Rumors can act as a dangerous weapon, triggering panic and leading to capital flight. The cryptocurrency exchange, Huobi learned this the hard way, losing $500 million due to gossip that its leadership had been arrested in China and that the platform...
Cryptocoins News / Finance Magnates - 1 year ago
The world of sports has undergone a remarkable transition as a result of the growing influence of cryptocurrency. As digital assets gain traction in the financial sector, their impact on the sporting domain cannot be overlooked. Cryptocurrencies are...
Cryptocoins News / Finance Magnates - 1 year ago
X platform, formerly known as Twitter, is reportedly searching for a financial data partner to create a trading hub within the social media platform. X has reportedly sent requests for bids for the proposed project. According to a report by the media...
Cryptocoins News / Finance Magnates - 1 year ago
Revolut, a London-based neobank, plans to wrap up its crypto trading offering to users in the United States by October 3, CoinDesk reported today (Friday). Users have until September 2 to purchase digital assets on the platform, and another one month...
Cryptocoins News / Finance Magnates - 1 year ago
With the development of the metaverse, the financial sector has witnessed a game-changing technological upheaval. This virtual universe, which is the result of a collaboration between blockchain technology, decentralized finance (DeFi), and cryptocur...
Cryptocoins News / Finance Magnates - 1 year ago
The US-based cryptocurrency exchange, Coinbase reduced its net loss to USD $97 million in the second quarter from USD $1.1 billion in the same period of last year. However, the company's net revenue declined 17% year-over-year to USD $663 million d...
Cryptocoins News / Finance Magnates - 1 year ago
The Bank of Russia yesterday (Thursday) revealed further details on its central bank digital currency (CBDC), including the symbol of the digital ruble and the commission structure. Fees on Digital Ruble Transactions The central bank will not charge...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase plans to file a petition seeking the dismissal of a lawsuit brought by the Securities and Exchange Commission (SEC). The cryptocurrency exchange is planning to argue in court that it did not list the securities on its platform and that the S...
Cryptocoins News / Finance Magnates - 1 year ago
Kenya’s interior and information ministries in a joint statement addressed to the country’s National Assembly said the data controller registration certificate issued to Worldcoin on April 18, 2023, is not a valid license for the project to operate i...
Cryptocoins News / Finance Magnates - 1 year ago
A New York resident accused of being behind the 2016 hack that led to a loss of Bitcoins worth USD $4.5 billion on Bitfinex pleaded guilty today (Thursday). Ilya Lichtenstein also pleaded guilty to laundering the stolen Bitcoins in a federal court in...
Cryptocoins News / Finance Magnates - 1 year ago
A New York resident accused of being behind the 2016 hack that led to a loss of Bitcoins worth USD $4.5 billion on Bitfinex pleaded guilty today (Thursday). Ilya Lichtenstein also pleaded guilty to laundering the stolen Bitcoins in a federal court in...
Cryptocoins News / Finance Magnates - 1 year ago
The total volumes generated from spot and derivatives trading activities on centralized exchanges (CEXs) slumped by 12% to $2.36 trillion in July, hitting the lowest monthly trading volume recorded this year, so far. The figures are based on the late...
Cryptocoins News / Finance Magnates - 1 year ago
FTX wants its subsidiary based in Dubai excluded from its ongoing bankruptcy proceedings in the US. According to a court document filed today (Thursday), the bankrupt cryptocurrency exchange argued that this step would allow for a timely distribution...
Cryptocoins News / Finance Magnates - 1 year ago
Once incredibly popular in the contract for difference (CFD) market, copy trading solutions are now also captivating the hearts of cryptocurrency users. Copy and social trading are increasingly employed by investors in the digital asset landscape, as...
Cryptocoins News / Finance Magnates - 1 year ago
More than two months ago, Hong Kong legalized cryptocurrencies, again offering retail traders access to the digital assets market. Until now, however, none of the companies have obtained all the necessary permits to actually conduct retail operations...
