Cryptocoins News / Finance Magnates - 1 year ago
In 2022, as part of investment crimes in the United Kingdom, investors lost a staggering £750 million. Scammers often used phones in their activities and cold-called their potential victims, encouraging them to trade. The UK Treasury has just publish...
Cryptocoins News / Finance Magnates - 1 year ago
In the ever-changing cryptocurrency landscape, innovation is constant. Stablecoins stand out as a unique and exciting notion among the other innovations that have developed. While traditional cryptocurrencies such as Bitcoin and Ethereum are notoriou...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant move to expand the scope of virtual asset services in the Emirate of Dubai, the Virtual Asset Regulatory Authority (VARA) has published a revised Custody Services Rulebook. The updated regulations permit staking from custody services...
Cryptocoins News / Finance Magnates - 1 year ago
Amid the changing landscape of cryptocurrency regulations in the US, Bitstamp, one of the industry's oldest digital asset exchanges, is making a significant move by discontinuing its Ethereum (ETH) staking services for customers based in the US. Th...
Cryptocoins News / Finance Magnates - 1 year ago
B2C2, a London-based crypto liquidity provider, has paved its way toward Europe by acquiring the French market-making firm, Woorton. Announced today (Thursday), the acquisition will allow B2C2 to operate in the European Union with Woorton’s PSAN (pre...
Cryptocoins News / Finance Magnates - 1 year ago
Roman Semenov and Roman Storm, the Founders of Tornado Cash, a cryptocurrency mixer, have been charged with assisting criminals, including hackers linked to the North Korea-linked Lazarus Group, to launder over $1 billion in illicit funds. Storm was...
Cryptocoins News / Finance Magnates - 1 year ago
The Federal Bureau of Investigation (FBI) has traced over $40 million in stolen Bitcoin (BTC) funds this week to Lazarus Group, a hacking group linked to the North Korean government. The group, which uses malicious applications to target cryptocurre...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin is the pioneer and poster child in the fascinating world of cryptocurrencies. Bitcoin, in addition to being a digital money, runs on a revolutionary premise known as blockchain technology—a decentralized, transparent record system. This syste...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Binance has rolled out its Binance Pay service to the vibrant Brazilian crypto market. This initiative aims to provide Brazilian users with a cryptocurrency payment option that transcends the boundaries of the traditional...
Cryptocoins News / Finance Magnates - 1 year ago
After more than two years since the launch of an investigation into a $290 million cryptocurrency crime, Israeli police recommended charging the leading figure behind defrauding thousands of investors. Moshe Hogeg has been accused of theft, money lau...
Cryptocoins News / Finance Magnates - 1 year ago
Worldcoin, an innovative project with a vision of establishing a global identity and financial network, aims to revolutionize the way we perceive digital identity and currency. Founded on the ambitious goal of granting majority ownership of this netw...
Cryptocoins News / Finance Magnates - 1 year ago
Difficult macroeconomic conditions and a prolonged bear market in the cryptocurrency industry have affected another digital asset exchange, which announced a reduction in staff. Following similar moves by KuCoin, Luno, and Gemini, the Indian exchange...
Cryptocoins News / Finance Magnates - 1 year ago
The US arm of Binance, Binance.US, has partnered with the payments firm, MoonPay for on-ramp fiat payments services on the crypto exchange. The users of the exchange will be able to purchase stablecoin USDT using USD. New Payments Provider of Binance...
Cryptocoins News / Finance Magnates - 1 year ago
Binance aided peer-to-peer (P2P) crypto transfers among Russians using at least five banks sanctioned by Western governments after Russia launched a full-scale invasion of Ukraine last year, the Wall Street Journal reported today (Tuesday). Citing th...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the Founder of the FTX who was jailed earlier in the month, has pleaded not guilty to allegations of fraud and money laundering contained in an updated indictment unveiled by US prosecutors, according to media reports. On Tuesday,...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin is a pioneer and a sensation in the volatile cryptocurrency scene, capturing the interest of investors, enthusiasts, and financial professionals alike. While the notion of Bitcoin and its ecosystem is exciting, there is one event that has pla...
Cryptocoins News / Finance Magnates - 1 year ago
Just when it seems that Binance, embroiled in regulatory issues, takes a small step forward, it faces a setback from another jurisdiction, complicating its decentralized operations worldwide. According to recent reports, the exchange allegedly grappl...
Cryptocoins News / Finance Magnates - 1 year ago
Zondacrypto, a cryptocurrency startup registered in Estonia, has continued expanding in Europe with the latest over-the-counter (OTC) license in Switzerland. Announced yesterday (Monday), the company highlighted that it is “one of the most prestigiou...
Cryptocoins News / Finance Magnates - 1 year ago
After Binance secured an operational license for cryptocurrency services in Dubai at the previous month's end, another digital asset sector company announced its own license acquisition. Komainu, a custody service provider for Bitcoin (BTC) and altco...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase (NASDAQ: COIN), the top crypto exchange in the United States, has taken an unknown amount of equity stake in stablecoin issuer Circle Internet Financial. Further, the two companies will shutter the jointly managed Centre Consortium, the self...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase (NASDAQ: COIN), the top crypto exchange in the United States, has acquired an unknown amount of equity stake in stablecoin issuer Circle Internet Financial. Further, the two companies will shutter the jointly managed Centre Consortium, the s...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in Thailand are taking a tough stance against the rampant menace of cryptocurrency scams and fraudulent ads on Facebook and are seeking to bring a court-issued shutdown order against the social media giant if it fails to curb these il...
Cryptocoins News / Finance Magnates - 1 year ago
In a surprising turn of events, Terra, the renowned blockchain that collapsed in May last year, has found itself in the midst of a security crisis. The platform's website fell victim to a sophisticated phishing attack that has left users vulnerable t...
Cryptocoins News / Finance Magnates - 1 year ago
Bankrupt crypto exchange, FTX, and its debtors have suggested reducing the maximum settled value in their proposed settlement with insolvent digital asset lender, Genesis, from $10 million to $7 million. The change followed opposition by the US Trust...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt crypto exchange, FTX, and its debtors have suggested reducing the maximum settled value for "small estate claims" from $10 million to $7 million. The reviewed figures followed opposition from the US Trustee to the settlement proposal pre...
