Cryptocoins News / Finance Magnates - 1 year ago
Binance’s users in China traded more than USD $90 billion in a single month despite cryptocurrency trading being illegal in the country, the Wall Street Journal reported yesterday (Tuesday), citing the exchange's internal documents and former emplo...
Cryptocoins News / Finance Magnates - 1 year ago
Binance's founder and CEO, Changpeng Zhao, has considered shuttering the US affiliate of the crypto exchange earlier this year to protect the broader global operations, according to a report by The Information. However, Zhao's decision was blocked by...
Cryptocoins News / Finance Magnates - 1 year ago
While buzz grows around the Middle East and Hong Kong as emerging crypto hubs, do not overlook Europe. Specifically, France is making waves as a potential digital asset safe haven. Hex Trust just secured a license to offer digital asset custody and t...
Cryptocoins News / Finance Magnates - 1 year ago
The shares of companies in the cryptocurrency and blockchain technology sector dropped on Tuesday after the recent crypto exploit involving Curve Finance caused the price of Bitcoin to drop to a six-week low. The shares of the publicly listed crypt...
Cryptocoins News / Finance Magnates - 1 year ago
The latest financial report from CoinShares International Limited, a major European alternative asset manager specializing in digital assets, highlights the company's impressive performance in the second quarter of 2023. According to the report publi...
Cryptocoins News / Finance Magnates - 1 year ago
The World Federation of Exchanges (WFE) has asked the International Organization of Securities Commissions (IOSCO) to address the conflict of interest created by centralized finance (CeFi) firms such as crypto exchanges that engage in multiple busine...
Cryptocoins News / Finance Magnates - 1 year ago
Another popular company from the finance world has decided to build its presence in the United Arab Emirates (UAE), which is increasingly becoming a hub for cryptocurrency. Laser Digital Middle East FZE, a digital asset subsidiary of Nomura operating...
Cryptocoins News / Finance Magnates - 1 year ago
Binance Japan is planning to initially list 34 tokens, the most offerings among its rivals in Japan, after reopening its services in the country this month. The cryptocurrency exchange is also planning to offer its native token, BNB, for the first...
Cryptocoins News / Finance Magnates - 1 year ago
FTX filed a series of court documents yesterday (Monday) with the claims of the debtors and also proposed a plan for one class of claimants to relaunch the offshore cryptocurrency exchange operations with third-party investors. Claimants of FTX The c...
Cryptocoins News / Finance Magnates - 1 year ago
In its latest crackdown on crypto exchanges in the United States, the Securities and Exchange Commission (SEC) has charged Hex’s Founder, Richard Heart, also known as Richard Schueler, with raising over $1 billion through ‘unregistered offerings of c...
Cryptocoins News / Finance Magnates - 1 year ago
The amount of money lost through hacks and exploits in the cryptocurrency sector surged the highest year-to-date to USD $303 million in July. The security platform focusing on blockchain technology, Certik, released an update about the losses today...
Cryptocoins News / Finance Magnates - 1 year ago
Upbit, a South Korean cryptocurrency exchange, has temporarily suspended deposits and withdrawals of CRV, the governance token of Curve Finance, a decentralized exchange for stablecoins. The move comes as hackers over the weekend exploited a ‘re-entr...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse has grown as an enthralling and immersive digital universe, providing limitless opportunities for producers, investors, and art enthusiasts alike. Non-Fungible Tokens (NFTs), a unique type of digital asset that has transformed the art i...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Kraken has reportedly solved an issue with its funding gateway for Ethereum, which caused a delay in deposits and withdrawals. The exchange indicated on its status page that all of its systems were operational without giv...
Cryptocoins News / Finance Magnates - 1 year ago
Nigeria’s Securities and Exchange Commission (SEC) reiterated its warning against Binance, the largest crypto exchange in terms of trading volume, highlighting that the platform has been “soliciting Nigerian public to trade crypto assets.” Binance Is...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase has revealed that the Securities and Exchange Commission (SEC) had asked it to stop trading in all cryptocurrencies except Bitcoin before suing the crypto exchange. Thus, Coinbase was forced to act by going to court to avert possible damage...
Cryptocoins News / Finance Magnates - 1 year ago
When dark clouds gather over Binance in the USA and Europe, the sun begins to shine for the exchange in the Middle East. Binance FZE, the Dubai subsidiary of the crypto exchange, has been awarded an Operational Minimum Viable Product (MVP) license fr...
Cryptocoins News / Finance Magnates - 1 year ago
Days after the UK’s data regulator disclosed plans to inquire about Worldcoin, France’s privacy watchdog today (Friday) confirmed that it is investigating the project. Worldcoin, a project created by Sam Altman, the CEO of OpenAI, requires users to s...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto.com has been licensed in the Netherlands to provide cryptocurrency services; the exchange said in a statement today (Friday). The license was awarded by the Dutch central bank (DNB) after the company met the legal requirements to prevent money...
Cryptocoins News / Finance Magnates - 1 year ago
Innovation is continually redefining the way we organize, host, and experience events in the ever-changing realm of event technology. Event tech continues to alter the business, bringing new opportunities for organizers and attendees alike, from virt...
Cryptocoins News / Finance Magnates - 1 year ago
FTX and Genesis Global Capital have reached an agreement to resolve a dispute between the debtors of the now-bankrupt cryptocurrency companies. The agreement was disclosed in a letter that was filed by their lawyers in the US bankruptcy court for t...
Cryptocoins News / Finance Magnates - 1 year ago
Web3 wallets have become a crucial tool in the new era of the Internet, where decentralization, blockchain, and cryptocurrencies are at the forefront of innovation. A Web3 wallet, also known as a crypto wallet, is a digital wallet that enables users...
Cryptocoins News / Finance Magnates - 1 year ago
Israel is now looking into decentralised autonomous organisations (DAOs) in its latest effort to bring the digital assets industry under its watch. DAOs are blockchain-based organisations that operate based on rules coded into smart contracts. Uniswa...
Cryptocoins News / Finance Magnates - 1 year ago
The interest in Bitcoin and Ether futures among institutional investors increased in the second quarter as investors seek out products that enable them to mitigate risks and the impact of high market volatility.According to a report from the Chicag...
Cryptocoins News / Finance Magnates - 1 year ago
The judge presiding over the criminal charges against Sam Bankman-Fried has restricted him from communicating publicly on Wednesday. The judge is considering jailing him for allegations of witness tampering before the trial over the collapse of FTX...
