Cryptocoins News / Finance Magnates - 2 years ago
The energy business is always evolving and looking for new methods to improve efficiency, save costs, and promote sustainability. Integration of blockchain technology in energy supply chains, notably in the construction of smart grids and microgrids,...
Cryptocoins News / Finance Magnates - 2 years ago
The rise of central bank digital currencies (CBDCs) is soon becoming one of the most significant financial developments. CBDCs are blockchain-based digital representations of a country's fiat currency that are backed by the central bank. As more gove...
Cryptocoins News / Finance Magnates - 2 years ago
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, has secured its position in the Canadian market by filing for pre-registration with the Ontario Securities Commission (OSC), a state regulator in the country. Once approved, Gemini wi...
Cryptocoins News / Finance Magnates - 2 years ago
In news that covers social media, trading and cryptocurrencies, Elon Musk’s Twitter has partnered with the popular eToro retail trading platform. This integration will allow Twitter users to view market charts through the social media app, via an alr...
Cryptocoins News / Finance Magnates - 2 years ago
StoneX Financial Inc., a subsidiary of StoneX Group, has expanded its cryptocurrency offerings to clients by providing access to the full suite of Coinbase Derivatives Exchange (CDE) contracts cleared by Nodal Clear. StoneX Enhances Retail Crypto Off...
Cryptocoins News / Finance Magnates - 2 years ago
Central Bank Digital Currencies (CBDCs) have received a lot of attention recently as a potential game changer in the world of finance. A CBDC is a digital representation of a country's fiat currency issued and supported by the central bank. While the...
Cryptocoins News / Finance Magnates - 2 years ago
eToro, a leading social trading and investing network, announced its partnership with Twitter to integrate real-time asset prices into the social media platform's $Cashtags feature. eToro told Finance Magnates that Twitter's owner Elon Musk was not d...
Cryptocoins News / Finance Magnates - 2 years ago
The once-collapsed FTX cryptocurrency exchange has recovered $7.3 billion in liquid digital assets and cash. Since January, this figure has increased by $800 million, according to a statement by the company's lawyer, Andy Dietderich who testified on...
Cryptocoins News / Finance Magnates - 2 years ago
Paxos, a cryptocurrency company known for issuing stablecoins and operating a crypto brokerage, is exiting the Canadian market entirely on June 2, the company confirmed in an official announcement. "Beginning June 2nd, you will no longer be able to...
Cryptocoins News / Finance Magnates - 2 years ago
A Delaware-based bankruptcy court has ordered Deltec International Group (DIG) to repay almost $53 million to Alameda Research, the crypto hedge fund linked to bankrupt cryptocurrency exchange, FTX. Alameda Gave $50M Loan in 2021The loan repayment is...
Cryptocoins News / Finance Magnates - 2 years ago
Tokenization and digital asset trading platforms have seen tremendous growth in recent years. These platforms have transformed the way people invest and trade assets, making it easier and more efficient than ever before. This article will look at the...
Cryptocoins News / Finance Magnates - 2 years ago
On Wednesday, the Cyprus Securities and Exchange Commission (CySEC) confirmed an extension on the suspension of FTX (EU) Ltd's authorization until the end of September 2023. FTX Europe's License Suspension The Cyprus Investment Firm (CIF) license was...
Cryptocoins News / Finance Magnates - 2 years ago
A New York-based former investment banker and registered broker, Rashawn Russell, was arrested on Monday for running a cryptocurrency investment fraud scheme. The US prosecutors brought fraud charges against him, carrying a maximum prison time of 20...
Cryptocoins News / Finance Magnates - 2 years ago
Bitfinex Securities El Salvador, a newly-established entity belonging to the cryptocurrency exchange Bitfinex, has emerged as the first licensed digital asset service provider (DASP) in El Salvador. The licensing comes three months after El Salvador...
Cryptocoins News / Finance Magnates - 2 years ago
Bitman Technologies, a Bitcoin (BTC) mining firm based in Beijing, China, has reportedly been fined $25 million yuan ( $3.6 million) by local tax authorities. Local news outlet Sina Finance reported on Tuesday that the fine was imposed by the Beijing...
Cryptocoins News / Finance Magnates - 2 years ago
Gate Group, the owner of the Gate.io crypto exchange trading brand, has confirmed to apply for regulatory approval with the Securities and Futures Commission (SFC) in Hong Kong. It is, thus, another cryptocurrency platform that wants to join the loca...
Cryptocoins News / Finance Magnates - 2 years ago
The impact that events on Twitter are able to have on crypto markets cannot be overstated, as was demonstrated by a sequence of events on the chaotic social media platform on Monday.The Elon EffectBack in October last year, when Elon Musk took over a...
Cryptocoins News / Finance Magnates - 2 years ago
Tyler and Cameron Winklevoss loaned $100 million to Gemini Trust Co. as their crypto exchange is facing setbacks from the broader market conditions, Bloomberg reported citing ‘two [unnamed] people familiar with the matter’.Winklevoss Twins Back Thei...
Cryptocoins News / Finance Magnates - 2 years ago
Hackers have stolen approximately 23% of digital assets stored in GDAC’s hot wallet, the South Korea-based cryptocurrency exchange said on Monday. Seunghwan Han, GDAC’s Chief Executive Officer, confirmed the attack in a statement published on the fir...
Cryptocoins News / Finance Magnates - 2 years ago
In recent years, cryptocurrency exchanges have grown in popularity, providing a place for users to buy, sell, and trade various cryptocurrencies. The global regulatory landscape of cryptocurrency exchanges, on the other hand, remains a challenge for...
Cryptocoins News / Finance Magnates - 2 years ago
The emergence of blockchain technology is driving a major transformation in the energy market. Blockchain technology has the potential to transform the way energy is created, distributed, and consumed. Decentralization and peer-to-peer trading are at...
Cryptocoins News / Finance Magnates - 2 years ago
Cryptocurrency companies are increasingly investing in lobbying to secure favorable legislation, with expenditures skyrocketing 922% in the past six years, according to a recent study by Money Mongers. The report reveals that crypto lobbying contribu...
Cryptocoins News / Finance Magnates - 2 years ago
During the Hong Kong Blockchain Week, Bitget, a crypto derivative and copy trading platform, unveiled its Bitget Web3 Fund with an initial investment of $100 million. The fund aims to invest in Web3-friendly venture capital firms and Web3 projects to...
Cryptocoins News / Finance Magnates - 2 years ago
The US arm of the global cryptocurrency exchange Binance is struggling to find a banking partner after the collapse of Signature Bank and Silvergate Bank, The Wall Street Journal reported. Banking Woes for Binance USWhile searching for a key banking...
Cryptocoins News / Finance Magnates - 2 years ago
Positive momentum is building up for the upcoming upgrade to Ethereum, a decentralized blockchain with smart contract functionality, a survey by OKX, a Seychelles-based cryptocurrency exchange, has identified. The two-part Shanghai-Capella event, whi...
