Cryptocoins News / Finance Magnates - 2 years ago
<p>The concept of central bank digital currencies (CBDCs) is gaining traction as the world shifts toward a digital economy. CBDCs are digital forms of fiat currency issued and backed by a central bank and intended for use as a medium of exchang...
Cryptocoins News / Finance Magnates - 2 years ago
<p>By now, everyone is aware of the collapse of Silicon Valley Bank, the panic that ensued as a result, and, going into a new week, the solution that has been struck upon.</p><p> As a brief overview, the failure of Silicon Valley Ba...
Cryptocoins News / Finance Magnates - 2 years ago
<p>By now, everyone is aware of the collapse of Silicon Valley Bank, the panic that ensued as a result, and, going into a new week, the solution that has been struck upon.</p><p> As a brief overview, the failure of Silicon Valley Ba...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Monetary Authority of Singapore (MAS) has said that the collapse of Silicon Valley Bank (SVB) and other two US-based banks has limited impact on startups in its ecosystem, including those with operations in the United States.</p>&l...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Signature Bank became the third US bank institution to collapse in the span of four days. Similar to the now-collapsed Silvergate Bank, it also had a large corporate customer base from the cryptocurrency industry. The other one, <a href=&...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The United States witnessed the largest bank collapse last weekend since the 2008 financial crisis. Silicon Vally Bank (SVB) has gone under the Federal Deposit Insurance Corporation (<a href="https://www.financemagnates.com/cryptocur...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Cryptocurrencies have transformed the financial world by enabling decentralized and secure transactions. However, as the popularity of cryptocurrencies grows, so does the demand for cryptocurrency insurance. In this article, we will look at...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Amid all the controversies, hype and contentious debates around Bitcoin, it’s sometimes forgotten what its key purpose was originally intended to be. Neither a vehicle for speculation nor a place to park your wealth if gold just won’t cut it...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Sending money across borders has long been an expensive and time-consuming process, with traditional methods, such as wire transfers and money orders, frequently taking days and incurring high fees. </p><p>On the other hand, the...
Cryptocoins News / Finance Magnates - 2 years ago
<p>New York State Attorney General Letitia James filed suit against KuCoin on Thursday, alleging that the cryptocurrency exchange has been operating in the state without registering as a securities and commodities broker-dealer. </p><p...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Cryptocurrencies like Bitcoin and Ethereum have made headlines in recent years due to their dramatic price fluctuations and potential to disrupt traditional financial systems. </p><p>The use of cryptocurrencies in e-commerce is a...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The new crypto <a href="https://www.financemagnates.com/terms/r/regulation/" class="terms__main-term" id="341d154e-1396-4d12-a357-4837e79c4146" target="_blank">regulations</a> in Hong Kong...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Hut 8 Mining Corp., one of North America's largest publicly-listed mining companies, recently announced its financial results for the year and quarter that ended 31 December 2022. Despite the challenging times that the digital asset min...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Silvergate Capital Corporation (Nasdaq: SI), the parent of the <a href="https://www.financemagnates.com/cryptocurrency/news/silvergate-bank-planning-to-offer-loans-against-crypto/" target="_blank" rel="follow"...
Cryptocoins News / Finance Magnates - 2 years ago
<p>For a long time, Japan has been perceived as a tech-oriented country, exporting a futuristic pop culture to the world, and those who visit can actually find the neon-lit megacities they’re looking for, operating cleanly twenty-four hours a d...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The rise of cryptocurrencies has heightened regulatory scrutiny around the world. The regulatory landscape of cryptocurrency is constantly changing, and it is critical for investors, traders, and businesses to stay on top of these changes. &...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Central Bank Digital Currencies (CBDCs) have gained popularity in recent years, with several central banks around the world considering the creation of their own digital currencies. </p><p>A CBDC is a digital currency issued and...
Cryptocoins News / Finance Magnates - 2 years ago
<p>According to CryptoCompare's latest report comparing <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" class="terms__main-term" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa" target=&...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Bitget, the <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" class="terms__main-term" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa" target="_blank">cryptocurrency exchange&l...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Financial Conduct Authority (<a href="https://www.financemagnates.com/tag/fca/" target="_blank" rel="follow">FCA</a>) has recently taken action against unregistered cryptocurrency automated telle...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Hut 8 Mining, one of North America’s largest digital asset miners, released its February production figures on Tuesday, reporting an 8% decline in BTC production. However, the company said it plans to sell the 156 BTC mined during the m...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Korea Customs Service in 2022 uncovered a total of 15 cases of illegal foreign exchange transactions purposed for virtual asset speculation. These transactions were worth 5.6 trillion won (approximately $4.3 billion), local media Yonhap...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Alameda Research, the cryptocurrency trading firm affiliated with bankrupt digital exchange FTX, has filed a lawsuit against crypto asset manager Grayscale, FTX said in a statement. The once-leading crypto exchange alongside other affiliated...
Cryptocoins News / Finance Magnates - 2 years ago
<p>In recent years, cryptocurrency exchanges have become a popular target for hackers, resulting in significant losses for both investors and exchanges. As a result of these threats, some exchanges have begun to offer insurance to protect their...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Canaan Inc. (<a href="https://www.financemagnates.com/tag/canaan/" target="_blank" rel="follow">NASDAQ:CAN</a>), a cryptocurrency mining hardware manufacturer, reported its quarterly numbers on Tuesd...
