Cryptocoins News / Finance Magnates - 1 year ago
Cameron and Tyler Winklevoss, the Co-Founders of Gemini, are under scrutiny over an alleged secret withdrawal of $282 million from the now-bankrupt crypto lender, Genesis. This withdrawal occurred just months before the entire crypto firm collapsed,...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, one of the world's largest and most influential cryptocurrency exchanges, has found itself embroiled in a lawsuit with the U.S. Securities and Exchange Commission (SEC). This case has far-reaching consequences for the cryptocurrency sector,...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase International Exchange has achieved a notable milestone by obtaining regulatory approval from Bermuda's financial regulator. This approval will enable eligible non-U.S. retail customers to participate in perpetual futures trading. Coinbase's...
Cryptocoins News / Finance Magnates - 1 year ago
Terraform Labs' Founder, Do Kwon, has opposed attempts by the US Securities and Exchange Commission (SEC) to extradite him for questioning regarding the collapse of Terra LUNA and the stablecoin TerraUSD. Kwon's defiance became evident with a recent...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto.com, a Singapore-based cryptocurrency exchange, has joined forces with payment giant PayPal and blockchain infrastructure firm Paxos to establish itself as the preferred platform for trading in PayPal's USD-pegged stablecoin (PYUSD). PYUSD Lis...
Cryptocoins News / Finance Magnates - 1 year ago
After withdrawing support for GBP payments in May, Binance is now suspending EUR operations offered through Paysafe. Although the news of the exchange's suspension of its partnership with the payment company in Europe has been known for several month...
Cryptocoins News / Finance Magnates - 1 year ago
In a court filing on Wednesday (yesterday), the U.S. Department of Justice (DOJ) firmly opposed the renewed motion for temporary release filed by Sam Bankman-Fried, the Founder of the cryptocurrency exchange FTX, ahead of his upcoming trial. The moti...
Cryptocoins News / Finance Magnates - 1 year ago
Brian Armstrong, the CEO of Coinbase, one of the US' largest cryptocurrency exchanges, has criticized JPMorgan Chase UK's recent decision to prohibit its customers in the UK from engaging in crypto-related transactions. Armstrong expressed his discon...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Kraken plans to expand its services by venturing into the US-listed stocks and the exchange-traded funds (ETFs) sector. According to a report by Bloomberg, Kraken is preparing to introduce trading services for traditional...
Cryptocoins News / Finance Magnates - 1 year ago
The tension between the US House Financial Services Committee and the Securities and Exchange Commission (SEC) escalated today (Wednesday) after the Chair of the committee, Representative Patrick McHenry, suggested that he may use a subpoena against...
Cryptocoins News / Finance Magnates - 1 year ago
Following the implementation of the Consumer Duty rules in the United Kingdom, crypto providers in the country are now required to comply with a fresh set of regulations around promotions, the deadline for which is approaching. From 8th October, th...
Cryptocoins News / Finance Magnates - 1 year ago
The rapidly changing world of crypto investments has reshaped how investors think and how fundraisers navigate this market. In this article, I will share three proven strategies for raising capital from crypto hedge funds.I am Isaac Joshua, a fundrai...
Cryptocoins News / Finance Magnates - 1 year ago
Binance France is facing the expiration of its partnership with the banking provider Paysafe. It has suggested that its customers swiftly convert any fiat money held on the platform into cryptocurrencies. This recommendation came in light of the rece...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin, often known as digital gold, has acquired popularity as a speculative asset as well as a potential store of wealth and hedge against economic downturns. As speculation about an approaching recession grows, concerns about Bitcoin's resiliency...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategi...
Cryptocoins News / Finance Magnates - 1 year ago
A bipartisan group of lawmakers has called on the U.S. Securities and Exchange Commission (SEC) to cease its efforts to block the approval of Bitcoin exchange-traded funds (ETFs). The lawmakers argue that the SEC should adhere to court decisions and...
Cryptocoins News / Finance Magnates - 1 year ago
As a part of a broader crackdown on fraudulent crypto operations in the USA, one of the masterminds behind the AirBit Club has been sentenced to 12 years in prison. Pablo Renato Rodriguez, who has run a global crypto Ponzi scheme with his co-conspira...
Cryptocoins News / Finance Magnates - 1 year ago
In a continuous effort to uphold transparency within the cryptocurrency industry, OKX has released its eleventh straight monthly Proof of Reserves (PoR) report. The most recent disclosure reveals a significant holding of $11.2 billion, primarily in...
Cryptocoins News / Finance Magnates - 1 year ago
San Francisco-headquartered Kraken has cemented its European presence with an e-money institution (EMI) authorization from the Central Bank of Ireland and registration with the Bank of Spain as a virtual asset service provider (VASP).EU Registrations...
Cryptocoins News / Finance Magnates - 1 year ago
Another major retail bank in the United Kingdom has blocked cryptocurrency transactions. Following Santander and NatWest, it is now JPMorgan's British retail arm, Chase UK. Although the decision was officially made due to the increasing number of cry...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian financial market regulator has taken enforcement action against Bobbob Pty Ltd, a fintech company, for misleading representation of a crypto-asset-linked investment product.ASIC Fines BobbobAccording to the announcement today (Wednesda...
Cryptocoins News / Finance Magnates - 1 year ago
As the world of cryptocurrency continues to expand, Bitcoin remains the most well-known and extensively used digital currency. It has established itself as a valuable store of value and a potential inflation hedge. However, many fans and investors ar...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targ...
Cryptocoins News / Finance Magnates - 1 year ago
MoneyGram International, Inc. has announced plans to launch a non-custodial digital wallet. Scheduled for release in Q1 2024, this wallet aims to enhance cross-border payments. It offers consumers a bridge between fiat and digital currencies.This ann...
Cryptocoins News / Finance Magnates - 1 year ago
Taiwan's Financial Supervisory Commission (FSC) has introduced a set of stringent rules, effectively banning unregistered foreign cryptocurrency exchanges from operating within the country. This action occurs as part of Taiwan's commitment to enhanci...
