Cryptocoins News / Finance Magnates - 1 year ago
A prominent cryptocurrency exchange, Huobi has rebranded to HTX. This transformation signifies an important step as the company marks ten years in the industry, bringing together Huobi's mission, TRON token, and the essence of a crypto exchange.The...
Cryptocoins News / Finance Magnates - 1 year ago
Brian Shroder, the CEO of Binance.US (the American arm of the cryptocurrency exchange Binance), has left his position and has been temporarily replaced by Norman Reed, the Chief Legal Officer, as per a company spokesperson. This leadership change com...
Cryptocoins News / Finance Magnates - 1 year ago
Karl Sebastian Greenwood, one of the Co-Founders of OneCoin, a fraudulent cryptocurrency scheme, has been sentenced to 20 years in prison for his role in orchestrating this massive fraud. He has been ordered to pay approximately $300 million in forfe...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin continues to pique the interest of both experienced and inexperienced investors. Bitcoin Exchange-Traded Funds (ETFs) have emerged as an interesting outlet for traders and investors alike amid the growing interest in cryptocurrencies. This ar...
Cryptocoins News / Finance Magnates - 1 year ago
The US-based asset management firm, Franklin Templeton entered the race to obtain approval for the first US exchange-traded fund (ETF) that directly invests in Bitcoin. Franklin Templeton filed an application with the US Securities and Exchange Commi...
Cryptocoins News / Finance Magnates - 1 year ago
In the wake of a devastating earthquake that rocked Morocco on September 8, causing casualties in Marrakesh, Binance has pledged USD $3 million in Binance Coin (BNB) to assist the victims of this disaster.Binance's initiative involves issuing a serie...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US, the U.S. arm of the global cryptocurrency exchange, has responded strongly to the United States Securities and Exchange Commission (SEC) in an ongoing legal dispute. The exchange's attorneys has filed sealed documents today on September 1...
Cryptocoins News / Finance Magnates - 1 year ago
The bitcoin community has been anticipating the debut of a spot-based Bitcoin Exchange-Traded Fund (ETF). For years, investors have been anticipating the advent of such a financial product, which would allow them to acquire exposure to Bitcoin's pric...
Cryptocoins News / Finance Magnates - 1 year ago
The ongoing legal struggle between the Securities and Exchange Commission (SEC) of the United States and Ripple, the blockchain-based payment network, has piqued the interest of the cryptocurrency and financial services industries. This drawn-out leg...
Cryptocoins News / Finance Magnates - 1 year ago
The field of decentralized finance, or DeFi, has been a hotspot of innovation and opportunity, promising users decentralized, trustless financial services. However, recent legal actions by the Commodity Futures Trading Commission (CFTC) in the United...
Cryptocoins News / Finance Magnates - 1 year ago
In a candid revelation, Ethereum's Co-Founder Vitalik Buterin disclosed that the recent hack of his Twitter account, known as X, was the result of a SIM-swap attack. Speaking on the decentralized social media platform, Farcaster on September 12, Bute...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission (CySEC) confirmed yesterday (Monday) the deletion of Binance Cyprus Ltd from the Register of Service Providers of Crypto-assets as the company did not provide any services under the Cyprot license for mor...
Cryptocoins News / Finance Magnates - 1 year ago
After launching two funds in April aimed at supporting the development of Web3 and decentralized applications (DApps) with a total value of $300 million, the cryptocurrency exchange, Bitget has introduced another fund called EmpowerX with a capital b...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange platform, Luno will temporarily halt certain clients in the UK from making cryptocurrency investments, effective from October 6. This suspension comes just two days ahead of the UK Financial Conduct Authority's (FCA) new c...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant development involving Celsius, Steve Kokinos, the former CEO of Algorand, is poised to take the reins of the crypto lender in the aftermath of its bankruptcy. This development was disclosed in a filing made on Friday before the US Ba...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX has unveiled assets worth USD $7 billion and billions of dollars in payments made to senior executives, including its Founder, Sam Bankman-Fried. FTX’s financial disclosure, made in a court filing on Monday,...
Cryptocoins News / Finance Magnates - 1 year ago
India is currently in the process of creating a regulatory framework for cryptocurrencies. It is based on recommendations from two significant international organizations, the International Monetary Fund (IMF) and the Financial Stability Board (FSB)....
Cryptocoins News / Finance Magnates - 1 year ago
JPMorgan Chase, one of the largest banks in the United States, is in the early stages of exploring the use of blockchain technology to create a digital deposit token. The token would represent a digital version of deposits that customers hold in thei...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have emerged as a transformational force in the financial world, changing the way we think about money and investing. However, the rapid emergence of cryptocurrencies has necessitated the establishment of precise taxation laws. Gover...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase (Nasdaq: COIN) is limiting its services in India with supposed full or partial termination of its services. The exchange has already suspended new signups for Indian users, redirecting them to download Coinbase Wallet, a self-custody crypto...
Cryptocoins News / Finance Magnates - 1 year ago
FTX is trying to recover the millions of dollars paid to celebrity athletes and sports teams who endorsed the now-bankrupt cryptocurrency exchange before its collapse. It is also reclaiming the investments it made in other companies, including crypto...
Cryptocoins News / Finance Magnates - 1 year ago
In a strategic step to strengthen its operations in blockchain and crypto payments solutions, Ripple has announced its acquisition of Fortress Trust, a subsidiary of Fortress Blockchain Technologies. The partnership targets enterprises in the blockch...
Cryptocoins News / Finance Magnates - 1 year ago
The meteoric rise of Bitcoin and other cryptocurrencies has fascinated the financial world and beyond. However, as cryptocurrencies' popularity has grown, so have concerns about their environmental impact. The energy-intensive process of Bitcoin mini...
Cryptocoins News / Finance Magnates - 1 year ago
As the clock ticks toward the implementation of the crypto asset financial promotions regime on October 8, 2023, the UK's Financial Conduct Authority (FCA) has engaged in a diverse range of regulated crypto asset firms to assess their readiness.Accor...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto, darling of the digital realm, has been a wild ride, churning out new millionaires like an assembly line that deals only in zeros and ones. According to the Crypto Wealth Report by London's Henley & Partners, at least 88,200 people can cla...
