Cryptocoins News / Finance Magnates - 1 year ago
Coinbase has launched a lobby group in a retaliatory move against what the US-based cryptocurrency exchange has for a long time described as an unclear regulatory framework for the industry. The group will reportedly shape the crypto regulatory lands...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the Founder of the collapsed cryptocurrency exchange FTX, is facing allegations of misusing customers' funds to make over USD $100 million in contributions to political campaigns leading up to the 2022 US midterm elections.Accord...
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian-based Bitcoin mining firm, Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low mining output. The decline in performance was reportedly due to multiple factors, including suspen...
Cryptocoins News / Finance Magnates - 1 year ago
The UK’s financial watchdog continues to maintain strict supervision of the emerging crypto industry in the country. Since January 10, 2020, 291 crypto asset businesses in the country have applied for registration under the 5th Anti-Money Laundering...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Coinbase has expanded its services to Canada in partnership with Peoples Trust Company. According to the company’s statement released today (Monday), the collaboration allows more users to access digital assets in Cana...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto markets have been placid lately, with notoriously volatile key asset bitcoin notably lacking in volatility, as it reaches something of an impasse at just below 30K. Seasoned observers are hinting that such tightly constrained passivity usu...
Cryptocoins News / Finance Magnates - 1 year ago
Lewis Kaplan, the judge presiding over the case between the United States and Sam Bankman-Fried, has sent the Founder of the cryptocurrency exchange, FTX, to jail ahead of his criminal trial billed for October 2, 2023. The move follows a successful a...
Cryptocoins News / Finance Magnates - 1 year ago
Prime Trust, the beleaguered cryptocurrency custodian, might be on the brink of significant job cuts, CoinDesk revealed today (Friday), quoting ex-employees. Anonymous sources suggest that up to 75% of positions might be at risk, based on insider inf...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, Bittrex has agreed to pay the Securities and Exchange Commission (SEC) a fine of USD $24 million. The settlement is related to allegations that the cryptocurrency exchange offered unregistered securities to inves...
Cryptocoins News / Finance Magnates - 1 year ago
Digital Currency Group (DCG), the parent company of Genesis Capital Global, aims to counter the claims of fraud raised by the Winklevoss-owned Gemini Exchange. DCG has responded with a motion to dismiss the allegations, terming them as a continuation...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's debtors have clashed with the Official Committee of Unsecured Creditors (UCC) over the control of the asset of the collapsed cryptocurrency exchange. The disagreement has been complicated by plans to relaunch the exchange's operations outside t...
Cryptocoins News / Finance Magnates - 1 year ago
A class action lawsuit involving Singapore state investor, Temasek and the collapsed American cryptocurrency exchange has gained momentum. Recently, additional plaintiffs have been added to the lawsuit, intensifying the scrutiny of the alleged violat...
Cryptocoins News / Finance Magnates - 1 year ago
After five years since its inception and attracting 10 million users from nearly 170 countries, the popular multi-chain non-custodial crypto wallet, BitKeep, has changed its name to Bitget Wallet. The decision comes in the wake of Bitget acquiring Bi...
Cryptocoins News / Finance Magnates - 1 year ago
New concepts develop continuously in a quickly expanding digital ecosystem, transforming industries and challenging existing rules. NFTs (Non-Fungible Tokens) have taken center stage among these developments, altering how we perceive ownership, creat...
Cryptocoins News / Finance Magnates - 1 year ago
Another popular crypto exchange has joined the ranks of the digital asset companies that were significantly impacted by the industry downturn in 2022. Bitstamp's financial report was released this week summarizing the past year in reflection of the p...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) is planning to move to court to challenge the ruling that granted Ripple Labs a partial win against the agency. The SEC has reportedly written to a judge in Manhattan to allow the federal court of appeal...
Cryptocoins News / Finance Magnates - 1 year ago
Even though the prolonged period of cryptocurrency winter is behind us, digital asset market companies still feel its adverse effects. The consolidation of Bitcoin (BTC) and other asset prices, low network activity, and increasing mining difficulty m...
Cryptocoins News / Finance Magnates - 1 year ago
Base, a layer 2 blockchain created by Coinbase, the biggest cryptocurrency exchange in the United States, went live for public access today (Wednesday).The move comes as the publicly traded company, which is one of the largest digital asset exchanges...
Cryptocoins News / Finance Magnates - 1 year ago
Base, a layer 2 blockchain created by Coinbase, the biggest cryptocurrency exchange in the United States, went live for public access today (Wednesday).This creation aims to reach 1 billion people through decentralised applications (DApps) built on...
Cryptocoins News / Finance Magnates - 1 year ago
Russia will begin testing digital ruble for real-world use cases on August 15 with 13 banks and some of their clients. According to a statement issued by the country's central bank, Russia will begin issuing the digital currency for broad use cases...
Cryptocoins News / Finance Magnates - 1 year ago
The world has seen a spectacular boom in cryptocurrencies in recent years, altering the financial environment. Traditional bitcoin mining, on the other hand, has prompted worries about sustainability and energy use. As a result of these issues, a new...
Cryptocoins News / Finance Magnates - 1 year ago
After moving its global headquarters to the United Arab Emirates (UAE) and obtaining a cryptocurrency license in Dubai, the cryptocurrency exchange, Bybit shared another update related to a product enhancement. According to a press release seen by Fi...
Cryptocoins News / Finance Magnates - 1 year ago
The oldest cryptocurrency exchange, Bitstamp is suspending the trading of multiple tokens on its platform for users in the US. In a statement issued yesterday (Tuesday), the exchange said without specifying the details that the decision was due to...
Cryptocoins News / Finance Magnates - 1 year ago
The protection of your digital assets is critical in the fast-changing world of cryptocurrencies. Hardware wallets and cold wallets are two prominent approaches for enhancing security. In this extensive post, we look into the differences and definiti...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse's future possibilities appear to be endless, enabling a virtual world in which humans can immerse themselves in digital experiences and connect with others in real-time. As technology advances, they have become a trendy issue, capturing...
