Cryptocoins News / Finance Magnates - 1 year ago
FTX and Genesis Global Capital have reached an agreement to resolve a dispute between the debtors of the now-bankrupt cryptocurrency companies. The agreement was disclosed in a letter that was filed by their lawyers in the US bankruptcy court for t...
Cryptocoins News / Finance Magnates - 1 year ago
Web3 wallets have become a crucial tool in the new era of the Internet, where decentralization, blockchain, and cryptocurrencies are at the forefront of innovation. A Web3 wallet, also known as a crypto wallet, is a digital wallet that enables users...
Cryptocoins News / Finance Magnates - 1 year ago
Israel is now looking into decentralised autonomous organisations (DAOs) in its latest effort to bring the digital assets industry under its watch. DAOs are blockchain-based organisations that operate based on rules coded into smart contracts. Uniswa...
Cryptocoins News / Finance Magnates - 1 year ago
The interest in Bitcoin and Ether futures among institutional investors increased in the second quarter as investors seek out products that enable them to mitigate risks and the impact of high market volatility.According to a report from the Chicag...
Cryptocoins News / Finance Magnates - 1 year ago
The judge presiding over the criminal charges against Sam Bankman-Fried has restricted him from communicating publicly on Wednesday. The judge is considering jailing him for allegations of witness tampering before the trial over the collapse of FTX...
Cryptocoins News / Finance Magnates - 1 year ago
The embattled cryptocurrency exchange, Binance has reportedly withdrawn its application for a crypto license in Germany, signifying the tough regulations and legal challenges it is facing in expanding operations in Europe.Finance Magnates reported in...
Cryptocoins News / Finance Magnates - 1 year ago
Athletes are increasingly adopting bitcoin sponsorships as part of their endorsement deals in the world of sports. Famous athletes, ranging from high-profile footballers to Olympic competitors, are forming alliances with Bitcoin companies. This artic...
Cryptocoins News / Finance Magnates - 1 year ago
The UK’s law enforcement agency has advertised two positions for the role of blockchain investigator under the Complex Financial Crime Team (CFCT). This step is part of the National Crime Agency's (NCA) efforts to combat crimes related to cryptocurre...
Cryptocoins News / Finance Magnates - 1 year ago
London-based Archax announced today (Wednesday) the launch of its institution-focused cryptocurrency exchange, which will be operational around the clock. The exchange is focused on catering to the demand from professional and institutional clients....
Cryptocoins News / Finance Magnates - 1 year ago
In an ongoing effort to maintain transparency in the crypto sphere, OKX has published its ninth consecutive monthly Proof of Reserves (PoR). The latest PoR indicates a substantial balance of $11.3 billion, majorly in Bitcoin (BTC), Ethereum (ETH) and...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea has launched a special investigations unit to combat the rising cases of criminal activities related to cryptocurrencies. The multi-agency unit will reportedly protect the interests of the investors as the country awaits proper regulati...
Cryptocoins News / Finance Magnates - 1 year ago
The Middle East is becoming an increasingly attractive location for a growing number of cryptocurrency exchanges. After Binance obtained authorization from the regulator in Abu Dhabi in November 2022, more companies have begun appearing in the loca...
Cryptocoins News / Finance Magnates - 1 year ago
Following the announcement of significant job cuts by Binance, KuCoin was expected to join the ranks of major cryptocurrency exchanges reducing their workforce. According to reports by Wu Blockchain yesterday (Tuesday), the company was preparing to l...
Cryptocoins News / Finance Magnates - 1 year ago
African countries are moving to the forefront to regulate crypto as the government of Namibia has become the latest administration to officially sign a law to regulate the Virtual Asset Service Providers operating in the country. The law was approved...
Cryptocoins News / Finance Magnates - 1 year ago
The UK’s data regulator is reportedly examining the biometric project created by OpenAI’s CEO, Sam Altman, where users provide the scans of their irises in exchange for free cryptocurrencies and digital identification. The project launched yesterday...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, which initially targeted relaunching its crypto exchange services in Japan last month, now has its eyes set on August 2023 for the rollout. Changpeng Zhao, the Founder of the world’s largest digital asset exchange, disclosed this today (Tues...
Cryptocoins News / Finance Magnates - 1 year ago
Over the last decade, the cryptocurrency market has grown at an exponential rate, grabbing the interest of investors, traders, and policymakers. Governments around the world are dealing with the necessity to regulate cryptocurrencies and blockchain t...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies are a dynamically changing market, which also applies to companies operating directly within it. Bitget, one of the popular digital asset exchanges, has decided to rebrand, aiming to reflect better the pace of ongoing changes, includ...
Cryptocoins News / Finance Magnates - 1 year ago
Binance and its Founder and CEO, Changpeng Zhao, are planning to seek the dismissal of a case filed by the Commodity Futures Trading Commission (CFTC) in March. According to a court document filed yesterday (Monday), the crypto exchange and Zhao are...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) alleged Binance.US to have orchestrated wash trading in a lawsuit against the cryptocurrency exchange. Recently, a Wall Street Journal report revealed internal communications of the company, showing Bin...
Cryptocoins News / Finance Magnates - 1 year ago
Lewis Kaplan, the judge presiding over the case between the United States and Sam Bankman-Fried, the Founder of bankrupt crypto exchange, FTX, may consider issuing a gag order proposed by the US Attorney’s Office, according to media reports. US prose...
Cryptocoins News / Finance Magnates - 1 year ago
Vladimir Putin, the President of Russia, has ratified a law that introduces digital rubble, the country’s central bank digital currency (CBDC), according to an official government document published today (Monday). The approval comes after Russia’s u...
Cryptocoins News / Finance Magnates - 1 year ago
Several cryptocurrencies branded 'X' surged at the beginning of the week after the social media platform Twitter changed its iconic blue bird logo to an 'X' symbol. Twitter's owner, Elon Musk, tweeted about the changes on the weekend.In April, Musk...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse, a virtual shared area in which users engage with digital goods and experiences, has emerged as a game-changing concept with far-reaching ramifications for a variety of businesses. Real estate investing is one of these businesses underg...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has listed Worldcoin (WLD), the cryptocurrency of the biometric project created by OpenAI's CEO Sam Altman. The project, which launched today (Monday), aims to boost the adoption of cryptocurrencies by creating a global identity network.Acc...
