Cryptocoins News / Finance Magnates - 1 year ago
HIVE Blockchain Technologies Ltd., a publicly-listed company in the cryptocurrency mining industry, has unveiled its unaudited Bitcoin (BTC) production statistics for June 2023. The firm has mined 259 Bitcoin, elevating its current crypto balance to...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) yesterday (Friday) filed its response to Coinbaseās rejection of its allegations, noting that the cryptocurrency exchange āunderstood that the securities laws could apply to its conduct.ā The securities...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Gemini has dragged Digital Currency Group (DCG), the bankrupt digital lender of Genesisā parent company, and its CEO, Barry Silbert, to court. In a lawsuit filed today (Friday) before a court in New York, the exchange acc...
Cryptocoins News / Finance Magnates - 1 year ago
Jesse Powell, the Co-Founder of the cryptocurrency exchange, Kraken who stepped down as the CEO last year, recently faced an investigation by the Federal Bureau of Investigation (FBI). According to the New York Times, the probe was based on allegatio...
Cryptocoins News / Finance Magnates - 1 year ago
Decentralized Finance, or DeFi, has emerged as one of the financial industry's most transformational and disruptive forces. DeFi protocols, which are based on blockchain technology, aim to eliminate middlemen, and allow open, permissionless access to...
Cryptocoins News / Finance Magnates - 1 year ago
The emergence of crypto sponsorships has caused tremendous disruption in the world of sports marketing. As cryptocurrencies acquire public recognition and appeal, athletes, teams, and brands are increasingly leveraging this new type of sponsorship to...
Cryptocoins News / Finance Magnates - 1 year ago
A new phenomenon is taking center stage in the world of sports marketing: the incorporation of non-fungible tokens (NFTs) in crypto sponsorships. NFTs are blockchain-powered digital assets that indicate ownership or proof of authenticity of a certain...
Cryptocoins News / Finance Magnates - 1 year ago
Binance's senior executives are reportedly leaving the organization following the regulatory crisis facing the cryptocurrency exchange. According to the people familiar with the matter, some of the employees of the exchange were planning to resign...
Cryptocoins News / Finance Magnates - 1 year ago
As Binance is exiting the Dutch market, the crypto exchange has entered into an agreement with its local rival Coinmerce to transfer its Dutch users. Binance will cease its operations in Holland on 17 July. Binance to Dutch Transfer Local Rival Accor...
Cryptocoins News / Finance Magnates - 1 year ago
Lately, when it comes to the state of crypto regulation and integration with the traditional financial system, all eyes have been on the US, the EU, and parts of Asia. In the US, itās been a turbulent situation with regulatory bodies and some politic...
Cryptocoins News / Finance Magnates - 1 year ago
Bitfinex, the cryptocurrency exchange where hackers stole over 119,000 bitcoins (BTC) in August 2016, has retrieved about $315,000 in cash and cryptocurrencies in its latest recovery effort. The BTC stolen from the exchange, worth about $71 million t...
Cryptocoins News / Finance Magnates - 1 year ago
The combined value of spot and derivatives trading volumes on centralized exchanges (CEXs) jumped 14.2% for the first time in three months, reaching $2.71 trillion in June. The bullish trend came amidst a new wave of applications for spot Bitcoin (BT...
Cryptocoins News / Finance Magnates - 1 year ago
The Florida Office of Financial Regulation (OFR) said it issued a three-count complaint against Bittrex in late April, days before the troubled cryptocurrency exchange filed for bankruptcy protection in May. In the complaint, OFR accused Bittrex of f...
Cryptocoins News / Finance Magnates - 1 year ago
The bitcoin mining company, Hut 8 released its production and operations update for the month of June today (Thursday). In the report, the company disclosed that it mined 120 Bitcoins, which is a production rate equivalent to 4 Bitcoins per day.Dur...
Cryptocoins News / Finance Magnates - 1 year ago
Traditional financial services are being reshaped by innovation in the world of cryptocurrency. Crypto lending is one such innovation, a burgeoning industry that allows individuals and corporations to lend and borrow digital assets. Crypto financing...
Cryptocoins News / Finance Magnates - 1 year ago
HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE), the Canadian publicly-listed crypto mining company, has unveiled plans to undergo a strategic rebranding. It includes a change of name to HIVE Digital Technologies Ltd.This move aims to show the compa...
Cryptocoins News / Finance Magnates - 1 year ago
OKX, one of the biggest crypto exchanges by trading volume, has announced the launch of Signal Trading, a trading bot and marketplace. The new platform, scheduled for release in August-September 2023, offers automated crypto trading strategies for re...
Cryptocoins News / Finance Magnates - 1 year ago
The market share of the top cryptocurrency exchange Binance, and its US affiliate, Binance.US, has declined, the latest market data shows. The decline is anticipated to be due to the recent lawsuit filed against the exchange by the Securities and Exc...
Cryptocoins News / Finance Magnates - 1 year ago
Legislators in Israel conducted a preliminary reading for a new bill that proposes the exemption of foreigners from capital gains taxes or profit made from their cryptocurrency activities. The bill, which seeks the amendment of Israelās Income Tax Or...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain security company, Certik, has compiled a report showing the value of cryptocurrencies lost in hacks and exploits during the second quarter of the year. According to the report, hackers stole $313 million through different kinds of scams an...
Cryptocoins News / Finance Magnates - 1 year ago
Denmarkās financial markets supervisor has demanded that Saxo Bank dump its cryptocurrency holdings. The Danish Financial Supervisory Authority (FSA) stated this in a statement released today (Wednesday), noting that the multi-asset brokerās trading...
Cryptocoins News / Finance Magnates - 1 year ago
The rise of cryptocurrencies and digital assets has shifted the financial industry's worldview. These digital currencies provide up new avenues for investment, cross-border commerce, and decentralized finance. However, in addition to its enormous pot...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian financial regulator has searched the premises of the local subsidiaries of Binance that came as a part of the probe against the crypto exchangeās now-closed derivatives business. ASICās Investigation against Binance According to a Blo...
Cryptocoins News / Finance Magnates - 1 year ago
A new bill that seeks to empower agencies in the United Kingdom to seize and freeze cryptocurrency in money laundering cases has received the approval of the Parliamentās upper chamber. The Economic Crime and Corporate Transparency Bill, which was fi...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchanges operating in South Africa have until November 30 to register with the countryās financial regulator. Those who will not comply with the directive risk facing enforcement actions, including fines or business closure, the Fin...
