Cryptocoins News / Finance Magnates - 2 years ago
Central bank digital currencies (CBDCs) have sparked debate among governments and financial institutions all over the world. These digital currencies are supposed to act as the digital equivalent of cash and are created and supported by central banks...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto derivatives and copy trading platform, Bitget has announced a strategic partnership with Core DAO, an organization focused on developing the Satoshi Plus ecosystem. The collaboration will see the establishment of a $200 million ecosystem fund...
Cryptocoins News / Finance Magnates - 2 years ago
Bybit, the crypto exchange with over 15 million users worldwide, has announced the opening of its global headquarters in Dubai. The move follows an increase of 50% in the platform's client base and aims to strengthen Bybit's foothold in the Middle Ea...
Cryptocoins News / Finance Magnates - 2 years ago
Ether (ETH), the native cryptocurrency of Ethereum, a decentralized blockchain with smart contract functionality, attracted only US$0.3 million in digital asset investment product inflow last week despite the Shapella Upgrade last Wednesday. Addition...
Cryptocoins News / Finance Magnates - 2 years ago
The US securities regulator has charged cryptocurrency exchange Bittrex and William Shihara, its Founder and former CEO, for operating as a national securities exchange, broker and clearing agency without registration. According to US Securities and...
Cryptocoins News / Finance Magnates - 2 years ago
South Korea's cryptocurrency industry is bracing for an impending shakeup as policymakers set their sights on regulation. The government's primary objective is to safeguard investors by stamping out any fraudulent activities that may be l...
Cryptocoins News / Finance Magnates - 2 years ago
With the deadline for changes to cryptocurrency regulations in Hong Kong (HK) rapidly approaching, an increasing number of companies and digital asset exchanges are seeking local licenses and setting up branches in the special administrative distri...
Cryptocoins News / Finance Magnates - 2 years ago
HIVE Blockchain Technologies Ltd., a publicly-listed crypto mining company, has announced that it produced 282 Bitcoin in March 2023 from ASIC and GPU mining operations. The numbers if visibly higher from February's results, when HIVE mined 250 BTC....
Cryptocoins News / Finance Magnates - 2 years ago
If you’re an institutional investor with an interest in bitcoin, but you are either restricted from or simply hesitant about buying the digital currency directly, then what are your options? Looking at recent events, it appears that an alternative pa...
Cryptocoins News / Finance Magnates - 2 years ago
The energy business is always evolving and looking for new methods to improve efficiency, save costs, and promote sustainability. Integration of blockchain technology in energy supply chains, notably in the construction of smart grids and microgrids,...
Cryptocoins News / Finance Magnates - 2 years ago
The rise of central bank digital currencies (CBDCs) is soon becoming one of the most significant financial developments. CBDCs are blockchain-based digital representations of a country's fiat currency that are backed by the central bank. As more gove...
Cryptocoins News / Finance Magnates - 2 years ago
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, has secured its position in the Canadian market by filing for pre-registration with the Ontario Securities Commission (OSC), a state regulator in the country. Once approved, Gemini wi...
Cryptocoins News / Finance Magnates - 2 years ago
In news that covers social media, trading and cryptocurrencies, Elon Musk’s Twitter has partnered with the popular eToro retail trading platform. This integration will allow Twitter users to view market charts through the social media app, via an alr...
Cryptocoins News / Finance Magnates - 2 years ago
StoneX Financial Inc., a subsidiary of StoneX Group, has expanded its cryptocurrency offerings to clients by providing access to the full suite of Coinbase Derivatives Exchange (CDE) contracts cleared by Nodal Clear. StoneX Enhances Retail Crypto Off...
Cryptocoins News / Finance Magnates - 2 years ago
Central Bank Digital Currencies (CBDCs) have received a lot of attention recently as a potential game changer in the world of finance. A CBDC is a digital representation of a country's fiat currency issued and supported by the central bank. While the...
Cryptocoins News / Finance Magnates - 2 years ago
eToro, a leading social trading and investing network, announced its partnership with Twitter to integrate real-time asset prices into the social media platform's $Cashtags feature. eToro told Finance Magnates that Twitter's owner Elon Musk was not d...
Cryptocoins News / Finance Magnates - 2 years ago
The once-collapsed FTX cryptocurrency exchange has recovered $7.3 billion in liquid digital assets and cash. Since January, this figure has increased by $800 million, according to a statement by the company's lawyer, Andy Dietderich who testified on...
Cryptocoins News / Finance Magnates - 2 years ago
Paxos, a cryptocurrency company known for issuing stablecoins and operating a crypto brokerage, is exiting the Canadian market entirely on June 2, the company confirmed in an official announcement. "Beginning June 2nd, you will no longer be able to...
Cryptocoins News / Finance Magnates - 2 years ago
A Delaware-based bankruptcy court has ordered Deltec International Group (DIG) to repay almost $53 million to Alameda Research, the crypto hedge fund linked to bankrupt cryptocurrency exchange, FTX. Alameda Gave $50M Loan in 2021The loan repayment is...
Cryptocoins News / Finance Magnates - 2 years ago
Tokenization and digital asset trading platforms have seen tremendous growth in recent years. These platforms have transformed the way people invest and trade assets, making it easier and more efficient than ever before. This article will look at the...
Cryptocoins News / Finance Magnates - 2 years ago
On Wednesday, the Cyprus Securities and Exchange Commission (CySEC) confirmed an extension on the suspension of FTX (EU) Ltd's authorization until the end of September 2023. FTX Europe's License Suspension The Cyprus Investment Firm (CIF) license was...
Cryptocoins News / Finance Magnates - 2 years ago
A New York-based former investment banker and registered broker, Rashawn Russell, was arrested on Monday for running a cryptocurrency investment fraud scheme. The US prosecutors brought fraud charges against him, carrying a maximum prison time of 20...
Cryptocoins News / Finance Magnates - 2 years ago
Bitfinex Securities El Salvador, a newly-established entity belonging to the cryptocurrency exchange Bitfinex, has emerged as the first licensed digital asset service provider (DASP) in El Salvador. The licensing comes three months after El Salvador...
Cryptocoins News / Finance Magnates - 2 years ago
Bitman Technologies, a Bitcoin (BTC) mining firm based in Beijing, China, has reportedly been fined $25 million yuan ( $3.6 million) by local tax authorities. Local news outlet Sina Finance reported on Tuesday that the fine was imposed by the Beijing...
Cryptocoins News / Finance Magnates - 2 years ago
Gate Group, the owner of the Gate.io crypto exchange trading brand, has confirmed to apply for regulatory approval with the Securities and Futures Commission (SFC) in Hong Kong. It is, thus, another cryptocurrency platform that wants to join the loca...
