Cryptocoins News / Finance Magnates - 1 year ago
Grayscale
has submitted an updated filing for its forthcoming spot Bitcoin
Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC)
on November 22. The filing is an amendment, a type often utilized by firms that
have met report...
Cryptocoins News / Finance Magnates - 1 year ago
The latest data compiled by CryptoQuant has highlighted a
notable movement in Bitcoin reserves between Binance and Coinbase. The report revealed a decrease of 5,000 BTC in Binance's reserves and an
increase of around 12,000 BTC in Coinbase's holdings...
Cryptocoins News / Finance Magnates - 1 year ago
In a watershed moment for the cryptocurrency sector, Binance, the world's
largest cryptocurrency exchange, finds itself grappling with an array of
penalties that set new precedents in regulatory enforcement. The U.S.
Department of Justice, in collabo...
Cryptocoins News / Finance Magnates - 1 year ago
It appears that once again, the Securities and Exchange Commission in the US has a major crypto exchange in its sights, as it has filed a lawsuit charging Kraken, the 10th biggest centralized crypto exchange by spot trading volume, with operating as...
Cryptocoins News / Finance Magnates - 1 year ago
The Monetary Authority of Singapore (MAS) wants to
discourage cryptocurrency speculation among retail customers, according to
new regulations for Digital Payment Token (DPT) service providers
in Singapore. These measures aim to address potential harm...
Cryptocoins News / Finance Magnates - 1 year ago
Latest data unveils a remarkable milestone in Bitcoin's
journey, with a record-high percentage—70.35%—of the circulating supply
remaining inactive for over a year, as reported by CoinDesk. This substantial figure, surpassing the
previous peak in July...
Cryptocoins News / Finance Magnates - 1 year ago
In the wake of the recent crypto crackdown by U.S. authorities, the
landscape of the cryptocurrency market, valued at around $1.4 trillion, is
undergoing seismic shifts. As the dust settles on the
conviction of Sam Bankman-Fried, former CEO of FTX cr...
Cryptocoins News / Finance Magnates - 1 year ago
The Enforcement Committee of the French& financial market regulator, the Autorité des Marchés Financiers (AMF), has issued a
cautionary statement urging investors to exercise vigilance on a fraudulent
automated trading service offered by Immediat...
Cryptocoins News / Finance Magnates - 1 year ago
The US federal prosecutors are seeking the court's permission to stop Changpeng Zhao, the Founder and former CEO of Binance, from leaving the country, citing an "unacceptable risk of flight."
Zhao Pleads Guilty to a Criminal Charge
Zhao pled guilty o...
Cryptocoins News / Finance Magnates - 1 year ago
In the pursuit of modernizing
payment systems and future-proofing central banking in the digital age, central
banks worldwide are exploring Central Bank Digital Currencies (CBDCs).
CBDCs, as digital liabilities of central banks, hold the potential to...
Cryptocoins News / Finance Magnates - 1 year ago
In an unexpected move that
could reshape the financial terrain, Joana Cotar, a member of the German
Bundestag, has put forward the idea of recognizing Bitcoin as legal tender in
Germany. This revelation, occurring amid a global surge in cryptocurrenc...
Cryptocoins News / Finance Magnates - 1 year ago
In a new twist to the ongoing saga between crypto
lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in
January, has launched a lawsuit against the cryptocurrency exchange Gemini. The
legal action seeks to recover a substantial...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commod...
Cryptocoins News / Finance Magnates - 1 year ago
Wintermute
Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute
Group, an algorithmic trading firm in the digital assets space, has executed
its first options block trade through CME Group. The BTC/USD block trade,
facilitated b...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant development,
the Securities and Exchange Commission (SEC) has charged Payward Inc. and
Payward Ventures Inc., collectively known as Kraken, for operating its crypto
trading platform as an unregistered securities exchange, broker, dea...
Cryptocoins News / Finance Magnates - 1 year ago
The financial underpinnings of
Hamas reveal a nuanced strategy involving global transactions and the
exploitation of cryptocurrency. With an estimated annual income exceeding $1
billion, Hamas relies on physical force, ideological influence, and a di...
Cryptocoins News / Finance Magnates - 1 year ago
Another
cryptocurrency exchange has just announced that it is disappearing from the
market. Bittrex Global, originating from Liechtenstein, will suspend trading and
operations in US dollars from the beginning of next month. This occurred after& t...
Cryptocoins News / Finance Magnates - 1 year ago
The US Justice Department is seeking over $4 billion from Binance Holdings as a part of a proposed resolution of an ongoing investigation against the crypto exchange for over a year, Bloomberg News reported. However, there is no official confirmation...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) charged crypto exchange Kraken yesterday (Monday) for illegally operating an unregistered securities exchange, broker, dealer, and clearing agency. Further, the exchange has been blamed for the comingling...
Cryptocoins News / Finance Magnates - 1 year ago
The renowned crypto-focused media publication
CoinDesk has been acquired by Bullish, a company owned by the New York Stock
Exchange's Former President, Tom Farley.According to a report by the Wall Street Journal,
CoinDesk will operate as an autonomou...
Cryptocoins News / Finance Magnates - 1 year ago
In a recent speech in Venice,
Andrea Enria, Chair of the Supervisory Board of the European Central Bank
(ECB), delved into the complex realm of cryptocurrency regulation, focusing
on the Markets in Crypto-Assets Regulation (MiCAR). MiCAR, operational...
Cryptocoins News / Finance Magnates - 1 year ago
Argentina has recently
witnessed a seismic political shift with the election of Javier Milei as its
new president. Beyond the political dynamics, this change is accompanied by a
notable surge in Bitcoin's value, signaling a broader societal interest...
Cryptocoins News / Finance Magnates - 1 year ago
During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the...
Cryptocoins News / Finance Magnates - 1 year ago
GC Exchange FZE (GCEX), a part of the broader GCEX Group, has bolstered its presence in the Middle East by securing an operational virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). Announced today (...
Cryptocoins News / Finance Magnates - 1 year ago
The High Court of Montenegro has denied Terraform Labs
Founder's appeal, Do Kwon, upholding his four-month prison sentence for falsifying
documents. This decision intensifies Kwon's plight as he faces potential
extradition following the completion of...