Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the Founder of the now-defunct cryptocurrency exchange FTX, has made a renewed request for temporary release from jail as he awaits trial, according to a letter submitted by his legal team to the overseeing judge.Renewed Plea: Bank...
Cryptocoins News / Finance Magnates - 1 year ago
In a move to bolster retail investors' protection, Hong Kong's Securities and Futures Commission (SFC) has announced a series of new measures this week. These initiatives come on the heels of the JPEX crypto exchange debacle, which exposed vulnerabil...
Cryptocoins News / Finance Magnates - 1 year ago
Taiwan's cryptocurrency industry is taking steps towards establishing an industry association in collaboration with its financial regulator. This move comes ahead of the expected release of official guidelines later this week.Cryptocurrency Sector in...
Cryptocoins News / Finance Magnates - 1 year ago
To boost the adoption of Web3 technologies and digital assets in Japan, the cryptocurrency exchange Binance and Japan's largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), have announced a joint study to explore the issuance of sta...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has reopened its services in Belgium by resuming its registration for the residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday).“We are delighted to announce that as of today, new registra...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong-based Mixin Network, a blockchain protocol aiming to tackle scalability challenges, has fallen victim to a massive cyberattack resulting in losses nearing $200 million. The cyber heist, which is considered the largest of its kind this yea...
Cryptocoins News / Finance Magnates - 1 year ago
Huobi Global's HTX exchange fell victim to a major hack on September 24, resulting in the loss of $7.9 million worth of digital assets. The breach was brought to light by the blockchain analytics platform Cyvers, sending shockwaves through the crypto...
Cryptocoins News / Finance Magnates - 1 year ago
Few names in the world of cryptocurrencies are as well-known as Bitcoin. Bitcoin has been a wild ride of highs and lows, attracting the attention of investors, authorities, and enthusiasts alike. Bitcoin's price has recently fluctuated significantly,...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) is bringing transparency following the arrests involving JPEX with the publication of the list of all virtual asset trading platforms (VATPs) applicants. It will also “enhance and issue a dedicated...
Cryptocoins News / Finance Magnates - 1 year ago
To expand global crypto derivatives offerings, Coinbase considered the acquisition of FTX's European entity following FTX's bankruptcy in November. The discussions did not progress to an advanced stage. However, this move highlights Coinbase's growin...
Cryptocoins News / Finance Magnates - 1 year ago
San Francisco-headquartered crypto exchange Coinbase (Nasdaq: COIN) has solidified its presence in Europe with the latest registration from the Bank of Spain. With this, Coinbase has become a cryptocurrency exchange and custodian wallet provider in S...
Cryptocoins News / Finance Magnates - 1 year ago
CoinShares has announced the establishment of its hedge fund division, CoinShares Hedge Fund Solutions. The company will be extending its offerings to qualified U.S. investors, marking its expansion beyond its European base.CoinShares Targets Institu...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong influencer Joseph Lam has disassociated himself from the crypto platform JPEX, denying any allegation in the unfolding investigation of the exchange. Lam held a press conference yesterday (Friday), revealing that he had not only closed hi...
Cryptocoins News / Finance Magnates - 1 year ago
The U.S. Securities and Exchange Commission (SEC) announced that Citadel Securities had settled charges of violating Regulation SHO, a law aimed at controlling short-selling practices. This violation pertained to Citadel Securities' alleged failure t...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange CoinEx is making a comeback after a devastating $70 million hack. The exchange announced today (Friday) that it had taken measures to rebuild its wallet system and ensure the safety and security of its users' assets.As a r...
Cryptocoins News / Finance Magnates - 1 year ago
Core Scientific, a bankrupt cryptocurrency miner, is set to purchase 27,000 Bitcoin mining servers from Bitmain in a substantial transaction valued at $77 million, as disclosed in a recent press release. The acquisition comprises $23.1 million in cas...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt crypto exchange FTX has sued the former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, for the recovery of about $157.3 million, according to a Coindesk report. The Hong Kong firm was controlled by the FTX Fo...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt crypto exchange FTX has sued the former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, for the recovery of about $157.3 million, according to a Coindesk report. The Hong Kong firm was controlled by the FTX Fo...
Cryptocoins News / Finance Magnates - 1 year ago
Central banks around the world are considering the formation of their own digital currencies amid the ever-changing cryptocurrency ecosystem. Among these, the Reserve Bank of India (RBI) has made substantial progress toward the implementation of its...
Cryptocoins News / Finance Magnates - 1 year ago
Bankman-Fried, the Founder of FTX, has faced another legal setback as an appeals court rejected his attempt to secure pre-trial release ahead of his upcoming trial scheduled for October 3rd. This decision comes after a series of legal challenges and...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, its US arm Binance.US, and Changpeng Zhao "CZ" have officially filed a joint motion in court to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC).Binance Files Motion to Dismiss SEC LawsuitIn the motion...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency payment gateway Alchemy Pay is making strides in its global expansion strategy following the acquisition of a major payment license in the United States. Inaugural U.S. Money Transmitter License for Alchemy PayThe company has succe...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has raised concerns about how the Market in Crypto Asset (MiCA) regulation will apply to decentralized and foreign issuers. One of the exchange's concerns is its provisions regarding stablecoins. These digital assets, whose values are tethere...
Cryptocoins News / Finance Magnates - 1 year ago
Polygon is one of the initiatives that best exemplifies the bitcoin ecosystem's rapid evolution. Polygon, formerly known as Matic Network, has been making waves in the blockchain sector with its goal of addressing some of Ethereum's most critical con...
Cryptocoins News / Finance Magnates - 1 year ago
Legal disagreements can have far-reaching effects in the fast-paced world of cryptocurrency and blockchain technology. The recent lawsuit brought by FTX against LayerZero Labs has piqued the interest of the crypto community. While legal conflicts in...
