Cryptocoins News / EthereumWorldNews - 1 year ago
Binance has lost more than 10% of its market share since the beginning of 2023.& Rival exchanges like Bybit and OKX have absorbed the freed-up market share.& Meanwhile, the market share of the American arm of the crypto exchange has sunk bel...
Cryptocoins News / EthereumWorldNews - 1 year ago
An analyst from Piper Sandler downgraded the stock of crypto exchange Coinbase earlier today.& The analyst cited uncertainty in the crypto market and the ongoing legal battle with the United States SEC.& Coinbase’s share price fell by more t...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Valkyrie refiled its application for a spot Bitcoin ETF with the SEC per a 19b-4 filing seen on Wednesday.The asset manager joins other Wall Street titans like BlackRock and Fidelity in filing a second application after the SEC responde...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Australia’s securities regulator searched the office premises of Binance Australia as part of an ongoing investigation, Bloomberg reported.This comes after the platform’s derivatives license was revoked in April after a mass liquidation...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: A proposal on Aave DAO to move $3 million in ETH from the treasury into wrapped staked ETH and rocket pool ETH is active in the project’s governance forum.The proposal with 252,152 votes in favor argues that converting 1,600 ETH to liqu...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Crypto exchange operators in South Africa have until November 30 this year to apply for a license.This forms part of a plan by the country’s Financial Sector Conduct Authority designed to standardize the local industry and mitigate cryp...
Cryptocoins News / EthereumWorldNews - 1 year ago
Cameron Winklevoss has sent an open letter to the CEO of the Digital Currency Group, Barry Silbert.& The Gemini co-founder accused Silbert of committing fraud by concealing key info related to Genesis’ financial health.& Winklevoss issued an...
Cryptocoins News / EthereumWorldNews - 1 year ago
Revolut will stop offering ADA, MATIC, and SOL for users in the United States starting September 18, 2023.& The British neobank’s announcement came after its service provider Bakkt delisted the tokens.The neobank clarified that there were no pla...
Cryptocoins News / EthereumWorldNews - 1 year ago
Nasdaq has refiled BlackRock’s application for a Spot Bitcoin exchange-traded fund (ETF).& The ETF application was previously rejected by the SEC for not providing sufficient details about the crypto product.& The Chicago Board Options Excha...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: A newly formed DAO in the Azuki community voted to hire a lawyer after last week’s Elementals launch.The DAO comprised of 74 members wants to recover 20,000 ETH from pseudonymous founder Zagabond and the blue-chip NFT project.Azuki’s co...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Germany’s top watchdog BaFin turned down an application for a custody license from Binance, FinanceFWD reported.Paysafe also announced its decision to end support for Euro transactions by September this year.This comes as the exchange s...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: MicroStrategy added to its massive Bitcoin coffers with a $347 million purchase.The company bought an additional 12,333 BTC at an average price of $28,136 per coin, Founder and Chairman Michael Saylor shared.MicroStrategy now owns 152,3...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Fidelity could submit a Bitcoin (BTC) spot ETF application as early as Tuesday, The Block reported citing a source.A flurry of BTC ETF applications came from companies like Widomtree and Invesco after BlackRock’s filed on June 15....
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Chibi Finance team disappeared overnight in what seems like a rug pull, PeckShield noted.555 Ether (ETH) worth around $1 million was drained from the project’s liquidity pools and deposited into the crypto mixer Tornado Cash.The tea...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Bybit will offer crypto exchange and digital asset custody services to users in Cyprus after bagging a license in the country.The trading venue sets up shop in Cyprus ahead of the implementation of MiCA, the first crypto regulatory regi...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Hong Kong’s largest bank HSBC now lets users trade Bitcoin (BTC) and Ether (ETH) ETFs available on the local stock exchange.Three of these exchange-traded funds are available on Hong Kong’s stock exchange including CSOP Bitc...
Cryptocoins News / EthereumWorldNews - 1 year ago
FTX has sued K5 Global to recover the $700 million invested in it by former CEO Sam Bankman-Fried.& Bankman-Fried transferred vast sums of money from his trading firm to K5 and other related ventures in 2022.& The investment reportedly allow...
Cryptocoins News / EthereumWorldNews - 1 year ago
A class action lawsuit filed by Celsius investors has been amended to include crypto market maker Wintermute Trading.& The lawsuit accused Wintermute of aiding CEO Alex Mashinsky in duping Celsius investors.& The defunct crypto lender’s inve...
Cryptocoins News / EthereumWorldNews - 1 year ago
Belgium’s Financial Services and Markets Authority has ordered Binance to cease its operations in the country.& The regulator has taken issue with the exchange offering crypto services from non-EEA countries.& The FSMA has indicated that the...
Cryptocoins News / EthereumWorldNews - 1 year ago
Documents released by the FDIC revealed the top depositors at the failed Silicon Valley Bank.& Venture capital giant Sequoia and stablecoin issuer Circle were among SVB’s top depositors.& The FDIC went past its $250,000 deposit insurance and...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: BlockFi received a temporary halt on its $50 million settlement payment to the U.S. Securities and Exchange Commission, per court filings from Thursday.The bankrupt crypto lender was instructed to pay its outstanding $30 million fine af...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto custodian Prime Trust suspended withdrawals and deposits earlier today.& The suspension came after rival custodian BitGo terminated a deal to acquire the firm.& The Nevada Financial Institution Division issued an order to Prime Trust...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The South Korean crypto firm will fire 100 employees by Friday as the platform faces uncertain times, Haru Invest CEO Lee Hyung-soo said on a video call.Haru Invest paused withdrawals earlier this month and evacuated its office due to a...
Cryptocoins News / EthereumWorldNews - 1 year ago
MakerDAO has purchased U.S. Treasury bonds worth a whopping $700 million.& The DeFi protocol’s total Treasuries holdings now stand at $1.2 billion amid attempts to diversify its holdings.& Maker’s first U.S. Treasuries purchase was with $500...
Cryptocoins News / EthereumWorldNews - 1 year ago
The Monetary Authority of Singapore has published a whitepaper in collaboration with other central banks and financial institutions.& The central bank proposed standards for the use of digital money, including Central Bank Digital Currencies (CB...
