Cryptocoins News / Finance Magnates - 1 day ago
Roger Ver, an early investor in Bitcoin and now an advocate of Bitcoin Cash, was arrested last weekend in Spain on US-brought criminal charges of mail fraud, tax evasion, and filing false tax returns. The authorities in the United States will now see...
Cryptocoins News / Finance Magnates - 1 day ago
The former Head of Crypto Operations at Revolut, Ruslan
Fakhrutdinov, has launched a cryptocurrency exchange with an investment of $6.5
million. Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and
Cyber Fund are some of the investors in...
Cryptocoins News / Finance Magnates - 1 day ago
Binance's Founder, Changpeng Zhao, has been sentenced
to four months in prison after pleading guilty to charges related to allowing
money laundering on the cryptocurrency exchange, the Financial Times reported. The sentence, handed down in a
Seattle...
Cryptocoins News / Finance Magnates - 2 days ago
Australia is preparing to join Bitcoin exchange-traded
fund (ETF) bandwagon. The country's primary equity exchange, ASX Ltd,
is anticipated to approve the launch of Bitcoin ETFs following similar approvals in the US and Hong Kong, Bloomberg reported....
Cryptocoins News / Finance Magnates - 2 days ago
Prometheum
Capital has announced a strategic partnership with Broadridge Financial
Solutions (NYSE: BR) to bolster its post-trade lifecycle and back-office
operations. The firm gears up to introduce a custody, clearing, and settlement services suite...
Cryptocoins News / Finance Magnates - 2 days ago
zondacrypto, a cryptocurrency exchange in the Central and
Eastern European region, has announced its partnership with the Giro d'Italia
cycling race. This collaboration designates zondacrypto as the Official
Cryptocurrency Exchange of the 107th editi...
Cryptocoins News / Finance Magnates - 3 days ago
The Securities and Exchange Commission (SEC) in Thailand has warned digital asset exchanges that their advertisements and the organisation of introducing broker agent (IBA) events might violate local regulations, Bangkok Post reported today (Monday)....
Cryptocoins News / Finance Magnates - 5 days ago
Worldcoin is eying a potential partnership with
artificial intelligence research firm OpenAI, according to a report by
Bloomberg. This latest development arrives despite the regulatory challenges facing the digital identity platform over privacy conc...
Cryptocoins News / Finance Magnates - 6 days ago
Consensys, a United States-based blockchain firm, has initiated legal action against the Securities and Exchange Commission (SEC) in a bid to deter the regulator from overseeing the Ethereum blockchain. Filed yesterday (Thursday), the lawsuit termed...
Cryptocoins News / Finance Magnates - 6 days ago
Federal prosecutors charged Samurai Wallet founders, Keonne Rodriguez and William Lonergan Hill, with conspiracy to commit money
laundering yesterday (Wednesday), marking another development in the US
government's ongoing efforts to address the use o...
Cryptocoins News / Finance Magnates - 6 days ago
Argo
Blockchain (LSE: ARB; NASDAQ: ARBK), a cryptocurrency mining company, has
released its 2023 financial results, revealing a year marked by strategic
adjustments amidst industry challenges. However, despite achieving a modest
gross profit, net inc...
Cryptocoins News / Finance Magnates - 1 week ago
Strike, a payments application utilizing the Bitcoin
blockchain, has launched its services in Europe, enabling customers in the
region to engage in buying, selling, and withdrawing bitcoin (BTC). The
announcement was made today (Wednesday).Expanding...
Cryptocoins News / Finance Magnates - 1 week ago
US prosecutors have proposed a 36-month prison sentence for Binance's former CEO, Changpeng Zhao. According to a report by
CNBC, the prosecutors argued that such a sentence, which is double the advisory
guidelines, reflects the seriousness of the cha...
Cryptocoins News / Finance Magnates - 1 week ago
CoinW Exchange, a notable presence within the digital asset
trading domain, is undergoing changes as it observes its sixth-year
anniversary. Situated in Dubai, the exchange has revealed an exhaustive
rebranding effort alongside the debut of its Propr...
Cryptocoins News / Finance Magnates - 1 week ago
Tigran Gambaryan, the detained Binance executive in Nigeria, will remain in custody until a bail hearing on May 17. Meanwhile, his trial is scheduled for May 2.More Jail Time in NigeriaThe extension of Gambaryan’s remand was granted by the Nigerian c...
Cryptocoins News / Finance Magnates - 1 week ago
The Tokyo-based
financial services company Monex Group has completed its acquisition of a majority stake in 3iQ Digital Holdings, a Canadian crypto asset manager.
The acquisition, initially announced in December 2023, has resulted in 3iQ and
its subs...
Cryptocoins News / Finance Magnates - 1 week ago
The Philippines' securities regulator has taken
enforcement action against Binance, ordering Google and Apple to remove their apps from their respective app stores. This action follows allegations that
Binance offered unregistered securities to Filip...
Cryptocoins News / Finance Magnates - 1 week ago
Crypto.com has postponed the planned launch of its app in
South Korea due to scrutiny by the regulators on the exchange's anti-money laundering
practices. According to a local media publication Segye Ilbo, Korean financial
authorities have initiated...
Cryptocoins News / Finance Magnates - 1 week ago
Ripple Labs has formally opposed the US Securities and
Exchange Commission’s (SEC) proposition to levy a substantial fine of nearly $2
billion against the company linked to the XRP Ledger blockchain. Filed yesterday
(Monday), Ripple's opposition chal...
Cryptocoins News / Finance Magnates - 1 week ago
The legal battle between Ripple and the SEC over
allegations of illegal sale of cryptocurrencies has reached a crucial step as the long-awaited
trial starts today (Tuesday). The SEC first accused Ripple Labs of offering
unregistered securities in Dec...
Cryptocoins News / Finance Magnates - 1 week ago
The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its co-founder Do Kwon. The regulator is further seeking civil penalties of $420 milli...
Cryptocoins News / Finance Magnates - 1 week ago
Ontario's Superior Court of Justice has certified a
class action lawsuit against Binance, according to a report by Advisor.ca. The lawsuit
alleges that Binance Holdings Limited violated securities law by offering
crypto derivative products to retail...
Cryptocoins News / Finance Magnates - 1 week ago
Hut 8, the result of a merger with US Bitcoin Corporation last November, has garnered attention due to its diversified business
model, according to a research report by Benchmark released today (Monday).A Close Look at Revenue Streams and Crypto Rese...
Cryptocoins News / Finance Magnates - 1 week ago
The Middle East has emerged as a hotspot for
cryptocurrency adoption, according to a recent report by Bitget Research. The
average daily number of crypto traders in the region soared to 500,000 in
2024. This figure represents an increase of 166% year...
Cryptocoins News / Finance Magnates - 1 week ago
Thailand is planning to block unauthorized cryptocurrency
service providers to fight online crime. The Office of the Securities and
Exchange Commission (SEC) is partnering with Thai government agencies to
prevent criminals from utilizing crypto excha...