Cryptocoins News / Finance Magnates - 2 months ago
Bybit has launched a new update that waives foreign exchange fees for Mastercard holders in seven European countries. This service is available for users in Poland, Bulgaria, Croatia, the Czech Republic, Denmark, Sweden, and Hungary. Waiving FX Fees...
Cryptocoins News / Finance Magnates - 2 months ago
Asset management giant BlackRock has extended its Ethereum ETF to Brazil. As of August 28, Brazilian investors can now trade the iShares Ethereum Trust (ETHA) via a Brazilian Depositary Receipt (BDR) on the B3 stock exchange under the ticker ETHA39,...
Cryptocoins News / Finance Magnates - 2 months ago
Binance's CEO Richard Teng has firmly rejected accusations circulating on social media that the crypto exchange froze all Palestinian accounts at the orders of Israeli authorities, Coindesk reported. Teng labeled these claims as fear, uncertainty, an...
Cryptocoins News / Finance Magnates - 2 months ago
Crypto.com announced today (Wednesday) that US users can now add PayPal as a payment method to fund cryptocurrency purchases. By linking their PayPal and Crypto.com wallets, users can transfer funds from PayPal to Crypto.com to purchase available cry...
Cryptocoins News / Finance Magnates - 2 months ago
Partnerships with major football brands like Juventus and Atalanta are set to help Polish-born cryptocurrency exchange zondacrypto spread its international wings. In an exclusive interview with Finance Magnates, the platform's CEO Przemyslaw Kral rev...
Cryptocoins News / Finance Magnates - 2 months ago
Applications for registration as a crypto-asset exchange or custodian wallet provider have dropped by 51% over the past three years, according to data obtained through a Freedom of Information (FOI) request by global law firm Reed Smith. The Financia...
Cryptocoins News / Finance Magnates - 2 months ago
With the commencement of the 2024–2025 football season, another sports sponsorship has been sealed. Today (Wednesday), blockchain firm BlockDAG revealed its three-year deal with German football club Borussia Dortmund (BVB), worth $10 million.Deep-Poc...
Cryptocoins News / Finance Magnates - 2 months ago
The publicly-listed Bitcoin (BTC) miner from Wall Street (NASDAQ: ARBK) and London Stock Exchange (LSE: ARB), Argo Blockchain, announced today (Wednesday) its interim results for the first half of 2024. The company reported an 18% increase in revenue...
Cryptocoins News / Finance Magnates - 2 months ago
Revenue for publicly traded Bitcoin (BTC) and other cryptocurrency miners on Wall Street has fallen by 12%. This continues the negative reaction to April's halving, which reduced block rewards, coupled with low network fees and rising production cost...
Cryptocoins News / Finance Magnates - 2 months ago
The Securities and Exchange Commission (SEC) has taken swift action against two brothers accused of orchestrating a $60 million cryptocurrency Ponzi scheme that defrauded over 80 investors in the US.SEC Charges Brothers in $60 Million Crypto Ponzi Sc...
Cryptocoins News / Finance Magnates - 2 months ago
With the commencement of the 2024–2025 football season, Coinbase has expanded the scope of its existing partnership with German football club Borussia Dortmund (BVB). The sponsorship deal was originally agreed upon in July 2022 and will be in place f...
Cryptocoins News / Finance Magnates - 2 months ago
The Securities and Exchange Commission (SEC) has charged Abra, a crypto asset platform operated by Plutus Lending LLC, for allegedly failing to register its retail crypto lending program, Abra Earn. The SEC’s recent charges also include allegations t...
Cryptocoins News / Finance Magnates - 2 months ago
A Nigerian judge will hear a money laundering case involving the cryptocurrency exchange Binance and two of its executives next week. The hearing was moved to an earlier date following a request by the defense. Originally scheduled for October 11, th...
Cryptocoins News / Finance Magnates - 2 months ago
Bitpanda Technology Solutions and CoinMENA have partnered to expand crypto trading services in the Middle East. Licensed as a crypto asset platform under the Central Bank of Bahrain and Dubai Virtual Asset Regulatory Authority (VARA), CoinMENA aims...
Cryptocoins News / Finance Magnates - 2 months ago
Another high-profile sports sponsorship deal by a cryptocurrency exchange has been announced with the partnership of Gate.io with FC Internazionale Milano (Inter Milan), one of the top Italian football clubs. However, the financial details of the dea...
Cryptocoins News / Finance Magnates - 2 months ago
The global cryptocurrency exchange Bitget has partnered with KoinX, a renowned provider of crypto tax reporting solutions. This collaboration aims to enhance how Bitget users manage their tax obligations and help them better comply with local regulat...
Cryptocoins News / Finance Magnates - 2 months ago
Bybit has released its inaugural report on The Open Network (TON) ecosystem. This report provides an update on TON’s efforts to integrate nearly one billion Telegram users into Web3.The report outlines TON’s approach to ecosystem development, which i...
Cryptocoins News / Finance Magnates - 2 months ago
The Asia-Pacific (APAC) region is at the forefront of the global financial service industry’s growth, where traditional finance (TradFi) intersects with the burgeoning world of digital assets. As crypto, blockchain technology, and decentralized finan...
Cryptocoins News / Finance Magnates - 2 months ago
The cryptocurrency exchange BingX has introduced a new feature called Pre-Launch Futures. This addition allows users to trade futures contracts on tokens before the tokens are officially listed. By participating in Pre-Launch Futures, traders can pre...
Cryptocoins News / Finance Magnates - 2 months ago
An Australian federal court today (Friday) ruled that Bit Trade Pty Ltd, which operates the Kraken crypto exchange in the country, violated the design and distribution obligations (DDO) while offering margin trading products to local customers.A Part...
Cryptocoins News / Finance Magnates - 2 months ago
Hong Kong’s push to become a digital-asset hub is facing challenges as uncertainty grows over whether 11 cryptocurrency exchanges will successfully obtain full licenses. These firms had received initial approvals earlier this year.The Securities and...
Cryptocoins News / Finance Magnates - 2 months ago
Binance, the world's largest cryptocurrency exchange, plans to hire 1,000 new employees this year, with a significant focus on bolstering its compliance team, according to CEO Richard Teng.Binance Expands Workforce, Boosts Compliance EffortsDuring an...
Cryptocoins News / Finance Magnates - 2 months ago
NBA star Jimmy Butler and crypto YouTuber Ben Armstrong, known as “BitBoy,” have agreed to settle a class action lawsuit brought against them for promoting alleged unregistered securities sold by Binance, paying a combined total of $340,000.Butler ha...
Cryptocoins News / Finance Magnates - 3 months ago
Bitfarms has expanded its operations in the US with the acquisition of Stronghold Digital Mining in a stock-for-stock merger valued at approximately $125 million. The agreement also includes an additional assumption of $50 million in debt. According...
Cryptocoins News / Finance Magnates - 3 months ago
State Street has announced a new partnership with Swiss cryptocurrency firm Taurus. This collaboration aims to expand State Street's digital asset services, including the creation of tradeable tokens from real-world assets. As cryptocurrencies have b...
