Cryptocoins News / Finance Magnates - 2 years ago
<p>Zipmex, a troubled <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target="_blank" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1" class="terms__secondary-term">cryptocurre...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target...
Cryptocoins News / Finance Magnates - 2 years ago
<p>In the latest data published by Glassnode, the on-chain analytics platform highlighted that the number of BTC exchange deposits has significantly decreased in the past few weeks. The 7-day moving average of Bitcoin exchange deposits touched...
Cryptocoins News / Finance Magnates - 2 years ago
<p>London-listed Argo Blockchain (LON: ARB; NASDAQ: ARBK), a commercial cryptocurrency mining company, generated £26.7 million ($32.5 million) in revenue in the first six months of 2022. It was a 14 percent <a href="https://www.financem...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The South Korean authorities are now cracking down on overseas cryptocurrency exchanges as 16 such platforms operate in the country without authorization, local media The Korea Times reported.</p><p>Among the illegal platforms ar...
Cryptocoins News / Finance Magnates - 2 years ago
<p>With a price dip of over 12%, Ethereum has remained the worst-performing digital currency among the top 10 in the last seven days. However, Glassnode’s recent data indicates that the total number of ETH addresses with non-zero balances reach...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Some of the largest securities firms in South Korea are on schedule to launch a virtual asset exchange in H1 2023, led by the Financial Investment Association. According to local news, the financial firms have applied for government approval...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Cryptocurrency exchange, Bitget announced on Wednesday the extension of its big-ticket <a href="https://www.financemagnates.com/tag/sports-sponsorship/" target="_blank">sports sponsorship </a>deal with the Ita...
Cryptocoins News / Finance Magnates - 2 years ago
<p>After a recovery of more than 30% from its recent lows, Bitcoin (BTC) again tanked by almost 11% in the last week. As a result, the network activity across the BTC network has decreased sharply in the past few days. However, whales are still...
Cryptocoins News / Finance Magnates - 2 years ago
<p>If you follow the crypto Twitter-sphere you may have come across a recent drama that started with a comment by a well-known analyst and commentator known as Cobie. Famous for his upfront understanding of all things crypto, on his UpOnly podc...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The French social services were defrauded via false claims and stolen identities during the pandemic. Unemployment benefits were illegally obtained, which amounted to millions of euros that were later laundered via crypto and transferred to...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The German financial market supervisor, the Federal Financial Supervisory Authority (<a href="https://www.financemagnates.com/cryptocurrency/bafin-warns-investors-of-crypto-trading-advices-on-social-media/" target="_blank&q...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Crypto.com announced it has completed the compliance audit for Service Organization Control (SOC) 2 Type II. The audit was independently carried out by Deloitte.</p><p>SOC Type 2 as opposed to SOC Type 1 includes a long-term anal...
Cryptocoins News / Finance Magnates - 2 years ago
<p>A sophisticated scam using deepfake tech managed to drain liquidity from a Brazilian crypto exchange. In June 2022, the FBI issued a warning that fraudulent investment scams on LinkedIn are rising.</p><p>As LinkedIn is widely use...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The total value of global crypto assets under management dropped below $30 billion last week after digital asset investment products witnessed outflows of approximately $9 million. Bitcoin remained the worst-performing digital currency last...
Cryptocoins News / Finance Magnates - 2 years ago
<p>After a strong recovery during the first half of August, crypto assets like Bitcoin and Ethereum witnessed a substantial price correction during the last week. Bitcoin lost more than 12% of its value and dipped below $21,000 on Monday.</p...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The revenue of the popular global <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target="_blank" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1" class="terms__main-term">c...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The United States Federal Deposit Insurance Corporation (<a href="https://www.financemagnates.com/tag/fdic/" target="_blank">FDIC</a>) issued cease and desist letters to five crypto-related companies, includin...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Despite the BTC sell-off and a significant drop in total value locked (TVL), talent is migrating from traditional finance to the crypto space. Among the most notable names that are Katia Babbar and William McGhee.</p><p>Babbar is...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Recently, Binance.US announced that the company has received its Money Transmitter License in Nevada. In 2022, the <a href="https://www.financemagnates.com/tag/crypto/" target="_blank">crypto</a> firm obtained...
Cryptocoins News / Finance Magnates - 2 years ago
<p>One of the leading blockchain firms in the world, Ripple recently <a href="https://www.businesswire.com/news/home/20220818005147/en/Ripple-Launches-Crypto-enabled-Enterprise-Payments-in-Brazil-With-Travelex-Bank" target="_b...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Despite the latest correction in the <a href="https://www.financemagnates.com/tag/crypto/" target="_blank">crypto</a> market, the total number of Bitcoin whales has increased substantially in the last few mont...
Cryptocoins News / Finance Magnates - 2 years ago
<p>American cryptocurrency exchange, Coinbase, has raised concern over an increase in the number of romance-investment scams called ‘pig butchering’ or ‘Sha zu pan'.</p><p>This type of scam occurs when a scammer sources victims...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Several financial developments are converging, and together they create the possibility of significant changes in our money and the ways we transact, around which there should be awareness and open discussion.</p><p> Firstly, the...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Your Bourse, a London-based technology provider to forex and contract for difference (CFD) brokers, recently appointed new heads of department to spearhead various units in its organization.</p><p>These are Valter Timanov as Head...
