Cryptocoins News / Finance Magnates - 3 months ago
The Financial Conduct Authority (FCA) has recently conducted an assessment of cryptocurrency firms to ensure their compliance with new financial promotion rules aimed at improving consumer understanding of crypto investment risks. These rules, which...
Cryptocoins News / Finance Magnates - 3 months ago
Cryptocurrency exchange Binance has challenged a substantial $86 million tax show cause notice by India's tax authorities, Coindesk reported, citing sources familiar with the matter. This notice, a preliminary step in suspected tax evasion cases, mar...
Cryptocoins News / Finance Magnates - 3 months ago
Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the clubās Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first...
Cryptocoins News / Finance Magnates - 3 months ago
Despite Bitcoin's (BTC) mixed summer performance, one of Wall Street's largest cryptocurrency miners managed to increase production. Riot Platforms (NASDAQ: RIOT) reported in its latest report a 45% increase in mining to 370 BTC in July.Wall Street B...
Cryptocoins News / Finance Magnates - 3 months ago
European digital asset investment firm CoinShares reported financial results for the second quarter of 2024 today (Tuesday), building on the momentum from Q1 and announcing a special dividend following the successful recovery of its FTX claim. Howeve...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency market is experiencing one of its strongest sell-offs in months today (Monday), testing levels not seen since the beginning of 2024. Bitcoin (BTC) has shed 25% of its total value in just 4 days, shrinking by $320 billion. The rest...
Cryptocoins News / Finance Magnates - 3 months ago
Xapo Bank, a Gibraltar-licensed digital banking for crypto, has expanded its operations into the United Kingdom. It has become the first licensed bank in the country to offer a combined interest-bearing USD and Bitcoin (BTC) account. This move comes...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin (BTC) miner Argo Blockchain, publicly traded on Wall Street and the London Stock Exchange (LSE), has presented today (Monday) its latest report on cryptocurrency production for July. The result of 48 mined BTC is over 60% worse than last year...
Cryptocoins News / Finance Magnates - 3 months ago
Over 20 companies engaged in Bitcoin (BTC) mining, the process of extracting the oldest cryptocurrency for profit, are now listed on global stock exchanges. Wall Street is home to the vast majority of them, and it's where we find the largest publicly...
Cryptocoins News / Finance Magnates - 3 months ago
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...
Cryptocoins News / Finance Magnates - 3 months ago
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...
Cryptocoins News / Finance Magnates - 3 months ago
With six months remaining before the European MiCA Regulationās provisions on crypto-asset services take effect, the AutoritĆ© des MarchĆ©s Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provide...
Cryptocoins News / Finance Magnates - 3 months ago
Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited ārecent regulatory developmentsā in the...
Cryptocoins News / Finance Magnates - 3 months ago
Do Kwon, the co-founder of the bankrupt Terraform Labs, will be extradited to South Korea, a Montenegro appeals court ordered yesterday (Thursday), rejecting the United Statesā bid. However, it remains unclear when he will be sent to his home country...
Cryptocoins News / Finance Magnates - 3 months ago
CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the acquisition of its first Bitcoin mining site in Wyo...
Cryptocoins News / Finance Magnates - 3 months ago
Futu Securities International, an online broker in Hong Kong, has introduced retail cryptocurrency trading in the city. The company now allows Hong Kong residents to trade bitcoin and ether directly on its platform using either Hong Kong or US dollar...
Cryptocoins News / Finance Magnates - 3 months ago
The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that...
Cryptocoins News / Finance Magnates - 3 months ago
Terra blockchain briefly halted operations on Wednesday before restarting it, following a $4 million exploit, Coindesk reported. This abrupt interruption resulted from a reentrancy attack that exploited a known vulnerability, leading to the theft of...
Cryptocoins News / Finance Magnates - 3 months ago
The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited āthree people with knowledge of the matter.ā...
Cryptocoins News / Finance Magnates - 3 months ago
The US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) charged Nader Al-Naji, the founder of the crypto social media platform BitClout, with wire fraud and the sale of unregistered securities. He was arrested last Saturday an...
Cryptocoins News / Finance Magnates - 3 months ago
When spot BTC ETFs went live in the US back in January, it wasnāt yet clear how they would perform, but there was a sense that their launch was an occurrence thatāif not exactly inevitableāhad been likely to occur at some point. In the case, though,...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin miner Argo Blockchain, listed on both Wall Street and the London Stock Exchange (LSE), has announced a Ā£6.5 million private placement agreement with an institutional investor. The deal involves the issuance of 57,800,000 ordinary shares at Ā£...
Cryptocoins News / Finance Magnates - 3 months ago
In the second quarter of 2024, Bitget Wallet experienced a significant 34% increase in new user adoption in Japan. Data from data.ai reveals that Bitget Wallet is now the second most downloaded Web3 wallet in Japan, just behind MetaMask.BWB Token Boo...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency exchange OKX has launched pre-market futures, which allow users to trade futures contracts with two-times leverage for upcoming tokens before they are sold to the public. Participating in Upcoming Token LaunchesAccording to the com...
Cryptocoins News / Finance Magnates - 3 months ago
HIVE Digital Technologies Ltd., the Bitcoin miner from Wall Street (Nasdaq: HIVE) announced plans to construct a 100-megawatt BTC mining operation in Paraguay, aiming to double its revenue and significantly boost its hashrate capacity.Wall Street Bit...
