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...
Cryptocoins News / Finance Magnates - 3 months ago
WazirX, the Indian cryptocurrency exchange that suffered a loss of $230 million in a cyberattack, has devised a controversial recovery plan that would impact all the platform's users, even those who were not affected by the attack. The platform did n...
Cryptocoins News / Finance Magnates - 3 months ago
Donald Trump, the 45th President of the United States and Republican nominee for the 2024 presidential election, attended the widely anticipated largest Bitcoin event, the Bitcoin 2024 Conference, today (Saturday). In a lengthy speech in Nashville, T...
Cryptocoins News / Finance Magnates - 3 months ago
Donald Trump, the 45th President of the United States and Republican nominee for the 2024 presidential election, attended the widely anticipated largest Bitcoin event, the Bitcoin 2024 Conference, today (Saturday). In a lengthy speech in Nashville, T...
Cryptocoins News / Finance Magnates - 3 months ago
bitFlyer Holdings Inc, a cryptocurrency exchange in Japan, has announced it has completed the acquisition of 100% of FTX Japanās outstanding shares, making it its wholly-owned subsidiary. This subsidiary will be rebranded under the bitFlyer name by A...
Cryptocoins News / Finance Magnates - 3 months ago
The Swiss Financial Market Supervisory Authority (FINMA) has today (Friday) released new guidance regarding the issuance of stablecoins. This document addresses default guarantees, associated risks, and FINMA's approach to regulating stablecoins. It...
Cryptocoins News / Finance Magnates - 3 months ago
The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return ā100 percentā of the distressed clientsā claims. However, it will calculate the value of the claims based on the date of the...
Cryptocoins News / Finance Magnates - 3 months ago
The emergence of a new asset is a once-in-a-life-lifetime opportunity for investors. After the first meltdown, crypto is hot again. TradFi has big plans for it.The unexpectedly swift approval of Ethereum ETFs by the SEC, marks a new wave of instituti...
Cryptocoins News / Finance Magnates - 3 months ago
The Nasdaq-listed Bitcoin mining company Marathon Digital has purchased $100 million worth of Bitcoin and announced that it will adopt a new strategy of holding the digital asset. This step brings the company's total holdings to 20,000 BTC.āHODLā App...
Cryptocoins News / Finance Magnates - 3 months ago
Cryptocurrency investors are constantly on the lookout for the next big opportunity. While Bitcoin and Ethereum often dominate the headlines, other digital assets have garnered significant attention and support. Among these are Dogecoin, Toncoin, and...
Cryptocoins News / Finance Magnates - 3 months ago
Riot Platforms (NASDAQ: RIOT), the third largest Bitcoin mining company by market capitalization, announced this week its acquisition of Kentucky-based Block Mining for $92.5 million. The deal immediately boosts Riot's hash rate and expands its geogr...
Cryptocoins News / Finance Magnates - 3 months ago
CB Payments Limited (CBPL) has been fined Ā£3,503,546 by the Financial Conduct Authority (FCA) for breaching a regulatory requirement. The fine is a result of CBPL's failure to comply with a rule that prevented it from offering services to high-risk c...
Cryptocoins News / Finance Magnates - 3 months ago
CB Payments Limited (CBPL) has been fined Ā£3,503,546 by the Financial Conduct Authority (FCA) for breaching a regulatory requirement. The fine is a result of CBPL's failure to comply with a rule that prevented it from offering services to high-risk c...
Cryptocoins News / Finance Magnates - 3 months ago
HSBC's Australian branch has informed customers that it has begun blocking payments to cryptocurrency exchanges starting July 24. The bank cited scams as the reason for this action.HSBC Blocks Crypto PaymentsIn a July 24 email to customers, HSBC Aust...
Cryptocoins News / Finance Magnates - 3 months ago
The Swiss-based digital asset banking group Sygnum announced today (Thursday) that it has achieved profitability in the first half of 2024. This was driven by strong growth across its core business segments. The company also revealed plans for an exp...
Cryptocoins News / Finance Magnates - 4 months ago
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has unveiled two new initiatives aimed at enhancing liquidity and facilitating large-scale transactions in the crypto market.On Wednesday, the platform introduced both a liq...
Cryptocoins News / Finance Magnates - 4 months ago
The highly anticipated spot Ethereum exchange-traded funds (ETFs) made their debut on U.S. exchanges, generating $1.08 billion in cumulative trading volume on their first day. Despite this impressive figure, the new products faced a mixed reception,...
Cryptocoins News / Finance Magnates - 4 months ago
A recent security breach at WazirX, resulting in a staggering $230 million loss, has sent shockwaves through India's cryptocurrency ecosystem. This incident has led to intense scrutiny of current security practices and crucial discussions about safeg...
Cryptocoins News / Finance Magnates - 4 months ago
Marathon Digital Holdings, Inc., the largest Bitcoin mining company by market capitalization, has been ordered to pay $138 million in damages following a unanimous jury verdict in a breach of contract lawsuit.Marathon Digital Hit with $138 Million Ve...
Cryptocoins News / Finance Magnates - 4 months ago
The Securities and Exchange Commission (SEC) has provided final approval to spot Ethereum exchange-traded funds (ETFs), which will follow the listing and trading of these instruments on three American exchanges on July 23.SEC Approves Ether ETFThe fi...
Cryptocoins News / Finance Magnates - 4 months ago
The defunct cryptocurrency exchange Mt. Gox is preparing to repay its creditors through the Bitstamp exchange, Cointelegraph reported, citing recent on-chain activities. The cryptocurrency exchange has reportedly executed test transactions that hint...
