Cryptocoins News / Finance Magnates - 4 months ago
The cryptocurrency exchange Bybit has announced its Web3 vision on its fifth anniversary, with a focus on creating a decentralized ecosystem that is simpler, and equal for all.Web3 Integration: Bybit Aims to Connect and Unify Wallet SystemsBybit aims...
Cryptocoins News / Finance Magnates - 4 months ago
The UK's Financial Conduct Authority (FCA) has issued a warning advising individuals to exercise caution when dealing with LYKKE. The crypto exchange is being cautioned against due to its potential involvement in unauthorized financial promotions. Th...
Cryptocoins News / Finance Magnates - 4 months ago
Bitcoin's (BTC) rise to 19-month highs in November caused retail investors to trade cryptocurrencies much more eagerly last month. This translated into the spot volumes of major crypto exchanges, which grew 58% to the highest levels in eight months.D...
Cryptocoins News / Finance Magnates - 4 months ago
On-chain governance changes how decisions are made in decentralized systems. Unlike traditional ways involving discussions off the blockchain, on-chain governance uses the blockchain for decision-making. This process is done through smart contracts,...
Cryptocoins News / Finance Magnates - 4 months ago
When institutions larger than the cryptocurrency ecosystem begin to wake up to the potential of crypto, it’s certainly food for thought. Can the ever-evolving world of crypto remain outside of mainstream adoption for much longer? Larry Fink, the CE...
Cryptocoins News / Finance Magnates - 4 months ago
Binance, the largest crypto exchange in terms of trading volume, has withdrawn its bid for a collective investment fund. This application was previously submitted to the financial market regulator in Abu Dhabi. The decision to retract its bid stems f...
Cryptocoins News / Finance Magnates - 4 months ago
Changpeng Zhao, the Founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. This decision overruled Zhao's previous bail agreement that would have allowed...
Cryptocoins News / Finance Magnates - 4 months ago
FTX is preparing to unveil an updated plan for its reorganization by mid-December. This plan, aimed at compensating unsecured creditors, comes amid a surge in activity surrounding the crypto exchange's bankruptcy proceedings.In a letter addressed to...
Cryptocoins News / Finance Magnates - 4 months ago
The seismic entry of Robinhood into Europe's crypto space has set the stage for a transformative journey in the continent's financial landscape. Following the successful launch of a stock trading application in the UK, the platform has now extended i...
Cryptocoins News / Finance Magnates - 4 months ago
The Financial Conduct Authority (FCA) in the United Kingdom has included Poloniex, a crypto exchange, in its list of non-authorized companies. The FCA's warning, issued on December 6, emphasizes that unauthorized entities cannot promote financial ser...
Cryptocoins News / Finance Magnates - 4 months ago
BBVA Switzerland has entered into a collaboration agreement with the blockchain company Metaco to host its digital asset custody service on the Harmonize platform, marking a notable step in its crypto strategy. BBVA's Strategic Partnership with Metac...
Cryptocoins News / Finance Magnates - 4 months ago
HIVE Digital Technologies, a cryptocurrency mining and data center operator, has announced its Bitcoin (BTC) production from November and data center acquisition details. According to the latest numbers, the company mined 276.3 BTC last month, rising...
Cryptocoins News / Finance Magnates - 4 months ago
Robinhood (Nasdaq: HOOD) announced today (Thursday) that it had executed its expansion plans by launching crypto trading services in the European Union. Like US users, Europen customers of the platform will be able to trade over 25 crypto trading pai...
Cryptocoins News / Finance Magnates - 4 months ago
A US federal judge has accepted the guilty plea of former Binance’s CEO, Changpeng Zhao, for one count of anti-money laundering violations under the Bank Secrecy Act. However, the judge has not decided whether Zhao could return to his UAE residence b...
Cryptocoins News / Finance Magnates - 5 months ago
Binance, in collaboration with the AEUR project team, has implemented a compensation plan for some of its users. This step was taken following Binance's decision to temporarily suspend spot trading for AEUR pairs like AEUR/USDT, BTC/AEUR, ETH/AEUR, a...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin's meteoric rise to $44,000 has taken a toll on short traders, with a staggering $90 million lost in a single day, compounding the $70 million in short liquidations the day prior. As the crypto market experiences rapid fluctuations, these deve...
Cryptocoins News / Finance Magnates - 5 months ago
In a defining move this year, PayPal has ignited a fervent dialogue within the crypto industry with the launch of its native stablecoin, PYUSD. This groundbreaking step, signaling a pivotal leap toward crypto adoption in mainstream finance, has trigg...
Cryptocoins News / Finance Magnates - 5 months ago
Israel-based AlgoZ, a digital asset management platform, has launched Algoz Quant Pro, aiming to eliminate counterparty risks faced by investors, Finance Magnates learned exclusively. The company tapped the services of a custody platform and is using...
Cryptocoins News / Finance Magnates - 5 months ago
Coinbase (Nasdaq; COIN) has simplified the process of crypto transfers by enabling the sending and receiving of digital currencies through links shared on messaging and social media platforms. Announced yesterday (Tuesday), the links can be shared on...
Cryptocoins News / Finance Magnates - 5 months ago
Asset management firms BlackRock and Bitwise have updated their filings for spot Bitcoin ETFs with the Securities and Exchange Commission (SEC). These amendments were made in response to the regulators' queries. According to a report by Coindesk, Bla...
Cryptocoins News / Finance Magnates - 5 months ago
Institutional investors are cautiously managing their crypto assets, allocating 45% to stablecoins, 35% to Bitcoin, and 15% to Ether, according to the latest report by Bybit. Interestingly, this client segment nearly doubled their Bitcoin holdings wi...
Cryptocoins News / Finance Magnates - 5 months ago
In the digital renaissance of Web3, where decentralized applications (DApps), non-fungible tokens (NFTs), and DeFi platforms are redefining interactions, storytelling emerges as a pivotal tool for marketers. Crafting compelling narratives is not just...
Cryptocoins News / Finance Magnates - 5 months ago
Obtaining a banking license in the UK offers a world of opportunities and advantages, but securing one is no mean feat. The process involves rigorous scrutiny by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), an...
Cryptocoins News / Finance Magnates - 5 months ago
In the ever-evolving landscape of global finance, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have embarked on an unprecedented journey. Together, they are diving into the realm of tokenizat...
Cryptocoins News / Finance Magnates - 5 months ago
The world of cryptocurrency is once again buzzing with excitement as Bitcoin, the flagship digital asset, surpassed the $40,000 mark, hitting its highest level in the last 18 months. This surge is attributed to a combination of factors, including gro...
