Cryptocoins News / Finance Magnates - 6 months ago
OKX,
a Web3 technology company and cryptocurrency exchange, has unveiled an addition
to its services with the launch of 'Signal Trading'. This offering
introduces a bridge between signal providers and traders, providing an
automated trading marketpla...
Cryptocoins News / Finance Magnates - 6 months ago
Hut 8 Mining Corp. mined 112 Bitcoins in October
amid recent developments, including the merger with US Bitcoin Corp. The mining firm's output in the period was equal to a
daily production rate of around 3.6 Bitcoins.During October, Hut 8 sold 365 Bi...
Cryptocoins News / Finance Magnates - 6 months ago
To
enhance OTC trading capabilities, Digital Asset Management Limited (DAMEX), a payment
platform specializing in digital asset management, has integrated FM Liquidity
Match into its trading technology stack. Damex Direct: A Solution for
Digital Asse...
Cryptocoins News / Finance Magnates - 6 months ago
Within the
cryptocurrency industry, Bitcoin has earned the moniker "digital
gold," drawing comparisons with the actual precious metal. But the issue
remains: Is Bitcoin truly the digital counterpart of gold? In this post, we
will look at the features...
Cryptocoins News / Finance Magnates - 6 months ago
Kazakhstan blocked access to the cryptocurrency exchange
Coinbase’s website for alleged violations of the country’s laws on digital
assets. The officials from Kazakhstan’s Ministry of Culture and Information confirmed
the restriction today (Tuesday),...
Cryptocoins News / Finance Magnates - 6 months ago
In
a recent report by blockchain analytics firm 0xScope, a striking development in
the cryptocurrency exchange landscape has been unveiled. The report, released
on November 6, highlighted a significant decline in Binance's market share over
the past...
Cryptocoins News / Finance Magnates - 6 months ago
The Indian authorities have made eight fresh arrests in connection with a $300 million cryptocurrency scam that duped around 100,000 people, according to local news outlet The Times of India.Unrevealing of a Massive Crypto ScamFour police officers ar...
Cryptocoins News / Finance Magnates - 6 months ago
In the US, a report from the Office of Inspector General (OIG) has explained the difficulties faced by the Securities and Exchange Commission (SEC) in recruiting crypto asset specialists, resulting from requirements that new recruits to the agency se...
Cryptocoins News / Finance Magnates - 6 months ago
Silicon Valley's Proof Group, a renowned investment
firm, is bidding to relaunch FTX, the crypto exchange that shook the industry
when it collapsed nearly a year ago. Proof Group is part of the Fahrenheit Consortium, which successfully bid to acquire...
Cryptocoins News / Finance Magnates - 6 months ago
US regulators are set to overhaul settlement times
for securities trades next May. While this move is expected to have a positive
impact, it brings significant concerns for over $1 trillion in Exchange-Traded
Funds (ETFs). Market experts have warned...
Cryptocoins News / Finance Magnates - 6 months ago
Bitcoin, the
first cryptocurrency, is a topic of debate and speculation in the financial
world. Bitcoin has continually demonstrated endurance and growth since its
creation, despite its well-known price volatility and occasional setbacks. For starter...
Cryptocoins News / Finance Magnates - 6 months ago
Central Bank
Digital Currencies (CBDCs) have risen to prominence as a source of discussion
and controversy in the worlds of finance and central banking. These digital
representations of a country's national currency, which are issued and
regulated by...
Cryptocoins News / Finance Magnates - 6 months ago
The Bank of England (BoE) has published a discussion paper today (Monday), revealing its plans to regulate stablecoins, which pose a “significant risk to financial stability” and can “undermine public confidence in money and payments.”BoE Will Regula...
Cryptocoins News / Finance Magnates - 6 months ago
FTX,
the beleaguered cryptocurrency exchange currently navigating bankruptcy
proceedings, has petitioned the Delaware bankruptcy court to authorize the sale
of crucial trust assets worth approximately $744 million. These assets,
originating from cryp...
Cryptocoins News / Finance Magnates - 6 months ago
HIVE
Blockchain Technologies Ltd. (NASDAQ: HIVE), the Canadian publicly-listed
crypto mining company, has announced its unaudited production figures for
October 2023, showcasing a significant achievement in its Bitcoin mining
operations. The company,...
Cryptocoins News / Finance Magnates - 6 months ago
Hong Kong’s financial market regulator is evaluating the prospects of allowing retail investors access to spot crypto exchange-traded funds (ETFs), Julia Leung, the CEO of the Securities and Futures Commission, revealed.“We welcome proposals using in...
Cryptocoins News / Finance Magnates - 6 months ago
In an outcome that comes as no surprise to observers, Sam Bankman-Fried, the Founder and former CEO of the now-defunct crypto exchange FTX, has been found guilty on all seven charges that he faced during his trial. As a result, he now potentially fac...
Cryptocoins News / Finance Magnates - 6 months ago
The Financial Conduct Authority (FCA) has released
the latest data for the third quarter, highlighting its commitment to
countering misleading financial promotions and addressing unregulated
activities. In Q3, the FCA reviewed 1,211 financial promoti...
Cryptocoins News / Finance Magnates - 6 months ago
The
US Securities and Exchange Commission (SEC) has requested a summary judgment
from a federal judge in its case against Kwon Do-Hyung (Do Kwon) and Terraform Labs, in a move
aimed at avoiding a full trial. The SEC argued that there is "no genuine
d...
Cryptocoins News / Finance Magnates - 6 months ago
Ripple has announced the approval of its digital
asset XRP for use within the Dubai International Financial Centre (DIFC). This
decision marks a significant milestone for the blockchain and crypto solutions
firm as XRP becomes the first virtual asset...
Cryptocoins News / Finance Magnates - 6 months ago
The financial
world is vibrating with excitement after BlackRock, the world's largest asset
manager, submitted a proposal for a Bitcoin exchange-traded fund (ETF) to the
US Securities and Exchange Commission (SEC). If approved, this move could
herald...
Cryptocoins News / Finance Magnates - 6 months ago
Coinbase Global (Nasdaq: COIN) has managed to beat the market estimates with its third-quarter revenue of $674.1 million and an adjusted loss of $0.01 per share. However, shares of the crypto exchange plummeted nearly 5 percent due to the missed tota...
Cryptocoins News / Finance Magnates - 6 months ago
After a five-week trial, a New York jury found FTX's Founder and former CEO, Sam Bankman-Fried, guilty of all seven counts of fraud, conspiracy, and money laundering. The sentencing for this crime is yet to be scheduled, tentatively set for March 28...
Cryptocoins News / Finance Magnates - 6 months ago
The
Financial Conduct Authority (FCA) has updated its guidance for cryptoasset
firms, following recent legislative changes that bring crypto promotions
targeting UK consumers under its oversight. The new rules aim to enhance
consumer understanding of...
Cryptocoins News / Finance Magnates - 6 months ago
Stablecoins, as
opposed to extremely volatile cryptocurrencies such as Bitcoin and Ethereum,
are intended to have a steady value, sometimes tethered to a fiat currency such
as the US dollar. Because of this stability, stablecoins are increasingly bei...