Cryptocoins News / Finance Magnates - 7 months ago
Michael Novogratz’s Galaxy Digital Holdings has turned a profit of $296 million in 2023, recovering from a loss of $1 billion in the previous year, as the upward movement of cryptocurrency prices picked up.Q4 Was the Profit GeneratorInterestingly, th...
Cryptocoins News / Finance Magnates - 7 months ago
Portugal's data regulator, CNPD, has ordered Worldcoin to cease collecting biometric data in the country for 90 days, citing concerns over users' data protection rights. According to a report by Reuters, CNPD highlighted risks related to unauthorize...
Cryptocoins News / Finance Magnates - 7 months ago
US federal prosecutors announced charges against the crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the indictment, KuCoin operated in the US without proper regist...
Cryptocoins News / Finance Magnates - 7 months ago
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, has closed the final quarter of 2023 with a revenue of $214.5 million. With this, the annual revenue came in at $780.1 million, thus strengthening the firm’s cash re...
Cryptocoins News / Finance Magnates - 7 months ago
The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulatio...
Cryptocoins News / Finance Magnates - 7 months ago
The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulatio...
Cryptocoins News / Finance Magnates - 7 months ago
The US Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines and penalties from Ripple Labs, the crypto company’s CEO and Chief Legal Officer revealed with a social media post yesterday (Monday).Heavy Penalties on RippleAccor...
Cryptocoins News / Finance Magnates - 7 months ago
The renowned author of "Rich Dad Poor Dad," Robert Kiyosaki, has predicted that Bitcoin will reach $100,000 by September, thanks to Bitcoin halving. Kiyosaki, known for his insight on wealth and investment strategies, plans to accumulate 10 Bitcoins...
Cryptocoins News / Finance Magnates - 7 months ago
In a follow-up to the Stock Exchange Notice issued on March 11, 2024, the London Stock Exchange (LSE) has disclosed its intention to commence accepting applications for the admission to trading Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs)...
Cryptocoins News / Finance Magnates - 7 months ago
The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with th...
Cryptocoins News / Finance Magnates - 7 months ago
The Securities and Exchange Commission (SEC) of the Philippines has blocked the cryptocurrency giant Binance. This action was taken after the exchange was found to be operating an investment and trading platform without the necessary license, raising...
Cryptocoins News / Finance Magnates - 7 months ago
The new US spot bitcoin ETFs, which launched in January after gaining the SEC's approval, have dramatically shifted the crypto industry landscape, and appear to be in the process of altering traditional finance. In fact, the new ETFs have been unprec...
Cryptocoins News / Finance Magnates - 7 months ago
In an unexpected twist, it has been revealed that CommEX, a relatively unknown crypto platform, is preparing to suspend its services gradually, commencing on March 20, 2024, and culminating in a complete shutdown of website access by May 10, 2024. T...
Cryptocoins News / Finance Magnates - 7 months ago
The authorities in Nigeria have charged Binance and its two detained executives with four counts of tax evasion, multiple local media houses reported today (Monday). The charges came after reports of the escape of one of the detained executives.Binan...
Cryptocoins News / Finance Magnates - 7 months ago
The authorities in Montenegro released the Co-Founder of Terraform Labs, Do Kwon, from prison last Saturday as his extradition to South Korea was scrapped by the country's Supreme Court, according to a Bloomberg report. However, he cannot leave Monte...
Cryptocoins News / Finance Magnates - 8 months ago
N26 has launched N26 Crypto, a new cryptocurrency trading product aimed at optimizing the customer experience in France. This latest offering enables N26 customers in France to invest in over 200 cryptocurrencies directly through the N26 application....
Cryptocoins News / Finance Magnates - 8 months ago
The extradition of Terraform Labs’ Co-Founder, Do Kwon, to South Korea has hit a roadblock as Montenegro’s Office of the Supreme State Prosecutor challenged against the court order yesterday (Thursday).Another Twist in Do Kwon’s ExtraditionThe countr...
Cryptocoins News / Finance Magnates - 8 months ago
Hut 8's investors who incurred significant losses due to alleged securities fraud have the opportunity to lead a class action lawsuit against the firm. The period in question spans from November 9, 2023, to January 18, 2024, during which Hut 8 Corp....
Cryptocoins News / Finance Magnates - 8 months ago
Non-fungible tokens (NFTs) are unique digital assets that can represent anything from art and music to virtual land and gaming items. They have exploded in popularity and value in recent years, attracting the attention of celebrities, investors, and...
Cryptocoins News / Finance Magnates - 8 months ago
Cryptocurrency is simply digital currency, an online medium of exchange via blockchain technology. It’s encrypted , immutable, and decentralized. According to Statista, the global cryptocurrency market could grow from $51.5 billion in 2024 to $71.7 b...
Cryptocoins News / Finance Magnates - 8 months ago
OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.OK...
Cryptocoins News / Finance Magnates - 8 months ago
The Australian Securities and Investments Commission (ASIC) has permanently banned Brian Jacques Creigh, the Director of Panacea Capital Pty Ltd, from providing financial services or being involved in any financial services business. The decision com...
Cryptocoins News / Finance Magnates - 8 months ago
Dogecoin, based on an internet meme, is receiving a mainstream boost as Coinbase Derivatives plan to list futures of the meme coin on April 1. Alongside Dogecoin, the cryptocurrency exchange will enable futures trading with Litecoin and Bitcoin Cash....
Cryptocoins News / Finance Magnates - 8 months ago
A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ Co-Founder, Do Kwon, to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities in South...
Cryptocoins News / Finance Magnates - 8 months ago
Robinhood has announced the official launch of its cryptocurrency wallet for Android users. This move is set to broaden access to digital currencies for millions of potential users globally. The expansion to Android comes approximately a year after t...
