Cryptocoins News / Finance Magnates - 8 months ago
The legal battle between Coinbase and the Securities and Exchange Commission (SEC) heated up as the crypto exchange moved to court to force the agency to begin a “long-overdue rulemaking process.”The Crypto Exchange’s Push for Clear RulesAccording to...
Cryptocoins News / Finance Magnates - 8 months ago
VanEck has announced a temporary reduction of its
management fee to zero. Despite its push for Bitcoin adoption, the asset
management firm behind the spot Bitcoin exchange-traded fund (ETF) named HODL, has
struggled to amass investments into the fund...
Cryptocoins News / Finance Magnates - 8 months ago
The US District Court for the Western District of Washington
has entered a final judgment against Sameer Ramani for engaging in insider
trading. Ramani was implicated in a scheme to trade ahead of multiple
announcements concerning at least nine crypt...
Cryptocoins News / Finance Magnates - 8 months ago
The
cryptocurrency market in Poland is set to face increased oversight as the
government moves to implement the European Union's Markets in Crypto-Assets
(MiCA) regulation into domestic legislation. The draft law, which aims to
regulate and supervise...
Cryptocoins News / Finance Magnates - 8 months ago
The
cryptocurrency market in Poland is set to face increased oversight as the
government moves to implement the European Union's Markets in Crypto-Assets
(MiCA) regulation into domestic legislation. The draft law, which aims to
regulate and supervise...
Cryptocoins News / Finance Magnates - 8 months ago
The year 2023 witnessed a staggering increase in cryptocurrency-related investment frauds, with a total loss of approximately $3.94 billion, marking a significant jump of 53 percent from the previous year. This data, as reported by the United States...
Cryptocoins News / Finance Magnates - 8 months ago
The UK's
market regulator will now permit certain authorized exchanges in the UK to
create special market segments where specific types of investment crypto products
can be bought and sold. However, these market segments will only be accessible
to pr...
Cryptocoins News / Finance Magnates - 8 months ago
The Spanish Data Protection Agency (AEPD) has taken decisive
action against Tools for Humanity Corporation, issuing a precautionary measure
to halt the collection and processing of personal data within the framework of
its Worldcoin project. The move...
Cryptocoins News / Finance Magnates - 8 months ago
The bankrupt cryptocurrency exchange Cryptopia is planning to return digital assets to its users affected by a cyberattack that occurred in 2019. Following a prolonged period of uncertainty and
legal proceedings, the New Zealand-based exchange aims t...
Cryptocoins News / Finance Magnates - 8 months ago
Concerning the fate of a cryptocurrency entrepreneur Do Kwon,
a Montenegrin court has ruled in favor of his extradition to his native South
Korea. The decision marks the latest twist in the legal saga that unfolded
following Kwon's arrest in the Balk...
Cryptocoins News / Finance Magnates - 8 months ago
With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin...
Cryptocoins News / Finance Magnates - 8 months ago
Binance has introduced a new platform that allows
users to earn rewards by accurately predicting upcoming token listings on the USD-denominated futures market. According to the press release, users can purchase
"Picks" for 1 USDT each at the NEXT Poo...
Cryptocoins News / Finance Magnates - 8 months ago
The rise of
Bitcoin (BTC) to historical highs has led the cryptocurrency exchange Bitget to
increase its number of clients to over 25 million and achieve a significant
jump in spot and futures volumes in February.Bitget’s User Base Surges
to 25 Milli...
Cryptocoins News / Finance Magnates - 8 months ago
Hut 8 (Nasdaq | TSX: HUT), a prominent cryptocurrency mining corporation, has shuttered its Bitcoin mining site in Alberta, Canada. Announced yesterday (Wednesday), the decision aligned with the company’s “ongoing restructuring and optimization initi...
Cryptocoins News / Finance Magnates - 8 months ago
Vancouver-based
crypto mining company HIVE Digital Technologies Ltd. (NASDAQ: HIVE) has announced an increase in
its Bitcoin production capacity and holdings for the month of February 2024. Although
production indicators have increased on a monthly b...
Cryptocoins News / Finance Magnates - 8 months ago
Revolut, the digital banking platform, has unveiled a
strategic collaboration with MetaMask, the self-custodial wallet, to introduce
a feature known as Revolut Ramp. This offering allows users to replenish their
MetaMask wallets directly from their R...
Cryptocoins News / Finance Magnates - 8 months ago
Bitstamp, a European cryptocurrency exchange, has secured
in-principle regulatory approval from the Monetary Authority of Singapore
(MAS). It positions Bitstamp as the first major European crypto exchange to
receive such approval in Singapore, signal...
Cryptocoins News / Finance Magnates - 8 months ago
Binance.US, the US-incorporated unit of Binance that operates independently from the global parent, laid off two-thirds of its staff, around 200 employees, following the actions of the Securities and Exchange Commission’s (SEC) action last year, Coin...
Cryptocoins News / Finance Magnates - 8 months ago
Bitcoin marked a historic milestone after its price
surpassed $69,000 today (Tuesday), according to Coinbase's data. This surge followed
a broader trend of heightened interest in Bitcoin, notably driven by the introduction of Bitcoin exchange-traded...
Cryptocoins News / Finance Magnates - 8 months ago
Nexo's entity based in Dubai, Nexo Services FZE, has secured the initial
approval from Dubai's Virtual Assets Regulatory Authority (VARA) to offer
lending, borrowing, investment, and broker-dealer services for virtual assets.
This marks the digital a...
Cryptocoins News / Finance Magnates - 8 months ago
Binance declared today (Tuesday) that it will terminate
all Nigerian naira services amidst an escalating legal battle with the Nigerian
government. The move comes as a blow to users and investors in Nigeria, a
country that has emerged as one of the w...
Cryptocoins News / Finance Magnates - 8 months ago
The
publicly-listed cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK), has entered into an agreement to sell its data center located in
Mirabel, Quebec for $6.1 million.It further disclosed its monthly mining output numbers, showing a decr...
Cryptocoins News / Finance Magnates - 8 months ago
Hong Kong's Securities and Futures Commission (SFC)
has flagged BitForex, a cryptocurrency exchange, for suspected fraud. The
exchange abruptly went offline on February 23, with $57 million reportedly missing
from its hot wallets.BitForex's sudden di...
Cryptocoins News / Finance Magnates - 8 months ago
Looking over the global crypto landscape, it seemed recently as though the UK wasn't keeping pace with other regions. In the US, the SEC finally approved spot Bitcoin ETFs, and the new products have enjoyed an explosive start, demonstrating sustained...
Cryptocoins News / Finance Magnates - 8 months ago
Twenty-Four companies have applied for licenses to operate
digital asset exchanges in Hong Kong, marking a move in the city's bid to
establish a regulated hub for the industry. Notable applicants include Bybit,
OKX, and Crypto.com.Hong Kong's Bid to...