Cryptocoins News / Finance Magnates - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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...
Cryptocoins News / Finance Magnates - 1 month ago
KuCoin has teamed up with Revolut to introduce a new
method for purchasing digital assets using euros. This collaboration enables
users to directly acquire various cryptocurrencies listed on the cryptocurrency
exchange through Revolut Pay.According t...
Cryptocoins News / Finance Magnates - 1 month ago
Marathon Digital Holdings has released its financial
results for the fourth quarter and fiscal year 2023, highlighting impressive
performance in revenue, net income, and BTC production.During the fourth quarter of 2023, Marathon Digital reported an
i...
Cryptocoins News / Finance Magnates - 1 month ago
A BlackRock
exchange-traded fund (ETF) investing in Bitcoin (BTC) saw record inflows of
$520 million on Wednesday, marking the largest daily intake for any US ETF
across asset classes so far this year.All this
comes as the price of BTC tests $64,000...
Cryptocoins News / Finance Magnates - 1 month ago
In recent years, the pharmaceutical industry has been undergoing a
transformative journey, with blockchain technology emerging as a cornerstone in
reshaping payment transactions and ensuring unprecedented traceability in the
drug supply chainBlockcha...
Cryptocoins News / Finance Magnates - 1 month ago
Bitcoin surpassed $60,000 yesterday (Wednesday). It also exposed the readiness of a top crypto exchange, Coinbase, as some of its services crashed due to massive demand. Many Coinbase users complained that their balance on the exchange dropped to zer...
Cryptocoins News / Finance Magnates - 1 month ago
Gemini Trust, owned and controlled by the Winklevoss twins, has settled with the New York State Department of Financial Services (DFS), committing to return $1.1 billion to the Earn customers, 100 percent of their locked-up holdings.Settlement amid M...
Cryptocoins News / Finance Magnates - 1 month ago
Two senior executives at Binance have been detained
in Nigeria as the country intensifies its efforts to curb speculation on its
currency, the Financial Times reported. This move followed Nigeria's recent ban
on several cryptocurrency trading website...
Cryptocoins News / Finance Magnates - 1 month ago
The cryptocurrency exchange Bybit has integrated
TradingView to enhance its users' trading experience. According to the
company, this step eliminates the hassle of switching between platforms,
providing users with direct access to spot and futures tr...
Cryptocoins News / Finance Magnates - 1 month ago
Bitget
Wallet, Asia's largest non-custodial Web3 wallet, has announced a new
partnership with Bitcoin Layer 2 company B2 Network. The collaboration will
give Bitget Wallet's over 15 million global users access to B2 Network's cross-chain
transactions...
Cryptocoins News / Finance Magnates - 1 month ago
The lawyer representing Sam Bankman-Fried, the Founder of
FTX, urged US District Judge Lewis Kaplan yesterday (Tuesday) to consider a
lenient sentence for his client's conviction related to the alleged
misappropriation of funds from customers of the...