Cryptocoins News / Finance Magnates - 2 years ago
South Korea’s Bithumb is preparing to become the first cryptocurrency exchange in the country to be a publicly listed company, according to multiple local media reports. Interestingly, the listing aims not to raise funds but to enhance market trust i...
Cryptocoins News / Finance Magnates - 2 years ago
Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets to customers and outlined a new vision. This marks an important phase for the crypto lender...
Cryptocoins News / Finance Magnates - 2 years ago
Binance has officially announced its impending withdrawal from the Russian market. As part of this exit strategy, Binance will cease accepting deposits in Russian rubles (RUB) starting from November 15, 2023.Binance Sets Timeline for RUB WithdrawalUs...
Cryptocoins News / Finance Magnates - 2 years ago
In the ever-shifting terrain of the financial sector, a nuanced battle is unfolding as traditional banks and blockchain technology firms vie for supremacy in deposit acquisition. Established financial institutions, stalwarts of the industry, find the...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange Poloniex has fallen victim to a massive hot wallet hack, resulting in an estimated loss of a staggering $114 million. The exploit, flagged by blockchain security firms PeckShield and Cyvers, has prompted Poloniex to disabl...
Cryptocoins News / Finance Magnates - 2 years ago
Bakkt Holdings, Inc. (NYSE: BKKT) has unveiled its plan to expand its crypto capabilities into multiple international markets in collaboration with existing and newly-signed clients. The expansion is expected to be completed by the end of the year.Ba...
Cryptocoins News / Finance Magnates - 2 years ago
At the end of October, PayPal gained official approval from the Financial Conduct Authority (FCA) in the UK, to offer certain crypto services. At first glance, this looks like a positive development if you happen to think crypto adoption is a positiv...
Cryptocoins News / Finance Magnates - 2 years ago
OneCoin's Legal and Compliance Head, Irina Dilkinska, yesterday (Thursday) pled guilty to the charges of wire fraud and money laundering brought against her by the US federal prosecutors. She was arrested in Bulgaria and was extradited to the United...
Cryptocoins News / Finance Magnates - 2 years ago
The former Co-CEOs of Bitwise Industries Inc., a private technology services startup based in Fresno, California, have been charged by the Securities and Exchange Commission (SEC) for falsifying financial documents while raising approximately $70 mil...
Cryptocoins News / Finance Magnates - 2 years ago
In an era of relentless global disruptions, the call for resilient supply chains echoes louder than ever. This exploration delves into the transformative potential of blockchain on the supply chain network. We navigate the landscape of disruptions an...
Cryptocoins News / Finance Magnates - 2 years ago
Finery Markets has announced that Transfero, a major financial solutions provider in Latin America, has integrated FM Liquidity Match technology to improve its over-the-counter (OTC) cryptocurrency trading services. This collaboration aims to bolster...
Cryptocoins News / Finance Magnates - 2 years ago
The controversy surrounding the collapsed cryptocurrency exchange JPEX, has taken a new turn as Taiwanese prosecutors identify fresh suspects in the ongoing investigation. The Taipei District Prosecutors Office (TDPO) has reportedly requested the det...
Cryptocoins News / Finance Magnates - 2 years ago
The National Securities Market Commission (CNMV) of Spain has initiated sanctioning proceedings against Miolos S.L, marking the first case of violating crypto promotion rules in the country. The action stems from two "massive" advertisement campaigns...
Cryptocoins News / Finance Magnates - 2 years ago
Ripple is upgrading its crypto-enabled cross-border payments solution, also known as Ripple Payments. This offering is aimed at enhancing enterprise-grade blockchain infrastructure, making faster, cheaper, and more efficient cross-border payments acc...
Cryptocoins News / Finance Magnates - 2 years ago
The financial world is buzzing with enthusiasm over the concept of tokenization, with proponents advocating for the digitization of everything, from real estate to intellectual property. In their view, tokenization promises to revolutionize tradition...
Cryptocoins News / Finance Magnates - 2 years ago
In the ever-evolving world of cryptocurrency, Binance has taken a significant step by introducing a Web3 wallet designed to interact with the decentralized finance (DeFi) ecosystem. This announcement was made during the Binance Blockchain Week confer...
Cryptocoins News / Finance Magnates - 2 years ago
In the rapidly shifting landscape of modern finance, one technology has the potential to reshape the very essence of banking. Blockchain technology, with its decentralized architecture, is taking center stage, and it's time for banks to recognize the...
Cryptocoins News / Finance Magnates - 2 years ago
The Berlin-based fintech company Nuri has made a comeback in the cryptocurrency space after filing for insolvency in August and returning customer funds. The relaunch focuses on its core business of buying and selling cryptocurrencies, particularly B...
Cryptocoins News / Finance Magnates - 2 years ago
The European Union's banking watchdog has introduced rules for the regulation of cryptocurrency and stablecoin markets. The European Banking Authority (EBA) has proposed minimum capital and liquidity requirements for issuers of stablecoins and other...
Cryptocoins News / Finance Magnates - 2 years ago
As crypto shifts ever closer to the mainstream, in not only finance, but also in sectors as diverse as art, social networks, and gaming, it becomes increasingly important that regulatory requirements are addressed. This is a two-way process, in which...
Cryptocoins News / Finance Magnates - 2 years ago
The digital revolution has swiftly reshaped numerous industries, but perhaps none have experienced such rapid transformation as the video game sector. Web3 gaming is now in the spotlight, and investors and enthusiasts are left pondering: Is the Fear...
Cryptocoins News / Finance Magnates - 2 years ago
The Central Bank of the United Arab Emirates (CBUAE) and other regulatory bodies in the country have released new joint guidance for virtual asset service providers (VASPs) operating within the UAE. These guidelines include penalties for VASPs operat...
Cryptocoins News / Finance Magnates - 2 years ago
In a decisive stride to enforce market laws and regulations, the Commodity Futures Trading Commission (CFTC) has issued a comprehensive report detailing its enforcement activities for Fiscal Year 2023 (FY23). The report highlighted a landmark year fo...
Cryptocoins News / Finance Magnates - 2 years ago
Circle, the issuer of stablecoin USDC, is planning to make another attempt to go public by early 2024, Bloomberg reported. Last year, the Boston-headquartered company attempted a public listing with a reverse merger deal but failed.Circle’s Ambitions...
Cryptocoins News / Finance Magnates - 2 years ago
Binance has unveiled Web3 Wallet during the Binance Blockchain Week conference in Istanbul. This product aims to address the growing demand for an uncomplicated, secure, and user-friendly way to explore the world of Web3. Swapping Tokens and Explorin...
