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...
Cryptocoins News / Finance Magnates - 2 years ago
In response to the intensified regulatory scrutiny in the cryptocurrency sector, Coinbase has fortified its global advisory council with four distinguished national security experts. This enhancement reflects the industry's urgent need to navigate re...
Cryptocoins News / Finance Magnates - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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...
