Cryptocoins News / Finance Magnates - 1 year ago
<p>The high-profile collapse of FTX was more proof, if we needed any, that the crypto bull run is over. The extraordinary events of 2019 through to 2021, which included the COVID-boom of retail investors in crypto, created a crypto gold rush in...
Cryptocoins News / Finance Magnates - 1 year ago
<p>As the crypto cycles move on, it becomes clearer which protocols have lasting value and endurance, and which are less likely to maintain a long-term presence.</p><p> During cycle lows, there is an opportunity to assess the landsc...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Germany’s Federal Financial Supervisory Authority (BaFin) has urged consumers to beware of ‘Godfather’, a trojan virus that attacks Android-based banking and cryptocurrency apps. The regulatory authority announced...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Currently, a significant portion of the attention and resources in the industry are focused on scaling the usage of web3 technologies, such as reducing gas prices, increasing speed, and improving network bandwidth. Layer 2 blockchains, such...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">HIVE Blockchain Technologies (<a href="https://www.financemagnates.com/tag/hive-blockchain-technologies/" target="_blank" rel="follow">HIVE</a>), a publicly-listed <a h...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Digital Currency Group (DCG), a cryptocurrency conglomerate, is being probed by the United States Department of Justice's Eastern District of New York (EDNY) and the <a href="https://www.financemagnates.com/terms/s/securities-an...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. </p&g...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Aurelien Michel, a French national residing in the United Arab Emirates (UAE), was arrested on Wednesday evening and charged with defrauding investors, in his Mutant Ape Planet NFTs, of $2.9 million.</p><p>A criminal complaint un...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Letitia James, the Attorney General of the State of New York, has charged Alex Mashinsky, the Co-Founder of bankrupt crypto lender Celsius Network, with fraud.</p><p class="MsoNormal">In a la...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Letitia James, the Attorney General of the State of New York, has charged Alex Mashinsky, the Co-Founder of a bankrupt crypto lender Celsius Network, with fraud.</p><p class="MsoNormal">In a...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced o...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">The derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announc...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">The derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announc...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB) has argued in favor of regulation that recognizes “the speculative nature of unbacked crypto and treat them as gambling activities....
Cryptocoins News / Finance Magnates - 1 year ago
<p>The US <a href="https://www.financemagnates.com/terms/s/securities-and-exchange-commission-sec/" target="_blank" id="3718b4df-fc5f-479a-861e-f52759439c15_1" class="terms__main-term">Securities an...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Bitcoin, the oldest and largest cryptocurrency, closed last year with a loss of more than 60%. Additionally, the mining industry suffered from BTC's sharp price declines, with revenues falling 37.5% in 2022 t...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal text-align-justify">American cryptocurrency exchange, Coinbase, has agreed to pay $100 million to settle the lapses that the New York Department of Financial Services (NYDFS) found in its anti-money laundering (AML...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal text-align-justify">The Israel Securities Authority (ISA) has published a proposal that seeks to amend the applicability of the country’s securities laws to crypto and digital assets. The national securities regula...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Despite the yearly inflows worth $433 million in 2022, the overall condition of global crypto assets under management (AUM) has turned out to be one of the worst since the last bear market of 2018.</p><p&...
Cryptocoins News / Finance Magnates - 1 year ago
<p>AAVE functions as a crypto version of banks in terms of <a href="https://www.financemagnates.com/cryptocurrency/what-will-be-the-future-of-crypto-lending/" target="_blank" rel="follow">borrowing and lendi...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Sam Bankman-Fried, the Founder and former CEO of FTX, pleaded "not guilty" in a New York court on Tuesday to eight counts of criminal charges brought against him by the US prosecutors. His "not guilty" plea was expected,...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal text-align-justify">Upbit, a South Korea-based crypto exchange, has signed a back-of-shirt partnership agreement with the Italian football club SSC Napoli. The deal will remain active until the end of the 2023/24 s...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Ask around and you’ll find that crypto participants are, on the whole, tremendously glad to see the back of 2022.</p><p>This is not to say that 2023 might not also bring shocks, anything can happen, right now, but the year just p...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Bitfarms (<a href="https://www.financemagnates.com/tag/bitfarms/" target="_blank" rel="follow">NASDAQ:BITF</a>), a cryptocurrency mining company, has published its latest...
Cryptocoins News / Finance Magnates - 1 year ago
<p>On Monday, Cameron Winklevoss, the Co-Founder of the crypto exchange Gemini, accused the CEO of Digital Currency Group, Barry Silbert, of “bad faith stall tactics” in resolving the payment of a $900 million debt.</p><p>Winklevoss...
