Cryptocoins News / Finance Magnates - 2 months ago
Cryptocurrency
exchange Bitget has inked a new partnership with Spain's top-tier football
league, LALIGA, becoming its official crypto partner for Eastern, Southeast
Asian, and Latin American regions. The collaboration, unveiled at the Token2049
even...
Cryptocoins News / Finance Magnates - 2 months ago
Fintech giant Revolut is planning to launch its own
stablecoin, Coindesk reported, citing sources familiar with the matter. With
plans to strengthen its crypto-asset offerings, the London-based firm aims to
join PayPal, Ripple, and BitGo in the highl...
Cryptocoins News / Finance Magnates - 2 months ago
The DLT Science Foundation (DSF) has announced its support
for the launch of the MiCA Crypto Alliance, which includes Hedera, Ripple, and
Aptos Foundation as founding members. This new association aims to facilitate compliance with the
European Union...
Cryptocoins News / Finance Magnates - 2 months ago
Prager Metis, the accounting firm that audited FTX, has agreed to pay $745,000 in civil penalties to settle misconduct allegations brought by the Securities and Exchange Commission (SEC) in connection with its audits of the now-collapsed crypto excha...
Cryptocoins News / Finance Magnates - 2 months ago
Global prime brokerage firm BlockFills has entered
into a partnership with New Change FX (NCFX) to introduce
NCFX’s benchmark data and analytics to BlockFills’ platform.Crypto Market InsightsAccording to the official announcement, the
integration pro...
Cryptocoins News / Finance Magnates - 2 months ago
Alex Mashinsky, the former CEO of Celsius, is seeking testimony from his former top executives in court as his criminal trial is set to start today (Tuesday). According to a memorandum filed on Friday by his lawyers, he has asked the court to allow s...
Cryptocoins News / Finance Magnates - 2 months ago
The
European cryptocurrency exchange One Trading (formerly known as Bitpanda Pro)
has just secured strategic funding from SC Ventures, the investment arm of
Standard Chartered. This coincided with the digital asset platform obtaining
new crypto autho...
Cryptocoins News / Finance Magnates - 2 months ago
Bybit, one of the top global crypto exchanges, has obtained a provisional license from the Dubai regulator, only two years after establishing its headquarters in the Middle Eastern city. This move brings the platform closer to becoming a fully licens...
Cryptocoins News / Finance Magnates - 2 months ago
Sam Bankman-Fried, the former crypto billionaire who was convicted of fraud and sentenced to 25 years in prison, has formally appealed his conviction and requested a new trial. In the 102-page appeal, the legal representatives of the FTX founder accu...
Cryptocoins News / Finance Magnates - 2 months ago
The United States Securities and Exchange Commission (SEC)
has expanded its lawsuit against Binance. The updated legal filings now include
a wider range of tokens, with Axie Infinity among those listed as securities.In the latest update to the SEC v....
Cryptocoins News / Finance Magnates - 2 months ago
Kraken, which is facing several allegations brought by the Securities and Exchange Commission (SEC), is now seeking a jury trial in the lawsuit against it, according to a court filing on Thursday. The exchange also argued that the existing legal fram...
Cryptocoins News / Finance Magnates - 2 months ago
MoonPay has been registered with the Australian Transaction
Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange
services in Australia. This registration may allow the company to establish local
payment processing relationships...
Cryptocoins News / Finance Magnates - 2 months ago
HTX has announced a collaboration with IBEX, a fintech
company promoting innovations on the Bitcoin Lightning Network. This
collaboration aims to promote faster, more affordable Bitcoin transactions
while targeting emerging markets, including Asia, L...
Cryptocoins News / Finance Magnates - 2 months ago
The
difficulty of mining Bitcoin (BTC) has surged to unprecedented levels,
intensifying competition among publicly listed cryptocurrency miners from Wall
Street and putting pressure on their profit margins. Despite the “miners go
BRRR” (reference to...
Cryptocoins News / Finance Magnates - 2 months ago
UK lawmakers introduced a bill in Parliament yesterday (Wednesday) that defines digital assets as “personal property” and categorises them as “things.” The proposed Property (Digital Assets etc) Bill would specify the category of digital holdings, in...
Cryptocoins News / Finance Magnates - 2 months ago
Commodity Futures Trading Commission (CFTC) has formed
partnerships with several organizations to raise awareness about cryptocurrency
relationship investment scams dubbed "pig
butchering." The regulator's Office of Customer Outreach and Education
(O...
Cryptocoins News / Finance Magnates - 2 months ago
Cryptocurrency
exchange Bitget has ramped up its regulatory compliance efforts with the recent
appointment of Hon Ng as its new Chief Legal Officer. Ng, who previously held a
similar role at industry giant Binance, brings a wealth of experience in
na...
Cryptocoins News / Finance Magnates - 2 months ago
Bitget
Wallet has reached a new milestone of 12 million monthly active users (MAUs), becoming
the most downloaded Web3 wallet in August 2024. The application was downloaded
nearly 2 million times last month, surpassing popular competitors such as Tru...
Cryptocoins News / Finance Magnates - 2 months ago
ENS Labs, the organization responsible for the Ethereum Name
Service (ENS), has announced integration with PayPal and Venmo. This move
allows users of these popular payment platforms to utilize their ENS names when
transferring cryptocurrency. The fe...
Cryptocoins News / Finance Magnates - 2 months ago
For many years, crypto has been fended off accusations of being a solution in search of a problem. Another way of putting it is that product-market fit is an issue, or that crypto needs a killer app. It’s worth distinguishing here also between bitcoi...
Cryptocoins News / Finance Magnates - 2 months ago
Standard Chartered announced today (Tuesday) that it has
started offering digital asset custody services in the United Arab Emirates.
Brevan Howard Digital, the digital asset division of the British hedge fund, is
the first client to use these servic...
Cryptocoins News / Finance Magnates - 2 months ago
Coinbase's legal troubles deepened last week after a
US judge allowed a class action lawsuit from shareholders to move forward. The
lawsuit claims the crypto exchange misled investors about its exposure to
regulatory risks, particularly from the US S...
Cryptocoins News / Finance Magnates - 2 months ago
Tokocrypto, a member of the Binance group, has been granted
the Physical Crypto Asset Trader (PFAK) license by Indonesia’s Commodity
Futures Trading Regulatory Agency (Bappebti). In 2024, Tokocrypto’s user base has expanded to over 4.5
million, and t...
Cryptocoins News / Finance Magnates - 2 months ago
At the end
of August, the court agreed with the Australian Securities and Investment
Commission (ASIC), confirming that the cryptocurrency exchange Kraken
violated local regulations by offering margin products to retail clients.
However, the company...
Cryptocoins News / Finance Magnates - 2 months ago
The Kazakhstan-based unit of Binance has received formal consent from the Astana Financial Services Authority (AFSA) to grant it a full regulatory licence, the crypto exchange announced today (Friday).Sealing Its Presence in KazakhstanWith this, it h...