Cryptocoins News / Finance Magnates - 1 month ago
Webull Pay partnered with Coinbase in a deal that enables Webull Pay’s crypto services to run on Coinbase’s institutional-grade infrastructure. The agreement aims to offer staking, stablecoin rewards, and more trading options starting next month.Inst...
Cryptocoins News / Finance Magnates - 1 month ago
Advisers managing the bankruptcy of FTX are preparing to distribute $5 billion to the company’s creditors. This will be the second payout this year. The first round began in mid-February.In the February round, repaymentsstarted with customers in the...
Cryptocoins News / Finance Magnates - 1 month ago
A cyberattack that exploited insider access has forced Coinbase into damage control mode, triggering a potential $400 million hit and intensifying scrutiny on workforce security in the crypto industry. The hackers behind the breach reportedly stole s...
Cryptocoins News / Finance Magnates - 1 month ago
Algorithmic trading firm Wintermute has established its U.S. headquarters in New York City and appointed Ron Hammond, former Senior Director at the Blockchain Association, as Head of Policy and Advocacy, the company announced today (Thursday)Wintermu...
Cryptocoins News / Finance Magnates - 1 month ago
FalconX, a crypto prime broker, has formed a strategic partnership with global lender Standard Chartered to enhance its offerings for institutional clients. The partnership, announced today (Wednesday), highlights the increasing demand for digital as...
Cryptocoins News / Finance Magnates - 1 month ago
A once-restricted corner of the UK’s financial markets opened up this week as GFO-X, the country’s FCA-regulated crypto derivatives venue, completed its inaugural trade in London, the company announced today (Tuesday).The move marks a pivotal moment...
Cryptocoins News / Finance Magnates - 1 month ago
Recent uncertainty over changes in U.S. tariff policy are currently weighing on the value of the U.S. Dollar relative to other major currencies. The so-called “Trump tariffs” have also raised concerns that, long-term, these tariffs could threaten the...
Cryptocoins News / Finance Magnates - 1 month ago
Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a Canadian company that operates two regulated crypto trading platforms. The deal is valued at approximately C$250 million.WonderFi runs Bitbuy and Coinsquare, platforms that t...
Cryptocoins News / Finance Magnates - 1 month ago
Coinbase (Nasdaq: COIN) is set to join the S&P 500 index on 19 May 2025. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the...
Cryptocoins News / Finance Magnates - 1 month ago
The government of Dubai will soon allow residents and businesses to pay for government services using cryptocurrency. The move, made possible through a new partnership with global crypto platform Crypto.com, aims to embed digital assets in public fin...
Cryptocoins News / Finance Magnates - 1 month ago
BitGo secured regulatory approval to offer digital asset services across the European Union, marking a major step in its global expansion and signaling increased institutional interest in the region’s growing crypto market. With Germany’s BaFin grant...
Cryptocoins News / Finance Magnates - 1 month ago
Dutch trading platform One Trading has expanded its regulated crypto perpetual futures trading to retail investors in Germany, the Netherlands, and Austria, the company announced today (Monday).One Trading Expands MiFID II-Regulated Crypto Derivative...
Cryptocoins News / Finance Magnates - 1 month ago
Hidden Road, the crypto prime broker acquired by Ripple last month, has cemented its presence in the Middle East by securing an in-principle approval from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a regulated financial...
Cryptocoins News / Finance Magnates - 1 month ago
The long-running legal dispute between Ripple and the Securities and Exchange Commission (SEC) is finally over. The regulator confirmed yesterday (Thursday) that both parties have agreed to a settlement, which involves a $50 million penalty paid by t...
Cryptocoins News / Finance Magnates - 1 month ago
Alex Mashinsky, the Celsius founder, was sentenced to 12 years in prison for a scheme that unraveled billions in investor funds and trust, Bloomberg reported. Mashinsky, once a vocal promoter of Celsius Network’s sky-high returns, will now spend over...
Cryptocoins News / Finance Magnates - 1 month ago
Coinbase Global has agreed to buy Deribit, a major cryptocurrency derivatives exchange. The deal is valued at approximately $2.9 billion. Coinbase announced the acquisition on May 8, as Cointelegraph reported.Coinbase Announces Deribit Acquisition, P...
Cryptocoins News / Finance Magnates - 1 month ago
Crypto.com Exchange has joined the Lynq network as its first exchange partner, embracing real-time settlement and yield-on-transfer capabilities. According to the exchange, the partnership enables it to enhance how capital flows through crypto market...
Cryptocoins News / Finance Magnates - 1 month ago
Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), reported a loss of $153.6 million for the first quarter of 2025, a stark reversal from the $66.2 million profit recorded in the same period last year, as the company faced s...
Cryptocoins News / Finance Magnates - 1 month ago
The US Office of the Comptroller of the Currency (OCC), which regulates national banks, has clarified that institutions under its oversight can now buy and sell crypto assets on behalf of their customers. This update was confirmed in an interpretive...
Cryptocoins News / Finance Magnates - 1 month ago
Coinbase released internal U.S. Securities and Exchange Commission communications showing that New York's top law enforcement office urged the agency to classify Ethereum’s ether (ETH) as a security during its legal pursuit of crypto exchange KuCoin...
Cryptocoins News / Finance Magnates - 1 month ago
Revolut is collaborating with Lightspark to enable payments via the Bitcoin-based Lightning Network, a move that aims to streamline crypto transfers for users across the UK and select European countries. With traditional blockchain payments often con...
Cryptocoins News / Finance Magnates - 1 month ago
BurjX, a UAE-based digital asset brokerage, has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval brings the platform closer to launching as a fully regulated...
Cryptocoins News / Finance Magnates - 1 month ago
Cryptocurrency firm Tether has set its sights on artificial intelligence, a new project that combines open-source design, self-custody, and peer-to-peer payments. Its upcoming Tether AI platform aims to allow users to make direct transactions in Bitc...
Cryptocoins News / Finance Magnates - 1 month ago
Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of the Kyrgyz Republic. The agreement was finalized during the first meeting of the Council for the Development of Digital Assets, whi...
Cryptocoins News / Finance Magnates - 1 month ago
Despite being pushed out of the South Korean market earlier this year, crypto exchange KuCoin isn’t ready to give up on the region. The platform's newly appointed CEO, BC Wong, has made it clear that a return is not only possible but planned, though...
