Cryptocoins News / Finance Magnates - 2 years ago
A US court has sentenced Gary James Harmon, the brother of the crypto mixing service Helix operator, to four years and three months in prison, for stealing over 712 bitcoin, which were subject to forfeiture in a then-pending criminal case.
Theft from...
Cryptocoins News / Finance Magnates - 2 years ago
Bitget, a crypto
derivative and copy trading provider, is joining forces with Fetch.ai, an
artificial intelligence (AI) blockchain platform. Bitget has committed $10
million to support the growth of the Fetch.ai ecosystem. The news
comes moments af...
Cryptocoins News / Finance Magnates - 2 years ago
Initial coin offering (ICO)-bound Ouinex, an upcoming cryptocurrency exchange, announced its partnership with Interactive Trading (IVT), a France-based trading academy hosting a community of 150,000 active traders.
Key Partnerships Before the ICO
The...
Cryptocoins News / Finance Magnates - 2 years ago
GCEX, Lars Holst-headed digital prime brokerage, expanded its partnership with the custody platform Komainu to offer staking services to its institutional and professional clients.
GCEX Expands Komainu Partnership
Komainu is a joint venture between t...
Cryptocoins News / Finance Magnates - 2 years ago
Kraken has expanded the offerings of its Pro platform by adding futures trading capabilities, the crypto exchange announced on Wednesday. It has added over 90 perpetual futures as the newest instruments on the platform.
Expanding Services of Kraken P...
Cryptocoins News / Finance Magnates - 2 years ago
Twenty-six-year-old Esteban
Cabrera Da Corte, the leader of a Miami crew, has pleaded guilty to defrauding
US banks and 'a leading cryptocurrency exchange' of over $4 million through fraudulent reversals. US prosecutors on Wednesday said Da Corte dep...
Cryptocoins News / Finance Magnates - 2 years ago
FTX and its debtors announced on Tuesday the sale of its crypto derivatives exchange subsidiary LedgerX to M7 Holdings, an affiliate of Miami International Holdings (MIH), for a total consideration of about $50 million.
FTX Offloads LedgerX to Miami...
Cryptocoins News / Finance Magnates - 2 years ago
Binance.US, the American arm of the largest global crypto exchange, has backed out of the $1 billion deal to purchase digital assets from the bankrupt crypto brokerage, Voyager Digital. The decision came within a week of US federal regulators droppin...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has filed a suit
against the Securities and Exchange Commission (SEC) for failing to respond to
its July 2022 petition that asked the US securities watchdog to provide
guidance for the cryptocurrency industry using its formal rulemaking proc...
Cryptocoins News / Finance Magnates - 2 years ago
The UK
cryptocurrency market is not only one of the largest in the world, but also the
fastest growing. According to data presented by Statista, it is expected to be
worth $1.89 billion in 2023, rebounding more than 125% from cyclical lows that
the b...
Cryptocoins News / Finance Magnates - 2 years ago
Binance, the largest cryptocurrency by trading volume, has quietly lifted its service restrictions for Russian users that were implemented last year following the breakout of the Russia-Ukraine war.
Is Binance Going against the EU?
According to a rep...
Cryptocoins News / Finance Magnates - 2 years ago
Gemini, the
cryptocurrency exchange founded and operated by the Winklevoss twins, has
announced the launch of a non-US crypto derivatives platform dubbed Gemini
Foundation. In response to regulatory pressure in the United States, another
platform has...
Cryptocoins News / Finance Magnates - 2 years ago
It all started with Taproot, the most ambitious upgrade in Bitcoin's history that went live in November 2021, the first major upgrade since the Segregated Witness (SegWit) update in 2017.The Taproot upgrade significantly improved the efficiency, scal...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto has endured constant sniping and attacks through the years, denigrated, at times, as nothing more than a scam, a Ponzi scheme, or a shady conduit by which criminals can channel illicit funds. Is the crypto industry, in fact, a fraudulent enter...
Cryptocoins News / Finance Magnates - 2 years ago
European Union (EU) lawmakers
have voted in favour of the Markets in Crypto-Assets (MiCA) regulation, making
Europe the first major jurisdiction to introduce a comprehensive law to
regulate the emerging digital assets industry. On
Thursday, the Europ...
Cryptocoins News / Finance Magnates - 2 years ago
The Financial Services and
Markets Authority (FSMA), Belgium’s financial markets watchdog, starting May 17,
2023, will begin enforcing a new regulation aimed at monitoring advertisements (ads) targeted at consumers in Belgium. This comes after the re...
Cryptocoins News / Finance Magnates - 2 years ago
The recent rise
in popularity of non-fungible tokens (NFTs) has opened up a new world of
digital art and collectibles investing. NFTs are one-of-a-kind digital assets
that are maintained on a blockchain and serve as proof of ownership and
validity. T...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto
derivatives and copy trading platform, Bitget, has successfully secured its registration in Lithuania, allowing the company to provide crypto-related
services in the region in accordance with local regulations.Bitget Joins Lithuanian Booming
C...
Cryptocoins News / Finance Magnates - 2 years ago
Ouinex, a crypto exchange under development led by the FX industry veteran Ilies Larbi, has announced a strategic partnership with GDA International, a Web3 investing and capital markets advisory firm supporting early-stage digital asset projects. Th...
Cryptocoins News / Finance Magnates - 2 years ago
American crypto exchange Coinbase has expanded in international presence by obtaining a new regulatory license from Bermuda Monetary Authority (BMA), an official blog post revealed on Wednesday.
New Upcoming Coinbase Derivatives Exchange?
The Class F...
Cryptocoins News / Finance Magnates - 2 years ago
The
Securities and Commodities Authority (SCA), which oversees financial markets in
the United Arab Emirates (UAE), announced this week that it has begun accepting
license applications for cryptocurrency services. This
follows the approval of regulat...
Cryptocoins News / Finance Magnates - 2 years ago
Luna, a Digital Currency
Group-owned cryptocurrency exchange, is winding down its operations in
Singapore. On Monday, the London-based exchange said it will stop
offering its services in the Southeast Asian country starting from June 20,
2023. Luno’s...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain-based
remittance services are a rapidly growing sector of the fintech industry,
providing a new and innovative way to transmit money across borders swiftly,
securely, and affordably. We will look at
the possibilities of blockchain-based re...
Cryptocoins News / Finance Magnates - 2 years ago
The news of the tie-in of Twitter and eToro has made a splash in the tech space, indicating Musk's ambitions to create the "everything app". In the retail trading industry, many were curious about the nuts and bolts of the deal, which can be meaningf...
Cryptocoins News / Finance Magnates - 2 years ago
Israel’s apex monetary
authority, the Bank of Israel, has listed several conditions that can speed up its
decision to launch the digital shekel (SHAKED), the country’s central bank digital currency (CBDC). Issuance of CBDCs by other developed countri...