Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency market surged in value from $1 trillion to $2.5 trillion from October 2023 to March 2024. This boost was driven by institutional interest and venture capital funding in the sector. Bybit and Treehouse Finance recently highlighted t...
Cryptocoins News / Finance Magnates - 1 year ago
The Bitcoin halving, an important event written into the cryptocurrency's code, is two days away. This event, which occurs roughly every four years, reduces the rewards for Bitcoin miners by half. The cryptocurrency community is abuzz with anticipati...
Cryptocoins News / Finance Magnates - 1 year ago
The recent introduction of Kraken Wallet has marked an advancement in cryptocurrency adoption. This self-custodial wallet is engineered to streamline on-chain transactions. Kraken Wallet emphasizes simplicity, security, and functionality, with the ov...
Cryptocoins News / Finance Magnates - 1 year ago
The Financial Markets Authority (FMA) of New Zealand has been actively combating fraudulent activity and scams in the country's financial markets. In a series of recent actions, the regulator has taken steps to protect consumers and maintain market i...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchanges have only nine months' supply of Bitcoin at current prices, with three days left to Bitcoin halving. According to the latest analysis by Bybit, with just 2 million Bitcoins remaining and a daily inflow of $500 million to spot...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission (CySEC) has yet again extended the suspension of the license of FTX (EU) Ltd, the locally regulated subsidiary of the now-collapsed cryptocurrency exchange.The Suspension of FTX’s EU LicenseAnnounced toda...
Cryptocoins News / Finance Magnates - 1 year ago
Senators Elizabeth Warren and Chuck Grassley demand a full accounting of the interactions between the Commodity Futures Trading Commission's (CFTC) Chairman, Rostin Behnam, and Sam Bankman-Fried (SBF), the convicted founder of the now-defunct cryptoc...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s Securities and Futures Commission has become the latest regulator to approve the first spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, the approvals of at least three offshore Chinese asset managers remain conditional.‘Co...
Cryptocoins News / Finance Magnates - 1 year ago
Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norwa...
Cryptocoins News / Finance Magnates - 1 year ago
R3, an enterprise distributed ledger technology and services firm, along with Quant, have been designated to develop the technology prototype for the experimental phase of the UK’s Regulated Liability Network (UK RLN). This initiative, spearheaded by...
Cryptocoins News / Finance Magnates - 1 year ago
Less than ten days remain until the most important event in the cryptocurrency sector: Bitcoin's halving. This event is expected to have a major impact on the sector due to recent developments surrounding the leading digital asset. Some of these deve...
Cryptocoins News / Finance Magnates - 1 year ago
The United Kingdom is gearing up to introduce new legislation for cryptocurrencies and stablecoins by June or July 2024, according to the Economic Secretary, Bim Afolami. Speaking at the Innovate Finance Global Summit on Monday, Afolami stated that t...
Cryptocoins News / Finance Magnates - 1 year ago
Landesbank Baden-Württemberg (LBBW), Germany's state-backed lender, has unveiled plans to venture into cryptocurrency custody services. In a strategic move, LBBW has announced a partnership with the Austrian exchange platform Bitpanda to facilitate t...
Cryptocoins News / Finance Magnates - 1 year ago
The blend of cryptocurrency and sports sponsorship has become crazier as Real Bedford, a non-league English football club, received $4.5 million investment in Bitcoin from Cameron and Tyler Winklevoss, the twins who founded the crypto exchange Gemini...
Cryptocoins News / Finance Magnates - 1 year ago
In Australia, a massive cryptocurrency investment scheme involving approximately US$41 million and over 450 investors has collapsed. The country’s financial market regulator successfully obtained a court order to appoint receivers for the digital cur...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the Founder and former CEO of the collapsed FTX, has challenged his conviction and sentencing for conspiracy and fraud by filing an appeal in court yesterday (Thursday). The appeal was filed just hours before the deadline.SBF Appea...
Cryptocoins News / Finance Magnates - 1 year ago
With Bitcoin being the best-performing asset of the year more often than not during the last 15 years, many investors want to gain exposure but doing so can be tricky.For retail and institutional investors alike, questions of regulatory and tax compl...
Cryptocoins News / Finance Magnates - 1 year ago
Matthew White, the CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), has voiced intentions to alleviate regulatory pressures on smaller cryptocurrency entities. Speaking at a regulatory panel during the Paris Blockchain Week, White acknowledg...
Cryptocoins News / Finance Magnates - 1 year ago
Bitget, one of the biggest cryptocurrency exchanges by volume, has released its Q1 2024 Transparency Report, revealing visible growth across various metrics. The report highlighted a 100% increase in both spot and futures trading volumes compared to...
Cryptocoins News / Finance Magnates - 1 year ago
In a comprehensive analysis of the cryptocurrency market, the European Securities and Markets Authority (ESMA) has revealed the highly concentrated nature of crypto trading and the potential risks it poses to the broader financial ecosystem. The repo...
Cryptocoins News / Finance Magnates - 1 year ago
In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new European General Manager. As part of this rebranding, OKX aims to unify its brand worldwide.OKX Expands European Presen...
Cryptocoins News / Finance Magnates - 1 year ago
Uniswap Labs is facing a potential enforcement action from the Securities and Exchange Commission (SEC). The regulator is considering taking legal action against the company behind the popular decentralized finance (DeFi) exchange Uniswap.In a blog p...
Cryptocoins News / Finance Magnates - 1 year ago
To facilitate cryptocurrency purchases for United Kingdom-based users, the crypto exchange Coinbase has announced the integration of Apple Pay functionality. This development allows users to buy Bitcoin and other digital assets directly through their...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong regulators are set to greenlight the inaugural batch of applications for spot Bitcoin exchange-traded funds (ETFs) in the upcoming week, potentially paving the way for these financial products to hit the market as early as April. Sources fa...
Cryptocoins News / Finance Magnates - 1 year ago
Steven Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6 billion lawsuit against the United States government. The lawsuit, filed under the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly pursued fal...
