Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Bybit has launched a regulated digital asset platform in the Netherlands. According to the firm, this step, in partnership with SATOS, aims to give Dutch users access to the exchange's Web 3 features. Dubbed Bybit.nl, the...
Cryptocoins News / Finance Magnates - 1 year ago
To reshape the landscape of the cryptocurrency industry in Indonesia, the Financial Services Authority (OJK) has announced that crypto firms will be subject to evaluation in a regulatory sandbox before they can obtain licenses to operate. This develo...
Cryptocoins News / Finance Magnates - 1 year ago
Although Bitcoin (BTC) has already gained nearly 70% in 2024, shares of Argo Blockchain, a cryptocurrency mining company publicly listed in London and the USA, are scraping the bottom, falling 55%.The company's solution to some of its problems and sh...
Cryptocoins News / Finance Magnates - 1 year ago
A federal judge in Manhattan has allowed the US Securities and Exchange Commission (SEC) to proceed with a lawsuit against Coinbase. While the court dismissed one of the regulator's claims, this latest decision paves the way for a potentially lengthy...
Cryptocoins News / Finance Magnates - 1 year ago
KuCoin witnessed a staggering $1 billion in crypto withdrawals within 24 hours, coupled with a decline of 20% in assets under management, following charges levied against the platform by US authorities. Data analysis from Nansen and Arkham Intelligen...
Cryptocoins News / Finance Magnates - 1 year ago
Okcoin Europe, the European branch of the cryptocurrency exchange OKX, recently received a fine of €304,000 from the Malta Financial Services Authority (MFSA) for failing to comply with local laws related to virtual assets.According to the MFSA, when...
Cryptocoins News / Finance Magnates - 1 year ago
Michael Novogratz’s Galaxy Digital Holdings has turned a profit of $296 million in 2023, recovering from a loss of $1 billion in the previous year, as the upward movement of cryptocurrency prices picked up.Q4 Was the Profit GeneratorInterestingly, th...
Cryptocoins News / Finance Magnates - 1 year ago
Portugal's data regulator, CNPD, has ordered Worldcoin to cease collecting biometric data in the country for 90 days, citing concerns over users' data protection rights. According to a report by Reuters, CNPD highlighted risks related to unauthorize...
Cryptocoins News / Finance Magnates - 1 year ago
US federal prosecutors announced charges against the crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the indictment, KuCoin operated in the US without proper regist...
Cryptocoins News / Finance Magnates - 1 year ago
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, has closed the final quarter of 2023 with a revenue of $214.5 million. With this, the annual revenue came in at $780.1 million, thus strengthening the firm’s cash re...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulatio...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulatio...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines and penalties from Ripple Labs, the crypto company’s CEO and Chief Legal Officer revealed with a social media post yesterday (Monday).Heavy Penalties on RippleAccor...
Cryptocoins News / Finance Magnates - 1 year ago
The renowned author of "Rich Dad Poor Dad," Robert Kiyosaki, has predicted that Bitcoin will reach $100,000 by September, thanks to Bitcoin halving. Kiyosaki, known for his insight on wealth and investment strategies, plans to accumulate 10 Bitcoins...
Cryptocoins News / Finance Magnates - 1 year ago
In a follow-up to the Stock Exchange Notice issued on March 11, 2024, the London Stock Exchange (LSE) has disclosed its intention to commence accepting applications for the admission to trading Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs)...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with th...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) of the Philippines has blocked the cryptocurrency giant Binance. This action was taken after the exchange was found to be operating an investment and trading platform without the necessary license, raising...
Cryptocoins News / Finance Magnates - 1 year ago
The new US spot bitcoin ETFs, which launched in January after gaining the SEC's approval, have dramatically shifted the crypto industry landscape, and appear to be in the process of altering traditional finance. In fact, the new ETFs have been unprec...
Cryptocoins News / Finance Magnates - 1 year ago
In an unexpected twist, it has been revealed that CommEX, a relatively unknown crypto platform, is preparing to suspend its services gradually, commencing on March 20, 2024, and culminating in a complete shutdown of website access by May 10, 2024. T...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in Nigeria have charged Binance and its two detained executives with four counts of tax evasion, multiple local media houses reported today (Monday). The charges came after reports of the escape of one of the detained executives.Binan...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in Montenegro released the Co-Founder of Terraform Labs, Do Kwon, from prison last Saturday as his extradition to South Korea was scrapped by the country's Supreme Court, according to a Bloomberg report. However, he cannot leave Monte...
Cryptocoins News / Finance Magnates - 1 year ago
N26 has launched N26 Crypto, a new cryptocurrency trading product aimed at optimizing the customer experience in France. This latest offering enables N26 customers in France to invest in over 200 cryptocurrencies directly through the N26 application....
Cryptocoins News / Finance Magnates - 1 year ago
The extradition of Terraform Labs’ Co-Founder, Do Kwon, to South Korea has hit a roadblock as Montenegro’s Office of the Supreme State Prosecutor challenged against the court order yesterday (Thursday).Another Twist in Do Kwon’s ExtraditionThe countr...
Cryptocoins News / Finance Magnates - 1 year ago
Hut 8's investors who incurred significant losses due to alleged securities fraud have the opportunity to lead a class action lawsuit against the firm. The period in question spans from November 9, 2023, to January 18, 2024, during which Hut 8 Corp....
Cryptocoins News / Finance Magnates - 1 year ago
Non-fungible tokens (NFTs) are unique digital assets that can represent anything from art and music to virtual land and gaming items. They have exploded in popularity and value in recent years, attracting the attention of celebrities, investors, and...
