Cryptocoins News / Finance Magnates - 1 year ago
Valkyrie, one of the providers of spot Bitcoin exchange-traded funds (ETF) in the US, has appointed BitGo as its second custodian for its Bitcoin Fund, BRRR. Valkyrie is diversifying the custody of its coins by leveraging BitGo's expertise alongside...
Cryptocoins News / Finance Magnates - 1 year ago
Zondacrypto has announced its sponsorship of Juventus F.C., one of Italy's most successful football clubs. The partnership, unveiled with anticipation by both parties, marks a stride in Zondacrypto's expansion into the Italian market while reinforcin...
Cryptocoins News / Finance Magnates - 1 year ago
Thailand's Securities and Exchange Commission (SEC) has directed Zipmex Company Limited to temporarily suspend its digital asset trading center and brokerage services. The SEC's decision against Zipmex reflects the company's ongoing struggle to addre...
Cryptocoins News / Finance Magnates - 1 year ago
Binance took action to freeze $4.2 million worth of XRP believed to be associated with the $112 million Ripple hack. This marks the largest cryptocurrency hack of 2024 thus far, stirring concerns within the digital asset community.XRP Ledger Foundati...
Cryptocoins News / Finance Magnates - 1 year ago
OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year.Another Failed...
Cryptocoins News / Finance Magnates - 1 year ago
The US federal prosecutors charged three individuals last month for their involvement in a $400 million hack of crypto exchange FTX using the SIM-swap technique. Although the court documents filed on January 24 named the crypto exchange "Victim Compa...
Cryptocoins News / Finance Magnates - 1 year ago
A Belarusian national is facing charges of money laundering conspiracy and running an unlicensed money services business, allegedly at the helm of the notorious digital currency exchange BTC-e. According to a report by the Office of Public Affairs at...
Cryptocoins News / Finance Magnates - 1 year ago
The institutional digital asset prime broker FalconX has partnered with Fusion Digital Assets, TP ICAP's wholesale spot crypto asset exchange based in the UK. This collaboration aims to provide FalconX access to competitive pricing and liquidity from...
Cryptocoins News / Finance Magnates - 1 year ago
The families of hostages and victims of Hamasâ barbaric attack on Israel on 7 October last year have filed a lawsuit against crypto exchange Binance for facilitating transactions for the terrorist groups in the region. The lawsuit also named Binanceâ...
Cryptocoins News / Finance Magnates - 1 year ago
A new survey from Bitget reveals bullish investor expectations around Bitcoin's upcoming "halving" event in April 2024. 84% of respondents predict Bitcoin surpassing its all-time high of $69,000 in the next bull run.Investor Sentiment Upbeat Ahead of...
Cryptocoins News / Finance Magnates - 1 year ago
The global financial information provider, SIX, has launched the new SIX Reference Rate Crypto and SIX Real-Time Crypto Indices, aiming to serve as benchmarks for AsiaNext's crypto derivatives trading platform and institutional investors worldwide.Th...
Cryptocoins News / Finance Magnates - 1 year ago
The collapsed crypto exchange FTX expects to repay its creditors fully, its bankruptcy lawyers revealed in court yesterday (Wednesday). However, the customersâ assets will be evaluated based on the fiat value of held crypto assets when the markets we...
Cryptocoins News / Finance Magnates - 1 year ago
Celsius Network, a crypto lender that went bankrupt in July 2022, will distribute over $3 billion of cryptocurrency and fiat to its creditors as the company emerges from bankruptcy. The plan also includes creating a Bitcoin mining company, Ionic Digi...
Cryptocoins News / Finance Magnates - 1 year ago
In a monumental stride toward the future of global finance, the United Arab Emirates (UAE) has achieved a historic feat by completing the first cross-border payment using the Digital Dirham. This groundbreaking transaction, initiated by Sheikh Mansou...
Cryptocoins News / Finance Magnates - 1 year ago
The rise in interest in digital assets has led to a significant increase in crypto sponsorships aimed at enhancing and nurturing brand loyalty among crypto enthusiasts. These strategic alliances boost visibility and build trust in this ever-changing...
Cryptocoins News / Finance Magnates - 1 year ago
Ouinex, an upcoming cryptocurrency exchange, is strengthening its regulatory position before launch as it recently received a Virtual Asset Service Provider (VASP) registration from the Polish Financial Supervision Authority (KNF), Finance Magnates h...
Cryptocoins News / Finance Magnates - 1 year ago
German authorities have confiscated 50,000 Bitcoins with a market value of about $2.17 billion, which is the countryâs âmost extensiveâ crypto seizure. The cryptocurrencies were linked to a German piracy website.âThis is the most extensive seizure of...
Cryptocoins News / Finance Magnates - 1 year ago
At the Finance Magnates London Summit 2023, industry leaders convened for a pivotal discussion on âBridging TradFi and Crypto: Work in Processâ, shedding light on the complexities and opportunities inherent in integrating these two distinct spheres....
Cryptocoins News / Finance Magnates - 1 year ago
Transak, a payments infrastructure provider for crypto and NFTs, has partnered with Visa. This collaboration aims to empower users globally, enabling them to convert their cryptocurrency holdings into local fiat currencies.Transak's presence across 3...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in the United States have busted the crypto Ponzi scheme called HyperFund that raised up to $1.89 billion from investors and brought civil and criminal charges against its Founder, Xue Lee (Sam Lee). The civil charges were brought by...
Cryptocoins News / Finance Magnates - 1 year ago
Mesh, a financial solution platform, has secured an investment from PayPal Ventures, marking a significant milestone in digital payments and stablecoin innovation. This step happens when digital payments are evolving with innovations reshaping how bu...
Cryptocoins News / Finance Magnates - 1 year ago
Bankrupt FTX significantly increased its cash holdings to $4.4 billion by the end of 2023 as the collapsed crypto exchange has moved towards repaying customers and creditors. The cash holding almost doubled from $2.3 billion at the end of October, ac...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) published two consultation papers today (Monday) seeking input from stakeholders on guidelines regarding reverse solicitation and the classification of crypto-assets as financial instruments under...
Cryptocoins News / Finance Magnates - 1 year ago
Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating that hacking remains a significant threat for crypto investors.Crypto H...
Cryptocoins News / Finance Magnates - 1 year ago
OKX has discontinued its crypto mining pool and related services. Starting January 26, 2024, registration of new users for these services will no longer be available. According to a statement by the crypto exchange, existing users will retain access...
