Cryptocoins News / Finance Magnates - 1 year ago
The Chief Executive Officer of OpenAI, Sam Altman, has highlighted his plans for Worldcoin, a cryptocurrency venture that aims to establish a worldwide identity and a financial network. This project, created by Tools For Humanity, has gained signific...
Cryptocoins News / Finance Magnates - 1 year ago
The Governor of the Bank of Korea, Rhee Chang-yong, emphasized the "urgency" for central banks to consider the introduction of central bank digital currencies (CBDC) in response to the challenges posed by stablecoins. Stablecoins like tether (USDT) a...
Cryptocoins News / Finance Magnates - 1 year ago
Fraudulent activities have shifted away from the cryptocurrency space, marking a significant decline of 51% in attacks. This change is largely attributed to the implementation of the Market in Crypto Asset (MiCA) regulation. With fraudsters finding i...
Cryptocoins News / Finance Magnates - 1 year ago
In its ambition to be a global crypto asset hub, the UK faces significant obstacles that threaten to impede progress in the crypto space. The dual challenge involves hurdles related to retail customer access to crypto products and the complexities su...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto custody and trading solutions company, Copper, has launched the market's first custodian-agnostic, scalable, and private digital asset settlement network. With over 600 live participants, this network enables institutional clients to settl...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency project SafeMoon has filed for bankruptcy in Utah Bankruptcy Court. With assets ranging between $10 million to $50 million and debts between $100,000 to $500,000, this bankruptcy filing has unveiled a dire financial situation in th...
Cryptocoins News / Finance Magnates - 1 year ago
The safety of cold crypto wallets is now in question following the cyberattack on Ledger, one of the popular cold crypto wallets, and the theft of $484,000 in digital currencies. Ledger explained that its security was breached as “a former employee f...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Justice (DoJ) has charged four American nationals for laundering more than $80 million obtained through crypto investment scams. The defendants allegedly opened shell companies and bank accounts to launder the ill-gotten proceeds...
Cryptocoins News / Finance Magnates - 1 year ago
There is a rising influx of capital into the cryptocurrency market, as highlighted by the consistent upsurge of the stablecoin Tether (USDT). This is according to a report released by KuCoin Research, which showcased that the correlation between the...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant stride toward mainstream cryptocurrency adoption, the Swiss city of Lugano has officially embraced Bitcoin and Tether for tax payments and various community fees. The announcement, made on December 5, underscores Lugano's commitment...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant stride toward mainstream cryptocurrency adoption, the Swiss city of Lugano has officially embraced Bitcoin and Tether for tax payments and various community fees. The announcement, made on December 5, underscores Lugano's commitment...
Cryptocoins News / Finance Magnates - 1 year ago
Intercontinental Exchange, Inc. (ICE) has partnered with Blockstream to introduce cryptocurrency options data to the ICE Consolidated Feed's offerings. This development addresses the need for transparency and market insights in the crypto space.This...
Cryptocoins News / Finance Magnates - 1 year ago
In a recent panel discussion, Kelvin Lee, the Head of the Philippine Securities and Exchange Commission (SEC), provided clarity on the impending ban on Binance, stating that the prohibition would be enforced three months after the advisory issued on...
Cryptocoins News / Finance Magnates - 1 year ago
Bitget Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea. The partnership aims to propel the development and expansion of the Linea ecosystem, marking a...
Cryptocoins News / Finance Magnates - 1 year ago
Decentralized Finance (DeFi) is like a revolutionary makeover for the financial world. Simply put, it's a way of doing finance using a blockchain technology system where people can interact directly without relying on traditional financial institutio...
Cryptocoins News / Finance Magnates - 1 year ago
“The SEC's approach is wrong, and I think that they're already paying for it," stated Dr. Zvi Gabbay, a partner and the head of the Capital Markets Department at the Barnea & Co. law firm, in a critical commentary on the US Securities and Exchang...
Cryptocoins News / Finance Magnates - 1 year ago
“The SEC's approach is wrong, and I think that they're already paying for it," stated Dr. Zvi Gabbay, a partner and the head of the Capital Markets Department at the Barnea & Co. law firm, in a critical commentary on the US Securities and Exchang...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase is expanding its global footprint by improving spot markets for perpetual futures traders to enhance the overall trading experience. The approach includes the strategic placement of servers worldwide to reduce latency. In the initial phase,...
Cryptocoins News / Finance Magnates - 1 year ago
The Co-Founder of the collapsed crypto lending platform Three Arrows Capital (3AC), Su Zhu, has been questioned in a court in Singapore. This investigation, as reported by Bloomberg, marked a significant step in the search for a solution by the compa...
Cryptocoins News / Finance Magnates - 1 year ago
Deutsche Bank's asset management arm, DWS, has joined forces with the crypto investment firm Galaxy Digital and the liquidity provider Flow Traders to introduce a joint venture focused on creating a EUR-denominated stablecoin. Bridging Traditional an...
Cryptocoins News / Finance Magnates - 1 year ago
Binance Holdings and its former CEO, Changpeng Zhao, have responded to the United States Securities and Exchange Commission's (SEC) move to incorporate Binance’s admission of guilt to the Department of Justice (DOJ) in its ongoing legal proceedings.B...
Cryptocoins News / Finance Magnates - 1 year ago
David Gilbert Saffron from Australia and Vincent Anthony Mazzotta Jr. from California face serious charges for allegedly masterminding a $25 million cryptocurrency Ponzi scheme. The indictment, having been unsealed by the US Department of Justice (D...
Cryptocoins News / Finance Magnates - 1 year ago
KuCoin has reached a settlement of USD $22 million with the state of New York and committed to ceasing its services for users in the region, according to an order filed in the Supreme Court today (Tuesday). The crypto exchange was charged for offerin...
Cryptocoins News / Finance Magnates - 1 year ago
As the financial landscape undergoes a transformative journey, blockchain technology and Central Bank Digital Currency (CBDC) are emerging as pivotal forces reshaping the way businesses and individuals engage in transactions. This revolutionary shift...
Cryptocoins News / Finance Magnates - 1 year ago
CoinMENA FZE, a subsidiary of CoinMENA B.S.C. (c), has obtained a Virtual Asset Service Provider (VASP) license for VA Broker-Dealer services from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows the company to operate and offe...
