Cryptocoins News / Finance Magnates - 1 year ago
Online bettors wagered some 45 million euros on the Rugby World Cup in just the first three weeks of play. In August, a record number of women around the globe bet on the FIFA Women’s soccer World Cup, the most-viewed women’s sporting event in histor...
Cryptocoins News / Finance Magnates - 1 year ago
Google has announced updates to its cryptocurrency-related advertising policy, permitting ads for crypto trusts starting January 29, 2024. This change aligns with the anticipated approval of spot Bitcoin exchange-traded funds (ETFs) in the United Sta...
Cryptocoins News / Finance Magnates - 1 year ago
Investors are swiftly withdrawing their assets from the cryptocurrency exchange HTX (formerly Huobi) after the exploit on November 22 that forced the exchange to halt services and incurred a loss of $30 million. Between November 25, when HTX resumed...
Cryptocoins News / Finance Magnates - 1 year ago
The Financial Intelligence Unit (FIU) in Cyprus is expecting a rise in Suspicious Transaction Reports (STRs) for cryptocurrencies following the island's adopted regulations for the digital asset industry. The Cyprus Securities and Exchange Commission...
Cryptocoins News / Finance Magnates - 1 year ago
Tether, the largest stablecoin issuer, is taking "proactive steps" to align its services with US sanctions policies and has announced a new "voluntary wallet-freezing policy." Although Tether did not reveal any numbers in last week's announcement, C...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Bybit has announced its Web3 vision on its fifth anniversary, with a focus on creating a decentralized ecosystem that is simpler, and equal for all.Web3 Integration: Bybit Aims to Connect and Unify Wallet SystemsBybit aims...
Cryptocoins News / Finance Magnates - 1 year ago
The UK's Financial Conduct Authority (FCA) has issued a warning advising individuals to exercise caution when dealing with LYKKE. The crypto exchange is being cautioned against due to its potential involvement in unauthorized financial promotions. Th...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin's (BTC) rise to 19-month highs in November caused retail investors to trade cryptocurrencies much more eagerly last month. This translated into the spot volumes of major crypto exchanges, which grew 58% to the highest levels in eight months.D...
Cryptocoins News / Finance Magnates - 1 year ago
On-chain governance changes how decisions are made in decentralized systems. Unlike traditional ways involving discussions off the blockchain, on-chain governance uses the blockchain for decision-making. This process is done through smart contracts,...
Cryptocoins News / Finance Magnates - 1 year ago
When institutions larger than the cryptocurrency ecosystem begin to wake up to the potential of crypto, it’s certainly food for thought. Can the ever-evolving world of crypto remain outside of mainstream adoption for much longer? Larry Fink, the CE...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, the largest crypto exchange in terms of trading volume, has withdrawn its bid for a collective investment fund. This application was previously submitted to the financial market regulator in Abu Dhabi. The decision to retract its bid stems f...
Cryptocoins News / Finance Magnates - 1 year ago
Changpeng Zhao, the Founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. This decision overruled Zhao's previous bail agreement that would have allowed...
Cryptocoins News / Finance Magnates - 1 year ago
FTX is preparing to unveil an updated plan for its reorganization by mid-December. This plan, aimed at compensating unsecured creditors, comes amid a surge in activity surrounding the crypto exchange's bankruptcy proceedings.In a letter addressed to...
Cryptocoins News / Finance Magnates - 1 year ago
The seismic entry of Robinhood into Europe's crypto space has set the stage for a transformative journey in the continent's financial landscape. Following the successful launch of a stock trading application in the UK, the platform has now extended i...
Cryptocoins News / Finance Magnates - 1 year ago
The Financial Conduct Authority (FCA) in the United Kingdom has included Poloniex, a crypto exchange, in its list of non-authorized companies. The FCA's warning, issued on December 6, emphasizes that unauthorized entities cannot promote financial ser...
Cryptocoins News / Finance Magnates - 1 year ago
BBVA Switzerland has entered into a collaboration agreement with the blockchain company Metaco to host its digital asset custody service on the Harmonize platform, marking a notable step in its crypto strategy. BBVA's Strategic Partnership with Metac...
Cryptocoins News / Finance Magnates - 1 year ago
HIVE Digital Technologies, a cryptocurrency mining and data center operator, has announced its Bitcoin (BTC) production from November and data center acquisition details. According to the latest numbers, the company mined 276.3 BTC last month, rising...
Cryptocoins News / Finance Magnates - 1 year ago
Robinhood (Nasdaq: HOOD) announced today (Thursday) that it had executed its expansion plans by launching crypto trading services in the European Union. Like US users, Europen customers of the platform will be able to trade over 25 crypto trading pai...
Cryptocoins News / Finance Magnates - 1 year ago
A US federal judge has accepted the guilty plea of former Binance’s CEO, Changpeng Zhao, for one count of anti-money laundering violations under the Bank Secrecy Act. However, the judge has not decided whether Zhao could return to his UAE residence b...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, in collaboration with the AEUR project team, has implemented a compensation plan for some of its users. This step was taken following Binance's decision to temporarily suspend spot trading for AEUR pairs like AEUR/USDT, BTC/AEUR, ETH/AEUR, a...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin's meteoric rise to $44,000 has taken a toll on short traders, with a staggering $90 million lost in a single day, compounding the $70 million in short liquidations the day prior. As the crypto market experiences rapid fluctuations, these deve...
Cryptocoins News / Finance Magnates - 1 year ago
In a defining move this year, PayPal has ignited a fervent dialogue within the crypto industry with the launch of its native stablecoin, PYUSD. This groundbreaking step, signaling a pivotal leap toward crypto adoption in mainstream finance, has trigg...
Cryptocoins News / Finance Magnates - 1 year ago
Israel-based AlgoZ, a digital asset management platform, has launched Algoz Quant Pro, aiming to eliminate counterparty risks faced by investors, Finance Magnates learned exclusively. The company tapped the services of a custody platform and is using...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase (Nasdaq; COIN) has simplified the process of crypto transfers by enabling the sending and receiving of digital currencies through links shared on messaging and social media platforms. Announced yesterday (Tuesday), the links can be shared on...
Cryptocoins News / Finance Magnates - 1 year ago
Asset management firms BlackRock and Bitwise have updated their filings for spot Bitcoin ETFs with the Securities and Exchange Commission (SEC). These amendments were made in response to the regulators' queries. According to a report by Coindesk, Bla...
