Cryptocoins News / Finance Magnates - 2 years ago
The crypto exchange Bitget has introduced an upgraded copy trading system that will allow users to allocate investments and execute trades based on their total assets, the company announced today (Wednesday).Bitget Upgrades Copy Trading Feature to Al...
Cryptocoins News / Finance Magnates - 2 years ago
The trustee of the now-collapsed crypto exchange Mt. Gox appears to have decided to rehabilitate the victims with Bitcoin or Bitcoin Cash. In an email sent to some victims, the trustee asked for confirmation of their identity and account details with...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Exchange Commission (SEC) has revealed that the unauthorized post about approving spot Bitcoin exchange-traded funds (ETFs) on January 9 is related to a "SIM swap" attack. This tactic involves transferring a mobile phone number to...
Cryptocoins News / Finance Magnates - 2 years ago
A recent examination by FINRA uncovered a staggering 70% potential rate of violation of its retail communication regulations for crypto assets. This revelation has highlighted the need for stringent adherence to regulatory guidelines as firms navigat...
Cryptocoins News / Finance Magnates - 2 years ago
FTX's claims prices have experienced a remarkable surge, reaching almost 80 cents to the dollar, amid an anticipated hearing of a dispute between the bankrupt crypto exchange and its creditors. According to a report by Cointelegraph, FTX is advocati...
Cryptocoins News / Finance Magnates - 2 years ago
After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immedi...
Cryptocoins News / Finance Magnates - 2 years ago
The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypt...
Cryptocoins News / Finance Magnates - 2 years ago
A pivotal hearing unfolded in a Washington DC federal courtroom today (Monday), as Binance faced intense scrutiny from Federal Judge Amy Berman Jackson. Lawyers for Binance were pressed to defend their request for the dismissal of a high-profile laws...
Cryptocoins News / Finance Magnates - 2 years ago
Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of Grayscale Bitcoin Trust's (GBTC) shares. This unprecedented sell-off, att...
Cryptocoins News / Finance Magnates - 2 years ago
Terraform Labs, the company once known for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States, according to the documents filed yesterday (Sunday) with the Bankruptcy Court for the District...
Cryptocoins News / Finance Magnates - 2 years ago
The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by the convicted Sam Bankman-Fried. This decision, reversing a prior ruling, fo...
Cryptocoins News / Finance Magnates - 2 years ago
Norman Reed, the Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission's (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a fo...
Cryptocoins News / Finance Magnates - 2 years ago
While generalizations are often best avoided, it’s fair to say that a significant number of long-time Bitcoin believers are not fans of Davos get-togethers, or indeed of event organizers the World Economic Forum. This can be put down, in part, to Bit...
Cryptocoins News / Finance Magnates - 2 years ago
The Office of the President of the Republic of Korea is challenging the Financial Services Commission's (FSC) stance against spot Bitcoin exchange-traded funds (ETFs). This step arrived about a week after the FSC cautioned against trading US-based sp...
Cryptocoins News / Finance Magnates - 2 years ago
The trend that will shape the crypto and Web 3 space in 2024 is the role of AI as a game maker, which is the concept of using AI to generate, design, and develop games. It can provide various advantages for game-making, such as speed, scale, and dive...
Cryptocoins News / Finance Magnates - 2 years ago
Thailand's Securities and Exchange Commission (SEC) has announced the removal of investment restrictions on retail investors who engage in real estate-based digital tokens. The regulatory update, effective since January 16, comes after a public consu...
Cryptocoins News / Finance Magnates - 2 years ago
The United States Securities and Exchange Commission (SEC) has announced a 45-day extension to its deliberation period for asset manager Fidelity's Ether exchange-traded funds (ETFs). The regulatory body cited the need for sufficient time to evaluate...
Cryptocoins News / Finance Magnates - 2 years ago
Bitfinex, a digital asset trading platform, has partnered with Synonym to introduce a feature that simplifies and accelerates Lightning Network transactions. This collaboration aims to enhance customer experience by eliminating the complexities assoc...
Cryptocoins News / Finance Magnates - 2 years ago
The recently launched US Bitcoin exchange-traded funds (ETFs) have captured the attention of investors, drawing an impressive $1.9 billion in just the first three days of trading. According to a report by Reuters citing data from issuers and analysts...
Cryptocoins News / Finance Magnates - 2 years ago
The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs.No Place for Futures Bitcoi...
Cryptocoins News / Finance Magnates - 2 years ago
Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in...
Cryptocoins News / Finance Magnates - 2 years ago
Gemini has secured approval from the French regulator to launch its services in France. This significant development opens a new chapter for Gemini, allowing it to extend its offerings to retail and institutional clients in the European market. Gilli...
Cryptocoins News / Finance Magnates - 2 years ago
Nukkleus Inc. has announced the signing of a Memorandum of Understanding (MOU) yesterday (Tuesday), outlining plans for a significant increase in its holdings in Jacobi Asset Management. The collaboration with Jacobi, recognized as the sponsor of Eur...
Cryptocoins News / Finance Magnates - 2 years ago
Ark Investment Management LLC has invested $15.9 million in its recently-listed spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin ETF (ARKB). In a parallel move, the firm sold $15.8 million worth of shares in the ProShares Bitcoin Strateg...
Cryptocoins News / Finance Magnates - 2 years ago
In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to secur...
