Cryptocoins News / Finance Magnates - 1 year ago
Archax (the digital asset exchange, broker, and custodian regulated by the Financial Conduct Authority) has announced plans to enable investors to pair cryptocurrencies with tokenized money market fund (MMF) instruments. The company stated that this...
Cryptocoins News / Finance Magnates - 1 year ago
The global financial landscape is rapidly changing, owing in part to the rise of cryptocurrencies and blockchain technology. While several countries have taken a cautious yet progressive approach to digital assets, Hong Kong's position on retail stab...
Cryptocoins News / Finance Magnates - 1 year ago
The Financial Conduct Authority (FCA) has disrupted Binance's plans to adhere to the UK's new crypto marketing regulations. This occurred after its partner in the UK, Rebuildingsociety.com, was barred from approving crypto advertisements in the count...
Cryptocoins News / Finance Magnates - 1 year ago
As the case involving Sam Bankman-Fried (SBF) and his cryptocurrency exchange FTX enters its second week, his legal team has sought permission from Judge Lewis Kaplan to cross-examine Gary Wang, the Co-Founder of FTX, about the legal advice he receiv...
Cryptocoins News / Finance Magnates - 1 year ago
The United Kingdom's Financial Conduct Authority (FCA) has been in the forefront of regulating the cryptocurrency and digital asset industries to promote consumer safety and financial stability. The FCA has issued new restrictions that would affect t...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain data analyzed by Coinbase director Conor Grogan has raised questions about Alameda Research's redemption of over $38 billion in Tether (USDT) tokens in 2021. Grogan's findings suggest that Alameda may not have had equivalent assets under m...
Cryptocoins News / Finance Magnates - 1 year ago
The legal struggle between the SEC and Ripple Labs, the firm behind the cryptocurrency XRP, has been one of the most carefully followed cases in the cryptocurrency and blockchain world. The SEC's case, filed in December 2020, claims that Ripple sold...
Cryptocoins News / Finance Magnates - 1 year ago
“FTX creditors,” appealed to Sunil Kavuri on Twitter days after the ongoing trial of Sam Bankman-Fried started, adding: “never forget all the CT influencers that fawned over SBF, posted their FTX ref links, posted their fake screenshot P&Ls on FT...
Cryptocoins News / Finance Magnates - 1 year ago
Bitmain, a manufacturer of Bitcoin application-specific integrated circuits (ASICs), has temporarily suspended employee salary payments for September and beyond. The move was made as the company is facing financial difficulties. This includes a lack...
Cryptocoins News / Finance Magnates - 1 year ago
As the Israel-Gaza war entered the fourth day, the cyber unit of Israel Police's Lahav 433 is now focused on crippling the channels through which Hamas receives financial support. The cyber unit also received support from the National Headquarters fo...
Cryptocoins News / Finance Magnates - 1 year ago
Bitstamp has disclosed its ongoing discussions with three prominent European banks about assisting them in launching cryptocurrency services. These discussions are poised to bear fruit in the first quarter of the coming year.Bitstamp's Advanced Negot...
Cryptocoins News / Finance Magnates - 1 year ago
Binance users in Hong Kong have become the latest target of fraudsters, which has even forced the local police to issue a warning. In the last two weeks, at least 11 Binance customers in Hong Kong lost more than $446,000 (HKD 3.5 million) in a wave o...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has unveiled copy trading for its futures products in selected markets. This feature allows users to follow and replicate seasoned traders' trading portfolios and strategies. It allows users to become lead and copy traders simultaneously, fos...
Cryptocoins News / Finance Magnates - 1 year ago
The world of cryptocurrency has long been a source of interest and contention, with supporters applauding its potential for financial innovation and detractors worried about its usage in unlawful activities. One such concern that has lately gained at...
Cryptocoins News / Finance Magnates - 1 year ago
Deribit is planning to introduce options contracts for three major altcoins. In January, the cryptocurrency exchange for options will offer options trading for Solana's SOL, Ripple Labs' XRP, and Polygon's MATIC token. This expansion, as reported by...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchanges, including Binance and OKX, have embarked on measures to adhere to the United Kingdom's new Financial Promotions (FinProm) Regime, implemented by the Financial Conduct Authority (FCA) on October 8. The regulations aim to ensu...
Cryptocoins News / Finance Magnates - 1 year ago
The British financial market regulator was not idle over the weekend, adding 143 new entities to its warning list, primarily from the cryptocurrency sector. Notably, the updated Financial Conduct Authority (FCA) list includes well-known brands such a...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea's cryptocurrency exchange Upbit has been subjected to an astonishing 159,000 hacking attempts during the first half of 2023. It marks a significant rise in cyberattacks compared to previous years. Security Measures Reinforced: Upbit's Res...
Cryptocoins News / Finance Magnates - 1 year ago
Ahead of the implementation of the UK's newly updated Financial Promotions Regime, Binance has unveiled a dedicated domain for its users in the country. The crypto exchange has partnered with Rebuildingsociety.com Limited, a Financial Conduct Authori...
Cryptocoins News / Finance Magnates - 1 year ago
Gary Wang, a key witness for prosecutors in the trial of his former partner, Sam Bankman-Fried (SBF), revealed that he and SBF committed multiple financial crimes related to their oversight of the now-bankrupt crypto exchange, FTX. This admission, ac...
Cryptocoins News / Finance Magnates - 1 year ago
The UK Financial Conduct Authority (FCA) has granted Komainu the approval to operate as a custodian wallet provider, granting it access to the UK's crypto-custody market. This approval was obtained by the Nomura-backed crypto platform under the Money...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin, the world's first and most well-known cryptocurrency, has received a lot of attention due to its price volatility. While its price has fluctuated dramatically, many people worry whether Bitcoin's adoption and acceptance in mainstream banking...
Cryptocoins News / Finance Magnates - 1 year ago
Nexo is ending some of its crypto services for clients in the United Kingdom. This is in response to the upcoming regulatory changes imposed by the Financial Conduct Authority (FCA).According to a report by Coindesk, the crypto platform will phase ou...
Cryptocoins News / Finance Magnates - 1 year ago
Mining for cryptocurrency has always been an important part of the digital currency ecosystem. However, the method we mine cryptocurrencies has changed dramatically, with cloud mining emerging as a game changer. This essay will provide you a thorou...
Cryptocoins News / Finance Magnates - 1 year ago
Pascal Gauthier, the CEO and Chair of Ledger, has announced a significant staff reduction of 12%. The decision to cut positions was attributed to the challenging macroeconomic environment, particularly the impact of the bear market in 2022 as wel...
