Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency market has once again witnessed a sudden success and an even faster downfall, with Friend.tech being the leading player. Within two weeks, it became one of the highest-earning services in the decentralized finance sector while simu...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, the largest cryptocurrency exchange in terms of trading volume, stopped offering its Russian clients the option to pay through five sanctioned banks on its peer-to-peer (P2P) crypto trading platform, the Wall Street Journal reported. Binance...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency and non-fungible token (NFT) heists have flourished, leaving investors grappling with losses that have surpassed a staggering USD $26 billion to date. While existing trackers focus on crypto and NFT heists, a new frontier has emerg...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Treasury alongside the Internal Revenue Service (IRS) today (Friday) announced new proposed rules for 'brokers' such as crypto trading platforms, crypto payment processors and digital asset wallet providers. The agency noted that...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Treasury alongside the Internal Revenue Service (IRS) today (Friday) announced new proposed rules for 'brokers' such as crypto trading platforms, crypto payment processors and digital asset wallet providers. The agency noted that...
Cryptocoins News / Finance Magnates - 1 year ago
Customer data from the bankrupt crypto exchange, FTX, and insolvent digital asset lenders BlockFi and Genesis, were exposed earlier this month, Kroll, the vendor responsible for overseeing creditor claims for the insolvent businesses, confirmed today...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency landscape has captured the imagination of individuals and institutions all around the world, with its promise of decentralized finance and safe transactions. However, recent hacking instances have raised concerns about the security...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, the largest cryptocurrency exchange in the world by trading volume, in the past week has been reaching out to digital asset projects on its platform with smaller market capitalization and low-liquidity tokens. According to The Block, which f...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant move affecting the world of cryptocurrency and traditional finance, MasterCard and Binance have decided to end their partnership on crypto card programs in several countries. This decision reflects the challenges Binance is facing...
Cryptocoins News / Finance Magnates - 1 year ago
Lawyers defending Sam Bankman-Fried have been granted permission to conduct “unlimited” prison visits to the embattled Founder of bankrupt crypto exchange, FTX, who was jailed earlier this month, according to a court order seen by CoinDesk. The court...
Cryptocoins News / Finance Magnates - 1 year ago
Lawyers defending Sam Bankman-Fried have been granted permission to conduct 'unlimited' prison visits to the embattled Founder of bankrupt crypto exchange, FTX who was jailed earlier this month, according to a court order seen by CoinDesk. The court...
Cryptocoins News / Finance Magnates - 1 year ago
In recent years, the cryptocurrency environment has undergone extraordinary change, with one of the most significant transitions being the increased interest and participation of institutional players in the Bitcoin market. Bitcoin, long regarded as...
Cryptocoins News / Finance Magnates - 1 year ago
The financial environment is experiencing a technological revolution, with blockchain technology at the vanguard of this transition. While blockchain was primarily identified with cryptocurrencies, its promise stretches far beyond digital money. A no...
Cryptocoins News / Finance Magnates - 1 year ago
Five companies lost $2.8 billion due to a sudden drop in Bitcoin (BTC) and the broader cryptocurrency market last Thursday. According to data from AltIndex, the total market capitalization of publicly listed cryptocurrency miners fell 30% within a mo...
Cryptocoins News / Finance Magnates - 1 year ago
The embattled cryptocurrency exchange, Binance is discontinuing its crypto-backed debit card services in Latin America and the Middle East. While the exchange did not explicitly state the reasons for this move, it can be tied to the growing challen...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX has turned to Galaxy, owned by Mike Novogratz, for guidance and expertise on how to optimize the value of its substantial crypto holdings. FTX is planning to delve into crypto staking, hedging, and the sale o...
Cryptocoins News / Finance Magnates - 1 year ago
In 2022, as part of investment crimes in the United Kingdom, investors lost a staggering £750 million. Scammers often used phones in their activities and cold-called their potential victims, encouraging them to trade. The UK Treasury has just publish...
Cryptocoins News / Finance Magnates - 1 year ago
In the ever-changing cryptocurrency landscape, innovation is constant. Stablecoins stand out as a unique and exciting notion among the other innovations that have developed. While traditional cryptocurrencies such as Bitcoin and Ethereum are notoriou...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant move to expand the scope of virtual asset services in the Emirate of Dubai, the Virtual Asset Regulatory Authority (VARA) has published a revised Custody Services Rulebook. The updated regulations permit staking from custody services...
Cryptocoins News / Finance Magnates - 1 year ago
Amid the changing landscape of cryptocurrency regulations in the US, Bitstamp, one of the industry's oldest digital asset exchanges, is making a significant move by discontinuing its Ethereum (ETH) staking services for customers based in the US. Th...
Cryptocoins News / Finance Magnates - 1 year ago
B2C2, a London-based crypto liquidity provider, has paved its way toward Europe by acquiring the French market-making firm, Woorton. Announced today (Thursday), the acquisition will allow B2C2 to operate in the European Union with Woorton’s PSAN (pre...
Cryptocoins News / Finance Magnates - 1 year ago
Roman Semenov and Roman Storm, the Founders of Tornado Cash, a cryptocurrency mixer, have been charged with assisting criminals, including hackers linked to the North Korea-linked Lazarus Group, to launder over $1 billion in illicit funds. Storm was...
Cryptocoins News / Finance Magnates - 1 year ago
The Federal Bureau of Investigation (FBI) has traced over $40 million in stolen Bitcoin (BTC) funds this week to Lazarus Group, a hacking group linked to the North Korean government. The group, which uses malicious applications to target cryptocurre...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin is the pioneer and poster child in the fascinating world of cryptocurrencies. Bitcoin, in addition to being a digital money, runs on a revolutionary premise known as blockchain technology—a decentralized, transparent record system. This syste...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Binance has rolled out its Binance Pay service to the vibrant Brazilian crypto market. This initiative aims to provide Brazilian users with a cryptocurrency payment option that transcends the boundaries of the traditional...
