Cryptocoins News / Finance Magnates - 1 year ago
Digital Currency Group (DCG), the parent company of
Genesis Capital Global, aims to counter the claims of fraud raised by the
Winklevoss-owned Gemini Exchange. DCG has responded with a motion to dismiss
the allegations, terming them as a continuation...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's debtors have clashed with the Official Committee of Unsecured
Creditors (UCC) over the control of the asset of the collapsed cryptocurrency
exchange. The disagreement has been complicated by plans to relaunch the exchange's operations outside t...
Cryptocoins News / Finance Magnates - 1 year ago
A class action lawsuit involving Singapore state investor, Temasek and the collapsed American cryptocurrency exchange has gained momentum.
Recently, additional plaintiffs have been added to the lawsuit, intensifying
the scrutiny of the alleged violat...
Cryptocoins News / Finance Magnates - 1 year ago
After five
years since its inception and attracting 10 million users from nearly 170
countries, the popular multi-chain non-custodial crypto wallet, BitKeep, has
changed its name to Bitget Wallet. The decision comes in the wake of Bitget
acquiring Bi...
Cryptocoins News / Finance Magnates - 1 year ago
New concepts develop
continuously in a quickly expanding digital ecosystem, transforming industries
and challenging existing rules. NFTs (Non-Fungible Tokens) have taken center
stage among these developments, altering how we perceive ownership, creat...
Cryptocoins News / Finance Magnates - 1 year ago
Another
popular crypto exchange has joined the ranks of the digital asset companies that
were significantly impacted by the industry downturn in 2022. Bitstamp's
financial report was released this week summarizing the past year in reflection of the p...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) is planning
to move to court to challenge the ruling that granted Ripple Labs a partial win
against the agency. The SEC has reportedly written to a judge in Manhattan to
allow the federal court of appeal...
Cryptocoins News / Finance Magnates - 1 year ago
Even though
the prolonged period of cryptocurrency winter is behind us, digital asset
market companies still feel its adverse effects. The consolidation of Bitcoin
(BTC) and other asset prices, low network activity, and increasing mining
difficulty m...
Cryptocoins News / Finance Magnates - 1 year ago
Base, a
layer 2 blockchain created by Coinbase, the biggest cryptocurrency exchange
in the United States, went live for public access today (Wednesday).The move
comes as the publicly traded company, which is one of the largest digital asset
exchanges...
Cryptocoins News / Finance Magnates - 1 year ago
Base, a
layer 2 blockchain created by Coinbase, the biggest cryptocurrency exchange
in the United States, went live for public access today (Wednesday).This creation aims to reach 1 billion
people through
decentralised applications (DApps) built on...
Cryptocoins News / Finance Magnates - 1 year ago
Russia will begin testing digital ruble for real-world
use cases on August 15 with 13 banks and some of their clients. According to a
statement issued by the country's central bank, Russia will begin issuing the digital currency for broad use cases...
Cryptocoins News / Finance Magnates - 1 year ago
The world has
seen a spectacular boom in cryptocurrencies in recent years, altering the
financial environment. Traditional bitcoin mining, on the other hand, has
prompted worries about sustainability and energy use. As a result of these
issues, a new...
Cryptocoins News / Finance Magnates - 1 year ago
After
moving its global headquarters to the United Arab Emirates (UAE) and obtaining
a cryptocurrency license in Dubai, the cryptocurrency exchange, Bybit shared
another update related to a product enhancement. According to a press release
seen by Fi...
Cryptocoins News / Finance Magnates - 1 year ago
The oldest cryptocurrency exchange, Bitstamp is suspending
the trading of multiple tokens on its platform for users in the US.
In a statement issued yesterday (Tuesday), the exchange said without specifying the details that the decision was
due to...
Cryptocoins News / Finance Magnates - 1 year ago
The protection
of your digital assets is critical in the fast-changing world of
cryptocurrencies. Hardware wallets and cold wallets are two prominent
approaches for enhancing security. In this extensive post, we look into the
differences and definiti...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse's
future possibilities appear to be endless, enabling a virtual world in which
humans can immerse themselves in digital experiences and connect with others in
real-time. As technology advances, they have become a trendy issue,
capturing...
Cryptocoins News / Finance Magnates - 1 year ago
The metaverse
concept has enthralled the technology industry, promising a new era of digital
experiences and interactions. As this virtual environment emerges, it collides
with the realm of augmented reality (AR), blurring the distinction between the...
Cryptocoins News / Finance Magnates - 1 year ago
A former top executive of a subsidiary of FTX is reportedly in talks with federal prosecutors to plead guilty to charges
related to the collapsed cryptocurrency exchange. He has become the latest former executive to exit from FTX, Sam Bankman-Fried...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has obtained two licenses in El Salvador from the
country’s central bank and the commission in charge of digital assets. The acquisition of the additional licenses brings the total number of countries acknowledging the cryptocurrency
exchange...
Cryptocoins News / Finance Magnates - 1 year ago
One of the
oldest cryptocurrency exchanges, Bitstamp, plans to rebuild its image and retain its previous position as it seeks
new investors. The information was confirmed by its CEO, Jean-Baptiste
Graftieaux who revealed that the funds would be used...
Cryptocoins News / Finance Magnates - 1 year ago
The number
of cryptocurrency companies licensed by Singaporean authorities has just
significantly increased. This surge is attributed to TerraPay, a payment
service provider, and Blockchain.com, a platform that allows for the exchange
of digital asse...
Cryptocoins News / Finance Magnates - 1 year ago
The global
financial technology firm, PayPal, has launched a US dollar-denominated
stablecoin. The new offering, expected in the coming weeks, was launched in
collaboration with stablecoin issuer Paxos Trust Company.According to the
company’s state...
Cryptocoins News / Finance Magnates - 1 year ago
The global
financial technology firm, PayPal has launched a US dollar-denominated
stablecoin. The new offering, expected in the coming weeks, was launched in
collaboration with the stablecoin issuer, Paxos Trust Company.According to the
company’s s...
Cryptocoins News / Finance Magnates - 1 year ago
The hackers who exploited Curve Finance have returned 73%
of the tokens stolen from the decentralized finance (DeFi) platform. So far,
the amount of tokens returned is estimated at USD $53 million, according
to a report by a blockchain data analytics...
Cryptocoins News / Finance Magnates - 1 year ago
More than two months ago, cryptocurrency regulations in Hong Kong loosened
considerably, allowing retail traders back into the market. However, as it
turns out, the Securities and Futures Commission (SFC) has recently identified increased
improper ac...