Cryptocoins News / Finance Magnates - 1 year ago
The US Federal Deposit Insurance Corp. (FDIC) has ordered OKCoin to remove misleading statements that suggest that its customers' accounts were insured through the government agency. FDIC issued the order on Thursday in a letter addressed to the exch...
Cryptocoins News / Finance Magnates - 1 year ago
BlackRock, the world's largest fund manager, filed for a spot Bitcoin exchange-traded fund (ETF) yesterday (Thursday). The application came when the Securities and Exchange Commission (SEC) brought lawsuits against Coinbase and Binance, two big crypt...
Cryptocoins News / Finance Magnates - 1 year ago
The Texas State Securities Board has issued an emergency cease and desist order against the crypto lender, Abra, alleging that the company had been insolvent since at least 31 March 2023. Abra Faces Enforcement Action According to the US state regula...
Cryptocoins News / Finance Magnates - 1 year ago
The US affiliate of Binance has laid off around 50 staff across a few divisions in the latest round of reducing its workforce, Reuters reported citing two anonymous sources. A Massive Layoff Round at Binance.US The report detailed that the laid-off s...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have received a lot of interest in recent years because they provide a decentralized and digital form of money. However, widespread acceptance continues to be a struggle. Allowing consumers to earn digital assets is one potential met...
Cryptocoins News / Finance Magnates - 1 year ago
An Israeli crypto entrepreneur was reportedly robbed of his digital assets at gunpoint in his Tel Aviv home two weeks ago, according to the Israeli financial site, Globes on Wednesday. The entrepreneur, whose identity has not been revealed, told poli...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s central bank is reportedly pushing HSBC, Standard Chartered, and the Bank of China, to accept cryptocurrency companies as clients, the Financial Times reported today (Thursday), citing three people familiar with the matter. The Hong Kong...
Cryptocoins News / Finance Magnates - 1 year ago
OKX, one of the largest crypto exchanges by trading volumes, has announced that it has been granted a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA). With the newly obtained authorization, O...
Cryptocoins News / Finance Magnates - 1 year ago
The South Korea-based digital asset company, Delio has temporarily suspended withdrawals over what it termed as a 'sharp increase in market volatility and confusion among investors'. This was after Haru Invest, another digital asset company, suspende...
Cryptocoins News / Finance Magnates - 1 year ago
Binance crypto exchange has expanded its offerings by launching new subscription-based cryptocurrency mining products for users outside the United States. Bitcoin Cloud Mining by Binance “Binance is launching a new batch of Cloud Mining products for...
Cryptocoins News / Finance Magnates - 1 year ago
Canton Network, 'a network of networks', is striving to become the most suitable blockchain for financial institutions. Some of the network's participants are SBI Digital Asset Holdings, Goldman Sachs, Microsoft, Deloitte, BNP Paribas, ASX, and other...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency brokerage firm, Floating Point Group (FPG) has suspended all activities on its platform, including trading, withdrawals, and deposits, following a cyberattack on June 11 that resulted in an estimated loss of between $15 million to...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchange Binance, which obtained its 7th regulatory license in the European Union region in January, has applied for the deregistration of its local unit in Cyprus. The exchange gained a Cypriot license to operate as a crypto asset ser...
Cryptocoins News / Finance Magnates - 1 year ago
The UK arm of cryptocurrency exchange, Bitstamp, has been registered by the Financial Conduct Authority (FCA) as one of the digital asset exchanges that comply with the country’s anti-money laundering (AML) and counter-terrorism financing (CTF) regul...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US, the US affiliate of cryptocurrency exchange, Binance, and the Securities and Exchange Commission (SEC) are collaborating on an agreement to avoid a total freeze of the exchange's assets. Currently, the negotiations are being conducted be...
Cryptocoins News / Finance Magnates - 1 year ago
Initial Coin Offerings (ICOs) exploded into the cryptocurrency landscape with considerable hype and promise. By selling tokens to investors, they provided a new mechanism for blockchain-based companies to raise cash. However, following a period of ex...
Cryptocoins News / Finance Magnates - 1 year ago
Because of its potential to disrupt different industries, blockchain technology has received a lot of interest in recent years. Gaming and virtual reality (VR) are two industries that promise to benefit substantially from blockchain. Blockchain's dec...
Cryptocoins News / Finance Magnates - 1 year ago
The American branch of the Bittrex crypto exchange, which declared bankruptcy over a month ago, is prepared to pay out funds to its customers. The process is set to begin tomorrow (Thursday), driven by a decision from the Delaware bankruptcy court. B...
Cryptocoins News / Finance Magnates - 1 year ago
Non-Fungible Tokens (NFTs) and Contract for Difference (CFDs) are two financial products that have attracted a lot of attention recently in the digital arena. While CFDs enable traders to speculate on price changes without owning the underlying asset...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the disgraced founder of bankrupt cryptocurrency exchange FTX, has made a move to have the charges that were slapped on him by the US prosecutors dismissed after his extradition from the Bahamas, Reuters reported on Tuesday. The fo...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies and Contract for Difference (CFD) trading are two fast-growing financial trends. Cryptocurrencies like Bitcoin and Ethereum have received a lot of attention and popularity, whereas CFDs provide a versatile and easy option to trade a...
Cryptocoins News / Finance Magnates - 1 year ago
In recent years, cryptocurrencies have significantly increased in popularity and attention, with Bitcoin serving as the most notable example. But, a rising worry about cryptocurrencies' environmental impact is what's driving their popularity. The pro...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency frauds and security breaches are becoming more likely as cryptocurrencies continue to acquire acceptance and public attention. Cryptocurrencies' decentralized and anonymous nature offers both advantages and disadvantages. While they ha...
Cryptocoins News / Finance Magnates - 1 year ago
The advent of decentralized finance (DeFi) platforms in recent years has revolutionized the way financial transactions and services are handled in the cryptocurrency world. Blockchain technology is used by DeFi platforms to give decentralized alterna...
Cryptocoins News / Finance Magnates - 1 year ago
The stocks and crypto assets trading platform, eToro has halted the purchase of four cryptocurrencies, which were recently labeled as unregistered securities by the Securities and Exchange Commission (SEC), for users in the US, according to an announ...
