Cryptocoins News / Finance Magnates - 1 year ago
Traditionally, the process of disbursing funds during humanitarian crises has been marred by challenges such as bureaucratic delays, lack of transparency, and the potential for mismanagement of funds. These hurdles not only hinder the prompt delivery...
Cryptocoins News / Finance Magnates - 1 year ago
Bayo Onanuga, an adviser to Nigeria’s President Bola Tinubu on information and strategy, has ignited a contentious debate by calling for a ban on cryptocurrency trading platforms including Binance, KuCoin, and others within the country.Onanuga Urges...
Cryptocoins News / Finance Magnates - 1 year ago
A Texas-based cryptocurrency company, Lejilex, in conjunction with the Crypto Freedom Alliance of Texas (CFAT), launched a legal challenge against the US Securities and Exchange Commission (SEC) on Wednesday. The lawsuit, filed in federal court in Fo...
Cryptocoins News / Finance Magnates - 1 year ago
The High Court of Podgorica has approved the extradition of Do Kwon, the Co-Founder and Former CEO of Terraforms Labs, to the US. Kwon faces criminal charges in the US following the collapse of Terraform Labs. After rejecting South Korea's extraditi...
Cryptocoins News / Finance Magnates - 1 year ago
Circle, the US cryptocurrency firm, announced its decision to terminate support for its USDC token on the Tron blockchain network. The decision has been revealed today (Wednesday). Circle Halts USDC Minting on TronStablecoins like USDC are digital as...
Cryptocoins News / Finance Magnates - 1 year ago
The Seychelles-based cryptocurrency exchange Bitget has set its sights on expanding its presence in Latin America, according to Maximiliano Hinz, the company's Director of Growth for the region. To gain a foothold, Bitget plans to increase its local...
Cryptocoins News / Finance Magnates - 1 year ago
The global derivatives marketplace CME Group plans to expand its cryptocurrency derivatives suite with Bitcoin and Ether futures. Dubbed Micro Bitcoin Euro and Micro Ether Euro futures, the products will be launched on March 18, pending regulatory ap...
Cryptocoins News / Finance Magnates - 1 year ago
The United Kingdom government revealed plans this week to push through the long-awaited cryptocurrency regulations within the next six months.Speaking at a cryptocurrency industry event in London this week, Bim Afolami, the Economic Secretary to the...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto hedge fund Tyr Capital is embroiled in a contentious dispute with one of its clients regarding its exposure to the bankrupt digital assets exchange FTX.Tyr Capital Faces $22 Million Claim Tyr Capital stands accused of "criminal" mismanagem...
Cryptocoins News / Finance Magnates - 1 year ago
Nexera Foundation, formerly known as AllianceBlock, is undergoing a transition, rebranding itself to align with its mission and objectives. The shift reflects the organization's strategic focus on advancing the era of tokenized finance while fosterin...
Cryptocoins News / Finance Magnates - 1 year ago
Japan's cabinet has passed a bill that expands the investment landscape for venture capital firms and investment funds by permitting them to acquire and hold crypto assets. If passed by parliament, this legislation could catalyze investment in Web3 s...
Cryptocoins News / Finance Magnates - 1 year ago
After launching its global headquarters in Dubai less than a year ago, the cryptocurrency exchange Bybit is now looking towards Europe where it aims to open Amsterdam’s regional office. The establishment of the new bureau in the Dutch capital was mad...
Cryptocoins News / Finance Magnates - 1 year ago
The digital bank Revolut is developing a new cryptocurrency trading platform designed for seasoned crypto traders, according to an e-mail sent to customers this week. The new platform will offer more advanced trading features like deeper market analy...
Cryptocoins News / Finance Magnates - 1 year ago
Cboe Australia has listed new exchange-traded funds (ETFs) from iShares by BlackRock. This step places BlackRock among the major asset management firms listing its iShares ETFs on every Cboe exchange globally.Dave Howson, the Executive Vice President...
Cryptocoins News / Finance Magnates - 1 year ago
Bithumb Korea, the operator of South Korea’s second-largest cryptocurrency exchange Bithumb, faces a setback as it fails to secure a deal with major local lender KB Kookmin Bank for the issuance of real-name accounts, potentially hindering its effort...
Cryptocoins News / Finance Magnates - 1 year ago
There’s plenty of talk recently about crypto going mainstream, triggered especially by events around spot bitcoin ETFs in the US. These products were approved and launched in January, which is significant in itself, but what has followed is a hugely...
Cryptocoins News / Finance Magnates - 1 year ago
California-headquartered Coinbase (Nasdaq: COIN) has reported a profit of $273.4 million or $1.04 per share in the fourth quarter of 2023, beating an expected loss of expected loss of 1 cent per share, according to LSEG data. It was the first quarter...
Cryptocoins News / Finance Magnates - 1 year ago
Revolut, a leading European banking fintech firm, is reportedly planning to list Bonk, the largest meme coin linked to the Solana blockchain. Additionally, it plans to kick off a $1.2 million campaign to encourage cryptocurrency awareness among its u...
Cryptocoins News / Finance Magnates - 1 year ago
In early December, the first cryptocurrency company made its debut on the Abu Dhabi stock market, receiving a warm welcome from investors. Two months later, Phoenix Group UAE, specializing in the mining of cryptocurrency assets, published its 2023 re...
Cryptocoins News / Finance Magnates - 1 year ago
Wintermute Asia, the digital asset trading division of algorithmic trading firm Wintermute Group, announced today (Thursday) the addition of contract for difference (CFD) crypto products to its over-the-counter (OTC) derivatives suite.Wintermute Asia...
Cryptocoins News / Finance Magnates - 1 year ago
Over the last few months, investor sentiment towards individual cryptocurrencies has favored Ethereum (ETH) over Bitcoin (BTC). However, the release of the first-ever spot exchange-traded funds (ETFs) for BTC has changed the balance of market forces,...
Cryptocoins News / Finance Magnates - 1 year ago
The ascent of cryptocurrencies, spearheaded by the expansive influence of Bitcoin, Ethereum, and a multitude of altcoins, has experienced significant momentum in recent years. This surge prompts a scrutiny of the implications for the broader financia...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple made an announcement of its agreement to acquire Standard Custody & Trust Company, a regulated platform specializing in digital assets. By integrating Standard Custody's limited purpose trust charter and money transmitter licenses into its...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea's financial authorities, led by the Korea Financial Intelligence Unit (KoFIU), are planning to implement stringent measures targeting cryptocurrency exchanges. Exchanges failing to meet the stringent standards will face expulsion from the...
Cryptocoins News / Finance Magnates - 1 year ago
The criminal sentencing of Changpeng Zhao, the Founder and former CEO of Binance, for his conviction on money laundering, has been delayed until April 30, according to a notice yesterday (Monday) in Seattle federal court.However, the court docket ent...
