Cryptocoins News / Finance Magnates - 1 year ago
The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by the convicted Sam Bankman-Fried. This decision, reversing a prior ruling, fo...
Cryptocoins News / Finance Magnates - 1 year ago
Norman Reed, the Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission's (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a fo...
Cryptocoins News / Finance Magnates - 1 year ago
While generalizations are often best avoided, it’s fair to say that a significant number of long-time Bitcoin believers are not fans of Davos get-togethers, or indeed of event organizers the World Economic Forum. This can be put down, in part, to Bit...
Cryptocoins News / Finance Magnates - 1 year ago
The Office of the President of the Republic of Korea is challenging the Financial Services Commission's (FSC) stance against spot Bitcoin exchange-traded funds (ETFs). This step arrived about a week after the FSC cautioned against trading US-based sp...
Cryptocoins News / Finance Magnates - 1 year ago
The trend that will shape the crypto and Web 3 space in 2024 is the role of AI as a game maker, which is the concept of using AI to generate, design, and develop games. It can provide various advantages for game-making, such as speed, scale, and dive...
Cryptocoins News / Finance Magnates - 1 year ago
Thailand's Securities and Exchange Commission (SEC) has announced the removal of investment restrictions on retail investors who engage in real estate-based digital tokens. The regulatory update, effective since January 16, comes after a public consu...
Cryptocoins News / Finance Magnates - 1 year ago
The United States Securities and Exchange Commission (SEC) has announced a 45-day extension to its deliberation period for asset manager Fidelity's Ether exchange-traded funds (ETFs). The regulatory body cited the need for sufficient time to evaluate...
Cryptocoins News / Finance Magnates - 1 year ago
Bitfinex, a digital asset trading platform, has partnered with Synonym to introduce a feature that simplifies and accelerates Lightning Network transactions. This collaboration aims to enhance customer experience by eliminating the complexities assoc...
Cryptocoins News / Finance Magnates - 1 year ago
The recently launched US Bitcoin exchange-traded funds (ETFs) have captured the attention of investors, drawing an impressive $1.9 billion in just the first three days of trading. According to a report by Reuters citing data from issuers and analysts...
Cryptocoins News / Finance Magnates - 1 year ago
The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs.No Place for Futures Bitcoi...
Cryptocoins News / Finance Magnates - 1 year ago
Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in...
Cryptocoins News / Finance Magnates - 1 year ago
Gemini has secured approval from the French regulator to launch its services in France. This significant development opens a new chapter for Gemini, allowing it to extend its offerings to retail and institutional clients in the European market. Gilli...
Cryptocoins News / Finance Magnates - 1 year ago
Nukkleus Inc. has announced the signing of a Memorandum of Understanding (MOU) yesterday (Tuesday), outlining plans for a significant increase in its holdings in Jacobi Asset Management. The collaboration with Jacobi, recognized as the sponsor of Eur...
Cryptocoins News / Finance Magnates - 1 year ago
Ark Investment Management LLC has invested $15.9 million in its recently-listed spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin ETF (ARKB). In a parallel move, the firm sold $15.8 million worth of shares in the ProShares Bitcoin Strateg...
Cryptocoins News / Finance Magnates - 1 year ago
In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to secur...
Cryptocoins News / Finance Magnates - 1 year ago
Kraken's subsidiary, CF Benchmarks, is in talks with 50 firms seeking its services for spot Bitcoin exchange-traded fund (ETF) pricing. This development follows the recent approval of 11 spot Bitcoin ETF applications by the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 1 year ago
B2Prime Group's, a liquidity provider, subsidiary B2B Prime Digital MENA has been granted "Initial Approval" for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). The approval covers a spectrum of activities, including Virtual Asse...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple has temporarily halted its plans for an initial public offering (IPO) due to what is described as a 'hostile' regulatory environment in the United States. The delay is attributed to the ongoing legal battle with the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 1 year ago
Core Scientific, a Bitcoin miner that took a massive hit with previously falling crypto prices, received approval for Chapter 11 restructuring from a US bankruptcy judge. Following this decision, the company is expected to re-list its shares on Nasda...
Cryptocoins News / Finance Magnates - 1 year ago
Bitget Wallet, a Web3 trading wallet formerly known as BitKeep, has introduced a new inscription ecosystem called GetScribe. The platform aims to simplify access to omnichain inscriptions by offering inscription management across 19 different blockch...
Cryptocoins News / Finance Magnates - 1 year ago
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The move aims to help the nascent crypto sector tackle illicit finance risk...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto spot trading volumes for the top 10 exchanges in December 2023 reached their highest levels since June 2022, marking the third consecutive month of growth. Binance, maintaining its lead, experienced a month-on-month (MoM) increase of 40%...
Cryptocoins News / Finance Magnates - 1 year ago
The approval of 11 Bitcoin exchange-traded funds (ETF) by the US securities market regulator has failed to convince its counterpart in Thailand, also named the Securities and Exchange Commission (SEC), to allow such products in the local Thai market....
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets Regulation (MiCA). This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA gear...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets (MiCA) regulation. This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA prep...
