Cryptocoins News / Finance Magnates - 1 year ago
Artificial
intelligence (AI) may play a key role in a future financial crisis, Gary Gensler,
the Chair of the US Securities and Exchange Commission (SEC) said. Gensler
pointed out that recent advancements in AI could be harmful to the global economy...
Cryptocoins News / Finance Magnates - 1 year ago
With the
introduction of cryptocurrencies and blockchain technology in recent years, the
gaming industry has seen substantial disruption. Because of this confluence, a
new phenomenon known as crypto gaming has emerged, which mixes the fascinating
wor...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto
sponsorships have grown in popularity in recent years as a popular way for
brands to engage with the cryptocurrency community and benefit on the growing
interest in digital assets. However, this new kind of sponsorship has distinct
regulatory...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) has
sought public opinion about spot Bitcoin exchange-traded fund (ETF) applications
recently filed by asset management companies. The submission of the applications for public opinion
marks the initi...
Cryptocoins News / Finance Magnates - 1 year ago
Supply chains
are crucial to the global economy because they ensure the efficient movement of
commodities from manufacturers to consumers. Traditional supply chains, on the
other hand, are frequently plagued by inefficiencies, a lack of transparency,...
Cryptocoins News / Finance Magnates - 1 year ago
National
Australia Bank (NAB) has actively taken measures to safeguard its customers
from financial scams, recently intervening in transactions worth over $270
million. This move comes as a response to the rising scam concerns between
March and July....
Cryptocoins News / Finance Magnates - 1 year ago
An intriguing
trend has emerged in the cryptocurrency world: sportsmen becoming crypto
ambassadors. These sports influencers have used their large following and
global reach to promote and endorse numerous cryptocurrencies and blockchain
initiatives....
Cryptocoins News / Finance Magnates - 1 year ago
Ripple has expressed optimism that banks and financial
institutions in the US will start using its cryptocurrency, XRP following the
court ruling in the case between the blockchain company and the Securities and
Exchange Commission (SEC).Last week,...
Cryptocoins News / Finance Magnates - 1 year ago
The
Financial Stability Board (FSB) has issued a global regulatory framework for
crypto-asset activities. This move is aimed at bolstering the comprehensiveness
and international uniformity of crypto regulatory and supervisory approaches. The
move co...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
have made huge inroads into the sponsorship industry, altering payment systems
and introducing tokenization to the sports, entertainment, and gaming
industries. As cryptocurrencies acquire widespread adoption, an increasing
number of...
Cryptocoins News / Finance Magnates - 1 year ago
Binance reportedly has made over 1,000 employees redundant in recent weeks, further shrinking its previous 8,000-strong global workforce. The Wall
Street Journal (WSJ) reported the massive cut in employment today (Friday), citing an
insider source. B...
Cryptocoins News / Finance Magnates - 1 year ago
Alex
Mashinsky, the Founder of the bankrupt cryptocurrency lender, Celsius Network, has
pleaded not guilty to fraud charges imposed on him by the US Department of
Justice (DOJ). Mashinsky
was arrested yesterday (Thursday) in New York after the
DOJ an...
Cryptocoins News / Finance Magnates - 1 year ago
The Argentinian financial markets regulator, the National
Securities Commission (CNV), has approved the first Bitcoin-based futures
contract, which gives investors exposure to the top cryptocurrency. It marks
the first time the regulator is approvi...
Cryptocoins News / Finance Magnates - 1 year ago
Central Bank
Digital Currencies (CBDCs) have emerged as a key breakthrough in the financial
environment, having the potential to transform our perception of and
interaction with money. CBDCs are central bank-issued and controlled digital
representati...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto has
attracted substantial interest, penetrating a variety of industries, including
sports. Cryptocurrencies are making inroads into the world of sports, from
sponsorship deals to ticket sales and fan interaction. This article
investigates the...
Cryptocoins News / Finance Magnates - 1 year ago
The US District Court in the Southern District of New York made a landmark judgment for the cryptocurrency industry yesterday (Thursday). After a lengthy legal battle, Judge Analisa Torres ruled partially in favor of Ripple Labs, saying XRP is not a...
Cryptocoins News / Finance Magnates - 1 year ago
In a landmark judgment yesterday (Thursday), a US court ruled that XRP's token sale to retail investors on public exchanges did not violate the securities law. However, the token sale to sophisticated investors did violate federal securities law.Ripp...
Cryptocoins News / Finance Magnates - 1 year ago
With the
introduction of decentralized finance, also known as DeFi, the world of money
has undergone a paradigm shift. This new notion is upending existing financial
systems by giving individuals greater control over their assets and upsetting
the ba...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase
and the US Securities and Exchange Commission (SEC) had
their first face-off today (Thursday) following the securities
regulatorโs charges against the cryptocurrency exchange in early June. During the pre-motion hearing,
both parties argued...
Cryptocoins News / Finance Magnates - 1 year ago
Alexander
Mashinsky, the
Founder of the bankrupt cryptocurrency lender, Celsius Network was arrested
today (Thursday) in New York. The arrest was made as the United States Department
of Justice (DOJ) and several regulators imposed multiple lawsuits a...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's bankruptcy lawyers have sought court orders to
recover $323 million paid to the leadership of FTX Europe, a subsidiary of the
now-bankrupt cryptocurrency exchange. The amount is believed to be part of a
larger sum of money allegedly misappropri...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
have not only transformed the financial world, but they have also had a big
impact on a variety of industries, including sports, entertainment, and gaming.
Sponsorships are one area where cryptocurrencies have had a significant impac...
Cryptocoins News / Finance Magnates - 1 year ago
The world
of social trading has been evolving for more than a decade and is dominated by
several major players. BitMEX, a major crypto derivatives exchange, wants to change
this balance of power and has unveiled a novel approach to social trading nam...
Cryptocoins News / Finance Magnates - 1 year ago
Circle, the company behind the stablecoin USD Coin (USDC),
has announced that it is reducing staff and cutting investments in non-core
business activities. At the same time, the company is reportedly identifying
new investment opportunities and hirin...
Cryptocoins News / Finance Magnates - 1 year ago
After Hong
Kong introduced the new virtual asset service providers (VASPs) regime, many
companies have decided to enter the local market in a bid to exploit its
potential. OKX was one of them, introducing a version of the mobile app aimed
at customer...