Cryptocoins News / Finance Magnates - 2 years ago
The total volumes generated from spot and derivatives trading activities on centralized exchanges (CEXs) slumped by 12% to $2.36 trillion in July, hitting the lowest monthly trading volume recorded this year, so far. The figures are based on the late...
Cryptocoins News / Finance Magnates - 2 years ago
FTX wants its subsidiary based in Dubai excluded from its ongoing bankruptcy proceedings in the US. According to a court document filed today (Thursday), the bankrupt cryptocurrency exchange argued that this step would allow for a timely distribution...
Cryptocoins News / Finance Magnates - 2 years ago
Once incredibly popular in the contract for difference (CFD) market, copy trading solutions are now also captivating the hearts of cryptocurrency users. Copy and social trading are increasingly employed by investors in the digital asset landscape, as...
Cryptocoins News / Finance Magnates - 2 years ago
More than two months ago, Hong Kong legalized cryptocurrencies, again offering retail traders access to the digital assets market. Until now, however, none of the companies have obtained all the necessary permits to actually conduct retail operations...
Cryptocoins News / Finance Magnates - 2 years ago
The worlds of sports, entertainment, and online media have seen a significant shift in sponsorship habits, with cryptocurrencies emerging as potential game changers. The growth of cryptocurrencies, as well as their increasing public recognition, has...
Cryptocoins News / Finance Magnates - 2 years ago
US prosecutors are mulling over whether to initiate criminal charges against Binance, thereby turning the heat on 13 civil charges filed by the securities watchdog against the top crypto exchange earlier in June, Semafor reported today (Wednesday), c...
Cryptocoins News / Finance Magnates - 2 years ago
Brad Garlinghouse, the Chief Executive Officer of Ripple Labs, a payment protocol and exchange network, has slammed the US Securities and Exchange Commission for allegedly using the company’s quarterly reports about its native cryptocurrency, XRP, in...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase plans to integrate Bitcoin's Lightning Network to facilitate faster cryptocurrency payments. According to a comment by the exchange's CEO Brian Armstrong, Coinbase supports the efforts to facilitate payments on Bitcoin through the Lightning...
Cryptocoins News / Finance Magnates - 2 years ago
The crypto sector has grown rapidly and attracted substantial attention from mainstream audiences. As the sector evolves, brands and businesses are seeing the potential of crypto sponsorships to have a significant societal impact. These sponsorships...
Cryptocoins News / Finance Magnates - 2 years ago
Binance’s users in China traded more than USD $90 billion in a single month despite cryptocurrency trading being illegal in the country, the Wall Street Journal reported yesterday (Tuesday), citing the exchange's internal documents and former emplo...
Cryptocoins News / Finance Magnates - 2 years ago
Binance's founder and CEO, Changpeng Zhao, has considered shuttering the US affiliate of the crypto exchange earlier this year to protect the broader global operations, according to a report by The Information. However, Zhao's decision was blocked by...
Cryptocoins News / Finance Magnates - 2 years ago
While buzz grows around the Middle East and Hong Kong as emerging crypto hubs, do not overlook Europe. Specifically, France is making waves as a potential digital asset safe haven. Hex Trust just secured a license to offer digital asset custody and t...
Cryptocoins News / Finance Magnates - 2 years ago
The shares of companies in the cryptocurrency and blockchain technology sector dropped on Tuesday after the recent crypto exploit involving Curve Finance caused the price of Bitcoin to drop to a six-week low. The shares of the publicly listed crypt...
Cryptocoins News / Finance Magnates - 2 years ago
The latest financial report from CoinShares International Limited, a major European alternative asset manager specializing in digital assets, highlights the company's impressive performance in the second quarter of 2023. According to the report publi...
Cryptocoins News / Finance Magnates - 2 years ago
The World Federation of Exchanges (WFE) has asked the International Organization of Securities Commissions (IOSCO) to address the conflict of interest created by centralized finance (CeFi) firms such as crypto exchanges that engage in multiple busine...
Cryptocoins News / Finance Magnates - 2 years ago
Another popular company from the finance world has decided to build its presence in the United Arab Emirates (UAE), which is increasingly becoming a hub for cryptocurrency. Laser Digital Middle East FZE, a digital asset subsidiary of Nomura operating...
Cryptocoins News / Finance Magnates - 2 years ago
Binance Japan is planning to initially list 34 tokens, the most offerings among its rivals in Japan, after reopening its services in the country this month. The cryptocurrency exchange is also planning to offer its native token, BNB, for the first...
Cryptocoins News / Finance Magnates - 2 years ago
FTX filed a series of court documents yesterday (Monday) with the claims of the debtors and also proposed a plan for one class of claimants to relaunch the offshore cryptocurrency exchange operations with third-party investors. Claimants of FTX The c...
Cryptocoins News / Finance Magnates - 2 years ago
In its latest crackdown on crypto exchanges in the United States, the Securities and Exchange Commission (SEC) has charged Hex’s Founder, Richard Heart, also known as Richard Schueler, with raising over $1 billion through ‘unregistered offerings of c...
Cryptocoins News / Finance Magnates - 2 years ago
The amount of money lost through hacks and exploits in the cryptocurrency sector surged the highest year-to-date to USD $303 million in July. The security platform focusing on blockchain technology, Certik, released an update about the losses today...
Cryptocoins News / Finance Magnates - 2 years ago
Upbit, a South Korean cryptocurrency exchange, has temporarily suspended deposits and withdrawals of CRV, the governance token of Curve Finance, a decentralized exchange for stablecoins. The move comes as hackers over the weekend exploited a ‘re-entr...
Cryptocoins News / Finance Magnates - 2 years ago
The metaverse has grown as an enthralling and immersive digital universe, providing limitless opportunities for producers, investors, and art enthusiasts alike. Non-Fungible Tokens (NFTs), a unique type of digital asset that has transformed the art i...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange, Kraken has reportedly solved an issue with its funding gateway for Ethereum, which caused a delay in deposits and withdrawals. The exchange indicated on its status page that all of its systems were operational without giv...
Cryptocoins News / Finance Magnates - 2 years ago
Nigeria’s Securities and Exchange Commission (SEC) reiterated its warning against Binance, the largest crypto exchange in terms of trading volume, highlighting that the platform has been “soliciting Nigerian public to trade crypto assets.” Binance Is...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has revealed that the Securities and Exchange Commission (SEC) had asked it to stop trading in all cryptocurrencies except Bitcoin before suing the crypto exchange. Thus, Coinbase was forced to act by going to court to avert possible damage...
