Cryptocoins News / Finance Magnates - 2 years ago
<p>If you follow the crypto Twitter-sphere you may have come across a recent drama that started with a comment by a well-known analyst and commentator known as Cobie. Famous for his upfront understanding of all things crypto, on his UpOnly podc...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The French social services were defrauded via false claims and stolen identities during the pandemic. Unemployment benefits were illegally obtained, which amounted to millions of euros that were later laundered via crypto and transferred to...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The German financial market supervisor, the Federal Financial Supervisory Authority (<a href="https://www.financemagnates.com/cryptocurrency/bafin-warns-investors-of-crypto-trading-advices-on-social-media/" target="_blank&q...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Crypto.com announced it has completed the compliance audit for Service Organization Control (SOC) 2 Type II. The audit was independently carried out by Deloitte.</p><p>SOC Type 2 as opposed to SOC Type 1 includes a long-term anal...
Cryptocoins News / Finance Magnates - 2 years ago
<p>A sophisticated scam using deepfake tech managed to drain liquidity from a Brazilian crypto exchange. In June 2022, the FBI issued a warning that fraudulent investment scams on LinkedIn are rising.</p><p>As LinkedIn is widely use...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The total value of global crypto assets under management dropped below $30 billion last week after digital asset investment products witnessed outflows of approximately $9 million. Bitcoin remained the worst-performing digital currency last...
Cryptocoins News / Finance Magnates - 2 years ago
<p>After a strong recovery during the first half of August, crypto assets like Bitcoin and Ethereum witnessed a substantial price correction during the last week. Bitcoin lost more than 12% of its value and dipped below $21,000 on Monday.</p...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The revenue of the popular global <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target="_blank" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1" class="terms__main-term">c...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The United States Federal Deposit Insurance Corporation (<a href="https://www.financemagnates.com/tag/fdic/" target="_blank">FDIC</a>) issued cease and desist letters to five crypto-related companies, includin...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Despite the BTC sell-off and a significant drop in total value locked (TVL), talent is migrating from traditional finance to the crypto space. Among the most notable names that are Katia Babbar and William McGhee.</p><p>Babbar is...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Recently, Binance.US announced that the company has received its Money Transmitter License in Nevada. In 2022, the <a href="https://www.financemagnates.com/tag/crypto/" target="_blank">crypto</a> firm obtained...
Cryptocoins News / Finance Magnates - 2 years ago
<p>One of the leading blockchain firms in the world, Ripple recently <a href="https://www.businesswire.com/news/home/20220818005147/en/Ripple-Launches-Crypto-enabled-Enterprise-Payments-in-Brazil-With-Travelex-Bank" target="_b...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Despite the latest correction in the <a href="https://www.financemagnates.com/tag/crypto/" target="_blank">crypto</a> market, the total number of Bitcoin whales has increased substantially in the last few mont...
Cryptocoins News / Finance Magnates - 2 years ago
<p>American cryptocurrency exchange, Coinbase, has raised concern over an increase in the number of romance-investment scams called ‘pig butchering’ or ‘Sha zu pan'.</p><p>This type of scam occurs when a scammer sources victims...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Several financial developments are converging, and together they create the possibility of significant changes in our money and the ways we transact, around which there should be awareness and open discussion.</p><p> Firstly, the...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Your Bourse, a London-based technology provider to forex and contract for difference (CFD) brokers, recently appointed new heads of department to spearhead various units in its organization.</p><p>These are Valter Timanov as Head...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Public-listed crypto mining firm, HIVE Blockchain Technologies, recently <a href="https://www.hiveblockchain.com/news/hive-announces-quarterly-revenue-of-442-million-up-13-from-the-same-quarter-last-year-and-earnings-for-our-1st-quar...
Cryptocoins News / Finance Magnates - 2 years ago
<p>As we near the Ethereum merge, what scenarios will affect ETH sentiment, bullish or bearish, and what can be used to determine the success of the merge?</p><p>The Goerli testnet merge (the last testnet) was successful, which pave...
Cryptocoins News / Finance Magnates - 2 years ago
<p>In its latest digital asset weekly fund flows report, CoinShares noted that approximately $21 million worth of investment left Bitcoin products last week. The latest sentiment shift came after BTC failed to break above the price level of $26...
Cryptocoins News / Finance Magnates - 2 years ago
<p>One of the fastest-growing cryptocurrency trading platforms, Crypto.com <a href="https://crypto.com/company-news/crypto-com-receives-registration-approval-as-cryptoasset-business-from-uk-financial-conduct-authority-fca/" target...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Institutions are showing the green light, equities have rallied, Ether is waking up ahead of the fabled Merge, so where is Bitcoin among all this positive activity?</p><p> Regarding talk of sizable institutions showing interest i...
Cryptocoins News / Finance Magnates - 2 years ago
<p>One of the largest digital asset trading platforms, Crypto.com recently confirmed that the Ontario Securities Commission (OSC) has granted the company a pre-registration undertaking for operations in the Canadian region. With that, Crypto.co...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Depending on when you got into crypto, and to what extent you opted to be a maximalist for a certain cause (most likely either Bitcoin or, later, Ethereum, since these have the most single-minded communities), your initial perception of the...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The digital bank, Revolut has been authorized by <a href="https://www.financemagnates.com/terms/c/cysec/" target="_blank" id="37d97d82-59f8-4ce2-94d2-21c5bdc82663_1" class="terms__main-term">CySE...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Nasdaq-listed EQONEX <a href="https://group.eqonex.com/news/eqonex-streamline-operations-focus-asset-management-and-custody-businesses" target="_blank">announced</a> today that the company is planning to exit...
